The CHHA Foundation is a registered charitable fundraising organization, established in 2001 to support the activities and programs of the Canadian Hard of Hearing Association (CHHA), Canada’s only national non-profit consumer organization run by and for people with hearing loss.
About THE CANADIAN HARD OF HEARING ASSOCIATION FOUNDATION
CHHA currently depends on government grants and membership fees to fund its activities. However, Canada’s hearing loss population is growing and CHHA requires additional resources to fund its innovative programs. The CHHA Foundation was formed as a separate body to raise and manage the investment of funds to generate new income on a year-to-year basis.
The CHHA Foundation spends only the income on its investment, rather than the actual capital from donations. With their gifts to the CHHA Foundation, donors are, in effect, establishing a perpetual legacy through their donations. The interest from their capital provides income to support CHHA activities.
The CHHA Foundation is positioned to accept and manage not only money, but also other forms of donations such as life insurance, real property, and stocks and bonds.