New flexibility for Coquitlam Foundation grants

Saturday, December 14, 2013

COQUITLAM – The Coquitlam Foundation has launched its 2014 grant-application season with the news it has broadened its funding base to better meet the needs of local residents and community organizations.

Along with an announcement that it is now accepting applications for grants, bursaries and scholarships, the foundation disclosed it recently created the new Coquitlam Foundation Community Fund (CFCF).

“This exciting new fund amalgamates several older foundation-directed funds into one large, flexible fund,” foundation Chair Julie Fisher explained. “Previously, the structure of our foundation-directed funds made it increasingly difficult to provide grants in areas other than those related to arts and culture. With the new CFCF, we have now positioned ourselves to respond to a broad range of requests.”

Under the CFCF, the foundation will be better able to make grants in several areas, including: fine arts, performing arts and literacy; community wellness; culture; education; environment; and heritage.

Applications for grants, bursaries and scholarships are being accepted until 4 p.m., February 14, 2014. More information and application forms are available in the Grants & Bursaries section of the foundation’s website.

Executive Director Dale Clarke said successful applicants will be notified in May and will be invited to attend the Coquitlam Foundation Awards Celebration Evening at the Evergreen Cultural Centre on June 5, 2014. Last year, the foundation distributed $114,000 at its Awards Night.

In addition to its own foundation-directed funds, the organization manages 21 donor-advised funds on behalf of various groups, families and individuals. Its total endowment is now more than $2.5 million.

The Coquitlam Foundation is pleased to accept donations to any of its funds, c/o 1207 Pinetree Way, Coquitlam, B.C., Canada, V3B 7Y3, or through its website. The Coquitlam Foundation is registered with Canada Revenue as a charitable organization, No. 890762347 RR0001.