Community Economic Development (CED) Funds
The mission of the Community Economic Development (CED) Funds is to contribute to financial security for Canadians and their communities through community economic development. The Funds support community economic development initiatives that lead to job creation and/or enhanced employability for marginalized youth and persons with mental health issues.
We support healthy communities in Canada through two complementary funds:
- Co-operators Fiftieth Anniversary Community Fund, which focuses exclusively on supporting registered charities;
- Co-operators Community Economic Development (CED) Fund, which supports non-profit organizations and co-operatives.
Since the Funds' inception in 1995, we have disbursed over $5.6 million through 308 grants. The 2016 Spring round granted $360,000 to 16 organizations providing economic opportunities to marginalized youth and persons with mental health challenges, helping them build capacity for self-reliance. Learn more about funded organizations in our 2015 CED Annual Report.
Every year The Co-operators Foundation and Co-op TV engages with an organization that has received funding through the CED program, and produces a video that highlights the organization and the great work that they do. Our latest video is on Megaphone, who produces a magazine that is sold by homeless and low-income vendors on the streets of Vancouver and Victoria. It offers individuals an opportunity to work and earn some money in a flexible arrangement that is empathetic to their circumstances.
Eligibility criteria and application process
The Co-operators Foundation CED Funds focus exclusively on investing in organizations that support marginalized youth (aged 16 – 34) and/or persons with mental health issues, through employability skills programming.
In an effort to deepen our impact with the organizations we fund, we continue to phase in elements of our new strategic plan.
For 2016 there will be 2 funding rounds
1) The spring funding round – applications due January 15, 2016 – This round is now closed
2) The fall funding round – applications due September 1, 2016 - This will be an invitation only funding round.