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About the Foundation
The London District Christian Education
Foundation is an incorporated public foundation which manages an endowment
fund for seven Christian schools in southern Ontario. The Foundation was
created in 1990 to plan and provide for affordable Christian education
for future generations.
The Foundation is governed by a
board of
directors which is appointed by the participating schools. The directors
are responsible for receiving and investing gifts in a manner which
safeguards the funds and generates a reasonable rate of return. The
income from the investment is distributed annually to the schools.
The directors are responsible to each of
their member schools, and are under the supervision of the
Public
Trustee of Ontario through the Charities Accounting Act and the
Charitable Gifts Act.
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