Endowment Giving
The Loran Scholars Foundation established an endowment fund in 2008 to provide our donors with a means of making an enduring gift in support of promising young Canadians. One of our long-term goals is to fund a proportion of our annual expenditures from income earned on invested capital. As an organization, we are committed to contributing to this endowment as well, from our net surplus, to invest in our future financial stability as a foundation. The fund, holding $14.4M as of April 30, 2022 is managed by Burgundy Asset Management and overseen by a volunteer committee struck by our board of directors.
