Prospera Foundation

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Local banking means making a difference in our local communities.

Strengthening our local communities

The Prospera Foundation is one of the largest credit union foundations in Canada and supports local programs and projects that help make our communities stronger and more inclusive places to live. The Foundation is guided by a dedicated Board of Directors and Senior Executives of Prospera Credit Union and is a registered charity with the Canada Revenue Agency.

Established in 1992, the Foundation has contributed more than $5.8 million in financial support to local organizations. With over $9.1 million in assets, the Foundation receives all its capital from the credit union and income earned on this capital helps fund donations to a variety of charitable organizations in our communities each year.

The Foundation supports charitable projects and programs in the areas of:

Local Business

We contribute to the growth of the local business ecosystem in our communities

Back to work or career transition services
Volunteer services
Optimizing local business presence in communities

Health

We support charities offering preventative wellness services

Mental health
Physical wellness
Work/life balance

Education

We provide our community with the foundations to reach their goals

Financial literacy
Mentorship programs
Entrepreneurship

Qualifying for a grant

Applicants must hold charitable status with the Canada Revenue Agency and operate in, or benefit community members within one or all of the 11 communities Prospera serves. If you are seeking sponsorship or donation support, visit our Local Support page.

Applications have now closed.

Important dates

Given budget limitations, some programs or projects are beyond the granting scope of the Foundation regardless of their merit. However, we'll ensure that every application is reviewed carefully and evaluated against set criteria to ensure funds are invested carefully.

	2024 Application Dates
Application period opens	May 20
Deadline for submissions	July 22
Board meeting	Early September
Applicant notified of funding decision	End of September
Grant funding received	October