TELUS Friendly Future
TELUS Friendly Future Foundation is an independent Canadian registered charity that funds youth health and education programs through 13 regional Community Boards, awarding bursaries ($3,000-$5,000) to post-secondary students and grants (up to $200,000) to charities, with TELUS covering all administrative costs.
- Company typePrivate
- Founded2018
- HeadquartersVancouver, Canada
- Headcount1–10
- GTM typeB2B and B2C
- OfferingServices
What TELUS Friendly Future does
TELUS Friendly Future Foundation is an independent Canadian registered charity (CRA registration #887483741RR0001) established on October 19, 2018, with TELUS as its Founding Donor. The foundation supports the health, education, and well-being of Canadian youth who face obstacles to reaching their full potential, operating across all provinces through 13 regional TELUS Community Boards staffed by local leaders who make regional funding decisions. Its core programs comprise the TELUS Student Bursary ($3,000 for college students and $5,000 for university students demonstrating financial need and social impact commitment), Community Board Grants of up to $20,000 for Canadian registered charities serving youth in health and education, and multi-year Innovation Grants of up to $200,000 targeting youth mental health and environmental education. A portfolio of named bursaries — TELUS Momentum (CIBC Foundation, $2M targeting 500 Black students by 2028), TELUS Orca (Belonging Network, $1M over 10 years for 200+ youth in foster or government care), Entwistle Technology Bursary ($1M for 15 STEM students annually), and Indspire bursaries ($1M for First Nations, Inuit and Métis students) — extends the foundation's reach into specific demographic and disciplinary cohorts.
The foundation operates as a pure giving vehicle rather than a revenue-generating enterprise. Its revenue model is donation-based: individuals donate via friendlyfuture.com, TELUS customers participate in the Change for Good bill-rounding program, donations are accepted at TELUS corporate stores, and annual events (Friendly Future Auction and a WestJet sweepstakes) generate funds. TELUS covers all general administrative expenses, so 100% of donations flow to charitable programs. The technology stack is light: web-based platforms for donation processing, a student bursary application portal, and the Benevity platform for Community Board grant management. Geographic scope is explicitly limited to Canadian registered charities and qualified donees — international programs are not eligible. Annual giving exceeds $8 million deployed to 500+ charities (550+ in 2025), impacting over 2 million youth annually, with $113M+ and 9,052 projects funded since the predecessor Community Boards program launched in 2005.
TELUS Friendly Future firmographics
Firmographics- Name
- TELUS Friendly Future
- Legal name
- TELUS Friendly Future Foundation
- Website
- https://friendlyfuture.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- TELUS Friendly Future Foundation is an independent Canadian registered charity that funds youth health and education programs through 13 regional Community Boards, awarding bursaries ($3,000-$5,000) to post-secondary students and grants (up to $200,000) to charities, with TELUS covering all administrative costs.
- Ownership category
- akta.pro rank
TELUS Friendly Future industry classification
Industry- Product category
- Charitable Foundation / Youth Development Grants
- NAICS
- Grantmaking and Giving Services (81321), Child and Youth Services (62411), Voluntary Health Organizations (813212)
- SIC
- Services-Social Services (8300)
- akta.pro primary industry
- Community Foundations (BPAGAKAB)
- akta.pro secondary industries
- Youth Mental Health, Counseling & Wellbeing (Education-Linked) Nonprofits (BPAGADAK), Youth Mentoring & Positive Youth Development Nonprofits (BPAGADAD), Scholarship & Fellowship Foundations and Trusts (EDADAHAC), Community Health & Prevention Program Funding (HLAJALAF)
Keywords
Where TELUS Friendly Future is headquartered
LocationHeadquarters
- HQ city
- Vancouver
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
TELUS Friendly Future business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Others, Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Charitable Donations: The foundation operates as an independent registered charity (Charitable Registration #887483741RR0001) that receives donations to fund youth-focused health and education programs across Canada. 100% of donations go directly to the cause, with TELUS covering all general administrative expenses.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Annual | TELUS Student Bursary - College Students |
| Other | Annual | TELUS Student Bursary - University Students |
| Other | Annual | Community Board Grants - Standard |
| Other | Multi-year contract | Innovation Grants |
Distribution channels5 records
Marketing channels7 records
TELUS Friendly Future product offering
Product offeringCore offering
TELUS Friendly Future Foundation is an independent registered Canadian charity that provides financial grants to youth-serving charities and need-based academic bursaries to post-secondary students. Its core offerings include TELUS Student Bursaries (up to $3,000 for college students and $5,000 for university students), Community Board Grants (up to $20,000 per year for Canadian registered charities serving youth), and multi-year Innovation Grants (up to $200,000 for breakthrough programs in youth mental health or environmental education), funded through donations and TELUS underwriting of all administrative costs.
