Helping you make a lasting difference a lasting make Annual Reportwww.kwcf.ca 2012A A SINCERE THANK YOU For assisting with Hahn Rentals Waterloo Inn and And a special thank you our auditing needs: Igloo Software Conference Centre to our 2012 Sponsors! KPMG LLP Ignite Charity Waterloo Region Museum Joseph’s Estate Wines Waterloo-Wellington For assisting with KW Counselling Services Chartered Acountants our legal needs: Kitchener Public Library Association Miller Thomson LLP Kitchener Rangers WR Awesome Kitchener-Waterloo Art Gallery Woolwich Memorial Arena For assisting with our need Larrek Investigation for office and meeting space: and Research For assisting us Ernst & Young Living Fresh with media support: Family & Children’s Services LUCASWorks! 570 News of Waterloo Region McCabe’s Irish Pub & Grill 91.5 The Beat K-W Counselling Services Minute Man Press CTV Southwestern Ontario Zehr Levesque Inc. Mosaic Counselling CHYM FM & Family Services CKWR For supporting a variety NomNom Treats DAVE FM of important needs: Peak Realty Elmira Independent Bobby O’Briens PMG Intelligence Exchange Magazine Charity Republic Quarry Integrated Faith FM City of Kitchener Communications Intrigue Media City of Waterloo Region of Waterloo K-Fun The KWCF Annual Report is printed Cober Printing School of Accounting Kitchener Post with the generous support of Cohen Highley LLP and Finance, University KOOL FM Cober Evolving Solutions. Communitech of Waterloo Rogers Television Conestoga College The Cake Box SNAP – Kitchener/Waterloo Institute of Technology The Event Firm Waterloo Region Record and Advanced Learning Tim Hortons Woolwich Observer Conestoga Mall Tivoli Films Delta Hotel Traces Screen Printing Ltd. Denison Print Vision Screen Print Inc. Downtown Kitchener BIA Volunteer Action Centre The KWCF Annual Report is Grand Valley Wagner Livock produced with the generous Construction Association & Associates support of Quarry Integrated Hacienda Sarria Walper Hotel Communications Inc. OUR MISSION TABLE OF CONTENTS The Kitchener and Waterloo Community Foundation 1 A Sincere Thank You improves the quality of life in Kitchener, Waterloo 2 Our Mission and area, now and for generations to come, by 3 Happenings Around Your building community endowment, addressing needs through grant making, and providing leadership Community Foundation on key community issues. 4 Leadership In Action 5 Our Volunteers 7 Building 9 Building Stories BUILDING INVESTING LEADING 11 Investing 13 Investing Stories 15 Leading 17 Leadership Stories 21 Funds – Market Value 24 Accumulated Donations 28 2012 Donations 31 2012 Grants Awarded 38 Charts 39 2012 Financial Results 41 Condensed Financial Statements 43 Your Foundation Staff HAPPENINGS AROUND YOUR COMMUNITY FOUNdatION Your Community Foundation had an exciting year in 2012 including a few firsts, a great celebration and a leap into new deeper and impactful grant work in Kitchener, Waterloo and area. Following the 2011 evaluation of Waterloo Region’s Vital Signs® (WRVS), the report’s focus was narrowed to four key areas; Arts and Culture, Health and Wellness, Getting Started and Belonging and Leadership. Focus groups were held in each of these areas, and the first WRVS Priority Report was launched in October. Read on to find out more about what we discovered. The Centre for Community Knowledge launched in October in tandem with WRVS. The first of its kind in Waterloo Region, this innovative platform hosts profile pages for local charitable organizations showcasing programs and initiatives needing support through video, text and photos. There’s much more to share about this brand new initiative, and we hope you enjoy reading all about it. The KWCF celebrated the 5th anniversary of Random Act of Kindness Day® (RAK Day) in November with the addition of a new lunch-time celebration event. This event, hosted by The Foundation in partnership with the Downtown Kitchener BIA and the City of Kitchener was a hit with everyone who attended. Growth continues with the RAK Day movement across Canada. In 2012 RAK Day was celebrated in over 34 communities from coast to coast, with many showing interest in participating in 2013. Check out some of the amazing photos taken from RAK Day further in the report. Last year over $1.8 million in grants were disbursed to 190 charitable organizations. Once again gifts to The KWCF are up significantly over 2011, reaching approximately $4.3 million. In 2012, there was a shift in the strategic focus for The KWCF. Grants from the Community Fund became more focused and now target more impactful granting opportunities. Granting is now concentrated on the four key areas outlined in WRVS and Priority Report. We held information sessions and organizations worked closely with staff and volunteers to