Here is some important information and key considerations to help you get started: ​​​​​​​​​​

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YOUR FUND'S PURPOSE

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We will work together to determine how your fund will be distributed each year, including eligibility criteria, term length, and the fund’s purpose. To begin this process, you will enter into a Fund Agreement with the Yukon Foundation. 

 

A Fund Agreement outlines how the annual income from your fund will be distributed. You can choose one or several ways to give each year. Here are some options:

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Designated Recipient

The Yukon Foundation can direct annual awards to designated recipients, in accordance with Canada Revenue Agency regulations. For example, awards can be made to your favourite Yukon charity or a selected Yukon organization.

Project Grants

Project grants support specific projects led by organizations. Organizations apply for funding through an application process. A fund can specify what types of projects are eligible for funding.

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Student Awards

Scholarships and other student awards are offered each year. Applications are open annually from April 15 to May 31 through an online portal, followed by an evaluation process.

A fund can specify eligibility requirements for student applicants, such as:

• field of study

• financial need

• community service

• connection to a specific organization or region

Funds can also support both project grants and student awards.

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Community Impact

The Yukon Foundation is currently developing a process that will allow a fund’s annual income to be directed toward a specific field of interest that benefits the community, such as:

• climate change adaptation

• mental health

• housing

Each year, funds would be distributed according to the most pressing needs in the community.

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YOUR FUND'S TERM LENGTH

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Long-term Funds
 

The Yukon Foundation specializes in managing funds that provide gifts over the long term. The initial donation is endowed with the Foundation, and the earnings from the fund are distributed each year according to the terms outlined in the Fund Agreement.

A minimum donation of $10,000 is required to establish a segregated fund. If your initial donation is lower than this threshold, we can create a start-up fund that grows through additional contributions over time.

Short-term Funds
 

The Yukon Foundation also manages short-term funds. With this option, the donor commits to providing an annual award amount, and the Foundation receives and distributes the funds within the same year.

Another option is a spend-down fund, where the donor contributes the full amount upfront to support awards over a defined multi-year period.

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YOUR INVOLVEMENT

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​Donor Advised Funds

Donors may act as the Fund Advisor or designate another individual for this role. The Fund Advisor can assist with reviewing applications and making recommendations, allowing the donor to remain actively involved in directing support toward the initiatives they care about most.

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NAMING YOUR FUND

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​Every fund has a story. What will yours be called?

Many donors choose a name that reflects what is most meaningful to them. Your fund could honour your family, recognize a loved one, highlight your organization, or reflect the cause you wish to support.

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NEXT STEPS

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Click START HERE below to complete our Create a Legacy contact form. A member of the Yukon Foundation team will follow up with you to schedule a conversation and walk you through the process of establishing your fund.

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If you have any questions or would like some guidance during this process,

please contact us directly at:

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E: support@yukonfoundation.com

P: (867) 393-2454​​​​​

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