HELPING YOU MAKE A LASTING DIFFERENCE.
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annual report 2014
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30 YEARS OF BUILDING COMMUNITY
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a sincere thank you for supporting a variety of important needs :
for assisting with our auditing needs :
Bingemans Inc. City of Kitchener City of Waterloo Civilian Printing Cober Evolving Solutions Communitech Conestoga College Institute of Technology and Advanced Learning Conestoga Mall David Johnston Research + Technology Park Decision.io Deloitte Hacienda Sarria Hahn Rentals Igloo Software Julia Weddings Kitchener Rangers Lyle S. Hallman Foundation Overlap Associates Perimeter Institute RBJ Schlegel Holdings Inc. Region of Waterloo School of Accounting and Finance, University of Waterloo Simpson Print Tim Hortons Tivoli Films University of Waterloo Uptown Waterloo BIA Walper Hotel WalterFedy Waterloo-Wellington Chartered Accountants Association Wilfrid Laurier University Williams Fresh CafĂŠ
KPMG LLP for supporting a variety of legal needs :
Miller Thomson LLP Norton Rose Fulbright Canada for assisting with our need for office and meeting space :
Family & Children’s Services of Waterloo Region KidsAbility Centre for Childhood Development KW Counselling Services Zehr Levesque Inc. for assisting us with media support :
570 News 91.5 The Beat CHYM FM CKWR Country 106.7 CTV News Kitchener DAVE FM Elmira Independent Exchange Magazine Faith FM K-Fun Kitchener Post KOOL FM Rogers Television SNAP Kitchener/Waterloo Waterloo Region Record Woolwich Observer
and a special thank you to our 2014 sponsors !
The KWCF Annual Report is printed with the generous support of Cober Evolving Solutions. 1
The KWCF Annual Report is produced with the generous support of Quarry Integrated Communications Inc.
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our mission The Kitchener and Waterloo Community Foundation improves the quality of life in Kitchener-Waterloo and area, now and for generations to come, by building community endowment, addressing needs through grant making and providing leadership on key community issues.
table of contents 1 2 3 4 5 6 9 10 11 14 15 16 19 22 24 27 28 33 35 37 38
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A Sincere Thank You Our Mission/Table of Contents A Message from the CEO Leadership in Action KWCF Volunteers Seizing an Opportunity for Our Future Responding to the Needs of our Youth Empowering our Future Leaders Caring Donors + Opportunity = Impact Waterloo Region’s Vital Signs ® Random Act of Kindness Day ® Engage!KW Celebrating 30 Years of Building Community Funds – Market Value Accumulated Donations 2014 Donations 2014 Grants 2014 Financial Report 2014 Condensed Financial Statements Our Foundation Staff Financial and Grant Charts
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a message from the ceo wow ! the 30 th anniversary of the kitchener and waterloo community foundation truly was a roaring success . it was an action - packed year , but we certainly would not have had it any other way for our milestone anniversary .
We kicked it off with our Town Hall meeting in May. With a focus on belonging, a record number of community members joined us at the Tannery. Brock Hart of Overlap Associates introduced “We Can Design Belonging,” a report commission by The Foundation to define belonging and what we need to achieve it in our community. The buzz in the room was like nothing we have ever experienced. We were delighted to hear the dialogue circulating in our community in the months that followed our Town Hall meeting. In September we were thrilled to host His Excellency, the Right Honourable David Johnston, Governor General of Canada, to celebrate our 30 years of building community. The dinner, supported by Bingemans, KPMG, the University of Waterloo, Simpson Print and RBJ Schlegel, was attended by our community’s top philanthropists, leaders, culture makers, volunteers and charitable partners. His Excellency set the stage for The KWCF’s new grants program by awarding 13 Caring Canadian Awards at the event. More details about this very special event can be found on page 19.
We continued the dialogue on belonging at the launch of the 2014 edition of Waterloo Region’s Vital Signs ®, a Priority Report focusing on the four key areas impacting our community. In this report, we took a deeper dive into the areas of Belonging & Leadership, Arts & Culture, Health & Wellness and Getting Started. We introduced a new format in 2014. The data was presented in an infographic style to make it more accessible to the community partners, leaders, donors, media and volunteers who use the report for strategic and philanthropic planning. You can learn more about the 2014 Priority Report on page 14. In the fall, we commenced the fifth year of the Engage!KW leadership program with a refined curriculum and recruitment process. The changes have already resulted in participants engaging at higher levels than in the past. Alumni engagement has also been a focus of the volunteer driven Advisory Group. See page 16 to read a story about one of our Engage!KW graduates. The year was capped off with the seventh celebration of Random Act of Kindness Day ®. The day featured remarkable leadership by the Waterloo Regional Police Service, the University of Waterloo, Conestoga College and the City of Waterloo. These organizations share our belief that Random Act of Kindness Day ® creates a greater sense of belonging in our community, one kind act at a time. See page 15 to learn more about what they did to celebrate kindness. In addition to the leadership programs and special events in 2014, we granted an all-time high of $2.9 million to 189 charities. New gifts to The KWCF reached over $1.3 million, bringing our total assets under management to $82 million. The KWCF would not be able to do all of this good work without the support of our volunteers, community champions and sponsors. We cannot thank you enough for believing in the work we do, and for making our community a better place to live, work, play and raise a family.
rosemary smith ceo
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leadership in action Throughout 2014, The KWCF Board worked tirelessly in a strategic capacity to review its policies, connect with its stakeholders and refine strategic directions, while balancing its fiduciary obligations. In May, the Board hosted an event to follow through on our commitment to connect with our owners, to listen and understand their perspectives, and to align our strategies for stronger outcomes. We define our owners as citizens in the communities we serve, who have demonstrated commitment to our community by stepping up and being counted through a gift of time, talent or treasure. At our Ownership Linkage event, we learned so much about the challenges and gaps facing our community, and more specifically, what the perceived obstacles are to belonging and how we can help to bring down the barriers. Another important outcome from the Ownership Linkage event was identifying the need to refine one of The Foundation’s strategic directions, or Ends, to increase the sense of belonging in the communities we serve. By the end of the year, our strategic work had already sparked changes across The Foundation’s programs to really make an impact in the area of belonging. Our role is not just to monitor compliance of The Foundation’s policies, we also sit on committees that guide The Foundation’s investment performance, manage the annual financial audit, and support identifying future Board leaders. These committees report to the Board frequently and work closely with the staff to maintain optimal organizational health. This year, the Board channeled the spirit of continuous learning and improvement. We underwent a self-evaluation process to improve our effectiveness, which included dialogue and activities targeting risk mitigation, human resources, branding and environmental scanning. In addition, Board representatives and the CEO travelled to the Council on Foundations conference to learn best practices from foundation colleagues across North America. Your Board is active, engaged and always striving in its actions and decisions to make a positive impact on the vital issues facing our community.
