Fund Reference Material
We invite you to review information by clicking on the document cover above. A PDF version will download.
Want to set up a fund?
Step one – identify if a community investment fund (CIF) or a permanent capital fund (PCF) will best serve your purpose. The CIF is sometimes known as “flow through” fund, where you may donate a larger amount to it, then make a series of disbursements through out the year. The PCF is a “legacy” fund where the donated “capital” is preserved, and income from the fund is disbursed (minimum 3.5% annually).
Step two – complete an application form which details the fund purpose, who can provide instruction, etc.
Step three – a deed of gift is prepared and signed by the donor(s) and OCUF.
Questions?
At any time, we welcome you to contact us so we can answer any questions you may have. We are happy to walk you through the application process should you wish to establish a new fund. Income tax receipts are available for all eligible gifts (donations) to Ontario Credit Union Foundation.