FAQs - For Donors

Last Updated (Tuesday, 07 April 2009 14:40) Monday, 05 January 2009 16:41

Q. What is an endowment?

A. An endowment means the original gift is permanently invested and the income then provides ongoing support to charities forever.

Q. How much money do I need to have to establish a fund?

A. Through a process called “emerging funds,” many donors build their funds over 10 years, even gifting small amounts monthly to get to a minimum threshold of $10,000.

Q. Are these just memorial funds?

A. No, many families and individuals set up funds to do their charitable giving throughout their lives.

Q. Do I, as a donor, get to decide where the income from my fund goes?

A. We welcome our donors to give advice on how their gift can make difference in the community and reflect their priorities.

For more information:

• E-mail: donorservices@ecfoundation.org
• Phone: (780) 426-0015 or toll free at 1-866-626-0015

Return to For Donors