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2014 volunteer list board of directors
grants committee
engage ! kw committee
David Brenneman – chair Debbie Currie – vice chair Greg Barratt – past chair Ed D’Agostino Roger Farwell Brock Hart Dave Jaworsky Mike Murray Lori Payne Lynne Short Eric Strassburger
Peter Meier – chair Barb Hill – vice chair Penny Cleaver – past chair Lillian Bass Mary Ann Fleming Randy Gondosch Scott Harris Rita Hemmerich Pari Karem Jessica Kropf Earle McCormick Susan Quarry Erin Rudland Kristine Schumacher Isabella Stefanescu Judith Stephens-Wells Jessica Stockie Shawn Turner Dan Weber
Kourtney Beckman Ben Brown Julie Garner Dayna Giorgio Kristy Goss Gordon Hatt Ryan Huckle Paula Hutchison Jessica Kropf Laura Lawlor Bill MacTavish William Meloche Tamara Niesen Jordan Schmidt Jim Tigwell Yesenia Torres Matthew Trushinski Amy Tupling
audit committee
Ed D’Agostino – chair David Brenneman Blaine Hertzberger Lori Payne Mark Walters
leadership identification committee
Debbie Currie – chair David Brenneman Penny Cleaver Mandy Dennison Dave Jaworsky Idrisa Pandit
random act of kindness day ® committee
Nate Tedesco – chair Marilena Benak Ryan Connell Alexandra Hardy Yvan Lamoureux Glenn Marcus Tiffany Scott Jennifer Sharer JR Waddell youth in recreation committee
Shirley Redekop – chair John Cooper Debbie Dover Allan Enriquez Cheryl Ewing Victoria McFadden Nadine Mueller Amy Tupling Roly Webster
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investment committee
Eric Strassburger – David Brenneman Jason Daly Dennis Huber Dave Jaworsky Claude Macorin Tim Martin Larry Murray Robin Stanton Bryce Walker
nominating committee the nominating committee is mandated by
chair
the kitchener and waterloo community foundation ’ s act of incorporation and is responsible for appointing the foundation ’ s board of directors .
Murray Costello,
chair
greater kitchener - waterloo chamber of commerce
Brenda Halloran, for sharing their time and talent :
Canadian Blood Services Penny Cleaver Machelle Denison Downtown Kitchener BIA Grand Valley Construction Association Foodlink Waterloo Region Heart and Stroke Foundation Karen Gallant Jim Hallman Jason Hammond Jennifer King Ken Murray New Story Group Ingrid Pregel Ken Seiling Peter Sweeney Paul Sweeny Linda Terry The Working Centre Erik Traplin
mayor
city of waterloo
Ken Seiling,
chair
regional municipality of waterloo
Daniela Seskar-Hencic united way of kitchener waterloo and area
Carl Zehr,
mayor
city of kitchener
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seizing an opportunity for our future The KWCF’s founder, Walter Bean was a man of vision. He was a community-minded leader who was not afraid to think about the future and the potential of things to come. Walter Bean worked for Waterloo Trust for many years before overseeing the Henry Knell estate. It was what transpired from his involvement with the estate that would change the course of our community. The instructions for managing the Knell estate were clear: it was for the benefit of the entire community. Walter gathered a group of philanthropists to assist him in making decisions on where to gift the earnings from the estate. After several years, Walter recognized an opportunity for the estate to have a bigger, broader impact on the community. Around the same time, he heard about the successes of the London Community Foundation and the Winnipeg Foundation. He and a small group of his philanthropic advisors visited Winnipeg to learn about their model for philanthropy and were inspired. Walter wanted to ensure that people could invest in the future by creating something permanent that could continue to help the community grow, long after a person had passed. A community foundation was the perfect opportunity to make Walter’s vision of creating a permanent legacy for our community a reality. The Knell estate was legally transferred over and used to establish The KWCF, creating what we now know as the Community Fund. The organization Walter wanted to create would be thoughtful, responsive to the needs of the community, and an organization trusted by local philanthropists to handle their gifts with confidence. The Foundation was to be a considered choice, one that donors researched before partnering with us, but above all else, would be connected to our community. Since 1984, The Kitchener and Waterloo Community Foundation has grown and flourished under these guiding principles. We believe that Walter would be proud of the work we continue to do for our community now and in the future. www
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first office located in kitchener on king street
first town hall meeting was held in 1984 at the waterloo inn
$16,250 in grants
dispersed in our first year
the kwcf shared space with the united way from 1986 to 1993
grants dispersed reached
over $100, 000 in 1990
the kwcf moved to waterloo in 1993 REACHED $10 MILLION IN OWNED ASSETS IN 1993
$1 million in annual grants dispersed in 2001
the engage!kw program was established in 2006 waterloo region’s vital signs® REPORT DEBUTED IN 2007
random act of kindness day ® was first celebrated in 2008 reached $50 million in owned assets in 2010
the kwcf returned to kitchener in 2011 ORGANIZATIONS WE GRANTED TO IN 1984 AND STILL GRANT TO TODAY
k-w art gallery | k-w symphony | house of friendship | junior achievement | st. mary ’s general hospital
responding to the needs of our youth In our local high schools, students with mental health challenges are facing a harsh reality. If they don’t fit within specific guidelines of a diagnosis, they are left to fend for themselves, often resulting in chronic absenteeism, disconnecting from school and school-based activities, and eventually leading to a withdrawal from school altogether. Carizon Family and Community Services, in partnership with the Waterloo Region District School Board, received a grant from The KWCF to develop specialized programming to address the needs of these at-risk students. The program allows students to leave their home high school to receive educational support and clinical counselling for up to one school year. It used to exist in another form through the school board, but the partnership with Carizon activated a therapeutic shift in focus. Students are engaged in alternative education opportunities, and over time, re-build the trust and relationships that are often lost through their struggles with anxiety. This program creates a space for them to feel comfortable, and to engage and grow in ways that a traditional school setting might not foster. Following the program, students return to their home school with credits toward graduation and the skills needed to be open, positive and active members of their schools. These students are now becoming role models to their peers, diving headfirst into new-found passions and connecting more with their community. The KWCF recognizes that with some creativity, openness to collaboration and passion, a once stagnant program can be transformed into something that engenders belonging and makes a lasting difference in this community.
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empowering our future leaders The major issues affecting our communities, and our world, are not lost on today’s youth. They want to make a difference and take on these challenges, but they often feel ill-equipped and disconnected. Building on the “Me to We” concept, EPYC (Empowering Proactive Youth and Communities) designed a program to connect youth to community, provide them with mentoring opportunities and help them realize that their skills and ideas have value. To ensure the success of its program, the EPYC team wanted to test and evaluate the model before reaching out to the youth in our community. Funding for planning and evaluating can be difficult to secure, but the staff at The KWCF recognized a fit with two funds that resulted in a grant and validated the model EPYC wanted to use. The result is the Empowerment Workshop series, designed to focus on secondary students aged 13 -17 who are socially aware, passionate and active in our community. The workshops range in topic from harnessing passion, developing leadership and fostering social innovation. But The KWCF didn’t just provide funding. EPYC was given connections, encouragement and strategic assistance with social media to promote their workshop series. Partnering with The Foundation meant they were better able to set the stage for the workshop series. And the students? Workshop participants are given the knowledge, skills and tools to drive social change. They develop the confidence to find their voice so that they can sit at an existing community table or blaze a trail of their own.
