Program Partners
SUMAInvest is a collaboration between SUMA and the Saskatchewan Community Foundation designed to strengthen our communities.
SUMAInvest is an initiative created by two trusted and local partners with over 150 years of collective experience supporting Saskatchewan communities. The program leverages each organization’s expertise and is built on a shared commitment to help Saskatchewan municipalities succeed.
Saskatchewan Urban Municipalities Association
Recognized since 1905 as the collective voice of Saskatchewan municipalities, SUMA represents the interests of municipal governments on policy and program matters within provincial jurisdiction.
The Association has been in continuous operation since that time, serving the needs of member councils by maintaining and improving the strength of local government. The SUMAInvest program is an opportunity for member municipalities to strengthen their financial position and grow reserves to sustain and enhance our communities.
Saskatchewan Community Foundation
For over 55 years, the Saskatchewan Community Foundation has been investing in Saskatchewan communities and is one of the largest non-governmental funders of the charitable sector in the province. The Community Foundation serves as a catalyst for community impact and has granted out over $40 million in the past decade alone to charities and qualified donees. As an institutional investor, the Saskatchewan Community Foundation is trusted with over $125 million in assets. SUMAInvest harnesses the investment infrastructure and economies of scale of the Community Foundation to support municipal reserve management.
We operate as the South Saskatchewan Community Foundation for the region (Davidson and south to the border). We recently started using the Saskatchewan Community Foundation legal operating name for provincial partnerships. This is also used to serve municipalities who are not already served by existing Community Foundations in the province.
Better Together
The SUMAInvest Program brings together trusted and local partners to offer Saskatchewan municipalities a new opportunity for investing reserves.
Our communities thrive when we work together.
SUMAInvest allows communities across the province to pool reserve dollars and benefit from a diversified and expertly-managed investment portfolio. Together, our economies of scale help produce higher investment returns and put more money back into our communities.
One of the biggest challenge facing every council is its ability to invest in the long-term future of the community. This was certainly true in my time as Mayor. The SUMAInvest program provides for a very beneficial partnership to help with financial planning. I’m very excited about the collaboration between SUMA and the Saskatchewan Community Foundation and look forward to benefits the program brings for Saskatchewan Municipalities.
The Saskatchewan Community Foundation is a local catalyst for impact and committed to strengthening our communities, now and in the future. For over 55 years, we have been a trusted partner for individuals, families, and organizations dedicated to creating community impact. With SUMAInvest, the Community Foundation is excited to build partnerships with Saskatchewan municipalities to grow reserves and put more money back into our local communities.
By benefiting from better financial management of reserves, SUMAInvest empowers urban municipalities to leverage strategic investments, grow their wealth, support long-term community planning, and significantly enhance community infrastructure. Through a well-structured municipal investment program, our municipalities can foster sustainable growth, improve quality of life, and create vibrant, interconnected communities that thrive.
