On this episode, we learn about how the Canada Cultural Investment Fund (CCIF) matches endowment donations to create a sustainable funding source for arts organizations like Edmonton Opera and Ukrainian Shumka Dancers + Shumka School of Dance.

CCIF is a program created by the Government of Canada. Their Endowment Incentives component provides matching funds to endowments that support professional performing arts organizations.  ECF became a partner in this component in 2001. Since then, we’ve partnered with 21 local arts organizations to grow or start endowment funds that are held here at ECF. 

These participating organizations raise or contribute donations toward their endowment funds, and ECF co-applies to CCIF for those donations to be matched.  Since starting, we have raised over $21 million in donations with our partners. And have successfully received over $15 million in matching grants from the CCIF program. 

That means that since 2001, we have built over $36 million of endowment, creating a sustainable funding source that will support local arts far into the future. 

Links:

Learn more about the Canada Cultural Investment Fund (CCIF).

See what’s next for Edmonton Opera and Ukrainian Shumka Dancers + Shumka School of Dance.

ECF Happenings:

Find out how to create an Endowment Fund of your own.

Read the latest on our blog.

Check out some of the amazing funds our donors have created.

ECF Grants:

* Click here to see all ECF Grants.

Upcoming Student Awards:

* Click here to find details for all of our student awards!

The Well Endowed Podcast is produced by Edmonton Community Foundation.

Image for this episode is courtesy of Ukrainian Shumka Dancers + Shumka School of Dance.

Transcripts by Karli Drew.

The post Episode 153 – Investing in the Arts appeared first on Edmonton Community Foundation.