The Community Foundation of PEI

Community Foundation News

No. 43

April 18, 2006

As part of the Island Arts and Heritage Stabilization Program, ten client organizations participated in a Strategic Planning workshop facilitated by Paul Hickey. One-on-one follow-up sessions will take place with each group.
(Photo courtesy of Katy Baker)

Your Endowment Specialists

CFPEI specializes in designing and administering endowments; we now have 22 in our portfolio with no two exactly alike. Some endowments support scholarships while others may be used to make grants for any charitable purpose; three have geographical restrictions; some bear the name of a person or family; one is anonymous, at least for now.

To the uninformed, all endowments may seem the same but to CFPEI each endowment reflects the interests of the founder or the initial contributor(s). Endowments reflect the unique interests of donors and may be:

developed with a single donation or with donations over a period of time

held anonymously
allow for grants to one organization or to a number of organizations
alow for growth of principal to offset the impact of inflation
designed to respond to changing needs with a minimum of expense including legal challenges
Customized to match donors interests

If interested in establishing an endowment, talk to the specialists, today

The Foundation News is an informal newsletter edited and published electronically by, and at the whim of, Don Glendenning. Think of it as a letter from a friend. Please let me know if you want your name removed from the mailing list. Feel free to send it to a friend or otherwise let me know that you want to be on the mailing list. Address: dglende@auracom.com the foundation email address is foundation@cfpei.ca