Building a lasting legacy
Through community support and donations, our objective is to build a permanent base of funds to support many community initiatives and needs. On an annual basis, an amount equal to a minimum of 3.5% of the principal of the Fund will be distributed to qualifying community projects and initiatives.
To reduce administrative costs and maximize investment potential, the St. Albert Community Foundation partners with the Edmonton Community Foundation. All donations from St. Albert community members will be reported separately and held as directed by donors. The St. Albert Community Foundation will direct distribution of funds in accordance with the wishes of donors based on applications received and approved for local projects.