SVP Awarded Alberta Community Spirit Grant

Source:
Press Release
Event Date:
May 15, 2009

Social Venture Partners Calgary was proud to be a recipient of the Alberta Community Spirit Program for 2008 - receiving a grant of $25,000.  The goal of the Community Spirit Program is to help increase private charitable donations by individual Albertans to Alberta’s non-profit and charitable organizations. The program is donor-driven, meaning Albertans decide where they want the funding to go based on where they donate.

The Program received 1,592 applications from non-profit organizations - and of these, 1,496 were approved.  These organizations, including all of SVP Calgary's Investees, will share in a total of $19 million in grant funding. 

All of the approved 2008 applicants will have up to the first $10,000 of their eligible cash donations matched dollar for dollar. Individual cash donations between $10,001 and $25,000 are matched at a rate of 50 per cent and donations over $25,000 are matched at a rate of 22.67 per cent. This proportional grant will vary year to year depending on the eligible cash donations received by organizations and the program budget.

The donation grant is available to all eligible non-profit organizations and Canada Revenue Agency-registered charities incorporated and operating in Alberta. It is funded through the Alberta Lottery Fund. Budget 2009 confirmed an additional $20 million to continue the program in 2009.

For more information and a list of grantees, see the Culture and Community Spirit Section of the Alberta government.