How to Get Started
Setting up your SUMAInvest account is easy and efficient, with support during the entire process.
The SUMAInvest program is an exciting and new option for Saskatchewan municipalities to pool their reserves with a diversified and professionally-managed portfolio, while benefiting from economies of scale. You can have peace of mind knowing you can withdraw your funds from the account at anytime, penalty free.
The process for setting up an account is flexible and easy, and we’ll work with and support you every step of the way. If you have any questions, we are simply a phone call, meeting, or email away, so let’s get started!
Getting started is as easy as 1... 2... 3...
Getting started with SUMAInvest is a straightforward and flexible process. We understand that every Saskatchewan municipality is unique and may have different priorities when it comes to serving their communities. Our SUMAInvest Team offers full support during each step—from initial conversations and council motions to account setup and fund deposits—ensuring municipalities receive personalized assistance tailored to their specific needs.
"Getting started with us is so easy! In just three simple steps, you can begin investing your reserves and making a positive impact on your community. We're here to provide guidance, answer any questions, and support you throughout the process."
Let's Have a Conversation
The process for setting up a SUMAInvest account is easy and flexible. We want to answer any questions you may have, and ensure you are set up for success.
The SUMAInvest team believes in transparency and accountability to earn your trust. We want to help support you and answer any questions you may have about the SUMAInvest program. Our team is flexible, and our goal is is to be able to work with you in a way that caters to your needs.
The SUMAInvest team believes in transparency and accountability to earn your trust. We want to help support you and answer any questions you may have about the SUMAInvest program. Our team is flexible, and our goal is is to be able to work with you in a way that caters to your needs.
We are willing to come to you, regardless of where your municipality is within Saskatchewan. We can meet with your council to answer any questions they may have about the program, and chat about how SUMAInvest will help to enhance the impact you can have within your municipality. We can sit down with your administrative team to discuss the financial aspects of the program, and explain how your reserves can benefit from pooled investments in a large and diversified asset portfolio. You can even find members of our team at various conferences throughout the year, all across the Saskatchewan.
Whether you are wanting to ask a few preliminary questions, requesting a detailed presentation to Council, or ready to start your SUMAInvest account, we are always ready and available for that conversation. We’ll meet you at any level, and will support you every step of the way through the SUMAInvest process. Reach out to our team today, and let’s start a conversation!
Presentations With Council
Meetings With Administration
Visits During Conferences
We are willing to come to you, regardless of where your municipality is within Saskatchewan. We can meet with your council to answer any questions they may have about the program, and chat about how SUMAInvest will help to enhance the impact you can have within your municipality. We can sit down with your administrative team to discuss the financial aspects of the program, and explain how your reserves can benefit from pooled investments in a large and diversified asset portfolio. You can even find members of our team at various conferences throughout the year, all across the Saskatchewan.
Whether you are wanting to ask a few preliminary questions, requesting a detailed presentation to Council, or ready to start your SUMAInvest account, we are always ready and available for that conversation. We’ll meet you at any level, and will support you every step of the way through the SUMAInvest process. Reach out to our team today, and let’s start a conversation!
Contact Us Today to Get Started
Motion From Council
Ensuring approvals are made and documented prior to moving forward with the account set up.
The motion from Council documents the intentions of your municipality to establish a SUMAInvest Account with the Saskatchewan Community Foundation. This motion is needed prior to establishing an account, and may take some time to pass depending on how often your council meets, and when your next scheduled meeting is. To be proactive in this stage of the SUMAInvest process, we have provided some sample text below that can be used for a motion.
Sample Motion Text
[Name of Municipality] wishes to establish a SUMAInvest Account at the Saskatchewan Community Foundation to support the operations of [Name of Municipality]. We approve of and authorize [Name, Title] to finalize the terms of the agreement with the Saskatchewan Community Foundation.
Set Up the Account
Our team will work with your administrative team to complete the establishment of your new SUMAInvest Account.
Once we have the motion from your council to proceed with establishing a SUMAInvest account, we can being setting up your account. The SUMAInvest team will work with your administration to coordinate the logistics for setting up the account, depositing your reserves into the account, and what the process is for withdrawing your reserves.
Deposit Reserves
Depositing your reserves into your account is easy and efficient. Your funds will remain under your ownership and will be accounted for on your financials. Retain control over your funds without sacrificing growth potential. You will be provided quarterly statements from the Saskatchewan Community Foundation and will have access to an online portal to view the full history of your account
Withdraw Anytime
With your SUMAInvest account, you are able to withdraw your reserves at any time. Whether you need to withdraw some of your reserves to help fund a project, or choose to withdraw all of reserves, you can rest assured knowing you can access these funds with no hidden penalties.
Support Every Step of the Way
Whether you have questions about the SUMAInvest Program, are wanting assistance with establishing an account, or need support after the setup is complete, our team of trusted and local partners will be there every step of the way. Reach out to us today, and learn how our economies of scale help produce higher investment returns and how this can put more money back into your community.
