Toronto M4Y 3G2, ON Canada
The Anglican Foundation of Canada was established in 1957 as a separate corporation of the Anglican Church, distinct from General Synod. It was created in order to respond to the many needs of the Anglican Church of Canada. The Foundation's mandate is to help build or renovate churches, halls, rectories and washrooms, to make them handicapped-accessible washrooms. It also supports church camps, conferences and programs, publications, bursaries for theological students, creative programs in music, art, drama and dance, aboriginal prayer and peace circles and much more. This is accomplished through a regular grants and loans program, as well as through 26 donor-designated trusts.
All donated undesignated income is allocated in the following way: 75 per cent to grants and 25 per cent to provide low-interest loans.
The Anglican Foundation is maintained by its memberships, in-memoriam and other donations, bequests, investments, annuities and trusts. The funds are carefully administered by a special volunteer investment committee, that meets regularly.
The Anglican Foundation administers a number of donor-designated trusts
A list of the some of the trusts follows:
Fulford Trust -- to be used for the encouragement, promotion, development and enrichment of church music in the Anglican Church of Canada;
Student Bursary Program -- consisting of two trust funds established by the Anglican Foundation: the Anglican General Bursary Trust, for theological students studying toward ordination; and the Anglican Graduate Award Trust, for study toward a graduate degree. Additionally, the Foundation administers the Oonah Bishop Trust for assisting men and women in training for the Anglican Ministry;
Catholic Apostolic Universal Church Trust -- for theological students' education and training and for social and educational programs in Aboriginal communities;
Lewis S. Garnsworthy Memorial Trust -- for training in preaching and pastoral care for clergy in the Diocese of Toronto;
Sacred Arts Trust -- supporting the use of drama and dance in public worship, fabric arts and labyrinths;
Scholarship of St. Basil the Great -- for student exchanges between members of the Anglican Church of Canada, the Oriental Orthodox Churches and the Assyrian Church of the East. In recent years, the Foundation has sponsored three scholarships from abroad to study in Canada and two scholarships from Canada to study in Armenia and India.
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