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The Temiskaming Foundation Annual Report 2018

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The Temiskaming Foundation Annual Report 2018 The Temiskaming TheF oTuenmdiastkiaomn in g AnFnouuanl dRaetpioonr t Annua2l0 R17e port Sharing in t2he0 G1r8ow th of Our Comm unity Sharing in the G rowth of Our Comm unity � The Temiskaming Foundation � ServingThe Temiskaming Temiskaming from Foundation Kirkland Lake to Serving TemiskamingLatchford from Kirkland Lake to Latchford M I S S I O N Sharing in the growth of our community. The Temiskaming Foundation is a local charity that accepts donations and invests them. We support local groups by granting them the income from the investments. � The Temiskaming Foundation REPORT TO THE COMMUNITY 2017 What’s inside our Report? Growth ........................................................................................................... Inside Cover Mission & Highlights 2017 .............................................................................. Page 1 Message from the President…………………………………………………… Page 2 We have moved! ……………………………………………………………….. Page 3 2017 Photos ………………………………………………………………………. Page 4 Welcome to the New Funds ........................................................................ Page 5-7 A Year in the Life ………………………………………………………………… Page 8 Donors ............................................................................................................ Page 9-13 Donations in Memory…………………………………………………………… Page 14 Donations in Honour ……………………………………………………………. Page 15 Canada 150 Fund Grants ……………………………………………………… Page 16 Funds & Grants to the Community .............................................................. Page 17-29 One Foot Forward Grants ……………………………………………………… Page 30 Scholarship Awards …………………………………………………… .............. Page 31-35 Connor Clark & Lunn Christmas Donation ………………………………….. Page 36 LEAVE A LEGACY ™ Temiskaming ……………………………………………. Page 37 Request Audited Statement ………………………………………… ............. Page 38 Who’s on Board ……..………………………………………………………Inside Back Cover H I G H L I G H T S O F 2017 ASSETS TOTAL ASSETS $8,000,000 $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 $1,948,003 $2,371,133 $2,438,632 $2,967,255 $3,511,927 $4,599,579 $4,767,270 $5,619,030 $6,760,448 $7,265,063 $7,172,326 GRANTS TOTAL GRANTS $700,000 $600,000 $500,000 $400,000 $300,000 $200,000 $100,000 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 $67,679 $66,000 $87,000 $102,000 $111,057 $188,758 $681,437 $271,517 $303,035 $390,555 $432,455 M I S S I O N Sharing in the growth of our community. The Temiskaming Foundation is a local charity that accepts donations and invests them. We support local groups by granting them the income from the investments. � The Temiskaming Foundation REPORT TO THE COMMUNITY 2018 What’s inside our Report? Growth ........................................................................................................... Inside Cover Mission & Highlights 2018 .............................................................................. Page 1 Message from the President…………………………………………………… Page 2 Welcome to the New Funds ........................................................................ Page 3-4 Donors ............................................................................................................ Page 5-6 Donations in Memory…………………………………………………………… Page 7 Donations in Honour ……………………………………………………………. Page 8 Giving to your Community Foundation …………………………………….. Page 9 Funds & Grants to the Community .............................................................. Page 10-23 One Foot Forward Grants ……………………………………………………… Page 24 Giving in Canada …………………………………………………………….… Page 25 Scholarship Awards ……………………………………………………………... Page 26-31 Connor Clark & Lunn Christmas Donation ………………………………….. Page 32 Request Audited Statement …………………………………………………... Page 33 LEAVE A LEGACY ™ Temiskaming ……………………………………………. Page 34 Who’s on Board ……..………………………………………………………Inside Back Cover H I G H L I G H T S O F 2018 • Assets at year-end: $7,172,326 • Gifts received during the year: $ 263,094 • Grants made totaling: $ 432,455 • New Funds established: 4 1 Dear Friends The Temiskaming Foundation is part of a network of 191 Community Foundations across Canada. These Community Foundations are very effective at allowing philanthropy to happen in thousands of Communities across the Country. The Temiskaming Foundation has, for 24 years, been contributing to the growth of the Temiskaming region in the areas of Health, Arts and Culture, Youth projects, Recreation, Museums, Food Banks, Libraries and Scholarships. These funds come from the investment income from the 7.2 million dollars which is currently endowed with the foundation. In 2018 the contribution was almost $400,000. That $7.1 million keeps growing with 4 new funds in 2018. The Jim and Sandi Hamilton Fund, the Gary Messenger Fund, the Roger Dubien Fund, and the Cynthia Koch Fund. The Temiskaming Foundation is a vital part of many organizations in Temiskaming and it is also an excellent vehicle that everyone should consider when planning estates and wishing to leave a legacy in their community while reducing taxes. At the Temiskaming Foundation we are always interested in discussing our organization with you. Whether as someone contributing and growing the Foundation or as a member of a community organization that needs the assistance of the Foundation. 