Making Positive Local Impact
Libro supports and partners with not-for-profit organizations to create a collective impact. Through community grants and impact partnerships, we help community members improve their financial security to comfortably meet their needs, achieve their goals, and have confidence in their financial future.
We focus our community funding on initiatives that strengthen the financial well-being of individuals and businesses, specifically programs with outcomes connected to:
- Business Creation & Growth: Supporting economic self-reliance and job creation by helping entrepreneurs start or scale their businesses.
- Employment: Assisting individuals in achieving meaningful work and overcoming barriers to employment.
- Financial Literacy: Strengthening financial knowledge and skills to improve financial awareness and decision-making for individuals or businesses
Apply HereLearn more about our current partnerships Guidelines
Guidelines
Eligibility
We support initiatives that:
- Align with our funding priority and the outcomes listed above
- Benefit communities where Libro has a business presence
- Have measurable goals and outcomes
We will consider applications from:
- Registered charities
- Provincially or federally registered not-for-profit organization
- Unregistered community organization
- Municipalities or public institutions
We do not fund:
- Individuals or private businesses
- Political parties/organizations
- Religious organizations (except for programs/services offered to the public on a nondenominational basis)
- Organizations that discriminate based on race, national or ethnic origin, color, religion, age, sex, sexual orientation, gender identity or expression, disability or other characteristics protected by law.
- Endowment or memorial campaigns
- Deficit or debt reduction expenses
- Retroactive expenses
- Ongoing operating expenses such as utilities, rent and insurance. Operating expenses related to a specific project such as equipment, marketing and salaries may be eligible
Evaluation Criteria
We evaluate funding applications with the following considerations:
- The initiative shows potential to improve financial well-being of individuals or businesses.
- The initiative has clear and measurable goals
- The organization is well-positioned (has the expertise and resources) to deliver the project as described
- The key milestones outlined in the application are clear and attainable
- The project budget is reasonable relative to the project scope
- There is opportunity for Libro to increase awareness of our brand, Purpose, and the products and services we offer.
- We will prioritize projects that support environmental sustainability, as well as those that promote equitable opportunities for underserved or marginalized groups, including Indigenous peoples.
Please note that we receive far more applications than we can fund in any given year. While we review every application, alignment with these criteria does not guarantee funding.
Application and timeline
- Organizations must apply online through the link below.
- Applications are accepted year-round and reviewed four times a year in February, May, August and November. To be considered in a particular month, applications must be submitted by the 15th.
- Funding decisions will be communicated in March, June, September and December.
- Only one contribution will be awarded to an organization per calendar year. For multiple initiatives, organizations should submit a single application that includes a complete list of all initiatives.
Frequently Asked Questions
- What is a Community Grant and what is an Impact Partnership? Community grants are one-time financial contributions for specific initiatives, while Impact Partnerships are multi-year agreements for longer-term projects. The application link for both is the same.
- What happened to the Annual Grants program? Going forward we will accept grant applications throughout the year, and these will be reviewed four times a year.
- Can I just go to my local branch and apply there? We do not accept applications through branches. All applications must be submitted through the online application portal.
- How can I apply for a sponsorship? Please visit our sponsorships page for information and guidelines regarding sponsorships
Application link coming soon!