Endowment Funding
The United Way Endowment Fund supports the Poverty Reduction mandate of the United Way Sault Ste. Marie & Algoma District.
Our Commitment
The Fund is committed to provide funding from our investment income to strategies and programs that reduce the impact of low income on the health and well-being of individuals and families in our community.
When you make a donation to the United Way Endowment Fund, the money is invested and the principal is preserved. Only the income earned is used to support essential services and programs, ensuring your gift will benefit future generations.
Funding is received in two ways...
Designated Funds:
as prescribed by Donor
General Donations:
as clearly defined by the mandate of the fund for community wide benefit so that prospective donors can know where the income from their donations will be spent.
Leaving a Legacy
The Fund is an excellent way to achieve your personal charitable objectives, while making a sound investment into what benefits you and your family today and will serve the community in the future.
A Living Legacy
When you make a gift to the Fund, the capital remains intact. Only the net investment income earned is used, thus perpetuating your gift to provide help and hope to people in need for generations. Assets of the fund are professionally managed and are invested to achieve a balance between long-term security of capital, asset growth and a level of annual income that will allow for funding of worthwhile community programs and services.
Making a Planned Gift
You can invest in a specific area through a Donor Designated Fund or make a general donation as defined by the mandate of the fund for community wide benefit by:
This information is general in nature and does not constitute legal or financial advice. United Way Sault Ste. Marie and Algoma District encourages you to seek professional legal, estate planning and or/financial advice before deciding upon your course of action.
For more information about the making a Living Legacy or Planned Gift through the United Way Sault Ste. Marie and Algoma District Community Endowment Fund contact:
Become a Member
United Way Sault Ste. Marie & Algoma District Membership
A new membership structure was approved at United Way’s Annual General Meeting (AGM) in September 2016, as part of our efforts to better involve, reflect and serve our community. Under the amended by-law, membership is available to individuals who support the purposes of United Way and who have applied for and have been admitted into membership in accordance with United Way’s operating policies.
For more details please click on the appropriate link provided below
BN/Registration Number: 10816 0300 RR0001