Ontario Trillium Foundation launches $80 million non-profit recovery fund
Why It Matters
Canadian charities have lost a third of their revenues so far this year. Meanwhile, more than half say they’re spending the same amount of money — and 15 percent are spending more to either adapt to the pandemic or respond to rising demand for services. This new fund from one of Canada’s largest grantmakers will help Ontario organizations pivot and adapt.
As the COVID-19 pandemic devastates the non-profit sector, one of Canada’s largest grantmaking organizations is launching a fund to help Ontario’s non-profits adapt and make a full recovery.
The Ontario Trillium Foundation (OTF) is repurposing $80 million from its Growth and Capital grants to create the Resilient Communities Fund, a pool of money to help organizations retrain staff, reimagine fundraising strategies, and purchase personal protective equipment – better equipping them to handle programs in the post-pandemic world. Successful applicants will receive anywhere from $5,000 to $150,000 to shore up these costs.
“We knew that these were really challenging times and that we couldn’t just proceed with our regular granting programs,” says Sonia Dayal, community investments director at the OTF. “We really wanted to come up with something to help
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