CHOOSE YOUR CAUSE AND YOUR WAY OF GIVING
The Foundation of Greater Montreal assures donors great flexibility. It offers a wide range of funds so you can distribute the income from your gift as you see fit.
You can choose from the following types of funds
Designated Funds: Donors specifically designate one or more charitable organizations to benefit, in perpetuity, from the yearly income generated by the donor’s fund. If a designated charitable organization ceases to exist, then the income will be subsequently redirected to an organization with a similar mission.
Donor-Advised Funds: Donors make annual recommendations to the FGM regarding organizations or sectors that can best benefit from grants derived from their funds. Donors may make the recommendations themselves, or name a family member, heir, or close friend to do so on their behalf.
Scholarship Funds: Donors request that the income from their funds be used to award scholarships to help students reach their academic goals. Donors may specify admissibility criteria.