2017 ANNUAL REPORT

TABLE OF CONTENTS

ABOUT PARKS FOUNDATION CALGARY What WE DO ...... 1 2017 Review - Message from the Chair and CEO ...... 2 Board of Governors and Staff ...... 4 Organizational Summary...... 5 MAJOR PROJECTS & PROGRAMS WE BUILD Rotary/Mattamy Greenway ...... 6 Celebrating the Rotary/Mattamy Greenway ...... 8 New Amenities on the Rotary/Mattamy Greenway ..... 10

WE GIVE Building Communities Grant Program ...... 12 Amateur Sport Grant Program ...... 14 Conceptual Drawing Grant ...... 16

WE SUPPORT Dedication Program (Benches and Picnic Tables) ...... 18 Project Gift Administration ...... 20 The John Currie Amateur Sport Legacy Fund ...... 21 Bob Freeze Sport Grant ...... 22 Art Smith Amateur Sport Legacy Fund ...... 23

DONATIONS REPORT 2017 List of Donors ...... 24 Donations to Major Projects and Programs ...... 32 FINANCIAL REPORT Review from the Finance Committee ...... 33 2017 Audited Financial Statements ...... 34

WHAT WE DO OUR IMPACT IN THE COMMUNITY At Parks Foundation Calgary, we create parks through partnerships with communities. PROGRAMS & SERVICES Bringing new parks, playgrounds, pathways and natural spaces to Calgarians

Grants for community-led Accounting and fund management projects and amateur assistance for communities and sport groups non-profit organizations

We exist so all Calgarians can enjoy a healthy lifestyle by providing easily accessible and unique, MISSION sport and green spaces. &VISION We create thriving communities and public spaces.

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT 1 2017 IN REVIEW MESSAGE FROM THE CHAIR & CHIEF EXECUTIVE OFFICER

Calgary’s unique and plentiful parks The David Richardson Memorial Disc Golf Park, located in the northwest community of Royal Vista, are a defining feature of our city. will open in the spring of 2018. In Taradale, the northeast section of the pathway will soon be home At Parks Foundation Calgary, we create parks though to the new Manmeet Singh Bhullar Park, which is partnerships by connecting donors and partners with breaking ground in summer of 2018. park and sport projects. Our programs and projects take several forms – building, giving and supporting – all directly impacting local communities. We give. Parks Foundation Calgary is proud to support non-profit groups with much needed grant funds for their projects. In 2017, the Amateur Sport We build. Ten years in the making, the Grant Program, a partnership with the Calgary Rotary/Mattamy Greenway is a 138km pathway and Flames Hockey Club and the Saddledome amenities system that encircles Calgary. In 2018, Foundation, awarded almost $1 million in grants for we are set to complete the final four kilometers equipment and facilities to qualified sport of pathway in the north and are planning other organizations. Through the Building Communities enhancements to improve the user experience. Program, Parks Foundation Calgary also awarded grants for 19 playground and community projects. Two new park amenities will soon be added to the Rotary/Mattamy Greenway. We support. Communities often require a variety of support services in order to turn their project from dream into reality. Parks Foundation Calgary’s Project Gift Administration Program provided free accounting services to 24 new projects in 2017, bringing the total to 71 ongoing projects.

Local projects were also given other forms of assistance from the Foundation, such as volunteer sourcing and project management.

We are frequently told how much Calgarians love and appreciate the approximately 1,200 benches that are located in parks and along pathways throughout Calgary. This year, we successfully expanded the dedication program to include picnic tables.

2 PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT We would like to thank the City of Calgary, the Government of Alberta, the Government of Canada, our Fundraising Chairman Jim Davidson, our Patrons Council, Rotary, Mattamy Homes, the Calgary Foundation, the Saddledome Foundation and the many other organizations, corporations and individuals who supported us during the year.

To the volunteers, Board of Governors, Committee members, playground construction teams and enthusiastic event champions, who have all generously given their time, we offer our sincere appreciation and thank you.

We also want to recognize the outstanding staff at Parks Foundation Calgary for the work they do every day and for their dedication to our organization. Without these individuals, all the exceptional things we do would not be possible.

Sincerely,

Don Baird Chair, Board of Governors

Sheila Taylor Chief Executive Officer

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT 3 BOARD OF GOVERNORS

Left to right: Jim Davidson, Mary Federau, Don Baird, Patricia Steele, Emma May, Sherry Austin, David Inhaber, Anne Charlton, Kim Koss

Missing: Bob Nasser, Dave Ardell, Ian Playfair, Gregory Forrest, Kristin Yarish, Mark Terrill

STAFF

(Left to right)

Front row: Karla Gervais, Project Manager Alexandra Velosa, Marketing Manager

Back row: Sara Stepa, Program Manager Dolores Sakauye, Accounting Manager Sheila Taylor, CEO Sheila Ferguson, Assistant to CEO & Bench Program Manager Steve Duncan, Financial Controller

4 PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT ORGANIZATIONAL SUMMARY

The Parks Foundation Calgary’s Board of Governors was created by private citizens in conjuction with City Council

Chair Vice Chair Committee Chairs Secretary Treasurer Appointed Citizens Chamber of Commerce Representative The City of Calgary Representative Saddledome Foundation Representative

COMMITTEES & ADVISORY GROUPS

GOVERNANCE COMMITTEE FINANCE & AUDIT COMMITTEE PATRONS COUNCIL Provides a focus on governance Responsible to report to the Advisory committee for the to enhance the performance Board of Governors Rotary/Mattamy Greenway project of Parks Foundation Calgary on the financial state of the Jim Davidson, Chair organization Patricia Steele, Chair Dr. Chen Fong Don Baird David Inhaber, Chair John Langille Kristin Yarish Don Baird John Dielwart Mark Terrill Brian MacInnis Paul Colborne Sherry Austin Ian Playfair Ron Poelzer M. Blake Walker Ruth Ramsden-Wood Mark W. Fletcher Scott Bratt Patricia Steele Scott Saxberg Vincent Chahley

AMATEUR SPORT COMMITTEE BUILDING COMMUNITIES MAJOR PROJECTS ADVISORY COMMITTEE COMMITTEE Reviews applications for the Amateur Sport Grant and provides Reviews applications for the Identifies potential recommendations to the Building Communities Grant and building projects Board of Governors provides recommendations to the for Parks Foundation Calgary for final approval Board of Governors and provides recommendations to for final approval the Board of Governors Dave Ardell, Chair Bob Nasser Ian Playfair, Chair Emma May, Chair Perry Cavanagh Amber Stewart Anne Charlton Ryan Boyd Brian MacInnis Jim Davidson Sue R Scott Gregory Forrest Kim Koss Tanya Kahanoff Jag Dhawan Julie Guimond Matthew Blair Sameena Siddiqui

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT 5 The Rotary/Mattamy Greenway puts ‘Calgary on the map as one of the most famous connected cities in the world for biking, walking & enjoying outdoors. - Calgary Herald, 2017’

6 WE BUILD PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT ROTARY/MATTAMY GREENWAY THE GREAT GREEN CONNECTOR

DAVID RICHARDSON MEMORIAL DISC GOLF PARK

MANMEET SINGH BHULLAR PARK

SPORT & FITNESS

DOG PARK

WETLAND

NATURE PARK

PLAYGROUND

MEMORIAL PARK

ONGOING CONSTRUCTION

PATHWAY LINKED IN 2017

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT WE BUILD 7 A CELEBRATION TO REMEMBER

In summer 2017, Parks Foundation Calgary celebrated the progress of our signature project, the Rotary/Mattamy Greenway, in conjunction with Canada’s 150th anniversary.

Calgarians were challenged to walk, run, cycle or skate 150 kilometres on the Rotary/Mattamy Greenway. Over 3,000 people signed up for the challenge and commemorative medals were given to those who succeeded.

On September 2nd Parks Foundation Calgary hosted the grand opening of the Rotary/Mattamy Greenway with celebrations at parks in each quadrant of the city. Mayor Nenshi and other dignitaries took part, and their speeches were broadcast on jumbo video screens at each event location. In total over 7,500 people attended the celebrations.

8 WE BUILD PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT DAVID BISSETT

COLLEEN POUND JIM MURRAY NORTON ROSE THE PETER GILGAN INTERNATIONAL DAVIDSON EDWARDS FULBRIGHT FOUNDATION

TRAVIS IMPERIAL OIL JOHN ALLAN MODERN mountain view GOLDFELDT FOUNDATION MAGUSS MARKIN STEAKHOUSE printing & graphics ltd.

BOB NATASHA NASSER PEACE

GLEN AND JEANNETTE VERA BETTY DON & HAZEL STAR VALLEY MARK RICHARDSON ROSS SELBY SKINNER OIL & GAS TERRILL

DAVE & PENNY WILSON FAMILY FOUNDATION

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT WE BUILD 9 MANMEET SINGH BHULLAR PARK A TRIBUTE TO ONE OF ALBERTA’S GREATEST SUPPORTERS OF COMMUNITY

BRINGING PEOPLE & COMMUNITIES TOGETHER

2017 was a great year for progress on this new and exciting community park space. In March, funding Once completed, this park, with its was confirmed for the completion of this new park ‘majestic trees, beautiful vibrant to be built in memory of the late MLA Manmeet colours and multi-purpose gathering Singh Bhullar. spaces, will embody his

Generous grants from both the Calgary Foundation (Manmeet Singh Bhullar) spirit as well and The City of Calgary have provided funding for as his strength. this amazing project and the last missing links of - Namrita Rattan the Rotary/Mattamy Greenway. The detailed park ’ construction plans were developed and approved in 2017.

The park, scheduled to be constructed in the summer of 2018, will include a 300 tree forest containing five distinct groves, five steel archways, large harvest tables for gatherings and a plaza to commemorate Mr. Bhullar.

10 WE BUILD PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT DAVID RICHARDSON MEMORIAL DISC GOLF PARK A WORLD CLASS TOURNAMENT VENUE

AN OUTSTANDING DISC GOLF COURSE FOR CALGARIANS

This disc golf park has been built in memory of David Richardson, a respected member of Calgary’s auto community and an avid disc golfer. With generous efforts from both the Richardson Family and Parks This park is proof that with great Foundation Calgary, the project became fully funded ‘passion and a strong community, in 2017. anything is possible! With planning and design complete, the project ’- Treasure Richardson began construction in late summer 2017 in a 27 acre site in northwest Calgary. The majority of construction was completed in 2017 with a park opening date being planned for June of 2018.

The park will be an 18-hole, tournament level course that will be free-of-charge and accessible to all Calgarians. It will be considered one of the best disc golf facilities in North America.

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT WE BUILD 11 These projects happen because ‘ communities roll up their sleeves. -Sheila Taylor, CEO Parks Foundation Calgary’

12 WE GIVE PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT BUILDING COMMUNITIES PROGRAM CREATING PARKS THROUGH PARTNERSHIPS

The Building Communities Program helps to support a variety of community-led park initiatives by awarding grants of up to $25,000. In addition to grant funding, we provide ongoing project support to increase the skill set and capacity of our community partners as they strive to provide new and valued local spaces. Since the program began in 2009, over 150 community-led projects have been completed, valued at over $23 million.

Each year, we support our community partners As we build connections, we engage corporate throughout the lifecycle of their projects by bridging volunteers to support the construction of connections and creating partnerships with corporate community-led projects, saving our communities groups, grant funders, volunteers, and all levels of valuable dollars. This year, we coordinated 10 government. These partnerships are vital to the corporate volunteer days with the following companies: success of the Building Communities Program each year. n Timberland Canada n Taqa North Ltd. n Pembina Pipeline Corporation n Marsh Ltd. n Devon Canada n Suncor n Longshore Resources

IN 2017 THE BUILDING COMMUNITIES PROGRAM SAW THE COMPLETION OF 19 PROJECTS, VALUED AT $4,676,798

n Belfast School Playground n Capitol Hill School Naturalization n Dr. J.K. Mulloy Eduscape n Ecole Holy Name Outdoor Enrichment Project n Eric Harvie School Playground n Erin Woods School Playground n Heritage Christian Academy Playground n Midnapore School Playground Rebuild n Mills Park Natural Play Space n Mountain Park n North Glenmore Park Playground n Queen Elizabeth Elementary School Playground n Saddleridge School Playground n St. Boniface Elementary School Playground n Strathcona Playgrounds (2) n Taradale Fitness Park n Variety Park Accessibility Enhancement Project n William Reid School Playground

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT WE GIVE 13 As we continue to grow and expand, the ‘new equipment will allow us to remain competitive both nationally and provincially. - Killarney Synchronized Swimming Club’

14 WE GIVE PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT AMATEUR SPORT GRANT PROGRAM PROMOTING AMATEUR SPORT DEVELOPMENT

As part of the Saddledome Foundation’s establishment of an Olympic legacy, the Amateur Sport Grant Program was created. The joint community partnership between Parks Foundation Calgary, the Calgary Flames Hockey Club and the Saddledome Foundation has continued to thrive since 1987 awarding more than $13 million in grants to over 500 sport related projects in Calgary.

THE FOLLOWING 18 ORGANIZATIONS WERE GRANTED A TOTAL OF $968,785 IN 2017:

n Alberta Biathlon Club n Alberta Field Hockey Association n Alberta Netball Association n Alberta Ski Cross Association n Alberta Slalom Canoe Kayak n Altadore Gymnastics Club n Calgary Adrenaline Fastball Association n Calgary Foothills Soccer Club n Calgary High Performance Rugby Association n Calgary Kangaroos Australian Football Club n Calgary Olympic Development Association (WinSport) n F.E. Osborne Parent Association n Glenmore Sailing Club n Killarney Synchro Swim Club n Lindsay Park Sports Society (Repsol Sport Centre) n Nose Creek Sports and Recreation Association (VIVO) n Phoenix Education Foundation n Stampede City Gymnastics Club

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT WE GIVE 15 16 WE GIVE PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT CONCEPTUAL DRAWING GRANT VISUALIZATION OF PROJECTS

Parks Foundation Calgary’s Conceptual Drawing Grant program awards up to $5,000 to hire a landscape architect or designer to provide a professional drawing that reflects the innovative vision of a community.

The conceptual drawing allows the community to visually communicate their unique project idea, helping them gain preliminary approvals, and additional community and funding support.

CONCEPTUAL DRAWING. HARVEST HILLS COMMUNITY HUB

IN 2017, PARKS FOUNDATION CALGARY AWARDED

4 CONCEPTUAL DRAWING GRANTS TO THE FOLLOWING PROJECTS:

n Heritage Christian Academy Playground Landscape Design

n St. Augustine Fine Arts School Outdoor Learning Café

n Haysboro Community Haddon Road Pump Track

n Dalhousie Elementary School Nature Revitalization

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT WE GIVE 17 18 WE SUPPORT PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT DEDICATION PROGRAM BENCHES & PICNIC TABLES Enhancing Calgary’s parks and pathways through dedication tables and benches.

For over 25 years, Parks Foundation Calgary’s Dedication Program has allowed friends and families to dedicate a bench in one of the city’s numerous parks and pathways.

Each of the 1,200 benches conveys a different story through the words engraved on a customized bronze plaque.

IN 2017 58 BENCHES & 2 TABLES WERE DEDICATED AROUND THE CITY.

In 2017 Parks Foundation Calgary expanded the dedication program to include picnic tables.

These beautiful, brand new tables are made from red meranti wood and seat up to six people, with the option to accommodate strollers and wheel chairs at one end.

Dedication tables are available in 6 signature city parks: Stanley Park, Riley Park, North Glenmore Park, Bowness Park, Confederation Park and Edworthy Park.

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT WE SUPPORT 19 PROJECT GIFT ADMINISTRATION HELPING CALGARY’S COMMUNITIES REALIZE THEIR DREAMS

Through this program we provide accounting support to community-driven projects, issuing tax receipts for eligible donations, processing payments for approved invoices and providing financial reports for the project upon request.

IN 2017 PARKS FOUNDATION CALGARY’S PROJECT GIFT ADMINISTRATION PROGRAM (PGA) APPROVED 24 NEW COMMUNITY-DRIVEN PROJECTS

4th Avenue Flyover Playground Banff Trail Indigenous Circle of Life Children’s Village Playground Dalhousie Elementary Playground Eugene Coste School Playground Evanston-Creekside Community Garden F. E. Osborne Outdoor Sport Court Haysboro Community Park Phase 2 Hidden Close/Hidden Way Park Renewal Highland Park Playground Mount Aberdeen Playground Phoenix Foundation Gymnasium Floor Prospect Trail Renfew Community Garden Samuel W. Shaw School Signal Hill Circle Park Southfour Fastpitch Softball-Ball Diamond Upgrade St. Andrew School Playground St. Teresa of Calcutta Park Strathcona Life Cycle Playground Replacements (2) Thorncliffe Playground Replacement Uplands in Hawkwood Playground Redevelopment Wildwood Community Playground

BRINGING THE TOTAL TO 71 PROJECTS WITH ONGOING SUPPORT

20 WE SUPPORT PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT JOHN CURRIE AMATEUR SPORT LEGACY FUND SUPPORTING THE GOALS & DREAMS OF AMATEUR ATHLETES

As a result of the 1983 Western Canada Summer Games, a Legacy Fund of $250,000 was established with the Repsol Sport Centre to support amateur athletes and amateur sport. Inspired, the Repsol Sport Centre raised additional funds from generous donors to increase the value of the Legacy Fund to $1 million dollars, naming it in honour of a community champion, John Currie, the President of the 1983 Western Canada Summer Games. The John Currie Amateur Sport Legacy Fund awards bursaries annually to athletes with financial need, that are training in Calgary. It plays a vital role in supporting talented, high performance athletes in their competitive journey and has an incredible impact on Calgary’s athletes, creating new opportunities for sport excellence.

REPSOL BURSARY RECIPIENT: ALISTER MCQUEEN Para Athletics, Javelin CALTAF When we look upon ‘the past year, and the LINDSAY PARK SPORTS SOCIETY BURSARY RECIPIENTS: remarkable achievements of the bursary award DUSAN RADOJCIC Water Polo, Water Polo Canada winners, it is truly MARGO ERLAM Diving, Dive Calgary gratifying to partner with JENNIFER BROWN Para Athletics – Discus, CALTAF the athletes, coaches, CASSANDRA WINKELAAR Synchronized Swimming, Calgary Aquabelles ARETEHYA HABERMAN Rhythmic Gymnastics, Chinook Rhythmic and support teams that Gymnastics Club have been such important JEREMIE BLANCHARD Water Polo, Water Polo Canada contributors to their ALEXANDER PRATT Swimming, Cascade Swim Club success. TEAH HOFFMAN Synchronized Swimming, Calgary Aquabelles TATIANNA CONN Diving, Dive Calgary Jeff Booke,’ CEO of Repsol Sport Centre ALEKSA STANIC Water Polo, Water Polo Canada ALEXANDER KATELNIKOFF Swimming, Cascade Swim Club CHRISTINE DE BRUIN Bobsleigh, Bobsleigh Canada Skeleton SABRINA DREW Water Polo, Calgary Renegades Water Polo Club KARINA BOECKX Rhythmic Gymnastics, Chinook Rhythmic Gymnastics Club

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT WE SUPPORT 21 BOB FREEZE SPORT GRANT SUPPORTED BY CALGARY BOOSTER CLUB

Bob was the President of the Booster Club in 1959 and 1960. He was named the Sportsman of the Year in 1965. His lifelong passion and enduring legacy was his commitment to promote and develop grass roots sports. He passed away in 2011. In recognition of his support of youth athletes, the Calgary Booster Club will provide awards of up to $1000 to youth athletes up to the age of 16 years old. In addition, the Cal- gary Booster Club will choose one organization each year and will provide financial support up to $15,000. In 2017 a total of $48,000 was awarded through the Bob Freeze Sport Grant.

BOB FREEZE GRANT BOB FREEZE GRANT INDIVIDUAL RECIPIENTS MAY 2017 INDIVIDUAL RECIPIENTS OCTOBER 2017

NOLAN ANDERSON Basketball KAYLEE BOGGS Soccer SAM BOLTON Ski Jump HANNAH DUQUID Soccer EMILEY BURT Track ALEXIS EVIS Soccer BAILLIE COLLINS Figure Skate PARKER GAWRYLETZ Artistic Gymnastics MERCEDZ CORKUM Soccer TERRANCE LANGDON Soccer JAIME CZARKOWSKI Synchro Swim BRENLEY MARTIN Acrobatic Gymnastics CONNOR HOWE Long Track RYANN MARTIN Acrobatic Gymnastics MIRANDA KASKO Swim MICHELLE PENG Soccer AUSTIN LANGDON Soccer COLE PRATT Swim TORRANCE LANGDON Soccer KYLIE RIGIO Soccer BRENLEY MARTIN Acrobatic Gymnastics JOCELYN TAYLOR Slalom Kayak DAWSON NODWELL Figure Skate ZERIND TELEKY Water Polo MATEJ PEDERSON Speed Skate GRACE TELFORD Soccer ZACHARY POIRIER Track JACOB VAN GEEL Volleyball ELISE SAUVE Badminton ZACHARY VAN GEEL Volleyball JOCELYN TAYLOR Kayak MICHELLE WONG Figure Skating MAXIMUS THIESSEN Track CONNOR WILSON Slopeside

2017 ORGANIZATION RECIPIENT

The 2017 recipient of the $15,000 organization grant was “Dare to Care” a program considered by educators to be the most effective and comprehensive Bully Prevention program available in Canada. Dare to Care now delivers programs for sporting organizations to tackle bullying head on to help keep youth active in sports.

22 WE SUPPORT PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT ART SMITH AMATEUR SPORT LEGACY FUND SUPPORTED BY CALGARY BOOSTER CLUB

This fund is named in honour of Art Smith, a founding member of the Calgary Booster Club, who was universally recognized as a great Canadian and popularly known as Mr. Calgary. In a partnership be- tween the Calgary Booster Club and Parks Foundation Calgary, we are building an endowment fund to provide assistance for amateur athletes. Casino funds are used to supplement the grants by supporting scholarships for student athletes attending post-secondary education institutions.

ART SMITH AMATEUR SPORT LEGACY FUND 2017 RECIPIENTS

CYNTHIA APPIAH Bobsleigh MARK ARMSTRONG Trampoline Gymnastics MEGAN BANKES Biathlon ALYSIA RISSLING Bobsleigh MARTIN CORBETT Speed Skating HALEY DANIELS White Water Slalom Canoeing CHRISTINE DE BRUIN Bobsleigh ALISON DESMARAIS Short Track Speed Skating KARA DOUVILLE Para Road Cycling WILLIAM DUTTON Long Track Speed Skating JANE GIRGULIS Sprint Kayaking RONEN GROS Water Polo KEIL HILLIS Short Track Speed Skating JACLYN LABERGE Skeleton JESSE LOUTIT Rowing DYLAN MARINEAU Freestyle Skiing Slopestyle EVAN MARINEAU Freestyle Skiing Halfpipe MARIKA NADAL Short Track Speed Skating MADDISON PEARMAN Long Track Speed Skating ELLEN PENNOCK Triathlon HALLE PRATT Synchronized Swimming CARLA SHIBLEY Paracycling VICTORIA SPENCE Long Track Speed Skating

Providing support for amateur athletes. For decades the Calgary Booster Club has supported and recognized programs that showcase the best of Calgary’s athletes and sports leaders. Together with Parks Foundation Calgary, the Calgary Booster Club awards bursaries every year to amateur athletes through the Art Smith Amateur Sport Legacy Fund and the Bob Freeze Sport Grant.

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT WE SUPPORT 23 DONORS Parks Foundation Calgary would sincerely like to thank all donors who have supported the projects and programs that took place in 2017. While every attempt has been made to ensure the accuracy of this information, we sincerely apologize for any errors or omissions.

4TH AVENUE FLYOVER PROJECT Dabisza, Colin Leong, Deborah Bridgeland/Riverside Community Decker, Cathy Lorenz, Dean Association Delisle, Francis Luther, Tracy Calgary Foundation, The Dengis, Daniel Mackie, Zarina City Of Calgary Dibski, Paula MacRae, Simone IBI Group Domsa, Sorana Mansell, Sheila Donnelly, Kayla Martin Jr., Greg ALBERTA BIATHLON CLUB Dr. Brian Yu Inc. Martin Sr., Greg Gernot Kostera Charitable Foundation, The Dumont, Leanne Martin, Derby Dunnet, Karen Martin, Kevin ART SMITH LEGACY FUND Edworthy, Aaron Martin, Norma Calgary Booster Club Engen, Jeffrey Martyn, Shari Battalion Park Project Fagan, Arthur McBroom, Brian Rankin, Mel Gaume, Jill McBroom, Gordon Geib, Jason McBroom, Sandra BELFAST SCHOOL OUTDOOR Gillespie, Matt McCosh, Robert BEAUTIFICATION AND Graddon, Arthur McDonald, Angelica NATURALIZATION PROJECT Graham, Brendan McIntyre, Dennis Belfast School Graville , Jennifer McKenzie Lake Community Association Greaney, Kathy Miles, Kent BENCH AND TABLE DEDICATION Greene, Lorna Mohr, Jonathan PROGRAM Hamilton, Marilyne Moote, Sharon A. E. Cross School Hamilton, Marjorie Morison, James Abouna, Cathy Henry, Shannon Mueller, Hayley Ahmad, Ayman Herbst, Esther Mueller, Leah Ainsworth, Bob Hettinga, Tamara Mykyte, Brent Aldous, Cindy Hewton, Michael Naruzny, Sandy Ashford, Douglas Hobbs, Judy Nav Canada Bambury, Don Honey, Michael Nielsen, Bent Barraclough, Wayne Houston, Marilyn Nkemdirim, Lawrence Battalion Park Howell, Edwin Obrigewitsch, Kerry Benard, Tracy Hudson, John O’Loughlin, Mark Bickley, Ed Hughes, Leigh Ann Olynyk, Darlene and Ryan Bird, Michelle Jacobs, Judie Osborne, Dan Bodeux, Douglas Jin, Joosun Othitis, Christine Bozek, Linda Johnson, Marvin Overmars, Robert Bronconnier, Dave and Cindy Joshi, Manish Palardy, Tracy Brooke, Carolyn Jurcic, Jessica Papalia, Koren Kapoyannis, Theodora Perry, Cheryl Brown, Jeff Brown, Joyce Karras, Irene Polegi, Brenda Brown, Sonya Kirk, Mary Porter, Gail Butters, Wayne Kosarycz, Tatiana Qin, Wei Carr, Clyde Kwok, Eagle Randell, Brenda Carvalho, Chris Larkins, Donald J. Reinhardt, Erin Chadwick, Susan Lavoie, Paul Richardson, Ken Chinook Chapter No 133 Order of the Lazaruk, Darren Richmond, Amy Eastern Star Leffelaar, Daniel Roberts, Karlyn Clark, Barb Leffelaar, Jordan Robertson, Janice Colquhoun, Iain Leffelaar, Joshua Robinson, Cindy Cormier, Denise Leffelaar, Philip Robinson, Cynthia

