Memorial Funds
Memorial Funds are a way to honour and celebrate the memory of your loved one, by carrying on their spirit through charitable giving. The legacy you create will also provide friends and family with an opportunity for tribute, while helping our community for generations to come.
How it Works
Donations to a Memorial Fund at Nanaimo Foundation are invested as a permanent endowment. The income generated from the investment is granted annually in perpetuity to community projects in your loved one’s name.
Charitable giving is a distinctly personal choice. You may designate ongoing support to a favourite charity or you can make granting decisions on a year-to-year basis. The Nanaimo Foundation is here to offer guidance and flexibility, to help you meet your legacy vision.
Setting up a Memorial Fund
A Memorial Fund can be established and ready to take donations in just a day or two. We provide a personalized memorial web page for online donations and we will send our thanks to all supporters with our charitable tax receipt.
Setting up a Memorial Fund requires a minimum $1,000 donation. Granting to the community begins when contributions reach $10,000. If this is not met within ten years, the Memorial Fund will be designated towards a general area of charitable cause that best reflects your loved one’s interests.
We offer our condolences, and would be honoured to help you carry out your legacy vision.