Specialized Funds
Specialized Funds
The GBLT has a number of specialized funds that allow you to give to particular initiatives or properties in selected areas and communities.
Wally and Marilyn King Endowment Fund
This fund was created by Wally and Marilyn to support special projects which promote the appreciation of the eastern shore of Georgian Bay, the North Channel. and its unique environment. This is done through the King Family bursaries. Scientists, academics, artists, authors, musicians, writers and others are encouraged to apply.
Stewardship Funds
Stewardship Funds ensure that GBLT always has enough money to properly steward each of the properties we care for. Stewardship funds are independent of GBLT’s annual operating and program revenue. These funds generate interest to support stewardship costs, but also long-term growth of the capital. The capital is protected with earnings from investment used to cover annual expenses. The goals for stewardship funds are created based on an estimated average annual expense for the relevant properties covered by the fund and under the expectation of 2.5-5% annual earnings generated from the capital.