About
CONNECTING CARING PEOPLE AND WORTHY CAUSES
The Community Foundation of Prince Edward Island (CFPEI) is an incorporated, charitable organization that provides a ‘user-friendly’ vehicle for donors to create endowment funds to support charitable activities. Income generated from these investments is directed through grants and scholarships to support a wide range of diverse needs in Prince Edward Island communities. Because of the permanent nature of these endowments, income is available for now and generations to come.
The endowment fund allows the donor to leave a memorial legacy to meet their charitable interests in perpetuity, at minimum cost and maximum convenience. Since its incorporation, the Foundation has worked with donors to establish close to 110 endowment funds with a current value of almost $15 million – thus enabling over $500,000 in annual granting!
Our Impact
As we look back on 2020, we recognize how truly extraordinary it was. The charitable sector faced unprecedented challenges, and our generous donors rose to the occasion, as our investment in long-term capital provided stability through difficult times.
With the help of our incredible supporters, we were able to grant well over a half million dollars back into our community, providing much needed assistance to some of the most vulnerable citizens from tip to tip across Prince Edward Island. We were honoured that our donors trusted us to manage their gifts, ensuring the timely distribution of funds to where they were needed most.
Since its inception in 1993, The Community Foundation has granted more than $4 million back into our community to worthy community projects and individual scholarships!
