OTF eligibility and statement rules updated
OTF updated its eligibility policy and financial statement requirements, including revised applicant categories, new capacity and governance conditions, and a new allowance for some organizations with fewer than two completed fiscal years to submit one full year of statements.
See more
OTF’s Eligibility Policy now requires charities and non-profits to have been registered or incorporated for at least two years, and it revises which municipalities, First Nations, county library boards, local services boards, and collaboratives may apply. The policy also adds clearer capacity, governance, Ontario-benefit, and ineligible-activity rules, including new exclusions for direct personal or individual material benefits and personal one-on-one professional services. OTF also updated its Financial Statement Requirements guide so organizations that have operated for at least two years but do not yet have two completed fiscal years of statements may submit one full fiscal year of financial statements. The guide’s application instructions were also updated to reflect the revised financial-statement reference material.

