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Policies

Yellowknife Community Foundation

The Yellowknife Community Foundation’s Board of Directors has a continuing commitment to ensure the establishment and periodic updating of policies to provide the framework for the management and operation of the Foundation.

If you have any questions about any of these policies or require further information, please contact our office at: +1-867-446-2804 or information@ykcf.ca

Click to download our Administration (Expenses) Policy. The purpose of this policy is to provide a framework for the administration management of funds held at the Yellowknife Community Foundation. 

The Yellowknife Community Foundation will charge fees from time to time on all funds. This fee will be determined by the Finance Committee, and may be changed from time to time. 

Please click to download our Spending and Capital Preservation Policy. The purpose of this policy is to allow an outflow of grants (disbursements) while protecting the original principal and ensuring fund growth to sustain purchasing power with the rate of inflation. 

 

Please click to download the Gift Acceptance Policy. The purpose of this policy is to provide guidelines for the types of outright gifts (i.e. cash, publicly traded securities) and deferred gifts (i.e. bequest, life insurance) that will be accepted by the Foundation. 

Please click to download the Investment Policy. The purpose of this policy is to outline the foundation’s investment principles and provide guidelines to maximize return on investment in a prudent and diversified manner. 

Please click to download the Donation Recording and Receipting Policy. The purpose of this policy is to provide a framework for the tax receipting of charitable gifts to the Yellowknife Community Foundation in compliance with the provisions of the Canada Income Tax Act.