WINNIPEG — A new fund has been established by the province to help community foundations grow and to inspire philanthropy.
The Endow Manitoba fund has a goal of $5 million and will be managed by The Winnipeg Foundation.
“We know how much Manitobans love to help each other and we hope this new fund will help community foundations inspire more donations,” said Municipal Relations Minister Rochelle Squires.
“This fund will help rural community foundations continue to build on past successes.”
The fund is expected to generate about $250,000 annually once its goal has been reached.
Funds will support capacity-building community foundation workshops, shared research and development projects, information technology enhancement programs, virtual communication platforms, and expand the network of rural community foundations.
Manitoba is home to 55 community foundations — the most per capita in the country.