Product overview
TELUS Friendly Future Foundation is an independent registered charity that operates a portfolio of giving programs to support youth well-being across Canada. The core offerings include the TELUS Student Bursary program (need-based academic bursaries of $3,000-$5,000 for post-secondary students with wraparound support services), 13 TELUS Community Boards providing grant funding up to $20,000 for grassroots health and education charities, and Innovation Grants up to $200,000 for breakthrough youth mental health or environmental education initiatives. The foundation also runs fundraising programs including sweepstakes and auctions. With support from TELUS covering all administrative expenses, 100% of donations go directly to youth-focused causes. The foundation impacts over 2 million youth annually through partnerships with more than 500 local charities.
Differentiator
Problem solved
Functional benefit
Brands
- TELUS Student Bursary: Academic bursary program providing up to $3,000 for college students and $5,000 for university students experiencing financial need who are committed to making social impact in their communities.
- TELUS Momentum Student Bursary
- TELUS Orca Bursary
- Entwistle Technology Bursary
Products and services
- TELUS Student Bursary Need-based academic bursary program providing $3,000 for college students and $5,000 for university students pursuing post-secondary education in Canada, with holistic wraparound support including connectivity, mental health resources, and career opportunities. Over 2,000 bursaries have been awarded since 2023 with 90+ unique fields of study supported.
- TELUS Community Board Grants Grant program providing up to $20,000 in single-year funding to Canadian registered charities delivering grassroots, community-based health and education programs for youth. Distributed through 13 regional Community Boards across Canada. Exception: the Barrie and Central Ontario Community Board provides grants up to $10,000.
- Innovation Grants Multi-year grants of up to $200,000 for Canadian registered charities developing breakthrough programs in youth mental health or environmental education and climate action. From 2022 to 2024, the Foundation awarded over $4.2M in Innovation Grants to 26 youth-focused charities.
- Friendly Future Sweepstakes Annual fundraising sweepstakes run in partnership with WestJet offering prizes such as trips, with all proceeds supporting underserved socially-minded post-secondary students through the TELUS Student Bursary program.
- Friendly Future Auction Annual auction event held to raise additional funds supporting the TELUS Student Bursary program for youth in financial need across Canada.
Quantifiable outcome
- Over 2 million youth impacted annually
- +6 more outcomes
Companies that use TELUS Friendly Future
Customer profileNamed customers8 records
Segments7 records
Ideal customer profiles3 records
TELUS Friendly Future technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
TELUS Friendly Future partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core and minor.
- Belonging NetworkcoreThe TELUS Friendly Future Foundation and Belonging Network announced a $1 million, 10-year partnership to create the TELUS Orca Student Bursary for youth in foster or government care across Canada. The initiative aims to provide over 200 bursaries and holistic support services to help these youth pursue post-secondary education.
- IndspirecorePartnership with Indspire, an Indigenous national charity, to award bursaries to First Nations, Inuit and Métis students. With federal match funding, this partnership represents a total investment of $1 million in higher education for Indigenous students.
- WestJetminorSecond annual Friendly Future Sweepstakes partnership offering Canadians a chance to win a trip to Costa Rica. Proceeds support underserved, socially-minded post-secondary students through the TELUS Student Bursary program.
Scale indicators16 records
Recent moves6 records
Expansion highlights4 records
TELUS Friendly Future competitors and assessment
Company assessmentBroad incumbents
- Mastercard Foundation: One of the largest private foundations globally, focused on education and financial inclusion for youth in Africa and beyond. Comparable as a corporate-backed, large-scale grantmaking foundation supporting youth education and economic opportunity, though at a much larger scale and with an international mandate.