24 PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT Rude, Noreen BUILDING COMMUNITIES GRANT Cheng, Cherene Russo, Barbara FUND Clarke, John Rutherford, Mary Anne City of Calgary Cloghesy, Betty and John Ruttan, Julie Coe, Geoffrey Neil Sampson, Curtis CALGARY FOUNDATION FOR Crawford, Alexis Schultz, Barry SWIMMING EXCELLENCE Dalgetty, Tracey and Barrie Schultz, Eric Ballem, Jarrod Dansereau, Darren Schultz, Timothy Ballem, Josh Davie, Dwayne Schultz, Wilson Bennett, Dave De Silva, Rohan Schulz, Andy Blondal, Mike Deakin, Lisa Scullion, Stephen Booke, Jeff Degroot, Bonnie Jean Selsing, Kayla Brothers, Alex and Nancy D’Hondt, Colleen and Trevor Serra, Jen Cannon, Elizabeth Diamond, Kimberley J. and Neil, Murray Sesenwein, Peter Castillo, Juan Domstad, Helen Sessenwein, Chadd Cormack, Richard Duggan, Jennifer Sessenwein, Geoffrey Corson, Robert Duncan, Penny and Brian Sessenwein, Laynie de Vlieger, Dave Elias, Terrance Shaganappi Point Mens Club de Vlieger, David Ellacott, James Sirrs, Tricia Delany, Colleen Eremenko, Rick Smith, Jim Dixon-Wells, Lisa Escaravage, Paul Spalding, Esther Duggan, Keltie Fenton, Zachary Spitzer, Elaine Godfrey, Tayen Fernandes, Gerard Springer, Angela Gowdy, Jean-Paul Fleming, Karyn Stephen, Estate of Patricia Harfield, Leagh Freeman, Wendy and Colin Stevens, Rob Harper, Karen Frischbutter, Bryan and Kristen Stevens, Sharron Hyder, Cameron Fritz, Paul and Sharlene Szabo, Lois Kornfeld, Paul Gerein, Curtis Tang, Margaret Kostka, Matt Goldthorpe Insurance and Financial Taylor, Paul Kuchinka, Ron Services Inc. Taylor-Berkley, Danette Morrow, Mike Golin, Tanis Thompson, Michael Naimish, Ann Gordon, Scott Tillman, Charles Nicholson, Trevor Gorsline, Sheree Tolentino, Fritz Norman, Kristan Grolla, Brock and Jamie Traptow, Keith Rule, Jon Gutsell, Sheri Traptow, Murray Snow, Lorna Hall, John Traptow, Paul Stevens, Annabel Hands, Cindy Twa, Ryan Sutton, Danielle Harder, Brian United Way Donor Choice Program Three Sisters Charitable Foundation Heighington, Dawn Variety The Childrens Charity Tyson, Carli Heinz, Brent Von Mirbach, Carl Verjee, June Herget, Sheri Walleghem, Eloise Holman, Rhonda-Lyn Ward, Steve CALGARY GYMNASTICS CENTRE Hoyem, Kitty Weaselhead Glenmore Park Preservation BUILDING FUND Hulston, Christine Society Alibhai, Kimberly Ian K. Y. Lo Professional Corporation Wieninger, Peter Asghari, Ali Ibach, Sheldon and Patricia Wong, Jane Barrett, Jennifer Iversen, Angel World Health Battista, Jennifer Jewan, Robert and Deborah Wynia, Cheryl Bechard, Ryan Johnson, Dayna Young, Ken Beckett, Alan and Kara Johnson, Pamela Zielinski, Malgorzata Behl, Sasha Johnson, Ryan Skyler Zwarich, Patricia Bell, Maureen and Edwin, Arnold Johnson, Shauna Bilton, Haley Johnston, Amy BIKE TO WORK Bodtker, Stewart Kalynchuk, Cathy Bryce A. McDougall Professional Boucher, Paul Keller, Kurt and Arlana Corporation Boyle Collins, Suzanne Kern, Mitch and Melissa Mattamy (NorthPoint) Limited Brassart, Gilles Kingwell, Blair Stantec Consulting Ltd. Brouillet, Anick Kireeva, Vladimir Button, Bonnie Kirkpatrick, Andrew BOWNESS MEMORIAL MONUMENT Cairns, Marianne Koustova, Julia Lunt, Linda Campbell, Chaya Kramer, Tamara Carlson, Michelle Kuprash, Erika Cato, Laurie Kwan, Sienna Chan, Hing Lin Kwong, Jennifer

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT 25 Lambe, Shelly Timmons, Shannon Causgrove, Robert and Tanya Lamoureux, Danielle Topham, Catherine and Darren Chinook Park/Kelvin Grove/Eagle Ridge Lawrence, Natasha Ulmer, Martha Community Association Levy, Patricia Vecchio, Romano Cosman, Frank Lister, Heather Vergie, Kelly Crawford, Henry Magus, Chad Watts, Karla Daigle, Robin Malaschuk, Megan Weatherhead, Therisa Dawson, Rob Marshall, Karen Wetteskind, Tricia Dietrich, Janet Marshall, Sandra Whelan Kotkas, Samantha Doyle, Christopher Martel, Jennifer Wishlow, Claudette Duguid, Bryan Mason, Gina Wong, Andy Dunsmore, Terese McCaig, Alan and Kathryn Wong, Ray Elford, Susan McLellan, Byron and Lori Wood, George English, Barb McLeod, Donna Woolgar, N. Brock Frazer, John Melnicenco, Chira Yoshimura, Richard Froese, Denise Meyer, Sheri and Corey Frydberg , Jana Miceli, Matt CANADA 150 EVENT Gingrich, Jennifer Michalski, Mark Canadian Heritage Godenir, JoAnn Michaud, Esther City of Calgary Godenir, V. Jason Mohorea, Georgina Colleen Pound International Gore, Jesse Mook, Nicole and Jon Ground 3 Guggisberg, Kelly Mountain, Annette Kidnation Playgrounds Ltd. Gurevitch, Allison Mullin Innes, Carrie Maguss, John Gurevitch, Cheryl Neal, Paul Mattamy Homes Haggis, Barbara Novotny, Martin Mawer Investment Management Ltd. Hakomaki, Allison Oh, Grant Nasser, Bob Harmon, Natalie Pachet, Jennifer Park N Play Design Heater, Sheila and William Parker, Carrie Richardson, Glen Hill, Barrie Pasko, Ryan and Tenneal Rotary Club of Calgary - South Hind, Sonja Payne, Debra Terrill, Mark Holmes , Brett Payne, Jackson TransCanada Pipelines Ltd. Horne, Terry Pedersen, Kurt Vilmac Inc. Howe, Jane Phaneuf, Greg and Roxane Hulmes, Roberta Poon, Joe CAPITOL HILL SCHOOL OUTDOOR Hunter, Randall Probe, Jacqueline and Jason PROJECT Hyder, Lois Radke, Kevin and Sletmoen-Radke, Julie Calgary Foundation, The Hyndman, Matthew Randall, Carrie Jerome Ybema, Sonja Johnson Reid, Shelly CHEVRON LEARNING PATHWAY Koch, Alex Resta, Theresa and Stephen Chevron Canada Resources Konihowski, Diane and John Ross, Alex Kuehner, Melissa Ross, Bonnie CHILDREN’S VILLAGE PLAYGROUND Lamont, Gregory Rousom Lee, Lynne Chen, Nicole Law, Graham Ruttan, Corey and Jayne De Leebeeck, Barbara Lipkind, Joel and Salley Ryane, Alixe and Leah, Jaret Michaels, Gilda Lundgren, Nadine Sabbagh, Maha Patton, Marie Maclachlan, Judy Saito, Yuko Shaw Communications Inc. Makinson, Michael Sanchez, Andres Mallabone, Joni Sawatzky, Cheryl L. Ritter CKE COMMUNITY CENTRE Mandry, Ian Sawby Couture, Shari Arsenault, Brandis Matthews, Christopher and Colleen Shepherd, Jeff Bacon, David Matthews, Colleen and Bob Sirrs, Shawn Barrett, Kent McFarlane, Jeanette Skipper, Michael Bechard Kuehner, Melissa McGregor, Linda Smith, Ioanna Blackhall, Gael McKinnon, David Soloski, Dale and Sherry Anne Boardman, Susan and Nelson, Brian McQuiston, Andrew Stanier, Sarita and Darryl Boswell, W.P. Messer, Dawn Stein, Dean Brady, Sean and Debra Milne, Jordan Stepien, Kathy Broeke, Elizabeth Milne, Pamela Sutton, Stacey Broeke, Roger Moore, Bill Szilagyi, Zita Calgary Foundation, The Moore, Brad and Heather Taher, Dina and Sadd, Ziad Campbell, Bruce Moore, Heather Tansowny, Shanda Canadian Online Giving Foundation Morley, Kent Tennakoon, Uthpala Capper, Norman Murley, Ian Thompson, Krista Carscallen, Gavin Newell, Gary

26 PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT O’Dwyer, Alison Hergott, Patrick Croft, Michael Orr, Christopher Houweling, Lenny Cunningham, Tanya Paterson, Shannon Kobor Family Foundation Dansereau, Darren Patterson, Arthur Lamont, Clarke Deegan, Tony Pearn, Craig Lebsack, Norma Derwantz, Rick Perlette, Margaret and Michael Linder Armitage Developments Inc. Dr. Roberta Bondar School Philip and Harriet Libin Family Lorenz Mechanical Ltd. Developement Association Foundation, The McPhee, Mary Duncan, Trevor Pontin, Timothy and Jacqueline Meggs, Kari Endicott, Brett Prokop, Veronica Mohamed, Shenoor Feeney, Jay Rampaul, Marc Moore, Betty Ferneyhough, Andrea and Chris Redeemed Christian Chruch of God Mumford, Grant Fisher, Maxine Amazing Grace Assembly Calgary Mumford, Stephanie Forero, Helene Resch, Leah Penney, Dan Ghorbani, Saman Roach, Colin Provident Foundation Gilroy, Brandy Robertson, Douglas RBC Foundation Gobert, Margaret Ryan, Lori Reinboldt, Chad Goehring, Dale Ryckman, Roberta Richardson, Treasure Golinowski, Sandra and Brad Sheppard, Colin Rick Balbi Architect Ltd. Greenpath Energy Ltd. Skov, Carolyn Rocky View Glass and Window Ltd. Gunderson, Julie Smith, Stephanie Rotary Club of Calgary - South Gupta, Shikha Stabler, Antra Rubydale Asphalt Works (2006) Ltd. Haider, Seemab Story, Julie Ruff, Joan Hassan, Dana Abu Sutton, Susan Saville, Katelynne Hovdebo, Charissa Thomas, Alice Seto, Melba Howland , Lisa Thomson, Lana Shaw, Richard Joaquin, Buenaventura Townley , June Sisson, Frank Jones, Shellie Walcot, Andrew Skead, Lane Kay, Joanne Walker, Ian and Brenda Slaney, Yvette Kessler, Pamela Wares, Sheila Stone-Lane Properties Ltd. Kha, Thao Weber, Gord Taylor, Sheila Khartchenko, Alissa Wiggers, Charlene The William Appleby Family Langlais, Pierre Wynne, Graham Thompson, Jack Laviolette, Jackie Yeo, Ryan Toyota Canada Ltd. Leung, Donald Yuen, Helen Tri-Stad Construction Inc. MacDonald, Paul and Susan Wheaton Family Foundation MacKenzie, Jaime CONNAUGHT PARK DEVELOPMENT Wolsey Structural Engineering, Ltd. Mandemwa, Mavis Thomson, John Mark, Heather DR. J. K. MULLOY SCHOOL Marks, Chris and Rebecca DALHOUSIE ELEMENTARY EDUSCAPE PROJECT Masagbor, Isi PLAYGROUND Dr. J. K. Mulloy Elementary Program Mathews, Jennifer Dalhousie Elementary PAC Casino Enhancement Society Merrett, John Holder, Kari Dr. J. K. Mulloy School Miller, Suzanne Kuervers, Tara Tree Canada Mishra, Priya Schacht, Edmund MKJ Consulting DR. ROBERTA BONDAR SCHOOL Mok, Laverne DAVID RICHARDSON MEMORIAL DISC PLAYGROUND Montgomery, Allison GOLF PARK Acton, David Nelson, Alana AAES Canada Ltd. Agasi, Tamara Orton, Dale Acorn Consulting Almeron, Novelyn Ower, David Adams, Mack Athron, Sandra Payne, Bonnie Alcon Electrical Corp. Bartole, Shelly Pinter, Deborah Baskin, Janice Bechtel, Angela Prazak, Jodi Beach, Tim Belden, Daniel Puentes, Wendy Becker, Carol Brittle, Katherine Rahim Ladha Professional Corp. Bridarolli, David Brookfield Residential Robinson, Kevin Calgary Custom Concrete Ltd. Calgary Board of Education Rudakewich, Jasmine Charlesglen Toyota Canadian Petroleum Center Sam, Jennifer Deep Cove Ventures Incorporated Sawyer, Rachel Dohms, Barry Card, Julie Schweitzer, Jen Dubé-Thompson Myrna Carlson, Dana Sharma, Sumesh Filipski, Terri Cole, Dixie Shirtliffe, Ryan Hall, Jacqueline Craig , Ryan and Jennifer SJB Energy Inc.

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT 27 Snell, Wanda Beveridge, Jane HARVEST HILLS PLAYGROUND- Solidaire Investments Breckenridge Builders Ltd. HARVEST GLEN WAY Stearns, Tamara Carey, David Bayda, Janet Stevenson, Olga Cassin, Kathy Bolin, D. and V. Subramaniam, Suresh Connect First Bowen Colthurst, Annette Swarbrick, Craig Cox, Kirby Brandt, Danielle Truman Development Corporation Dreher, Trevor Calgarians for Responsible Development Vienneau, Rebecca Elliott, Elizabeth Cedarglen Homes Walker, James F. E. Osborne Parent Association Cooper, Gerry Weatherhead, Therisa Fallon, Donna Curtis, Susan Wesley, Kaylen and Noel Ferguson, Jack Drackett, Russell Wilson, Ian and Traci Findlay, Ted Fortini , Judy Winsor, Nadine Gartner, Michelle Garstad, Ned Wong, Michael Gorecki, Richard Genstar Development Company Wu, Victor Harms, Sharon Gondek, Jyoti Yarish, Brandi and Bob Hua, Mark Hartwick, David Khalil, Ihab Hauck, Robyn ECOLE HOLY NAME OUTDOOR Kraatz, Claire Hayes, Cheryl ENRICHMENT PROJECT Lardner, Sabine Hofer, Carrie Ecole Holy Name Education Society Leader, Karen Hrynkiw, Cheryl Lee, Jean Janzen, Stacey ELLISTON PARK Lessard, K. Keating, Shane Miklos, Frank MacKay, Russ Kranjcec, Lorraine Vanco Flowers Ltd. March, Heather Livingston , Erin Marr, Jennifer Logan, Meg ERIC HARVIE SCHOOL PLAYGROUND McDonald, Myrna and Donald Luo, Xuan Biagioni, Robin McRae, Jean Luti, Peita Boden, Katherin Meyers, Shawna McCabe, Moraig Chamberlain, Pam Pearson, Lucy Norquay, Cory Crescent Point Resources Partnership Penner, Julie Northern Hills Community Association Cunnington, Santana Peterson, Katherine Perl, Ken Delic, Emir Printz, Wilbert Perl, Nicole Eric Harvie School Pynn, Fred Qualico Communities Eric Harvie School Enhancement Society Radder, Elaine QuantumPlace Developments Ltd. Finley, Mary Reinshagen, Anja Royop Development Corp. Flynn, Zhamak Robson, Robert Russell, Carly Gandhi, Baldev Shaheen, Ahmad Staff, Lisa Helaqui, Mohamed Sibold, Stephen Stanford Realty Advisors Inc. Homes by Avi (Canada) Inc. Siddons, Lisa Stock, Jessica Hughes, Mathew Simpson, Dave TD Friends of the Environment Johnston, Curtis Smith, David Foundation Maitra, Samar Sokolosky, Jason Wahl, Edwin Majumder, Tirthankar Stabbs, Valerie Marchuk, Donald Taylor, Kenneth HAWKWOOD PLAYGROUNDS (4) Mjolsness, Chester Tomlinson, Ryan Hawkwood Community Association Ove Ambiance Food Wanka, E. Riccio, Carmilina Robanske, Carol Wirasinghe, Chan Spray Lake Sawmills Yong, Karen HAYSBORO COMMUNITY PARK St Louis, June Yuzik, Kimberly City of Calgary Team Think Zumwalt, Brad Haysboro Community Association Tran, Khoa Watterson, Sam FOREST LAWN NATURAL HAYSBORO COMMUNITY PARK-PHASE 2 Webb, David PLAYGROUND Burn, Diana ANTYX Community Arts Society Canadian Online Giving ERIN WOODS SCHOOL PLAYGROUND Canadian Online Giving Foundation Haysboro Community Association Erin Woods Parent Association Saddledome Amateur Sport Grant Program HERITAGE CHRISTIAN ACADEMY F. E. OSBORNE OUTDOOR SPORT PLAYGROUND COURT GERRY SHAW PARK Heritage Christian Education Society Anderson, Heather Calgary Foundation, The Calgary Baldwin, James McFarlane-Stanford, Jeanette Beagle, Gary Berg, Linda

28 PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT JACK LESLIE YOUTH Vartazarova, Kseniia NORTH GLENMORE PARK ENVIRONMENTAL AWARD Wang, Jianan PLAYGROUND Brown, Marilynn Warrier, Vidya Airth, Fatima Leslie, Kathleen Jean Wason, Travinder Calgary Foundation, The Leslie, Linda Fay Yee, Susan City of Calgary Czarnecki, Grazyna JOHN CURRIE ENDOWMENT FUND LACROSSE FACILITY-CALGARY Flynn, Sean Felesky, Brian and Stephanie WINTER LEAGUE LACROSSE Huffman, James Kuchinka, Janet ASSOCIATION Jasmin Fauteux Professional Corp. PowerOFFICE Software Systems Inc. RBC Foundation Katay, Tracy RBC Foundation Khangura, Gurinder Tarrant, Robert and Christine MARIO STELLA ESTATE Kiss, Julius Stella, Estate of Mario J. Kiss, Konrad KENNETH D. TAYLOR SCHOOL Koopmans, Janice PLAYGROUND MIDNAPORE SCHOOL PLAGROUND Latos, Trenton Aquilera, Luis Asim, Muhammad North Glenmore Park Community Bamratt, Baljit Belyaev, Sergey Association Becker, Jennifer Bo Jiang, Min Xie Parsons, Sean Brown, Jocelyn Burns, Rebecca Ring, Gary Calbridge Homes Cao, Zhihong Scott, Duncan Robert Campbell, Taran Chalmers-Gibbs, Kristine Scott, Mark Davies, Brenda Cheng, Jing Scott, Robert de Hann, Nikki Cronin, Daniel Steinbrenner, Robyn Dehaan, Cheryl Gao, Lanying Willix Developments Deugo, Stephanie Huang, Zhenni Erhardt, Karina Jiang, Feng OPERATING FUND GBV Contracting Kenna, Andrea Akerman, Kate Gee, Shylo Li, Jiahe Baxter, Theresa Gidda, Navi Li, Ye Brown, Myrtle Hill, Eric Lu, Peng Calgary Foundation, The Hilland, Reese Midnapore School Fundraising Society Canadian Online Giving Foundation Hniedi, Mayssoun Mortinovic, Mike Charlton, Anne Hockenhull, Aimee Xu, Guanghua Dixon, James and Catherine Holmes, Arden Yu, Shihui Drysdale, Ena Huynh, Thanh Zhang, Shi Lin Zhang Enmax Legacy Fund Issler, Ashley Zhang, Yange Guild, Lorna Jayman Financial Zhuang, Sandra Jack, Joan Ji, Lin Larson, Lorne Kenneth D. Taylor Fundraising MILLS PARK Mason, Blair Association Alberta Government Minister of Finance Matsune, Heather Larsen, Jeffrey Disbursement May, Emma Leblanc, Kara City of Calgary McCulloch, Tim Legaspi, Mark TD Friends of the Environment McKillop, Sharlene Leuty, Mason Foundation Napper, Terry Lozinski, Kim On LIne Giving Lung, Say MOUNT ABERDEEN PLAYGROUND Pisko, Charlene Ma, Phuong McKenzie Lake Community Association Popplewell, Lisa Melnyk, Tianna Mountain Park Playground PowerOFFICE Software Systems Inc. Mercer, Chris Dyck, Scott Quinn, Renee Nelson, Eleanor and Thomas Jakubec, Steve Renaud, Ron Palacio, Jose Kinsmen Club of Calgary Foundation Rencor Developments Inc. Pesano, David McKenzie Lake Community Association Rennie, Vanessa Pollock, Brandy Newman, Kelly Stepa, Sara Richardson, Glen Niedermaier, John Terrill, Mark Santiago, Monica Patterson, Julie Western Securities Limited Schreiber, Bree Rabey, Douglas Schulte, Ken Smith, Marilyn PARKDALE GARDEN AND GATHERING Scott, Stephanie Stephanson, Gord SPACE Shpytokovksy, Andrew Tracey, Christine Calgary Foundation, The Smith, Wayne Tree Canada Su, Wenbo Tang, David Tetz, Stef

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT 29 PHOENIX GYMNASIUM FLOOR Visram, Shalzah Banic, Ronda Phoenix Home Education Foundation Big 4 Motors Ltd. SADDLEDOME AMATEUR SPORT FUND Bodnar, Andrea PROSPECT TRAIL Saddledome Foundation Bond Contracting & Construction Inc. Cliff Bungalow - Mission Community Calgary Foundation, The Associaton Gaming Account SAMUEL W. SHAW PLAYGROUND Calsyd Projects Inc. Mount Royal Community Association Samuel W. Shaw Fundraising Society Dixson, Denise Dreger, Craig QUEEN ELIZABETH ELEMENTARY SCIMITAR WESTCHESTER EthanKarter Construction SCHOOL PLAYGROUND PLAYGROUND Ferreira, Anabela Bluebird Contracting Services Ltd. Bertolin, Susan Fournier, Evelyn and George Queen Elizabeth Elementary Buchanan, Robert Gienow Windows and Doors Enhancement Society Campbell, Glen Haffey, Raina Queen Elizabeth PTA Dabrowski, Tadeusz Heath, Daniel Dekate, Namrata Howey, Erin RAMSAY COMMUNITY RINK PROJECT French, Diane Kelly, Michael Birchcliff Energy Giovanetto, Barry Kelly, Raymond Mini Dig Corporation Hamilton, Bob King, Robin Ramsay Community Association Kostler, Carolyn Klazek, Jennifer United Way Donor Choice Program Lebsack, Robert Labrenz, William Liew, Rose Leach, Bryan RENFREW COMMUNITY GARDEN Palmer, S. Lucas, Corey Calgary Foundation, The Rogers, Laura McGovern, Timothy Renfrew Community Association Sawford, Edward Mikolajow, Shirley Renfrew Community Association, Scenic Acres Community Association NB Tree Service Bingo Account Shawna L. Donlevy Professional Corp. O’Brien, Tina Spence, Ross Pearson, Eden ROTARY/MATTAMY GREENWAY Turner, Alexander Randall, Robert Baird, Don Yeo, Colin Ross, Billie Brown, Harlene Schuett, Robert Schuett Calgary Foundation, The SIGNAL HILL CIRCLE PARK Siroishka, John Christiansen, Jolene Alberding, Julie St. Boniface School Educational Society City of Calgary Canadian Online Giving Foundation Stanfield, Julie Elliot, Toni Czarnota, Melody Tire Recycling Alberta Enbridge Dennison, Brent Woods, Alison Gelinas, Leanne Frolova, Olga Wortley, Michelle Glassford, Holly Hapke, Krista Jackson, Michael Rathburn, Melanie ST. TERESA OF CALCUTTA PARK Rotary Club of Calgary Reidulff, Joan Adolph, Craig Rotary Club of Calgary - Centennial Signal Hill Community Association Becker, Lindsay Rotary Club of Calgary - East Thorkelson, Ruth Bradley, Erin-Lou Rotary Club of Calgary - Fish Creek Clark, Jeff Rotary Club of Calgary - Millennium SILVER SPRINGS OUTDOOR POOL Clarke, Karen Rotary Club of Calgary - North RENOVATION Cusnir, Natalia Rotary Club of Calgary - Olympic Lefebvre, Nia Foundation of St. Teresa of Calcutta Rotary Club of Calgary - South Hudson, Jenn Rotary Club of Cochrane SILVERADO COMMUNITY Leptich, Ashley Scammell, Signe ASSOCIATION - SKATING RINK Maxfield Inc. Scorgie, Steve Stepa, Flory Doig, Leona Smith, Elisa Stepa, Sara Silverado Community Association TransCanada Pipelines Ltd. SOUTHFOUR BALL DIAMOND STANLEY PARK BASEBALL DIAMOND SADDLE RIDGE SCHOOL PLAYGROUND REVITALIZATION UPGRADE Rose, Mike Bains, Deep Southfour Ball Diamond Revitalization Bare, Hani Briah, Rajesh SPRINGBANK HILL PARK STRATHCONA PLAYGROUNDS (2) City of Calgary Chu, Joy Ann Springbank Hill Community Assoc. Gidey, Yohannes Khamba, Damanjeet ST. BONIFACE ELEMENTARY SCHOOL TARADALE OUTDOOR FITNESS PARK Taradale Community Association of Kumar, Ashwini PLAYGROUND Calgary Pesi, Gurpinder 1369452 AB LTD Puar, Gurpreet Backer, Ray Saddle Ridge School Society

30 PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT THORNCLIFFE PLAYGROUND Munro, Hilary Hay, Neil REPLACEMENT Place2Give Foundation Henry, Chandra Thorncliffe Community Association Sword, Deborah Heywood, Darren Hooper, Chris UPLANDS IN HAWKWOOD WEST HILLHURST PLAYGROUNDS Innes, Melissa PLAYGROUND DEVELOPMENT WHL488/489 Jamal-Samborski, Diana Bachmeier, Natalie and Ronald City of Calgary Jeffery, Gotts Barnett, Ralph RBC Foundation Jones, Sarah Bell, Larry Laird , Robert Boucher, Anthony WILDWOOD PLAYGROUND Lefebvre, Joel Bullough, David (WHITE OAK) Matte, Cameron Calgary Christian Banner Church Dyck, Jennifer McKenzie, Anne Chen, Douglas Fraser, Jeremy Milne, Mark Darling, Kim Jones, Candice Mitchell, Lindsay Dirks, Gordon Sturmy, Leigh Montemurro, Jason Doherty, George Wildwood Community Association Moorthy, Kandiah Doig, Suzanne Morin, Barbara Elnaggar, Ahmed WILLIAM REID SCHOOL GROUNDS Morton, James Gascoine, Elaine Alexander, Shelley Mousseau, Jean-Pierre Hawkwood Community Association Anderson, Gillian Murdoch, Kahleia Herdman, Doreen Arvanitis, George Newman, John and Mary Hidalgo, Jose Athparia, Colleen Ollerenshaw, Rob Hoffman, Arnold Balogh, Marika O’Reilly, Lorne Horvath, Robert and Lorena Batas, John Papp, Audra Johnson, Alan Batuev, Olena Papp, Les and Tina Knoechel, Janice Beauchamp, Paula Papp, Kevin Lavis, Doug Bradley, KIra Pfaff, Dieter Lever, Nancy Burns, Dean Proctor, Kim Lindley, Margaret Bwint, Ian Ramazanova, Maryam Maduck, Lorraine Caffaro, Danielle Raymond James Canada Foundation McBride, Barbara Calgary Foundation, The Rocky Mountain Sundeck and Roof Ltd. Murray, Don Chiasson, Mary Roehm, Angela Peters, Dave Chipuer, Terry Rogers Insurance Ltd. Pikov, Steve Chow, Ray and Finnimore, Anne Rosenfeld, Adam Sardachuk, Marc Conoco Phillips Canada Savoy, Karen Shaganappi Motors (1976) Ltd. Dai, James Schneider, Chad Shen, Samuel Darcus, Karl Schuler, Wade Torriero, Luigi Dickson, Dale Smekal, Thomas Unryn, Joan and Henry Dream Sleep Respiratory Services Ltd. Stewart, David Uplands Homeowners Association Ltd., The D’Souza, Vanessa Sucha, Melanie Valentich, Mary Dumont, Melissa Sultans Tent Restaurant Wei Liao, Tsai Eggermont, Michiel Sviatkina, Marija Zaharko, Sharon Esposito, Matthew Thurston, Norma Gentherm Global Power Technologies Van Horne, William VARIETY PARK-ACCESSIBILITY Giuffre, Anthony Vermillion Energy Inc. ENHANCEMENT Goldmann, Nicole Vukadinovic, Stephan and Susan City of Calgary Grant, Mary Warkentin, Allison Variety - the Childrens Charity of Grecu, Irina Welsh, Kari Alberta Association Grier, Emily William Reid School Fundraising Society Grier, Laura Yawching, Crystal WATER FOR RILEY Grubbe, Milo Young, Sandra Calgary Foundation, The Hagedom, Frances

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT 31 DONATIONS TO MAJOR PROJECTS & PROGRAMS

COMPOSITION OF FUNDS (AT DECEMBER 31, 2017)

Operating Administration Project Capital 4% Fund 26% Financial Stability Reserve Fund 3%

Granting Program Fund Endowment Fund 9% 42%

Endowment Maintenance Fund 5%

Maintenance Fund 11%

TOTAL DONATIONS TO PARKS FOUNDATION CALGARY (AT DECEMBER 31, 2017)

12,302 11,529

9,702 8,838 8,966 8,389 8,059

6,418

5,235

2,568

DONATIONS (THOUSANDS) DONATIONS 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

32 PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT FISCAL YEAR REPORT MESSAGE FROM THE TREASURER

As at December 31, 2017 year-end, Parks Foundation Calgary had $31.1 million (2016 - $27.9 million) in managed funds which consisted of project, maintenance and endowment funds, and $2.2 million (2016 - $1.8 million) in operating funds.

