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ICD-RBC Foundation Scholarship

Q: How much funding can be received?

ICD-RBC Foundation Scholarship Funds up to 2500% of admissible expenses.

Q: What is the deadline to apply?

The program is accepting continuous intake

Q: Is the ICD-RBC Foundation Scholarship a grant, loan, or tax credit?

ICD-RBC Foundation Scholarship is a Grant and Funding

Q: Who are the financial supporters of the ICD-RBC Foundation Scholarship?

ICD-RBC Foundation Scholarship is funded by Royal Bank of Canada (RBC)

Q: Who is eligible for the ICD-RBC Foundation Scholarship program?

To be eligible for the ICD-RBC Foundation Scholarship program, you must: • Be a registered charity. • Mission improves outcomes for the community served. • Preference: equity-seeking organizations serving underrepresented groups.

Q: Who can I contact for more information about the ICD-RBC Foundation Scholarship?

You can contact Royal Bank of Canada (RBC).

Q: Where is the ICD-RBC Foundation Scholarship available?

The ICD-RBC Foundation Scholarship program is available across Canada.

Last Update: January 29, 2026

Canada

Needs-based scholarship enabling registered charity leaders to access governance training

Grant and Funding

At a glance

Funding available

Financing goals

No objectives are currently available

Eligible Funding

Maximum amount : 2,500 $

Timeline

Unspecified

Eligible candidates

Eligible Industries

Educational services
Other services (except public administration)
Public administration

Location

Canada

Legal structures

Non-profit

Annual revenue

All revenue ranges

Organisation size

All organization sizes

Audience

Other Racialized Persons
Canadians

Non-profit candidates

Sector of operation

All industries

Target groups

All the groups

Revenue structures

All structures

Scope

All dimensions

Overview

The ICD-RBC Foundation Scholarship provides up to $2,500 in needs-based funding to help board directors or Executive Directors from registered charities strengthen governance oversight. It supports eligible participation by covering enrollment costs for the two-day ICD-Rotman Governance Essentials Program (GEP), with recipients responsible for applicable taxes and any out-of-pocket expenses.

Activities funded

Participation in the ICD-Rotman Governance Essentials Program (GEP) for foundational board governance education.

Eligibility

The applicant must be a board director or Executive Director of a registered charity.
The registered charity’s purpose/mission must be to improve outcomes for the community it serves.
The scholarship application must demonstrate financial need.
The proposed use of the scholarship must be to attend the ICD-Rotman Governance Essentials Program (GEP).
Preference is given to equity-seeking organizations that serve underrepresented communities.

Who is eligible?

Registered charities

Eligible expenses

Enrollment fees for the ICD-Rotman Governance Essentials Program (GEP) (scholarship valued at $2,500).

Selection criteria

Merit of the application.
Demonstrated financial need (needs-based assistance).
Expected benefit/impact of governance education on the registered charity.

How to apply

Confirm eligibility

Confirm you are a board director or Executive Director of a registered charity
Ensure your charity’s purpose is to improve outcomes for the community it serves

Prepare your rationale

Assess your need for financial assistance to attend the ICD-Rotman Governance Essentials Program (GEP)
Consider how governance education will benefit your registered charity

Document equity-seeking status

If applicable, highlight that your organization is equity-seeking and serves underrepresented communities

Choose a program session

Review current GEP offerings and select a session to apply for
Note the application deadline and deadline time for your chosen session

Submit the online application

Apply online for the scholarship via the ICD member portal course page (CourseCode=GEP)

Await assessment results

Wait for the application to be assessed based on merit, need, and the expected benefit to the registered charity

Additional information

Selected recipients are responsible for taxes and any out-of-pocket expenses.
The scholarship supports enrollment in the ICD-Rotman Governance Essentials Program (GEP), an intensive two-day program developed with the University of Toronto’s Rotman School of Management.
Attendance at the live, instructor-led online sessions (delivered over two consecutive days) is required for successful course completion.
There are a limited number of scholarships available for the academic year.

Apply to this program

Frequently Asked Questions about the ICD-RBC Foundation Scholarship Program

Here are answers to the most common questions about the ICD-RBC Foundation Scholarship. This section explains what the program is, how much funding is available, eligibility requirements, application deadlines, and other important details to help you determine if this grant is right for your business.