Featured funding program: Community Foundations

April 27, 2015

 

The Community Foundation Matching Grants program provides all municipalities or regional district electoral areas with up to $50,000 from a regional development account in matched funding to assist with establishment of a dedicated endowment within a registered community foundation over a two year period.

In 2014, Northern Development approved $234,575 in grants to help establish six community foundations throughout the region. The goal of the program is to assist all municipalities and regional district electoral areas in the Northern Development region in building an endowment fund that supports local social, cultural and environmental needs via local decision making.

In 2014, the Trust approved three $50,000 matching grants to help establish the South Cariboo Community Enhancement Foundation. The foundation was set up to serve the District of 100 Mile House and Cariboo Regional District Electoral

Areas G (Lac La Hache/108 Mile), H (Canim Lake/Forest Grove) and L (Lone Butte/Interlakes). The foundation was set up to create a locally-managed endowment fund that would provide grant support to local community groups, in this case eligible non-profits in the South Cariboo. Northern Development also provided funding for community foundations in Fraser Lake, Fort St. James and 70 Mile in 2014.

Since inception, the Trust has approved $1.48 million in matching grants for 35 community foundation endowments throughout central and northern B.C. Check out the video above to learn more about the program!