HURONIA COMMUNITY FOUNDATION IS A REGISTERED CHARITY AND HOME TO OVER 80 UNIQUE FUNDS ESTABLISHED BY LOCAL CHARITIES AND COMMUNITY-MINDED PHILANTHROPISTS.
Established in 2000, Huronia Community Foundation (HCF) was incorporated as Canada’s 99th Community Foundation. We were started by a group of local individuals who had a vision to provide financial support to our community forever by developing giving strategies based on endowment funds held in perpetuity.
As a charitable organization, you can set up your own agency endowment fund with HCF that will benefit your charity forever. By using campaign funds or a gift from a major donor, you can contribute funds to start your own endowment. Over time, you can continue to grow your endowment with additional contributions to create a financial bedrock for your agency. No matter how large or small the fund is, the contributions are invested in perpetuity with HCF, and the income from the endowment fund will ensure a consistent and permanent stream of funding that you can count on year after year.
You can build trust with your donors by establishing an endowment fund. The endowment fund is a positive asset that shows that you intend to be around for a long time. Furthermore, through an endowment, donors now have the opportunity to provide a gift knowing that it will benefit your charity forever, instead of just addressing the immediate needs.
No need to get bogged down with the day-to-day administration and costs (lawyers, fund managers and accountants) associated with managing your own fund. We at HCF do it all for you! By creating an agency endowment fund with HCF, you benefit from the knowledge that your agency’s fund will be pooled with the rest of our funds to obtain the preferential treatment that your agency deserves, while lowering your administrative costs and reaping the benefits of working with us.
As part of our low administrative fee, we provide a number of benefits to charities when you establish an agency endowment fund with us:
Once you’ve decided that an Agency Endowment Fund is the route to go, we’ve made it easy for you. The following are the 5 main steps to establish an endowment fund with HCF:
Note: Only Charities registered with the Canada Revenue Agency may start a charitable endowment fund with Huronia Community Foundation and you must commit to a minimum contribution of $10,000 over 5 years.
That’s it, you’re done… Once HCF have completed their part, you can start promoting the fund. We handle all the administrative details – so that your organization can focus on its mission. The earnings from your fund are distributed back to your organization annually, helping you to continue the work you do in the community.
Some of the local charities that are planning for the future by holding endowment funds with Huronia Community Foundation include:
The Emergency Community Support Fund was initially announced on April 21, 2020 by the Prime Minister of Canada. It is part of a broad series of emergency response measures by the Government of Canada.
The Fund is a $350 million emergency funding program from the Government of Canada to help charities and non-profit organizations serving vulnerable populations disproportionately impacted by COVID-19. Starting May 19, qualified donees can apply for ECSF grants via CFC and participating community foundations across Canada.
