Canada Millennium Scholarship Foundation

Canada Millennium Scholarship Foundation

April 29, 2007 10:00 ET

CMSF: Treasury Board Report Finds That Foundations Are Effective, Cost-Efficient Way to Deliver Public Policy

MONTREAL, QUEBEC--(CCNMatthews - April 29, 2007) - An independent evaluation commissioned by the Treasury Board Secretariat and based on six in-depth case studies of 16 organizations, including the Canada Millennium Scholarship Foundation, concludes that foundations:

- are achieving intended results
- have very lean structures and staffing levels, keep operating and
administrative costs low, and deliver their programs in a timely
and flexible manner
- are able to more easily enter into agreements with provincial and
territorial governments than are federal departments
- avoid overlap with other government programs
- use research to broaden understanding of the issues they address
- conduct independent evaluations of their programs and make use of
the findings to improve those programs
- put in place systems to measure performance that surpass those of
government departments.

"We are pleased to see that foundations are, for the first time, recognized as a good, cost-efficient instrument for the delivery of a public good," said Norman Riddell, the Canada Millennium Scholarship Foundation's executive director and chief executive officer. "Our program of student financial assistance fills an important need in Canada and is delivered in partnership with provinces and territories. We are pleased to see it recognized in this report."

Available on the Treasury Board Secretariat's Web site (, the study examines the appropriateness of foundations, their effectiveness and their cost. It concludes that they "provide an appropriate means of addressing public policy goals in situations where organizational independence, financial stability and special expertise enable more effective program delivery than would otherwise be the case."

The Canada Millennium Scholarship Foundation is a private organization created by an act of Parliament in 1998 as part of the Canadian Opportunities Strategy. Its mandate is to encourage students to strive for excellence and pursue their post-secondary studies. Each year, the Foundation distributes some $340 million in the form of bursaries and scholarships to post-secondary students. Since its inception, it has awarded approximately 800,000 scholarships, worth $2.3 billion.

Contact Information

  • Canada Millennium Scholarship Foundation
    Jaime Frederick
    Communications Advisor