Shuswap Community Foundation requires a minimum of $10,000 to establish a fund that will generate sufficient annual income to allow for a grant. A donor wishing to start a fund may initiate the fund with a donation of at least $1,000. The fund name is at the discretion of the donor and can include individual endowments, family endowments, in memoriums, scholarships and agency endowments. A permanent document called a “Deed of Gift” sets out the terms and conditions of which will be agreed to by the donor and Shuswap Community Foundation and signed by both parties. The Deed of Gift will also include details as to the donor's wishes for the fund's annual income available for distribution.