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caring donor + opportunity = impact Meet Gary. He is a fan of NASCAR driver Tony Stewart and proudly shares how he once met him in person. He holds a full-time job at a local manufacturing company. He also enjoys reading and volunteering his time to support men just like him: men who have lost everything due to their addictions and are struggling to get back on their feet. Gary spends his evenings and weekends at the House of Friendship’s dry house. This particular dry house was made possible by the support of KWCF donors who were looking to make a difference. Because of their gift, an idea turned into a reality. When a donor reaches out to The KWCF, the future always gets brighter. Donors might be very specific in their desires to support one area, one organization, one program or one person. In this case though, the donors knew they wanted to focus on supportive housing, but they were not sure about how to make an impact. After a few discussions with The KWCF staff, it was agreed that The Foundation would reach out to the community and inquire about options that would impact supportive housing. The House of Friendship was one of the organizations that stepped up. When The KWCF shared the donor’s desire for impact, the House of Friendship’s Executive Director, John Neufeld, sought out the advice of his front line staff. After all, who better to identify an area of need? The House of Friendship’s front line staff knew about an area of priority identified by the Region of Waterloo years ago—an area that went unaddressed because of a lack of funding. The men, like Gary, who returned from addiction treatment, were left to integrate back into the community with little support. They often had no connections to family or friends, no positive social network, and had trouble finding full-time employment. In many cases, this led them back to their former lifestyle. The challenge was finding a way to support them during this transition period. gary
( standing )
with his mentor clarence
at a dry house in kitchener .
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Around this same time, the House of Friendship was approached by Stirling Avenue Mennonite Church. The Church had some vacant property that they wanted to put to good use. The idea of a dry house was conceived, and support for men in need became a possibility. The concept of a dry house was brought forward to The KWCF for the donors’ consideration. It would be a place for at-risk men to start new without all of the pressures of integrating back into the community. They would not only pay rent and take part in a clean and active household, but they would also build lasting relationships, and support one another in an environment free from the temptations of drugs and alcohol. The donors reviewed the proposal and quickly realized that this is what they wanted to support. They allowed the House of Friendship the time and flexibility to plan appropriately, and it made all of the difference. The staff was re-energized, and they developed a creative solution to a complex issue. What does this mean for Gary? The dry house is an opportunity to get past his worries and to start thinking of others. Gary knows that he is not alone, and he has shown that, given the opportunity, a disconnected man can become whole again as a productive member of our community—a community where he feels like he belongs, and where he can use his unique abilities to make a difference.
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®
In 2013, The KWCF launched the full report of Waterloo Region’s Vital Signs ® which took a high-level view of the areas challenging our community. Last October, The KWCF launched the 2014 edition of Waterloo Region’s Vital Signs®, a priority report with a more in-depth focus on the areas of Belonging & Leadership, Arts & Culture, Health & Wellness and Getting Started. Because we know that every challenge an individual faces in our community is only exacerbated by issues with access to personal transportation, a special focus on Getting Around was also included. The Priority Report reveals that, although our overall sense of community belonging is on the rise, those aged 20-34 still report a sense of belonging that is significantly lower than the remainder of the community. How do we get these people to feel like they matter? Did you know that 71.6% of residents who attend cultural events report a stronger sense of belonging in our community? Did you know that simply walking around your neighbourhood can increase your sense of belonging? Although we may not realize it all of the time, small interactions with one another can make a big impact on an individual’s sense of belonging. Since the launch of the Priority Report, The KWCF has been out in our community speaking about the importance of belonging. We understand and acknowledge that community members are faced with the very real challenges of housing, poverty and food security, but how can we improve the quality of life for individuals in need if we do not address the underlying issues that led them to be marginalized in the first place? In other words, we cannot simply supply housing or food, but we must work with the individuals to help them realize their value and importance to our community. To tackle the complex issues, those of us with the resources and skills to make a difference need to feel like we can make an impact.
to learn more about waterloo region ’ s vital signs ® , or to access the full data tables from the report , visit : www . wrvitalsigns . ca
We must work together to find a solution that will help individuals step up and be the change they want to see, and The KWCF is committed to reaching out to key stakeholders to educate and foster that change.
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random act of kindness day
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For the past seven years, Random Act of Kindness Day ® (RAK Day) has inspired Waterloo Region and other Canadian communities to engage citizens in small acts of kindness and generosity. This day is so special because it focuses on people. We get so busy in our day-to-day lives that sometimes we forget to think about the people around us. It is the missed opportunities for caring interaction that affect how we feel about one another, and about our community. Since the beginning, The KWCF and its dedicated volunteers have driven the local movement. Now RAK Day is about many individuals and organizations stepping up to find their own ways to impact the lives of others. This shift to community ownership of RAK Day means positive things for our community. It means we all see the value in being kind to one another and making sure that everyone feels like they belong. We are excited to have partners like the City of Waterloo, Conestoga College, the Township of Woolwich, the University of Waterloo and the Waterloo Regional Police Service, who have recognized the impact they can make inside their organizations and in the broader community. Late in the day, on November 7, a police officer from the Waterloo Regional Police Service reached out to a KWCF staff member to share his story. After participating in the RAK Day activities for the first time, he experienced something incredible. While working that day, he handed out Tim Horton’s gift cards to citizens. He was in awe of their reactions. For the first time in his long career, he truly felt that people saw him as a human being and not just a uniform. People saw him as a caring person, who wanted to take the time to make them feel special. Stories like this one are the driving force behind RAK Day and why we work so hard to spread kindness throughout our community. The KWCF is proud to partner with such dedicated organizations and volunteers, and encourages each and every person in this community to think about how they can help create a more empathetic and caring community, one random act of kindness at a time.
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to learn more about random act of kindness day ® or to get involved , visit www . kwcf . ca / kindness
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engage ! kw The KWCF started the current Engage!KW program in 2010 to build volunteer and philanthropic capacity for the future of our community. The intention was to increase the overall awareness of the social profit sector and of philanthropy, and build future community leadership capacity. When Amy Tupling first came to Waterloo Region, she had no network, except for her co-workers. Amy works for Pathways to Education, an organization dedicated to helping youth in low-income communities graduate from high school and successfully transition into postsecondary education. There she met Jason Shim, an Engage!KW graduate who encouraged her to apply to the program. After taking the time to settle into her new job, and a new home, Amy was excited to explore the community and find ways to give back. She realized the options were endless. After feeling a little overwhelmed, she was reminded about the Engage!KW program, and so she applied and was accepted.
