Our Fund Types

Student Award Funds are set up to enable the making of scholarships or bursaries to enable a student to pursue his or her education. The donor can stipulate the criteria, educational institution and/or preferred field of study of the recipient. Grants are directed to and administered by the qualified donee, typically the educational institution.

Field of Interest Funds work much like our Community Funds, except that donors identify a particular area of interest that they would like to direct their support. Some examples include the arts, heritage, environment, health, seniors, children and youth, recreation or education. With these funds, you define the area of interest but empower the Foundation’s Grantmaking Committee to select worthwhile projects to support.

A donation to our Operating Endowment Fund helps to cover the costs of running BC Interior Community Foundation. This fund is critical to the ongoing success of our organization.

Explore Operating Endowment Funds

Charitable Organization Endowment Funds are set up and administered by the Foundation on behalf of other registered charities. This allows the recipient charity the freedom from investment responsibility and gives donors the confidence of knowing that a permanent foundation is in place to professionally administer the charity’s endowment. Once established, the charity can encourage their donors to contribute to their endowment fund.

A Donor-Advised Fund enables you to have ongoing participation in the selection of charities that will benefit from your gift. Donors may choose this type of fund instead of creating a family trust or private foundation.

A Designated Fund gives you the opportunity to specify, at the time the fund is established, which particular charity or charities you would like to support in perpetuity. If the organization(s) ceases to exist, the grant(s) can be redirected to a similar cause.