2015 Annual Report
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2015 ANNUAL REPORT To enrich the quality of life in Brampton, Caledon and surrounding communities over the long term by: OUR › Attracting and effectively growing endowment funds by helping donors fulfill their philanthropic interests › Providing leadership in identifying and addressing significant community MISSION charitable priorities The Brampton and Caledon Community Foundation (BACCF), an incorporated, independent, philanthropic organization, will be seen as a › Credible OUR › Conservative › Sustainable organization that provides an effective vehicle for donors and VISION philanthropists to leave a legacy for the long-term betterment of their community Brampton and Caledon Community Foundation 150 Main Street North, Box 74027; Brampton, ON L6V 1N9 • 905.796.2926 • www.bramptoncaledoncf.ca Charitable Registration #86198 9465 RR0001 MESSAGE FROM THE BOARD CHAIR AND PRESIDENT & CEO The Brampton and Caledon Community Foundation (BACCF) is one of our communities’ leading public, charitable organizations that makes philanthropy available to everyone. Whether CONTENTS your donation is big or small, your endowment fund at the BACCF will ensure your charitable wishes are realized today, Message from the Board tomorrow and beyond your lifetime. You will create a legacy Chair and President &CEO of giving, of which you and your family will be forever proud. 3 Be remembered, always, for the difference that you made for Bob Cranch James Boyd others in your community. Board Chair 2015 President & CEO 4 Putting Down Roots Today, the Brampton and Caledon Community holds a portfolio of almost $9 million. By the end of 2015, the Foundation had made over 650 individual grants to worthy charities in our communities Endowment Funds - since the Foundation’s inception in 2002. The Brampton and Caledon Community Foundation prides 5 Lasting Legacies itself on its thorough grant making process – a process that demands every grant the Foundation makes is a ‘good’ grant. 2015 Grants - Making a Better Community Donors choose the Foundation to create their charitable legacies for many reasons, but the main 7 ones are that the Foundation Endowment Model is sustainable…accountable…transparent. When our donors create endowment funds at the Foundation, they do so because they believe in the Happenings century-old endowment model that protects capital donations to ensure a perpetual, annual grant 10 to the charity(ies) of their choosing. Endowment Donors The Foundation’s major annual event, The OPAL, was a huge success in 2015. Held at the Rose 12 and Donations Theatre, the Foundation honored Mr. John Cutruzzola and Mr. Bill Kannellopoulos with the Chair’s Living Legacy Award. 2015 saw the Foundation continue to grow in terms of charitable granting, new endowment funds and valuable strategic partnerships to enhance organizational strength Friends of the Foundation within the charitable sector. 14 As always, the Brampton and Caledon Community Foundation remains true to its vision and mandate… BACCF Financial Information and, together, we build the charitable fabric of our community today…tomorrow…forever. 14 Bob Cranch James Boyd Board Chair 2015 President & CEO 2015 Annual Report • Your gift will last forever | 3 WHAT IS A WHY GIVE TO A PUTTING COMMUNITY FOUNDATION? COMMUNITY FOUNDATION? A community foundation is a locally-run, › Create a family legacy that will inspire and incorporated, independent public foundation that: educate your kids, grand-kids and their families in the importance of charitable giving and › Builds and administers endowment and other DOWN giving back to the community types of funds to support charitable activities in its area › Capital donations are 100% attributed to the › Is autonomous and governed by a volunteer endowment fund ROOTS board of local leaders › You can participate in the process › Exist in every province and one territory; are › Grants are made only to qualifying charities linked and supported at the national level under the Income Tax Act through Community Foundations of Canada. › Community foundations practice planned, There are over 190 community foundations in professional and perpetual charitable giving Canada › Community foundations are audited annually › All capital donations are 100% charitable tax- WHAT IS AN receiptable ENDOWMENT FUND? › You can donate cash, securities, life insurance and other gifts to a community foundation An endowment fund is created by a donation › A community foundation has membership in the of a sum of money that a donor has designated or allocated for a specific purpose of charitable national organization, Community Foundations giving. Capital donations to an endowment fund of Canada, that represents over 190 community are not spent. The