The Victoria Fund (Unrestricted)

Designated Funds are established by donors to support specific charitable organizations in perpetuity.

Field of Interest Funds support a specific field of interest, such as the arts, education, health, children or the environment.

Scholarship Funds are designated funds established in the name of the donor, or in honour of someone else, to help students receive education or training that might not otherwise be accessible to them.

Donor-Advised Funds provide donors with the opportunity to be actively involved with staff and board in selecting recipient charitable organizations. A donor-advised fund is considered the most effective alternative to the creation of a private foundation.

Memorial Funds may be established to honour a family member or a colleague. A pledge to top up the contributions to the $10,000 minimum is required.

Hosted Organization (Endowment) Funds fulfill the crucial role of assisting charitable organizations to accumulate endowments that can then generate operating funds and provide a sense of continuity and security. Donors are assured that their gifts will be held in perpetuity, while the annual distributions provide on-going support to the charities. View a current list of Victoria Foundation Hosted Organization Funds.

Pass-through Funds enable a donor to make a contribution and provide advice on the subsequent disbursement to charitable organizations within the following twelve month period. This permits an immediate response to a specific cause. You and your favourite charities benefit from a pass through fund in the following ways:

• there is only one charitable receipt to be filed with the income tax return
• if the gift is in the form of equities, it is easier for the Victoria Foundation to sell a large block than it would be for small agencies to handle individual shares
• it permits an immediate response to a specific cause
• alternatively, a gift may be delayed in the case of a capital campaign
• anonymity can be assured if indicated

Corporate Funds can be established when a business or corporation wants to send a message to the community about its support and encourage philanthropy among its employees.

Victoria Foundation Administration Fund helps to underwrite the Foundation’s operating costs.