Through an endowment gift you are ensuring that your legacy gift will support Toronto’s Library in perpetuity. The Toronto Public Library Foundation currently has over $4.7 million in endowed funds under investment. These funds help to permanently secure the future of some of the Library’s most vital programs and services.
An endowed gift means that the principal will be invested in perpetuity and that only the interest will be used each year to support the chosen area of interest. In this way, funding is guaranteed each and every year thereby providing a stable and predictable base of support for programs that otherwise might be at risk of not continuing year to year.
When you choose to create a new endowment or support an existing one with Toronto Public Library Foundation, you have the satisfaction of knowing your gift will have a meaningful impact for generations to come.
Create A New Endowment
A new endowment may be created in your name, or in the name of someone you love, to support general needs or collections, programs, services or community spaces. Minimums for the establishments of new funds vary by designation but begin at $10,000 and can be gifted over 5 years.
Once an endowment is established, you, your family, friends or other donors with an interest in the endowed cause may make additional donations, of any value, to the endowment fund, at any time. You may also choose to set up a bequest in your will to add to your endowed fund.
Support An Existing Endowment
You may also choose to make a lifetime of impact by supporting an existing endowment with a gift of any amount. For a list of existing endowments click here.
For more information, please contact:
Liza Fernandes, Associate Director Community and Legacy Gifts
789 Yonge Street, Toronto, ON M4W 2G8
Ph: (416) 397-5924; Fx: (416)397-5999;