- Canadian Red Cross: Large Canadian humanitarian organization with youth programs, funded by donations and government grants. Comparable as a large-scale Canadian registered charity distributing funds through regional branches, but with a much broader humanitarian scope.
- Rick Hansen Foundation: Canadian foundation focused on spinal cord injury research and accessibility/youth programs. Comparable as a Canadian grantmaking foundation supporting youth with disabilities, similar to TELUS-funded rehabilitation programs like Glenrose and Holland Bloorview.
- Right To Play International: Global organization using sport and play to educate and empower children and youth facing adversity. Comparable as a youth-focused nonprofit with education and well-being mandates, though with a more international footprint.
Direct peers
- Boys & Girls Clubs of Canada: National network providing youth development programs across Canada, including after-school and mental health supports. Comparable as a recipient of foundation grants and operator of youth-focused health and education programs at community level.
- Pathways to Education Canada: National Canadian charity providing financial supports, tutoring, and mentoring to help youth from low-income communities graduate high school and transition to post-secondary education. Directly comparable target beneficiary (low-income youth) and programming overlap with TELUS bursaries.
- Big Brothers Big Sisters of Canada: Canadian youth mentoring nonprofit operating across the country with regional affiliates. Directly comparable to TELUS Friendly Future's youth mentoring and positive youth development funding priority, and operates through a similar regional/local delivery model.
- Kids Help Phone: Canada's leading youth mental health service, providing e-mental health support across the country. Comparable as a Canadian youth-focused nonprofit that receives TELUS Friendly Future funding and operates in the same youth mental health funding priority area.
- Indspire: Canadian Indigenous national charity awarding bursaries and scholarships to First Nations, Inuit, and Métis students. Direct overlap in bursary product and Indigenous youth segment; also an active partner of TELUS Friendly Future Foundation, making the relationship both competitive and collaborative.
- United Way Centraide Canada: Federated fundraising network distributing funds to local charities across Canada through regional chapters. Directly comparable to TELUS Friendly Future's 13 Community Boards model of regional grantmaking to grassroots health and social-service nonprofits.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
TELUS Friendly Future social profiles
Digital presenceTELUS Friendly Future compliance and trust
Trust signalCompliance1 record
TELUS Friendly Future financial estimates
Financial estimateRevenue estimate
Valuation estimate
TELUS Friendly Future leadership team
Management profileNumber of profiles
Profiles14 records
TELUS Friendly Future funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
TELUS Friendly Future M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about TELUS Friendly Future
What does TELUS Friendly Future do?
TELUS Friendly Future Foundation is an independent registered Canadian charity that provides financial grants to youth-serving charities and need-based academic bursaries to post-secondary students. Its core offerings include TELUS Student Bursaries (up to $3,000 for college students and $5,000 for university students), Community Board Grants (up to $20,000 per year for Canadian registered charities serving youth), and multi-year Innovation Grants (up to $200,000 for breakthrough programs in youth mental health or environmental education), funded through donations and TELUS underwriting of all administrative costs.
Is TELUS Friendly Future a public or private company?
TELUS Friendly Future is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was TELUS Friendly Future founded?
TELUS Friendly Future was founded in 2018. It employs 1 to 10 people.
Where is TELUS Friendly Future based?
TELUS Friendly Future is headquartered in Vancouver, Canada, in the North America region.
How does TELUS Friendly Future make money?
One revenue line is on record: charitable Donations.
Who are TELUS Friendly Future's main competitors?
Broad incumbents on record are Mastercard Foundation, Canadian Red Cross, Rick Hansen Foundation and Right To Play International. Direct peers are Boys & Girls Clubs of Canada, Pathways to Education Canada, Big Brothers Big Sisters of Canada, Kids Help Phone, Indspire and United Way Centraide Canada.
Does TELUS Friendly Future have an API?
No public API is recorded for TELUS Friendly Future.
What industry is TELUS Friendly Future in?
TELUS Friendly Future's product category is Charitable Foundation / Youth Development Grants. Its primary akta.pro industry code is BPAGAKAB, Community Foundations, with a secondary code of BPAGADAK, Youth Mental Health, Counseling & Wellbeing (Education-Linked) Nonprofits. Its NAICS code is 81321 and its SIC code is 8300.