Donors
Agency Funds
Today, more and more charitable organizations establish permanent endowment funds to contribute to their long-term sustainability. There are a number of frequently asked questions in the process of that decision.
Ten Most Frequently Asked Questions
Once a charity decides to establish an endowment, they look to their local community foundation as the vehicle of choice to hold and manage their endowment in perpetuity.
The benefits of using Hamilton Community Foundation to manage your company’s endowment:
- Capitalizing on the track record of HCF to gain and reinforce the confidence of donors. Since 1954, HCF has seen a record of solid investment performance.
- There’s a Finance and Investment Committee that recommends a financial investment policy to HCF’s Board of Directors.
- HCF’s professional money manager is monitored and evaluated by the Finance and Investment Committee, so that your donations and investments are maximized and doing the work for which they created.
- HCF’s Chief Financial Officer supports the work of the Finance and Investment Committee and oversees the day-to-day related operations.
- Establishing a fund with HCF helps achieve a greater return on investment over time due to the diversification and size of the portfolio.
Our investment results for the most recent year ended March 31st, are available in our Annual Report under "Highlights."
- Each year, income earned on the organization's fund is available to be used by the charity as it determines or is reinvested in the capital.
- Because the fund is held as a HCF fund, it will be publicized in Foundation materials and could attract new donors.
HCF offers its endowment program as a service to charitable organizations in this community. We can provide you with references from charities who have established permanent endowment funds with us. Call our Vice President of Development today at 905-523-5600.