Cidel Foundation Trustee

The Trustee of The Cidel Foundation is Cidel Trust Company, a registered trust corporation, supervised by the Superintendant of Financial Institutions in Alberta.

Governance

Cidel Trust Company is governed by a Board of Directors, the majority of whom are independent.

The Trustee(s) are responsible for overseeing all aspects of The Cidel Foundation, including:

  • Stewardship of the foundation’s charitable mission and activities
  • Management of the Foundation’s assets in accordance with the prudent investment rules
  • Acceptance and tax receipting of charitable gifts
  • Due diligence on grants made from your Family Fund to other charities
  • Review and approval of any contractual agreements
  • Following all legal and accounting requirements imposed on registered Canadian charities
  • Filing all necessary government reporting
  • Creating transparency on charitable accounts and reporting to our donors

 

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