The increase in managed funds is due predominantly to contributions during the year related to the Rotary/Mattamy Greenway project, and to favourable returns on investments.

The increase in operating funds was largely due to the Building Communities Program having a very strong year during 2017.

Although the current economic climate in Calgary and all of Alberta is challenging, Parks Foundation Calgary has maintained a strong financial position and is focusing its efforts on continued financial stability in these trying times.

As diligent stewards of the funds and resources so kindly donated and provided to us, Parks Foundation Calgary will continue to deliver exceptional programs and facilities to Calgarians and visitors to our city.

Best wishes in 2018.

David Inhaber 2017 was a Treasurer ‘ successful year for Parks Foundation Calgary.’

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT 33 INDEPENDENT AUDITOR'S REPORT

To the Members of The Parks Foundation, Calgary (as agent for the City of Calgary)

We have audited the accompanying financial statements of The Parks Foundation, Calgary (as agent for the City of Calgary), which comprise the statement of financial position as at December 31, 2017 and the statement of income, expenses and changes in fund balances and statement of cash flows for the year then ended, and a summary of significant accounting policies and other explanatory information.

Management's Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance with Canadian standards for not-for-profit organizations, and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditor's Responsibility

Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Canadian generally accepted auditing standards. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.

Opinion

In our opinion, the financial statements present fairly, in all material respects, the financial position of The Parks Foundation, Calgary (as agent for the City of Calgary) as at December 31, 2017 and the results of its operations and its cash flows for the year then ended, in accordance with Canadian accounting standards for not-for-profit organizations.

Chartered Professional Accountants

Calgary, Alberta April 4, 2018

34 PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT dŚĞWĂƌŬƐ&ŽƵŶĚĂƚŝŽŶ͕ĂůŐĂƌLJ ^ƚĂƚĞŵĞŶƚŽĨ&ŝŶĂŶĐŝĂůWŽƐŝƚŝŽŶ ƐĂƚĞĐĞŵďĞƌϯϭ͕

DĂŶĂŐĞĚ&ƵŶĚƐ KƉĞƌĂƚŝŶŐ&ƵŶĚ dŽƚĂů dŽƚĂů ϮϬϭϳ ϮϬϭϲ ϮϬϭϳ ϮϬϭϲ ϮϬϭϳ ϮϬϭϲ ΨΨΨΨΨΨ ƐƐĞƚƐ ƵƌƌĞŶƚĂƐƐĞƚƐ ĂƐŚĂŶĚĐĂƐŚĞƋƵŝǀĂůĞŶƚƐ;EŽƚĞϰͿ ϳ͕ϲϯϵ͕ϲϯϳ  ϱ͕ϵϭϭ͕ϬϵϮ  ϭ͕ϭϱϯ͕ϯϮϱ  ϴϱϭ͕ϵϵϰ  ϴ͕ϳϵϮ͕ϵϲϮ  ϲ͕ϳϲϯ͕Ϭϴϲ ĐĐŽƵŶƚƐƌĞĐĞŝǀĂďůĞ ϴϯ͕ϬϬϬ  ϴϯ͕ϰϯϰ  ϭϳϴ͕ϬϰϬ  ϴϮ͕ϲϯϰ  Ϯϲϭ͕ϬϰϬ  ϭϲϲ͕Ϭϲϴ 'ƌĂŶƚƐƌĞĐĞŝǀĂďůĞ Ͳ  Ͳ  ϱϬ͕ϬϬϬ  ϱϬ͕ϬϬϬ  ϱϬ͕ϬϬϬ  ϱϬ͕ϬϬϬ WƌĞƉĂŝĚĞdžƉĞŶƐĞƐ Ͳ  Ͳ  ϵ͕ϭϰϳ  ϵ͕Ϯϭϰ  ϵ͕ϭϰϳ  ϵ͕Ϯϭϰ ƵĞƚŽ;ĨƌŽŵͿĨƵŶĚƐ;EŽƚĞϲͿ ;ϭϭϴ͕ϯϱϰͿ  ;ϭϰϱ͕ϰϰϯͿ  ϭϭϴ͕ϯϱϰ  ϭϰϱ͕ϰϰϯ  Ͳ  Ͳ ϳ͕ϲϬϰ͕Ϯϴϯ  ϱ͕ϴϰϵ͕Ϭϴϯ  ϭ͕ϱϬϴ͕ϴϲϲ  ϭ͕ϭϯϵ͕Ϯϴϱ  ϵ͕ϭϭϯ͕ϭϰϵ  ϲ͕ϵϴϴ͕ϯϲϴ

/ŶǀĞƐƚŵĞŶƚƐ Ϯϯ͕ϱϯϰ͕ϱϬϳ  ϮϮ͕Ϭϰϭ͕ϬϵϬ  ϳϮϰ͕ϲϮϬ  ϱϲϰ͕ϳϴϵ  Ϯϰ͕Ϯϱϵ͕ϭϮϳ  ϮϮ͕ϲϬϱ͕ϴϳϵ

ĂƉŝƚĂůĂƐƐĞƚƐ;EŽƚĞϳͿ Ͳ  Ͳ  ϭϬϲ͕ϴϮϳ  ϭϭϵ͕ϯϴϮ  ϭϬϲ͕ϴϮϳ  ϭϭϵ͕ϯϴϮ ϯϭ͕ϭϯϴ͕ϳϵϬ  Ϯϳ͕ϴϵϬ͕ϭϳϯ  Ϯ͕ϯϰϬ͕ϯϭϯ  ϭ͕ϴϮϯ͕ϰϱϲ  ϯϯ͕ϰϳϵ͕ϭϬϯ  Ϯϵ͕ϳϭϯ͕ϲϮϵ >ŝĂďŝůŝƚŝĞƐ ƵƌƌĞŶƚůŝĂďŝůŝƚŝĞƐ ĐĐŽƵŶƚƐƉĂLJĂďůĞĂŶĚĂĐĐƌƵĞĚůŝĂďŝůŝƚŝĞƐ ϳϳ͕ϳϵϰ  ;ϰϱϮͿ  ϵϵ͕ϴϲϯ  ϲϳ͕ϭϴϴ  ϭϳϳ͕ϲϱϳ  ϲϲ͕ϳϯϲ

&ƵŶĚďĂůĂŶĐĞƐ;EŽƚĞϵͿ hŶƌĞƐƚƌŝĐƚĞĚ Ͳ  Ͳ  ϭ͕ϯϬϬ͕ϮϬϭ  ϵϲϰ͕ϯϵϮ  ϭ͕ϯϬϬ͕ϮϬϭ  ϵϲϰ͕ϯϵϮ /ŶƚĞƌŶĂůůLJƌĞƐƚƌŝĐƚĞĚ ϲ͕ϯϯϰ͕ϰϭϳ  ϱ͕ϱϮϯ͕ϬϭϬ  ϴϯϯ͕ϰϮϮ  ϲϳϮ͕ϰϵϰ  ϳ͕ϭϲϳ͕ϴϯϵ  ϲ͕ϭϵϱ͕ϱϬϰ /ŶƚĞƌŶĂůůLJƌĞƐƚƌŝĐƚĞĚͲŝŶǀĞƐƚĞĚŝŶĐĂƉŝƚĂůĂƐƐĞƚƐ Ͳ  Ͳ  ϭϬϲ͕ϴϮϳ  ϭϭϵ͕ϯϴϮ  ϭϬϲ͕ϴϮϳ  ϭϭϵ͕ϯϴϮ džƚĞƌŶĂůůLJƌĞƐƚƌŝĐƚĞĚ Ϯϰ͕ϳϮϲ͕ϱϳϵ  ϮϮ͕ϯϲϳ͕ϲϭϱ  Ͳ  Ͳ  Ϯϰ͕ϳϮϲ͕ϱϳϵ  ϮϮ͕ϯϲϳ͕ϲϭϱ ϯϭ͕ϬϲϬ͕ϵϵϲ  Ϯϳ͕ϴϵϬ͕ϲϮϱ  Ϯ͕ϮϰϬ͕ϰϱϬ  ϭ͕ϳϱϲ͕Ϯϲϴ  ϯϯ͕ϯϬϭ͕ϰϰϲ  Ϯϵ͕ϲϰϲ͕ϴϵϯ

ϯϭ͕ϭϯϴ͕ϳϵϬ  Ϯϳ͕ϴϵϬ͕ϭϳϯ  Ϯ͕ϯϰϬ͕ϯϭϯ  ϭ͕ϴϮϯ͕ϰϱϲ  ϯϯ͕ϰϳϵ͕ϭϬϯ  Ϯϵ͕ϳϭϯ͕ϲϮϵ

EĂƚƵƌĞŽĨŽƌŐĂŶŝnjĂƚŝŽŶ;EŽƚĞϭͿ ŽŵƉŽƐŝƚŝŽŶŽĨŵĂŶĂŐĞĚĨƵŶĚƐ;EŽƚĞϯͿ DƵůƚŝͲLJĞĂƌƐƉŽŶƐŽƌƐŚŝƉĐŽŵŵŝƚŵĞŶƚƐ;EŽƚĞϱͿ ŽŵŵŝƚŵĞŶƚƐ;EŽƚĞϭϰͿ

^ŝŐŶĞĚŽŶďĞŚĂůĨŽĨƚŚĞŽĂƌĚŽĨ'ŽǀĞƌŶŽƌƐ    'RQ%DLUG 'DYLG,QKDEHU  ŽŶĂŝƌĚ͕ŚĂŝƌĂǀŝĚ/ŶŚĂďĞƌ͕dƌĞĂƐƵƌĞƌ  dŚĞĂĐĐŽŵƉĂŶLJŝŶŐŶŽƚĞƐĂƌĞĂŶŝŶƚĞŐƌĂůƉĂƌƚŽĨƚŚĞƐĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ  ϯ

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT 35 dŚĞWĂƌŬƐ&ŽƵŶĚĂƚŝŽŶ͕ĂůŐĂƌLJ

^ƚĂƚĞŵĞŶƚŽĨ/ŶĐŽŵĞ͕džƉĞŶƐĞƐĂŶĚŚĂŶŐĞƐŝŶ&ƵŶĚĂůĂŶĐĞƐ &ŽƌƚŚĞLJĞĂƌĞŶĚŝŶŐĞĐĞŵďĞƌϯϭ͕

DĂŶĂŐĞĚ&ƵŶĚƐ KƉĞƌĂƚŝŶŐ&ƵŶĚ dŽƚĂů&ƵŶĚ ϮϬϭϳ ϮϬϭϲ ϮϬϭϳ ϮϬϭϲ ϮϬϭϳ ϮϬϭϲ ΨΨΨ Ψ Ψ Ψ /ŶĐŽŵĞ ŽŶƚƌŝďƵƚŝŽŶƐ;EŽƚĞϭϭͿ  ϭϮ͕Ϭϵϲ͕ϰϬϳ  ϴ͕ϭϳϯ͕ϭϲϭ  ϮϬϱ͕ϭϵϲ  Ϯϭϱ͕ϳϵϬ  ϭϮ͕ϯϬϭ͕ϲϬϯ  ϴ͕ϯϴϴ͕ϵϱϭ /ŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞͲƌĞĂůŝnjĞĚ ϭ͕ϮϳϮ͕ϲϵϭ  ϵϵϲ͕Ϯϱϴ  ϵϳ͕ϳϯϲ  ϳϯ͕ϲϴϲ  ϭ͕ϯϳϬ͕ϰϮϳ  ϭ͕Ϭϲϵ͕ϵϰϰ /ŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞͲƵŶƌĞĂůŝnjĞĚ Ϯϳϱ͕ϳϬϭ  ;ϯϲϬ͕ϰϰϬͿ  ϭϳ͕Ϯϭϭ  ;ϯϰ͕ϬϴϳͿ  ϮϵϮ͕ϵϭϮ  ;ϯϵϰ͕ϱϮϳͿ KƚŚĞƌŝŶĐŽŵĞ Ͳ  Ͳ  ϯϭϬ͕ϳϭϮ  ϭϬϯ͕ϭϴϱ  ϯϭϬ͕ϳϭϮ  ϭϬϯ͕ϭϴϱ ϭϯ͕ϲϰϰ͕ϳϵϵ  ϴ͕ϴϬϴ͕ϵϳϵ  ϲϯϬ͕ϴϱϱ  ϯϱϴ͕ϱϳϰ  ϭϰ͕Ϯϳϱ͕ϲϱϰ  ϵ͕ϭϲϳ͕ϱϱϯ džƉĞŶƐĞƐ WƌŽũĞĐƚĐŽƐƚƐ ϵ͕ϭϴϯ͕ϯϰϲ  ϱ͕ϱϳϳ͕ϰϴϮ  Ͳ  ϭϯϵ  ϵ͕ϭϴϯ͕ϯϰϲ  ϱ͕ϱϳϳ͕ϲϮϭ ^ĂĚĚůĞĚŽŵĞŐƌĂŶƚƐ ϱϮϲ͕ϰϯϰ  ϭ͕Ϭϰϴ͕Ϭϵϱ  Ͳ  Ͳ  ϱϮϲ͕ϰϯϰ  ϭ͕Ϭϰϴ͕Ϭϵϱ ĚŵŝŶŝƐƚƌĂƚŝŽŶ Ͳ  Ͳ  ϴϴϱ͕ϭϲϲ  ϴϴϳ͕ϱϵϭ  ϴϴϱ͕ϭϲϲ  ϴϴϳ͕ϱϵϭ ŵŽƌƚŝnjĂƚŝŽŶ Ͳ  Ͳ  Ϯϲ͕ϭϱϱ  Ϯϯ͕ϲϯϭ  Ϯϲ͕ϭϱϱ  Ϯϯ͕ϲϯϭ ϵ͕ϳϬϵ͕ϳϴϬ  ϲ͕ϲϮϱ͕ϱϳϳ  ϵϭϭ͕ϯϮϭ  ϵϭϭ͕ϯϲϭ  ϭϬ͕ϲϮϭ͕ϭϬϭ  ϳ͕ϱϯϲ͕ϵϯϴ

džĐĞƐƐŽĨŝŶĐŽŵĞŽǀĞƌĞdžƉĞŶƐĞƐ ϯ͕ϵϯϱ͕Ϭϭϵ  Ϯ͕ϭϴϯ͕ϰϬϮ  ;ϮϴϬ͕ϰϲϲͿ  ;ϱϱϮ͕ϳϴϳͿ  ϯ͕ϲϱϰ͕ϱϱϯ  ϭ͕ϲϯϬ͕ϲϭϱ &ƵŶĚƚƌĂŶƐĨĞƌƐĂŶĚĂůůŽĐĂƚŝŽŶƐ ĚŵŝŶŝƐƚƌĂƚŝŽŶ ;ϰϭϵ͕ϳϯϯͿ  ;ϯϬϴ͕ϳϲϲͿ  ϰϭϵ͕ϳϯϯ  ϯϬϴ͕ϳϲϲ  Ͳ  Ͳ DĂŶĂŐĞŵĞŶƚ ;ϮϬϮ͕ϲϴϴͿ  ;Ϯϯϳ͕ϲϴϮͿ  ϮϬϮ͕ϲϴϴ  Ϯϯϳ͕ϲϴϮ  Ͳ  Ͳ dƌĂŶƐĨĞƌƐ ;ϭϰϮ͕ϮϮϳͿ  ;ϭϱϵ͕ϰϱϰͿ  ϭϰϮ͕ϮϮϳ  ϭϱϵ͕ϰϱϰ  Ͳ  Ͳ ;ϳϲϰ͕ϲϰϴͿ  ;ϳϬϱ͕ϵϬϮͿ  ϳϲϰ͕ϲϰϴ  ϳϬϱ͕ϵϬϮ  Ͳ  Ͳ

džĐĞƐƐŽĨŝŶĐŽŵĞĂĨƚĞƌƚƌĂŶƐĨĞƌƐ ϯ͕ϭϳϬ͕ϯϳϭ  ϭ͕ϰϳϳ͕ϱϬϬ  ϰϴϰ͕ϭϴϮ  ϭϱϯ͕ϭϭϱ  ϯ͕ϲϱϰ͕ϱϱϯ  ϭ͕ϲϯϬ͕ϲϭϱ

&ƵŶĚďĂůĂŶĐĞ͕ďĞŐŝŶŶŝŶŐŽĨLJĞĂƌ Ϯϳ͕ϴϵϬ͕ϲϮϱ  Ϯϲ͕ϰϭϯ͕ϭϮϱ  ϭ͕ϳϱϲ͕Ϯϲϴ  ϭ͕ϲϬϯ͕ϭϱϯ  Ϯϵ͕ϲϰϲ͕ϴϵϯ  Ϯϴ͕Ϭϭϲ͕Ϯϳϴ &ƵŶĚďĂůĂŶĐĞ͕ĞŶĚŽĨLJĞĂƌ ϯϭ͕ϬϲϬ͕ϵϵϲ  Ϯϳ͕ϴϵϬ͕ϲϮϱ  Ϯ͕ϮϰϬ͕ϰϱϬ  ϭ͕ϳϱϲ͕Ϯϲϴ  ϯϯ͕ϯϬϭ͕ϰϰϲ  Ϯϵ͕ϲϰϲ͕ϴϵϯ

dŚĞĂĐĐŽŵƉĂŶLJŝŶŐŶŽƚĞƐĂƌĞĂŶŝŶƚĞŐƌĂůƉĂƌƚŽĨƚŚĞƐĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͘  ϰ

36 PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT dŚĞWĂƌŬƐ&ŽƵŶĚĂƚŝŽŶ͕ĂůŐĂƌLJ ^ƚĂƚĞŵĞŶƚŽĨĂƐŚ&ůŽǁƐ &ŽƌƚŚĞLJĞĂƌĞŶĚŝŶŐĞĐĞŵďĞƌϯϭ͕

ϮϬϭϳ ϮϬϭϲ ΨΨ džĐĞƐƐŽĨŝŶĐŽŵĞŽǀĞƌĞdžƉĞŶƐĞƐ KƉĞƌĂƚŝŶŐĂĐƚŝǀŝƚŝĞƐ džĐĞƐƐŽĨŝŶĐŽŵĞŽǀĞƌĞdžƉĞŶƐĞƐĂĨƚĞƌƚƌĂŶƐĨĞƌƐ WƌŽũĞĐƚ&ƵŶĚ Ϯ͕Ϭϭϲ͕Ϯϱϳ  ϲϭϯ͕ϱϵϭ DĂŝŶƚĞŶĂŶĐĞ&ƵŶĚ ϱϬϮ͕ϴϬϱ  Ϯϲϯ͕ϰϭϰ ŶĚŽǁŵĞŶƚ&ƵŶĚ ϲϱϭ͕ϯϬϵ  ϲϬϬ͕ϰϵϱ KƉĞƌĂƚŝŶŐ&ƵŶĚ ϰϴϰ͕ϭϴϮ  ϭϱϯ͕ϭϭϱ ϯ͕ϲϱϰ͕ϱϱϯ  ϭ͕ϲϯϬ͕ϲϭϱ /ƚĞŵƐŶŽƚĂĨĨĞĐƚŝŶŐĐĂƐŚ ŵŽƌƚŝnjĂƚŝŽŶ Ϯϲ͕ϭϱϱ  Ϯϯ͕ϲϯϭ /ŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞͲƵŶƌĞĂůŝnjĞĚ ;ϮϵϮ͕ϵϭϮͿ  ϯϵϰ͕ϱϮϳ EĞƚĐŚĂŶŐĞŝŶŶŽŶͲĐĂƐŚǁŽƌŬŝŶŐĐĂƉŝƚĂůŝƚĞŵƐĂĨĨĞĐƚŝŶŐŽƉĞƌĂƚŝŽŶƐ ĞĐƌĞĂƐĞ;ŝŶĐƌĞĂƐĞͿŝŶĂĐĐŽƵŶƚƐƌĞĐĞŝǀĂďůĞ ;ϵϰ͕ϵϳϭͿ  ;ϱϬ͕ϲϭϯͿ /ŶĐƌĞĂƐĞŝŶƉƌĞƉĂŝĚĞdžƉĞŶƐĞƐ ϲϳ  ;ϭ͕ϲϲϮͿ ĞĐƌĞĂƐĞ;ŝŶĐƌĞĂƐĞͿŝŶĂĐĐŽƵŶƚƐƉĂLJĂďůĞ ϭϭϬ͕ϵϮϭ  ϵϰϬ EĞƚĐĂƐŚĨƌŽŵŽƉĞƌĂƚŝŶŐĂĐƚŝǀŝƚŝĞƐ ϯ͕ϰϬϯ͕ϴϭϯ  ϭ͕ϵϵϳ͕ϰϯϴ /ŶǀĞƐƚŝŶŐĂĐƚŝǀŝƚŝĞƐ WƵƌĐŚĂƐĞŽĨŝŶǀĞƐƚŵĞŶƚƐ ;ϭ͕ϯϲϬ͕ϯϯϳͿ  ;ϭ͕ϮϴϬ͕ϭϳϵͿ WƵƌĐŚĂƐĞŽĨĐĂƉŝƚĂůĂƐƐĞƚƐ ;ϭϯ͕ϲϬϬͿ  ;ϯϭ͕ϱϯϲͿ EĞƚĐĂƐŚƵƐĞĚŝŶŝŶǀĞƐƚŝŶŐ ;ϭ͕ϯϳϯ͕ϵϯϳͿ  ;ϭ͕ϯϭϭ͕ϳϭϱͿ

/ŶĐƌĞĂƐĞŝŶĐĂƐŚĂŶĚĐĂƐŚĞƋƵŝǀĂůĞŶƚƐ Ϯ͕ϬϮϵ͕ϴϳϲ  ϲϴϱ͕ϳϮϯ ĂƐŚĂŶĚĐĂƐŚĞƋƵŝǀĂůĞŶƚƐ͕ďĞŐŝŶŶŝŶŐŽĨLJĞĂƌ ϲ͕ϳϲϯ͕Ϭϴϲ  ϲ͕Ϭϳϳ͕ϯϲϯ ĂƐŚĂŶĚĐĂƐŚĞƋƵŝǀĂůĞŶƚƐ͕ĞŶĚŽĨLJĞĂƌ ϴ͕ϳϵϮ͕ϵϲϮ  ϲ͕ϳϲϯ͕Ϭϴϲ

dŚĞĂĐĐŽŵƉĂŶLJŝŶŐŶŽƚĞƐĂƌĞĂŶŝŶƚĞŐƌĂůƉĂƌƚŽĨƚŚĞƐĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐ͘  ϱ

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT 37 dŚĞWĂƌŬƐ&ŽƵŶĚĂƚŝŽŶ͕ĂůŐĂƌLJ EŽƚĞƐƚŽ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐ &ŽƌƚŚĞLJĞĂƌĞŶĚŝŶŐĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ

ϭ EĂƚƵƌĞŽĨKƌŐĂŶŝnjĂƚŝŽŶ

dŚĞWĂƌŬƐ&ŽƵŶĚĂƚŝŽŶ͕ĂůŐĂƌLJ;ƚŚĞ͞&ŽƵŶĚĂƚŝŽŶ͟ͿǁĂƐŝŶĐŽƌƉŽƌĂƚĞĚĂƐĂĐŽŵƉĂŶLJŽŶ&ĞďƌƵĂƌLJϭϮ͕ϭϵϴϱƵŶĚĞƌƚŚĞ ŽŵƉĂŶŝĞƐĐƚŽĨůďĞƌƚĂ͘/Ŷϭϵϵϱ͕ƚŚĞƌƚŝĐůĞƐŽĨƐƐŽĐŝĂƚŝŽŶǁĞƌĞƵƉĚĂƚĞĚƚŽĞdžƚĞŶĚƚŚĞƌĞƐƉŽŶƐŝďŝůŝƚLJŽĨƚŚĞ &ŽƵŶĚĂƚŝŽŶƚŽŝŶĐůƵĚĞƚŚĞŵĂƚĞƵƌ^ƉŽƌƚ&ƵŶĚĂŶĚƚŚĞĂůŐĂƌLJZŝǀĞƌsĂůůĞLJƐŽŵŵŝƚƚĞĞ͘ƐŽĨĞĐĞŵďĞƌϯϭ͕ϮϬϬϵ͕ƚŚĞ ĐŽŶƚƌĂĐƚǁŝƚŚƚŚĞZŝǀĞƌsĂůůĞLJƐŽŵŵŝƚƚĞĞĞdžƉŝƌĞĚĂŶĚƚŚĞƌƚŝĐůĞƐŽĨƐƐŽĐŝĂƚŝŽŶŚĂǀĞLJĞƚƚŽďĞƵƉĚĂƚĞĚ͘dŚĞŽďũĞĐƚŝǀĞƐ ŽĨƚŚĞ&ŽƵŶĚĂƚŝŽŶĂƌĞ͗

ƚŽƉƌŽŵŽƚĞĂŶĚĞŶĐŽƵƌĂŐĞƚŚĞĐŽͲŽƉĞƌĂƚŝǀĞĞĨĨŽƌƚŽĨŐŽǀĞƌŶŵĞŶƚ͕ƉƌŝǀĂƚĞĂŶĚĐŽŵŵƵŶŝƚLJƐĞĐƚŽƌŝŶǀŽůǀĞŵĞŶƚ ƚŽǁĂƌĚƚŚĞĞŶŚĂŶĐĞŵĞŶƚŽĨƚŚĞƋƵĂůŝƚLJŽĨƉĂƌŬƐ͕ƌĞĐƌĞĂƚŝŽŶĂŶĚŽƉĞŶƐƉĂĐĞŝŶƚŚĞŝƚLJŽĨĂůŐĂƌLJ͖ĂŶĚ

ƚŽƐŽůŝĐŝƚĨƵŶĚƐ͕ĂƐƐĞƚƐ͕ƉƌŽƉĞƌƚLJĂŶĚƌŝŐŚƚƐĂŶĚƚŽĂĚŵŝŶŝƐƚĞƌƌĞĐĞŝƉƚŽĨƐĂŵĞĨŽƌƚŚĞďĞŶĞĨŝƚŽĨƚŚĞŝƚLJŽĨĂůŐĂƌLJĂƐ ĂŐĞŶƚĨŽƌĂŶĚŽŶďĞŚĂůĨŽĨƚŚĞŝƚLJŽĨĂůŐĂƌLJ͘

