Charities are increasingly seeking independence from uncertain grant funding. Creating an Agency Endowment, is a great way to build independence. And SurreyCares makes it easy, so all you do is collect your annual interest payment!
Establishing an Agency Endowment Fund at your community foundation is a simple and efficient way to build an independent income for your charitable organization. Our experienced staff can help you plan, and manage the administrative details.
How it works
Your board determines a long term sustainability goal for unrestricted funds to operate annually, or to undertake a programs.
You work with our knowledgeable staff to set up an Agency Endowmentfund agreement for your charity
The fund can be set up with as little as $10,000, which can be paid all at once, or over several years. Your fund can be added to at any time. Our online portal supports crowd funding initiatives that make fundraising campaigns fun.
Your organization receives regular statements on the fund.
We handle all of the financial management and administrative details.
A cheque is sent to you annually from earnings, according to your instructions.
Planning a future Capital Campaign? Want a high rate of return on your investment without the money management headache? Need access to your funds in 10 or 20 years? A Managed Fund may be your answer. Minimum investments are required. For charitable organizations only.
For more information or to discuss your needs please call us at 604-591-2699.
We currently hold endowment or managed funds for the following charitable organizations. Click on the link to learn how you can support their work:
Arts Council of Surrey Endowment: Supporting the performing, visual and literary arts in Surrey.
Surrey German School Endowment Fund: Supporting the activities of the Surrey German School.
Surrey Libraries: Inspiring people to build a better future through the power of knowledge. Surrey Libraries open doors to lifelong learning, information and ideas.
Surrey Art Gallery Association: Raises funds for Surrey Art Gallery’s exhibitions, publications, programs, and projects.
Friends of the Surrey Museum Fund: Admission to your museum has been generously sponsored by the Friends of the Surrey Museum & Archives Society through Endowment Fund income.
SurreyCares Operating Endowment Fund: A fund that was established for the purpose of supporting the operations of the Foundation.
The Surrey City Orchestra Society: The purpose of the Fund is to support organizations and programs within the community aimed at assisting those who work towards the purpose and vision of the Surrey City Orchestra Society. Additionally, to enhance the public’s appreciation of the arts by establishing and sustaining a professional orchestra that produces and performs live musical concerts; to advance education by providing orchestral music education for children and youth residing in the City of Surrey.