The Community Foundation Matching Grants program provides all municipalities or regional district electoral areas with funding to assist with the establishment of a dedicated endowment within a registered community foundation.

A community foundation endowment fund will provide grants to non-profit societies for community and social enhancement within the community area, in perpetuity. Local decision making with the community foundation framework helps to meet local social and cultural needs and create both positive economic and social outcomes.

In 2008, Community Futures Peace Liard formed the Northeast Regional Community Foundation, an umbrella that the communities eligible for the matching fund can form an endowment fund for their perspective communities. Community Futures continues to support the Northeast Regional Community Foundation and board of directors with in-kind and financial support.