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Donations |
Although the Fund meets the test for advancing education, it cannot currently be registered as a charitable organization with CRA since loans and awards have been restricted to descendants of James Awde and Sarah Allon. While the Education Fund can receive donations, it cannot issue receipts for these gifts for income tax purposes. The Awde Education Fund is currently investigating charitable status with the expansion of the loans and awards to non related individuals and donations to educational facilities and programs. |
The Awde Education Endowment Fund adheres to standards for fundraising established by the Canadian Centre for Philanthropy. To discuss donations in more detail, please contact Ron Awde at rawde@sympatico.ca or at (705) 277-9490. |
You may still wish to contribute to the Awde Education Fund to support the loan program or establish special recognition awards and bursaries for academic, athletic or volunteer service achievements. |
Contributions up to $1,000 will be added to the loan program fund or to the conservation development as directed by the donor. |
Contributions of $1,000 to $10,000 may support one time awards, be added to the loan program fund or for conservation and woodlands development as directed by the donor. |
Contributions over $10,000 may be designated for ongoing awards or added to the loan program fund as directed by the donor. Currently, the total amount awarded annually would be about 3.75% of the amount invested. |
Donations will be directed as follows: |
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