The Coastal Stewardship Network is supporting its member First Nations as they’ve established sophisticated monitoring programs and their analyses informing vital environmental and resource management decisions.
Investing at Scale, Aligning with Values
First Nations and funders are working with Coast Funds to leverage our institutional-scale investment portfolio, good governance, and strong financial performance to increase investment earnings to finance First Nations’ self-determined stewardship efforts now, and for generations to come.
Contribute to the Fund That’s Right for You
In keeping with our priorities of uplifting First Nations and increasing both the sustainability and self-determination of stewardship revenue sources, Coast Funds offers two funds: the Stewardship Endowment Fund and the One Generation Fund. With every new contribution, the First Nation’s governing council and/or their funder determine which long-term investment fund to deposit their funds.
Making a Contribution
Coast Funds manages the funds entrusted to us for First Nations governments’ current stewardship financing needs along with the enduring permanence of the funds for future generations. By partnering with us to build the value of their endowed funds, First Nations are working to secure sustainable, self-determined financing for their stewardship authorities for generations to come.
Below are the straightforward steps to making a contribution to your endowed funds at Coast Funds:
The First Nations government and/or their donor or partner, decide to engage our team to build the value of the First Nation’s endowed funds with Coast Funds. See our services supporting FIRST NATIONS-LED FUNDRAISING to learn more.
Securing the contribution
The First Nation’s governing council resolves to make an own-source contribution to their stewardship endowment at Coast Funds—or the First Nation’s donor or partner decides to make a donation to Coast Funds for the First Nation they’re supporting.
Selecting the long-term fund
The First Nation’s governing council (or their donor) select either the Stewardship Endowment Fund or the One Generation Fund for the donation to Coast Funds.
Making the contribution
Coast Funds provides our simple deed of gift for the First Nation’s governing council (or their donor) to make the contribution, directing it to their chosen long-term fund. The council (or their donor) reviews and signs the deed, and then deposits the funds with Coast Funds. If the contribution is from a donor, Coast Funds administers all aspects of charitable receipting.
Investing the contribution
Coast Funds invests the contribution within our diversified investment portfolio within 15 business days. The funds begin generating investment income for the First Nation that will finance their stewardship authority in the next fiscal year.
Annual earnings in perpetuity
Coast Funds provides each First Nations with their net investment earnings to finance their stewardship authorities, Guardian programs, and conservation initiatives every year in March following our annual audit.
Financing stewardship authorities every year
The First Nation’s governing council decides the amount of earnings to draw from Coast Funds to finance their stewardship efforts each year. With council direction, the First Nation’s staff form their annual stewardship or Guardian program budget, providing it and an overview of stewardship priorities for the year to our staff to APPLY, thus securing operating funds each year.