The result of her journey was a new found network of peers and friends. Her decision to remain in the program resulted in connections that she can now call on for help, guidance and coaching, both personally and professionally. If you ask Amy, she is glad that the program did not turn out as she first expected, and that she was given the opportunity to participate. She wholeheartedly believes in Engage!KW and what it can do for our community’s emerging leaders, and she has even returned to be a part of the Advisory Group to help frame the program going forward. Because of Engage!KW, Amy can now call this Region home, a place where she and her peers can work together on a common goal—to make this community a better place to live, work, play and raise a family.
Fast forward to a few months later, after attending a few of the monthly sessions, Amy realized that Engage!KW was not quite what she expected, nor was it what she was looking for. Nonetheless, she decided to persevere and see where it would take her.
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the kwcf board sets strategic direction on belonging
$82 million
in managed assets
$34 million in grants since inception
115 engage!kw
graduates
the kwcf celebrates its 30 th anniversary
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plays host to the govenor general
the kwcf establishes smart and caring grants program
random act of kindness day速
trends across the nation ownership linkage
individuals are empowered
to make a difference
community steps up to take ownership
for the change they want to see
centre for community knowledge platform is a tool for philanthropy
community stories are shared
the kwcf is a knowledge hub
celebrating 30 years of building communit y On September 23, close to 350 community members joined The KWCF to welcome Their Excellencies the Right Honourable David Johnston, Governor General of Canada, and Mrs. Sharon Johnston back to Kitchener-Waterloo. The gala dinner was the feature event to celebrate The Foundation’s 30th anniversary. The timing of the event was perfect. Not only was The KWCF celebrating a special milestone, but The Foundation was about to announce our participation in a nation-wide community foundation movement called Smart & Caring Communities. Leading up to Canada’s 150th birthday, the Governor General challenged Canadians to imagine our country as it could be—a smart and caring nation where all Canadians can succeed, contribute and develop their talents to their fullest potential. The Governor General’s call to service has special meaning for community foundations because he is the patron of our network, Community Foundations of Canada. More importantly, his aspirations for our country mirror those of community foundations from coast to coast. For more than 90 years, Canada’s community foundations have dedicated themselves to building better places to live, work and play. We are ‘barnraisers’ by nature, bringing people and resources together to achieve a greater good. So when considering the contribution of community foundations to a ‘smart and caring nation’ the answer was clear: foundations can build smart and caring communities. That special night in September commemorated 30 years of hard work and lasting partnerships, as well as a new page in our history—our response to the Governor General’s call to action.
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during the event, their excellencies took the opportunity to honour 13 caring canadian award winners. honourees (L to R): mike farwell, mandy dennison, debora ritchie, john panabaker, kelly lovell, gezahgn wordofa, roger farwell, zigmund misiak, susan dalrymple, rosemary smith, tim jackson, jim erb and al green.
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the KWCF’ s new smart & caring grants program was established to empower community organizations to strengthen the sense of belonging in our community . the program will be rolled out over the next two years in three streams : vital grants , community grants and barnraising grants . vital grants
These larger, two-year grants are designed to ‘move the needle’ on the single most important issue facing Waterloo Region, as identified in Waterloo Region’s Vital Signs ® . The KWCF will commit $300,000 over two years and will challenge leaders to develop a uniquely local solution to build belonging in each of the five communities we serve: Kitchener, Waterloo, Wilmot, Woolwich and Wellesley.
smart & caring grants program
Community organizations, neighbourhood associations and charities from each of these geographic areas will be invited to collaborate and submit applications.
vital grants
community grants
These grants are an adaptation of what was known as the Community Fund. Community Grants are for projects that demonstrate impact in a single priority area as outlined in Waterloo Region’s Vital Signs ® .
community grants
For 2015, the focus is on Belonging. barnraising grants
barnraising grants
Rooted in our Mennonite heritage and inspired by the Governor General, these grants will invest in more entrepreneurial, capacity-building projects, and will be split into two streams: “Learning” Grants Acknowledging our local high-tech, start-up culture, these grants are exploratory and will drive charitable innovation within our community. Learning grants are designed to fund transformational projects, encouraging innovative and potentially revolutionary ideas.
More information on The KWCF’s updated grant programs can be found online at: www.kwcf.ca
“Change” Grants The Foundation first learned about the “creative destruction” cycle through its work with the Waterloo Region Resiliency Initiative. There comes a time in the lifespan of every organization when the board of directors and staff must realign their mission and mandate with the shifting needs of the community. Change grants will assist existing organizations in their efforts to remain relevant and effective.
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funds market value , as of december 2014 The “50” Plus Team Fund Alex Schmidt Memorial Fund The Alice (Braley) Judges – Walter Judges Fund Amy Hallman Snyder Award Fund Ann Frank Fund Anonymous Fund Anonymous Fund The Anonymous Fund Anselma House Endowment Fund Art Investment Fund Audrey and Gerald Moser Trust The Barry and Shirley Humphrey Fund Big Brothers of Kitchener-Waterloo Promise Scholarship Fund Big Sisters Endowment Fund Brenda and Peter Hallman Family Fund The Brian Fisher Family Fund The Brian Fisher Fund The Christine Fisher Memorial Student Award Fund The Nancy Paul-Fisher Memorial Fund Brush with Art Visual Arts Fund Bryce and Nancy Walker Family Fund Canadian Clay and Glass Endowment Fund The Charles E. Heller Fund Child Witness Centre – Balsillie Endowment Fund The Choices Fund The David and Eleanor Yach Family Fund David Clare & Susan Ferne Bender Family Fund Dorothy Shoemaker Literary Award Fund Douglas Brock Fund for Conservation & Music Dr. John D. Stewart Fund Emmerton Fund Erb & Good Family Funeral Home Community Fund Eric and Muriel Misch Family Fund Ernest Kendall Award Fund Esther Bingeman Gascho Fund The F. P. Schneider Memorial Fund Florence Louise Marsland Fund France-Anne Sweeny “Making A Difference” Fund
372,792 55,546 415,657 32,432 38,866 1,498 50,052 28,000 31,891 1,966 258,448 357,997 13,432 62,242 775,299 226,019
45,137 132,384 473,099 136,357 57,784 185,699 290,691 112,276 131,078 11,984 137,854 238,387 77,206 185,546 30,148 61,732 103,813 343,591 363,031
From A St. Jerome’s Boy Fund George Cluthe Fund Grand River Conservation Fund Greater KW Chamber of Commerce – Corporate Challenge Fund Harold and Gloria Chapman Family Fund Hartman and Brenda Krug Family Fund Helen and John Beynon Family Fund The Hilde English Memorial Fund Homer Watson House & Gallery Endowment Fund Horace and Rita Coelho and Family Unsung Hero’s Fund Hospice of Waterloo Region Endowment Fund The Howard G. Schneider Cancer Care Fund Hughraine Fund Intentions of A and M Fund James E. Lipskie Memorial Fund Jenkins Sauer Fund The Jim and Sandy Beingessner and Family Fund The Jim and Sue Hallman Family Fund John A. McLennan Family Fund The John A. Pollock Family Fund The John R. Robins Fund Junior Achievement Terry Burch Memorial Fund The Keith and Winifred Shantz Fund for the Arts Ken Murray Fund KidsAbility Foundation Endowment Fund The Kitchener-Conestoga Rotary Dream Home Fund The Kitchener Rangers Hockey Club Scholarship Fund Kitchener Sports Association Legacy Fund The KWCF Operating Endowment Fund Landmann Family Fund Lions Club of Kitchener Community Service Fund Lisa Schurter Memorial Fund Lonsdale and Roberta Schofield Fund The Lyle S. Hallman Fund The Mac Voisin Scholarship Series Marianne and Jim Erb Family Fund McMurtry Family Fund The Moe Norman Memorial Fund The Motz Family Endowment
500 243,683 38,906 169,948 80,549 84,967 25,193 49,059 40,075 31,641 14,902 76,620 891,838 168,038 11,502 26,453 387,997 793,502 318,408 6,089,834 119,596 39,975 3,375,701 731,284 825,992 277,151 537,805 185,458 149,597 1,010,613 35,667 10,052 647,994 1,589,273 72,262 68,696 741,130 171,790 1,489,827
note
Fund names in colour indicate a new fund in 2014. Bold indicates an umbrella fund, italics represent their corresponding sub-funds.
