The Co-operators Foundation

In 2011, The Co-operators contributed a total of $6.1 million to various initiatives that support Canadians and our communities. This number amounted to 3.6% 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 2011 over $1 million dollars was donated to numerous charities, not‑for‑profit organizations and activities across Canada through our Directed Donations program, 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 2011, a total of $419,918 was granted to 23 community-based organizations to develop sustainable practices and support programs that help disadvantaged Canadians move towards self-reliance.

Co-operative Development Program (CDP)

In 2011, $115,800 was granted to 11 emerging or expanding co‑operatives across Canada.

IMPACT! Fund

To date IMPACT! student alumni have received $165,425 in funding for their projects.