The formation of Mennonite Foundation of Canada was the outgrowth of a previously chartered Mennonite Mutual Foundation, a venture of the Mennonite Conference of Ontario and Quebec, and Mennonite Foundation, an unchartered venture of the Conference of Mennonites in Canada. Conversations between the two groups began as early as 1970. A federal charter under the name of Mennonite Foundation of Canada was granted in December 1973. On 1 July 1974, a head office in Winnipeg managed by J. K. Klassen, and a regional office in Kitchener managed by Rufus Jutzi opened.
The purpose of the foundation was to provide stewardship teaching and responsible use and disposition of accumulated possessions. A central thrust was counselling about wills and estate planning. Administration of various endowment funds plus a variety of charitable investment objectives became part of the program. Investments included commercial bonds and mortgages to congregations and other church-related institutions.
As of 2004 the participating conferences were: Mennonite Church Canada, Mennonite Church Eastern Canada, the Northwest Mennonite Conference, the Evangelical Mennonite Conference, the Evangelical Mennonite Mission Conference, the Chortitzer Mennonite Conference, and the Evangelical Missionary Church of Canada.
In 2004, Mennonite Foundation of Canada served a constituency across Canada from offices in Abbotsford, B.C., Calgary, AB, Saskatoon, SK, Winnipeg, Man., Kitchener, Ont., and St. Catharines, Ont. The total value of assets under the administration of Mennonite Foundation of Canada in October 2004 was $66,000,000.
Mennonite Yearbook & Directory, 1997, ed. James E. Horsch. Scottdale, PA: Mennonite Publishing House, 1997.
Mennonite Foundation of Canada quarterly statements.
Cite This Article
Jutzi, Rufus. "Abundance Canada." Global Anabaptist Mennonite Encyclopedia Online. 1990. Web. 21 Nov 2017. http://gameo.org/index.php?title=Abundance_Canada&oldid=89760.
Jutzi, Rufus. (1990). Abundance Canada. Global Anabaptist Mennonite Encyclopedia Online. Retrieved 21 November 2017, from http://gameo.org/index.php?title=Abundance_Canada&oldid=89760.
Adapted by permission of Herald Press, Harrisonburg, Virginia, from Mennonite Encyclopedia, Vol. 5, p. 571. All rights reserved.
©1996-2017 by the Global Anabaptist Mennonite Encyclopedia Online. All rights reserved.