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funds market value continued Murray Fried Fund The Musagetes Fund Music Fund Nancy Borusiewich Fund NHLPA Dan Snyder Memorial Student Award Fund Ormston Family Fund Palliative Care Fund Parents for Community Living Robert Denomme Fund Paul Kuntz Legacy R. Jack Middlemass Memorial Scholarship Fund Retired Business & Professional Men’s Club of K-W Fund The Robert Caldwell Fund Rosalind & Dieter Kays Family Fund The Ryther Fund The Savvas & Lenia Chamberlain Fund School Sisters of Notre Dame Legacy Fund Scouts Canada - North Waterloo District Endowment Fund Sharon and Paul Good Fund The Spinnaker Fund St. Mary’s General Hospital Foundation Physician’s Endowment Fund Steffensen Family Fund The TD Bank Financial Group Employees Endowment Fund TD Canada Trust Merv Lahn Community Development Fund The Ted and Andrea Witzel Family Fund The United Way Forever Fund United Way Families and Children Fund United Way Capacity Fund United Way Rod Cleaver Memorial Fund United Way Seniors at Risk Fund United Way Susan Harkins Innovation Fund University of Waterloo Research and Technology Park Activities Committee Fund The Uptown Waterloo Jazz Festival Endowment Fund The Urie A. and Dorothy M. Bender Endowment Fund The Victoria D’Agostino Children’s Benefit Fund Victoria J. Suljak Memorial Fund Wagner Livock Fund The Walter A. Bean KWCF Scholarship Fund Walter and Florence Martin Endowment Fund Waterloo Region International Plowing Match 1995 and 2012 Fund The Waterloo Region Record Literacy Fund The Waterloo Region Record Lyle S. Hallman Foundation Kids to Camp Fund Westfall and Hill Family Fund Westmount Golf Club Charity Fund Westmount Golf Club Charity Fund Oktoberfest Charity Pro-Am Golf Tournament Fund Westmount Golf Tournament Charity Fund The William Roberts Family Fund The Woolwich Community Fund The Woolwich Community FundFountain of Memories Award WPL Endowment Fund WPL Summer Reading Club Fund Youth Advisory Council (YAC) Fund Youth in Recreation Fund – Ontario Endowment for Children and Youth in Recreation Fund YWCA Endowment Fund YWCA Mary’s Place Fund Zonta Club of Kitchener Waterloo Fund
23
240,069 9,559,310 134,160 18,092 123,309 324,070 277,496 85,213 119,691 107,780 27,081 14,254 79,019 77,832 277,465 341,899 54,615 72,016 1,272,951 91,649 316,943 50,209 656,307 45,883 2,276,004
171,467 46,177 81,703 152,987 58,291 34,607 96,700 124,300 416,187 118,780 1,856 346,831 726,876
14,679 276,937
219,963 48,914 1,114,236 1,765,794 28,966
THE COMMUNITY FUND Community Fund Stabilization Fund Community Fund Strategic Granting Fund
18,536,245
n a me d f u nd s i n t h e c o mm u n i t y f u nd
Dare Family Trust Keith Shantz Memorial Fund A. Edward Johnson BF Goodrich Foremen’s Club J. T. “Sam” Hill Fund Roy Ellsworth Jefferson Estate Fund Trillium Estates Limited Fund Gary F. Parker and Family Fund Brian & Irene Allison Fund Roland & Dae Harris Fund Kitchener Mayor and Council Fund Ross Edward Hahn Fund Gordon A. MacKay Fund Ross Arthur Bergey Ronald and Mabel Dalton Lisa McLean Memorial Fund Jonas Bingeman Fund M. Grace Schmidt Fund Howard Jasper Fund John M. Harper Fund Deer Ridge Golf Club Endowment Fund Pearl Weber Estate Kitchener Downtown BIA Bob and Georgina Wagner Keith and Bobbie Gummow Fund The William D. and Deen Smith Fund Robert Warren Learning Legacy James F. Robertson Fund
1,435,100 1,400,000 843,101 285,226 175,578 137,886 70,000 45,611 42,464 40,200 30,447 21,520 20,628 15,000 13,950 11,764 11,032 10,000 5,568 5,525 5,000 5,000 4,156 3,145 2,950 2,700 2,497 100
2014
/ annual report
donor-accumulated donations to december 31, 2013 over $5,000 donations over $10,000,000
Michael Barnstijn & Louise MacCallum
donors are the lifeblood of philanthropy in our
donations over $5,000,000
foundation we make it easy for people to build
community . at the kitchener and waterloo community a legacy of giving and support the causes they
John A. & Joyce Pollock
care about most .
donations over $1,000,000
the kwcf is very grateful for the confidence our
Anonymous Dare Family Trust Jim & Sue Hallman Lyle S. Hallman* Estate of Keith M. Shantz United Way of Kitchener Waterloo & Area YWCA Kitchener Waterloo donations of $500,000 - $999,999
Anonymous Brenda & Peter* Hallman Estate of A. Edward Johnson The Lyle S. Hallman Charitable Foundation Donald S. McMurtry Kenneth G. Murray Lonsdale* & Roberta Schofield Estate of Winifred Shantz Vermont Community Foundation donations of $250,000 - $499,999
Anonymous Jim & Sandy Beingessner BF Goodrich Foremen’s Club Ann E. Bradley Alex & Trish Brown Canada Trust Merv Lahn Community Development Fund Canadian Clay & Glass Gallery Savvas & Lenia* Chamberlain Economical Insurance Group Barry & Shirley Humphrey Estate of Walter Colin Judges KidsAbility Centre for Childhood Development Foundation Kitchener-Conestoga Rotary Club Kitchener Rangers Hockey Club Florence L. Marsland* Margaret A. Motz Paul J. & Catherine Motz Notre Dame Foundation (Burlington) Inc. Ontario Endowment for Children & Youth in Recreation Gert & Jean Steffensen Waterloo Region International Plowing Match Committee David J. Westfall Westmount Golf & Country Club
donors have in our ability to serve our community
—
now and in the future .
