At Innovation, we’re more than just a group of people helping you with your banking needs. Credit cards, mortgages, loans, and no-fee bank accounts aside, we pride ourselves in being part of the communities we serve.
We believe that funding local projects can leave a long-lasting impact. Our community development grant program was initiated with a sole objective in mind - making a difference by improving the social, economic, cultural, and environmental state of the communities we serve.
Take Southwest Saskatchewan Pride – Drop-In Centre for example. It was an absolute honour to award them a grant, which was used to help furnish their new location. It is the hope of Southwest Saskatchewan Pride that the Drop-In Centre will be used for everything from a gathering place to an information centre. "The moment we officially formed our group, Southwest Saskatchewan Pride set a long-term goal of opening a Pride drop-in centre in our community. We dreamed of a gathering space that felt inclusive, welcoming, and safe; that would provide education and information to members and allies; that allowed youth and adults to be celebrated just as they are.” – Southwest Saskatchewan Pride. Supporting the development of the community is something Innovation Federal Credit Union takes very seriously.
The Innovation Federal Credit Union Community Grant Program is intended for one-time project-based proposals in which financial assistance is required to start something new or to assist with large purchases that are not normally possible.
Can I apply for a grant?
If your organization is eligible, we’ll consider you and your project with all other applicants for the year. The applying organization must be an Innovation Federal Credit Union member and projects must be completed within two years of receiving funding.
Eligible Organizations
- Canadian Registered Charities
- Non-profit Organizations
- Municipalities
- Educational Institutions*
- Licensed Early Learning and Childcare Centres
- Sport and Recreation Associations
*Innovation Federal Credit Union will provide funding to Education Institutions for the following initiatives and/or projects: after-school programs, playground structures, science fairs and student clubs and organizations.
More grant details
The minimum funding request per organization is $2,500/year. The maximum funding request per organization is set at $25,000/year.
We’d like to specify a few key details with regards to this grant:
- Only 1 application per organization will be considered for review annually.
- We welcome all applicants to re-apply the following year.
- The funding may be granted in full or in part.
- You may be eligible for additional funds if you’re applying for a grant in Pierceland, SK or Goodsoil, SK. Please remember to check both the Community Grant and Legacy Fund options on the form when you apply.
When can I apply?
Innovation Federal Credit Union’s grant runs every year. Organizations can apply anytime between March 1st to June 1st of each year. Any submissions after June 1st will not be considered.
The next step is submitting your application. The hard-working members of the Community Grant Committee will be reviewing each application carefully and selecting the successful applicants. Successful grant applicants will be notified by June 30th.
How do I apply?
Simply complete our online application form before the June 1st deadline. All Community Grant applications must be submitted through our online application to be considered for funding. The online application is easy to follow and takes very little time to complete.
Here's a glimpse at some of the details you'll need to share on the application:
- Your Innovation Federal Credit Union member number
- Your charity registration number (if applicable)
- Contact information
- Project details
- How your project will improve your community
- Funding details such as budget and other funder information
- Recognition benefits available if your project is selected
If you have any questions, you can always call us at 1.866.446.7001 or email community@innovationcu.ca. We’d be happy to help answer any questions you have with your application.
Past Recipients
Here's a list of the 2022 Community Grant Program recipients.
We can’t wait to see what you’ve got in store for us!