Coquitlam Foundation now accepting grant and bursary applications

Monday, January 9, 2012

COQUITLAM – The Coquitlam Foundation has announced it is now accepting applications from qualified individuals and organizations for grants, bursaries and scholarships.

The Foundation, which is celebrating its 20th anniversary in 2012, distributed more than $55,000 within the community last year. Detailed information and application forms are available on online at www.coquitlamfoundation.com. Deadline for applications is 4 p.m., Thursday, Feb. 23.

In addition to numerous bursaries and scholarships being made available to individuals, the Coquitlam Foundation has also announced that eligible community groups can apply for project grants totaling up to $3,500 for initiatives involving the arts, up to $1,000 for education, up to $2,000 for health and wellness, and up to $2,000 for heritage and conservation.

“For 20 years now, our goal has been to use targeted philanthropy to build a vibrant, sustainable and healthy community,” Coquitlam Foundation chair Colleen Talbot says. “As such, we are especially pleased to be able to assist the many worthy organizations and individuals who need funds to enrich our community or continue their education.”

Executive Director Dale Clarke notes the Coquitlam Foundation manages more than 20 donor-advised and foundation-directed funds, focusing on everything from the arts and heritage to literacy and gymnastics. The Foundation enjoys a thriving financial base, managing assets totaling more than $1.8 million.

The awards will be distributed at the Coquitlam Foundation’s Awards Night, May 29 at the Evergreen Cultural Centre.

Coquitlam Library ‘Friends’ make good use of literacy-fund grant

For two decades now, the Coquitlam Foundation has fulfilled its philanthropic mandate by distributing monies from foundation-directed and donor-advised funds to eligible community organizations and individuals.

One of last year’s grant recipients, the Friends of Coquitlam Public Library Society, provides a perfect example of how the Coquitlam Foundation is able to successfully match community philanthropy with community needs.

The story begins in 2009 with the establishment, by the Foundation and noted Coquitlam philanthropist Peter Legge, of the Peter Legge Literacy Endowment fund, which is designed to provide enhanced education and literacy opportunities for Coquitlam-area residents. The fund is one of almost a dozen and a half donor-advised funds managed by the Foundation.

Last year, following its receipt of a grant application from the Friends of the Library, the Foundation awarded the organization $3,500 from the Legge fund to help the Friends purchase new materials for the library’s Book Bus program.

The Friends, in turn, used the grant money to buy literature and DVDs for children, as well as adult-oriented fiction books and non-fiction titles on parenting, gardening, cooking, job-seeking, and home-repair.

The library’s Book Bus travels to two areas of Coquitlam: the Cottonwood area, which is home to a large number of new Canadians; and the Tri-City Family Place, where parents and children gather for mutual support, education and fun.

“We are truly grateful to the Foundation and Peter Legge for all their support,” says Jamie McCarthy, Friends of the Library secretary. “Thanks to the generous grant, we were able to continue our mandates to increase literacy and inspire a love of reading in the community.”

The Coquitlam Foundation is always pleased to accept donations, c/o P.O. Box 2, 1207 Pinetree Way, Coquitlam, B.C., Canada, V3B 7Y3, or through the Foundation’s website. The Coquitlam Foundation is registered with Canada Revenue as a charitable organization, No. 890762347 RR0001.