ANNUAL 011 011 2 2 REPORT Since 1955, The Calgary Foundation has been dedicated to addressing the needs of the $50 MILLION 2010 Calgary & area community. As a community foundation, we play three important roles: NEW GIFTS DONOR & ENDOWMENT STEWARDSHIP RECEIVED 2011AGLANCE AT KNOWLEDGEABLE GRANTMAKING 55 NEW FUNDS COMMUNITY LEADERSHIP ESTABLISHED REFLECTING ON A YEAR OF COMMUNITY PHILANTHROPY 10 YEAR The Calgary Foundation works to support emerging needs in the Calgary and area community. In addition to our role as a community convener, the Foundation COMPOUND continues to focus on building endowments for the long-term benefit of Calgary and area. We work to RETURN 5.8% support and strengthen BENCHMARK the charitable sector and, Our commitment to address vital emerging issues and despite challenging times, needs in our community prompted the establishment INDICES 4.3% the Foundation has been of the Forever Funds. The Forever Funds initiative fortunate to benefit from addresses the needs in the sectors of Environment, the ongoing generosity Arts & Heritage, ASSET BASE of our donors. Seniors, Diversity & FOREVER FUNDS Inclusion, and Mental Health. Through the Forever $396 MILLION In the area of Environment, the Funds, the Foundation has increased its capacity to Forever Funds signature project HARVIE make proactive and responsive grants across these five important issue areas, hosted a successful Speaker ASSETS BY FUNDS is Harvie Passage. The project [MILLIONS OF DOLLARS] involves the redevelopment PASSAGE Series to increase the visibility of the issue, and of the Bow River Weir which will eliminate the supported signature projects that will make a lasting Designated $103 drowning hazard and allow for the Bow River to impact in each sector. Donor flow freely for the first time in over 100 years. Advised A period of intensive safety testing is currently $168 Field of underway and we look forward to celebrating The Arts and Heritage Forever Fund Interest $39 KING EDWARD EDWARD KING the opening of Harvie Passage in 2012. supports and celebrates creativity and ARTS SCHOOL INCUBATOR Managed $14 history, interpreting the past and forging links to Community $49 contemporary discussions. The signature project for this sector has seen a unique partnership Flow Through $23 develop between The Calgary Foundation and Calgary Arts Development Authority to advance a vision for the historic King Edward School to serve as an innovative arts incubator. The vision of the King Edward School Arts Incubator project partnership is an integrated, mixed-use ‘hub’ that provides a dynamic and collaborative environment focused on the incubation and advancement of professional arts practice, social innovation and community development in $22.2 MILLION GRANTED South Calgary. The incubator will connect the community of artists and cultural workers to each TO 651 CHARITABLE other as tenants in the building and to the broader community in which the facility is embedded. ORGANIZATIONS ACCELERATING In 2010, The Calgary Foundation, The United Way of Calgary & Area and the City of Calgary, commissioned a report to explore the readiness for social enterprise GRANTS BY SECTOR SOCIAL activity in Calgary. This report determined that our city has a strong appetite for [MILLIONS OF DOLLARS] innovation and growth in the area of social entrepreneurship, and that nonprofits Human Arts & Heritage $4 ENTERPRISE and companies alike are coming together to achieve a connection between societal Services $3.2 and economic growth. Seeking new ways to strengthen Calgary’s nonprofit sector, The Calgary Foundation, Community in partnership with Social Venture Partners Calgary, launched a Social Enterprise Pilot Project in 2010 to Development $1.8 demonstrate how nonprofit organizations can generate new revenue from mission-based business activities. From twenty interested organizations, two were selected as best fitting the criteria for developing Social Enterprise Health & Wellness initiatives that would provide the most relevant learning for other charitable organizations. Education & $6 Lifelong The full report Learning $4.5 Alison T. Love Eva Friesen Accelerating Social Enterprise Chair, Board of Directors President & CEO Faith & Religion $1.5 Environment & is now available at Animal Welfare $1.2 thecalgaryfoundation.org. To all Friends of the Foundation, we thank you and are truly inspired by your commitment to community. ANNUAL 011 011 2 2 REPORT VOLUNTEERS & STAFF GRANT ADVISORY COMMITTEES CORE COMMITTEES LEGISLATED COMMITTEE OF NOMINATORS Mayor, City of Calgary, CHAIR ARTS & HERITAGE ENVIRONMENT AUDIT Chief Justice, Court of Queen’s Bench (Calgary) Suzanne Boss Kitt Chanthaboune Ian Bourne Chancellor, University of Calgary Alan Castle Yasmin Dean Donald G. Cormack Chairman, Calgary Chamber of Commerce Sunny Delaney-Clark W.R.