A $150 grant towards the RDSP for BC residents

To be approved and receive your E150 payment before the end of 2024, you must submit your application by December 4th, 2024. If you would like to receive your payment by cheque, we recommend getting your application to us earlier, by November 14th, 2024, to allow for postage time.

Applications that are incomplete or received after December 4th, 2024, will be considered for approval in January 2025.

 

UPDATE

Due to the Canada Post strike, payments for E150 made by cheque may be delayed. To receive your payment before the end of the year, please request direct deposit instead. For direct deposit, we need a blank cheque or direct deposit form for an account in the holder’s name. This account doesn’t have to be an RDSP, we can deposit the funds directly into a chequing or savings account. You can then transfer the $150 to your RDSP on your own.

The Endowment 150 grant offers eligible people with disabilities a one-time grant of $150 to help their Registered Disability Savings Plan (RDSP) grow.

*Are you a resident of Newfoundland or Labrador and have an RDSP? You could also be eligible to receive $150 towards your Registered Disability Savings Plan administered by the Newfoundland and Labrador Association for Community Living (NLACL). Click here to learn more or fill out the Provincial Incentive Program form. 

About the Endowment 150 Program

Plan Institute, Disability Alliance of BC, and the British Columbia Aboriginal Network on Disability Society, have united to launch a new program designed to help British Columbians with disabilities learn about and access tax benefits that will help them save for the future. As part of this initiative, Plan Institute is distributing a one-time $150 grant to help low-income British Columbians to start growing their RDSP, thanks to the support of the Vancouver Foundation.

Endowment 150 grants are available for all children in BC with RDSPs, and individuals and families with low-incomes who are residents of BC and have an RDSP. Read the requirements and make sure you send in all the items on the checklist with your Application Form.

If the individual who receives the $150 endowment grant is eligible for matching government grants, they could receive an additional payment of up to $450 into their RDSP, bringing the total contribution to $600.

You can find out more on the Adult Application page or the Child Application page.

 

Apply for the Endowment 150

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These initiatives are made possible with generous support from the BC Ministry of Social Development and Poverty Reduction and the Vancouver Foundation.

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