ůůĨŝŶĂŶĐŝĂůƚƌĂŶƐĂĐƚŝŽŶƐĂŶĚďĂůĂŶĐĞƐĚŝƐĐůŽƐĞĚŝŶƚŚĞƐĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐŚĂǀĞďĞĞŶĞŶƚĞƌĞĚŝŶƚŽĂŶĚĂƌĞďĞŝŶŐŚĞůĚ ďLJƚŚĞ&ŽƵŶĚĂƚŝŽŶĂƐĂŐĞŶƚĨŽƌƚŚĞŝƚLJŽĨĂůŐĂƌLJ;͞ŝƚLJ͟Ϳ͘dŚĞ&ŽƵŶĚĂƚŝŽŶŽƉĞƌĂƚĞƐƵŶĚĞƌĂDĞŵŽƌĂŶĚƵŵŽĨ ŐƌĞĞŵĞŶƚǁŝƚŚƚŚĞŝƚLJ͕ĞdžƉŝƌŝŶŐĞĐĞŵďĞƌϯϭ͕ϮϬϮϮ͘dŚĞ&ŽƵŶĚĂƚŝŽŶůĞĂƐĞƐƚŚĞůĂŶĚĂŶĚďƵŝůĚŝŶŐĨƌŽŵǁŚŝĐŚŝƚ ŽƉĞƌĂƚĞƐĨƌŽŵƚŚĞŝƚLJĂƚĂŶĂŶŶƵĂůůĞĂƐĞŝŶƚŚĞĂŵŽƵŶƚŽĨΨϭ͕Ϯϵϳ͘ϲϳǁŚŝĐŚĞdžƉŝƌĞƐŽŶ:ƵůLJϭϳ͕ϮϬϮϮ͕ǁŝƚŚĂŶŽƉƚŝŽŶƚŽ ƌĞŶĞǁĨŽƌĂŶŽƚŚĞƌƚĞƌŵŽĨĨŝǀĞLJĞĂƌƐŝŶůĞŶŐƚŚ͕ƐƵďũĞĐƚƚŽĂŶŝŶĐƌĞĂƐĞƉĞŐŐĞĚŽŶƚŚĞŽŶƐƵŵĞƌWƌŝĐĞ/ŶĚĞdž͘EŽŵĞŵďĞƌ ŽĨƚŚĞ&ŽƵŶĚĂƚŝŽŶŝƐĞŶƚŝƚůĞĚƚŽĂŶLJĚŝƐƚƌŝďƵƚŝŽŶĨƌŽŵƚŚĞ&ŽƵŶĚĂƚŝŽŶďLJǀŝƌƚƵĞŽĨŵĞŵďĞƌƐŚŝƉŝŶƚŚĞ&ŽƵŶĚĂƚŝŽŶ͘ƵƌŝŶŐ ƚŚĞLJĞĂƌ͕ƚŚĞ&ŽƵŶĚĂƚŝŽŶƌĞĐĞŝǀĞĚĂŶŽƉĞƌĂƚŝŶŐŐƌĂŶƚĨƌŽŵƚŚĞŝƚLJ͛ƐŶŵĂdž>ĞŐĂĐLJ&ƵŶĚĨŽƌΨϮϬϬ͕ϬϬϬ;ϮϬϭϲͲΨϮϬϬ͕ϬϬϬͿ ƚŽƐƵƉƉŽƌƚŝƚƐŽƉĞƌĂƚŝŽŶƐ͘dŚĞŶŵĂdž>ĞŐĂĐLJ&ƵŶĚĂŶŶƵĂůŐƌĂŶƚŽĨΨϮϬϬ͕ϬϬϬǁĂƐĐŽŵŵŝƚƚĞĚĨŽƌĨŝǀĞLJĞĂƌƐĐŽŵŵĞŶĐŝŶŐ ŝŶĨŝƐĐĂůϮϬϭϯĂŶĚĐĞĂƐŝŶŐĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ͘ dŚĞ&ŽƵŶĚĂƚŝŽŶŝƐĂŶŽƚͲĨŽƌͲƉƌŽĨŝƚŽƌŐĂŶŝnjĂƚŝŽŶĂƐĚĞĨŝŶĞĚƵŶĚĞƌƉĂƌĂŐƌĂƉŚϭϰϵ;ϭͿ;ůͿŽĨƚŚĞ/ŶĐŽŵĞdĂdžĐƚ͕ĂŶĚ ƚŚĞƌĞĨŽƌĞ͕ŝƐŶŽƚƐƵďũĞĐƚƚŽŝŶĐŽŵĞƚĂdž͘dŚĞ&ŽƵŶĚĂƚŝŽŶŝƐĐůĂƐƐŝĨŝĞĚĂƐĂŵƵŶŝĐŝƉĂůĐŽƌƉŽƌĂƚŝŽŶĂŶĚĂƐƐƵĐŚŝƐĞŶƚŝƚůĞĚƚŽĂ ϭϬϬй'^dƌĞďĂƚĞ͘  ĂƐŝƐŽĨĂĐĐŽƵŶƚŝŶŐ  dŚĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐŽĨƚŚĞ&ŽƵŶĚĂƚŝŽŶŚĂǀĞďĞĞŶƉƌĞƉĂƌĞĚďLJŵĂŶĂŐĞŵĞŶƚŝŶĂĐĐŽƌĚĂŶĐĞǁŝƚŚĂŶĂĚŝĂŶ ĂĐĐŽƵŶƚŝŶŐƐƚĂŶĚĂƌĚƐĨŽƌŶŽƚͲĨŽƌͲƉƌŽĨŝƚŽƌŐĂŶŝnjĂƚŝŽŶƐ;͞^EWK͟Ϳ͘  hƐĞŽĨĞƐƚŝŵĂƚĞƐ  dŚĞƉƌĞƉĂƌĂƚŝŽŶŽĨĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐŝŶĐŽŶĨŽƌŵŝƚLJǁŝƚŚ^EWKƌĞƋƵŝƌĞƐŵĂŶĂŐĞŵĞŶƚƚŽŵĂŬĞĞƐƚŝŵĂƚĞƐĂŶĚ ĂƐƐƵŵƉƚŝŽŶƐƚŚĂƚĂĨĨĞĐƚƚŚĞĂŵŽƵŶƚƐƌĞƉŽƌƚĞĚŝŶƚŚĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐĂŶĚĂĐĐŽŵƉĂŶLJŝŶŐŶŽƚĞƐ͘dŚĞŵŽƌĞƐŝŐŶŝĨŝĐĂŶƚ ĞƐƚŝŵĂƚĞƐŝŶƚŚĞƐĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐƌĞůĂƚĞƚŽŵĂŶĂŐĞŵĞŶƚ͛ƐĞƐƚŝŵĂƚĞƐŽĨƚŚĞĐŽůůĞĐƚĂďŝůŝƚLJŽĨĂĐĐŽƵŶƚƐƌĞĐĞŝǀĂďůĞƐ͕ ƉůĞĚŐĞƐƌĞĐĞŝǀĂďůĞƐĂŶĚƚŚĞĞƐƚŝŵĂƚĞĚƵƐĞĨƵůůŝǀĞƐŽĨĐĂƉŝƚĂůĂƐƐĞƚƐ͘ĐƚƵĂůƌĞƐƵůƚƐĐŽƵůĚĚŝĨĨĞƌĨƌŽŵƚŚŽƐĞĞƐƚŝŵĂƚĞƐ͘dŚĞ ĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐŚĂǀĞ͕ŝŶŵĂŶĂŐĞŵĞŶƚ͛ƐŽƉŝŶŝŽŶ͕ďĞĞŶƉƌŽƉĞƌůLJƉƌĞƉĂƌĞĚƵƐŝŶŐĐĂƌĞĨƵůũƵĚŐŵĞŶƚǁŝƚŚƌĞĂƐŽŶĂďůĞ ůŝŵŝƚƐŽĨŵĂƚĞƌŝĂůŝƚLJĂŶĚǁŝƚŚŝŶƚŚĞĨƌĂŵĞǁŽƌŬŽĨƚŚĞƐŝŐŶŝĨŝĐĂŶƚĂĐĐŽƵŶƚŝŶŐƉŽůŝĐŝĞƐƐƵŵŵĂƌŝnjĞĚďĞůŽǁ͗ 

ϲ

38 PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT dŚĞWĂƌŬƐ&ŽƵŶĚĂƚŝŽŶ͕ĂůŐĂƌLJ EŽƚĞƐƚŽ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐ &ŽƌƚŚĞLJĞĂƌĞŶĚŝŶŐĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ

&ƵŶĚĂĐĐŽƵŶƚŝŶŐ

dŚĞ&ŽƵŶĚĂƚŝŽŶĨŽůůŽǁƐƚŚĞƌĞƐƚƌŝĐƚĞĚĨƵŶĚŵĞƚŚŽĚŽĨĂĐĐŽƵŶƚŝŶŐĨŽƌĐŽŶƚƌŝďƵƚŝŽŶƐ͘

dŚĞKƉĞƌĂƚŝŶŐ&ƵŶĚƌĞƉŽƌƚƐƚŚĞĂƐƐĞƚƐ͕ůŝĂďŝůŝƚŝĞƐ͕ŝŶĐŽŵĞĂŶĚĞdžƉĞŶƐĞƐƌĞůĂƚĞĚƚŽƚŚĞ&ŽƵŶĚĂƚŝŽŶΖƐĂĚŵŝŶŝƐƚƌĂƚŝǀĞ ĂĐƚŝǀŝƚŝĞƐ͘

dŚĞWƌŽũĞĐƚ&ƵŶĚƌĞƉŽƌƚƐƚŚĞĂƐƐĞƚƐ͕ůŝĂďŝůŝƚŝĞƐ͕ŝŶĐŽŵĞĂŶĚĞdžƉĞŶƐĞƐƌĞůĂƚĞĚƚŽƚŚĞ&ŽƵŶĚĂƚŝŽŶΖƐƉƌŽũĞĐƚƐĂŶĚƚŚĞ ŵĂŝŶƚĞŶĂŶĐĞŽĨĐĞƌƚĂŝŶĞŶĚŽǁŵĞŶƚƉƌŽũĞĐƚƐ͘ŽŶƚƌŝďƵƚŝŽŶƐƚŽƚŚŝƐ&ƵŶĚĂƌĞĞdžƚĞƌŶĂůůLJƌĞƐƚƌŝĐƚĞĚǁŝƚŚƚŚĞĞdžĐĞƉƚŝŽŶŽĨ ĐĞƌƚĂŝŶĂĐĐŽƵŶƚƐĨƵŶĚĞĚŝŶƚĞƌŶĂůůLJďLJƚŚĞ&ŽƵŶĚĂƚŝŽŶĂŶĚŝŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞǁŚŝĐŚŝƐƌĞƉŽƌƚĞĚŝŶƚŚĞWƌŽũĞĐƚ&ƵŶĚĂƐ ƚŚĞƌĞĂƌĞŝŶƚĞƌŶĂůƌĞƐƚƌŝĐƚŝŽŶƐƐƚĂƚŝŶŐƚŚĂƚƚŚŝƐŝŶĐŽŵĞŵƵƐƚďĞƵƐĞĚĨŽƌ&ŽƵŶĚĂƚŝŽŶƉƌŽũĞĐƚƐ͘

dŚĞDĂŝŶƚĞŶĂŶĐĞ&ƵŶĚƌĞƉŽƌƚƐƚŚĞĂƐƐĞƚƐ͕ůŝĂďŝůŝƚŝĞƐ͕ŝŶĐŽŵĞĂŶĚĞdžƉĞŶƐĞƐƌĞůĂƚĞĚƚŽƐƉĞĐŝĨŝĐ&ŽƵŶĚĂƚŝŽŶƉƌŽũĞĐƚƐ͘/ŶƚĞƌͲ ĨƵŶĚƚƌĂŶƐĨĞƌƐƚŽƚŚŝƐ&ƵŶĚĂƌĞŝŶƚĞƌŶĂůůLJƌĞƐƚƌŝĐƚĞĚ͘/ŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞŝƐƌĞƉŽƌƚĞĚŝŶƚŚĞDĂŝŶƚĞŶĂŶĐĞ&ƵŶĚĂƐƚŚĞƌĞĂƌĞ ŝŶƚĞƌŶĂůƌĞƐƚƌŝĐƚŝŽŶƐƚŚĂƚƚŚŝƐŝŶĐŽŵĞŵƵƐƚďĞƵƐĞĚĨŽƌƚŚĞ&ŽƵŶĚĂƚŝŽŶΖƐƉƌŽũĞĐƚƐ͘

dŚĞŶĚŽǁŵĞŶƚ&ƵŶĚƌĞƉŽƌƚƐƌĞƐŽƵƌĐĞƐĐŽŶƚƌŝďƵƚĞĚĨŽƌĞŶĚŽǁŵĞŶƚƐ͘ŽƚŚŽƌŝŐŝŶĂůĐŽŶƚƌŝďƵƚŝŽŶƐĂŶĚƵŶƌĞĂůŝnjĞĚ ŝŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞĂƌĞĞdžƚĞƌŶĂůůLJƌĞƐƚƌŝĐƚĞĚ͘ůůƵŶƌĞĂůŝnjĞĚŝŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞŝƐƌĞƉŽƌƚĞĚŝŶƚŚĞŶĚŽǁŵĞŶƚ&ƵŶĚ͘ tŚĞŶƚŚŝƐŝŶĐŽŵĞŝƐƌĞĂůŝnjĞĚ͕ƚŚĞƵŶƌĞĂůŝnjĞĚŝŶĐŽŵĞĂĐĐƌƵĂůŝƐƌĞǀĞƌƐĞĚĂŶĚƚŚĞƌĞĂůŝnjĞĚŝŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞĞĂƌŶĞĚŽŶ ƌĞƐŽƵƌĐĞƐŽĨƚŚĞŶĚŽǁŵĞŶƚ&ƵŶĚŝƐƌĞƉŽƌƚĞĚŝŶƚŚĞWƌŽũĞĐƚĨƵŶĚ͕KƉĞƌĂƚŝŶŐ&ƵŶĚŽƌƚŚĞŶĚŽǁŵĞŶƚ&ƵŶĚĚĞƉĞŶĚĞŶƚ ŽŶǁŚĞƚŚĞƌŝƚŝƐŝŶƚĞƌŶĂůůLJŽƌĞdžƚĞƌŶĂůůLJƌĞƐƚƌŝĐƚĞĚ͘

ĂƐŚĂŶĚĐĂƐŚĞƋƵŝǀĂůĞŶƚƐ

ĂƐŚĂŶĚĐĂƐŚĞƋƵŝǀĂůĞŶƚƐĂƌĞŚĞůĚĨŽƌƚŚĞƉƵƌƉŽƐĞŽĨŵĞĞƚŝŶŐƐŚŽƌƚͲƚĞƌŵĐĂƐŚĐŽŵŵŝƚŵĞŶƚƐƌĂƚŚĞƌƚŚĂŶĨŽƌŝŶǀĞƐƚŝŶŐŽƌ ŽƚŚĞƌƉƵƌƉŽƐĞƐ͘ĂƐŚĐŽŶƐŝƐƚƐŽĨĐĂƐŚŽŶŚĂŶĚ͕ŝŶƚŚĞďĂŶŬ͕ĂŶĚĐĞƌƚĂŝŶŝŶǀĞƐƚŵĞŶƚƐŝŶĂŵŽŶĞLJŵĂƌŬĞƚĨƵŶĚŽƌĂďŽŶĚ ƉŽŽůĞĚĨƵŶĚ͘

&ŝŶĂŶĐŝĂůŝŶƐƚƌƵŵĞŶƚƐ

ĨŝŶĂŶĐŝĂůĂƐƐĞƚŽƌĂĨŝŶĂŶĐŝĂůůŝĂďŝůŝƚLJŝƐƌĞĐŽŐŶŝnjĞĚǁŚĞŶƚŚĞ&ŽƵŶĚĂƚŝŽŶďĞĐŽŵĞƐĂƉĂƌƚLJƚŽƚŚĞĐŽŶƚƌĂĐƚƵĂůƉƌŽǀŝƐŝŽŶƐ ŽĨƚŚĞĨŝŶĂŶĐŝĂůŝŶƐƚƌƵŵĞŶƚ͘ůůĨŝŶĂŶĐŝĂůŝŶƐƚƌƵŵĞŶƚƐĂƌĞŝŶŝƚŝĂůůLJŵĞĂƐƵƌĞĚĂƚĨĂŝƌǀĂůƵĞĂŶĚƐƵďƐĞƋƵĞŶƚůLJĂƚĐŽƐƚŽƌ ĂŵŽƌƚŝnjĞĚĐŽƐƚ͕ĞdžĐĞƉƚĨŽƌĞƋƵŝƚŝĞƐǁŚŝĐŚĂƌĞƌĞƋƵŝƌĞĚƚŽďĞŵĞĂƐƵƌĞĚĂƚĨĂŝƌǀĂůƵĞ͕ŽƌĨŝŶĂŶĐŝĂůŝŶƐƚƌƵŵĞŶƚƐǁŚŝĐŚĂƌĞ ĚĞƐŝŐŶĂƚĞĚĂƚĨĂŝƌǀĂůƵĞ͘dŚĞ&ŽƵŶĚĂƚŝŽŶŚĂƐĚĞƐŝŐŶĂƚĞĚĂůůďŽŶĚƐ͕ŐƵĂƌĂŶƚĞĞĚŝŶǀĞƐƚŵĞŶƚĐĞƌƚŝĨŝĐĂƚĞƐĂŶĚŽƚŚĞƌ ĨŝŶĂŶĐŝĂůĂƐƐĞƚƐǁŝƚŚŝŶƚŚĞŝŶǀĞƐƚŵĞŶƚƉŽƌƚĨŽůŝŽ͕ŝŶƚŽƚŚĞĨĂŝƌǀĂůƵĞĐĂƚĞŐŽƌLJ͘hŶƌĞĂůŝnjĞĚŐĂŝŶƐĂŶĚůŽƐƐĞƐŽŶĨŝŶĂŶĐŝĂů ŝŶƐƚƌƵŵĞŶƚƐĂƌĞŵĞĂƐƵƌĞĚĂƚĨĂŝƌǀĂůƵĞĂŶĚƌĞƉŽƌƚĞĚŝŶƚŚĞ^ƚĂƚĞŵĞŶƚŽĨ/ŶĐŽŵĞ͕džƉĞŶƐĞƐĂŶĚŚĂŶŐĞƐŝŶ&ƵŶĚ ĂůĂŶĐĞƐ͘  &ŝŶĂŶĐŝĂůĂƐƐĞƚƐĂƌĞƚĞƐƚĞĚĨŽƌŝŵƉĂŝƌŵĞŶƚǁŚĞŶĐŚĂŶŐĞƐŝŶĐŝƌĐƵŵƐƚĂŶĐĞƐŝŶĚŝĐĂƚĞƚŚĂƚƚŚĞĂƐƐĞƚĐŽƵůĚďĞŝŵƉĂŝƌĞĚ͘ dƌĂŶƐĂĐƚŝŽŶĐŽƐƚƐŽŶƚŚĞĂĐƋƵŝƐŝƚŝŽŶĂŶĚƐĂůĞŽĨĨŝŶĂŶĐŝĂůŝŶƐƚƌƵŵĞŶƚƐĂƌĞĞdžƉĞŶƐĞĚĨŽƌƚŚŽƐĞŝƚĞŵƐƌĞͲŵĞĂƐƵƌĞĚĂƚĨĂŝƌ ǀĂůƵĞĂƚĞĂĐŚƐƚĂƚĞŵĞŶƚŽĨĨŝŶĂŶĐŝĂůƉŽƐŝƚŝŽŶĚĂƚĞĂŶĚĐŚĂƌŐĞĚƚŽƚŚĞĨŝŶĂŶĐŝĂůŝŶƐƚƌƵŵĞŶƚĨŽƌƚŚŽƐĞŵĞĂƐƵƌĞĚĂƚ ĂŵŽƌƚŝnjĞĚĐŽƐƚ͘

ϳ

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT 39 dŚĞWĂƌŬƐ&ŽƵŶĚĂƚŝŽŶ͕ĂůŐĂƌLJ EŽƚĞƐƚŽ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐ &ŽƌƚŚĞLJĞĂƌĞŶĚŝŶŐĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ

/ŶǀĞƐƚŵĞŶƚƐ

/ŶǀĞƐƚŵĞŶƚƐĂƌĞĐŽŵƉƌŝƐĞĚŽĨĂůůĨƵŶĚƐŝŶǀĞƐƚĞĚǁŝƚŚĂƉŽƌƚĨŽůŝŽŵĂŶĂŐĞƌ͕ŝƌƌĞƐƉĞĐƚŝǀĞŽĨǁŚĞƚŚĞƌƚŚĞĨƵŶĚƐĂƌĞŝŶǀĞƐƚĞĚ ŝŶĐĂƐŚĂŶĚĐĂƐŚĞƋƵŝǀĂůĞŶƚƐ͕ƐŚŽƌƚŽƌůŽŶŐƚĞƌŵŝŶǀĞƐƚŵĞŶƚƐ͕ŽƌĞƋƵŝƚŝĞƐ͕ĂƐƚŚĞƐĞŝŶǀĞƐƚŵĞŶƚƐĂƌĞŚĞůĚĨŽƌƚŚĞƉƵƌƉŽƐĞ ŽĨůŽŶŐͲƚĞƌŵĐĂƉŝƚĂůŐƌŽǁƚŚ͘WŽƌƚŝŽŶƐŽĨƚŚĞƵŶƌĞĂůŝnjĞĚŝŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞŽŶƚŚĞŶĚŽǁŵĞŶƚ&ƵŶĚƉŽƌƚĨŽůŝŽƐĂƌĞ ĞdžƚĞƌŶĂůůLJƌĞƐƚƌŝĐƚĞĚ͘ZĞĂůŝnjĞĚŝŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞŽŶƚŚĞŶĚŽǁŵĞŶƚ&ƵŶĚĂŶĚDĂŝŶƚĞŶĂŶĐĞ&ƵŶĚŝƐŝŶƚĞƌŶĂůůLJƌĞƐƚƌŝĐƚĞĚ ďLJŽĂƌĚĂƉƉƌŽǀĂůǁŝƚŚĐŽŶƐŝĚĞƌĂƚŝŽŶƚŽƚŚĞƚĞƌŵƐŽĨƚŚĞĂŐƌĞĞŵĞŶƚƐ͘ZĞĂůŝnjĞĚŝŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞĨƌŽŵƚŚĞƐĞƚǁŽ ƉŽƌƚĨŽůŝŽƐŝƐƌĞĐŽƌĚĞĚŝŶƚŚĞWƌŽũĞĐƚ&ƵŶĚĂŶĚŝƐĐůĂƐƐŝĨŝĞĚĂƐŝŶǀĞƐƚŵĞŶƚƵŶƚŝůŝƚŝƐƚƌĂŶƐĨĞƌƌĞĚƚŽƐƉĞĐŝĨŝĐƉƌŽũĞĐƚĂĐĐŽƵŶƚƐ ĨŽƌƚŚĞƉƵƌƉŽƐĞŽĨŵĞĞƚŝŶŐƐŚŽƌƚͲƚĞƌŵĐĂƐŚĐŽŵŵŝƚŵĞŶƚƐĂŶĚĨŽƌƌĞĐŽǀĞƌŝŶŐƐŽŵĞĐŽƐƚƐŽĨƚŚŽƐĞƉƌŽũĞĐƚ͛ƐŽƉĞƌĂƚŝŽŶƐ ŝŶĐƵƌƌĞĚďLJƚŚĞ&ŽƵŶĚĂƚŝŽŶ͘/ŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞŽĨƚŚĞŽƚŚĞƌƉŽƌƚĨŽůŝŽƐŝƐŚĞůĚǁŝƚŚŝŶƚŚĞŝƌŝŶǀĞƐƚŵĞŶƚĐŽŵƉŽŶĞŶƚƐ͘ ƐƉĞĐŝĨŝĐĐŽŶĚŝƚŝŽŶ͕ĂƉƉůLJŝŶŐƚŽƚŚĞ^ĂĚĚůĞĚŽŵĞŵĂƚĞƵƌ^ƉŽƌƚ&ƵŶĚ͕ĂƉƌŽũĞĐƚĨƵŶĚ͕ƌĞƋƵŝƌĞƐƚŚĂƚƚŚĞĞƋƵŝƚLJƉŽƌƚŝŽŶƵƉ ƚŽΨϱϬϬ͕ϬϬϬďĞƌĞƐƚƌŝĐƚĞĚĂŶĚŶŽƚďĞŵĂĚĞĂǀĂŝůĂďůĞĨŽƌĞdžƉĞŶĚŝƚƵƌĞ͘

/ŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞƌĞĂůŝnjĞĚĐŽŶƐŝƐƚƐŽĨŝŶƚĞƌĞƐƚ͕ĚŝǀŝĚĞŶĚƐĂŶĚĐĂƉŝƚĂůŐĂŝŶƐ;ůŽƐƐĞƐͿ͘/ŶĐŽŵĞŽŶŝŶǀĞƐƚŵĞŶƚƐŝƐƌĞƉŽƌƚĞĚ ŶĞƚŽĨŝŶǀĞƐƚŵĞŶƚŵĂŶĂŐĞŵĞŶƚ͕ďĂŶŬŝŶŐĂŶĚĐƵƐƚŽĚŝĂůĨĞĞƐŽĨΨϳϳ͕ϮϴϱĨŽƌϮϬϭϳ;ϮϬϭϲͲΨϳϳ͕ϵϴϲͿ͘

ĂƉŝƚĂůĂƐƐĞƚƐ

dŚĞ&ŽƵŶĚĂƚŝŽŶƌĞĐŽƌĚƐĂůůĚŽŶĂƚĞĚĂƐƐĞƚƐĂƚĨĂŝƌŵĂƌŬĞƚǀĂůƵĞĂƚƚŚĞĚĂƚĞŽĨƚŚĞĚŽŶĂƚŝŽŶ͘ůůŽƚŚĞƌĂĐƋƵŝƐŝƚŝŽŶƐĂƌĞ ƌĞĐŽƌĚĞĚĂƚĐŽƐƚ͘dŚĞƐĞĂƐƐĞƚƐĂƌĞĂŵŽƌƚŝnjĞĚŽǀĞƌƚŚĞŝƌƵƐĞĨƵůůŝǀĞƐƵƐŝŶŐƚŚĞĚĞĐůŝŶŝŶŐďĂůĂŶĐĞŵĞƚŚŽĚŽĨĂŵŽƌƚŝnjĂƚŝŽŶ ƚĂŬŝŶŐŽŶĞͲŚĂůĨLJĞĂƌĂŵŽƌƚŝnjĂƚŝŽŶŝŶƚŚĞLJĞĂƌŽĨĂĐƋƵŝƐŝƚŝŽŶ͘ŵŽƌƚŝnjĂƚŝŽŶƌĂƚĞƐĂƌĞϯϬйĨŽƌŽĨĨŝĐĞĞƋƵŝƉŵĞŶƚ͕ϮϬйĨŽƌ ĨƵƌŶŝƚƵƌĞĂŶĚĨŝdžƚƵƌĞƐ͕ϱϬйŽŶĐŽŵƉƵƚĞƌŚĂƌĚǁĂƌĞĂŶĚƐŽĨƚǁĂƌĞĂŶĚϭϬйĨŽƌůĞĂƐĞŚŽůĚŝŵƉƌŽǀĞŵĞŶƚƐ͘ŵŽƌƚŝnjĂƚŝŽŶ ĞdžƉĞŶƐĞŝƐƌĞĐŽƌĚĞĚŝŶƚŚĞKƉĞƌĂƚŝŶŐ&ƵŶĚ͘

ĂƉŝƚĂůĂƐƐĞƚƐĂƌĞƚĞƐƚĞĚĂŶŶƵĂůůLJĨŽƌŝŵƉĂŝƌŵĞŶƚǁŚĞƌĞŝŵƉĂŝƌŵĞŶƚŝŶĚŝĐĂƚŽƌƐĂƌĞƉƌĞƐĞŶƚ͘dŚŝƐǁŽƵůĚŽĐĐƵƌŝĨĂĐĂƉŝƚĂů ĂƐƐĞƚŶŽůŽŶŐĞƌĐŽŶƚƌŝďƵƚĞƐƚŽƚŚĞ&ŽƵŶĚĂƚŝŽŶΖƐĂďŝůŝƚLJƚŽƉƌŽǀŝĚĞƐĞƌǀŝĐĞƐ͘ŶLJĞdžĐĞƐƐŽĨƚŚĞĐĂƉŝƚĂůĂƐƐĞƚΖƐĐĂƌƌLJŝŶŐ ǀĂůƵĞǁŝƚŚŶŽůŽŶŐͲƚĞƌŵƐĞƌǀŝĐĞƉŽƚĞŶƚŝĂůŽǀĞƌŝƚƐƌĞƐŝĚƵĂůǀĂůƵĞŝƐƌĞĐŽŐŶŝnjĞĚĂƐĂŶĞdžƉĞŶƐĞŽĨƚŚĞƉĞƌŝŽĚ͘

