Cochrane Five Year Strategic Plan | Page 97

Town of Cochrane Strategic Plan – Final Report October 2014 Appendix E: Funding Programs 1. The Ontario Trillium Foundation The decision to fund all or part of a request for funds depends on how well an application fits with the Foundation's sector priorities. The Grant Review Team also looks at desired outcomes, the local areas of granting focus, assessment criteria as well as the ov erall demand and granting budget in the catchment area. The four sectoral areas are Arts and Culture, the Environment, Sports and Recreation and Human and Social Services. Within those areas, the Cochrane District’s granting focus is on: • Community Engagement. • Overcoming remote location challenges. • Facilitating access to Seniors, Youth, Francophones and Aboriginal People. • Sustainability and Social Entrepreneurship. The Community Program provides grants for proposals that have primarily a local impact. The Foundation makes grant investments of up to $375,000 over five years. This can include up to $75,000 per year for operating or project expenses and up to $150,000 over one or more years for capital initiatives such as building renovations and/or equipment purchases. This program is delivered by staff and volunteers located in 16 catchment areas across the province. Each catchment area has local staff supported by Grant Review Teams made up of between 18 and 25 local volunteers that help assess applications by examining how well proposed activities fit with OTF's granting priorities and assessment criteria and meet local needs. The Province-Wide Program makes grants of up to $1.25M over five years. This can include up to $250,000 per year for five years for operating and project expenses and up to $150,000 over one or more years for capital initiatives such as building renovations and/or equipment purchases. The decision to fund all or part of a request depends on how well an application fits with OTF's priorities and assessment criteria as well as the overall demand and granting budget in the Province-Wide Program. Staff delivers this program and a volunteer Grant Review Committee made up of members of the OTF Board of Directors. Applications are reviewed to determine how well proposed activities fit with the Foundation's priorities and assessment criteria and how well they meet provincial needs. See the website information. at http://www.otf.ca/en/applyForaGrant/community_grants.asp for more 2. FedNor’s Community Economic Development Fund This program funds activities related to community economic development, including those that leverage key economic sectors, such as mining and forest industries, tourism, agri-food, 95