Financial Support Types
Donations can be defined in different forms. Whenever possible, the Foundation favours core-mission funding with the aim of supporting the organization’s overall development.
Also in the section
Mission Funding and Specific Programs
Why?
Organizations must have solid foundations on which to build their actions. That’s why we give priority to mission support, especially for small and medium-sized organizations.
Our experience tells us that mission funding allows us to develop closer ties with partner organizations, which we learn to know organically. This promotes exchanges and common learning.
How?
A donation in support of the mission is generally granted on an annual basis (without automatic recurrence). It allows the organization to use the amount allocated according to the priorities it will have identified.
Sometimes a donation is granted in support of the mission for a specific program, depending on the organization’s needs or because this program has particularly drawn our attention.
Project Funding
Why?
Project-based support is periodic support with the aim of supporting a time-limited initiative. This type of support is often granted at the request of organizations who seek to use the partnership as leverage.
How?
To support a project, special attention is paid to the project’s feasibility, its anticipated impacts, the partners involved and the resources in place.
We sometimes support projects promoted by a group of organizations engaged in a common initiative. In this type of project, one of the partners must be identified as the official applicant. This partner is then responsible for all the follow-ups and the administrative management of the donation.
Major Fundraising Campaigns and Major Gifts
Why?
Supporting major campaigns or making major gifts (to Institutions) is one way in which the Foundation contributes to the development of communities.
How?
This type of support is part of a multi-year budget plan and calls for special attention by the Donations Committee. Great importance is attached to the match between the targeted project and the Foundation’s specific philanthropic interests.
Donations of this type are limited in number to respect the Foundation’s financial availability.
When a donation of this type is granted, the partner organization must respect a three-year dormancy period after the end of the partnership, before submitting a new donation request.