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Endowment Incentives – Canada Cultural Investment Fund

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Value

request funding up to $2,000,000

Description

Canada Cultural Investment Fund – Endowment Incentives component encourages private donors to contribute to endowment funds for not-for-profit professional arts organizations, so they can access new sources of funding in the future. Raising capital and creating endowments gives these organizations greater capacity for realizing artistic expression by supporting their long-term stability.

Eligible Applicants

Your application must be submitted jointly by a not-for-profit professional arts organization and an associated foundation. Each of these two parties must meet the respective eligibility criteria. The foundation becomes the recipient of the matching funds; the not-for-profit professional arts organization is the final beneficiary of the income generated from the foundation’s investment.

Eligible Expenses

Eligible applicants receive funding from us to match the funds raised from private donations, up to a maximum of one dollar for each dollar raised (see also Limits of government assistance section below).

To be considered for matching funds, donations must come from private sources. These can include non-governmental sources such as gifts from individuals, corporations, or non-government foundations.

Funds can also include an amount an arts organization has decided to donate in perpetuity, out of its own assets, to the endowment fund held by its associated foundation.

Deadline Date

December 1; When an application deadline falls on a Saturday, Sunday, or a statutory holiday, it is extended to the following working day.

Contact

Contact Name: Department of Canadian Heritage - Canada Cultural Investment Fund

Phone Number: 819-997-3955 or 1-866-811-0055 (toll-free)

E-mail Address: patrimoinecanadienfcic-canadianheritageccif@pch.gc.ca

Website: https://www.canada.ca/en/canadian-heritage/services/funding/cultural-investment-fund/endowment-incentives.html

Industry:

Arts and Culture, Non-Profit

Location:

Alberta, British Colombia, Manitoba, New Brunswick, Newfoundland, Nova Scotia, Nunavut, NWT, Ontario, PEI, Quebec, Saskatchewan, Yukon

Tags:

Endowment

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