Greater impact together – Cambridge & North Dumfries Community Foundation and Kitchener Waterloo Community Foundation declare their intent to become one Community Foundation
February 25, 2022
On February 22, 2022, the Board of Directors of Cambridge & North Dumfries Community Foundation (CNDCF) and Kitchener Waterloo Community Foundation (KWCF) decided to move to Phase II of Unification.
As Lori Payne, Chair of KWCF explained, “After careful study during Phase 1 of a three-phase process (that included conducting a comparative analysis, engaging our key stakeholders, and re-imagining a shared future), the Boards of Directors have agreed to move to Phase II. We are declaring our intent to become one Community Foundation as we move into Phase II, which includes the development of a business plan and a transition plan.”
“We are building on the natural and long-standing relationships we have between our organizations and collectively across the region. These dialogues have also been sparked by the planned departure over the coming months of Anne Lavender, Executive Director, CNDCF and Elizabeth Heald, President & CEO, KWCF”, stated Mike Braga, Chair of CNDCF.
Both Community Foundations are coming from a position of strength – we want to amplify our impact. Phase II will determine whether the benefits we see are feasible. The benefits of unifying our Community Foundations include:
- Better overall solutions for our communities
- Ability to collectively look at townships and cities without leaving places and people out
- Creating and evolving grant streams to bring the community together
- Increased awareness of partnership opportunities in areas such as impact investing
- Additional opportunities to engage philanthropic people across the region
- Regional focus, in addition to continued local connections throughout Waterloo Region
- Ability to collectively focus on affordable housing, climate change and other big community issues
Throughout Phase 2 of this process, everything remains the same with respect to staffing, funding support to the community, and areas that each Foundation is focusing on. Both Community Foundations remain completely committed to their work with Fundholders and donors, grantees, investees and partners.
About Cambridge & North Dumfries Community Foundation
We make it our business to know our community. Working with generous donors and local charities, we identify ways to bring them together to strengthen our community now and forever, through both immediate assistance, and through the management of endowment funds to provide everlasting support. We provide grants to worthy local causes, and continue to support a wide range of initiatives which sustain and improve the quality of life in Cambridge & North Dumfries. www.cndfoundation.org
About Kitchener Waterloo Community Foundation
Kitchener Waterloo Community Foundation (KWCF) is focused on Granting, Impact Investing and Convening to make measurable and sustainable impacts in Waterloo Region. We collaborate with partners to develop forward-thinking innovative solutions and seize opportunities to meet current and future needs of our community. We enable people, companies and organizations to do more good by making it easy for Fundholders and Donors to give and invest, and for charities to receive money. Gifts are directed to KWCF’s endowed funds that drive positive change in two ways: through grants and impact investments that deliver both financial returns as well as positive social and environmental outcomes. We work with our Fundholders to distribute the income generated through grants to support a wide range of charitable causes within our community. As a leading community-building organization we also work to amplify voices and issues of importance by convening conversations and sharing information, while approaching our work with an equity mindset. www.kwcf.ca
For additional information about this release or to schedule an interview, please contact:
President & CEO
Kitchener Waterloo Community Foundation
519-725-1806 x 201