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Endowments
How it works:
- You make a gift of cash, stocks, bonds or mutual funds to the Canadian Diabetes Association.
- You receive a tax receipt for the full amount of your gift.
- Your donation is added to the endowment fund, which holds an accumulation of donations from other endowment fund donors.
- The endowment fund is invested under the direction of the Canadian Diabetes Association’s investment policy.
- Each year, a specific percentage of the income earned on the fund is used to support diabetes research. The balance of the income earned is reinvested.
- The original amount of your gift is never spent – only the income earned is used.
- Your gift is a lasting legacy that will generate income for the Association in perpetuity.
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For more information, contact Lori Sussman, Manager, Planned Giving, at 416-408-7121