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We Are Philanthropy Ottawa’S Centre for Community Philanthropy

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We Are Philanthropy Ottawa’S Centre for Community Philanthropy Community Foundation of Ottawa 2005 Annual Report We are philanthropy Ottawa’s centre for community philanthropy Created by and for the people of Ottawa, the Community Foundation of Ottawa is a public, non-profit organization that has been serving the community since 1987. Our role is to connect people who care with causes that matter, enabling generous citizens to enhance the quality of life for all in our community. As a respected community convenor, we provide local leadership by bringing people together from all sectors to identify and address issues in our community in a proactive manner. The Community Foundation of Ottawa manages a large variety of funds on behalf of an ever-growing number of donors. Community Funds constitute the core of the Community Memorial Funds can be established through the Foundation’s ability to strengthen our community by meeting Community Foundation in order to create a lasting tribute emerging opportunities and addressing issues of importance to a special member of the community or loved one. as they change over time. Organizational Endowments can be established by Field of Interest Funds allow donors to direct grants to a organizations with registered charitable status in order to particular area of interest, such as social services, the arts benefit from the Community Foundation’s professional or the environment. investment management and expertise. Donor Advised Funds allow donors to advise the Community Flow-Through Funds allow donors to give advice on Foundation each year as to which charitable organizations disbursements to charitable organizations or causes within are to receive grants from their funds, and in what amounts. a given year. Designated Funds allow donors to choose specific charitable organizations that will be perpetual beneficiaries of the annual income generated by their gifts. www.cfo-fco.ca Educational Award Funds are used to provide educational Contents awards, scholarships and bursaries to help students pursue 2 Message from the Chair and President academic goals. 4 Community Stories 18 Funds and Planned Gifts 25 Grants and Disbursements 29 Applying for a Grant 33 Committees Community Foundation of Ottawa 36 2005 Board of Governors 75 Albert Street, Suite 301, Ottawa, ON K1P 5E7 37 Our Operations Tel: (613) 236-1616, Fax: (613) 236-1621, [email protected] 38 Financial Statements We are philanthropy. We all make up this community of giving. Whether you’re a charity, a donor, a grant recipient or concerned citizen, philanthropy touches us all. It’s our job – and great privilege – to act as a link in this chain of giving. It’s your devotion to our community that makes it such a rewarding mission. Funds Grants Thanks to the generosity of all of our donors, along with The Community Foundation distributed a total of sound financial management, the total value of the 520 $3.1 million in grants and disbursements to charitable funds held at the Community Foundation of Ottawa organizations in 2005. reached $87 million in 2005. Asset size by fund type (% of total) Grant by fund type (% of total) 58.7 Donor Advised 58.3 Donor Advis ed 20.7 Designated 12.1 Flow-Through 10.9 Field of Interest 1 1.9 Designated 5.5 Community 8.5 Field of Interest 3.7 Educational Award 6.2 Community 0.5 Other 2.9 Educational Award 1 Message from the Chair and CEO You inspire us. Whether you’re reading this as one of our donors or grant recipients, or as a member of a charitable organization or the community at large, you are the reason for what we do. You are the foundation on which the Community Foundation was built. It’s your vision of what this community is and can be that we strive to make reality. It is your voice we attempt to express through our work. As you’ll see from the accompanying financial highlights, 2005 was another outstanding year for the Community Foundation in both asset growth and grantmaking. We are proud and honoured to be entrusted with over 520 funds that support so many worthwhile projects and charitable organizations in our city and beyond. In 2005, the Foundation distributed over 3 million dollars in grants from an endowment fund now worth over 87 million dollars. G In 2005, we feel we also made great strides towards further fulfilling our leadership role in the community. New programs were launched and nurtured to fruition, including our innovative ENGAGE! and Youth in Philanthropy initiatives. Engaging entrepreneurs and the youth community in the world of philanthropy brings us to a new level in community convening, donor engagement and inspired grantmaking. Within two months of its launch, more than 100 local entrepreneurs and investors had joined ENGAGE! and committed to giving back to the community once they’re successful. Our new Youth Advisory Committee Highlights of 2005 Return on investment: 7.93% Total grants and disbursements: $3$3 million New funds established: 42 Total assets: $87 million Asset growth: $12 million 8 Asset Growth 1987 – 2005 ($ million) Total Grants 1987 – 2005 ($ million) 100 40 80 30 60 20 40 20 10 0 0 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 T 1 P h o t o : P a t M c G r a t h , O t t a w a C i t i z e n Left: Maureen A. Molot Chair of the Board of Governors Right: Barbara McInnes President and CEO was formed simultaneously, boasting 16 members between the ages of 13-21. This diverse group of young people has since gone on to create its first grants program, learning a great deal about the issues, trends and opportunities for Ottawa youth along the way. We also began the first phase of planning for a brand new, exciting project that will allow us to comprehensively measure and respond to key areas of importance in our community. Ottawa’s Vital Signs® will be an annual report card which will track and grade our quality of life in such sectors as the economy, health, housing, learning and the environment. Taking the pulse of our community in this way will help us all to identify and address issues in our community in an even more well-informed and proactive manner. We look forward to releasing our first Ottawa’s Vital Signs® report to the public in October 2006. 2005 was a banner year for the Community Foundation, and 2006 promises to bring even more exciting advancements in our local philanthropic initiatives. Credit for these successes belongs to all of you who make up our community of giving and, of course, to our dedicated volunteers, Board of Governors, committee members, board alumni and staff, who breathe life into the Foundation’s work each day. We also wish to take this opportunity to congratulate our 2005 Investing in People Award recipient, Adrienne Coddett, who is being recognized for her vital and innovative work with Ottawa’s youth community. Finally, we wish to pay tribute to all of the Foundation’s grantee organizations whose passion, energy and vision make it all worthwhile. Without the work and dedication of Ottawa’s community groups, our efforts would be meaningless. Your commitment to bringing out the best in our city is the greatest reward. Maureen A. Molot Barbara McInnes Chair of the Board of Governors President and CEO 3 I’m learning to read My name is Amanda. I go to Centennial Public School. I’m in grade two. I love reading, but my parents don’t know all the English words yet. So, every week my friend Alex comes to school to read with me. I love the big books about bugs and animals. And I like having special time to learn new words with Alex. The better I get at reading, the more I can show my parents when I get home. They’re very proud of me. Ottawa-Carleton Learning Foundation A Community Foundation grant supported the OttawaReads program, a unique school/business partnership which brings corporate sector volunteers into Ottawa schools to read to children in early literacy programs. The program was also supported in its purchase of first-language books for students in Ottawa beacon schools. 5 We’re tracing footsteps My name is Lynn. This is my husband, John. My father’s footprints are deeply embedded in my home- town. It seems like he’s everybody’s hero, everywhere he’s been. But no one looks up to him as much as I do. It makes me very proud to think of my dad starting up the London Community Foundation. I was only ten at the time, but it’s been extraordinary to witness all the fruits of his labour over the years. So, now it’s our turn. John’s and mine. With our family fund at the Community Foundation of Ottawa, we have the chance to leave our family’s footprints on this community. Ones I hope our kids will look to as they go off to make their own mark on the world. The Lynn and John Graham Family Fund A Donor Advised Fund established with the Community Foundation of Ottawa in 2005. 7 I can fly My name is Benjamin. I am a dancer. When the music begins, I feel like I’m entering a whole new world. One with no restrictions whatsoever. It’s a world where I can express my own strengths and ability to make choices. It’s total freedom.
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