Island Savings Community Endowment

Expressions of Interest (EOIs) for the 2025 grant cycle are open until December 1, 2024.

The Island Savings Community Endowment was created by Island Savings Credit Union with a $2 million donation as a lasting legacy for the communities served by Island Savings.

The Island Savings Community Endowment provides grants through two funding streams:

Impact Grants for charities whose purpose aligns with one of the following Sustainable Development Goals: No Poverty, Zero Hunger, Heath & Well-being, Quality Education, Reduced Inequalities, Partnerships for the Goals. Impact Grants are available in amounts up to $15,000. Impact Grants are unrestricted funds available to organizations whose purpose is to improve people’s capacity and ability to care for themselves and their families, organizations that teach new skills, build individual resiliency, and/or foster an approach to an individual’s self-sufficiency. 

Capacity Grants are restricted funds to support an organization’s internal learning needs, team training, leadership development and infrastructure enhancements. Capacity grants are available in amounts up to $10,000 and alignment to the Foundation's selected Sustainable Development Goals is not a requirement. 

Types of projects considered:

• Leadership training
• Volunteer training
• Governance training and consulting
• Strategic and organizational planning support
• Internal workshops
• Infrastructure support (e.g., office equipment)

Click here to see our 2024 Island Savings Community Endowment grant recipients.

Applications will be considered using the following criteria:

• Preference is given to organizations the communities in which Island Savings operates (Brentwood, Chemainus, Duncan, Lake Cowichan, Mill Bay, Nanaimo, Salt Spring Island and Victoria).
• The Foundation's role is one of partnership and we welcome collaboration with other funders to help you advance your mission. 
• Organizations should benefit many and offer equal access.
• Funding is available to federally-registered charities and "qualified donees" as described by the CRA.

Application Process and Timeline

If you are interested in applying for a grant, please fill out our expression of interest form. If your organization fits within our criteria, you will be invited to submit a full application for a grant closer to the application deadline. If your submission falls outside of the Foundation’s granting abilities, you will be contacted. We reach out to community partners on an ongoing basis.