Annual Report 2024-2025

We are thrilled to share the Watershed Security Fund (WSF)’s Annual Report 2024-2025. The report highlights key milestones and lessons from our second year of co-developing the WSF. 

Over the past two years, the First Nations Water Caucus (Water Caucus) – with the First Nations Fisheries Council (FNFC), and the Real Estate Foundation of BC (REFBC) have made progress in the co-development of the WSF. Interim partners work to ground all WSF activities in a whole-of-watershed approach that upholds our mutual commitments outlined in the United Nations Declaration on the Rights of Indigenous Peoples (UNDRIP). Activities include stewarding an interim grants program and co-developing a permanent co-governed entity to oversee, manage and grow the WSF over the long term. 

Photo Credit: Cheyenne Bergenhenegouwen, Creston Valley, BC
  • 7 workplans confirmed for the 2025/26 fiscal year. 
  • Investment Working Group and finance staff made recommendations for investments in accordance with the investment allocation.  
  • Framework and value-aligned investment strategy. 
  • 26 projects totaling just under $5 million were approved in the first intake of the grants program; the grants program also held its second intake in fall 2025. 
  • Communications team worked with Indigenous Marketing Solutions to develop the WSF’s visual identity, logo and official website.
  • WSF Strategic Plan 2025-2028 developed and published. 
  • Grow the Fund and Co-Development Working Groups approved for formation. 

As we move into our third year of this work, we are excited to continue this journey of co-developing a sustainable and enduring funding stream for healthy watersheds and thriving communities across British Columbia.