CIBC and Youth in the Community
To ensure Canada's youth have the resources to achieve their goals, CIBC has developed programs and made partnerships with organizations that give opportunities to young people in Canada.
Whether you want to help out, or get help, there are plenty of opportunities.
CIBC helps
Every year, CIBC employees volunteer thousands of hours to various charitable causes. Our branches across the country are also involved in campaigns for people of all ages at the community and national levels.
For example, the CIBC Run for the Cure occurs annually and raises millions for the Canadian Breast Cancer Foundation.
CIBC also provides financial support to hundreds of other charitable causes each year. CIBC contributed more than $46 million in 2001 to communities across Canada and abroad.
CIBC is committed to supporting young people, and accomplishes this through sponsorships, work experiences and contributions to important youth causes.
CIBC Youth Vision
In 1998, CIBC launched Youth Vision, a collection of programs designed to help young people prepare for their future.
Every year, CIBC offers 30 scholarships and internships to help students stay in school. These are awarded to Grade 10 students enrolled in a mentoring program with Big Brothers Big Sisters of Canada or YMCA Canada.
The scholarships, each valued at up to $35,000, offer financial support and mentorship throughout the student's post-secondary education, including:
- Up to $4,000 per year for tuition, for up to four years of post-secondary education.
- Summer internship support through YMCA Canada of up to $2,000 per year while in high school, and up to $4,000 per year while in college or university
CIBC Run for the Cure
In 2002, over 140,000 people joined together to run and walk for their sisters, mothers and friends in the 11th-annual CIBC Run for the Cure. The event raised over $14 million for the Canadian Breast Cancer Foundation to help them in their quest to create a future without breast cancer.
Mark your calendars: The 2003 CIBC Run for the Cure will be held on Sunday, Oct. 5, 2003.
Frontier College
Frontier College, a Canada-wide volunteer-based literacy organization, has been teaching Canadians to read and write since 1899.
CIBC's funding helps to support the training of mentors for elementary and high school students. The mentors teach literacy skills and encourage students to stay in school.
Canadian Youth Business Foundation (CYBF)
CIBC's goal is to promote community development by building relationships with charitable and community organizations - particularly those involved with youth, education and skills development.
CYBF is an excellent example of this type of initiative. The foundation was established to provide mentoring and funding to young Canadian entrepreneurs. As the foundation's co-founder, CIBC has helped CYBF create 763 new businesses.
YWCA Young Women of Distinction
CIBC is proud to be a patron sponsor of the YWCA Young Women of Distinction Awards in various cities across the country. These awards recognize and celebrate the outstanding achievements of young women aged 16 to 25.
Nomination deadlines and specific criteria vary with each YWCA. To find more information about the local YWCA in your community, visit the YWCA of Canada's website (see below).
Celebrate women who make a difference in their community. Make a nomination!
Resources
Note: The links below will take you to sites outside the CIBC website. CIBC is not responsible for these sites, their services, or how they use information you give to them. Our privacy policy will not apply once you've left our website.
Frontier College
Canadian Youth Business Foundation
YWCA
The information in this article is general only; it is not intended as specific investment, financial, accounting, legal or tax advice for any individual.
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