The St. Albert Community Foundation is governed by a Board of Directors, volunteers from St. Albert and area. The Foundation relies heavily on the generous donation of time and talent offered by professionals such as lawyers, accountants, and specialists. Through community support and donations, our objective is to build a permanent base of funds to support many community initiatives and needs. On a yearly basis, an amount equal to 3.5% of the principal of the Fund will be distributed to qualifying community projects and initiatives..