The Co-operators Foundation
In 2015, The Co-operators contributed a total of $5,807,106 to various initiatives that support Canadians and our communities. This number amounted to 3.5% of The Co-operators pre-tax profits using the Imagine Canada formula, which qualifies us as a Caring Company with Imagine Canada for demonstrating leadership in community investment.
To qualify for the Caring Company program, a company must contribute a minimum of 1% of its pre-tax profits to Canadian charities. One of the principal ways The Co-operators made this contribution was through The Co-operators Foundation, which includes the following programs:
In 2015, over $1 million dollars was donated to numerous social enterprises, co-operatives, charities and not for profit organizations across Canada through support of the United Way, and other corporate donations.
In 2015, a total of $461,750 was granted to 27 community-based organizations to develop sustainable practices and support programs that help disadvantaged Canadians move towards self-reliance. In 2016 to date, $360,000 has been granted to 16 organizations.
In 2016, $125,600 was granted to 10 emerging or expanding co operatives across Canada.
The IMPACT! Fund supports alumni of the IMPACT! Youth Program for Sustainability Leadership’s conferences and regional training workshops. To date IMPACT! alumni have received $678,498 in funding for their projects. Read about the recently funded youth leaders, and learn more about the IMPACT! program here.