Cranbrook & District Community Foundation

What is a Community Foundation?

According to Community Foundations of Canada,

Community foundations are locally-run public foundations that build and manage endowment funds to support charitable activities in their area.

Each community foundation is autonomous and governed by a volunteer board of local leaders. These foundations combine three main roles:

1. Endowment Building/Donor Service
2. Grantmaking
3. Community Convening & Leadership

To be eligible for membership in Community Foundations of Canada, a foundation must meet the following criteria:

1. be officially registered as a tax- exempt Public Foundation, and, as such, have a charitable registration number.
2. have a volunteer governing body which strives to be representative of the community it serves.
3. operate primarily as a grant-making institution and not generally as a direct provider of charitable services.
4. focuses its activities within a defined geographic area.
5. provide a variety of opportunities for donors.
6. maintain a broad grants program to multiple grantees that is neither limited to one field or one segment of the population.
7. be primarily structured as a permanent collection of funds and has a long-term goal to increase its assets held as permanent unrestricted endowment.

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801B Baker Street, Cranbrook,
British Columbia,
Canada V1C 1A3
(250) 426-1119

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