THE PAACF DONOR
- What do I Donate to?
- How much do I Donate?
- What does PAACF do with my Donation?
WHAT DO I DONATE TO?
Community Fund - Legacy Fund
Your donation, if not designated, is used to respond to the changing needs of Prince Albert and Area.
What is legacy funding?
A legacy fund is a means by which an individual can use a donor advised fund to support the charitable causes that are important to them by planning now but having the charitable donation not take effect until their death.
Family Fund
Families or individuals can make a lasting contribution to the community which carries YOUR Family Name in perpetuity.
Ex - The Gustafson Family Fund within SHARE (above)
Agency Endowment Fund
A Charitable organization creates an endowment fund within the PAACF to which supporters may contribute. The Income earned by the Fund is paid to the Charity.
Designated Fund
You specify one or more charitable organizations as the perpetual beneficiaries of the annual income your donation earns.
Donor Advised Fund
Donor Advised Fund
You decide how you want the annual income earned from your donation to be used and advise the Foundation on the selection of recipients on a year-to-year basis.
Scholarship Funds
Donor Advised Fund
A Fund in your name or a loved one can provide student scholarships. A community foundation helps you define the scholarship criteria, handles all administrative details, and awards scholarships to deserving students in the name of the Fund you establish.
How Much do I Donate?
Gift of Money
In a lump sum or through regular contributions.
Bequest
Your will states a Bequest to the Foundation
Life Insurance
The Foundation is named as a Beneficiary in your Life Insurance
In Memoriam
You make a gift to the Foundation in memory of a Friend or Relative
Family Fund
A gift is made to the Foundation in the name of you or your Family
Pledge
You make a Pledge to the Foundation to donate a certain amount each year for the cause you chose