In 2015, the Leon and Thea Koerner Foundation transformed from sixty years of continuous grant making to an endowment that supports the Leon and Thea Koerner Award (LTK Award) administered by the BC Arts Council.
The annual awards are a minimum of $25,000 each to registered charities and other qualified donees including social service agencies, professional arts organizations, First Nations Band Councils or Friendship Centres which collaborate on projects that create lasting social benefit to communities located throughout BC.