Qualified donees are organizations that can issue official donation receipts for gifts they receive, such as registered Canadian charities, a registered Canadian amateur athletic association or registered journalism organization. Any Canadian registered charity or qualified donee is an eligible grant recipient from Aqueduct Foundation.
How we work
Since 2006, Aqueduct has championed granting flexibility. When it comes to granting, donors can choose: the grant recipient, how much you wish to give, the timing of the grants during the year, recognition by charities (including anonymity). Donors also have access to an online granting portal, where they can make grant recommendations at any time and access documents such as acknowledgement letters and granting history.
At Aqueduct, our best practices include multi-year grants, light reporting by grantees, and flexibility. For larger grants, Aqueduct works closely with charities on structure and documentation. Aqueduct supports best practices in granting and trust-based philanthropy principles.
Aqueduct also provides granting support, grant agreements, and charity research to donors. Unless donors request anonymity, Aqueduct provides grantees with the donor or grant advisor information in most cases. Most donors welcome being contacted by the charities that their funds support. Aqueduct does not seek or accept recognition for grants.
Frequently Asked Questions
You do. Donors (or their designated grant advisors) provide Aqueduct Foundation with grant recommendations. Aqueduct approves all recommendations for grants to Canadian registered charities and qualified donees.
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.
Yes. The minimum annual amount to be granted from each individual fund is 4% of the prior year-end balance. Individual grants must be a minimum of $1000 each.
