The Abbotsford Community Foundation is not currently holding any managed funds for charities. Recent changes in CRA and Securities legislation has created the need to review our 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 programming or capital needs and invest those funds exactly as the Foundation invests its endowment funds. Managed funds would not be 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. If you are interested in establishing a Managed Fund, please contact Wendy Neufeld, ED at wendyneufeld@abbotsfordcf.org to enquire.