money is invested with interest foundations across the country earned being used to support an annual grant to › Approximately $150 million was granted, the charity of the donor’s choosing. Because the collectively, from Canadian community endowment-model employed by a community foundations to worthy charitable organizations foundation favours capital preservation, the and charitable ventures in 2014 endowment fund will exist in perpetuity to help fund the charitable causes that are most › Community Foundations have exisisted in meaningful to the donor and his/her family… Canada since 1921...safe, secure, sustainable. today…tomorrow…forever! WAYS TO GIVE All capital donations to a community A community foundation can receive: foundation receive a charitable tax receipt › Cheque › Cash › In-kind donations › Estate Bequests for 100% of the donated amount. Donations › VISA › Securities* ›Life Insurance Policies (Foundation named as beneficiary) may be made to your own endowment fund, *Gifts of appreciated securities to a community foundation qualify for a 100% taxable gain exemption another’s endowment fund, the unrestricted community fund, or to support operations Please contact the Foundation office at (905) 796-2926 for a personal consultation. The Foundation does of the Brampton and Caledon Community not charge any up-front fees to start an endowment fund. Foundation. 4 | 2015 Annual Report • Your gift will last forever ENDOWMENT FUNDS LASTING LEGACIES (2015 BY FUND TYPE) DESIGNATED FUNDS COMMUNITY (UN-RESTRICTED) FUNDS UP TO $20,000 $50,000 TO $250,000 Amandeep Kaur Family Endowment Fund Brampton and Caledon Community Living UP TO $20,000 Amber Wilde Liam Wilde Memorial Foundation Fund Farquhar and Mae MacDonald Family Fund Endowment Fund Brampton Library Fund Franklin Templeton Fund Baldev Mutta Family Endowment Fund Brampton Hospital Fund Kathy and Chris Butcher Fund BSO Legacy Fund Caledon Meals on Wheels Endowment Fund (II) Sheila and Kumar Agarwal Family Fund Caledon Meals on Wheels Endowment Fund (I) Lockwood Family Endowment Fund TD Canada Trust Endowment Fund Goodison Insurance & Financial Services Fund Nylene, Sharon, and Cameron Welsh Fund Grace and Lloyd Sanderson Endowment Fund PDC Fund $20,000 TO $50,000 Harold A. Cook Endowment Fund Peel Heritage Complex Fund Gail and Lou Duggan Family Fund Katherine Olivene and Robert Earl Davey Sylvie Hyndman Memorial Fund for Big Brothers William C. and Jean Lawrence Endowment Fund Memorial Fund Big Sisters of Peel William and Margaret Johnston Family Fund Robert D. McIntyre, Q.C. Family Fund William Osler Health System Foundation - Samuel Falconer Memorial Fund Brampton Hospital(s) Fund Sharpe-Way Group Endowment Fund $50,000 TO $100,000 The Donira Endowment Fund $250,000 TO $700,000 Colony Ford Lincoln Sales Inc. Endowment Fund Wellspring Chinguacousy Endowment Fund John and Teresa Coupland Family Fund St. Andrew Presbyterian Church Beneficiary Fund Kathryn and John Logan Family Fund $20,000 TO $50,000 OVER $700,000 $100,000 TO $250,000 Ann Robertson Memorial Fund Edward and Margaret Peacock Endowment Fund Blaine and Aileen Bowyer Family Fund Chinguacousy Health Services Board Fund Brampton Arts Council Harry Dale Literary Fund (Wellspring Chinguacousy) Brampton Board of Trade Opportunity Fund OVER $250,000 Carl Ingebertson Bursary Fund Brampton and Caledon Community Fund Don and Nancy Crawford Family Fund George Hitchcock Bursary Fund H. Charles and Lenore Armstrong Fund John Cutruzzola Art Gallery of Peel Juried Art Show Fund Robert Armstrong Memorial Fund Robert Bell Hospital Fund Robert J. van Kessel Memorial Fund Scott Angus Brown Fund St. James the Apostle Anglican Church Fund Waudware Endowment Fund 2015 Annual Report • Your gift will last forever | 5 ENDOWMENT FUNDS LASTING LEGACIES (2015 BY FUND TYPE) FIELD OF INTEREST FUNDS DONOR ADVISED FUNDS UP TO $20,000 UP TO $50,000 OVER $800,000 Inglis Family Endowment Fund Friends of PAMA Educational Endowment Fund The Rotary Club of Brampton Service Above Self Marian Sheard Family Fund Jason and Laura Da Silva Family Fund Endowment Fund...commemorating the Lifetime Professional Advisors Children's Fund Lesley Kahan Animal Endowment Fund Service Ron Davey Memorial Fund M. Hughes Family Endowment Fund Woments Fund Marilyn Brown Sparkle Memorial Award of Excellence Recipients: Endowment Fund Peter V. and Irene Furbacher Family Fund Charles 'Chuck' Lee OVER $100,000 Robert Rutledge Lucas Day Endowment Fund Eugene 'Gene' McNamara Andrew and Eleanor McClure Fund Roy Walker Curling Endowment Fund Carl Dalli Brampton Canadian Tire Stores Fund Ruth and Maurice Grant Endowment Fund Nancy Bell Memorial Fund Terry Smith Memorial Fund The Brampton and Caledon Community Foundation thanks all Fundholders and Donors $100,000 TO $250,000 for their continued