ZĞǀĞŶƵĞƌĞĐŽŐŶŝƚŝŽŶ

ŽŶƚƌŝďƵƚŝŽŶƐĂƌĞƌĞĐŽŐŶŝnjĞĚǁŚĞŶƌĞĐĞŝǀĞĚŽƌƌĞĐĞŝǀĂďůĞŝĨƚŚĞĂŵŽƵŶƚƚŽďĞƌĞĐĞŝǀĞĚĐĂŶďĞƌĞĂƐŽŶĂďůLJĞƐƚŝŵĂƚĞĚĂŶĚ ĐŽůůĞĐƚŝŽŶŝƐƌĞĂƐŽŶĂďůLJĂƐƐƵƌĞĚ͘ZĞƐƚƌŝĐƚĞĚĐŽŶƚƌŝďƵƚŝŽŶƐƌĞůĂƚĞĚƚŽŽƉĞƌĂƚŝŽŶƐĂƌĞƌĞĐŽŐŶŝnjĞĚĂƐƌĞǀĞŶƵĞŽĨƚŚĞ KƉĞƌĂƚŝŶŐ&ƵŶĚŝŶƚŚĞLJĞĂƌŝŶǁŚŝĐŚƚŚĞƌĞůĂƚĞĚĞdžƉĞŶƐĞƐĂƌĞŝŶĐƵƌƌĞĚ͘ůůŽƚŚĞƌƌĞƐƚƌŝĐƚĞĚĐŽŶƚƌŝďƵƚŝŽŶƐĂƌĞƌĞĐŽŐŶŝnjĞĚ ĂƐƌĞǀĞŶƵĞŽĨƚŚĞĂƉƉƌŽƉƌŝĂƚĞƌĞƐƚƌŝĐƚĞĚĨƵŶĚ͘hŶƌĞƐƚƌŝĐƚĞĚĐŽŶƚƌŝďƵƚŝŽŶƐĂƌĞƌĞĐŽŐŶŝnjĞĚĂƐƌĞǀĞŶƵĞŽĨƚŚĞKƉĞƌĂƚŝŶŐ &ƵŶĚ͘ŽŶƚƌŝďƵƚŝŽŶƐĨŽƌĞŶĚŽǁŵĞŶƚĂƌĞƌĞĐŽŐŶŝnjĞĚĂƐƌĞǀĞŶƵĞŽĨƚŚĞŶĚŽǁŵĞŶƚ&ƵŶĚ͕ƵƉŽŶƌĞĐĞŝƉƚŽĨĐŽŶƚƌŝďƵƚŝŽŶƐ͘ /ŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞ͕ŶĞƚŽĨƉŽƌƚĨŽůŝŽŵĂŶĂŐĞƌĨĞĞƐ͕ĂŶĚŽƚŚĞƌŝŶĐŽŵĞŝƐƌĞĐŽŐŶŝnjĞĚĂƐƌĞǀĞŶƵĞǁŚĞŶĞĂƌŶĞĚŽŶƚŚĞ ĂĐĐƌƵĂůďĂƐŝƐ͘/ŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞƌĞĨůĞĐƚƐŐĂŝŶƐĂŶĚůŽƐƐĞƐŽŶƐĂůĞŽĨŝŶǀĞƐƚŵĞŶƚƐ͘hŶƌĞĂůŝnjĞĚŝŶĐŽŵĞŽƌůŽƐƐƌĞĨůĞĐƚƐƌĞͲ ŵĞĂƐƵƌĞŵĞŶƚŽĨŝŶǀĞƐƚŵĞŶƚƐƚŽĨĂŝƌǀĂůƵĞ͘

ŽŶƚƌŝďƵƚĞĚŵĂƚĞƌŝĂůƐĂŶĚƐĞƌǀŝĐĞƐ

dŚĞ&ŽƵŶĚĂƚŝŽŶƌĞĐĞŝǀĞƐǀĂƌŝŽƵƐĐŽŶƚƌŝďƵƚŝŽŶƐŝŶƚŚĞĨŽƌŵƐŽĨŵĂƚĞƌŝĂůƐĂŶĚƐĞƌǀŝĐĞƐƚŽĐĂƌƌLJŽƵƚŝƚƐŽďũĞĐƚŝǀĞƐ͘ĞĐĂƵƐĞ ŽĨƚŚĞĚŝĨĨŝĐƵůƚLJŝŶĚĞƚĞƌŵŝŶŝŶŐƚŚĞŝƌĨĂŝƌǀĂůƵĞ͕ĐŽŶƚƌŝďƵƚĞĚŵĂƚĞƌŝĂůƐĂŶĚƐĞƌǀŝĐĞƐĂƌĞŶŽƚƌĞĐŽŐŶŝnjĞĚŝŶƚŚĞĨŝŶĂŶĐŝĂů ƐƚĂƚĞŵĞŶƚƐ͘

ϴ

40 PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT dŚĞWĂƌŬƐ&ŽƵŶĚĂƚŝŽŶ͕ĂůŐĂƌLJ EŽƚĞƐƚŽ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐ &ŽƌƚŚĞLJĞĂƌĞŶĚŝŶŐĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ

WƌŽũĞĐƚĂĚŵŝŶŝƐƚƌĂƚŝŽŶ

dŚĞ&ŽƵŶĚĂƚŝŽŶĐŚĂƌŐĞƐĂŶĂĚŵŝŶŝƐƚƌĂƚŝŽŶĂůůŽĐĂƚŝŽŶŽĨϮйƚŽĂůůƉƌŽũĞĐƚƐ͕ϭ͘ϬйͲϭ͘ϱйƚŽĂůůĞŶĚŽǁŵĞŶƚĨƵŶĚƐŵĂŶĂŐĞĚ ďLJƚŚĞ&ŽƵŶĚĂƚŝŽŶĂŶĚϱйŽĨĐĂƉŝƚĂůĨƵŶĚƐƌĂŝƐĞĚǁŚŝĐŚĂƌĞĂǀĂŝůĂďůĞĨŽƌŐƌĂŶƚŝŶŐƚŽĐŽŵŵƵŶŝƚŝĞƐ͘dŚĞ&ŽƵŶĚĂƚŝŽŶŐƌĂŶƚƐ ƚŚĞϮйĂĚŵŝŶŝƐƚƌĂƚŝŽŶĂůůŽĐĂƚŝŽŶƚŽĐŽŵŵƵŶŝƚLJƉƌŽũĞĐƚƐƚŚĂƚƋƵĂůŝĨLJƵŶĚĞƌƚŚĞWĂƌƚŶĞƌWĂƌŬƐĚŵŝŶŝƐƚƌĂƚŝŽŶŽƐƚƐ ůůŽĐĂƚŝŽŶ'ƌĂŶƚŝŶŐWƌŽŐƌĂŵ͘DĂŶĂŐĞŵĞŶƚŚĂƐƚŚĞĚŝƐĐƌĞƚŝŽŶƚŽĐŚĂƌŐĞĂĚŵŝŶŝƐƚƌĂƚŝŽŶĐŽƐƚƐĂůůŽĐĂƚŝŽŶƚŽƌĞĐŽǀĞƌĐŽƐƚƐ ĨƌŽŵƉƌŽũĞĐƚƐǁŚŝĐŚĚŽŶŽƚƋƵĂůŝĨLJƵŶĚĞƌƚŚĞWĂƌƚŶĞƌWĂƌŬƐĚŵŝŶŝƐƚƌĂƚŝŽŶŽƐƚƐůůŽĐĂƚŝŽŶ'ƌĂŶƚŝŶŐWƌŽŐƌĂŵĂŶĚƵŶĚĞƌ ƐƉĞĐŝĂůĐŝƌĐƵŵƐƚĂŶĐĞƐ͘

/ŶĂĚĚŝƚŝŽŶ͕ƚŚĞ&ŽƵŶĚĂƚŝŽŶƌĞĐĞŝǀĞƐŵĂŶĂŐĞŵĞŶƚĐŽƐƚƐĂůůŽĐĂƚŝŽŶƚŽĂƐƐŝƐƚĐĞƌƚĂŝŶƉƌŽũĞĐƚƐĚƵƌŝŶŐƚŚĞĨƵŶĚƌĂŝƐŝŶŐŽƌ ĚĞǀĞůŽƉŵĞŶƚƐƚĂŐĞƐ͕ŽƌƚŽĂĚŵŝŶŝƐƚĞƌŐƌĂŶƚƐŽŶďĞŚĂůĨŽĨŽƚŚĞƌŶŽŶͲĨŽƌͲƉƌŽĨŝƚŽƌŐĂŶŝnjĂƚŝŽŶƐ͕ŽƌƚŽŵĂŶĂŐĞƉƌŽũĞĐƚƐ ĐŽŶƐƚƌƵĐƚŝŽŶ͘

ĚŵŝŶŝƐƚƌĂƚŝŽŶĐŽƐƚƐĂůůŽĐĂƚŝŽŶƐĂƌĞĐŽůůĞĐƚĞĚŵŽŶƚŚůLJďĂƐĞĚŽŶĞŝƚŚĞƌƚŚĞĐŽŶƚƌŝďƵƚŝŽŶƐƌĞĐĞŝǀĞĚŽƌƚŚĞďĂŶŬďĂůĂŶĐĞƐ͘ DĂŶĂŐĞŵĞŶƚĐŽƐƚƐĂůůŽĐĂƚŝŽŶƐĨŽƌƉƌŽũĞĐƚƐŝŶŝƚŝĂƚĞĚďLJƚŚĞ&ŽƵŶĚĂƚŝŽŶĂƌĞĐŽůůĞĐƚĞĚďĂƐĞĚŽŶƉĞƌĐĞŶƚĂŐĞŽĨĐŽŵƉůĞƚŝŽŶ͕ ĚĞƚĞƌŵŝŶĞĚŽŶƚŚĞďĂƐŝƐŽĨƉƌŽũĞĐƚĂŶĚĂƐƐŽĐŝĂƚĞĚĐŽƐƚƐŝŶĐƵƌƌĞĚ͕ǁŝƚŚŽƵƚũĞŽƉĂƌĚŝnjŝŶŐƚŚĞĐŽŵƉůĞƚŝŽŶŽĨƚŚĞƉƌŽũĞĐƚ͘ tŚĞƌĞŝƚŝƐĚŝĨĨŝĐƵůƚƚŽƉůĂĐĞĂǀĂůƵĞŽŶƚŚĞĐŽƐƚƐŝŶĐƵƌƌĞĚ͕ƌĞǀĞŶƵĞƐŚĂůůďĞƌĞĐŽŐŶŝnjĞĚŽŶĂƐƚƌĂŝŐŚƚůŝŶĞďĂƐŝƐŽǀĞƌƚŚĞ ƚĞƌŵŽĨƚŚĞƉƌŽũĞĐƚ͘

ĚŵŝŶŝƐƚƌĂƚŝŽŶĂŶĚŵĂŶĂŐĞŵĞŶƚĐŽƐƚƐĂůůŽĐĂƚŝŽŶƐĂƌĞƌĞĨůĞĐƚĞĚĂƐĨƵŶĚƚƌĂŶƐĨĞƌƐĂŶĚĂůůŽĐĂƚŝŽŶƐĨƌŽŵƚŚĞWƌŽũĞĐƚ&ƵŶĚ ƚŽƚŚĞKƉĞƌĂƚŝŶŐ&ƵŶĚ͖ĂŶĚĨƵŶĚƚƌĂŶƐĨĞƌƐĂŶĚĂůůŽĐĂƚŝŽŶƐǁŝƚŚŝŶƚŚĞKƉĞƌĂƚŝŶŐ&ƵŶĚ͘

hŶůĞƐƐĚĞƐŝŐŶĂƚĞĚĂƐĂŵĂŝŶƚĞŶĂŶĐĞĨƵŶĚ͕ĂŶLJƌĞƐŝĚƵĂůĨƵŶĚƌĞŵĂŝŶŝŶŐƚǁŽLJĞĂƌƐĂĨƚĞƌƚŚĞĐŽŵƉůĞƚŝŽŶŽĨĂŶLJƉƌŽũĞĐƚƐ ǁŝůůƌĞǀĞƌƚďĂĐŬƚŽƚŚĞ&ŽƵŶĚĂƚŝŽŶĂŶĚǁŝůůďĞƵƚŝůŝnjĞĚĂƚƚŚĞĚŝƐĐƌĞƚŝŽŶŽĨƚŚĞŽĂƌĚŽĨ'ŽǀĞƌŶŽƌƐ͘ZĞƐŝĚƵĂůĨƵŶĚƐĐĂŶ ƵƉŽŶǁƌŝƚƚĞŶƌĞƋƵĞƐƚďĞĐŽŶǀĞƌƚĞĚŝŶƚŽĂŶĞŶĚŽǁŵĞŶƚĨƵŶĚĚĞĚŝĐĂƚĞĚĨŽƌŵĂŝŶƚĞŶĂŶĐĞŽĨƚŚĞƉƌŽũĞĐƚ͘

ůůŽĐĂƚĞĚƌĞŵƵŶĞƌĂƚŝŽŶĐŽƐƚƐ

/ŶƚŚĞĐŽƵƌƐĞŽĨŝƚƐŽƉĞƌĂƚŝŽŶƐ͕ƚŚĞŵĂŶĂŐĞŵĞŶƚŽĨƚŚĞ&ŽƵŶĚĂƚŝŽŶĂůůŽĐĂƚĞƐƌĞŵƵŶĞƌĂƚŝŽŶĐŽƐƚƐƚŽŝƚƐĚŝĨĨĞƌĞŶƚĨƵŶĚƐ͕ ďĂƐĞĚŽŶŵĂŶĂŐĞŵĞŶƚ͛ƐďĞƐƚĞƐƚŝŵĂƚĞŽĨƚŚĞƚŝŵĞƐƉĞŶƚďLJĞĂĐŚĞŵƉůŽLJĞĞŝŶĞĂĐŚĂƌĞĂ͘

WůĞĚŐĞƐƌĞĐĞŝǀĂďůĞ

WůĞĚŐĞƐƌĞĐĞŝǀĂďůĞĂƌĞƌĞĐŽƌĚĞĚŝŶƚŚĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐǁŚĞŶƚŚĞĨŽůůŽǁŝŶŐĐƌŝƚĞƌŝĂĂƌĞŵĞƚ͗

^ŝŐŶĞĚůĞƚƚĞƌĨƌŽŵƚŚĞĚŽŶŽƌƐƚĂƚŝŶŐƉůĞĚŐĞĚĂŵŽƵŶƚǁŝƚŚŶŽŽƵƚƐƚĂŶĚŝŶŐĐŽŶĚŝƚŝŽŶƐ͖ dŚĞƉƌŽũĞĐƚŝƐĐŽŶĨŝƌŵĞĚƚŽƉƌŽĐĞĞĚŽŶĂŐŝǀĞŶĚĂƚĞŽƌŚĂƐĂůƌĞĂĚLJĐŽŵŵĞŶĐĞĚĐŽŶƐƚƌƵĐƚŝŽŶ͖ dŚĞŝƌĨĂŝƌǀĂůƵĞĐĂŶďĞƌĞĂƐŽŶĂďůLJĞƐƚŝŵĂƚĞĚ͖ĂŶĚ ŽůůĞĐƚŝŽŶŝƐƌĞĂƐŽŶĂďůLJĂƐƐƵƌĞĚ͘ 

ϵ

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT 41 dŚĞWĂƌŬƐ&ŽƵŶĚĂƚŝŽŶ͕ĂůŐĂƌLJ EŽƚĞƐƚŽ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐ &ŽƌƚŚĞLJĞĂƌĞŶĚŝŶŐĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ

Ϯ &ŝŶĂŶĐŝĂů/ŶƐƚƌƵŵĞŶƚƐ

dŚĞ&ŽƵŶĚĂƚŝŽŶŚŽůĚƐǀĂƌŝŽƵƐĨŽƌŵƐŽĨĨŝŶĂŶĐŝĂůŝŶƐƚƌƵŵĞŶƚƐ͘dŚĞŶĂƚƵƌĞŽĨƚŚĞƐĞŝŶƐƚƌƵŵĞŶƚƐĂŶĚƚŚĞ&ŽƵŶĚĂƚŝŽŶΖƐ ŽƉĞƌĂƚŝŽŶƐĞdžƉŽƐĞƐƚŚĞ&ŽƵŶĚĂƚŝŽŶƚŽǀĂƌŝŽƵƐƌŝƐŬƐ͘džĐĞƉƚĂƐĚŝƐĐůŽƐĞĚĞůƐĞǁŚĞƌĞ͕ƚŚĞ&ŽƵŶĚĂƚŝŽŶ͛ƐĨŝŶĂŶĐŝĂů ŝŶƐƚƌƵŵĞŶƚƐŚĂǀĞƚŚĞĨŽůůŽǁŝŶŐƌŝƐŬƐ͗

;ŝͿ/ŶƚĞƌĞƐƚƌĂƚĞƌŝƐŬ

/ŶƚĞƌĞƐƚƌĂƚĞƌŝƐŬŝƐƚŚĞƌŝƐŬƚŚĂƚƚŚĞǀĂůƵĞŽĨŝŶƚĞƌĞƐƚďĞĂƌŝŶŐĨŝŶĂŶĐŝĂůŝŶƐƚƌƵŵĞŶƚƐǁŝůůĨůƵĐƚƵĂƚĞĚƵĞƚŽĐŚĂŶŐĞƐŝŶƚŚĞ ƉƌĞǀĂŝůŝŶŐůĞǀĞůƐŽĨŵĂƌŬĞƚŝŶƚĞƌĞƐƚƌĂƚĞƐ͘dŚĞĨŝdžĞĚŝŶĐŽŵĞŝŶǀĞƐƚŵĞŶƚƐĂƌĞĂůƐŽƐƵďũĞĐƚƚŽĐĂƐŚĨůŽǁƌŝƐŬ͕ĂƌŝƐŝŶŐĨƌŽŵ ƚŚĞƌĞŝŶǀĞƐƚŵĞŶƚŽĨĐĂƐŚĨůŽǁĂƚǀĂƌLJŝŶŐŝŶƚĞƌĞƐƚƌĂƚĞƐ͘   dŚĞ&ŽƵŶĚĂƚŝŽŶŝƐĞdžƉŽƐĞĚƚŽŝŶƚĞƌĞƐƚƌĂƚĞƌŝƐŬĂƌŝƐŝŶŐĨƌŽŵƚŚĞĨůƵĐƚƵĂƚŝŽŶƐŝŶŝŶƚĞƌĞƐƚƌĂƚĞƐŽŶŝƚƐŝŶǀĞƐƚŵĞŶƚƐ͘dŚĞ &ŽƵŶĚĂƚŝŽŶŵŝƚŝŐĂƚĞƐƚŚĞƐĞƌŝƐŬƐƚŚƌŽƵŐŚŝŶǀĞƐƚŵĞŶƚŐƵŝĚĞůŝŶĞƐĂƉƉƌŽǀĞĚďLJƚŚĞ&ŽƵŶĚĂƚŝŽŶ͛ƐŽĂƌĚ͘  ƚĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ͕ƚŚĞ&ŽƵŶĚĂƚŝŽŶŚĂĚΨϭϮ͕ϯϱϴ͕ϱϬϰ;ϮϬϭϲͲΨϭϭ͕ϳϬϳ͕ϲϮϴͿŽĨŝŶǀĞƐƚŵĞŶƚƐĞdžƉŽƐĞĚƚŽŝŶƚĞƌĞƐƚƌĂƚĞ ƌŝƐŬ͘

;ŝŝͿƋƵŝƚLJƉƌŝĐĞƌŝƐŬ

ƋƵŝƚLJƌŝƐŬŝƐƚŚĞƵŶĐĞƌƚĂŝŶƚLJĂƐƐŽĐŝĂƚĞĚǁŝƚŚƚŚĞǀĂůƵĂƚŝŽŶŽĨĂƐƐĞƚƐĂƌŝƐŝŶŐĨƌŽŵĐŚĂŶŐĞƐŝŶĞƋƵŝƚLJŵĂƌŬĞƚƐ͘dŽŵŝƚŝŐĂƚĞ ĞƋƵŝƚLJƉƌŝĐĞƌŝƐŬ͕ƚŚĞ&ŽƵŶĚĂƚŝŽŶŚĂƐŝŶǀĞƐƚŵĞŶƚƉŽůŝĐLJŐƵŝĚĞůŝŶĞƐŝŶƉůĂĐĞƚŚĂƚƉƌŽǀŝĚĞĨŽƌƉƌƵĚĞŶƚŝŶǀĞƐƚŵĞŶƚŝŶĞƋƵŝƚLJ ŵĂƌŬĞƚƐǁŝƚŚŝŶĐůĞĂƌůLJĚĞĨŝŶĞĚůŝŵŝƚƐ͘

dŚĞ&ŽƵŶĚĂƚŝŽŶŚĂƐĂŶƵƉƉĞƌůŝŵŝƚŽŶĞƋƵŝƚŝĞƐŽĨϱϬй;ϬйĨŽƌƚŚĞ^ŚŽƌƚdĞƌŵWƌŽũĞĐƚƐĂĐĐŽƵŶƚͿ͘dŚĞƉŽƌƚĨŽůŝŽŵĂŶĂŐĞƌ ŚĂƐĂŶŝŶƚĞƌŶĂůĐŽŶƐƚƌĂŝŶƚŽĨŶŽŵŽƌĞƚŚĂŶϮϬйŽĨŝƚƐŶĞƚĂƐƐĞƚƐŝŶĂƉĂƌƚŝĐƵůĂƌŝŶĚƵƐƚƌLJ;ŝ͘Ğ͘ƐƵďͲƐĞĐƚŽƌͿĂƐĐůĂƐƐŝĨŝĞĚďLJ ƚŚĞ'ůŽďĂů/ŶĚƵƐƚƌLJůĂƐƐŝĨŝĐĂƚŝŽŶ^ƚĂŶĚĂƌĚƐ;͞'/^͟ͿƚŽƌĞĚƵĐĞĐŽŶĐĞŶƚƌĂƚŝŽŶƌŝƐŬ͘dŚĞƉŽƌƚĨŽůŝŽŵĂŶĂŐĞƌůŝŵŝƚƐƚŚĞ ŵĂŐŶŝƚƵĚĞŽĨĂŶLJŽŶĞĂƐƐĞƚŵŝdžƐŚŝĨƚƚŽϱйƉĞƌƋƵĂƌƚĞƌƚŽƌĞĚƵĐĞƚŝŵŝŶŐƌŝƐŬ͘dŚĞƉŽƌƚĨŽůŝŽŵĂŶĂŐĞƌĂůƐŽůŝŵŝƚƐƚŚĞ ŝŶǀĞƐƚŵĞŶƚŝŶĂŶLJŽŶĞĐŽƌƉŽƌĂƚŝŽŶƚŽŶŽŵŽƌĞƚŚĂŶϭϬйŽĨƚŚĞĞƋƵŝƚLJĐŽŵƉŽŶĞŶƚ͘

dŚĞ&ƵŶĚ͛ƐĞƋƵŝƚLJŚŽůĚŝŶŐƐĂƌĞŝŶŶŝŶĞŽĨƚĞŶ'/^ƐĞĐƚŽƌƐĂŶĚĂƌĞŵŽƐƚŚĞĂǀŝůLJǁĞŝŐŚƚĞĚƚŽĨŝŶĂŶĐŝĂůƐ;ϮϰйŽĨƚŚĞĞƋƵŝƚLJ ǁĞŝŐŚƚͿ͕ŝŶĚƵƐƚƌŝĂůƐ;ϭϴйͿĂŶĚŝŶĨŽƌŵĂƚŝŽŶƚĞĐŚŶŽůŽŐLJ;ϭϳйͿ͘dŚĞĐŽŵďŝŶĞĚĞdžƉŽƐƵƌĞƚŽĂůůƚŚƌĞĞƐĞĐƚŽƌƐŝƐϱϵй͘

ƚĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ͕ƚŚĞ&ŽƵŶĚĂƚŝŽŶŚĂĚΨϵ͕ϰϭϵ͕ϴϭϳ;ϮϬϭϲͲΨϴ͕Ϯϱϭ͕ϵϬϯͿŽĨŝŶǀĞƐƚŵĞŶƚƐĞdžƉŽƐĞĚƚŽĞƋƵŝƚLJƉƌŝĐĞƌŝƐŬ͘  ;ŝŝŝͿƌĞĚŝƚƌŝƐŬ

^ƵďƐƚĂŶƚŝĂůůLJĂůůŽĨƚŚĞ&ŽƵŶĚĂƚŝŽŶΖƐĐĂƐŚĂŶĚĐĂƐŚĞƋƵŝǀĂůĞŶƚƐĂŶĚŝŶǀĞƐƚŵĞŶƚƐĂƌĞŚĞůĚǁŝƚŚŝŶĂĐŚĂƌƚĞƌĞĚĨŝŶĂŶĐŝĂů ďĂŶŬŝŶŐŝŶƐƚŝƚƵƚŝŽŶĂŶĚƚŚĞŝƌĐƵƐƚŽĚŝĂŶ͘ƐƐƵĐŚ͕ƚŚĞ&ŽƵŶĚĂƚŝŽŶŝƐĞdžƉŽƐĞĚƚŽƚŚĞĐƌĞĚŝƚƌŝƐŬƐŽĨƚŚĞƐĞĞŶƚŝƚŝĞƐ͘

dŚĞ&ŽƵŶĚĂƚŝŽŶ͛ƐĂĐĐŽƵŶƚƐƌĞĐĞŝǀĂďůĞĐŽŶƐŝƐƚƐŽĨ'^dƌĞĐĞŝǀĂďůĞĨƌŽŵƚŚĞŐŽǀĞƌŶŵĞŶƚ͘ĐĐŽƌĚŝŶŐůLJ͕ƚŚĞ&ŽƵŶĚĂƚŝŽŶĂŶĚ ƚŚĞĂŶĂĚŝĂŶŐŽǀĞƌŶŵĞŶƚǀŝĞǁƐĐƌĞĚŝƚƌŝƐŬŽŶ'^dƌĞĐĞŝǀĂďůĞĂƐŵŝŶŝŵĂů͘

ϭϬ

42 PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT dŚĞWĂƌŬƐ&ŽƵŶĚĂƚŝŽŶ͕ĂůŐĂƌLJ EŽƚĞƐƚŽ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐ &ŽƌƚŚĞLJĞĂƌĞŶĚŝŶŐĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ

dŚĞĨĂŝƌǀĂůƵĞŽĨĚĞďƚƐĞĐƵƌŝƚŝĞƐŝŶĐůƵĚĞƐĐŽŶƐŝĚĞƌĂƚŝŽŶŽĨƚŚĞĐƌĞĚŝƚǁŽƌƚŚŝŶĞƐƐŽĨƚŚĞĚĞďƚŝƐƐƵĞƌ͘dŚĞĐĂƌƌLJŝŶŐĂŵŽƵŶƚ ŽĨƚŚĞĚĞďƚƐĞĐƵƌŝƚŝĞƐŚĞůĚǁŝƚŚŝŶƚŚĞŝŶǀĞƐƚŵĞŶƚƐƌĞƉƌĞƐĞŶƚƐƚŚĞŵĂdžŝŵƵŵĐƌĞĚŝƚƌŝƐŬĞdžƉŽƐƵƌĞĂƐĂƚĞĐĞŵďĞƌϯϭ͕ ϮϬϭϳ͘

ƌĞĚŝƚƌŝƐŬĂƌŝƐŝŶŐŽŶĚĞďƚŝŶƐƚƌƵŵĞŶƚƐŝƐŵŝƚŝŐĂƚĞĚďLJŝŶǀĞƐƚŝŶŐƉƌŝŵĂƌŝůLJŝŶƌĂƚĞĚŝŶƐƚƌƵŵĞŶƚƐŽƌŝŶƐƚƌƵŵĞŶƚƐŝƐƐƵĞĚďLJ ƌĂƚĞĚĐŽƵŶƚĞƌƉĂƌƚŝĞƐŽĨĐƌĞĚŝƚƌĂƚŝŶŐƐŽĨĂƚůĞĂƐƚ͘dŚĞĂǀĞƌĂŐĞĐƌĞĚŝƚƋƵĂůŝƚLJŽĨƚŚĞĂŶĂĚŝĂŶŽŶĚWŽŽůĞĚ&ƵŶĚĂƐĂƚ ĞĐĞŵďĞƌϯϭ͕ϮϬϭϳǁĂƐ;ϮϬϭϲʹͿ͘

