Non-profit agencies can set up their own endowment fund as a way to ensure a consistent stream of income that can be used to support their charitable and other goals.
Currently, the Nanaimo Foundation administers the funds of four agencies in Nanaimo. We are available to help your organization as well.
By placing your agency’s endowment fund with the Nanaimo Foundation, you benefit from the substantial experience and knowledge of our financial and development staff. They can offer advice and guidance on everything from what financial tools can be used to set up the endowment, to ideas for marketing your endowment.
As well, through the Nanaimo Foundation, we can help link your agency to other funds, partnerships, or opportunities that may help achieve your charitable goals.
For more information on Agency Endowment Funds please contact:
Board Chair, Nanaimo Foundation
Email: [email protected]
Agency Funds Managed by the Nanaimo Foundation
Nanaimo Association for Community Living Fund
Established in 2016, the NACL Fund supports a person-centered approach in helping individuals with developmental disabilities reach their full potential.
Nanaimo Conservatory of Music Fund
Established in 2015, in part from a bequest from the estate of David Livingston, to provide ongoing support to foster excellence in the performing arts in the Central Vancouver Island Region. This fund includes the Joie de Vivre Scholarship which awards $100 each year to a student of the Conservatory who shows significant promise and joie de vivre in their approach to their studies. Monies generated from this fund will support the operations of the Conservatory and bursaries for students in need of financial assistance.
Nanaimo Museum Endowment Fund
Thanks to the generosity of a special Nanaimo woman, the Nanaimo Museum established an Endowment Fund in 2008. The Museum uses the interest off this fund towards the yearly development costs.
Nanaimo Travellers Lodge Endowment Fund
A planned gift to Nanaimo Travellers Lodge shows both generosity and foresight. Help leave a legacy of compassionate dementia care by considering a gift for the future.
The Port Theatre Endowment Fund
The Port Theatre Society Endowment Fund has grown to more than $1.3M and is now managed by the Nanaimo Community Foundation. $1 from every ticket sold is added to this Fund each year.
Vancouver Island Symphony Endowment Fund
Thanks to the generosity of a special Nanaimo woman, the Vancouver Island Symphony established an Endowment Fund in 2016. The VI Symphony Fund helps keep music LIVE on Vancouver Island.
As part of our low administrative fee, we provide a number of services to your agency when it establishes an endowment fund with the Nanaimo Foundation:
- Process donations to your fund received through the mail, on-line or through securities.
- Issue tax receipts directly to donors .
- Disburse your income annually or quarterly depending on your agency’s wishes.
- Offer advice on gifts of securities, planned gifts, marketing and growing your endowment