ANNUAL

REPORT

201 7

STAFF AND BOARD OF DIRECTORS

John Robinson President Tom Davies Past President Jonathan Ross Vice President Pam Borden Secretary Tracey Laughlin Treasurer Jeff MacKenzie Director Giselle Bernard Director Rhonda MacPhee Director Jim Travers Director Heather Tedford Director STAFF Kent Hudson Fund Development Marla Gidney Finance Officer

COMMITTEES AND VOLUNTEERS

Fund Development Committee Investment Committee • John Robinson, Chair • Jonathan Ross, Chair • Pam Borden, Director • John Robinson, Director • Bruce Craig, Volunteer • Earl Pickard • Tony Sauer, Volunteer

Audit and Finance Human Resources • Tom Davies, Director • John Robinson, Director • Tracey Laughlin, Director • Tracey Laughlin, Director • Susan Ching, Volunteer • Jeniene Peake, Volunteer

Nominating Marketing • Tom Davies, Chair • Heather Tedford, Chair • James Travers, Director • Giselle Bernard, Director • Jonathan Ross, Director

Granting and Awards Committee • Jeff MacKenzie, Chair • Joanne McQuaid, Volunteer • Heather MacDonald, Volunteer • Marilyn Barrett, Volunteer • Joyce Gaudet, Volunteer • Michael Murphy, Volunteer • Jamie Kilbride, Volunteer

PRESIDENT’S REPORT

The Community Foundation of (CFPEI) continued to cultivate and enhance its impact and awareness in the non-profit sector again in 2017. The Foundation is a volunteer driven non-profit charitable organization that exists to disburse grants from endowments and flow-through funds with a goal of improving all aspects of community life in Prince Edward Island.

Our mandate is to stimulate and assist caring Islanders in the delivery of their charitable giving, both now and in the years to come. We do this CFPEI President by connecting caring people with causes that matter. John Robinson For the first time ever, the Foundation distributed more than $500,000 to a broad range of worthy causes, all on behalf of the outstanding individuals and organizations who are our Donors.

One factor contributing to The Foundation’s ability to increase its impact in the community is the growth of its Endowment fund and the investment return it has earned. To this end, the total number of individual funds in the portfolio increased from 70 to 74, a total of $340,000 in donations was added to the portfolio, more than $280,000 was withdrawn for granting, and the Fair Market Value grew from $8,705,734 to $9,556,549 resulting in the portfolio enjoying a pre-fee Return on Investment (ROI) of 11%. The foundation issued a formal request for proposals for the management of its investment portfolio last year and I’m pleased to report that RBC Wealth Management - PH&N Investment Counsel was reappointed for another term. Thanks to Jonathan Ross, Chair of our Investment Committee along with the committee members for such a great job!

While the Foundation is celebrating a significant community impact milestone, we are mourning the loss of President Steve McQuaid who passed away in January 2017. One of Steve’s favorite Community Foundation slogans was “Supporting worthy causes on behalf of caring people” and I’m sure he would be proud of the support the Foundation delivered to his Community last year. We are most pleased that Steve’s wife Evelyn along with their children have established the Steve McQuaid Memorial Award to assist non-profit organizations across the Island in strengthening their efforts and abilities in building Smart and Caring Communities.

One of the larger initiatives the Foundation undertook in 2017 was our participation in The Community Fund for Canada’s 150th project, a collaborative effort seeded by the Government of Canada and extraordinary leaders from coast to coast to coast and matched and delivered locally by Canada’s 191 Community Foundations. Our partnership enabled the awarding of $130,000 to 26 Island community- based projects. The granting capacity from our own endowments was supplemented by local private donors which greatly increased our ability to draw matching dollars from the Canada 150 Fund. Many thanks to everyone involved in the success of this unique project.

A major initiative led by Marketing Committee Chair Heather Tedford, several board members and staff were undertaken to design and launch our new website and Facebook presence. Many thanks to all those involved.

The Community Foundation relies heavily on its volunteer board of directors for input, guidance, outreach and active involvement. It is my pleasure to recognize two new directors who joined the board in 2017, Jeff MacKenzie and Rhonda MacPhee and to thank three directors who retired last year, Rod Nicholson, Paula Foley and Joanne Donahoe. We also wish to remember Steve McQuaid who was serving as President when he passed away in January as well as Carol Fraser, a faithful board member for many years who passed away in June.

On behalf of the Foundation, I wish to acknowledge the work of, and thank long time staff person, Marla MacDonald Gidney as well as long time volunteer and occasional staff person, Jeniene Peake. A hearty thank-you to our recently hired Fund Development staff person and ED in waiting, Kent Hudson and all the volunteers who served on various committees and projects throughout the year. Your dedication and commitment is greatly appreciated and plays a huge role in the success of the Community Foundation of Prince Edward Island!