;ŝǀͿƵƌƌĞŶĐLJƌŝƐŬ

ƵƌƌĞŶĐLJƌŝƐŬĂƌŝƐĞƐĨƌŽŵĨŝŶĂŶĐŝĂůŝŶƐƚƌƵŵĞŶƚƐƚŚĂƚĂƌĞĚĞŶŽŵŝŶĂƚĞĚŝŶĂĐƵƌƌĞŶĐLJŽƚŚĞƌƚŚĂŶƚŚĞĂŶĂĚŝĂŶĚŽůůĂƌ͕ǁŚŝĐŚ ŝƐƚŚĞ&ŽƵŶĚĂƚŝŽŶ͛ƐĨƵŶĐƚŝŽŶĂůĐƵƌƌĞŶĐLJ͘dŚĞ&ŽƵŶĚĂƚŝŽŶŝƐĞdžƉŽƐĞĚƚŽƚŚĞƌŝƐŬƚŚĂƚƚŚĞǀĂůƵĞŽĨƐĞĐƵƌŝƚŝĞƐĚĞŶŽŵŝŶĂƚĞĚ ŝŶŽƚŚĞƌĐƵƌƌĞŶĐŝĞƐǁŝůůĨůƵĐƚƵĂƚĞĚƵĞƚŽĐŚĂŶŐĞƐŝŶĞdžĐŚĂŶŐĞƌĂƚĞƐ͘dŚĞĞdžƉŽƐƵƌĞƚŽĐƵƌƌĞŶĐLJƌŝƐŬŝƐƉƌŝŵĂƌŝůLJƚŚƌŽƵŐŚ ŝŶǀĞƐƚŵĞŶƚŝŶŵƵƚƵĂůĨƵŶĚƐǁŝƚŚĨŽƌĞŝŐŶĞƋƵŝƚLJŚŽůĚŝŶŐƐ͘ƋƵŝƚŝĞƐƚƌĂĚŝŶŐŝŶĨŽƌĞŝŐŶŵĂƌŬĞƚƐĂƌĞĂůƐŽĞdžƉŽƐĞĚƚŽ ĐƵƌƌĞŶĐLJƌŝƐŬĂƐƚŚĞƉƌŝĐĞŝŶůŽĐĂůƚĞƌŵƐŽŶƚŚĞĨŽƌĞŝŐŶƐƚŽĐŬĞdžĐŚĂŶŐĞŝƐĐŽŶǀĞƌƚĞĚƚŽĂŶĂĚŝĂŶĚŽůůĂƌƐƚŽĚĞƚĞƌŵŝŶĞĨĂŝƌ ǀĂůƵĞ͘'ĞŶĞƌĂůůLJƚŚĞ&ŽƵŶĚĂƚŝŽŶŚŽůĚƐŝƚƐĐĂƐŚĂŶĚĐĂƐŚĞƋƵŝǀĂůĞŶƚƐŝŶĂŶĂĚŝĂŶĚŽůůĂƌƐ͘

ƐĂƚĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ͕ƚŚĞ&ŽƵŶĚĂƚŝŽŶŚĂĚΨϲ͕ϳϵϭ͕ϳϬϳ;ϮϬϭϲͲΨϲ͕ϬϮϬ͕ϮϵϰͿŽĨŝŶǀĞƐƚŵĞŶƚƐĞdžƉŽƐĞĚƚŽĐƵƌƌĞŶĐLJƌŝƐŬ͘

;ǀͿ>ŝƋƵŝĚŝƚLJƌŝƐŬ

>ŝƋƵŝĚŝƚLJƌŝƐŬŝƐƚŚĞƌŝƐŬƚŚĂƚƚŚĞ&ŽƵŶĚĂƚŝŽŶǁŝůůĞŶĐŽƵŶƚĞƌĚŝĨĨŝĐƵůƚLJŝŶŵĞĞƚŝŶŐŝƚƐŽďůŝŐĂƚŝŽŶƐĂƐƐŽĐŝĂƚĞĚǁŝƚŚĨŝŶĂŶĐŝĂů ůŝĂďŝůŝƚŝĞƐ͘dŚŝƐŝŶĐůƵĚĞƐƚŚĞƌŝƐŬƚŚĂƚ͕ĂƐĂƌĞƐƵůƚŽĨŽƉĞƌĂƚŝŽŶĂůůŝƋƵŝĚŝƚLJƌĞƋƵŝƌĞŵĞŶƚƐ͕ƚŚĞ&ŽƵŶĚĂƚŝŽŶǁŝůůŶŽƚŚĂǀĞ ƐƵĨĨŝĐŝĞŶƚĨƵŶĚƐƚŽƐĞƚƚůĞĂƚƌĂŶƐĂĐƚŝŽŶŽŶƚŚĞĚƵĞĚĂƚĞ͖ǁŝůůďĞĨŽƌĐĞĚƚŽƐĞůůĨŝŶĂŶĐŝĂůĂƐƐĞƚƐĂƚĂǀĂůƵĞ͕ǁŚŝĐŚŝƐůĞƐƐƚŚĂŶ ǁŚĂƚƚŚĞLJĂƌĞǁŽƌƚŚ͖ŽƌŵĂLJďĞƵŶĂďůĞƚŽƐĞƚƚůĞŽƌƌĞĐŽǀĞƌĂĨŝŶĂŶĐŝĂůĂƐƐĞƚ͘>ŝƋƵŝĚŝƚLJƌŝƐŬĂƌŝƐĞƐĨƌŽŵĂĐĐŽƵŶƚƐƉĂLJĂďůĞ͘ dŚĞ&ŽƵŶĚĂƚŝŽŶŚĂƐƌĞƐĞƌǀĞĨƵŶĚƐĨƌŽŵƉƌŝŽƌLJĞĂƌƐƵƌƉůƵƐĞƐƚŽŵŝƚŝŐĂƚĞƚŚĞůŝƋƵŝĚŝƚLJƌŝƐŬ͕ĂŶĚŵŽŶŝƚŽƌƐƚŚĞŝƌĐĂƐŚĨůŽǁƐ ŽŶĂƌĞŐƵůĂƌďĂƐŝƐ͘

ϭϭ

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT 43 ϯŽŵƉŽƐŝƚŝŽŶŽĨDĂŶĂŐĞĚ&ƵŶĚƐ

WZ<^&KhEd/KE>'Zz ^ƚĂƚĞŵĞŶƚŽĨ&ŝŶĂŶĐŝĂůWŽƐŝƚŝŽŶ

WƌŽũĞĐƚ&ƵŶĚ DĂŝŶƚĞŶĂŶĐĞ&ƵŶĚ ŶĚŽǁŵĞŶƚ&ƵŶĚ DĂŶĂŐĞĚ&ƵŶĚƐ ĞĐĞŵďĞƌϯϭ͕ ĞĐĞŵďĞƌϯϭ͕ ĞĐĞŵďĞƌϯϭ͕ ĞĐĞŵďĞƌϯϭ͕ ĞĐĞŵďĞƌϯϭ͕ ĞĐĞŵďĞƌϯϭ͕ ĞĐĞŵďĞƌϯϭ͕ ĞĐĞŵďĞƌϯϭ͕ ϮϬϭϳ ϮϬϭϲ ϮϬϭϳ ϮϬϭϲ ϮϬϭϳ ϮϬϭϲ ϮϬϭϳ ϮϬϭϲ ΨΨΨΨΨΨΨΨ ƐƐĞƚƐ ƵƌƌĞŶƚĂƐƐĞƚƐ ĂƐŚĂŶĚĐĂƐŚĞƋƵŝǀĂůĞŶƚƐ;EŽƚĞϰͿ ϳ͕ϲϯϵ͕ϲϯϳ  ϱ͕ϵϭϭ͕ϬϵϮ  Ͳ  Ͳ  Ͳ  Ͳ  ϳ͕ϲϯϵ͕ϲϯϳ  ϱ͕ϵϭϭ͕ϬϵϮ ĐĐŽƵŶƚƐƌĞĐĞŝǀĂďůĞ ϴϮ͕ϳϲϭ  ϴϯ͕ϭϴϳ  Ͳ  Ͳ  Ϯϯϵ  Ϯϰϳ  ϴϯ͕ϬϬϬ  ϴϯ͕ϰϯϰ ƵĞƚŽ;ĨƌŽŵͿĨƵŶĚƐ;EŽƚĞϲͿ ;ϰϲϮ͕ϲϯϮͿ  ;ϰϱϱ͕ϵϵϱͿ  ϯϵϲ͕ϱϬϱ  ϯϰϬ͕ϱϯϮ  ;ϱϮ͕ϮϮϳͿ  ;Ϯϵ͕ϵϴϬͿ  ;ϭϭϴ͕ϯϱϰͿ  ;ϭϰϱ͕ϰϰϯͿ ϳ͕Ϯϱϵ͕ϳϲϲ  ϱ͕ϱϯϴ͕Ϯϴϰ  ϯϵϲ͕ϱϬϱ  ϯϰϬ͕ϱϯϮ  ;ϱϭ͕ϵϴϴͿ  ;Ϯϵ͕ϳϯϯͿ  ϳ͕ϲϬϰ͕Ϯϴϯ  ϱ͕ϴϰϵ͕Ϭϴϯ

/ŶǀĞƐƚŵĞŶƚƐ ϲ͕ϭϰϰ͕ϭϯϲ  ϱ͕ϳϳϭ͕ϭϭϱ  ϯ͕ϯϵϲ͕ϭϯϭ  Ϯ͕ϵϰϵ͕Ϯϵϵ  ϭϯ͕ϵϵϰ͕ϮϰϬ  ϭϯ͕ϯϮϬ͕ϲϳϲ  Ϯϯ͕ϱϯϰ͕ϱϬϳ  ϮϮ͕Ϭϰϭ͕ϬϵϬ ϭϯ͕ϰϬϯ͕ϵϬϮ  ϭϭ͕ϯϬϵ͕ϯϵϵ  ϯ͕ϳϵϮ͕ϲϯϲ  ϯ͕Ϯϴϵ͕ϴϯϭ  ϭϯ͕ϵϰϮ͕ϮϱϮ  ϭϯ͕ϮϵϬ͕ϵϰϯ  ϯϭ͕ϭϯϴ͕ϳϵϬ  Ϯϳ͕ϴϵϬ͕ϭϳϯ >ŝĂďŝůŝƚŝĞƐ ƵƌƌĞŶƚůŝĂďŝůŝƚŝĞƐ ĐĐŽƵŶƚƐƉĂLJĂďůĞĂŶĚĂĐĐƌƵĞĚ ůŝĂďŝůŝƚŝĞƐ ϳϳ͕ϳϵϰ  ;ϰϱϮͿ  Ͳ  Ͳ  Ͳ  Ͳ  ϳϳ͕ϳϵϰ  ;ϰϱϮͿ

&ƵŶĚďĂůĂŶĐĞƐ;EŽƚĞϵͿ /ŶƚĞƌŶĂůůLJƌĞƐƚƌŝĐƚĞĚ ϭ͕ϴϱϯ͕ϮϱϬ  ϭ͕ϲϬϬ͕ϯϵϱ  ϯ͕ϳϵϮ͕ϲϯϲ  ϯ͕Ϯϴϵ͕ϴϯϭ  ϲϴϴ͕ϱϯϭ  ϲϯϮ͕ϳϴϰ  ϲ͕ϯϯϰ͕ϰϭϳ  ϱ͕ϱϮϯ͕ϬϭϬ džƚĞƌŶĂůůLJƌĞƐƚƌŝĐƚĞĚ ϭϭ͕ϰϳϮ͕ϴϱϴ  ϵ͕ϳϬϵ͕ϰϱϲ  Ͳ  Ͳ  ϭϯ͕Ϯϱϯ͕ϳϮϭ  ϭϮ͕ϲϱϴ͕ϭϱϵ  Ϯϰ͕ϳϮϲ͕ϱϳϵ  ϮϮ͕ϯϲϳ͕ϲϭϱ ϭϯ͕ϯϮϲ͕ϭϬϴ  ϭϭ͕ϯϬϵ͕ϴϱϭ  ϯ͕ϳϵϮ͕ϲϯϲ  ϯ͕Ϯϴϵ͕ϴϯϭ  ϭϯ͕ϵϰϮ͕ϮϱϮ  ϭϯ͕ϮϵϬ͕ϵϰϯ  ϯϭ͕ϬϲϬ͕ϵϵϲ  Ϯϳ͕ϴϵϬ͕ϲϮϱ

ϭϯ͕ϰϬϯ͕ϵϬϮ  ϭϭ͕ϯϬϵ͕ϯϵϵ  ϯ͕ϳϵϮ͕ϲϯϲ  ϯ͕Ϯϴϵ͕ϴϯϭ  ϭϯ͕ϵϰϮ͕ϮϱϮ  ϭϯ͕ϮϵϬ͕ϵϰϯ  ϯϭ͕ϭϯϴ͕ϳϵϬ  Ϯϳ͕ϴϵϬ͕ϭϳϯ



44 PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT dŚĞWĂƌŬƐ&ŽƵŶĚĂƚŝŽŶ͕ĂůŐĂƌLJ EŽƚĞƐƚŽ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐ &ŽƌƚŚĞLJĞĂƌĞŶĚŝŶŐĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ

WZ<^&KhEd/KE>'Zz ^ƚĂƚĞŵĞŶƚƐŽĨ/ŶĐŽŵĞ͕džƉĞŶƐĞƐĂŶĚŚĂŶŐĞƐŝŶDĂŶĂŐĞĚ&ƵŶĚĂůĂŶĐĞƐ &ŽƌƚŚĞLJĞĂƌĞŶĚĞĚĞĐĞŵďĞƌϯϭ͕

WƌŽũĞĐƚ&ƵŶĚ DĂŝŶƚĞŶĂŶĐĞ&ƵŶĚ ŶĚŽǁŵĞŶƚ&ƵŶĚ DĂŶĂŐĞĚ&ƵŶĚƐ ϮϬϭϳ ϮϬϭϲ ϮϬϭϳ ϮϬϭϲ ϮϬϭϳ ϮϬϭϲ ϮϬϭϳ ϮϬϭϲ ΨΨ Ψ Ψ ΨΨΨΨ /ŶĐŽŵĞ ŽŶƚƌŝďƵƚŝŽŶƐ;EŽƚĞϭϭͿ ϭϮ͕Ϭϴϭ͕ϳϬϳ  ϳ͕ϱϱϯ͕ϰϳϲ Ͳ Ͳ ϭϰ͕ϳϬϬ  ϲϭϵ͕ϲϴϱ  ϭϮ͕Ϭϵϲ͕ϰϬϳ  ϴ͕ϭϳϯ͕ϭϲϭ /ŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞͲƌĞĂůŝnjĞĚ ϭ͕Ϭϭϴ͕ϯϱϴ  ϳϯϭ͕ϴϯϰ Ϯϱ͕ϭϬϬ ϯϴ͕Ϯϱϯ ϮϮϵ͕Ϯϯϯ  ϮϮϲ͕ϭϳϭ  ϭ͕ϮϳϮ͕ϲϵϭ  ϵϵϲ͕Ϯϱϴ /ŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞ;ůŽƐƐͿͲƵŶƌĞĂůŝnjĞĚ ;ϳ͕ϯϯϬͿ  ;ϭϭ͕ϳϴϰͿ ϴϭ͕ϮϬϬ ;ϭϭϱ͕ϯϳϭͿ ϮϬϭ͕ϴϯϭ  ;Ϯϯϯ͕ϮϴϱͿ  Ϯϳϱ͕ϳϬϭ  ;ϯϲϬ͕ϰϰϬͿ ϭϯ͕ϬϵϮ͕ϳϯϱ  ϴ͕Ϯϳϯ͕ϱϮϲ ϭϬϲ͕ϯϬϬ ;ϳϳ͕ϭϭϴͿ ϰϰϱ͕ϳϲϰ  ϲϭϮ͕ϱϳϭ  ϭϯ͕ϲϰϰ͕ϳϵϵ  ϴ͕ϴϬϴ͕ϵϳϵ džƉĞŶƐĞƐ WƌŽũĞĐƚĐŽƐƚƐ;EŽƚĞϭϮͿ ϵ͕ϭϴϭ͕ϯϰϲ  ϱ͕ϱϳϳ͕ϰϴϮ Ͳ Ͳ Ϯ͕ϬϬϬ  Ͳ  ϵ͕ϭϴϯ͕ϯϰϲ  ϱ͕ϱϳϳ͕ϰϴϮ ^ĂĚĚůĞĚŽŵĞŐƌĂŶƚƐ ϱϮϲ͕ϰϯϰ  ϭ͕Ϭϰϴ͕Ϭϵϱ Ͳ Ͳ Ͳ  Ͳ  ϱϮϲ͕ϰϯϰ  ϭ͕Ϭϰϴ͕Ϭϵϱ ϵ͕ϳϬϳ͕ϳϴϬ  ϲ͕ϲϮϱ͕ϱϳϳ Ͳ Ͳ Ϯ͕ϬϬϬ  Ͳ  ϵ͕ϳϬϵ͕ϳϴϬ  ϲ͕ϲϮϱ͕ϱϳϳ

džĐĞƐƐŽĨŝŶĐŽŵĞŽǀĞƌĞdžƉĞŶƐĞƐ ϯ͕ϯϴϰ͕ϵϱϱ  ϭ͕ϲϰϳ͕ϵϰϵ ϭϬϲ͕ϯϬϬ ;ϳϳ͕ϭϭϴͿ ϰϰϯ͕ϳϲϰ  ϲϭϮ͕ϱϳϭ  ϯ͕ϵϯϱ͕Ϭϭϵ  Ϯ͕ϭϴϯ͕ϰϬϮ &ƵŶĚƚƌĂŶƐĨĞƌƐĂŶĚĂůůŽĐĂƚŝŽŶƐ;EŽƚĞϭϱͿ ĚŵŝŶŝƐƚƌĂƚŝŽŶ;EŽƚĞϭϯͿ ;ϰϭϴ͕ϵϬϰͿ  ;ϯϬϳ͕ϵϯϯͿ Ͳ Ͳ ;ϴϮϵͿ  ;ϴϯϯͿ  ;ϰϭϵ͕ϳϯϯͿ  ;ϯϬϴ͕ϳϲϲͿ DĂŶĂŐĞŵĞŶƚ ;ϮϬϮ͕ϲϴϴͿ  ;Ϯϯϳ͕ϲϴϮͿ Ͳ Ͳ Ͳ  Ͳ  ;ϮϬϮ͕ϲϴϴͿ  ;Ϯϯϳ͕ϲϴϮͿ dƌĂŶƐĨĞƌƐ ;ϳϰϳ͕ϭϬϲͿ  ;ϰϴϴ͕ϳϰϯͿ ϯϵϲ͕ϱϬϱ ϯϰϬ͕ϱϯϮ ϮϬϴ͕ϯϳϰ  ;ϭϭ͕ϮϰϯͿ  ;ϭϰϮ͕ϮϮϳͿ  ;ϭϱϵ͕ϰϱϰͿ ;ϭ͕ϯϲϴ͕ϲϵϴͿ  ;ϭ͕Ϭϯϰ͕ϯϱϴͿ ϯϵϲ͕ϱϬϱ ϯϰϬ͕ϱϯϮ ϮϬϳ͕ϱϰϱ  ;ϭϮ͕ϬϳϲͿ  ;ϳϲϰ͕ϲϰϴͿ  ;ϳϬϱ͕ϵϬϮͿ

džĐĞƐƐŽĨŝŶĐŽŵĞĂĨƚĞƌƚƌĂŶƐĨĞƌƐ Ϯ͕Ϭϭϲ͕Ϯϱϳ  ϲϭϯ͕ϱϵϭ ϱϬϮ͕ϴϬϱ Ϯϲϯ͕ϰϭϰ ϲϱϭ͕ϯϬϵ  ϲϬϬ͕ϰϵϱ  ϯ͕ϭϳϬ͕ϯϳϭ  ϭ͕ϰϳϳ͕ϱϬϬ

&ƵŶĚďĂůĂŶĐĞ͕ďĞŐŝŶŶŝŶŐŽĨLJĞĂƌ ϭϭ͕ϯϬϵ͕ϴϱϭ  ϭϬ͕ϲϵϲ͕ϮϲϬ ϯ͕Ϯϴϵ͕ϴϯϭ ϯ͕ϬϮϲ͕ϰϭϳ ϭϯ͕ϮϵϬ͕ϵϰϯ ϭϮ͕ϲϵϬ͕ϰϰϴ  Ϯϳ͕ϴϵϬ͕ϲϮϱ Ϯϲ͕ϰϭϯ͕ϭϮϱ &ƵŶĚďĂůĂŶĐĞ͕ĞŶĚŽĨLJĞĂƌ;EŽƚĞϵͿ ϭϯ͕ϯϮϲ͕ϭϬϴ  ϭϭ͕ϯϬϵ͕ϴϱϭ ϯ͕ϳϵϮ͕ϲϯϲ ϯ͕Ϯϴϵ͕ϴϯϭ ϭϯ͕ϵϰϮ͕ϮϱϮ  ϭϯ͕ϮϵϬ͕ϵϰϯ  ϯϭ͕ϬϲϬ͕ϵϵϲ  Ϯϳ͕ϴϵϬ͕ϲϮϱ

ϭϯ

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT 45 dŚĞWĂƌŬƐ&ŽƵŶĚĂƚŝŽŶ͕ĂůŐĂƌLJ EŽƚĞƐƚŽ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐ &ŽƌƚŚĞLJĞĂƌĞŶĚŝŶŐĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ

ϰĂƐŚĂŶĚĂƐŚƋƵŝǀĂůĞŶƚƐĂŶĚ/ŶǀĞƐƚŵĞŶƚƐ

As at Dec ember 31, the Foundation held the follow ing cash and investments:

December 31, 2017 December 31, 2016 Market Value Cost Market V alue Cost $$ $$ Cash and cash equivalents 8,792,962 8,806,376 6,763,086 6,773,126 Investments 24,259,127 21,441,050 22,605,879 18,051,759 Total 33,052,089 30,247,427 29,368,965 24,824,885

Cash and cash equivalents and investments are allocated to the follow ing:

Managed Funds Operating Fund Total 2017 2016 2017 2016 2017 2016 $ $ $$ $ $ Cash and cash equivalents 7,639,637 5,911,092 1,153,325 851,994 8,792,962 6,763,086 7,639,637 5,911,092 1,153,325 851,994 8,792,962 6,763,086 Investments Money market fund and T-bill sec urities 1,892,081 1,826,328 31,195 24,928 1,923,276 1,851,256 Bond pooled fund and fixed inc ome sec urities 7,367,434 7,014,691 206,957 162,015 7,574,391 7,176,706 Balanced pooled fund 14,274,992 13,200,071 486,468 377,846 14,761,460 13,577,917 23,534,507 22,041,090 724,620 564,789 24,259,127 22,605,879

Total market value 31,174,144 27,952,182 1,877,945 1,416,783 33,052,089 29,368,965

Decrease (increase) over historic al c ost (2,737,034) (4,493,672) (67,627) (50,409) (2,804,662) (4,544,080) Cost 28,437,109 23,458,510 1,810,318 1,366,374 30,247,427 24,824,885

The funds listed in the above summary as Managed Funds are comprised of the follow individual funds:

Project Fund Maintenance Fund Endowment Fund 2017 2016 2017 2016 2017 2016 2017 2016 $ $ $$ $ $$$ Cash and cash equivalents 7,639,637 5,911,092 - - - - 7,639,637 5,911,092 7,639,637 5,911,092 - - - - 7,639,637 5,911,092 Investments - - Money market fund and T-bill securities 1,787,057 1,722,356 - - 105,024 103,972 1,892,081 1,826,328 Bond pooled fund and fixed income securities 3,375,411 3,161,456 782,871 735,696 3,209,152 3,117,539 7,367,434 7,014,691 Balanced pooled fund 981,668 887,303 2,613,260 2,213,603 10,680,064 10,099,165 14,274,992 13,200,071 6,144,136 5,771,115 3,396,131 2,949,299 13,994,240 13,320,676 23,534,507 22,041,090 - - Total market value 13,783,773 11,682,207 3,396,131 2,949,299 13,994,240 13,320,676 31,174,144 27,952,182 - - Decrease (increase) over historic al c ost (260,227) (2,299,896) (435,342) (354,142) (2,041,465) (1,839,634) (2,737,034) (4,493,672) Cost 13,523,546 9,382,311 2,960,789 2,595,157 11,952,775 11,481,042 28,437,109 23,458,510 

ϭϰ

46 PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT dŚĞWĂƌŬƐ&ŽƵŶĚĂƚŝŽŶ͕ĂůŐĂƌLJ EŽƚĞƐƚŽ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐ &ŽƌƚŚĞLJĞĂƌĞŶĚŝŶŐĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ

ϱ DƵůƚŝͲLJĞĂƌ^ƉŽŶƐŽƌƐŚŝƉŽŵŵŝƚŵĞŶƚƐ

dŚĞƌĞĂƌĞŵƵůƚŝͲLJĞĂƌĐŽŵŵŝƚŵĞŶƚƐĨƌŽŵǀĂƌŝŽƵƐĚŽŶŽƌƐĨŽƌƚŚĞZŽƚĂƌLJͬDĂƚƚĂŵLJ'ƌĞĞŶǁĂLJ;͞'ƌĞĞŶǁĂLJ͟ͿƉƌŽũĞĐƚ͘dŚĞƐĞ ƐƉŽŶƐŽƌƐŚŝƉĐŽŵŵŝƚŵĞŶƚƐĂƌĞŶŽƚƌĞĐŽƌĚĞĚĂƐƉůĞĚŐĞƐƌĞĐĞŝǀĂďůĞĂƐƚŚĞLJĂƌĞƉƌŽǀŝĚĞĚĂƐĐŽŵŵŝƚŵĞŶƚƐƚŽƚŚĞ &ŽƵŶĚĂƚŝŽŶ͕ǁŚŝĐŚĂƌĞƌĞǀŽĐĂďůĞ͕ďĞƐƚĞĨĨŽƌƚƐ͕ŽƌĐŽŶƐƚƌƵĐƚŝŽŶŽĨƐƉŽŶƐŽƌĞĚƐŝƚĞƐƚŚĂƚǁŝůůďĞĐŽŵƉůĞƚĞĚŝŶƐƵďƐĞƋƵĞŶƚ LJĞĂƌƐ͘

ϲ ƵĞƚŽ;ĨƌŽŵͿ&ƵŶĚƐ

dŚĞĂĐĐƵŵƵůĂƚĞĚŶĞƚŝŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞŽĨΨϳϬϰ͕ϴϬϴ;ϮϬϭϲͲΨϳϮϲ͕ϳϮϰͿŽĨƚŚĞZĞƉƐŽůKƉĞƌĂƚŝŶŐ&ƵŶĚŝƐŽǁĞĚƚŽƚŚĞ ZĞƉƐŽůWƌŽũĞĐƚ&ƵŶĚ͘dŚĞŶĞƚŝŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞĞdžĐůƵĚĞƐƚŚĞĨĂŝƌǀĂůƵĞĂĚũƵƐƚŵĞŶƚƐĞĂƌŶĞĚďLJƚŚĞZĞƉƐŽůŶĚŽǁŵĞŶƚ ĂƉŝƚĂů&ƵŶĚ͘

dŚĞ&ŽƵŶĚĂƚŝŽŶƚƌĂŶƐĨĞƌƌĞĚΨϯϬ͕ϬϬϬŝŶϮϬϭϰĨƌŽŵƚŚĞWĂƌƚŶĞƌWĂƌŬƐŶĚŽǁŵĞŶƚ&ƵŶĚƚŽƚŚĞŝŽͲŶĞƌŐLJWƌŽũĞĐƚĂƐĂ ƌĞƉĂLJĂďůĞůŽĂŶĂƉƉƌŽǀĞĚďLJƚŚĞŽĂƌĚŽĨ'ŽǀĞƌŶŽƌƐ͘dŚĞůŽĂŶǁĂƐĚĞƚĞƌŵŝŶĞĚƚŽďĞƵŶĐŽůůĞĐƚĂďůĞĂŶĚĨŽƌŐŝǀĞŶĂƐĂƚ ĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ͘

/ŶϮϬϭϳ͕ŵĂŶĂŐĞŵĞŶƚĨĞĞƐĨŽƌƚŚĞƚŚƌĞĞŵŽŶƚŚƐĞŶĚĞĚĞĐĞŵďĞƌϯϭǁĞƌĞĂĐĐƌƵĞĚĨŽƌƚŚĞ'ƌĞĞŶǁĂLJƉƌŽũĞĐƚĂŶĚƚŚĞ ďĞŶĐŚƉƌŽŐƌĂŵŝŶƚŚĞĂŵŽƵŶƚƐŽĨΨϰϴ͕ϯϯϴĂŶĚΨϭϲ͕ϴϬϬƌĞƐƉĞĐƚŝǀĞůLJ;ϮϬϭϲͲΨϲϴ͕ϬϲϯĂŶĚΨϯϴ͕ϰϬϬƌĞƐƉĞĐƚŝǀĞůLJͿ͘

/ŶϮϬϭϳ͕ŵĂŶĂŐĞŵĞŶƚĨĞĞƐĨŽƌƚŚĞƚŚƌĞĞŵŽŶƚŚƐĞŶĚĞĚĞĐĞŵďĞƌϯϭǁĞƌĞĂĐĐƌƵĞĚĨŽƌƚŚĞ^ĂĚĚůĞĚŽŵĞ&ƵŶĚŝŶƚŚĞ ĂŵŽƵŶƚŽĨΨϲ͕ϬϬϬ;ϮϬϭϲʹΨϵ͕ϬϬϬͿ͘

