Anyone Can Give & In Any Way
The larger the pool of capital, the more income can be earned and the more good can be done in our community. For this reason, the Foundation has a number of ways for individuals, families, organizations, private foundations, and businesses to get involved and contribute to this pool.
Check Out Our Giving Guide!
Types of Funds
The Community Fund
Our primary endowment fund, The Community Fund, is an unrestricted fund where the annual earnings are disbursed with the approval of the Board of Directors.
The fund is comprised of donations, large and small, from a variety of sources including individuals, corporations, and organizations.
The earnings from the Community Fund enable us to respond to current community needs through the provision of grants focusing on specific areas of need.
Unrestricted Named Funds (Family, Corporation, or Organization)
An Unrestricted Named Fund works much like the Community Fund, with the exception that the original donor will establish the name of the Fund.
The earnings from Unrestricted Funds enable us to respond to current community needs through the provision of grants focusing on specific areas of need.
Donors can establish a Named Fund with a minimum donation of $5,000.
Endowment Fund Categories (Semi-Restricted and Restricted)
Field of Interest Funds (Semi-Restricted)
A Field of Interest Fund works much like the Community Fund, with the exception that the donor will identify an area of interest that they would like to target for their support. Examples include the arts, heritage, environment, health, seniors, youth leadership, children, recreation, social services, relief of poverty, or education.
The donor defines the area of interest for the earnings from these funds but empowers the Foundation’s Board of Directors to select worthwhile projects to support.
Donors will be able to establish a Field of Interest Fund with a minimum donation of $5,000.
Donor Advised Funds (Semi-Restricted)
The establishment of a Donor Advised Fund will enable a donor to have ongoing participation in the selection of charities that will benefit from their gift.
Donors can choose this type of fund instead of creating a family trust or private foundation.
Existing foundations or organizations can transfer their assets to the Foundation.
Donors can establish a Donor Advised Fund with a minimum donation of $10,000.
Designated Fund
By establishing a Designated Fund, donors will have the opportunity to specify which charities they would like to support. The annual earnings of a Designated Fund are returned annually to the charity identified by the Donor, establishing a passive source of income back to the organization the Donor wishes to support.
Donors can establish a Designated Fund with a minimum donation of $5,000.
Designated Fund (Charitable Organizations) Non-Recallable (Restricted)
This fund is administered by the Foundation on behalf of other registered charities. This allows the charity freedom from investment responsibility and gives donors the confidence of knowing that a permanent endowment will be built for the charity they have chosen to support.
Once established, the charity may encourage their donors to contribute to their endowment fund.
Designated Funds may be established with a minimum of $5,000.
Designated Fund (Charitable Organizations) Transferable/Recallable (Restricted)
This fund is administered by the Foundation on behalf of other registered charities where the capital can be returned when the following criteria is met:
• There is no recall available in the first year of investment.
• In years 2, 3, 4 and 5 up to 10% (non-cumulative) of capital investment can be recalled.
• After 5 years 100% of the capital can be requested.
After the initial one-year hold period, any request to access the capital of the fund must be in writing.
Written notice may be given at any time during the year, and the maximum encroachment amount will be calculated and processed at the end of the next calendar quarter: March 31, June 30, September 30, and December 31.
If redemption of capital occurs, it cannot be paid to an individual or corporation but rather must be paid to a qualified donee (registered charity).
CRCF will charge standard administrative and investment management cost recovery fees with respect to funds with transferable terms. In addition, there may be an exit cost recovery fee to account for transaction costs.
A donor or registered charitable organization may establish a recallable Designated Fund with a minimum initial capital contribution of $100,000.
Foundation Fund
The purpose of this fund is to establish a permanent source of revenue dedicated to covering the day-to-day operating and administration cost of the Foundation.
Donors can donate to the Foundation Fund, there is no minimum donation required.
Scholarship Fund
A Scholarship Fund will be a fund created in the donor’s name, or in honour of someone else, to support educational costs of a deserving student.
The Foundation will work with the donor to develop eligibility requirements for the Scholarship Fund and help to set up mechanisms for annual distribution.
Donors will be able to establish a Scholarship Fund with a minimum donation of $5,000.
Non-Endowed Funds
Non-endowed fund scenarios vary greatly depending on the source of the funding, the purpose of the funding, and the amount. An example of a non-endowed fund is when a donor wishes to donate to an organization anonymously, they may work with the Community Foundation to facilitate the gift to the organization of their choice while protecting their anonymity. Another example may be when a donor wishes to donate to an area of need over a set number of years, they may choose to donate a lump sum to the Community Foundation and arrange with the Community Foundation to pay the donation to the organization or cause of their choice. This might be $1,000,000 donated to the Foundation, held in a short term investment for 10 years, and allocated to the cause of their choice at $100,000 per year across ten years.
All non-endowed fund agreements will only be considered if they further the charitable purposes of the Foundation and will be considered on a case-by-case basis.
Unencumbered Funds
All Unencumbered Funds raised will be directed to an “Operating Account” and, at the Board’s discretion, surplus funds in that account can be redirected to the “Foundation Fund”.
Other Ways to Get Involved
When it comes to giving back to the community, any action big or small can make a difference – but sometimes it’s hard to know where to start. There are so many worthy causes in need of help.
As leaders in our community, the Campbell River Community Foundation (CRCF) supports non-profit organizations in pursuit of enriching life in Campbell River. We also guide people on their path to personal philanthropy by connecting them with causes that are important to them, helping them leave their lasting legacy. This in turn helps Campbell River become a healthier, more vibrant, and livable community.
Below are 10 ways to Get Involved with the Campbell River Community Foundation:
- Become part of our CRCF community by following us on Facebook, Instagram, and Linkedin.
- Fill out this form to become a Volunteer at one of our CRCF events.
- Support a not-for-profit in our community.
- Become a monthly donor.
- Leave a bequest in your will.
- Inspire others to talk about how they want to leave their legacy in their community.
- Gather a group of friends or neighbours and apply for a Neighbourhood Small Grant up to $500 to connect, inspire, or educate them.
- Read our Vital Signs report to learn more about Campbell River and region. Stimulate interesting discussions with your friends and use Vital Signs inspire you to find an area in our community in need of support and work with us to do something about it.
- Organize a fundraiser, challenge, or event with your friends or colleagues and donate the proceeds to the Community Foundation!
