Sources of Funding

The RSC is a registered charitable organization. The Academy’s varied sources of funding ensures its independence.

Membership Dues

Traditionally, Subscriptions from the Fellows of the RSC have underpinned the operations of the national secretariat in Ottawa.  As regional chapters continue to open – in Atlantic Canada in 2008, Quebec in 2009, and then Ontario, the Prairies, and Western and Northern Canada in 2010, 2011 and 2012 respectively – the dues of our Fellows have been combined with those from institutional members in order to support the “core” activities of the RSC.

Institutional Members

Since 2004, the institutional membership of the RSC has continued to grow in number and expand in scope.  The 42 Institutional Members (“IMs”) of the RSC coordinate closely with the RSC national secretariat and with our regional chapters to ensure that their investment in the academy is met with benefits and opportunities.  The partnership is three-fold.  Firstly, Institutional Members of RSC nominate outstanding individuals (up to three per year) for Fellowship in the Academies. Secondly, Institutional Members play a leadership role in the governance of the RSC.  Two IM university presidents sit on the RSC Council, and one IM representative serves on the Executive Committee of the RSC.  Thirdly, Institutional Members partner with the RSC‘s national and regional secretariats in the creation of programs and events.  This year, the majority of the 40+ events organized by the RSC are a result of partnerships with our institutional membership.

Private Sector

In 2007 the RSC launched Extending Excellence: The Campaign for Canada’s National Academy.  Over 80% of the $5 million goal has been achieved as of the summer of 2009.  The campaign has succeeded due to the leadership of the RSC President’s Advisory Council (PAC), and thanks to national support driven by campaign co-chairs Sandra Irving and Laurent Beaudoin. Funds raised and committed have led to the creation of new national and regional scholarship and outreach programming.

Other

The RSC continually submits grant applications in support of multilateral initiatives, and seeks sponsorship contributions for its “core” programming.