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|Our Partner: About The Simcoe Foundation
The Simcoe Foundation is a community trust which receives and manages capital, the interest from which is used to support a range of charitable activities to enhance the quality of life in the Simcoe area.
The Foundation was founded in 1986, establishing long-term support for the unique quality of life in the Simcoe area. Its board of nine directors is composed of volunteers from the community who serve three year terms. Administrative fees account for less than one percent of fund balance.
The Foundation is an agency serving in perpetuity to assist other groups in their diverse functions.
Most donors leave the decision as to investment and use of income to the Foundation's directors; however, a donor can restrict use to a specific purpose.
An independent grants committee meets regularly to consider all applications. Final decision on all applications is made by the board of the Foundation. Applications for grants may be made at any time.
Donations, big or small, can be made periodically, as well as provided for in wills, or by designation of life insurance policies.
Donors are noted in our annual report. Donations are Canadian income tax deductible. The Foundation's charitable registration number is 119259794RR001.
In addition to the general fund, the Foundation also has specific funds which include: