A Part of the Whole
Claystone started as a collaboration among neighbours and neighbouring communities. Even though we’ve grown in scale, we uphold this mentality in everything we do. We know that we’re a part of the whole and that our role in society isn’t just about the waste we remove – it’s about the positive impact we can make in the lives of individuals and communities, too.
Dividend Distribution
As part of our standard operating procedure, Claystone is legally bound to return dividends to its shareholder municipalities – Beaver County, the Village of Holden, the Village of Ryley, the Town of Tofield, and the Town of Viking. These dividends are either reinvested in community projects that would otherwise be funded by tax dollars, or put towards reducing the costs of Claystone’s services.
In 2020, our first year of consolidated operation as a corporation, we managed to return over $2M to these municipalities despite the uncertainties and disruptions caused by the COVID-19 pandemic. In 2021, we reassessed our metrics and managed to increase our contributions by 50%, for a total of over $3M.
That works out to a little more than $300 of dividend returned per individual resident of all involved municipalities – an achievement we were also able to repeat in 2022.
Grants and Sponsorships
Beyond our annual return of dividends, we are always looking to give back to our shareholder municipalities in the form of direct grants and sponsorships to worthy recipients in the community.
Good Neighbour Grant
The most substantial of our grants is our Good Neighbour Grant, which has existed in some capacity since before we were consolidated into Claystone Waste Ltd. In 2021, we spent considerable time and effort reviewing how the Good Neighbour Grant is calculated and awarded.
The result was an increase of 250% in funding – representing a total of $188,805 awarded to the Village of Ryley and $94,281 awarded to Beaver County.
Grant Program
Simultaneously, our ongoing Grant Program awards funding and support directly to local not-for-profit community organizations. Grants are delivered in two cycles per year when candidate applications have been received and assessed. Notable past recipients have included the Royal Canadian Legion No. 02-192 Ryley, the Holden Municipal Library, Tofield School, and the Beaverhill Bird Observatory Society among many others.
If your not-for-profit group or organization is based in the Village of Holden, the Village of Ryley, the Town of Tofield, the Town of Viking, or Beaver County, and you are interested in applying for a grant, please direct all inquiries to: connect@claystonewaste.com
