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What is the difference between the University of Calgary and the University of Calgary Foundation (1999)?

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What is the difference between the University of Calgary and the University of Calgary Foundation (1999)?

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In the Fall of 2008, the directors and founding members of the Foundation voted unanimously to dissolve the U of C Foundation (1999). Previously, legacy/planned/deferred gifts were managed through the University of Calgary Foundation (1999), an arm’s length body that accepted and granted gifts to the University of Calgary. All of the assets of the Foundation were granted to the U of C which was also named the Foundation’s successor. Donors may now simply name the University of Calgary or Governors of the University of Calgary. The University of Calgary Foundation (1999) was officially dissolved by the Registrar of the Province of Alberta on December 8, 2008.

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