Charitable purpose real estate is land and buildings held to further a charitable purpose. In partnership with community charities, Aqueduct holds and manages real estate.
Frequently Asked Questions
Charitable purpose real estate is land and buildings held to further a charitable purpose. Aqueduct can hold real estate for other Canadian registered charities, simplifying the ongoing management process.
Yes. Aqueduct has charitable purposes, which allows it to operate charitable programs such as community based scholarships, artist foundations, management of ecologically sensitive land, and managing charitable purpose real estate.
In addition to Canadian registered charities and qualified donees, Aqueduct funds can also support special charitable programs. For example, Aqueduct works with donors to establish and run community-based scholarships, art foundations, and to hold environmentally sensitive land. Aqueduct is expanding its mission to make grants to organizations that are not Canadian registered charities, such as Canadian non-profits carrying out charitable purposes or international charities.