donations of $100,000 - $249,999
donations of $50,000 - $99,999
Anonymous David Clare & Susan Ferne Bender Alice E. Brown Canada Trustco Mortgage Company George Cluthe* Cober Evolving Solutions Community Foundations of Canada Estate of Thelma Emmerton The Brian Fisher Family Estate of Murray Fried Greater Kitchener-Waterloo Chamber of Commerce Estate of Charles Heller James T. (Sam)* & Jane G. Hill Estate of Roy Ellsworth Jefferson Irma Karley* Kitchener Sports Association Karin & Paul* Kuntz John A. & Carla McLennan Mersynergy Charitable Foundation Eric* & Muriel Misch Gerald P. & Audrey* Moser Estate of Murray H. (Moe) Norman Ian C. & Marguerite Ormston* Frederick* & Jane Schneider Keith M. & Winifred Shantz* Dorothy Shoemaker* Spaenaur Inc. Dr. John D. Stewart Sun Life Financial Trillium Estates Limited University of Waterloo - Research + Tech Park Activities Committee Bryce & Nancy Walker Waterloo Public Library The Waterloo Region Record David & Eleanor Yach
Anonymous “50” Plus Team Collin G. Baxter Walter A. Bean* Urie A. & Dorothy M.* Bender Big Brothers Big Sisters of Waterloo Region Harold* & Gloria Chapman Esther E. Gascho Paul & Sharon Good Keith L. Gummow* Dr. Dieter & Rosalind Kays Hartman H. L. & Brenda Krug Dr. Desta F. Leavine Estate of Stella Mann Manulife Financial Walter & Florence Martin Beverley L. Middlemass Oktoberfest Charity Pro-Am Golf Tournament Charles M. & Elaine Ormston Planned Parenthood Waterloo Region RBC Private Banking Estate of John R. Robins Irene Rooney Ross & Doris Dixon Charitable Foundation Betty Schneider French St. Mary’s General Hospital Foundation Estate of Eva Gladys Stoltz Dr. John Suljak & Dr. Ninetta Scolieri TD Bank Financial Group Toronto Foundation Estate of Ruth Werlich Ralph* & Hazel Westfall William H. Kaufman Inc.
* deceased there are several ways to give to the kitchener and waterloo community foundation . as a donor , you can choose the type of donation that best meets your financial needs and personal wishes . for more information about the types of gifts you can make to the foundation , please call (519) 725-1806 or visit our website at www . kwcf . ca .
www
.kwcf.ca
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donations of $25,000 - $49,999
Anonymous Brian & Irene Allison W. Donald & Irene Bean Dr. Michael & Gay Booth Douglas G. Brock J. F. Brooke Edward & Mary Brough Brush With Art Committee David & Lina Caputo City of Kitchener Conestoga College Mac Voisin Scholarship Series Ed & Martha D’Agostino Peter & Gisele Denommé Jim & Marianne Erb Erb & Good Family Funeral Home Ltd. First Echo Group Inc. Jack & Margaret Forbes* Ralph & Phyllis Forbes* Robert D. Frank Linda & Lloyd* Gower Grand River Conservation Foundation Wendy Hallman Susan Harkins* Estate of Roland A. Harris Homer Watson House Foundation Junior Achievement of Waterloo Region Inc. Estate of Henry Knell KPMG Foundation Lions Club of Kitchener Gordon A. Mackay* Mark-Milne Inc. William & Doreen Motz Dr. Peter H. Nash* & Ann Frank Ormston Family Charitable Foundation Estate of Marguerite Ormston Gary & Susan Parker Estate of Helen I. Pollock Harvey & Sandra Reid Estate of Ida K. I. Sanford Scouts Canada – North Waterloo District Peter & Elizabeth Sims Jeffrey D. & Jean Stacey Paul Sweeny & Marie-Josée Boily Sweeny Dr. David Taylor Uptown Waterloo Jazz Festival Inc. Karin W. E. Voisin The Walter Bean Grand River Community Trails Foundation The Winnipeg Foundation Ted & Andrea Witzel The Woolwich Community Fund Zehrs Markets Limited Zonta Club of Kitchener Waterloo donations $10,000 - $24,999
Anonymous John* & Marjorie Acheson Robert M. & Judith Astley ATS Automation Tooling System Inc. Jim & Heidi Balsillie Bell Canada Estate of Ross Arthur Bergey John & Helen Beynon Dora Bingeman Bingemans Inc. Boston Pizza Foundation Budd Canada Inc. 25
Robert C. Caldwell Centre For International Governance Innovation Child Witness Centre Of Waterloo Region Anthony Christie Penny Cleaver Cora Group Inc. Matthew Cowan & Inga Rinne Steven & Sandra Currie Ronald Dalton Leo & Laura Del Bel Deloitte LLP Dorothy M. Elliott Kevin & Teresa Elop John R. & Hilde* English Equitable Life of Canada Fashion Show Funds, Ontario Endowment for Children & Youth Michael & Carolyn Ann Fitzpatrick Patrick & Noreen Flynn Estate of Margaret Gwen Forbes Mike & Brenda Forristal Estate of Reginald J. Friesen William & Clare Fuller Estate of Raymond T. Gibney Mark & Jenny Guibert H. L. Staebler Co. Ltd. Murray & Merle Haase George Hahn Estate of Ross Edward Hahn John M.* & Mary Harper Highland Road United Church James & Sandra Hill Richard & Penny Hobson Gerald & Margie Hooper David & Judy Horman Christopher R. Howlett Roderick N. & Alberta Jack Timothy J. Jackson & Jane Arnold Howard* & Patricia Jasper Wilfred & Cathie Jenkins Arthur E. & Anna Jones Ernest Kendall* David M. Kerr & Sandra Walneck KidsAbility Centre for Child Development Dr. Robert M. Kilborn Jennifer King & Christopher McIntyre Kitchener Beverages Ltd. Kitchener Waterloo Civitan Club Bryce & Kelly Kraeker Mary & Robert* Kuntz Myra Lahn* Gary S. Levene & Deborah Eisenberg Brian & Shelley Lipskie David & Janice MacIntosh Jonathan MacNaughton Richard Manning & Holly Harkins Manning Maple Leaf Consumer Foods Inc. Adam & Noreen Marchand Mark Eamer Professional Corporation Larry & Margaret Marsland Bruce Martin John & Mary Ann* Martin Keith Martin & Jackie Hatherly-Martin Timothy & Nora Martin Mark & Helen McArdle Ian McLean Meridian Edge Consulting Richard G. Meunier* Paul* & Lucille Mitchell Marc & Lori Morin Gary & Karen Mottershead
Kevin P. Mullan Jacqui Murphy Dr. Warren & Mary Ober Oldfield, Greaves, D’Agostino Ontario Plowmen’s Association J. Terence* & Margaret Osbourne David Paleczny & Mary Reynolds David & Joan Petras John & Ruth Pratten Ingrid Pregel Programmed Insurance Brokers Alan & Susan Quarry Philip & Carole Rason James F. Robertson Robert W. Rombough Brian & Mary Ann Ruby Estate of Martha Grace Schmidt Edward W. Schooley Schorn Consultants Inc. Karen Scian Estate of Carol Winifred Shields Glenn E. Smith Rosemary W. Smith Daintry Snyder Tim & Teresa Sothern Bryan & Joan Stewart Robert L. Strouth* Swenco Limited The Regional Municipality of Waterloo Elizabeth & Keith* Thomas Bertha Thompson Scott Uffelman Lorne Underwood* United Way of Cambridge and North Dumfries Vantage Wealth Management Frank Voisin Mac Voisin Karl H. Wahl* Waterloo Lions Club Waterloo Manufacturing Company Limited Peter & Tracey Weiler Women’s Crisis Services of Waterloo Region Nola Young Zehr Management Inc. Ziggy’s Cycle & Sport Ltd. Vivian Zochowski donations of $5,000 - $9,999
Anonymous Randy Adams Steve & Vera Aldersley Greg Barratt BDO Dunwoody LLP G. Robert & Noreen* Blake The BLM Group Inc. BMO Employee Charitable Foundation Andrew & Andrea Bocking T. Larry Bourk Ed* & Eleanor Brubaker Dr. William & Trudy Bryant David & Millie Buehlow R. M. Buie William S. & Ursula Carter Christie Digital Systems Canada Inc. Chubb Insurance Company of Canada Cloverleaf Foundation Horace & Rita Coelho Coldwell Banker Peter Benninger Realty Conestoga-Rovers & Associates Ltd.
