From the Ontario Trillium Foundation (OTF News):
Building on Non-Profit Infrastructure Projects
McGuinty Government Launches Community Capital Fund

Ontario is launching a new program to support infrastructure projects for non-profit organizations that serve diverse cultural communities.

The new Community Capital Fund will support infrastructure projects that help Ontario's non-profit organizations deliver important public services to diverse cultural communities. Diverse cultural communities rely heavily on non-profit organizations and their facilities. These include newcomer settlement services, multi-service community centres, performance venues, and cultural activity centres. Unfortunately limited access to venues and cost barriers often prevent organizations from effectively delivering much needed services.

Non-profit organizations currently receive funding for operating expenditures from various sources including government, philanthropic and private sector donors. However, they have inadequate access to funding for capital projects. The $50 million fund will be administered by the Ontario Trillium Foundation. It will be used to invest in projects that support diverse cultural communities and help revitalize community-based infrastructure.

The Community Capital Fund also supports the government's Open Ontario Plan <http://www.elabs7.com/c.html?rtr=on&s=lwo0o5,m55a,8fs,blay,6wk6,5em3,74xy > - a five-year plan to strengthen the economy and create more jobs for Ontarians.

QUOTES

"Not-for-profit organizations deliver important public services to diverse cultural communities and contribute greatly to the social and economic development of this province. This new fund strengthens our diversity, supports local economic development, and creates more jobs for Ontario families." - Michael Chan, Minister of Tourism and Culture
"The Community Capital Fund will further enhance the Foundation's capacity to build healthy and vibrant communities across Ontario. We have good working relationships with and extensive knowledge of community groups which will contribute to making this program a success" - Helen Burstyn, Chair of the Ontario Trillium Foundation's Board of Directors

QUICK FACTS

* Application forms, along with selection criteria, will be made available in September 2010
* The program will fund up to 50 percent of total project costs, with a minimum contribution of $20,000 and a maximum of $500,000 * Projects must be completed by December 31, 2012