AWARD RECIPIENTS

SCHOLARSHIPS - $69,600.00

Arthur and Theresa MacDonald Scholarship Joseph Spriet Scholarship $1,000 - Brett DesRoche $3,000 - Catherine Wood $1,000 - Alexys Mooney $3,000 - Michael Ogden

Architect’s Association of PEI Scholarship PEI Protestant Children’s Trust Bursary $2,250 - Cassie Burhoe $5,000 - Clark MacIntyre

Gordon Doughart Memorial Award Lowell Phillips Scholarship $500 - Jason Bernard $780 - Hannah MacLellan

George and Noreen Corrigan Single Mother Lorne and Ruby Bonnell Scholarship Scholarship $515 - Keira Rigby $3,460 - Jenna MacLeod $515 - Kathleen MacMillan

TRH Duke & Duchess of Cambridge Orin Carver Scholarship Scholarship $1,000 - Grant Wolters $1,500 - John Kelesi $1,000 - Rachel Green $1,500 - Allison McCabe $1,000 - Jenna MacInnis $1,500 - Noah Laybolt $1,000 - Laura Burger

St. John’s Lodge Scholarship Summerside-Natick International $200 - Olivia Cox Friendship Hockey Scholarship $200 - Isaac Cox $250 - Alexis Mulligan $200 - Joleesa Tawil $250 - Brianna Gunning $200 - Grace Coles $1,000 - Michael Ogden Steven Turner Memorial Scholarship $1,000 - Brianna Hennessey $680 - Hallie Currie $1,000 - Heather Learie $1,000 - Bethany Hughes Joan Auld Scholarship Fund $700 - Megan Burnside Christian Gavard Memorial Fund Award St. Andrew’s Society $1,000 - Emma Bowers $32,400 - 27 recipients

COMMUNITY GRANTS - $149,210.00

David A. MacKay Endowment Fund Cumberland Rocky Point WI Fund $1,860 - QEH Foundation $700 - Westwood Primary School $2,855 - Camp Abegweit $700 - Elliot River Elementary

Dr. Donald K. Taylor Memorial Alzheimer’s Society of PEI Foundation $580 - Appin Road Summer Day Camp $3,000 - Hospice PEI

Souris Fund Arthur and Theresa MacDonald Charitable $1,250 - Community Coalition/PEI Food Trust Share $380 - Western Hospital

Jessie Drummond Award Dr. Marlene Bryenton - Ghiz Park Fund $150 - PEI 4-H Council $400 - City of

North Tryon Women’s Institute Fund MacMillan-Bagnall Shrine Trust Fund $577 - PCH Foundation $300 - Philae Temple Crippled Children $576 - Englewood Consolidated School Travel Fund

Canada Games Host Society Legacy Trust David “Jiggs” MacDonald and Gerry Rutten $131,852.00 - Athletics PEI, Baseball PEI, Basketball Music Legacy Fund PEI, Biathlon PEI, Cycling PEI, Football PEI, Gymnastics $2,015 - Englewood Consolidated School PEI, Judo PEI, ParaSport and Recreation PEI, PEI $2,015 - Montague Intermediate School Archery, Pei Golf Association, PEI Soccer Association, PEIFHA, Ringette PEI, Skate Canada PEI, Snowboard PEI, Softball PEI, Speed Skate PEI, Swim PEI, Triathlon PEI, Volleyball PEI, Wrestling PEI, Andre Boudreau, Lucas Boudreau, Caitlin Campbell, Carsen Campbell, Veronica Keefe, Hannah MacLellan, Martin Sobey

2017 CANADA 150 GRANTS - $122,315.00

City of Charlottetown - Dr. Marlene Area Historical Foundation Bryenton/Joseph A. Ghiz Memorial Park Marine Atlantic 100th Anniversary of Service - Memorial Park Recycle Bins - $5,000 $2,500

City of Charlottetown - Victoria Row Inc. Boys and Girls Club Wellington and Area Always on Stage - $2,500 Wellington & Area Cultural Festival - $1,500

Boys and Girls Club Summerside Community of Abram Village Canadian Dreams…Inspiring Today’s Youth - Families Celebrating Canada’s Birthday - $5,000 $4,000

Farm Centre Association Inc. Bedeque Bay Environmental Management Continuing to Build the Legacy Garden - Association

$5,000 History of Watershed - $1,500

Municipality of Wellington PEI Museum and Heritage Foundation Family Day “O Canada” - $2,705 Georgina Pope Exhibition - $4,000

