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The Winnipeg Foundation provides investment services and back office support to other Manitoba community foundations. A "managed fund" agreement creates an arrangement where certain assets owned by a Manitoba community foundation are invested into the consolidated trust fund of The Winnipeg Foundation in order to participate in a large diversified pool at relatively low cost. Some community foundations also take advantage of fund management services by segregating their assets into various "funds" for easy reporting and administration.
A support grant may be provided to those Manitoba Community Foundations that have established a "managed fund" at The Winnipeg Foundation as part of their investment strategy. The costs incurred will be divided into two categories; Part I shares costs for printing and a newspaper notice up to $500 following the formula attached; Part II applies to audit costs up to a further $1,000 maximum depending on value of assets. Therefore the maximum grant allowed under this program is $1,500.
Send application, with required documents, by September 30th to:
- The Winnipeg Foundation
1350 One Lombard Place
Winnipeg, MB R3B 0X3
