Community Foundations of Canada

$23,900,000.00 CAD

≈ $0.58 for every person in Canada ≈ 309 Canadians' average pay for a year
Department
Employment and Social Development Canada
Program
Recipient country
Canada
Fiscal year
2019-2020
Agreement period
August 24, 2019 – June 30, 2021
Reference
esdc-edsc:141-2019-2020-Q2-00136

Published purpose

The objective of the IRP is to improve the ability of (SPO)s to participate in the social finance market (i.e. secure a repayable investment), as well as to engage in procurement and outcomes-based funding opportunities by: • Enabling SPOs to gain a variety of skills and competencies along the investment readiness continuum; • Supporting the readiness of established expert services providers to provide nation-wide capacity-building services to SPOs in one or more key area along the investment readiness continuum; and • Supporting the advancement of Canada’s SI/SF ecosystems by responding to identified system-level gaps (e.g. building the capacities of social finance intermediaries, advancing impact measurement, and supporting SI/SF awareness and knowledge mobilization).

In plain English AI-generated

This federal contribution supports Community Foundations of Canada in helping social purpose organizations build skills and capacity to access social finance, procurement, and outcomes-based funding, as well as strengthening Canada's social innovation and social finance ecosystem.

Category: Other Primarily funds activity in Canada

Based on the published description. See how AI categorization works — the linked official record is authoritative.

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View official source record Imported August 3, 2026 from open.canada.ca Grants & Contributions