Centre Goeland/Village des Sources l’Etoile Canadian down Syndrome Society of PEI Filane Looking Back and Ahead: Engaging Prince Jumelage Culturelle Familial/Family Cultural County Youth in Building our Inclusive Exchange - $5,000 Community - $1,160

Veterans Voices of Canada Association - PEI Miltonvale Park Community Keeping History Alive in PEI - $5,000 Miltonvale Park Canada 150 Stories - $3,300

Hillsborough River Association Inc. Abegweit First Nation Living off the Land: Historic & Culturally PEI Indigenous Youth Leadership Gathering - Important PEI Foods - $5,000 $5,000

PEI Writer’s Guild (Reading Town PEI) Three Rivers Roma Inc. Diverse Story 2017 Reading Town PEI - Roma Trail Signage - $400 $5,000

Community of Abrams Village Cooper Institute Ltd. Setting the Stage - $4,200 Supported Decision Making - $2,050

Mount Stewart Consolidate School O’Leary Museum and Library Association Mi’kmaq Drumming and Dancing - $2,500 Ltd. Warren Leard: The Last Miller on PEI - $5,000

Friends of the Farmer’s Bank of Rustico Inc. United Way of PEI Father Belcourt’s 1866 Steam Carriage - Celebrating the Legacy - $15,000 $5,000

United Way of PEI United Way of PEI Islander Stories - $15,000 Conference: Coming Together Leave Connected - $15,000

MEMORIAL DONATIONS

When a friend or family member passes away, an In-Memoriam contribution to any of one of CFEI’s funds can be an appropriate tribute to honour a person’s legacy in their community. In 2017, donations were received in memory of the following individuals:

Steve McQuaid Myrtle Ballum Joe Murphy Christian Gavard Gerald Mitchell Kathy Pooley Father Bolger Rollande and Denis Bealieu The Proctor, Doyle & Brown Families Isabella and Alberts Hobbs

2017 EVENTS

Annual Fund-Raising Gala The Foundation hosted its Annual Gala fundraiser on Sept 8th at Glasgow Hills Golf Club in New Glasgow. A special event to celebrate our significant community granting milestone and to mix and mingle with friends and patrons of CFPEI, it was also a sad evening as we joined with Steve McQuaid’s family to pay tribute to our colleague. Two of Steve’s children, Michelle Dodds & Tim McQuaid, his business partner Paul Chaulk and Tom Davies of the Community Foundation all shared memories of Steve. Director Pam Borden then announced that the Island Community Exchange World Café would be held in his honor. This free event will continue Steve’s efforts to support community groups and strengthen Island communities.

Annual Awards Recognition Reception Our August 23rd Awards evening saw our largest turnout ever of recipients, family members and friends. This event recognized and celebrated our 2017 scholarship winners, community grant winners and Canada 150th Fund recipients. This event is the one time each year where the Foundation publicly showcases to our donors, patrons and friends the outcomes and impacts of the work we do. Each scholarship, grant or award represents the result of someone who wanted to help their community in some way. We wish to thank all donors and patrons who have helped make this happen through their gifts.

Legacy Tea I was delighted to have the opportunity to welcome a number of invited guests to a Legacy Society social time and tea at the home of Elaine & Ken MacDonald on Nov 29th. The refreshments and service were outstanding and there was good interest in the material presented about the Foundation. Thanks to Elaine and her co-hosts and to board member Pam Borden who helped organize the event.

Island Community Exchange World Café The first event held under the auspices of the Steve McQuaid Memorial Award was held at the Jack Blanchard Hall on November 20th which a number of board members and staff attended and participated in. The Café provided the opportunity for representatives from various non-profit organizations to exchange ideas and discuss issues in a mini-session type of event where participants rotated through tables where various topics of interest were being discussed. The discussions were summarized at the end of the session and presented to the assembled by each table’s coordinator. An enjoyable and productive way to give and receive new ideas on various subjects. Congratulations to the steering committee of the Steve McQuaid Memorial Award, Steve’s family and everyone who attended.

2017 NEW FUNDS

Their Royal Highnesses, The Duke and Duchess of Cambridge Scholarship

The Foundation was pleased to award the first ever Their Royal Highnesses, The Duke and Duchess of Cambridge Scholarships to Heather Crane, Micayla Darrach, Kestra Greer and Nathaniel Mason at Government House on March 6th. The original concept for the creation of an Endowment to fund these scholarships was proposed by Ms. Mary Dunea who also made a significant donation to launch the fund. We were delighted that Ms. Dunea was able to travel from Iowa through terrible weather and flight connections to attend and participate in the scholarship presentations. The Foundation is most grateful for her vision and generosity which will live on as the scholarships are presented each year. Thank you to Their Honours, Lieutenant Governor H. Frank Lewis and Mrs. Dorothy Lewis for hosting the event.

