There are numerous ways in which you can leave a lasting legacy
Make a donation. Anyone can give, in any amount. All donations are tax-receiptable. Gifts of cash, securities or other assets.
Establish an endowment fund and your gift will give year after year, because your donation is invested as a permanent endowment and is managed professionally. Investment earnings are awarded as grants to charities in our community.There are many ways to make a contribution:
Sponsorships to help us keep our administrative and operational costs down
Corporate giving: Establish a corporate giving program. A business may find it advantageous to use the Foundation as a vehicle for its community giving by establishing its own Named Fund.
Wills and bequests Many Canadians dedicate themselves to a worthy cause throughout their lives. A legacy gift allows you to make a significant contribution beyond what you might think possible, without impacting your current financial situation or your loved ones' inheritance. Even a small portion of your estate can make a lasting impact on future generations through Olive Tree Foundation.
Funds
Community Funds
This is an open, non-designated fund, where the income is used to support worthy projects in the community. This fund is designed for flexibility and impact, based on changing community needs and emerging opportunities. The Community Fund grows through your generosity as well through undesignated donations to the Foundation, all of which are added to this fund. The bigger the Community Fund, the better the opportunity to serve the best interests of our community.
Field of Interest Funds
This type of fund may be named for an individual, such as a memorial to a loved one, and designated for a specific purpose such as think tanks or library services. Grants are disbursed in accordance with the priorities of the Foundation within the specific field of interest [agreed upon with the donor at time of the establishment of the fund]. A minimum donation of $25,000 is required to establish such a fund. Field-of-Interest which can be grown over the years by further donations.
Donor Advised Funds
Donor Advised Funds are a specific type of endowment fund, which allow the donor to have ongoing participation in the grant-making process. That is, the Foundation does seek the advice of the donor in determining how to distribute the income of the Fund. A Donor Advised Fund can be established with a minimum contribution of $50,000.
Flow Through Funds
Flow-Through Funds (or General Funds) are donations that are not invested - that is, they do not become part of a permanent endowment fund like the Community Funds, Field of Interest Funds or Donor Advised Funds. These donations must be disbursed to qualified donees as. grants or they may be used for the Foundation's operating expenses.