/ŶϮϬϭϳ͕ƚŚĞƉŽƌƚŝŽŶŽĨĨƵŶĚƐĐŽůůĞĐƚĞĚĨƌŽŵƐĂůĞŽĨďĞŶĐŚĞƐĨŽƌŽŶŐŽŝŶŐŵĂŝŶƚĞŶĂŶĐĞŶĞƚŽĨƚŚĞĐƵƌƌĞŶƚLJĞĂƌƐĞdžƉĞŶƐĞƐ ĨŽƌƚŚĞϭϮŵŽŶƚŚƐĞŶĚĞĚĞĐĞŵďĞƌϯϭǁĞƌĞĂĐĐƌƵĞĚĨŽƌƚŚĞĞŶĐŚDĂŝŶƚĞŶĂŶĐĞZĞƐĞƌǀĞ&ƵŶĚŝŶƚŚĞĂŵŽƵŶƚŽĨΨϱ͕ϰϱϴ ;ϮϬϭϲʹΨϲϯ͕ϮϲϭͿ͘

/ŶϮϬϭϳ͕ĂϭϬйƉŽƌƚŝŽŶŽĨĂůůĨƵŶĚƐĚŽŶĂƚĞĚƚŽƚŚĞZŽƚĂƌLJͲDĂƚƚĂŵLJ'ƌĞĞŶǁĂLJǁĞƌĞĂůůŽĐĂƚĞĚƚŽĂŵĂŝŶƚĞŶĂŶĐĞƌĞƐĞƌǀĞ ŝŶƚŚĞĂŵŽƵŶƚŽĨΨϯϵϭ͕Ϭϰϳ;ϮϬϭϲʹΨϮϳϳ͕ϮϳϭͿ͘

/ŶϮϬϭϳ͕ƚŚĞKƉĞƌĂƚŝŶŐ&ƵŶĚǁĂƐĞŶƚŝƚůĞĚƚŽĂƉŽƌƚŝŽŶŽĨŝŶǀĞƐƚŵĞŶƚĞĂƌŶŝŶŐƐĨƌŽŵƚŚĞKƉĞƌĂƚŝŶŐŶĚŽǁŵĞŶƚ&ƵŶĚĂƐ ĐĂůĐƵůĂƚĞĚƵƐŝŶŐĂĚĞĨŝŶĞĚŵĞƚŚŽĚƉĞƌƚŚĞDĞŵŽƌĂŶĚƵŵŽĨŐƌĞĞŵĞŶƚďĞƚǁĞĞŶƚŚĞŝƚLJŽĨĂůŐĂƌLJĂŶĚW&͘dŚĞ ĐĂůĐƵůĂƚĞĚƚƌĂŶƐĨĞƌĚƵĞǁĂƐΨϭϰϮ͕ϮϮϳ͘ƐĂƚĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ͕ΨϵϬ͕ϬϬϬŚĂĚďĞĞŶƚƌĂŶƐĨĞƌƌĞĚƚŽƚŚĞKƉĞƌĂƚŝŶŐ&ƵŶĚ ǁŚŝĐŚůĞĨƚĂƌĞƐŝĚƵĂůďĂůĂŶĐĞĚƵĞŽĨΨϱϮ͕ϮϮϳ͘

/ŶϮϬϭϳ͕ŝŶƚŚĞŶŽƌŵĂůĐŽƵƌƐĞŽĨƌĞĐĞŝǀŝŶŐĚŽŶĂƚŝŽŶƐĨƌŽŵŽƵƚƐŝĚĞƉĂƌƚŝĞƐ͕Ψϱ͕ϬϭϮŽĨĚĞƉŽƐŝƚƐǁĞƌĞƌĞĐĞŝǀĞĚŝŶƚŚĞ KƉĞƌĂƚŝŶŐ&ƵŶĚĂĐĐŽƵŶƚƐƚŚĂƚǁĞƌĞĨŽƌƚŚĞWƌŽũĞĐƚ&ƵŶĚĂĐĐŽƵŶƚƐ͘

 

ϭϱ

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT 47 dŚĞWĂƌŬƐ&ŽƵŶĚĂƚŝŽŶ͕ĂůŐĂƌLJ EŽƚĞƐƚŽ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐ &ŽƌƚŚĞLJĞĂƌĞŶĚŝŶŐĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ

ϳ ĂƉŝƚĂůƐƐĞƚƐ

ĂƉŝƚĂůĂƐƐĞƚƐĂƌĞĐŽŵƉƌŝƐĞĚŽĨƚŚĞĨŽůůŽǁŝŶŐ͗

ƐĂƚĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ ĐĐƵŵƵůĂƚĞĚ EĞƚŽŽŬ ŽƐƚ ŵŽƌƚŝnjĂƚŝŽŶ sĂůƵĞ ΨΨΨ KĨĨŝĐĞĞƋƵŝƉŵĞŶƚ ϭϴ͕ϭϱϮ  ϳ͕ϱϱϲ ϭϬ͕ϱϵϲ &ƵƌŶŝƚƵƌĞĂŶĚĨŝdžƚƵƌĞƐ Ϯϵ͕Ϯϲϲ  Ϯϳ͕ϬϱϬ Ϯ͕Ϯϭϲ >ĞĂƐĞŚŽůĚŝŵƉƌŽǀĞŵĞŶƚƐ ϯϮϮ͕Ϭϰϭ  Ϯϱϯ͕ϰϭϰ ϲϴ͕ϲϮϳ ŽŵƉƵƚĞƌƐ ϰϴ͕ϱϱϰ  Ϯϴ͕Ϯϭϱ ϮϬ͕ϯϯϵ ƌƚǁŽƌŬ ϱ͕Ϭϰϵ  Ͳ ϱ͕Ϭϰϵ ϰϮϯ͕ϬϲϮ  ϯϭϲ͕Ϯϯϱ  ϭϬϲ͕ϴϮϳ

ƐĂƚĞĐĞŵďĞƌϯϬ͕ϮϬϭϲ ĐĐƵŵƵůĂƚĞĚ EĞƚŽŽŬ ŽƐƚ ŵŽƌƚŝnjĂƚŝŽŶ sĂůƵĞ ΨΨΨ KĨĨŝĐĞĞƋƵŝƉŵĞŶƚ ϭϯϯ͕ϬϵϬ  ϭϭϲ͕ϬϲϮ ϭϳ͕ϬϮϴ &ƵƌŶŝƚƵƌĞĂŶĚĨŝdžƚƵƌĞƐ Ϯϰ͕ϳϯϬ  Ϯϰ͕ϲϭϲ ϭϭϰ >ĞĂƐĞŚŽůĚŝŵƉƌŽǀĞŵĞŶƚƐ ϯϮϮ͕ϮϬϯ  Ϯϰϲ͕ϰϭϲ ϳϱ͕ϳϴϳ ŽŵƉƵƚĞƌƐ ϯϭ͕ϱϯϳ  ϳ͕ϴϴϰ Ϯϯ͕ϲϱϯ ƌƚǁŽƌŬ Ϯ͕ϴϬϬ  Ͳ Ϯ͕ϴϬϬ ϱϭϰ͕ϯϲϬ  ϯϵϰ͕ϵϳϴ  ϭϭϵ͕ϯϴϮ 

ϴ 'ƌĞĞŶǁĂLJƌĞĚŝƚ&ĂĐŝůŝƚLJ

dŚŝƐůŝŶĞŽĨĐƌĞĚŝƚďĞĂƌƐŝŶƚĞƌĞƐƚĂƚƉƌŝŵĞƉůƵƐϬ͘ϱйĂŶĚŝƐƐĞĐƵƌĞĚďLJĂŶĞŶĐƵŵďƌĂŶĐĞƵƉŽŶƚŚĞWĂƌƚŶĞƌWĂƌŬƐ ŶĚŽǁŵĞŶƚ&ƵŶĚĂĚŵŝŶŝƐƚĞƌĞĚďLJƚŚĞƉŽƌƚĨŽůŝŽŵĂŶĂŐĞƌƵƉƚŽĂŵĂdžŝŵƵŵŽĨΨϭ͕ϬϬϬ͕ϬϬϬ͕ĂŶĚŝƐƉĂLJĂďůĞŽŶĚĞŵĂŶĚ͘Ɛ ĂƚĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ͕ΨŶŝůǁĂƐĚƌĂǁŶĨƌŽŵƚŚĞĐƌĞĚŝƚĨĂĐŝůŝƚLJ;ϮϬϭϲʹΨŶŝůͿ͘

ϭϲ

48 PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT dŚĞWĂƌŬƐ&ŽƵŶĚĂƚŝŽŶ͕ĂůŐĂƌLJ EŽƚĞƐƚŽ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐ &ŽƌƚŚĞLJĞĂƌĞŶĚŝŶŐĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ

ϵ &ƵŶĚĂůĂŶĐĞƐ

ĂͿ  WƌŽũĞĐƚ&ƵŶĚ

dŚĞWƌŽũĞĐƚ&ƵŶĚĐŽŵƉƌŝƐĞƐƚŚĞĨƵŶĚďĂůĂŶĐĞƐŽĨƚŚĞĨŽůůŽǁŝŶŐƉƌŽũĞĐƚƐƵŶĚĞƌĂĚŵŝŶŝƐƚƌĂƚŝŽŶ͗

ƐĂƚĞĐĞŵďĞƌϯϭ͕ ϮϬϭϳ ϮϬϭϲ ΨΨ ZŽƚĂƌLJͬDĂƚƚĂŵLJ'ƌĞĞŶǁĂLJ ϰ͕ϭϳϰ͕ϵϴϰ  Ϯ͕ϱϭϳ͕ϲϳϱ ŽŶŶĂƵŐŚƚŽŵŵƵŶŝƚLJWĂƌŬ ϰϭϲ͕ϭϰϳ  ϰϭϴ͕ϭϰϯ WĂƌƚŶĞƌWĂƌŬƐĚŵŝŶŝƐƚƌĂƚŝŽŶ&ĞĞ'ƌĂŶƚŝŶŐ&ƵŶĚ ϭϲϯ͕ϲϰϯ  Ϯϲϯ͕ϱϬϳ ƵŝůĚŝŶŐWůĂLJŐƌŽƵŶĚƐĂŶĚŽŵŵƵŶŝƚŝĞƐ ϭϮϮ͕ϭϵϯ  ϭϲϱ͕ϱϱϬ ĂŶĂĚĂϭϱϬǀĞŶƚ ;ϭϰ͕ϯϴϵͿ  ϴϬ͕ϱϬϬ ĞŶĐŚĞĚŝĐĂƚŝŽŶWƌŽŐƌĂŵ Ϯϳϲ͕ϬϬϴ  Ϯϵϴ͕ϴϯϮ sĂƌŝŽƵƐŽƚŚĞƌĨŽƵŶĚĂƚŝŽŶƉƌŽũĞĐƚ ϭϴϵ͕ϴϬϳ  ϭϵϴ͕ϭϵϭ ^ĂĚĚůĞĚŽŵĞ&ƵŶĚ;ŵĂƚĞƵƌ^ƉŽƌƚ'ƌĂŶƚŝŶŐWƌŽŐƌĂŵͿ ϭ͕ϵϭϱ͕ϲϵϵ  ϭ͕ϴϯϭ͕ϰϱϱ <ŽŵŵƵŶŝƚLJĞŶƚƌĞ ϭ͕ϭϲϮ͕ϬϬϬ  Ϯϲϯ͕ϵϬϱ ZĞƉƐŽůĐĐĞƐƐĚǀĂŶƚĂŐĞ&ƵŶĚͲŝƐƚƌŝďƵƚŝŽŶĐĐŽƵŶƚ ϳϱϯ͕ϵϲϮ  ϳϳϲ͕ϲϮϬ :ŽŚŶƵƌƌŝĞŶĚŽǁŵĞŶƚ&ƵŶĚ ϲϴϴ͕ϴϮϭ  ϲϴϱ͕ϳϭϲ ĂǀŝĚZŝĐŚĂƌĚƐŽŶŝƐĐ'ŽůĨWĂƌŬ ϯϳϳ͕Ϭϳϵ  ϮϳϮ͕ϭϬϵ ZĂŵƐĂLJŽŵŵƵŶŝƚLJZŝŶŬ ϵϱ͕ϳϭϯ  ϯϲ͕ϲϲϰ ZŝǀĞƌĚĂůĞǀĞŶƵĞ>ŝŐŚƚŝŶŐ ϴϵ͕ϵϴϯ  ϴϵ͕ϵϴϯ ĂůŐĂƌLJŽŵŵƵŶŝƚLJƌŝĚŐĞ>ĞĂŐƵĞ ϭϰϭ͕ϭϰϱ  ϭϰϭ͕ϭϰϱ ,ĂLJƐďŽƌŽŽŵŵƵŶŝƚLJWĂƌŬͲWŚĂƐĞϮ ϲϭ͕ϭϯϭ  Ͳ DŝůůƐWĂƌŬ/E'Ϭϭϯ ϭϰϴ͕ϱϴϬ  ϭϮϴ͕ϱϰϯ /ŶŐůĞǁŽŽĚŝƌĚ^ĂŶĐƚƵĂƌLJ ϱϰ͕ϰϰϱ  ϱϰ͕ϰϰϱ 'ĞƌƌLJ^ŚĂǁ'ĂƌĚĞŶƐ ϵϴ͕ϳϰϬ  ϵϭ͕ϰϳϲ ^ĐŝŵŝƚĂƌtĞƐƚĐŚĞƐƚĞƌWůĂLJŐƌŽƵŶĚ ϱϰ͕ϭϱϲ  ϰϳϯ ^ƚĂŶůĞLJWĂƌŬŝĂŵŽŶĚhƉŐƌĂĚĞ Ϯϱϯ  ϰϲϰ͕ϯϲϮ sĂƌŝŽƵƐŽƚŚĞƌĐŽŵŵƵŶŝƚLJƉƌŽũĞĐƚƐ ϳϴϬ͕ϭϵϵ  ϭ͕ϭϵϯ͕ϲϲϴ WƌŽũĞĐƚŵĂŝŶƚĞŶĂŶĐĞ ϭ͕ϱϳϱ͕ϴϬϵ  ϭ͕ϯϯϲ͕ϴϴϵ

ϭϯ͕ϯϮϲ͕ϭϬϴ  ϭϭ͕ϯϬϵ͕ϴϱϭ

dŚĞƉƌŽũĞĐƚŵĂŝŶƚĞŶĂŶĐĞďĂůĂŶĐĞƌĞƉƌĞƐĞŶƚƐƚŚĞŶĞƚŝŶƚĞƌĞƐƚŝŶĐŽŵĞŽĨƚŚĞWĂƌƚŶĞƌWĂƌŬƐŶĚŽǁŵĞŶƚWŽƌƚĨŽůŝŽ͘dŚĞ ƉƌŽũĞĐƚĨƵŶĚƌĞƉƌĞƐĞŶƚƐƚŚĞŶĞƚĂƐƐĞƚƐŽĨƚŚĞĨƵŶĚƚŽŽƉĞƌĂƚĞƚŚĞ&ŽƵŶĚĂƚŝŽŶ͛ƐǀĂƌŝŽƵƐƉƌŽũĞĐƚƐĂŶĚƉƌŽŐƌĂŵƐ͘

ĐĐŽƌĚŝŶŐƚŽƚŚĞĨƵŶĚŝŶŐĂŐƌĞĞŵĞŶƚďĞƚǁĞĞŶdŚĞŝƚLJŽĨĂůŐĂƌLJĂŶĚƚŚĞ&ŽƵŶĚĂƚŝŽŶ͕ƚŚĞĨƵŶĚďĂůĂŶĐĞŵĂŝŶƚĂŝŶĞĚ ŝŶƚŚĞ^ĂĚĚůĞĚŽŵĞŵĂƚĞƵƌ^ƉŽƌƚ&ƵŶĚƐŚĂůůŶŽƚďĞƉĞƌŵŝƚƚĞĚƚŽĚƌŽƉďĞůŽǁΨϱϬϬ͕ϬϬϬ͘ƐƉĞƌĂďŽǀĞ͕ƚŚŝƐĨƵŶĚ ďĂůĂŶĐĞƐŝŐŶŝĨŝĐĂŶƚůLJĞdžĐĞĞĚƐƚŚŝƐŵŝŶŝŵƵŵ͘

ĞƌƚĂŝŶĂĐĐŽƵŶƚƐǁŝƚŚŝŶƚŚŝƐĨƵŶĚĂƌĞŝŶƚĞƌŶĂůůLJƌĞƐƚƌŝĐƚĞĚŐŝǀĞŶƚŚĂƚƚŚĞĚŝƐƉŽƐŝƚŝŽŶŽĨƚŚĞĨƵŶĚŝƐĂƚƚŚĞĚŝƐĐƌĞƚŝŽŶ ŽĨƚŚĞŽĂƌĚ͘





ϭϳ

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT 49 dŚĞWĂƌŬƐ&ŽƵŶĚĂƚŝŽŶ͕ĂůŐĂƌLJ EŽƚĞƐƚŽ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐ &ŽƌƚŚĞLJĞĂƌĞŶĚŝŶŐĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ

ďͿ ŶĚŽǁŵĞŶƚ&ƵŶĚ

ŶĚŽǁŵĞŶƚ&ƵŶĚĐŽŵƉƌŝƐĞƐƚŚĞĨƵŶĚďĂůĂŶĐĞƐŽĨƚŚĞĞŶĚŽǁŵĞŶƚƉƌŽũĞĐƚƐƵŶĚĞƌĂĚŵŝŶŝƐƚƌĂƚŝŽŶ͗

ƐĂƚĞĐĞŵďĞƌϯϭ͕ ϮϬϭϳ ϮϬϭϲ ΨΨ ZĞƉƐŽůĐĐĞƐƐĚǀĂŶƚĂŐĞŶĚŽǁŵĞŶƚ&ƵŶĚ ϯ͕ϱϵϮ͕ϮϬϬ  ϯ͕ϰϭϴ͕ϳϯϴ KƉĞƌĂƚŝŶŐŶĚŽǁŵĞŶƚ&ƵŶĚ Ϯ͕ϴϴϲ͕Ϭϭϰ  Ϯ͕ϴϭϮ͕ϴϴϬ WĂƌƚŶĞƌWĂƌŬƐŶĚŽǁŵĞŶƚ&ƵŶĚ Ϯ͕ϳϴϭ͕Ϯϳϲ  Ϯ͕ϳϮϬ͕ϱϯϴ ƌƚ^ŵŝƚŚŵĂƚĞƵƌ^ƉŽƌƚŶĚŽǁŵĞŶƚ Ϯ͕ϲϵϳ͕ϳϴϳ  Ϯ͕ϲϱϰ͕ϵϴϲ DĂƌŝŽ^ƚĞůůĂƐƚĂƚĞ&ƵŶĚ ϭ͕ϮϬϲ͕ϭϱϲ  ϳϬϵ͕ϰϯϰ ƵŝůĚŝŶŐŽŵŵƵŶŝƚŝĞƐ&ƵŶĚ Ϯϳϴ͕ϱϲϯ  ϰϵϳ͕ϯϱϴ WŽůŝĐĞΘ&ŝƌĞŶĚŽǁŵĞŶƚ&ƵŶĚ ϭϳϳ͕ϭϬϬ  ϭϳϯ͕ϰϱϬ ,ĞƌŝƚĂŐĞƐĐĂƌƉŵĞŶƚŶĚŽǁŵĞŶƚ&ƵŶĚ ϭϰϱ͕ϱϱϴ  ϭϰϮ͕ϬϮϬ >ĞŐŝŽŶdƌĞĞŶĚŽǁŵĞŶƚ&ƵŶĚ ϳϮ͕ϯϰϯ  ϳϬ͕ϵϵϬ WĂƚƚĞƌƐŽŶ,ŽŵĞƐƚĞĂĚWĂƌŬ ϲϯ͕ϵϱϱ  ϲϯ͕ϰϱϱ :ĂĐŬ>ĞƐůŝĞzŽƵƚŚŶǀŝƌŽŶŵĞŶƚǁĂƌĚ ϰϭ͕ϯϬϬ  Ϯϳ͕Ϭϵϰ ϭϯ͕ϵϰϮ͕ϮϱϮ  ϭϯ͕ϮϵϬ͕ϵϰϯ 

/ŶϮϬϭϳ͕Ψϲϲϵ͕ϴϬϮ;ϮϬϭϲͲΨϱϴϯ͕ϳϬϮͿŽĨŝŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞĞĂƌŶĞĚŽŶƚŚĞŶĚŽǁŵĞŶƚĂƉŝƚĂů&ƵŶĚŝƐƌĞƉŽƌƚĞĚ ƵŶĚĞƌƚŚĞWƌŽũĞĐƚ&ƵŶĚ͘

ĐͿ DĂŝŶƚĞŶĂŶĐĞ&ƵŶĚ

dŚĞDĂŝŶƚĞŶĂŶĐĞ&ƵŶĚĐŽŵƉƌŝƐĞƐƚŚĞĨƵŶĚďĂůĂŶĐĞƐŽĨƌĞƐĞƌǀĞƐŚĞůĚĨŽƌƚŚĞŵĂŝŶƚĞŶĂŶĐĞŽĨƐƉĞĐŝĨŝĐ&ŽƵŶĚĂƚŝŽŶ ƉƌŽũĞĐƚƐ.

ƐĂƚĞĐĞŵďĞƌϯϭ͕ ϮϬϭϳ ϮϬϭϲ ΨΨ ZŽƚĂƌLJͬDĂƚƚĂŵLJ'ƌĞĞŶǁĂLJZĞƐĞƌǀĞ&ƵŶĚ ϯ͕Ϯϰϵ͕ϲϵϮ  Ϯ͕ϳϳϭ͕ϯϭϰ ĞŶĐŚZĞƐĞƌǀĞ&ƵŶĚ ϱϰϮ͕ϵϰϰ  ϱϭϴ͕ϱϭϳ ϯ͕ϳϵϮ͕ϲϯϲ  ϯ͕Ϯϴϵ͕ϴϯϭ

/ŶϮϬϭϳ͕Ψϭϴϲ͕ϭϬϯ;ϮϬϭϲͲΨϭϮϴ͕ϭϳϱͿŽĨŝŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞĞĂƌŶĞĚŽŶƚŚĞDĂŝŶƚĞŶĂŶĐĞ&ƵŶĚŝƐƌĞƉŽƌƚĞĚƵŶĚĞƌƚŚĞ WƌŽũĞĐƚ&ƵŶĚ͘

ϭϴ

50 PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT dŚĞWĂƌŬƐ&ŽƵŶĚĂƚŝŽŶ͕ĂůŐĂƌLJ EŽƚĞƐƚŽ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐ &ŽƌƚŚĞLJĞĂƌĞŶĚŝŶŐĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ

ĚͿ KƉĞƌĂƚŝŶŐ&ƵŶĚ

dŚĞKƉĞƌĂƚŝŶŐ&ƵŶĚĐŽŵƉƌŝƐĞƐƚŚĞĨƵŶĚďĂůĂŶĐĞƐĨŽƌƉƌŽũĞĐƚŵĂŝŶƚĞŶĂŶĐĞ͕ĂĚŵŝŶŝƐƚƌĂƚŝŽŶĂŶĚŽƉĞƌĂƚŝŶŐĨŝƐĐĂů ƐƚĂďŝůŝƚLJƌĞƐĞƌǀĞĨƵŶĚ͘

ƐĂƚĞĐĞŵďĞƌϯϭ͕ ϮϬϭϳ ϮϬϭϲ ΨΨ ĚŵŝŶŝƐƚƌĂƚŝŽŶͲŽƚŚĞƌƚŚĂŶĐĂƉŝƚĂůĂƐƐĞƚƐ ϭ͕ϯϬϬ͕ϮϬϭ  ϵϲϰ͕ϯϵϬ ĚŵŝŶŝƐƚƌĂƚŝŽŶͲĐĂƉŝƚĂůĂƐƐĞƚƐ ϭϬϲ͕ϴϮϳ  ϭϭϵ͕ϯϴϮ KƉĞƌĂƚŝŶŐ&ŝƐĐĂů^ƚĂďŝůŝƚLJZĞƐĞƌǀĞ&ƵŶĚ ϴϯϯ͕ϰϮϮ  ϲϳϮ͕ϰϵϲ Ϯ͕ϮϰϬ͕ϰϱϬ  ϭ͕ϳϱϲ͕Ϯϲϴ KƉĞƌĂƚŝŶŐ&ŝƐĐĂů^ƚĂďŝůŝƚLJZĞƐĞƌǀĞ&ƵŶĚ ĞŐŝŶŶŝŶŐďĂůĂŶĐĞ ϲϳϮ͕ϰϵϲ  ϲϲϭ͕ϵϲϬ /ŶǀĞƐƚŵĞŶƚŝŶĐŽŵĞ ϰϬ͕ϯϯϱ  Ϯϵ͕ϮϬϮ ĚũƵƐƚŵĞŶƚĨŽƌĨĂŝƌŵĂƌŬĞƚǀĂůƵĞ ϮϬ͕ϱϵϭ  ;ϭϴ͕ϲϲϲͿ dƌĂŶƐĨĞƌĨƌŽŵKƉĞƌĂƚŝŶŐĚŵŝŶŝƐƚƌĂƚŝŽŶƐƵƌƉůƵƐ  ϭϬϬ͕ϬϬϬ  Ͳ dŽƚĂů ϴϯϯ͕ϰϮϮ  ϲϳϮ͕ϰϵϲ 

dŚĞKƉĞƌĂƚŝŶŐ&ŝƐĐĂů^ƚĂďŝůŝƚLJZĞƐĞƌǀĞ&ƵŶĚǁĂƐĐƌĞĂƚĞĚĨŽůůŽǁŝŶŐĂŵŽƚŝŽŶƉĂƐƐĞĚďLJƚŚĞŽĂƌĚŽĨ'ŽǀĞƌŶŽƌƐŽŶ ^ĞƉƚĞŵďĞƌϯϬ͕ϮϬϭϬ͕ǁŝƚŚĂŶŝŶŝƚŝĂůĂŵŽƵŶƚƚƌĂŶƐĨĞƌƌĞĚĨƌŽŵƚŚĞ'ƌĞĞŶŝŶŐĂ'ƌĞĂƚŝƚLJ>ĞŐĂĐLJĐĂŵƉĂŝŐŶƌĞƐŝĚƵĂů ĨƵŶĚ͘dŚĞĂŵŽƵŶƚƚŽďĞŝŶƚĞƌŶĂůůLJƌĞƐƚƌŝĐƚĞĚĞĂĐŚLJĞĂƌŝƐĂƚƚŚĞĚŝƐĐƌĞƚŝŽŶŽĨƚŚĞŽĂƌĚ͘

/ŶϮϬϭϳ͕ƚŚĞŽĂƌĚĂƉƉƌŽǀĞĚƚŚĞƚƌĂŶƐĨĞƌŽĨΨϭϬϬ͕ϬϬϬĨƌŽŵƚŚĞKƉĞƌĂƚŝŶŐĚŵŝŶŝƐƚƌĂƚŝŽŶƐƵƌƉůƵƐƚŽƚŚĞŝŶƚĞƌŶĂůůLJ ƌĞƐƚƌŝĐƚĞĚKƉĞƌĂƚŝŶŐ&ŝƐĐĂů^ƚĂďŝůŝƚLJZĞƐĞƌǀĞ&ƵŶĚ͘ƵƌŝŶŐϮϬϭϰƚŽϮϬϭϲ͕ŶŽƐŝŵŝůĂƌƚƌĂŶƐĨĞƌǁĂƐŵĂĚĞƚŽƚŚŝƐĨƵŶĚ͘/Ŷ ƚŚĞĞǀĞŶƚŽĨĂĚĞĨŝĐŝƚŝŶKƉĞƌĂƚŝŶŐĚŵŝŶŝƐƚƌĂƚŝŽŶ͕ƚŚĞKƉĞƌĂƚŝŶŐ&ŝƐĐĂů^ƚĂďŝůŝƚLJZĞƐĞƌǀĞ&ƵŶĚĐĂŶďĞŵĂĚĞĂǀĂŝůĂďůĞ ĨŽƌŽƉĞƌĂƚŝŶŐĂĚŵŝŶŝƐƚƌĂƚŝŽŶďLJĂƉƉƌŽǀĂůŽĨƚŚĞdžĞĐƵƚŝǀĞĂŶĚƚŚĞŽĂƌĚ͘

