Jubilee Fund | Grant Opportunity
The Jubilee Fund helps finance the work of social enterprises, non-profits, cooperatives or charities that support Manitobans affected by poverty. Jubilee fund is a charity, and Manitoba’s only charitable ethical investment fund.
How it Works
Manitobans invest in Jubilee Fund using a GIC model. Investments are pooled into an interest-bearing account. Qualifying organizations receive loan guarantees, direct loans or bridge financing.
Organizations repay loans (which builds their credit and/or assets!) We use repaid loan funds to provide more financing to more organizations helping fight poverty.
Examples of poverty reduction work:
- job creation
- job readiness training
- support for youth coming out of care
- rent-geared-to-income housing
- newcomer settlement
- subsidized childcare
- services for people with intellectual or physical needs
- mental health services
- financial counselling
- tutoring