2023-2024 Annual Report_UWWRC - Flipbook - Page 23
Endowment Funds
United Way WRC has established endowment funds with the Waterloo Region
Community Foundation. Endowment funds provide a consistent revenue source
because the original gift is never spent - it remains intact as a legacy forever, a
reminder of your gift to the community. Annually United Way WRC invests the
disbursements from each fund to align with the intent of that fund.
The Forever Fund
Forever Fund grants, generated by an endowment fund, are used to support
programs and initiatives within Waterloo Region. Grants are available in the
following two investment streams:
Innovative
Initiatives for
Seniors at Risk
$21,000
Children & Families
Mental Health
$15,100
Capacity Building
$127,200
$11,000
$10,000
$100
$10,000
$5,100
$127,200 was used to support
United Way WRC capacity
building (For example,
investing in modernization
and collaboration).
These crucial funds have been made possible through the generosity of donors who
have established an enduring legacy through United Way. If you’d like to learn more
about how you can contribute to the ongoing health of our community through a
legacy gift ,please contact us.
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2023/2024 Annual Report