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Documented Gifts Airdrie and District Community Foundation $342 the Variety of Needs

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Documented Gifts Airdrie and District Community Foundation $342 the Variety of Needs 2019 Calgary Foundation Annual Report Contents Board of Directors & Land Acknowledgment ................................................................................................................................................................................14 2019 Highlights ............................................................................................................................................................................................................................................. 15 Staff ....................................................................................................................................................................................................................................................................16 Committees & Volunteers ........................................................................................................................................................................................................................ 17 Impact Investments ................................................................................................................................................................................................................................................ 19 New Funds & Community Fund ............................................................................................................................................................................................................20 Community Grants ..................................................................................................................................................................................................................................... 22 Proactive Grants / Youth Philanthropy Grants...................................................................................................................................................................................... 26 Strategic Opportunity Grants ............................................................................................................................................................................................................... 27 Major & Signature Grants / Daryl K. Seaman Canadian Hockey Fund Grants .............................................................................................................29 Grassroots Grants ......................................................................................................................................................................................................................................30 Donor Advised & Donor Designated Funds & Grants ............................................................................................................................................................... 32 Field of Interest Funds .............................................................................................................................................................................................................................. 55 Student Award Funds .......................................................................................................................................................................................................................................... 58 Charitable Organization Funds .............................................................................................................................................................................................................61 Funds Administered For Others .......................................................................................................................................................................................................... 65 Future Gifts ....................................................................................................................................................................................................................................................66 Management Discussion & Analysis..................................................................................................................................................................................................68 Independent Auditors’ Report ..............................................................................................................................................................................................................84 Consolidated Financial Statements ...................................................................................................................................................................................................86 12 Calgary Foundation 2019 Annual Report Left to right: Elizabeth Peters, Bob Gibson and Eva Friesen A message from Thank you, Bob Eva Friesen, Calgary Gibson & welcome, Foundation’s Elizabeth Peters President & CEO We say goodbye with heartfelt thanks to our outgoing chair, Bob Gibson, and welcome Elizabeth Peters as A healthy, vibrant, giving, and caring Calgary that thrives into Calgary Foundation’s new board chair. the future – that is the vision of Calgary Foundation. To build Bob’s distinguished career in finance has made him an this future, we continue to honour the vision of our founders invaluable asset to the board and we are very pleased that while learning from the individuals and organizations as they he will continue to support our work as a member of the join us on our journey. From the donors who entrust us to Foundation’s Impact Investment Committee. support their philanthropy, to the organizations dedicated to addressing some of our city’s biggest challenges, every As a longtime Calgary Foundation committee volunteer and contribution is vital to achieving our mission. with a background in asset management, Elizabeth Peters brings a wealth of knowledge to her new role. Elizabeth is As the city evolves, Calgary Foundation evolves with it. passionate about advancing philanthropy in the community Our journey has taken us from a responsive grant maker and has strong ties to the Foundation through the Galvin to a proactive community builder, with the courage and Family Fund, a fourth generation Fund at Calgary Foundation. commitment to explore complex, systemic problems in our We look forward to the next two years with Elizabeth! city. We know we can deepen our impact by putting our resources towards high leverage points in these systems, leverage points like assumptions and beliefs. That’s why we’re committed to our reconciliation journey and strengthening Special thanks relationships with Indigenous communities, because we know society’s biggest problems are interconnected and As she enters the next chapter of her “rewirement”, we can’t be addressed in isolation. With our 360-degree view of say goodbye to Laily Pirbhai, our Vice President of Donor community we’ve sharpened our focus to encourage mental Engagement for the last 13 years. Under Laily’s leadership the health, reduce poverty, promote a diverse arts sector, and Foundation has grown substantially, with a focus on supporting strengthen relationships with Indigenous communities – strategic family philanthropy, serving donors in achieving knowing they intersect, and together contribute to a vibrant their charitable goals, and providing philanthropic tools and and thriving community. knowledge to professional advisors. Thank you Laily, for your We thank each of you for your unique contributions, and we skills, wisdom and passion over the years. invite you to join us on our journey to influence big change. Because this city is an asset shared by us all. These are our parks, our community centres, our hospitals, and our shelters. And a city is a profound thing to share. Calgary Foundation 2019 Annual Report 13 Calgary Foundation 2019-2020 Board of Directors Catherine (Kay) Best Melanie McDonald Corporate Director and Community Volunteer Regional Director, Estate and Trust Services Director since 2011 (Western Canada), BMO Trust Company Director since 2016 Jim Brownlee Executive, Great-West Lifeco Dr. Alykhan Nanji Director since 2014 C-health Group Founder and Director Director since 2018 Sherry Ferronato Nonprofit Management Consultant, Elizabeth Peters, Chair Ex Animo Consulting President, Liberty House Asset Management Director since 2018 Director since 2013 John Fischer Wes Peters Director, Iniskim Centre, Mount Royal University Vice President, Investments at Wawanesa Insurance. Director since 2014 Director since 2014 Murray Laverty, Vice Chair Patti Pon Minister, Parkdale United Church President & CEO, Calgary Arts Development Director since 2013 Director since 2011 Cathy Cochrane Phil Scherman Retired Principal, Calgary Board of Education Retired Partner, KPMG Director since 2019 Director since 2016 Blaine Lennox Hugh Williamson Regional Director & Portfolio Manager, Retired Partner and former Managing Partner, Jarislowsky, Fraser Limited Borden Ladner Gervais, LLP Director since 2018 Director since 2019 Gregory Lohnes Eva Friesen Retired Executive Vice President, Operations and President & CEO, Calgary Foundation Major Projects TransCanada Corporation Director since 2011 Land Acknowledgement Siân M. Matthews In the spirit of reconciliation, we acknowledge that we live, work Lawyer and play on the traditional territories of the Blackfoot Confederacy Director since 2014 (Siksika, Kainai, Piikani), the
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