Endowment Funds

A named endowment fund is an excellent way to ensure your gift continues to support the Foundation over time.

Named Endowed Funds

These are not spent at the time the gift is made. The donation is invested and a portion of the investment income (3.5%) is disbursed annually to support current and new initiatives. This steady income allows for long-term strategic planning to meet the needs of the community. The balance of the income is re-invested to protect the fund against inflation.

A minimum contribution of $15,000 is required to establish a named fund in your name or as a tribute. This gift can be made today, or you may consider leaving a gift in your will.

Emerging Endowment Fund

Another option is to create an “emerging” endowment fund. You can start a named endowment fund with a gift of $1,500 in the current year and pledge to make annual gifts over the next 10 years (a total of $15,000), with no disbursements from the fund, until it reaches the minimum contribution value for a named fund.

Our Goal

The Mental Health Foundation’s goal is to raise $5 million in endowment gifts over the next 10 years, which will provide steadily increasing annual income starting at $175,000 per year.

Current Endowment Funds

  • Lillian Simonet
  • Lindsay Kelly Fund
  • Cottonwood Rehabilitation
  • Easton Memorial
  • Theirman Construction
  • Mental Health Foundation Fund (at the Edmonton Community Foundation)

Reach out to our team to discuss your donation options today.