2014
Manfred & Penny Conrad Cowan Benefits Consulting Don* & Marilyn Craig Crawford Adjusters Canada Inc. Crompton Co. Mary D’Alton Eleanor M. Davidson Neil & Heidi Davidson Deer Ridge Charity Golf Tournament Steve & D’Arcy Farlow Gerald & Marg Finnen Nyle H. Futher Mike & Dianne Galbraith Raymond T. Gibney* Rodney N. Goetz Gowling Lafleur & Henderson LLP Dorothy Greb H M Advisors Inc. H. B. Gordon Education Foundation Arthur H. Hahn* Jac N. & Kusum Hanemaayer Paul G. Haslam Estate of Martha M. Hauck Donald & Jo-Anne Haycock William R. Henderson* William Herzog* Hi-Tech Hockey League Hogg Fuel & Supply Suzanne Hyatt Imasco Limited Joseph E. Seagram & Sons Ltd. James & Lee Kay John & Sandy Kendall Kitchener-Waterloo Oktoberfest Iain Klugman Carl* & Jean Knell Heather & James Lackner George W. Lange Lear Corporation Canada Ltd. Stephen Lindt & Diane B. Wolfenden Linwood & District Lions Club Michael J. Marshman Marion Martin Dr. Greg & Leslie Mason Gytis T. Matulus & Jean L. Hein Harvey Ian McIntosh McNeil Consumer Healthcare Miller Thomson LLP William A. Moeser* Corinne Moffatt Larry E. Murray Netwerx Media Solutions Inc. Ontario Die International Ontario Seed Co. Limited Avvey Peters & David Drewe Thomas & Margot Pick Pollock and Williams Limited Dr. Ronald Pond Cameron Redmond Retired Business & Professional Men’s Club Richard Ivey Foundation Gordon & Jean Riedlinger Trent Robinson Craig Robson Frank Rovers Royal Trustco John W. Rumpel* S. G. Cunningham (Kitchener) Limited S-S Technologies Sandvine Incorporated Edward G. Schafer Ron Schwark
/ annual report
Harold F. Snyder* Wayne & Terry Snyder Lindsay & Louise Somerville Dr. Donald Spink Donald S. Sykes* Gerald & Susan Taylor The Robert and Judith Astley Family Foundation Ellen Todd Anne Trussler David & Kitty Uffelmann Terry & Tatyanna van Lenthe Elizabeth Walter Barb & Robert L.* Warren Alistair & Alison Watson Don E.* & Catherine Weaver Janice & John* Weber Estate of Pearl Weber Weber Supply Company Larry Williamson Duncan & Harriet Winhold Words Worth Books Limited John & Julie Wynen legacy leaders
Anonymous (28) Brian & Irene Allison Mary Bales* Ellen Baynton Walker Urie A. Bender Esther Bingeman Gascho Fred & Dora Mae Blayney Douglas G. Brock Alice E. Brown Mary Buhr Penny Cleaver Keith Gummow* Carl & Joyce Heck John Hesse Gerald A. Hooper James Hummel Wayne & Diane Moser Kenneth G. Murray Lois Norris & Leonard VanWonderen Milne & Mary Louise Oakes Alan Quarry James F. Robertson Edward Rooney Irene Rooney Ross & Doris Dixon Charitable Foundation Karen Scian William D. & Deen Smith John Thompson & Brenda McTearnen David P. Uffelmann Karin W. E. Voisin Bob* & Georgina Wagner Dennis & Beverley Watson Rob & Michelle Way David J. Westfall
helping you do good work ... forever community foundations provides a simple , powerful , and highly personal approach to giving . we offer a variety of giving tools to help people achieve their charitable goals . we are here to help you support the issues you care about the most. we can :
work with you to develop
help you understand your
connect you with people
help you involve your family
provide insight and advice
a tailored approach to giving that meets your philanthropic dreams .
choices for giving
–
whether
you ’ re prepared to give now or as part of your estate .
and organizations with similar interests .
in establishing a tradition of giving that will pass on to
future generations .
on community issues and opportunities .
we also work alongside professional advisors to help them meet their client ’ s philanthropic goals . find out more about how you can support the causes you care about and make a lasting difference . visit our website at www . kwcf . ca , or call our office at (519) 725-1806.
