Today, Nanaimo Foundation is pleased to announce $635,000 in funding to support nine projects in Nanaimo, Ladysmith, Cedar, Gabriola Island, and Lantzville through the Government of British Columbia’s Community Prosperity Fund. In addition to the projects funded in the Nanaimo region, Nanaimo Foundation has partnered with Kw’umut Lelum Foundation to deliver $200,000 in funding to three organizations in the Cowichan Valley. This brings the total amount funded to $835,000.
The Community Prosperity Fund is a $25 million investment from the Government of B.C. that advances poverty reduction and social inclusion. The fund was announced on the inaugural B.C. Nonprofit Recognition Day. This fund is part of the Government of B.C.’s commitment to supporting the non-profit sector and empowering local communities to make decisions about what would most benefit them and their communities.
Through the Community Prosperity Fund, funded recipients have an opportunity to implement the funding over up to three years and support operational expenses or project delivery. The Community Prosperity Fund supports vital non-profits that serve communities in B.C. Recipients funded are important partners, often providing services to those made vulnerable in all corners of British Columbia.
Nanaimo Foundation is especially grateful to Sheila Malcomson, Minister of Social Development and Poverty Reduction for her efforts in making this vital funding possible.