Annual interest income from the investments is distributed by the local Community Board. Within the confines of "community fund" regulations, the Advisory Board has developed and maintained criteria for disbursement of the grants. The grants are given for community projects on Hornby Island.
Each year at the Hornby Fall Fair the Advisory Board members present the annual Grants. Between 2002 and 2018, $120,195. has been granted from General Funds. (an additional $6300 for the Bruce Fairbairn Fund). Here are the sectors, and the specific organizations, that have received grants, between 2002 and 2018:
Arts & Culture, $34,540.
Health & Well Being, $17,730.
Economic & Social Justice, $35,672.