(Bill) Dickson Bev Foy, CHAIR Senior Bencher, Law Society of Alberta (Calgary District) W.R.(Bill) Dickson David Dunlop Gregory Lohnes Chris Downie Tian Everest, CHAIR Ruth Spetz Amanda Koyama Hamish Kerfoot Scott Timson CHAIRS OF THE BOARD Dr. J.W. Grant MacEwan 1955 - 1963 Donna Livingstone Jamie Major Howard P. Miller 1963 - 1965 Julia Melnyk John Mannix DONOR RELATIONS George Lancaster 1965 - 1970 Hieu Van Ngo Elizabeth Peters & PROFESSIONAL M. Ted Riback 1970 - 1973 Chima Nkemdirim, CHAIR Greg Shyba ADVISORS Ron H. Jenkins 1973 - 1975 Jasbinder Butalia Duncan A. Sim 1975 - 1976 CAMPUS CALGARY HEALTH & WELLNESS Dale Ens, CHAIR Holland Cameron 1976 - 1978 Brian Briggs Justin Brown Pierre Fournier Dr. Harry Cohen, C.M 1978 - 1979 W.R.(Bill) Dickson W.R.(Bill) Dickson Cheryl Gottselig W. Rees Taprell 1979 - 1982 Susan Lerner Chris Hsiung, CHAIR Ross Kobayashi Fred L. Fenwick 1982 - 1986 David B. Mitchell, CHAIR Zabin Jadavji Ken Little Ross F. Phillips, F.C.A. 1986 - 1991 Marlene Mulligan Murray Laverty Carl Scholz John C. Armstrong 1991 - 1994 Trish Savill Anne Lockwood Mike Skrypnek Ann McCaig 1994 - 1997 Anne Tingle Kirby Redwood Don Smith J. Bruce Dunlop, F.C.A. 1997 - 2000 Robert Sadée Dr. Ralph Strother, M.D. 2000 - 2002 CHILDREN, YOUTH Shane Smith GOVERNANCE Roy D. Boettger, Q.C. 2002 - 2004 & FAMILIES Donald G. Cormack Dean Prodan 2004 - 2006 Ross B. McNichol 2006 - 2008 Bernadette Alexander NEIGHBOUR GRANTS Gerald Deyell, CHAIR Tracy Beairsto W.R.(Bill) Dickson Dale Ens Donald G. Cormack 2008 - 2010 Trish Bond, CHAIR Jeff Loomis Ken Little Alison Love 2010 - W.R.(Bill) Dickson Bev Renaud Alison Love Lawrence Gervais Don Thurston Michael Maher HONORARY LIFE DIRECTORS Eileen Kwan DeeAnne Vonde, CHAIR Anne Tingle Edward M. Bredin, QC Ken Lima-Coelho Thao Vu V.L. (Doug) Hawkes Jason Sweeney GRANTS Ross F. Phillips, FCA Karam-Ali Talakshi ORGANIZATION Trish Bond Hayden E. Smith, CLU DEVELOPMENT W.R.(Bill) Dickson, CHAIR DARYL K. SEAMAN Gabrielle Arrizza Tian Everest CANADIAN HOCKEY FUND W.R.(Bill) Dickson Sherry Ferronato STAFF Cassie Campbell-Pascall Sherry Ferronato, CHAIR Chris Hsiung Ennien Ashbrook, Finance Assistant W.R. (Bill) Dickson Stephen Schroeder Chima Nkemdirim Céline Baril, Office Assistant & Reception Bill Hay Keith Seel Patti Pon Taylor Barrie, Communications Assistant Donald Seaman Ursula J. Wohlfarth Betty Schultz Julie Black, Citizen Engagement Associate Grace Chiu, Gifts & Estates Administrator Don Smith Note: the Chair of the Board Don Thurston Don Thurston, CHAIR and the CEO are ex officio DeeAnne Vonde Darlene Chrapko, Student Awards & Agency Funds Officer members of all committees Maria Dewaele, Executive Associate & Human Resources Officer EDUCATION & INVESTMENT Renée Fan, Accountant LIFELONG LEARNING Ali Bhojani Linda Ford, Events Coordinator Allan Baker Ian Bourne, CHAIR Janice Francey, Communications Specialist Cathy Cochrane Bev Foy Eva Friesen, President & CEO Cheryl Cohen Bob Gibson Janet Hails, Community Grants Associate W.R.(Bill) Dickson Blaine Lennox Lynn Jobe, Grants Assistant Terence Field Sandra Macenko Merkley Kerry Longpré, Vice President, Communications Ross Kobayashi John McCormick Craig March, Vice President, Finance Patti Pon, CHAIR OFFICE VOLUNTEERS Wes Peters Jantina Oosterhuis, Senior Officer, Gifts & Estate Planning Jessica Schneider Shirley Hesje Blake Walker Hope Oyesoro, Gifts & Accounts Payable Processor Anila Umar Catherine Kobayashi Laily Pirbhai, Vice President, Donor Engagement Bob White Ameera Ladak Dean Prodan, Vice President, Investments Note: The Chair of the Board and the Marie Stevens, Donor Grants Associate CEO are ex officio members of all committees Dan Thorburn, Vice President, Grants & Community Initiatives Susan Tyrrell, Donors Grants Assistant 2 THECALGARYFOUNDATION.ORG ANNUAL 011 011 2 VOLUNTEERS & STAFF UNIQUE ADVANTAGES REPORT 2 THE CALGARY FOUNDATION’S GUIDING PRINCIPLES COMMITMENT TO COMMUNITY SOPHISTICATED GIFT ADVICE focus on proactive community Our view of community issues and priorities We accept sophisticated and complex is independent and crosses many sectors. gifts and work with donors to ensure leadership, efficient We are a community convener transcending maximum tax benefits from each gift. investment stewardship and special interests. We reflect the interests of the community at large. INVESTMENT EXPERTISE community accountability. Our funds are invested by some of The Foundation’s long history BROAD PERSPECTIVE North America’s top financial advisors. We develop networks in a wide range of Through prudent investment practices, of strong community ties, sectors. We are well placed to make simple we strive to receive the best return at and powerful connections