The Saskatoon Community Foundation is a registered charity, supporting the needs of our community. We offer an innovative way to put charitable dollars to work for the beneﬁt of Saskatoon. Our philosophy is to build funds for the long-term, on-going support of charitable organizations. The Foundation is donor-focused and cause neutral. We connect donors to the issues and organizations that matter most to them.
Many lawyers, accountants, financial planners and other professional advisors partner with us to equip themselves with tools and knowledge to meet their clients’ charitable giving wishes. Your clients have their own personal reasons to explore philanthropy. We will work with you to help your clients establish gifts that reflect their individual philanthropic interests while maximizing their tax savings and financial advantages.
Partnering with SCF to Invest in Community
We work with you. You stay in control of your client relationships. We provide a full range of services for your client, and can set it up so that you, the ﬁnancial planner, are able to retain that book of business. For non-pooled funds you can continue to manage the money, and you remain the investment broker.
We are experts in charitable giving. Whether it’s putting together a complicated estate plan or considering the alternatives to a private foundation, we can tailor giving plans to meet your clients’ needs.
We are knowledgeable about our community and we can help your clients be as effective as possible in their giving. We can assist your client in donating securities to a wide variety of charities that may not have a brokerage ﬁrm.
We offer the advantages of efﬁcient operations and effective fund management. As a registered charitable foundation, we are a cost-effective and efﬁcient option for industry professionals and donors to obtain expert advice of the charitable sector and philanthropic options.
Choosing the Asset
UNRESTRICTED FUNDS: This type of fund is not tied to any speciﬁc charity or interest, allowing the Saskatoon Community Foundation the ability to address pressing, changing, and immediate needs of the community.
FOR THE IMMEDIATE FUTURE: The Saskatoon Community Foundation recognizes there is an immediate and ongoing need in the community for donations. We offer our Flow Through Funds and Social Capital Accounts. These funds allow donations to ﬂow through the Community Foundation to your clients’ charity (or charities) of choice on an adhoc or annual basis.
FOUNDATION FUND ($500,000): This fund allows donors to accept applications from potential recipient charities using our online software.
DONOR ADVISED FUNDS ($50,000): This fund allows the donor to be actively involved each year in recommending charities.
STUDENT AWARDS ($25,000): Established to help individuals receive education or training they might not otherwise be able to access. Award criteria can be determined by the donor.
DESIGNATED FUNDS ($10,000): Established by the donor to support one or more charitable organizations or ﬁelds of interest in perpetuity. There are currently six key areas of focus for field of interest funds: