Cotton Trust Fund for Public Parks

Overview of the Cotton Trust Fund for Public Parks program:

The Cotton Trust Fund was established to assist communities across PEI in acquiring and developing land for recreational purposes. It aims to promote public access to safe, functional, and aesthetically pleasing outdoor spaces. The program encourages community engagement and enhances the quality of life for PEI residents by investing in public parks and recreation facilities. Eligible projects may include creating new parks, upgrading existing recreational areas, and other initiatives that support rural beautification and community well-being. Through this program, the PEI government fosters community pride, strengthens local ties, and supports sustainable development in rural regions. It emphasizes providing financial assistance to organizations that align with the fund’s vision of expanding public recreational opportunities and ensuring long-term benefits for the community. Priority is given to first-time applicants, demonstrating the program’s focus on inclusivity and equitable access to resources.

Benefits of the Cotton Trust Fund for Public Parks program:

• Provides financial support for public park projects that enhance recreational access and rural beautification.
• Encourages community involvement and collaboration in creating sustainable outdoor spaces.
• Enhances public health and quality of life through improved recreational opportunities.
• Supports rural development by investing in community infrastructure and promoting tourism.

Eligibility criteria of the Cotton Trust Fund for Public Parks program:

• To qualify for the Cotton Trust Fund, applicants must:
• Be a registered charitable organization or a recognized community organization based in Prince Edward Island.
• Propose projects focused on creating or improving public parks and recreational areas.
• Provide matching funds to meet the 50/50 cost-sharing requirement.
• Preference is given to first-time applicants. Organizations that have previously received funding are welcome to apply, but priority will be granted to new applicants.