Building on Non-Profit Infrastructure Projects
July 8, 2010
McGuinty Government Launches Community Capital Fund
Ontario is launching a new program to support infrastructure projects for non-profit organizations that serve cultural communities.
The new Community Capital Fund will support infrastructure projects that help Ontario’s non-profit organizations deliver important public services to diverse cultural communities. Diverse cultural communities rely heavily on non-profit organizations and their facilities. These include newcomer settlement services, multi-service community centres, performance venues, and cultural activity centres. Unfortunately, limited access to venues and cost barriers often prevent organizations from effectively delivering much needed services.Non-profit organizations currently receive funding for operating expenditures from various sources including government, philanthropic and private sector donors. However, they have inadequate access to funding for capital projects.
The $50 million fund will be administered by the Ontario Trillium Foundation. It will be used to invest in projects that support cultural communities and help revitalize community-based infrastructure.
The Community Capital Fund also supports the government’s Open Ontario Plan — a five-year plan to strengthen the economy and create more jobs for Ontarians.
QUICK FACTS
> Application forms, along with selection criteria, will be made available in September 2010.
> The program will fund up to 50 percent of total project costs, with a minimum contribution of $20,000 and a maximum of $500,000
> Projects must be completed by December 31, 2012.
LEARN MORE
> Find out more about the Ontario Trillium Foundation.
CONTACTS
Denelle Balfour
Communications Branch
416-212-3928
denelle.balfour@nullontario.ca
Alexis Mantell
Senior Communications Officer OTF
416-963-7918
Mukunthan Paramalingham
Minister’s Office
416-327-4365
mukunthan.paramalingham@nullontario.ca
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