HOME MISSION AND ADVANCEMENT COMMITTEE
INFORMATION ON GRANTS AND LOANS


Overview

Home Mission and Advancement Committee (HMAC) can offer various types of grants and loans, or support referrals to other funds. HMAC oversees the disbursement of grants and loans from within its own budget and from two independent funds, for members of CYM (and, in exceptional cases, attenders). Applications are normally reviewed at the next scheduled HMAC meeting. However, applications may be fast-tracked when time constraints dictated by circumstances outside the applicant's control require a decision before the next HMAC meeting.

Friends may be awarded an educational grant or loan only once in any three-year period. A combination grant and loan may be awarded. A Friend may only receive the Pendle Hill Scholarship once.

We have chosen to interpret "education" in a fairly broad sense. Examples include attendance at the FGC Gathering; and a theatre workshop (Britain Yearly Meeting).

Loans are interest-free. A loan repayment schedule is drawn up, tailored to the ability of the individual to repay. A repayment period of up to three years is the norm. Friends struggling with repayment obligations may apply to the HMAC Grants and Loans Officer to restructure their repayment schedule.

Grants and loans are only available to Members and attenders within Canadian Yearly Meeting. Applications to any of these funds must be accompanied by a Minute of Support from the applicant's Monthly Meeting. Friends receiving grants/loans from HMAC are expected to submit a report of their education experience, with possible publication in The Canadian Friend.


Funds under management of HMAC:

Quaker Studies Fund

This independent fund, managed by HMAC, is intended for Quaker education at a Quaker institution. A Quaker event or conference (e.g. Friends General Conference gathering) may also be considered. Awards from this fund do not exceed $1,000.

Pendle Hill Scholarship Fund

Click here for information

Funds under management of CYM Trustees

Sarah E. Richardson Fund

This fund, overseen by the CYM Trustees, is intended to support Friends travelling in the ministry in Canada.

Joseph P. Rogers Fund

This fund, originally intended to "aid aged ministers" is now interpreted as providing assistance to members of the Society of Friends who have rendered long and useful service to the Society.

Albert S. Rogers Fund

The purpose of this fund is undesignated and Trustees may make disbursements as appropriate. Trustees are prepared to consider awarding grants for new concerns from this fund.

Application Procedures

  1. Obtain a copy of CYM's "Grant or Loan Application" form from your Monthly Meeting, the CYM Office, or print it off this web page.
  2. Documentation must be complete before review can take place.
  3. Applications will be reviewed at the next HMAC meeting. HMAC meets in spring and fall. Applications should be submitted well in advance.
  4. Applications are considered on the following criteria:
    • individual merit
    • how the experience will enrich the life of the applicant, their Monthly Meeting and the Society of Friends
    • past loan repayment performance
    • relevance in relation to the applicant's current or potential economic circumstances
  5. An individual who has already received a grant or loan from the Quaker Studies Fund will not be eligible for a further award for a minimum of three years. An individual may be a recipient of the Pendle Hill Scholarship only once.
  6. Loan repayment schedules are based on the information provided in the application, and are tailored to the recipient's situation. We request that loans be repaid within three years.
  7. Grant recipients will be issued a T4 slip at year end.
  8. Friends who receive grants, loans or the Pendle Hill Scholarship are expected to write a brief account of their experience to HMAC for possible publication in The Canadian Friend.
  9. The application form should be used for application to any fund listed on this sheet.

Application Checklist

  • completed application form (for grants or the Pendle Hill Scholarship, be sure to include your Social Insurance Number)
  • Minute of Support from your Monthly Meeting (including consideration of financial support)
  • financial statement of anticipated revenues and expenditures associated with your request (except for the Pendle Hill Scholarship)
  • extra documentation to complete the picture of your intended activity, including a letter explaining how the educational experience will enrich the life of the applicant, their Monthly Meeting and the Society of Friends.

FORWARD APPLICATIONS TO:

Home Mission and Advancement Committee Grants and Loans Officer
c/o Canadian Yearly Meeting
91A Fourth Avenue,
Ottawa, Ontario, K1S 2L1


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Page last updated 2009-01-18 8:09 PM