Our current Endowment Fund Balance:  $ 181,864.65

A Steward is somebody who has been entrusted with another’s wealth or property; is charged with the responsibility of managing it; and should do so in the owner’s best interests. 

Endowment Gifts

Donations to the school are gratefully accepted and are used to meet current needs.  But how can you give a gift that isn’t immediately absorbed into this year’s budget?  How can you give a gift that will last for years to come?  Endowment gifts provide that opportunity. 

How does an Endowment Fund Gift work?  An endowment is a permanent gift that is invested, and only the interest earned can be used by Lacombe Christian School each year.  The principal (initial investment) is never spent, it remains invested.  Lacombe Christian School is partnered with Christian Stewardship Services, who administers our Endowment Fund.   

Endowment Gift Details.  Endowment giving can be arranged in many forms.  Additional contributions to the original principal can be added at any time.  All gifts are fully tax deductible, resulting in a tax credit of up to 46%.  Charitable Bequests can also be directed to Endowment Funds, thus spreading out your legacy over a number of years, or in perpetuity. 

What about the issuer?  Your endowment gift will be administered by Christian Stewardship Services (CSS), a charity registered with Canada Revenue Agency under BN# 10692 0309 RR0002.  CSS was established in 1976 as a federal non-share corporation.  It acts on behalf of some 40 charitable causes and over 100 Christian Schools which are partnering organizations, their donors, and their friends.  CSS charges a 1% administration fee on all accounts.

For more information, please contact our office at 403-782-6531 who will get you in touch with a member of our Endowment Fund Committee.