disburse close to $225,000 to those four key areas of need. Two of these grants are highlighted on the coming pages. We can never thank our partners, volunteers, and sponsors enough for their contributions to The KWCF. Without all of their support none of our successes would be possible. Looking to the future, we cannot imagine having better supports to work alongside us in making a lasting difference in our community. Greg Barratt, Rosemary Smith, Board Chair CEO 3 We Build. We invest. We Lead. LEADERSHIP IN ACTION The KWCF Board of Directors has been hard at work over the past four years shifting their governing style from a hands-on (operating style) to a strategic focus (policy governance style). As a result, the Board has set a new strategic direction for The Foundation, pulling on the results of the 2010 Waterloo Region’s Vital Signs report. Moving forward the Board’s focus will be on finding new and innovative ways of connecting and linking with leadership around the Region for input and feedback. This feedback will be critical when looking forward and working through where your community foundation can make the greatest impact. In 2012 The KWCF was proud to announce the addition of the Community Forward Fund to it’s portfolio of investments alongside other foundations from across the Region and Ontario. The Board of Directors recognized the need to participate in mission related investing and that as an organization The Board of Directors recognized the need to participate in mission-related investing in the non-profit sector. The Community Forward Fund helps The KWCF meet the changing needs of the non-profit section that The Foundation alone could not address. For more information on the Community Forward Fund visit their website at www.communityforwardfund.ca. VOLUNTEER LISTING Board of Directors Random Act of Kindness Investment Committee For sharing their time, Nominating Committee Greg Barratt , Chair Day® Committee Eric Strassburger, Chair talent, and treasure: The Nominating Committee David Brenneman , Vice Chair Candi Harrington, Chair Greg Barratt Tomasz Adamski is mandated by The Kitchener Vivian Zochowski, Past Chair Karl Allen-Muncey David Calder Rachel Adema-Hannes and Waterloo Community David Calder Marilena Benak Jason Daly Erin Bishop Foundation’s Act of Debbie Currie Stacey Bartlett Dennis Huber Conestoga College – Incorporation and is Edward D’Agostino Ryan Connell Larry Murray Respect Reps responsible for appointing Roger Farwell Linda Dancey Murray O’Brien Bre Creative The Foundation’s Board Dave Jaworsky Enrique Espinosa Robin Stanton Todd Cowan of Directors. Michael Klopchic Alexandra Hardy John Stilo Lakhdeep Dhaliwal Hulene Montgomery Nate Tedesco Rick Vandermey Amy Dussault Murray Costello, Chair, Jacqui Murphy JR Waddell Bryce Walker Mark Garner The Greater Kitchener- Mike Murray Vivian Zochowski Angie Hill Waterloo Chamber Lynne Short Grants Committee Dale Howatt of Commerce Eric Strassburger Penny Cleaver, Chair Leadership Identification Jane Humphries Brenda Halloran, Mayor, Peter Meier, Vice Chair Committee Samantha Hurwitz The City of Waterloo Audit Committee Heidi Balsillie David Brenneman, Chair Mike Farwell Ken Seiling, Chair, David Calder, Chair David Carter* Greg Barratt Scotty James Regional Municipality Edward D’Agostino Isabel Cisterna Cathy Brothers Kitchener-Waterloo of Waterloo Brian Fisher Carl Coelho Penny Cleaver Art Gallery Daniela Seskar-Henci, Pat Forte Martin deGroot Mandy Dennison Michelle Krasovec Chair United Way Blaine Hertzberger Carolyn Fitton Jacqui Murphy Toni Lemon of Kitchener-Waterloo Mark Walters Mary Ann Fleming Idrisa Pandit Dianne Llewellyn and Area Vivian Zochowski Beverly Harris Stephen Swatridge Omar McLean Carl Zehr, Mayor Rita Hemmerich Vivian Zochowski Jim Moss City of Kitchener Engage! KW Committee Barb Hill Nutrition for Learning Kourtney Beckman Pari Karem Professional Advisors Ingrid Pregel *Deceased Tammy Bender Sonny Kumpf Brian Fisher Sabrina Prudham Sarah Brown Sarah McNeil Kerry Long REEP Green Solutions Megan Conway Kristine Schumacher Eric Strassburger Rod Regier Mandy Dennison Judith Stephens-Wells Ingrid Schiller Taryn Graham Jessica Stockie Youth In Recreation Kate Short Candi Harrington Ingrid L. Town Committee Smile Epidemic Jennifer Knight Frances Tse Shirley Redekop , Chair Heather Sinclair Bryn Ossington Suzanna Walter Joyce Barker Sir John A. MacDonald Matt Scobel Gillian Wells Debbie Dover Life Skills Class Jason Shim Sara Wilbur Allan Enriquez Strong Start Derek Weidl Andrea Witzel Scott Harris The Working Centre – Kurt Wissent Nadine Mueller Multicultural Russ Wong Tech Advisory Susan Quarry Cinema Club Jessica Wulff Committee Lisa Sailor THEMUSEUM Erin Young Steve Cross Karen Scian Julie Thompson Brock Hart Marilyn