Support GAC® Activities through CGF FundsThe intent of the Geological Association of Canada (GAC®) and the Canadian Geological Foundation (CGF) in establishing both the GAC® Endowment Trust Fund and the W.W. Hutchison Medal Endowment Trust Fund is to permanently retain most donations made to the funds. In this way, the gifts will form growing legacies, the principal amounts of which CGF will carefully invest. Once the funds have grown sufficiently to generate meaningful income, the annual income will be used to provide grants in perpetuity.
In order to retain donations made to the CGF for either the GAC® Endowment Trust Fund or the W.W. Hutchison Medal Endowment Trust Fund and thereby grow substantial sustaining capital for the funds, the Canada Customs and Revenue Agency (CCRA) requires that donations be accompanied by the donors’ express instructions that the gifts are to be held for ten years or more. For more information on the funds: