What is an endowment?
An endowment is a permanent fund held by the CNIB Foundation where a portion of the interest generated goes to supporting our vital work in perpetuity.
How much money would I need to designate for an endowment?
For named endowments, there are two minimum total contribution levels:
- $100,000 for a named endowment that allows you to specify the CNIB Foundation programs your contribution supports
- $10,000 for a named endowment that does not allow you to specify the programs and services you’ll support
If you prefer more flexibility, contributing any amount that will be invested in one of the CNIB Foundation's endowment programs. Contact us to learn more about current CNIB Foundation endowment options.
How do I make an endowment to the CNIB Foundation?
Contact us and we’ll work with you to set up your endowment and answer your questions. Contact Ruth D'Souza at 1-800-563-2642 ext. 7006 or firstname.lastname@example.org.
Please note: It’s always best to consult your lawyer or financial advisor before making an endowment.
Will I receive a tax receipt for my endowment?
You’ll receive an immediate tax receipt as soon as you make your endowment.