ϭϬ DĞŵďĞƌƐ͛>ŝŵŝƚĞĚ>ŝĂďŝůŝƚLJ

dŚĞůŝĂďŝůŝƚLJŽĨƚŚĞŵĞŵďĞƌƐŝƐůŝŵŝƚĞĚƚŽƚŚĞŐƵĂƌĂŶƚĞĞŐŝǀĞŶďLJĞĂĐŚŵĞŵďĞƌƚŽĐŽŶƚƌŝďƵƚĞĂŵĂdžŝŵƵŵŽĨΨϭŝŶƚŚĞ ĞǀĞŶƚƚŚĞ&ŽƵŶĚĂƚŝŽŶŝƐǁŽƵŶĚͲƵƉ͘

ϭϭ ŽŶƚƌŝďƵƚŝŽŶƐďLJ^ŽƵƌĐĞ

ƵƌŝŶŐƚŚĞLJĞĂƌƐĞŶĚŝŶŐĞĐĞŵďĞƌϯϭ͕ĐŽŶƚƌŝďƵƚŝŽŶƐǁĞƌĞƌĞĐĞŝǀĞĚĨƌŽŵƚŚĞĨŽůůŽǁŝŶŐƐŽƵƌĐĞƐ͗

ϮϬϭϳ ϮϬϭϲ ΨΨ 'ŽǀĞƌŶŵĞŶƚ ϱ͕ϬϯϬ͕ϳϮϳ  ϭ͕ϰϰϮ͕Ϭϲϯ ŽƌƉŽƌĂƚŝŽŶƐ ϰϴϱ͕ϴϯϰ  ϳϳϬ͕Ϭϵϲ /ŶĚŝǀŝĚƵĂůƐ Ϯ͕ϲϮϳ͕ϴϱϱ  ϯ͕ϲϱϱ͕ϬϮϭ KƚŚĞƌŶŽƚͲĨŽƌͲƉƌŽĨŝƚ ϰ͕ϭϱϳ͕ϭϴϴ  Ϯ͕ϱϮϭ͕ϳϳϭ ϭϮ͕ϯϬϭ͕ϲϬϰ  ϴ͕ϯϴϴ͕ϵϱϭ 

ϭϵ

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT 51 dŚĞWĂƌŬƐ&ŽƵŶĚĂƚŝŽŶ͕ĂůŐĂƌLJ EŽƚĞƐƚŽ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐ &ŽƌƚŚĞLJĞĂƌĞŶĚŝŶŐĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ

ϭϮ ZĞůĂƚĞĚWĂƌƚLJdƌĂŶƐĂĐƚŝŽŶƐ ZĞůĂƚĞĚƉĂƌƚLJďĂůĂŶĐĞƐĂŶĚƚƌĂŶƐĂĐƚŝŽŶƐŶŽƚŽƚŚĞƌǁŝƐĞĚŝƐĐůŽƐĞĚŝŶƚŚĞƐĞĨŝŶĂŶĐŝĂůƐƚĂƚĞŵĞŶƚƐĐŽŶƐŝƐƚŽĨ͗

ĂͿ >ĞŐĂůĨĞĞƐŽĨΨϵ͕ϴϬϬ;ϮϬϭϲʹΨϱϬ͕ϵϴϱͿǁĞƌĞƉĂŝĚƚŽĂĐŽƌƉŽƌĂƚŝŽŶƌĞůĂƚĞĚƚŽĂĚŝƌĞĐƚŽƌŽĨƚŚĞ&ŽƵŶĚĂƚŝŽŶ͕ǁŝƚŚ ƌĞŐĂƌĚƚŽĂŶĞƐƚĂƚĞĚŽŶĂƚŝŽŶƚŽďĞĐŽŶƚƌŝďƵƚĞĚƚŽĂŶŶĚŽǁŵĞŶƚ&ƵŶĚǁŝƚŚƚŚĞ&ŽƵŶĚĂƚŝŽŶ͘

ďͿ /ŶƐƵƌĂŶĐĞƉŽůŝĐŝĞƐĂŵŽƵŶƚŝŶŐƚŽΨϭϲ͕Ϭϴϰ;ϮϬϭϲͲΨϭϱ͕ϭϭϰͿǁĞƌĞďƌŽŬĞƌĞĚƚŚƌŽƵŐŚĂĐŽƌƉŽƌĂƚŝŽŶƌĞůĂƚĞĚƚŽĂ ĚŝƌĞĐƚŽƌŽĨƚŚĞ&ŽƵŶĚĂƚŝŽŶ͘dŚĞƉŽůŝĐŝĞƐĐŽǀĞƌƉƌŽƉĞƌƚLJ͕ĐƌŝŵĞ͕ĐŽŵŵĞƌĐŝĂůůŝĂďŝůŝƚLJ͕ĐLJďĞƌůŝĂďŝůŝƚLJĂŶĚĚŝƌĞĐƚŽƌƐ͛ ĂŶĚŽĨĨŝĐĞƌƐ͛ůŝĂďŝůŝƚLJ͘

 dŚĞƐĞƚƌĂŶƐĂĐƚŝŽŶƐǁĞƌĞŝŶƚŚĞŶŽƌŵĂůĐŽƵƌƐĞŽĨŽƉĞƌĂƚŝŽŶĂŶĚĂƌĞƌĞĐŽƌĚĞĚĂƚƚŚĞŝƌĞdžĐŚĂŶŐĞĂŵŽƵŶƚƐ͕ǁŚŝĐŚŝƐƚŚĞ ĂŵŽƵŶƚŽĨĐŽŶƐŝĚĞƌĂƚŝŽŶĞƐƚĂďůŝƐŚĞĚĂŶĚĂŐƌĞĞĚƚŽďLJƚŚĞƌĞůĂƚĞĚƉĂƌƚŝĞƐ͘  ϭϯ &ƵŶĚƌĂŝƐŝŶŐdžƉĞŶƐĞƐ

ƐƌĞƋƵŝƌĞĚƵŶĚĞƌ^ĞĐƚŝŽŶϳ;ϮͿŽĨƚŚĞŚĂƌŝƚĂďůĞ&ƵŶĚͲZĂŝƐŝŶŐĐƚŽĨůďĞƌƚĂ͕ƚŚĞ&ŽƵŶĚĂƚŝŽŶĚŝƐĐůŽƐĞƐƚŚĞĨŽůůŽǁŝŶŐ͗  ĂͿ džƉĞŶƐĞƐŝŶĐƵƌƌĞĚĨŽƌƚŚĞƉƵƌƉŽƐĞƐŽĨƐŽůŝĐŝƚŝŶŐĐŽŶƚƌŝďƵƚŝŽŶƐŝŶϮϬϭϳǁĞƌĞΨϳ͕ϱϯϴ;ϮϬϭϲʹΨϳϮϬͿ͘

ďͿ /ŶϮϬϭϳ͕Ψϭϳϰ͕ϱϬϬ;ϮϬϭϲʹΨϮϯϭ͕ϯϮϲͿǁĂƐƉĂŝĚĂƐƌĞŵƵŶĞƌĂƚŝŽŶƚŽĞŵƉůŽLJĞĞƐǁŚŽƐĞƉƌŝŶĐŝƉĂůĚƵƚŝĞƐŝŶǀŽůǀĞ ĨƵŶĚƌĂŝƐŝŶŐĂŶĚŝƐƌĞĐŽƌĚĞĚŝŶƚŚĞĂĚŵŝŶŝƐƚƌĂƚŝŽŶĞdžƉĞŶƐĞŽĨƚŚĞŽƉĞƌĂƚŝŶŐĨƵŶĚ͘dŚĞĨƵŶĚƌĂŝƐŝŶŐƌĞŵƵŶĞƌĂƚŝŽŶĐŽƐƚƐ ǁĞƌĞĚĞƚĞƌŵŝŶĞĚďLJŵĂŶĂŐĞŵĞŶƚ͕ďLJĂůůŽĐĂƚŝŶŐƚŽƚĂůƌĞŵƵŶĞƌĂƚŝŽŶŽĨƚŚĞĞŵƉůŽLJĞĞƐŝŶǀŽůǀĞĚŝŶĨƵŶĚƌĂŝƐŝŶŐ͕ƵƐŝŶŐ ƚŚĞŝƌďĞƐƚĞƐƚŝŵĂƚĞŽĨƚŝŵĞƐƉĞŶƚďLJĞĂĐŚĞŵƉůŽLJĞĞŽŶĨƵŶĚƌĂŝƐŝŶŐĂĐƚŝǀŝƚŝĞƐĚƵƌŝŶŐƚŚĞLJĞĂƌ͘



ϭϰ ŽŵŵŝƚŵĞŶƚƐ

hŶĚĞƌƚŚĞƚĞƌŵƐŽĨƚŚĞ^ĂĚĚůĞĚŽŵĞŵĂƚĞƵƌ^ƉŽƌƚƐ'ƌĂŶƚĐŽŶƚƌĂĐƚƐ͕ƚŚĞ&ŽƵŶĚĂƚŝŽŶŝƐĐŽŵŵŝƚƚĞĚƚŽƉĂLJŽƵƚΨϭ͕ϮϮϯ͕ϲϭϬ ;ϮϬϭϲͲΨϲϵϭ͕ϬϲϲͿŽĨŐƌĂŶƚƐ͕ƐƵďũĞĐƚƚŽƚŚĞĐŽŶĚŝƚŝŽŶƐŽĨƚŚĞŐƌĂŶƚƐďĞŝŶŐƐĂƚŝƐĨŝĞĚ͘dŚĞĨƵŶĚƐĨŽƌƚŚĞƐĞĐŽŵŵŝƚŵĞŶƚƐĂƌĞ ŝŶƚŚĞĞdžƚĞƌŶĂůůLJƌĞƐƚƌŝĐƚĞĚƉƌŽũĞĐƚĨƵŶĚ͘

/ŶϮϬϭϲ͕ƚŚĞ&ŽƵŶĚĂƚŝŽŶĞŶƚĞƌĞĚŝŶƚŽĂƐĞƌŝĞƐŽĨĂŐƌĞĞŵĞŶƚƐǁŝƚŚĂŐƌŽƵƉŽĨƌĞůĂƚĞĚǀĞŶĚĞƌƐƚŽƉƌŽǀŝĚĞŝŶƚĞƌŶĞƚ͕ǀŽŝĐĞ ŽǀĞƌŝŶƚĞƌŶĞƚƚĞůĞƉŚŽŶĞƐĞƌǀŝĐĞ;sK/WͿĂŶĚ/dƐƵƉƉŽƌƚ͘dŚĞƐĞĐŽŶƚƌĂĐƚƐǁĞƌĞĨŽƌϮƚŽϱLJĞĂƌĚƵƌĂƚŝŽŶƐĂŶĚƌĞƉƌĞƐĞŶƚƚŚĞ ĨŽůůŽǁŝŶŐĐŽŵŵŝƚŵĞŶƚ͗

ϮϬϭϴ ϮϬϭϵ ϮϬϮϬ ϮϬϮϭ dŽƚĂů ΨΨΨΨΨ /d^ĞǀŝĐĞŽŶƚƌĂĐƚ ϯϬ͕ϬϬϬ  ϴ͕ϳϱϬ  Ͳ  Ͳ  ϯϴ͕ϳϱϬ /ŶƚĞƌŶĞƚĐĐĞƐƐ ϭϬ͕ϰϱϭ  ϭϬ͕ϰϱϭ  ϭϬ͕ϰϱϭ  ϱ͕ϮϮϲ  ϯϲ͕ϱϳϵ sK/WdĞůĞƉŚŽŶĞ^LJƐƚĞŵ Ϯ͕ϬϰϬ  Ͳ  Ͳ  Ͳ  Ϯ͕ϬϰϬ ϰϮ͕ϰϵϭ  ϭϵ͕ϮϬϭ  ϭϬ͕ϰϱϭ  ϱ͕ϮϮϲ  ϳϳ͕ϯϲϵ 



ϮϬ

52 PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT dŚĞWĂƌŬƐ&ŽƵŶĚĂƚŝŽŶ͕ĂůŐĂƌLJ EŽƚĞƐƚŽ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐ &ŽƌƚŚĞLJĞĂƌĞŶĚŝŶŐĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ

ϭϱ /ŶƚĞƌͲĨƵŶĚdƌĂŶƐĨĞƌƐ

ƐƉĂƌƚŽĨƚŚĞ'ƌĞĞŶǁĂLJƉƌŽũĞĐƚĂŐƌĞĞŵĞŶƚ͕ƚŚĞŽĂƌĚŝƐĂůůŽǁĞĚƚŽƚƌĂŶƐĨĞƌƵƉƚŽϭϬйŽĨƚŚĞƚŽƚĂůĨƵŶĚƐƌĂŝƐĞĚŝŶƚŚĞ WƌŽũĞĐƚ&ƵŶĚƚŽƚŚĞDĂŝŶƚĞŶĂŶĐĞ&ƵŶĚĨŽƌƚŚĞZŽƚĂƌLJͬDĂƚƚĂŵLJ'ƌĞĞŶǁĂLJ͘ƵƌŝŶŐϮϬϭϳ͕ƚŚĞƌĞǁĂƐĂƚƌĂŶƐĨĞƌŽĨ Ψϯϵϭ͕Ϭϰϳ;ϮϬϭϲͲΨϮϳϳ͕ϳϱϮͿĨŽƌƚŚŝƐƉƵƌƉŽƐĞ͘  /ŶϮϬϭϳ͕ƚŚĞƉŽƌƚŝŽŶŽĨĨƵŶĚƐĐŽůůĞĐƚĞĚĨƌŽŵƐĂůĞŽĨďĞŶĐŚĞƐĨŽƌŽŶŐŽŝŶŐŵĂŝŶƚĞŶĂŶĐĞŶĞƚŽĨƚŚĞĐƵƌƌĞŶƚLJĞĂƌƐĞdžƉĞŶƐĞƐ ĨŽƌƚŚĞϭϮŵŽŶƚŚƐĞŶĚĞĚĞĐĞŵďĞƌǁĞƌĞƚƌĂŶƐĨĞƌƌĞĚƚŽƚŚĞĞŶĐŚDĂŝŶƚĞŶĂŶĐĞZĞƐĞƌǀĞ&ƵŶĚŝŶƚŚĞĂŵŽƵŶƚŽĨΨϱ͕ϰϱϳ ;ϮϬϭϲʹΨϲϯ͕ϮϲϭͿ͘

dŚĞ&ŽƵŶĚĂƚŝŽŶƚƌĂŶƐĨĞƌƌĞĚΨϭϰϮ͕ϮϮϳ;ϮϬϭϲͲΨϭϱϵ͕ϰϱϰͿĨƌŽŵƚŚĞKƉĞƌĂƚŝŶŐŶĚŽǁŵĞŶƚ&ƵŶĚƚŽƚŚĞKƉĞƌĂƚŝŶŐ&ƵŶĚŝŶ ϮϬϭϳƚŽĐŽǀĞƌŽƉĞƌĂƚŝŶŐĐŽƐƚƐĂƐƉĞƌƚŚĞĂŐƌĞĞŵĞŶƚǁŝƚŚƚŚĞŝƚLJ͘

dŚĞ&ŽƵŶĚĂƚŝŽŶƚƌĂŶƐĨĞƌƌĞĚΨϰϭϵ͕ϳϯϯ;ϮϬϭϲͲΨϯϬϴ͕ϳϲϲͿĨƌŽŵƚŚĞWƌŽũĞĐƚ&ƵŶĚƚŽƚŚĞKƉĞƌĂƚŝŶŐ&ƵŶĚŝŶϮϬϭϳǁŚŝĐŚ ƌĞƉƌĞƐĞŶƚĞĚĂĚŵŝŶŝƐƚƌĂƚŝŽŶĨĞĞƐďĂƐĞĚŽŶĨƵŶĚƐƌĞĐĞŝǀĞĚĂƐƉĞƌƚŚĞĂŐƌĞĞŵĞŶƚƐǁŝƚŚƚŚĞǀĂƌŝŽƵƐƉƌŽũĞĐƚƐ͘

/ŶϮϬϭϳ͕ƚŚĞ&ŽƵŶĚĂƚŝŽŶƚƌĂŶƐĨĞƌƌĞĚΨŶŝů;ϮϬϭϲͲΨϱϬ͕ϬϬϬͿĨƌŽŵƚŚĞWĂƌƚŶĞƌWĂƌŬƐŶĚŽǁŵĞŶƚ&ƵŶĚƚŽƚŚĞWƌŽũĞĐƚ&ƵŶĚƚŽ ďĞŐƌĂŶƚĞĚƵŶĚĞƌƚŚĞƌĐŚŝƚĞĐƚƵƌĂů'ƌĂŶƚŝŶŐWƌŽŐƌĂŵ͘

dŚĞ&ŽƵŶĚĂƚŝŽŶƚƌĂŶƐĨĞƌƌĞĚďĂĐŬĂΨϯϬ͕ϬϬϬĚƵĞƚŽƚŚĞWĂƌƚŶĞƌWĂƌŬƐŶĚŽǁŵĞŶƚ&ƵŶĚĨƌŽŵƚŚĞWƌŽũĞĐƚ&ƵŶĚĨŽƌƚŚĞ ĚĞĨƵŶĐƚŝŽŶĞƌŐLJWĂƌŬ͘dŚĞĨƵŶĚƐǁĞƌĞŐƌĂŶƚĞĚĂƐĂůŽĂŶƚŽƚŚĞƉƌŽũĞĐƚƚŽĐŽŶĚƵĐƚŝŶŝƚŝĂůƌĞƐĞĂƌĐŚĂŶĚĚƌĂǁŝŶŐƐĂŶĚ ǁĞƌĞƚŽďĞƌĞƚƵƌŶĞĚŝĨƚŚĞƉƌŽũĞĐƚǁĞŶƚƚŽĨƵůůĨƵŶĚŝŶŐ͘dŚĞƉƌŽũĞĐƚĚŝĚŶŽƚŐŽƚŽĨƵůůĨƵŶĚŝŶŐĂŶĚƐƵďƐĞƋƵĞŶƚůLJŝƚŚĂƐ ďĞĞŶĚĞƚĞƌŵŝŶĞĚƚŚĂƚƚŚĞůŽĂŶŝƐƵŶĐŽůůĞĐƚĂďůĞ͘

dŚĞ&ŽƵŶĚĂƚŝŽŶƚƌĂŶƐĨĞƌƌĞĚΨϮϳϭ͕Ϯϵϵ;ϮϬϭϲͲΨϮϵϲ͕ϬϬϬͿĨŽƌƚŚĞĂĐĐŽƵŶƚƐďĞůŽŶŐŝŶŐƚŽZĞƉƐŽůĐĐĞƐƐĚǀĂŶƚĂŐĞWƌŽŐƌĂŵ ĨƌŽŵƚŚĞŶĚŽǁŵĞŶƚDĂŝŶƚĞŶĂŶĐĞĐĐŽƵŶƚƐŝŶƚŚĞWƌŽũĞĐƚ&ƵŶĚƚŽƚŚĞWƌŽũĞĐƚ&ƵŶĚƚŽĨƵŶĚƚŚĞZĞƉƐŽůĐĐĞƐƐ ĚǀĂŶƚĂŐĞWƌŽŐƌĂŵƉĞƌĂŐƌĞĞŵĞŶƚ͘&ƵƌƚŚĞƌ͕ĂŶĂĚũƵƐƚŝŶŐĞŶƚƌLJǁĂƐŵĂĚĞƚŽƚƌĂŶƐĨĞƌΨϭϮϲ͕ϮϯϰĨƌŽŵŶĚŽǁŵĞŶƚ DĂŝŶƚĞŶĂŶĐĞĐĐŽƵŶƚƐŝŶƚŚĞWƌŽũĞĐƚ&ƵŶĚƚŽƚŚĞŶĚŽǁŵĞŶƚ&ƵŶĚ͘

/ŶϮϬϭϳ͕ƚŚĞ&ŽƵŶĚĂƚŝŽŶƚƌĂŶƐĨĞƌƌĞĚΨϰϮϰ͕ϯϲϳŽĨĨƵŶĚƐƌĞĐĞŝǀĞĚĨƌŽŵƚŚĞDĂƌŝŽ^ƚĞůůĂƐƚĂƚĞŚĞůĚŝŶƚŚĞWƌŽũĞĐƚƐ&ƵŶĚƚŽ ƚŚĞWĂƌƚŶĞƌWĂƌŬƐŶĚŽǁŵĞŶƚ&ƵŶĚ͘/ŶϮϬϭϲ͕ƚƌĂŶƐĨĞƌƐǁĞƌĞŵĂĚĞΨϭ͕ϰϲϮ͕ϳϰϴŽĨĨƵŶĚƐƌĞĐĞŝǀĞĚĨƌŽŵƚŚĞDĂƌŝŽ^ƚĞůůĂ ƐƚĂƚĞŚĞůĚŝŶƚŚĞWƌŽũĞĐƚƐ&ƵŶĚƚŽƚŚĞWĂƌƚŶĞƌWĂƌŬƐŶĚŽǁŵĞŶƚ&ƵŶĚ;ΨϲϯϬ͕ϬϬϬͿĂŶĚƚŚĞZŽƚĂƌLJͬDĂƚƚĂŵLJ'ƌĞĞŶǁĂLJ KƉĞƌĂƚŝŶŐ&ƵŶĚ;ΨϴϯϮ͕ϳϰϴͿĂƐĂƉƉƌŽǀĞĚďLJƚŚĞŽĂƌĚŽĨ'ŽǀĞƌŶŽƌƐ͘

/ŶϮϬϭϲ͕ƚŚĞ&ŽƵŶĚĂƚŝŽŶƚƌĂŶƐĨĞƌƌĞĚΨϵϯϲ͕ϴϮϬŽĨĨƵŶĚƐƌĞĐĞŝǀĞĚĨƌŽŵƚŚĞWĂƌƚŶĞƌWĂƌŬƐŶĚŽǁŵĞŶƚ&ƵŶĚƚŽƚŚĞƵŝůĚŝŶŐ ŽŵŵƵŶŝƚŝĞƐ&ƵŶĚ;Ψϰϯϲ͕ϴϮϬĨĂŝƌŵĂƌŬĞƚǀĂůƵĞŽĨΨϱϭϯ͕ϬϬϬͿĂŶĚƚŚĞZŽƚĂƌLJͬDĂƚƚĂŵLJ'ƌĞĞŶǁĂLJKƉĞƌĂƚŝŶŐ&ƵŶĚ ;ΨϱϬϬ͕ϬϬϬͿĂƐĂƉƉƌŽǀĞĚďLJƚŚĞŽĂƌĚŽĨ'ŽǀĞƌŶŽƌƐ͘dŚĞƐĞĨƵŶĚƐƌĞƉƌĞƐĞŶƚĞĚŚŝƐƚŽƌŝĐĞĂƌŶŝŶŐƐƌĞĐĞŝǀĞĚĨƌŽŵ ŝŶǀĞƐƚŵĞŶƚƐ͘EŽƐŝŵŝůĂƌƚƌĂŶƐĨĞƌǁĂƐŵĂĚĞŝŶϮϬϭϳ͘

/ŶϮϬϭϳ͕ƚŚĞ&ŽƵŶĚĂƚŝŽŶƚƌĂŶƐĨĞƌƌĞĚΨϮϬϬ͕ϬϬϬĨƌŽŵƚŚĞWĂƌƚŶĞƌWĂƌŬƐŶĚŽǁŵĞŶƚ&ƵŶĚƚŽƚŚĞWƌŽũĞĐƚ&ƵŶĚ͘/ŶďŽƚŚ ĐĂƐĞƐ͕ƚŚĞĨƵŶĚƐǁĞƌĞĂůůŽĐĂƚĞĚƚŽƚŚĞĂĐĐŽƵŶƚƐŶŽŵŝŶĂůůLJƐĞŐƌĞŐĂƚĞĚĨŽƌƚŚĞƵŝůĚŝŶŐŽŵŵƵŶŝƚŝĞƐWƌŽŐƌĂŵ͘EŽƐŝŵŝůĂƌ ƚƌĂŶƐĨĞƌǁĂƐŵĂĚĞŝŶϮϬϭϲ͘

/ŶϮϬϭϳ͕ƚŚĞ&ŽƵŶĚĂƚŝŽŶƚƌĂŶƐĨĞƌƌĞĚŵĂŶĂŐĞŵĞŶƚĨĞĞƐĨŽƌƚŚĞLJĞĂƌĞŶĚĞĚĞĐĞŵďĞƌϯϭĨŽƌƚŚĞ'ƌĞĞŶǁĂLJƉƌŽũĞĐƚĂŶĚ ƚŚĞďĞŶĐŚƉƌŽŐƌĂŵŝŶƚŚĞĂŵŽƵŶƚƐŽĨΨϵϰ͕ϲϴϳĂŶĚΨϳϮ͕ϬϬϬƌĞƐƉĞĐƚŝǀĞůLJ;ϮϬϭϲͲΨϵϲ͕ϬϴϮĂŶĚΨϭϬϱ͕ϲϬϬƌĞƐƉĞĐƚŝǀĞůLJͿ͘

Ϯϭ

PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT 53 dŚĞWĂƌŬƐ&ŽƵŶĚĂƚŝŽŶ͕ĂůŐĂƌLJ EŽƚĞƐƚŽ&ŝŶĂŶĐŝĂů^ƚĂƚĞŵĞŶƚƐ &ŽƌƚŚĞLJĞĂƌĞŶĚŝŶŐĞĐĞŵďĞƌϯϭ͕ϮϬϭϳ

/ŶϮϬϭϳ͕ƚŚĞ&ŽƵŶĚĂƚŝŽŶƚƌĂŶƐĨĞƌƌĞĚŵĂŶĂŐĞŵĞŶƚĨĞĞƐĨŽƌƚŚĞLJĞĂƌĞŶĚĞĚĞĐĞŵďĞƌϯϭĨŽƌƚŚĞ^ĂĚĚůĞĚŽŵĞ&ƵŶĚŝŶƚŚĞ ĂŵŽƵŶƚƐŽĨΨϯϲ͕ϬϬϬ;ϮϬϭϲʹΨϯϲ͕ϬϬϬͿ͘

ϭϲ ŝƚLJŽĨĂůŐĂƌLJĂŶĚĂůŐĂƌLJ&ŽƵŶĚĂƚŝŽŶ&ƵŶĚŝŶŐŽĨZŽƚĂƌLJDĂƚƚĂŵLJ'ƌĞĞŶǁĂLJ

ƵƌŝŶŐƚŚĞLJĞĂƌ͕ƚŚĞ&ŽƵŶĚĂƚŝŽŶZĞĐĞŝǀĞĚŐƌĂŶƚĨƵŶĚŝŶŐĨƌŽŵƚŚĞŝƚLJŽĨĂůŐĂƌLJŝŶƚŚĞĂŵŽƵŶƚŽĨΨϭ͕ϱϬϬ͕ϬϬϬĂŶĚ ĞƋƵŝǀĂůĞŶƚĨƵŶĚƐĨƌŽŵƚŚĞĂůŐĂƌLJ&ŽƵŶĚĂƚŝŽŶŽĨΨϭ͕ϱϬϬ͕ϬϬϬ͘dŚĞĨƵŶĚŝŶŐǁĂƐƌĞĐĞŝǀĞĚƚŽƐƵƉƉůĞŵĞŶƚĨƵŶĚŝŶŐĂůƌĞĂĚLJŝŶ ƉůĂĐĞĨŽƌƚŚĞĐŽŶƐƚƌƵĐƚŝŽŶŽĨƚŚĞZŽƚĂƌLJDĂƚƚĂŵLJ'ƌĞĞŶǁĂLJWƌŽũĞĐƚ͘ƵƌŝŶŐϮϬϭϳ͕ĐŽŶƐƚƌƵĐƚŝŽŶĂŶĚƌĞůĂƚĞĚĐŽƐƚƐĨŽƌƚŚĞ ƉƌŽũĞĐƚǁĞƌĞΨϭ͕ϱϳϵ͕Ϯϳϱ͘

ϮϮ

54 PARKS FOUNDATION CALGARY I 2017 ANNUAL REPORT

225 - 13 Avenue SW Calgary, AB T2R 1N8 www.parksfdn.com 403-974-0751 [email protected]

@ParksFdnCalgary | ParksFdnCalgary| ParksFoundationCalgary

Mural/Cover Artist: Mateusz Napieralski | www.gustofwindstudio.com