Give YXE

Record Number of Funding Requests

Saskatoon Community Foundation received a record number of funding requests in 2019, the highest in its 49 year history. Eighty requests were received in 2019, compared to 69 in 2018 and 53 in 2017. This year, the Foundation will need to turn down as many requests as it received in 2017.

“A tight economy, rising costs, increasing needs, and reduced government funding opportunities play a role in this troubling situation,” noted Curtis Kimpton, Saskatoon Community Foundation Grants Committee Chair. “Ultimately, though, the result is that many worthy charities will not receive funding they need to deliver needed programs and services.”

Carm Michalenko Executive Director urges “the business sector and private citizens alike to contribute to making our community healthier and prosperous for all.”

 

The Give YXE Fund is an easy way for individuals and companies to donate directly and instantly receive a charitable tax receipt. Donors have a choice. Contributions to this fund can go toward building the permanent endowment for our Quality of Life Granting program, or to fund projects now.

Donors can participate in the pool of funds which will grant through the Quality of Life Grants Program to immediate pressing needs in the community.

Donors can establish personalized “Give Forever” funds (permanently endowed funds) to grant to causes that matter most to them. Donors can direct the income from their funds to the Quality of Life Grants Program. Donor gifts are invested, and grants are drawn from the income earned on the fund. As per CRA regulations, endowed funds grant 3.5% of their capital value per year. Smaller gifts become part of the Give YXE Fund. Grants from this fund support Quality of Life grants.

In 2018 the Quality of Life Grant program disbursed $301,776 to support 22 organizations.

Quality of Life Grants is the Saskatoon Community Foundation’s core grants program.  The funds are collectively built by donor funds which grant to various fields of interest, as well as the many funds donors have given the Foundation unrestricted to respond to the emerging needs of the community.

Be the difference you want to see in YXE.

Many Voices Together

A celebration of the 2018 grant recipients from the Quality of Life and Community Fund for Reconciliation.
Saskatoon Community Foundation’s donors, grant recipients, board and staff came together to celebrate the 2018 grants: 22 Quality of Life Grants and the first eight grants from the Community Fund for Reconciliation!

Video: Campfire Stories