Community Investment Fund

Funding the futures of our communities

The Interior Savings Community Investment Fund provides seed money or one-time financial support to help launch sustainable programs that empower people in our communities with the knowledge, skills and confidence required to achieve their potential. Eligible projects must have a far-reaching, positive impact on the community and a plan to be self-sustainable.

The application must clearly demonstrate how the project will further one or more of Interior Savings’ four community impact objectives:

  1. Empowering parents with young children
    If given the right tools, we believe parents can make a remarkable difference in setting their children up for success in life (that covers emotional, social and financial success). We’re focusing our efforts in support of programs that give parents the tools they need to help their children.
  2. Maintaining mental wellness through all stages of life 
    Mental wellness has a significant impact on a person’s quality of life and ability to achieve their potential. More can be done to encourage members of our community to take action to protect not only their physical health but also their mental health.
  3. Maintaining social connection with age 
    As we age, there is a tendency to become more isolated which is detrimental to one’s health and happiness. We’re working to stay connected as a community and to help prevent social isolation with age.
  4. Supporting a strong, cooperative local economy 
    When local people and businesses work together with a goal of creating social good, new solutions to community issues can be uncovered. We support cooperation through cooperative development. We also support programs that foster collaboration and innovation among local organizations with the goal of creating stronger, more vibrant communities.

Allocations typically range between $3,000 and $15,000 depending on the scope and scale of the project and the anticipated impact on the community and surrounding areas.

Criteria Expand/Collapse

Applicants for Interior Savings’ Community Investment Funding will only be considered if they are:

  • Community-based, non-profit, volunteer, public service, or charitable organizations
  • Aligned with Interior Savings’ community impact objectives
  • Serving Okanagan, Thompson and Nicola Valley communities (Osoyoos, Oliver, Okanagan Falls, West Kelowna, Kelowna, Lake Country, Vernon, Chase, Kamloops, Barriere, Clearwater, Ashcroft, Lillooet, or Merritt)

Project Funding Principles Expand/Collapse

Projects must demonstrate some or all of the following principles:

  • Promotion of empowerment, collaboration, and community participation
  • Enhancement of the assets of a community
  • Sustainability
  • Demonstrable community-wide benefits
  • Support of community transformation
  • Capacity to leverage additional funding and community resources
The fund is not intended for:
  • Capital projects (infrastructure like buildings, playgrounds etc.)
  • For-profit projects
  • Operation costs (such as staff wages, facility rentals, travel, food, or other consumable supplies)
  • Annual funding
  • Projects that impact a limited amount of people
In addition, we are unable to assist programs that: 
  • Take place outside of our market area
  • Are controversial, or have political or religious affiliation
  • Are retroactive in nature
  • Only benefit one individual
  • Represent a conflict of interest for Interior Savings, i.e. specific programs which are considered to be controversial, or where Interior Savings considers the issue to be one about which our members may have significantly divergent views

Application and Approval Process Expand/Collapse

Interested applicants are asked to use our online application form to provide project highlights such as:

  • The amount of funding requested
  • Detailed information about how the funding will be spent
  • How the project supports one or more of our community impact objectives
  • The number of individuals to benefit from the project
  • Any other funding that is pending or confirmed
  • How the program will be sustained moving forward
  • How you will share your story of impact with the community and how Interior Savings will be recognized for our support

Fund Timelines Expand/Collapse

Fund allocations occur twice a year, once in the spring between May and June and once in the fall between November and December. Applications can be submitted anytime throughout the year although we encourage applicants to apply at least 30 – 60 days prior to the allocation timelines.

The Fall 2017 deadline to submit a request has closed. Submissions for our Spring 2018 intake must be received by March 30, 2018. Following an initial review applicants may be asked for additional information.

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