Community Investment Funds

As a member-owned cooperative, one of the ways we return profits to our members is by investing in the communities we serve. Our annual Community Investment Funds are an opportunity for local groups to apply for funds that will make an impact in our community.  

Community Investment Funds are different from our donation and sponsorship program. First, each year the size of the funds are calculated based on the size of our business; as our business grows, so does the amount we are able to award. Second, the successful applicants are chosen from a volunteer panel of employees and managers – giving all of our employees an opportunity to weigh-in on the projects that will affect the community they serve. Finally, Community Investment Funds are only available once per year. Applications are accepted in February and March; successful applicants are announced at our annual Annual General Meeting held in Powell River in May.

Prior to submitting your Community Investment Fund application, please review the Community Investment Fund application guidelines.


2017 Community Investment Fund recipients Expand/Collapse


Westview Agencies Community Impact Fund:

  • Powell River Technology Co-op (awarded $1,200):
    The project is an interactive public art installation for multiple public events, allowing PR Technology Co-op to start dialogues with the public about the accessible technology that the project was built around. This fits into the greater PR Technology Co-op mandate to promote technological product development in Powell River by providing opportunities and assistance learning new technology.

First Credit Union and Insurance Community Investment Funds:

  • Powell River Therapeutic Riding Association (awarded $4,600):
    Will be using the funds towards building a much needed two-stall shelter beside their existing barn. The PRTRA works collaboratively within our community to provide therapeutic horseback riding for children and adults with physical, mental, emotional, and learning disabilities. 
  • Cumberland Market (awarded $1,000):
    The Cumberland Market is intended to provide Cumberland residents with access to fresh local food, encourage Cumberlanders to grow (and sell) their own food, and increase awareness around food security. The money will help support the Cumberland Coupon program which gives Cumberland residents in need $20 in market coupons each week to spend on fresh whole foods.
  • Coal Hills BMX (awarded $1,000):
    Coal Hills BMX is hosting the 2017 Vancouver Island Nationals this June. The event attracts riders from across Canada and the US, positively impacting local riders, the community and local businesses. The funds will go towards upgrades and maintenance of the track and building repairs.
  • Vanier Community Garden (awarded $2,700):
    The Vanier Community Garden is a project that will provide growing and educational space to students at Vanier High School during the school year and to community members and organizations during the summer months. Their aim is to create an outdoor learning space that will serve as a model to the rest of the community.
  • Texada Food Bank (awarded $500):
    Texada Food Bank is open twice a month; they provide balanced, nutritious food support to those in need.
  • Bowen Island Museum and Archives (awarded $1,000):
    Bowen Island Museum and Archives is creating an attractive garden pathway that will be wheelchair accessible providing seniors located further down Senior Rd to have safe access to the heart of Snug Cove Village. They are including several park benches and gardens along the way. Outdoor artifacts and archival photos will be displayed is designated areas for community interest and education.

2016 Community Investment Fund recipients Expand/Collapse

  • Powell River Child, Youth & Family Services (Recreation Wednesdays): $4,400
  • Comox Valley Therapeutic Riding Society (Barn Buddies): $2,700
  • Texada Food Bank: $650
  • Cumberland 50 Plus H.U.B. Society: $1,400
  • Coast Animal Welfare and Education Society (CAWES): $1,000
  • (Westview Agencies Fund) PR Community Resource Centre (Monday Brunch): $1,200

2015 Community Investment Fund recipients Expand/Collapse

  • Powell River Hospice Society: $4,150
  • Texada Island Health Services Society (Cancer Group): $650
  • CV Family Services Association (Creating Calm Program): $2,700
  • Cumberland Community Schools Society (Mamacentric Program): $800
  • Bowen Island Snug Cove House Society: $850
  • (Westview Agencies Fund) Assumption Soup Kitchen: $600
  • (Westview Agencies Fund) Kaleidoscope Art Collective: $600

2014 Community Investment Fund recipients Expand/Collapse

  • Powell River Family Place: $4,000
  • Courtenay Elementary School Friendship Garden: $2,700
  • Texada Island Library: $650
  • Cumberland Motorcycle Roundup: $700
  • Bowen Island Community School PAC: $750
  • (Westview Agencies Fund) Powell River Parks & Wildnerness: $600
  • (Westview Agencies Fund) Powell River Council for Arts, Culture & Heritage: $600
    If you have any questions please contact marketing@firstcu.ca.


    Community Investment Fund Application Guidelines Expand/Collapse

    Consideration for donations and sponsorships is given to those applications that meet the following criteria:
    • Applicants are community-based, non-profit, volunteer, public service, or charitable organizations
    • Proposals focus on at least one of the focus areas described below;
    • Applicants serve the communities of Powell River, Texada, Comox Valley, Cumberland or Bowen Island.


    Consideration cannot be given to those applications:
    • Where only one individual benefits;
    • Where funding supports travel costs;
    • Where funding will be used for operation costs;
    • Where the project is for-profit
    • Where the primary purpose of the project is to promote a specific religious, social, political, or economic point of view;
    • That represent a conflict of interest for First Credit Union, specific programs which are considered to be controversial, or where First Credit Union considers the issue to be one that our members may have significantly divergent views.


    Fund applications related to the following focus areas are welcomed:

    Access and inclusion: These projects increase access to opportunities that contribute to the ability of individuals and communities to fully participate in the local culture and an enhanced quality of life. Examples could include arts and culture and recreation programs.

    Community learning: These projects improve the accessibility of learning opportunities and address education, learning, or training gaps in our communities - especially for those with special needs or barriers to learning. Projects could include workshops or education/training seminars.

    Economic revitalization: These projects improve the economic well-being of individuals and communities. Projects could include poverty reduction; housing; organizational and community capacity building; and social enterprise (non-profit organizations operating a business)

    Community transformation: These projects engage citizens, neighbourhoods, and organizations in our communities. Projects could include programs that support volunteering, community work, or empowering residents to help make our communities the best they can be.
     

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