CYL Funding & Bursary Opportunities
We have three funding opportunities available for youth wanting to attend CYL, but who may not have the means to do so. Learn more about them by clicking on the links below!
Established in 2009, in honour of the late Bernie Daly, GROWMARK, Inc. and the Ontario FS Co-operatives created the Bernie Daly Memorial Fund to support the continued growth of the Co-operative Young Leaders Program. The main objective of this fund is to provide a long-term pool of resources that will help support youth who cannot participate in CYL due to financial restraints or lack of sponsorship.
The fund is available to returning participants of CYL (i.e., entering their second or third year of the program). Participants who meet this criteria can download the Bernie Daly Fund Application.
if you would like to donate to the Bernie Daly fund, please direct the donation through the Ontario Credit Union Foundation's (OCUF) online portal, and a tax receipt will be issued automatically. Organizations or individuals in all co-operative sectors are invited to participate in the fund.
Watch the Bernie Daly Fund video to learn more.
The Guido Chezzi Bursary, created in 2015 by the Ontario Credit Union Foundation, is open to youth aged 13 to 14 years who are interested in starting CYL as as Explorer. As such, the fund is specific to first year participants of CYL only. It is offered to teens wishing to attend the program who are not already partnered with a co-operative or credit union, with the goal of sending a new participant each year. Participants who meet this criteria can download the Application.
THE DOROTHY WATSON CYL BURSARY
The Dorothy Watson CYL Bursary was created in 2019 by Central 1. On April 30, 2020 Central 1 and Alterna Savings & Credit Union announced that Dorothy Watson was the recipient of the 24th annual, 2020 Gary Gillam award, which celebrates exemplary social responsibility and sustainability within the Canadian credit union system. As sponsors of the award, Central 1 and Alterna donated $2,500 towards the charity of Dorothy’s choice - the Dorothy Watson Co-operative Young Leaders Bursary fund. View the release!