What to Support
No matter what you’re passionate about, you can support it through the Abbotsford Community Foundation. Together, we build a stronger, more caring community.
So why should you choose the Abbotsford Community Foundation? There are a lot of great reasons!
Create a new named endowment fund
An individual, family or organization can create a named endowment fund. The first step is to determine what kind of fund you wish to create based on what you wish to support. You can choose from the following:
Donor Advised Endowment Funds
Donor Advised Funds (DAF) allow you to make annual grant recommendations to the charity or charities of your choice. Each year, the donor chooses which cause the earnings on their endowment will go to. It is a tailored option for those looking to spread their gifts among many great options.
Donor Designated Endowment Funds
Donor Designated Endowment Funds are similar to the above DAF, but when the fund is initially set up, the recipient of the gift is chosen. While the DAF allow you to support a different charity each year, this type of Fund ensures that the causes you choose are funded well into the future as the money is consistently given to them on an annual basis.
Field of Interest Funds
If have an area of interest and would like to have the foundation use your income to support this particular such as the environment or youth or seniors. The minimum required to create a Field of Interest Fund is $100,000.
Student Award Funds
You may wish fund a scholarship or bursary or general student award for a graduating high school student in Abbotsford. The Abbotsford Community Foundation will help your create this award and you will be given the opportunity to hand out the award at the student’s graduation ceremony.
An Agency Fund is a permanent endowment, which provides an annual source of revenue to be used at the discretion of the charitable organization that established it. Its purpose is to support sustainability or maintain charitable programming (including educational awards) consistent with the agency’s mission.
Support Existing Endowment Funds
The Foundation has established several special funds which the community can support. There is no minimum donation. Below is a list of those opportunities:
Smart and Caring Community Fund
This community fund provides income for ACF’s annual community grants and any amount can be donated to this fund to help ACF address community priorities. Anyone interested in establishing an endowment fund to support Abbotsford at large are encouraged to create a fund under the umbrella of the Smart and Caring Community Fund where the income from their named fund will be added to the income from this fund. In this way the donor is assured that the income is being used for the community’s priority needs.
For more information on our current area of focus please see the Smart and Caring Community Campaign.
ACF Housing Fund
Homelessness continues to be an important issue in Abbotsford. The ACF Housing Fund was established to provide support to organizations who provide meaningful assistance to the homeless in our community.
ACF Student Awards Fund
The Abbotsford Community Foundation also gives out our own scholarships to graduating high school students. In addition to good academic performance and financial need, ACF is also looking to support students who have given back to their community.
Flow Through Student Awards
If you are interested in funding an annual student award by providing the award amount each year you can do so if you can commit to doing this for a minimum of three years. The minimum award amount is $1,000. A 15% fee is charged to administer this service on your behalf.