A named endowment fund is a deeply personal statement about who you are and what you care about. It is a sign of your belief in L’Arche to help build a world of inclusion and belonging for people of all abilities. An endowment fund can be named in honour of a loved one, a family or family member, or a donor. Donations made to an endowment fund are invested for the long-term. Each year the endowment fund disburses a grant to support the mission of L’Arche Canada. Once established, a named endowment fund continues in perpetuity.
The purpose of an endowment fund at the L’Arche Canada Foundation is to support vital work that is essential to the mission of L’Arche, but that is rarely covered by public funding. Some examples of activities that endowment funds make possible are:
$50,000 is the minimum gift to establish a named endowment fund. The endowment agreement between the L’Arche Canada Foundation and the donor ensures that the fund you create will continue in perpetuity in the name you have chosen. Friends, colleagues and family members are welcome to make additional donations to a named endowment fund once established. Bequests to the L’Arche Canada Foundation may also be directed to a named endowment fund. The donor or designated family member or representative will receive an annual report that includes a financial update on the endowment fund.
We would be delighted to talk with you about starting a named endowment fund.