Agency Funds

Many registered charitable organizations have decided to establish Agency Endowment Funds or Managed Funds at The Community Foundation for Kingston & Area. Agency and Managed Funds provide non-profit organizations with ensured long-term financial stability. Entrusted to the Community Foundation, they benefit from the Foundation's investment expertise. Generally, Agency Funds are established by the organization itself with a larger gift, and donations of any size are welcomed after the initial investment. Most organizations then direct donors who are interested in supporting the organization long-term to the Foundation, where they may make a donation. Charitable receipts for these donations are issued by the Foundation. With most funds, the return the Agency Fund generates is distributed on a yearly basis to be used by the organization. These funds are typically unrestricted.

Benefits to the Charitable Organization  

Proven and Professional Administration of Funds

The Community Foundation provides proven, accredited professional administration and management of Agency Funds. Our Investment Committee, Investment Manager and Foundation staff ensure that funds are handled diligently to ensure maximum profitability.  

Donor Relations & Stewardship

Organizations take advantage of the Community Foundation's outstanding donor services. Funds can be established to accept additional donations of any size from donors, and organizations appreciate the Foundation's ability to handle other complicated philanthropic transactions, such as gifts of life insurance, bequests, etc.  

Low-Cost Fund Management

Agency Funds at the Foundation can save organizations thousands of dollars a year in bookkeeping, investment manager and donor relation staff time. A very small administrative fee is deducted by the Foundation off of the return, standard practice among community foundations for high quality investment management.

Reputation & Renown

Organizations with Agency Funds at the Foundation enjoy the reputation of Kingston's award-winning Community Foundation and the renown of our donor services, community relations and professional advisor connections.

Establishing an Agency Fund

Interested in the benefits an Agency Fund at the Foundation offers? Please call the Foundation office at 613.546.9696 or email vikram@cfka.org to set-up a meeting with Executive Director Vikram Varma to discuss the opportunity.