Buraq Endowment Fund
About
The Buraq Endowment Fund operates on the principle of legacy giving, sustainably funding impactful programs through prudent investment. Donations are carefully managed, with returns strategically reinvested to uplift communities across three key areas: vocational training, microfinance, and infrastructure development.
This integrated approach propagates a ripple effect of economic mobility and grassroots leadership. As dividends accumulate, they fuel ever-increasing opportunity – setting in motion a cycle of empowerment passed from student to community. Each new nurse, engineer, IT specialist, lawyer or entrepreneur we help train has potential to transform neighborhoods for years beyond graduation.
Impact
Educational Empowerment
By funding scholarships in higher education and vocational training, we’re addressing talent shortages in critical sectors and providing market-relevant skills for sustainable careers.
Economic Upliftment
Our microfinance initiatives provide more than just loans—they offer the guidance and support necessary for graduates to turn their skills into successful businesses, catalyzing local economies.
Health and Well-being
Clean water and proper sanitation are fundamental to community health. By improving these infrastructures, we ensure that individuals can thrive and fully benefit from educational and economic advancements.
Frequently Asked Questions
Donations to the Buraq Endowment are prudently invested, with the original sum preserved and the returns allocated to our empowerment programs.
The endowment supports scholarships for higher education and vocational training, microfinance opportunities, essential water and sanitation infrastructure projects.
Unlike traditional donations, the Buraq Endowment is a legacy fund where your contribution generates continuous support for educational and developmental initiatives.
The Buraq Endowment Fund prides itself on being a market-beating fund. Our dedicated team of financial experts strategically manages the fund to not only meet but often exceed market averages. This approach ensures that your generous donations yield optimal returns, maximizing the impact and reach of every dollar contributed. Our commitment to astute financial stewardship means we can offer substantial and sustainable support to our programs and beneficiaries.
Fueled by the belief of lasting change and living dignified lives, we are proud to introduce the “Buraq Endowment” initiative.
This unique fund, which we refer to as ‘Dividends for Dreams,’ operates on the principle of legacy giving, where your generous donation is invested wisely. The profits derived from these investments, or ‘dividends,’ directly fund skills development for deserving students to secure their future. Hence the adage ‘give a man a fish, and you feed him for a day. Teach a man to fish, and you feed him for a lifetime.’ Your investment truly creates dividends that fuel dreams for a lifetime.
A Legacy of Learning
How does it work? When you contribute to the “Buraq Endowment” fund, your donation is carefully invested. As the investment yields profits, these returns are funneled directly towards vocational training in various lucrative fields including but not limited to sewing and dressmaking, electrical installations, IT and nursing scholarships and many more. The original investment remains, continuing to grow and generate profits to support more students year after year
Delivering Impact with Intention
We employ a measured approach by thoroughly vetting and selecting the most committed and capable students – those who show a strong resolve to complete their education but lack the financial means. Your donation thus ensures that deserving students gain the opportunity they need to alter their life’s trajectory.
In addition, graduates with the potential and will to establish their own businesses are provided microfinance loans, further encouraging entrepreneurship and local economic growth.
Promoting Health and Hygiene
Recognizing that education and good health go hand in hand, we also educate our beneficiaries about sanitation and provide them with clean water and hygiene facilities where needed. This preventive approach helps to reduce the spread of diseases and improves the quality of life.
Ways to Give
Donation to the Fund
Amplify your impact immediately with a direct donation to the “Buraq Endowment” fund. Your gift will be invested wisely, with the returns funding scholarships for deserving students.
A Gift in Your Will
Make education your legacy. Include Foundation of Light’s “Buraq Endowment” in your will and give the gift of learning for generations to come.
I bequeath [specific dollar amount, percentage of the estate, or description of property] to The Foundation of Light, a Canadian registered charity with registration number 84096 4498 RR0001, located at 100 Sheppard Ave E, Suite 700, North York, Ontario, M2N 6N5, Canada, for its unrestricted use and purposes.
*Please consult with your attorney or professional adviser to ensure that your plans are in compliance with all laws applicable in your area.
Beneficiary Designations
You can designate Foundation of Light’s “Buraq Endowment” fund as a beneficiary in your life insurance policy, retirement funds, or other financial accounts.
Non-Cash Assets
Property and other non-cash assets can make a significant difference in the lives of students. Donate real estate, stocks, or other assets to provide life-changing educational opportunities.
