In 1990 the IDC Foundation was created as a registered independent charitable organization dedicated to the development of the interior design profession by providing scholarships, awards and bursaries in interior design education and by providing grants for interior design research.
In 1997 the first IDC Foundation fellowship was made possible by a generous donation from Teknion, the Global Group and the Alumni Association of the University of Manitoba. A fund was created called the Teknion / Global (IDCF) Fellowship in the Masters of Interior Design (MID) program.The fund currently has more than $230,000 and gives out annual awards to students in the Master's program.
The IDC Foundation Legacy Fund at Ryerson University School of Graduate Studies was created in 2008 with a pledge of $50,000 from the Foundation. The Foundation's initial contribution of $30,000, coupled with The Ontario Government's enhanced matching program for funds endowed to Ontario Universities, created a fund with the initial value of $78,000. Once the remaining $20,000 of the pledge has been fulfilled and enhanced by the provincial government's matching program, the fund will be valued at more than $125,000. The fund will provide an annual award to an eligible student enrolled in the Master of Interior Design program at Ryerson University. This program is awaiting final provincial approval and should be up and running in 2012.