Hamilton Future Fund

Hamilton Future Fund

The Hamilton Future Fund was created in 2002 when Hamilton Hydro was sold for $137 million dollars. The money was put into two reserves:

  • $100 million invested to provide income which will be used to fund various projects and initiatives.
  • $37 million to provide funding for various City and community organizations, projects and initiatives. 

The Hamilton Future Fund is currently not accepting applications. Any future application details about the funding process will be posted here.

Hamilton Future Fund Board Membership

Composed of: The Mayor, three members of City Council and 13 citizens at large
Reports to: General Issues Committee

  • Mayor Fred Eisenberger
  • Councillor Nrinder Nann
  • Councillor Terry Whitehead
  • Councillor Judi Partridge
  • Councillor Arlene VanderBeek
  • Piero Cherubini
  • Tara Crugnale
  • Gerry Davis
  • Megan Dickson
  • Anthony Frisina
  • Cam Galindo
  • John Kirkpatrick
  • Anthony Macaluso
  • Sonja Macdonald
  • Evelyn Myrie
  • Sherry Parsley
  • Thomas Weisz
  • Erica Bozzo

When are the Board of Governors selected?

At the new term of Council, a public notice is posted to indicate the need for members on the Board of Governors. Anyone can apply to be on the Board of Governors.

Mission Statement

To create and protect a permanent legacy for current and future generations of Hamiltonians to enjoy economic prosperity and improved quality of life.

Guiding Principles

  • Investments provide permanent community benefit
  • Investments improve the economic prosperity of Hamiltonians
  • The fund should be self-sustaining
  • Investments should achieve specific, measurable results
  • Fund Management should include a clear accountability framework
  • Fund Management should be transparent and include community consultation

2018/2019 Future Fund Recipients

  • 91st Highlanders Athletic Association - $150,000 for the installation of spectator bleachers and an outdoor gazebo structure at the Ray Lewis Track & Field Centre (Mohawk Sports Park)
  • Ancaster Tennis Club - $206,000 for the construction of a Tennis Dome
  • Beach Canal Lighthouse Group - $400,000 for the Restoration of the Hamilton Beach Strip Canal lighthouse and Keepers house conditional on the transfer of ownership from the federal government to the Hamilton Port Authority
  • Hamilton Conservation Foundation - $100,000 for the construction of a Canal Park Viewing Platform
  • Hamilton Malayalee Samajam - $358,000 for the conversion of a sports field into a cricket field at 1095 Woodburn Road
  • Living Rock - $34,182 for kitchen improvements
  • Margaret's Place Hospice - $250,000 for the construction of the main dining/lounge common area in a residential hospice

2017/2018 Future Fund Recipients

  • Cancer Assistance Program - $93,000 for the purchase of ride scheduling software
  • City Kidz - $102,000 for the kitchen equipment project
  • City of Hamilton - $42,500 for a Feasibility Study for an Albion Falls South Access and Viewing Platform
  • Hamilton Air Force Association - $67,000 for accessibility upgrades and a walk-in cooler
  • Hamilton Olympic Club - $35,000 for the purchase of an electronic scoreboard
  • Royal Botanical Gardens - $93,000 for the construction of a 3-season pavilion
  • St. Joseph’s Healthcare Hamilton Foundation - $675,000 for the purchase of orthopaedic robotic surgery equipment
  • Theatre Aquarius - $196,000 for accessibility upgrades
  • Westdale Cinema Group - $250,000 for theatres renovations

2016 Future Fund Recipients

  • Art Gallery of Hamilton - Curator of Film received $107,000
  • Green Venture - Hamilton Alleyway Project received $33,000
  • Industry Education Council of Hamilton - Hamilton Code Club received $86,000
  • Living Rock Ministries - Harvest Sandwich Shop received $36,940
  • Neighbour to Neighbour Centre - Community Food Centre received $100,000
  • Rygiel (Supports for Community Living) - Paving and Installation of Canopies at the Resource Centre and Administration Building received $150,000
  • Stewards of Cootes Watershed - Watershed Clean Up Events received $48,221
  • The Bridge (From Prison to Community) - Bridge House Transformational Project received $58,529.86
  • Troy/Lynden Branch of the Federated Women’s Institute of Ontario - Troy School House Restoration Project received $78,125
  • Victoria Curling Club - Upgrades/Renovations for 150th Anniversary received $109,719
  • YMCA of Hamilton/Burlington/Brantford - Y on Wheels approved in the amount of $125,000

2014 Future Fund recipients

  • Centre 3 for Print and Media Arts (The Print Studio) – Digital Studio, Editing Suite and Social Enterprise Project received $40,000
  • Hamilton Naturalists Club – Pollinators Paradise Project received $80,000
  • Hamilton Public Library – “Love Your City, Share Your Stories” received $150,000
  • Hamilton Victory Gardens – Development of Two Garden Sites received $70,000

2013 Future Fund recipients

  • Village Theatre (Waterdown) received $41,574
  • Mustard Seed Co-operative Grocery received $25,000
  • St. Joseph’s Villa Foundation received $400,000
  • Bay Area Restoration Council received $40,000
  • Hamilton Naturalist’s Club received $24,110
  • Waterdown Memorial Hall received $600,000