THE IMPACT OF FLOW THROUGH SERVICES

Although most of the support provided to scholarship and grant recipients is generated from Endowment Fund earnings, a significant granting capacity comes from donors using our flow through services. Donors use our flow through services for a variety of reasons included the desire to remain anonymous, the desire to make one larger gift for disbursal by CFPEI to a number of causes, the desire to make a gift of shares to an organization not having its own brokerage account, and for US donors wishing to us the CFPEI IRS status to donate to a Canadian non- profit organization. In addition to approximately $100,000 in 2017 donations to support the Basilica Bell project, CFPEI donated a similar amount to other causes on behalf of flow through donors.

PORTFOLIO of FUNDS FMV AS OF DEC. 31st, 2017 - $9,556,548.54

Community Funds Fund # 1 $35,284.15 Island Fund $81,260.11 Edith and Eric C Robinson Endowment $95,696.14 Upson Fund $7,028.26

Field of Interest Funds A & T MacDonald Charitable Trust $397,934.52 Agricultural Equipment Fund $8,087.55 Alzheimer Society of PEI Foundation Fund $81,561.16 Dr. Gerry Barrett DAPEI Legacy Fund $40,888.10 Beach Tennis Club Trust Fund $13,278.12 Dr Marlene Bryenton Fund $32,315.87 Helen and Stan Buell Endowment $12,236.81 HRH Duke and Duchess of Cambridge Legacy Fund $124,290.38 J. Melville Campbell Fund $50,611.15 Friends of Camp Segunadeck $9,876.38 Coles Reunion Fund $8,626.92 Cumberland Rocky Point WI $37,504.89 Gordon Doughart Memorial Award $16,862.07 4 Oaks Endowment $26,129.28 Jessie Drummond Fund $3,273.22 Fund # 3 $13,025.70 Glendenning Family Fund $22,237.10 Catherine G Hennessey Endowment Fund $47,777.13 Island Arts & Heritage Fund $60,304.31 Kathyrn (Myers) Lea Endowment $11,320.66 Living Memorial Trust $10,511.26 David "Jiggs" MacDonald and Gerry Rutten Music Legacy Fund $64,174.89 Hesta MacDonald Legacy Fund $3,236.78 David A MacKay Fund $127,566.12 McIver Family Endowment $31,642.16 Steve McQuaid Memorial Endowment $9,948.23 North Tryon WI Legacy Fund $47,151.59 PEI Golf Endowment $21,973.51 Souris Fund $33,363.57 Summer Islanders Legacy Fund $9,758.00 Taylor Memorial Fund $15,717.86 Purdy Visual Arts Fund $9,462.64

Scholarship Funds AAPEI Scholarship Endowment $60,275.98 Auld Scholarship Fund $25,149.18 Jack Blanchard Music for Kids Bursary $21,541.63 Bonnell Scholarship Fund $27,479.03 Carver Scholarship Fund $146,493.62 Noreen & George Corrigan Scholarship $115,768.49 Christain Gavard Memorial Scholarship $17,263.56 P.E.I. Protestant Children's Trust $308,994.48 Phillips Scholarship Fund $20,777.90 St. John's Lodge -Ross Estate Bursaries $222,247.64 Saint Andrew's Society Scholarship $1,191,990.86 Joseph Spriet Scholarship Fund $169,282.67 Stephen Turner Memorial Fund $20,526.02 Summerside Natick $13,557.00

Designated Funds Canada Games Legacy Trust Fund $3,595,536.29 CFPEI Administration Fund $66,993.32 PEI Family Violence Prevention Services $406,698.11 Indian River Festival Property Endowment $58,573.22 MacMillan-Bagnall Shrine Trust $8,670.76 LM Montgomery Land Trust Fund $1,760.43 PEI Sports Hall of Fame and Museum Trust $52,037.29

Legacy Society Funds Cheryl & Dr. Harry Callaghan Pediatric Trust $4,552.64 Catherine Callbeck Endowment Fund $106,694.89 Thomas and Betty Hall Endowment Trust $115,743.66 Heather Henry MacDonald Endowment $12,430.72 Hazel and John Robinson Endowment $24,383.39 Fund 4 $1,159.96 Fund 6 $10,557.47 Terra Nova Endowment $6,827.38

HOSTED funds administered by CFPEI ALS Society of PEI CFPEI Operating Fund Dundas Cemetery Fund Highfield Cemetery Island Trails Trust Fund Old Protestant Burial Ground P.E.I. Hospice Association Tryon People's Cemetery Fund W.H. Tidmarsh Foundation Trust Fund