Benefits to donors:
The Community Foundation of Newfoundland and Labrador can serve as a ‘philanthropic partner’ for people who wish to establish a permanent, yet flexible, method to fund current and future charitable gifts.
- A Lasting Legacy: your gift can last as long as you wish or in perpetuity
- Flexibility: a wide variety of giving options are available to help meet your charitable goals
- Support What Matters Most to You: our foundation supports a wide range of charities, so you can direct your support to the causes that interest you the most
- Maximum Value: funds are professionally invested for maximum yields
- Maximum Impact: we know the community, its organizations, needs and opportunities; we can help your gift make a real difference
- Tax Advantages: donors reap the tax rewards available to public foundations like ours, such as the beneficial treatment of gifts of appreciated securities
- Accountability: CFNL is governed by a volunteer board of directors, comprised of well-known community leaders from Newfoundland and Labrador
How you can help:
We welcome gifts of all sizes. Gifts can include cash, real estate, stock, artwork and insurance. Donors can choose to support the foundation broadly or designate a favourite cause or charity.
Flexibility is key. We will work with you to address your specific interests and tailor a program that suits your immediate and long-term goals.
Many charities also place their endowment funds with community foundations in order to benefit from greater returns on their investments.
Part of a growing movement:
Newfoundland and Labrador is joining one of Canada’s fastest growing charitable networks. We are among more than 140 community foundations located across the country.
Together these foundations hold more than $1.8 billion in combined assets. By 2004, Canadian community foundations provided $95 million in grants to support local priorities.
Our foundation is also linked to others through Community Foundations of Canada, a national network that supports the country’s community foundations.