A CHEO Endowment Fund is a permanent source of funding that you create which provides revenue for generations to come. The fund’s capital is preserved in perpetuity and the annual interest generated goes directly to benefit CHEO patients. You can start one with a minimum contribution of $25,000 or build up to that amount over time and can continue to contribute to your fund at any time.
This is a meaningful way to remember and honour someone. Many donors have created such a fund in memory of a former patient or family member and have named it after that individual or in their own name. You can choose to either specify the use of your fund’s interest to a certain department or program or to have an unrestricted fund which allows the interest to be directed to CHEO’s urgent needs.
For more information on how you can create your own CHEO endowment fund please contact Megan Doyle Ray at [email protected] or call 613-297-2633 or toll free at 1-800 561-5638
The CHEO Foundation recommends that you consult your legal and financial advisor in any matter concerning estate and legacy giving. All inquiries are treated in the strictest of confidence. The CHEO Foundation does have printed materials available to help guide you and your professional advisor.