It all started over 20 years ago.
Like all great stories, ours starts: Once upon a time... Only, it doesn't take place in a mystical, far away land. (But it does involve its fair share of everyday heroes.)
Established in 1989 under the Society Act of British Columbia, with an initial endowment of $1,000,000 from Vancity Savings Credit Union, VCF was founded with a mandate to enrich the community while building on the values of the credit union. Many of the innovations that are now applied at a larger scale within Vancity were piloted at VCF. Examples including microfinance, higher risk lending to non-profit organizations, financial literacy support, and charitable sector advocacy all began here. It was under the guidance of an active and engaged group of stakeholders that such innovative vision at VCF began — and ultimately continued — to blossom over the last two decades.