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EmailEndowment Funds & Covenant Funds
The Benefits of Endowment Funds
Endowment funds at Baycrest provide financial stability for important programs and services - now and for the future.
We depend on donors like you to enrich the lives of our seniors. Without the ongoing support of our Family of Fundholders, Baycrest would not be the world-renowned facility it is today.
Your Endowment Fund, named in honour of a loved one, lasts forever. The amount you donate to your fund is invested carefully. Each year, earnings generated by your investment are used to provide crucial dollars that support important programs and services.
By establishing an Endowment Fund with a minimum contribution of $10,000, you can support a program or service of your choice within the areas of Care, Research or Education at Baycrest.
Tax receipts are issued for all donations to Endowment Funds.
The Benefits of Covenant Funds
Like an Endowment Fund, a Covenant Fund can also be named to honour or memorialize beloved family members. The name of your Covenant Fund lasts forever at Baycrest. Created with a minimum donation of $1,000 or more, the capital of each fund is carefully invested while earned interest is designated to support important services in Care, Research, Education or wherever it's needed most; the choice is yours!
Want to know more?
For more information, please call Lyn Ben-Dat by phone at 416-785-2500, extension 3409, or by e-mail Lyn Ben-Dat.