The Co-operators Foundation

In 2012, The Co-operators contributed a total of $6.4 million to various initiatives that support Canadians and our communities. This number amounted to 4.62% of The Co-operators pre-tax profits using the Imagine Canada formula, which qualifies us as a Caring Company with Imagine Canada for demonstrating leadership in community investment.

To qualify for the Caring Company program, a company must contribute a minimum of 1% of its pre-tax profits to Canadian charities. One of the principal ways The Co-operators made this contribution was through The Co-operators Foundation, which includes the following programs:

Corporate giving program

In 2012 over $1 million dollars was donated to numerous co-operatives, not for profit organizations and charities across Canada through The National Co-op Challenge, support of the United Way, and special Committee Allocations; for example, the numerous post-secondary education programs we support across the country.

Community Economic Development (CED) Fund

In 2012, a total of $461,509 was granted to 24 community-based organizations to develop sustainable practices and support programs that help disadvantaged Canadians move towards self-reliance.

Co-operative Development Program (CDP)

In 2012, $150,116 was granted to 16 emerging or expanding co‑operatives across Canada.

IMPACT! Fund

To date IMPACT! student alumni have received $252,043 in funding for their projects.