The Villa Rosa Endowment Fund
In 2001, the Corporation entered into an agreement with The Winnipeg Foundation to establish the Villa Rosa Endowment Fund. The purpose of the fund is to provide services to single expectant mothers in Winnipeg and award scholarships to women in pursuit of their post secondary education.
All donations to the Villa Rosa Endowment Fund by Villa Rosa and the general public are transferred to a Consolidated Trust Fund held by The Winnipeg Foundation. The capital will be preserved and the income available for granting is determined by the spending policy of The Winnipeg Foundation.
Together we can Break The Cycle and give hope to young, single, pregnant women in Manitoba.
Activities of the Villa Rosa Endowment Fund for the period March 1, 2007 to March 31, 2008:
Gifts to Fund $6,359.00
Funds Paid to Villa Rosa $5,193.00
Fund Balance (market value at March 31, 2008) $164,151.47