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About: Calgary Foundation     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:SocialGroup107950920, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: yago:WikicatCharitiesBasedInCanadayago:WikicatOrganizationsBasedInCalgaryyago:Abstraction100002137yago:Charity108406619yago:FinancialInstitution108054721yago:Foundation108406486yago:Group100031264yago:Institution108053576yago:Organization108008335yago:YagoLegalActoryago:YagoLegalActorGeoyago:YagoPermanentlyLocatedEntityorganisationyago:SocialGroup107950920 New Facet based on Instances of this Class

The Calgary Foundation (TCF) is a Canadian registered charity serving Calgary, Alberta. The foundation was established by a group of community-minded citizens to meet a wide variety of social, cultural, educational, health, environmental, and community charitable needs in Calgary and the surrounding area. The foundation undertakes this work through the distribution of income from endowments and other funds established by donors. The foundation distributes five percent of the market value of each fund on an annual basis. Any income in excess of this, net of administration expenses, is added to the capital of the funds. As of 2007, it had endowments valued at $334 million and granted $33 million to 547 charitable organisations.