Giving as an Organization or Company
Why Give with South Saskatchewan Community Foundation?
As an organization, there are a variety of ways how donations and philanthropy can enrich not only the communities around you, but the employees and culture of your own business and brand.
Corporate donations are a fantastic way to support charitable causes that matter to your company and your community.
Social corporate responsibility can lead to a boost in employee morale and give employees a sense of purpose and community within their role at your organization. It is a great way to improve workplace culture and a positive attitude.
Corporate giving is a great way to support charitable causes while also increasing marketing and brand awareness in a way that resonates with your communities.
It’s Good for Your Community
Donations to charitable causes simply help better your community and the public will take notice when your company is making a positive impact. Your organization’s donations could help improve education, the environment, mental health, physical health, youth development, or any cause that you’re passionate about. The opportunities are endless.
Knight Archer Insurance’s
Commitment to Community
“We currently plan to contribute $25,000 to our endowed Fund each year so that it can continue to grow and provide stable funding to the charities we support. We are also using these Funds to create the Gloria Archer Legacy Scholarship to support students going into our industry and to celebrate diverse cultures.”
– Tracy Archer, Knight Archer Insurance President & CEO
MNP Community Fund's Support Throughout COVID-19
The MNP Community Fund was established at SSCF in 2017 by MNP partners based in Regina, Estevan and Weyburn to support community programs and initiatives in those communities.
In 2020, the Fund prioritized sending aid to those impacted by COVID-19 in the communities they support. As a result, a total of $52,500 was distributed towards the Regina & District Food Bank ($35,000), the Salvation Army Weyburn Food Bank ($7,500), and the Salvation Army Estevan Food Bank ($10,000). This one-time disbursement helped get food into the hands of those who needed it urgently.
Endowment and Non-Endowment Funds
Endowment Fund – The Forever Fund
An Endowment or “Forever” Fund is made up of one or many monetary gifts from a single donor or a group. The gifts are pooled and permanently invested with all of SSCF’s assets for long-term growth. The Board of Directors at SSCF set the disbursement amounts based on overall investment growth. Above the capital investment, there is yearly earned income. The annual earned income provides a source of revenue to be used for a charitable purpose. This type of Fund is permanent charitable giving that grows and generates income over time, enabling grants to be given now…and forever. You can review our Annual Report on the various Endowed Funds at SSCF.
Donors benefit from financial investment expertise and oversight, lower investment fees, board oversight, staff support, website presence, ease of administering and accepting cash and non-cash gifts and the opportunity to give back more than your original gift to the charitable activities you care about.
This type of Fund can be created after an Endowment Fund is created and operationalized. This type of non-permanent Fund provides the freedom for donors to donate cash and non-cash gifts into the Fund. SSCF staff can work with donors on their type of gifts. SSCF can provide a charitable receipt for their donation. With approval of the SSCF Board of Directors, the Fund Advisor can grant at any time as much as is available (less investment and administration fees) to their Agency or another charity as needed, i.e. programming grants or operations. This is not a legacy fund. It doesn’t have the same disbursement restrictions on the full amount of the balance and can be directed back to the agency at any time requested by the agency.
Unlike the Endowed Fund, the Non-Endowed has no principal balance that must remain in the Fund. Any portion of a Non-Endowed can be moved to an Endowed Fund at SSCF at any time. The Non-Endowed Funds are pooled with other assets. Non-Endowed Funds may receive the same benefits of reduced investment and administration fees as Endowed Funds, if they are pooled for the required amount of time.