The Royal Society of Canada is a registered charitable organization. Since its founding, the Society has sought to maintain a diversity of sources of funding in order to ensure its independence. Initially the Society’s operations were financed primarily by annual membership dues. Occasionally, additional support for particular projects was provided by the Government of Canada. Unlike many other National Academies, the Society does not receive any block base funding from government. Much of the overhead and indirect costs are covered by volunteer service from the fellowship and, through the fellowship, from Institutional Members.
Today the Society receives direct financial support from five sources: Fellows, Institutional Members, the Private Sector, Granting and Research Councils and Charitable Foundations and, for national and international project funding, governmental agencies.