Foundation-directed funds are created by and/or managed at the sole discretion of the Coquitlam Foundation Board. These funds are intended to serve broad community interest.

Current foundation-directed funds include:

The James Gordon Stewart Fund

Founded in 2012 and seeded with a bequest of more than $355,000 from the estate of James Gordon Stewart, a longtime Coquitlam resident who died in 2009, the James Gordon Stewart Fund is designed to support research into Alzheimer’s Disease and kidney disease, to aid patients afflicted by those diseases, and to provide financial assistance to Tri-Cities students attending Simon Fraser University.

Coquitlam Builders' Fund
The Foundation established the Coquitlam Builders' Fund in October 1999 with monies provided through a gift from the Coquitlam Builder's Trust Fund.

The charitable purposes of the fund include fostering, promoting and increasing public appreciation of, and public interest in, the fine arts, the performing arts and the literary arts solely in the City of Coquitlam. Grants or other forms of financial assistance may be provided to the City of Coquitlam and any charity, holding or having an interest in property in the City that is registered under the Income Tax Act. Preference will be given to assisting the City or charity in the construction, provision, acquisition, improvement or maintenance of an arts facility which is or is to be open to the general public, operated on a not-for-profit basis, located in the City and designed or used to promote public interest in, and public appreciation of, the fine arts, performing arts or the literary arts or the creation or acquisition of artistic or literary works for public display.

Community Wellness Fund
The Foundation established this open fund in 1996 to encourage community wellness in crisis situations. Its purpose is to ensure that when an individual or family needs help in an emergency, funds can be provided quickly. Funds disbursed must be directed to a 'qualified donee' (usually a registered charitable organization) who can assist the individual(s) or family as needed.

Cultural Fund
The Foundation also established this open fund in 1996. Income from this fund can be used to help eligible organizations provide cultural services. The latter include theatre, music, dance, library and fine arts. Multicultural initiatives can also be considered under the umbrella of this Fund.

Education Fund
This fund was the third open fund established by the Foundation in 1996. The Education fund aims to support educational development programs, enhance programs in arts and science, and/or provide for bursaries and scholarships to post secondary students residing in Coquitlam.

Environment Fund
The fourth of five open funds established by the Foundation in 1996, this fund is intended to provide resources for specific projects and programs aimed at enhancing, preserving and protecting the environment.

Heritage Fund
The last of the open funds established by the Foundation in 1996, this fund was created to help ensure that Coquitlam's heritage is preserved and its contribution to the present is recognized. Grants may be made for physical assets, awareness projects and one time program or projects.

Johnston Legacy
Dr. Crosby Johnston established this fund to benefit seniors in Coquitlam, in accordance with the Foundation's Act and as the Board may direct. A senior for such purposes is a person 65 years of age or over, resident in Coquitlam. Monies may be expended on those who cannot meet the usual costs of living; those who are in need of funds to meet a special health problem or for those in need of financial help in compassionate situations, such as for food, clothing, shelter, and special travel needs. Funds disbursed must be directed to a 'qualified donee' (usually a registered charitable organization) who can assist the individual(s) or family as needed.

Coquitlam Foundation Land Trust

The Coquitlam Foundation Land Trust Fund (the "Land Trust") provides a means for acquisition, conservation, and stewardship of sites, areas and objects of ecological, historical, recreational or agricultural interest in or near the City of Coquitlam, primarily for the use, enjoyment and benefit of present and future inhabitants of the City of Coquitlam. The Coquitlam Foundation is the Trustee of the Land Trust.

News article: Conservation covenant ensures land will not be developed.

The purposes of the Land Trust include:

1. aiding in the conservation and stewardship of lands of ecological, historical, recreational or agricultural interest;
2. protecting lands of vital importance to water supplies and water quality;
3. ensuring public access to waterfront lands and corridors;
4. preserving natural areas recognized for their ecological value in terms of biodiversity including fauna, flora, fish, and wildlife;
5. protecting lands of regional significance for recreation, scenic beauty, historic preservation. habitat connectivity and biodiversity, including fauna, flora, fish, and wildlife;
6. cooperating with local governments, citizens and organizations in meeting land use purposes of the Land Trust Fund; and
7. promoting land stewardship through public education and technical assistance.