2019 is the 25th anniversary of the Temiskaming Foundation and we are planning some events to raise awareness of the Temiskaming Foundation and in particular our Community Fund. The Community Fund is a general fund that any community group can apply to for grants. We would like to increase the size of this Community Fund so that the Communities in Temiskaming have more opportunity to obtain funding for valuable causes. I would like to thank our Executive Director Claire Hendrikx for all her hard work and dedication. Without her we would not be where we are today. I would also like to thank all the dedicated members of the board who are a pleasure to work with and who continually guide the Temiskaming Foundation in the right direction. I would encourage you to contact us, or me personally, to find out more about The Temiskaming Foundation and how it is a vital organization for the future of Temiskaming. Sincerely, Mark Wilson President The Temiskaming Foundation 705-622-2376 2 N E W F U N DS of 2018 Jim & Sandi Hamilton ‘Look to this Day’ Award Fund This fund was established by Jim in memory and honour of his wife Sandi. The ‘Look to this Day’ scholarship is awarded to a graduating student who is enrolled in post secondary studies. The student should have an interest in the Arts and/or Athletics, be community minded, involved in school extracurricular activities, demonstrates leadership & enthusiasm and is generous and thoughtful towards others. Gary Messenger Fund This scholarship fund was established by Gary’s Family in his honour. The graduating student recognised with this award reflects Gary’s generous and thoughtful nature, his loyalty and is a good friend. Cynthia Koch Fund This donor directed fund was established by Cynthia’s Family in her honour. Cynthia’s positivity and resilience will live on forever through her fund. 3 Roger Dubien Fund This fund was established by Roger’s sister Denise Pilon. The income from the fund will be evenly disbursed between the five local food banks – Cobalt, Coleman, Latchford & Area Food Bank, Haileybury Food Bank, Salvation Army New Liskeard Food Bank, Englehart Food Bank and Salvation Army Kirkland Lake Food Bank. Create your own Fund 1. Consider your charitable interests: What are you passionate about? With a Fund at The Temiskaming Foundation, you will have the flexibility to support the causes you care about. 2. Establish your fund: With a donation of $1,000 you can start a named under an existing fund. With a donation of $10,000 you can start your own named fund. The donation is endowed and the income is granted out annually. 3. Grant from your fund: As a Fund Holder you can be involved in the granting process. 4. Make a Donation: If you are not interested in establishing a fund of your own, consider a donation to an existing fund. Please see the following pages for a description of our funds. 4 THANK YOU TO ALL WHO MADE A GIFT TO THE FOUNDATION IN 2018 The Temiskaming Foundation gratefully acknowledges with appreciation the support of individuals and organizations listed below. Their generosity enables The Temiskaming Foundation to help build and strengthen our community. Every donation is used to grow the endowment and improve the quality of life in our community. 5th Wheel Training Institute Corneil, Derek Graydon Foods Ltd A Christmas to Remember Corneil, Glenn & Paule Great Northern Family Health A.H. Birnie & Associates Culhane, Susan Team Staff Abraham, David Cunningham, Ian Green Tractors Ltd. Alexander, Bruce & Maire Cunningham, Jane Greer, Virginia Ames, Louise & Brian Cyrenne, Richard Gribbon, Elizabeth Anderson, Anita & Michael Date, Monica & Gavin Grieco, Carol & Gaetano Anderson, John & Ann Davidson, Shayne Griffen, Cindy & Larry Anderson, Pat & Allan Martel Dawe, Kris & Brianne Grondin, Louise Apps, Judith & David Sloan Dawe, Robin & Donna Groux, Pierre- Andre & Andree Armstrong, Karen & Paul Deacon, Annette Hall, Susan & Tim Armstrong, Maria DeBernardi, Denise & Marcel Hambly, Maria & John AXIUM Infinity Solar LP DesJardins, Janet Hamilton, Jim Beauchamp Cathy & Richard Di Poce, Jessica Hare, Anne & Andy Beauchamp, Peggy Didine, Scott Hartling, Anne Beaulieu, Jacques & Steph Dodge,
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