How Funds in the Canadian Rugby Foundation Work
If you have an idea for a new fund and would like to learn more about starting it up, please contact us. All new funds will need to be approved by the Canadian Rugby Foundation and, once approved, we will start accepting donations on your behalf immediately. No disbursements will be made until the fund reaches $25,000 ($10,000 for scholarships) which will include the matching funds available as well as the interest earned on the fund until it meets the above required amount. At the end of each year, funds will be distributed to the beneficiaries of the fund. A disbursement date will be created for each new fund and, on that specific date, the interest earned on the fund from the previous year will be calculated and a cheque will be sent in that amount.