Build: Become A Community Investor
Making an Impact Starts With You.
We believe in facilitating local philanthropy, supporting local charities, and developing our community so that our home is a more vital, strong, and fair place to live, work, and play. At the Foundation, we believe that change starts with a single act of kindness, a spark of compassion, or a generous gesture. It’s about recognizing that together, we have the power to create a community that thrives, leaving no one behind.We offer a variety of flexible options to help you fulfill your charitable goals.
Legacy Giving
Download our Legacy Information Booklet and Free Legacy Planner Below.
Awarding hundreds of thousands of dollars annually, the Community Priorities Fund sustains our biggest granting program. Support from this program comes from community donations, beginning with the first gift to the Community Foundation received in 2019. Donors choose this fund as a way to allocate their gifts to support the needs of the day, as represented by applications for funding. This program supports a wide range of projects from communities throughout Westlock, Westlock County, and the Village of Clyde.
Can’t find exactly what you’re looking for?
The Community Foundation gratefully accepts gifts from anyone who wishes to support the community through our work.
You can make a donation to any of the Community Foundation’s endowment funds, and your gift will help maintain a consistent level of charitable support provided by that fund. Donations of $20 or more are eligible for a tax-deductible donation receipt.
You may also make a donation by contacting the Community Foundation office directly at 780-349-2212 or info@westlockfoundation.ca. We accept cash, cheque, or credit card. If you wish to send your donation by mail, please address it to our office: 102-10011 106 St., Westlock, AB T7P 2K3
Clicking the link will take you to WCF's donor portal on a new page.
Ways To Donate
Looking for different ways to donate?
The Possibilities are (almost) Endless!
Here are some common ways people give, even if you don't have cash.
Shares:
- Selling shares and gifting the cash means you pay capital gains tax on the proceeds of the sale. Gifting shares avoids paying capital gains tax which means the charity gets more money and you get a larger tax receipt.
Life Insurance:
- From a tax perspective, You'll receive a charitable tax receipt for the cash value of the policy and for any premiums you pay.
Real Estate:
- You will receive a charitable tax receipt for the full fair market value of the property. If gifted during your lifetime, the tax credits can be claimed in the year of the donation or can be carried forward to offset tax during the subsequent five years.
Endowment Fund Options
Endowment funds are permanently invested gifts that provide lasting support for charitable organizations in Westlock and the region.
Thinking about your legacy? The Community Foundation offers a simple, effective way to provide lasting support for the causes and organizations that are close to your heart. Consider an endowment fund for your charitable bank account. Through our professionally managed investment portfolio, your fund will generate income that you can use to award grants to the charity or charities working to advance the causes that are important to you.
Fund Types
How your endowment fund supports the causes and organizations that you are passionate about is entirely up to you. You can name your endowment fund anything you’d like—name it in tribute of a loved one, to honour someone special, or even name it after yourself.
- Donor-Advised Fund: You decide which charity or charities you want your fund to support on an annual basis, and the Community Foundation grants from your fund accordingly.
- Donor-Designated Fund: You choose which charity or charities you want to support when you establish your fund. Based on your wishes, the Community Foundation automatically grants annually to the charity or charities selected.
- Field of Interest Fund: When you establish your fund, you may choose an area of interest that you want to support—a specific age group, a geographical location, or an issue that is important to you. The Community Foundation will grant to organizations from the chosen field.
- Scholarship Fund: You choose the institution, criteria, subject, or type of student to support through the creation of an annual scholarship.
Our Guide to Giving can help you answer questions about how you can support the community through our work.
Download Here
Creating a fund with us is easier than you might think. We work with each donor individually to develop a giving strategy that meets their charitable goals.
Charity Funds
The Community Foundation is pleased to offer its services to not-for-profit organizations. Not-for-profit organizations may choose to establish a Charitable Endowment Fund or a Managed fund with us. Setting up a fund with us can be cost-effective, reduce administration, and can be an integral part of your sustainability plan.
Charity Funds are endowments that help to provide long-term financial support for a charitable organization. This type of fund can be established with a gift to the Community Foundation from a charity or a private donor, and enables any donor to make additional contributions to the fund. Charities in good standing receive an annual grant from the fund, providing a regular source of operational income to support the charity’s mission, mandate, or programming.
The day-to-day management and administration, coupled with the need to retain the services of lawyers, fund managers and accountants to administer a charitable endowment can be time consuming and costly for many organizations. Through the Community Foundation, it’s simple. You build the fund, we’ll do the rest!
How to get started
You can establish a Charity Support Fund for your favorite charity.
Creating a fund with us is easier than you might think. We work with donors of various means to develop a giving strategy that meets your charitable goals.
If you are a registered charity in good standing, Contact Us to discuss your fund options. You can also read our Endowment Building Toolkit to help you get started.
Donation Calculator
Use this tool to estimate the giving potential of a cash donation, or of a gift of appreciated assets, including stocks, mutual funds, and RRSPs/RRIFs.