I expect to pass through life but once. If therefore, there be any kindness I can show, or any good thing I can do to any fellow being, let me do it now, and not defer or neglect it, as I shall not pass this way again. ~William Penn
The Terra Nova Fund and Endowment seeks to advance, nurture and sustain programs and organizations focusing on health and human services; history/heritage and the environment; the performing arts; writing and journalism; and animal welfare on Prince Edward Island (PEI) and throughout Atlantic Canada. Our goal is to champion worthy causes that seek to encourage and spur innovative contributions that will produce a lasting impact on the quality of life for people who live and work on PEI and in Atlantic Canada.
PHILOSOPHY BEHIND THE CREATION OF THE FUND:
Initial funding for the Terra Nova Fund and Endowment was provided by its founding sponsors, Bruce and Patricia Craig, as part of their desire to strengthen charitable and non-profit organizations whose goals over the years attracted their philantrophic interests.
While many worthwhile organizations exist throughout PEI and North America that are deserving of financial support, those selected to benefit from the Terra Nova Fund are ones that traditionally have not garnered the level of funding they deserve from their own charitable efforts, the United Way or similar fundraising drives. Hence, the Fund targets its support for these often smaller, underfunded special interest charities that both reflect community needs and focus upon improving the quality of life for residents.
To this end, Terra Nova Fund each year awards grants and operating funds for a number of worthy, charitable causes. By contrast, the Terra Nova Endowment is a charitable legacy endowment established to support a variety of worthy causes only upon the death of the founding sponsors. Until their demise, all contributions are channeled through the Terra Nova Fund, in order to provide immediate assistance to supported causes.
For a list and brief description of causes and organizations targeted to benefit from the Fund’s support this year, view our Special Initiatives for 2015-2016.