Organizational Funds

Charitable Organization Funds

The JCFC is proud to work in partnership with community agencies, congregations, and charitable organizations to build their financial strength. In partnering with JCFC organizations invest, manage and build funds, investing in their future, growing assets and building a solid financial base.

The JCFC hosts both organizational custodial and permanent endowment funds and is available to assist charitable organizations in fund development.

Why establish a custodial fund at JCFC?


Funds managed by the Foundation are invested to: 1) ensure safety of capital over the long-term, 2) earn sufficient investment returns to meet disbursement requirements and 3) preserve the purchasing power of the Foundation’s endowments over the long-term. Funds are pooled and professionally managed according to the JCFC Investment Policy Statement under the oversight of our Board and our Investment Committee, comprised of volunteers with expertise in investments, finance, law, and real estate. The current managers of the JCFC funds are Fiera Capital Corporation and Mawer Investment Management Ltd, two of Canada’s premier investment managers.

Investing your funds with JCFC gives your organization access to an expertly managed portfolio designed to consistently deliver solid returns. Pooling of funds gives the capacity to diversify investments and reduce management fees, increasing returns and reducing risk.

Ease of administration and relatively low fees. There are cost savings in having your organization’s funds managed by the JCFC, both in administrative time and in management fees. Quarterly fund statements, record keeping, cheque-writing, and regular communication are included in the annual administrative fee. Fees vary according to the nature and size of the fund, please contact the JCFC office for detailed information.

Ability to accept all kinds of gifts. The JCFC has the capacity to handle gifts of cash, stocks, bonds, insurance, real estate, art, antiques and other non-standard gifts. See our Gift Acceptance Policy for additional information.

Resources: Placing your custodial or permanent endowment fund with the JCFC gives your organization access to a local community foundation with resources, experience and an excellent reputation for donor stewardship, grant-making and community leadership. As well as helping agencies manage funds, JCFC can assist in fund development, helping agencies target specific audiences whom they want to reach, train their leadership in gift planning, and provide materials and information that can be used to reach donors and potential donors. The Foundation is also available to help agencies develop and deliver educational presentations to constituents, as well as assisting in one-on-one solicitations.

Is a Custodial Fund at JCFC right for your organization?

A Custodial Fund is owned by the organization and can be withdrawn at any time (subject to notice periods). The purpose of establishing a custodial fund is to benefit from the JCFC’s investment expertise and management capacity. This type of fund is designed to meet organizations’ needs for the investment management of reserve funds and self-administered endowment funds.

  • Size and/or resources can constrain investment opportunities. Participation in the pooled fund is an opportunity to pursue improved investment opportunities and to minimize costs.
  • All fund holders and organizations investing in our pooled funds earn identical total time-weighted returns.
  • Investment counsel and administration fees are paid directly by the pool and allocated to all funds.
  • Liquidity considerations: the total investment pool is valued on a quarterly basis. There is no extra charge for cheque writing, and funds held at the JCFC can be withdrawn without penalty or extra charge (subject to notice periods).

The JCFC is committed to providing personalized service to charitable organizations and partnering with them to build their financial strength and support their long-term capacity for the benefit of the programs and people they serve.