There is no exercise better for the heart than reaching down and lifting people up.
~ John Holmes
The Coquitlam Foundation is an example of the giving heart of Coquitlam – from both its business community and individual residents. There are examples of large, medium and small funds from donations across a wide range of Coquitlam’s population. These generous people also chose where they wished their funds to go, whether it was the environment, seniors, animals, children, arts or various scholarship or bursaries.
You can be a part of this generous community and join the giving heart of Coquitlam by setting up a permanent endowment. Unlike other donations, this donation creates a fund that gives to your specific cause every single year, year after year forever.
The Coquitlam Foundation accepts your donation and adds it to its growing endowment fund that is professionally managed with careful oversight by the Foundation board and guided by the Foundation’s conservative investment policy. Each year, your investment creates interest from the investment income and that is given to the charity you have identified or by the Foundation on your behalf.
The unique thing about the Coquitlam Foundation is that it has no programs to support like other charities. Rather, the Foundation is a charity that supports other charities. The more funds that are set up, the larger the diversity of charities we can support – year after year.
Your initial donation is never lost, rather, it generates an ongoing reward to the cause you have chosen.
When should you set up your fund?
There is no time like the present to start your fund. While some plan for the creation of a fund in their will as part of their estate, which is definitely an option, why not set one up now so you can witness the results of your generosity? Be a part of the charitable heart of Coquitlam now and see the difference you can make.
Either way you decide to give or when, we are here to help you. We can work with you now to set up that fund to start seeing your efforts in the community or we can help you establish one for the future in your will. You can even do both, set up the fund now and list that fund in your will to multiply the impact in the future. The choice is yours and we are available to answer your questions and help you start your philanthropic work.
How can we help?
The Coquitlam Foundation can help you establish a permanent fund to support the cause you have near and dear to your heat. Simply e-mail firstname.lastname@example.org. We will work with you to get you started.
You can also learn how to create a fund on the following link: Create a Fund and there are a couple different funds you should be aware of. To learn about the different funds that are possible click on the following: Types of Funds.
If you wish to see the impact of your donation our partners at Community Foundation of the South Okanagan and Similkameen have a donation calculator they have kinds allowed us to link to. There you will be able to estimate your giving potential with appreciated assets such as stocks, mutual funds and RRSPs/RRIFs.The Coquitlam Foundation can walk you through the best ways to give with pretax dollars to optimize your end of the year tax savings. Click on the link below and fill in the information on the left to see the illustration of the benefits of your gift to the Coquitlam Foundation on the right, in graph, chart, and report format (choose format by clicking icons in top right corner)
“See the Impact of Your Donation”