Welcome to Mental Wealth Fund
Mental Wealth Fund is a scholarship foundation that supports underprivileged youth under 18 who are committed to alleviating mental health issues in their communities. Our mission is to promote mental wellness as well as break the stigma around mental health by encouraging the power of community, mindfulness, and advocacy.
How is mental health affecting our youth today?
Mental health is a topic of growing concern, with recent data highlighting its severity. According to Statistics Canada, "Among youth who rated their mental health as 'good,' 'very good,' or 'excellent' in 2019, about one in five (21%) reported a decline to 'fair' or 'poor' by 2023."
https://www150.statcan.gc.ca/n1/daily-quotidien/240910/dq240910a-eng.htm?utm
This decline is mirrored on an international level as"Globally, one in seven 10-19-year-olds experiences a mental disorder, accounting for 15% of the global burden of disease in this age group."
https://www.who.int/news-room/fact-sheets/detail/adolescent-mental-health
Additionally, the Canadian Health Survey on Children and Youth (CHSCY) indicated that 16% of parents who reported their child as often or always looking forward to school in 2019 observed the opposite four years later when their child was aged 7 to 11, suggesting a decline in school-related enthusiasm among younger children.
https://www23.statcan.gc.ca/imdb/p2SV.plFunction=getSurvey&SDDS=5233
Scholarship Programs
Community Wealth Scholarship
Aug 2025 - October 2025
The Community Wealth Scholarship is designed to support young leaders in their academic pursuits while fostering initiatives that promote mental wellness within their communities.