The Community Endowment Fund was
established in 1988 to serve the broad non-profit charity community with capital funding and emergency assistance. We have committed to fund worthy community projects in the social services, education, sports, arts and health care sectors.
Living Legacy
When you make a gift to the Community Endowment Fund, the capital remains in tact. Only the net investment income earned is used, thus perpetuating your gift to provide help and hope to people in need for generations.
Assets of the fund are professionally managed by the Community Endowment Fund. The assets are invested to achieve a balance between long-term security of capital, asset growth and a level of annual income that will allow for funding of worthwhile community programs and services.
United Way of Sault Ste. Marie is trustee for the Community Endowment Fund.
Beneficiaries of the Income from the fund...
Designated Funds: as prescribed by Donor
General Donations: as clearly defined by the mandate of the fund for community wide benefit so that prospective donors can know where the income from their donations will be spent.
The Community Endowment Fund provided assistance in 2008 to:
| St. John’s Back to Basic’s - funding support for an after school program for students from schools in the west end community around St. John’s Anglican Church. The program offers a safe after school learning and play environment for young children who otherwise would be at home alone and vulnerable. |
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| Kids Hope — funding was provided to develop and promote educational programs that encourages healthy living life styles to children ages 5—13 in community schools. |
| Exergaming Centre at the Family YMCA — funding was provided to assist with the purchase of new gaming exercise equipment to address the growing issue of obesity in youth. This equipment will motivate youth to exercise and become healthier through new mediums. The room is also available to adults and seniors. |
The Community Endowment Fund has provided assistance
to many programs, services and organizations in our community since 1988:
| Roof Time Residence |
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| Social Planning Council |
| Public assistance |
| Furnishings - VON Adult Day Care – providing a home away from home for seniors and respite time for their families. |
| Quality of Life Report -Algoma Social Planning Council |
| Financial software - United Way of Sault Ste. Marie |
| Volunteer Algoma – Offering volunteer opportunities to more than 70,000 people in Algoma and supporting the needs of the not for profit community. |
| Stretcher for Community Emergency vehicle - St. John Ambulance Brigade |
| Sault Teen Centre |
| Community Assistance Trust |
| Elliot Lake Men’s Club |
| Resource Centre - Learning Disabilities Association |
| Community Survey – United Way of Sault Ste. Marie |
| House Furnishings for Katimavik House – Katimavik Youth Volunteers |
| “Instincts Self Protection” - Women In Crisis and Phoenix Rising Women’s Centre |
| Taking Care I & II workshops for Women - Phoenix Rising Women’s Centre |
| Therapeutic Ride Program – therapeutic horseback riding opportunities for individuals with special needs |
| Funding for New Rescue Vehicle - Sault Search & Rescue |
| Computer for Education and Training Presentations – St. John Ambulance |
| 2007 Festival of Learning – Algoma Arts Council – bringing the arts to over 12,000 students through the district of Algoma |
| KidsHope Programs in schools throughout the district of Algoma – KidsHope |
Phoenix Rising Presentation May 31, 2007. Amount: $1,200.