ACF recently established a Managed Fund Policy so it can provide non profits who have a charitable tax number with an opportunity to have ACF hold its long term funds which they may be raising for future programing or capital needs and invest those funds exactly as the Foundation invests its endowment funds. However, managed funds belong to the non profit and can all be withdrawn at any time. They are not permanently endowed. This provides a cost efficient way for non profits to have their long term funds invested in a way that will generate income and still be invested conservatively to minimize risk.
The United Way Fraser Valley established the first Managed Fund with ACF in November, 2014.