A new program has been launched in Squamish to advance poverty reduction and social inclusion. Squamish Community Foundation has announced that applications are now open for the Community Prosperity Fund.
Applications for the Community Prosperity Fund can be submitted until June 24, 2024. Charities, non-profit organizations and Indigenous-serving organizations whose work advances poverty reduction and social inclusion in local communities are encouraged to apply. For more information, visit the Vancouver Foundations page for the Application Guide, and Application Portal: https://www.vancouverfoundation.ca/grant-seekers/find-grants/communityprosperity-fund/
In a press release, the Squamish Community Foundation said the Community Prosperity Fund is a $25 million investment from the Government of B.C. that advances poverty reduction and social inclusion in local communities. The Government of B.C. recognizes that non-profits are vital to people and communities in B.C. They are important partners, often providing services to those made vulnerable in all corners of British Columbia. The press release noted that the Community Prosperity Fund will drive positive change in Squamish.
Announced on the inaugural B.C. Nonprofit Day, the Community Prosperity Fund is a unique funding structure that allows communities and organizations to decide how they use the funding and Squamish Community Foundation will ensure applications are reviewed at the local level.
The Community Prosperity Fund also responds to community needs by creating space to implement the funding for up to three years and supporting both operational expenses and project delivery funding. This ensures that non-profits can decide what would most benefit them and their communities.
“The Community Prosperity Fund will immensely benefit charities, non-profits and Indigenous-serving organizations in Squamish. We know these organizations improve our communities by advancing poverty reduction and social inclusion. If they thrive, we thrive. This means that this type of funding is essential for our community to grow and create communities where we all belong,” SCF said.
