The Queensland Diamond Cove Community Association is a volunteer organization. It operates and maintains the Queensland Diamond Cove Hall on land leased from the City of Calgary, and supports local programs and events. Funding for the community association is provided by a yearly voluntary fee of $25.00, rental revenue, fund raising efforts and grants from government bodies. The Queensland Diamond Cove Community centre is well furnished and contains a gym, meeting rooms, kitchen and playschool. The community centre is used by such groups as the Brownies and karate. Queensland Diamond Cove also has several special events each year, including a Halloween party and a Winter Festival. There is also an annual parade of garage sales and barbeque. The community is also closely involved with the Friends of Fish Creek Park, who seek to preserve the park and its wildlife, and is involved with such events as the annual river clean up.