www
.kwcf.ca
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2014 donations
hundreds of people from all walks of life donate to the kitchener and waterloo community foundation each year . these generous gifts enable the foundation to support the important work being done by our local charitable organizations . the following are donations received in 2014 of over $100:
Brian & Irene Allison Matt Austin Bradley & Jennifer Ball Greg Barratt Scott Bartle Guy Belanger David Clare & Susan Ferne Bender John & Helen Beynon G. Robert & Noreen* Blake Dr. Max & Lynn Blouw R. Lessard Boily Dr. Michael & Gay Booth Boston Pizza Foundation John & Susan Bowden Graeme Bowie Douglas G. Brock Edward & Mary Brough Alex & Trish Brown Alice E. Brown Jim Brubacher Dr. William & Trudy Bryant C3 Group Inc. Robert C. Caldwell James & Tara Chmiel Christie Digital Systems Canada Inc. City of Kitchener Cober Evolving Solutions Bruce Cochrane Horace & Rita Coelho John Colantonio Conservative Business Association of Waterloo Region David & Lidia Cormier Saundra Cullen Eleanor M. Davidson D’Arcy & Sandy Delamere Peter & Gisele Denomme Sherman Desouza Dr. Mitra & Paul Doherty John Doherty Downtown Community Centre Downtown Kitchener BIA John Easton Kathleen Elgie Craig Emptage Walter Enns Erb & Erb Insurance Brokers Ltd. Estate of Keith M. Shantz Evenholme Investments Facility Solutions Group, Inc. Gerald & Marg Finnen The Brian Fisher Family Michael & Carolyn Ann Fitzpatrick Patrick & Noreen Flynn Jennifer Forristal Fully Dressed Inc. George and Asmussen Limited Masonry Contractors Rodney N. Goetz Paul & Sharon Good Peter Griffis Keith L. Gummow*
27
Walter & Jean Hachborn Jim & Sue Hallman Marilyn Harder Brock Hart & Emily Robson Paul G. Haslam Derek Henderson Fred Henderson Phil Hennelly Manfred & Ute Hilgers James & Sandra Hill Jane G. Hill Home Hardware Stores Ltd. Gerald & Margie Hooper Hospice of Waterloo Region Julie Jacques Dave Jaworsky Wilfred & Cathie Jenkins Mary Keller David Kerr Jennifer King & Christopher McIntyre Bryce & Kelly Kraeker Mary Kuntz K-W Senior Gyro Club Dr. Desta F. Leavine Lions Club of Kitchener Tom Little Chris & Leanne Long Kerry Long & Sandra Roy Paul Lula David & Janice MacIntosh Claude Macorin Manulife Financial Dr. Greg & Leslie Mason Mark & Helen McArdle Katie McDonald Chris McLean Ian McLean Jan McLean Omar McLean John A. & Carla McLennan Gordon McMillan Mersynergy Charitable Foundation Beverley L. Middlemass Muriel Misch Cheri Monteith Gary & Karen Mottershead Margaret A. Motz Kevin P. Mullan Jacqui Murphy Kenneth G. Murray Larry E. Murray Stanley & Donna Nahrgang Dan Neilson Mike Nellich Susan Neufeld Stephen Ngai Dr. Warren & Mary Ober Helmut Oberlander ON Communication Inc. David Paleczny & Mary Reynolds Gary F. & Susan K. Parker Steven & Trina Parker
Thomas & Margot Pick John A. & Joyce Pollock Programmed Insurance Brokers Alan & Susan Quarry Quarry Integrated Communications Inc. Dr. Joy S. Roberts & Douglas McMullen Gordon Robertson Peter Roe Robert W. Rombough Michael & Pauline Ronzio Ross & Doris Dixon Charitable Foundation Matthew Rowlands Sandvine Incorporated Betty Schneider French Joan A. Schurter Ken & Kathryn Seiling Peter Senst Kareem Sethi Brendan M. Sheehan Barbara Sichewski Glenn E. Smith Kathleen M. Smith & Ray Teed Rosemary W. Smith Tim & Teresa Sothern Spaenaur Inc. Marie Stauch-Sweeny Ivan Stimac Gordon & Joyce Strauss Anna Suljak Drs. John Suljak & Ninetta Scolieri Sun Life Financial Paul Sweeny & Marie-JosĂŠe Boily Sweeny TD Canada Trust Tenzing Communications Inc. The Lyle S. Hallman Charitable Foundation The Probus Club of Kitchener-Conestoga The Waterloo Region Record The Winnipeg Foundation David & Kitty Uffelmann W. Scott Uffelman Bruce H. J. Underwood United Way Kitchener Waterloo & Area Vantage Wealth Management Helen M. Wagner Bryce & Nancy Walker Mark G. Walters Waterloo Region Mixed Slo-Pitch League Alistair & Alison Watson Mark & Miriam Weber David J. Westfall Ralph* & Hazel Westfall Duncan & Harriet Winhold Diane B. Wolfenden & Stephen Lindt Charles & Jill Wright Dr. Peter & Judith Wyshynski Andrew & Kathryn Yorke YWCA Kitchener Waterloo Zonta Club of Kitchener Waterloo
2014
2014 grants
/ annual report
awarded community fund
African-Canadian Association of Waterloo Region and Area Alternatives Inc. Capacity Waterloo Region Carizon Family and Community Services Cherry Park Neighbourhood Association Coalition of Muslim Women of KW Community Justice Initiatives of Waterloo Region Drayton Theatres Inc. Grand Philharmonic Choir Grandview Public School HopeSpring Cancer Support Centre House of Friendship of Kitchener John Howard Society of Waterloo-Wellington KidSport Kitchener Waterloo, a Committee of The KW Sports Council Kitchener-Waterloo Chamber Orchestra Kitchener-Waterloo Counselling Services Incorporated Kitchener-Waterloo Counselling Services Incorporated – Filipino-Canadian Association of KW Kitchener-Waterloo Counselling Services Incorporated – Najda Now Kitchener-Waterloo Multicultural Centre Inc. Kitchener-Waterloo Multicultural Centre Inc. – ShamRose for Syrian Culture Kitchener-Waterloo YMCA K-W Working Centre For The Unemployed Lisaard House Charitable Foundation Lutherwood Child and Family Foundation Neruda Productions Reaching Our Outdoor Friends (Kitchener) Social Planning Council of Cambridge & North Dumfries Social Venture Partners Waterloo Region Supportive Housing of Waterloo The Kitchener and Waterloo Community Foundation The Kitchener-Waterloo Symphony Orchestra Association Inc. Tutoring Beyond Borders
3,000 25,350 10,000 127,133 25,350 15,350 19,025 25,350 3,850 2,700 125 3,500 26,150 350 13,350 10,350 3,000
51,910 3,000 8,175 27,325 12,500 9,285 10,125 350 10,000 25,000 6,400 117,515 25,350 14,700
Anonymous House of Friendship
50,052
Alex and Trish Brown Family Fund Community Support Connections – Meals On Wheels and More Grand River Conservation Foundation Hospital Family Houses of Ontario Kinbridge Community Association Kitchener-Waterloo YMCA Social Venture Partners Waterloo Region United Way Kitchener Waterloo & Area Waterloo Region Family Network
3,333 2,500 2,000 1,000 21,667 5,000 10,500 1,000
2,000
Audrey and Gerald Moser Trust Carmel of St. Joseph KidsAbility Centre for Child Development Foundation Kitchener-Waterloo Counselling Services Incorporated St. Louis Parish St. Mary’s General Hospital Foundation Kitchener-Waterloo
www
.kwcf.ca
1,000 6,475 200 13,950 6,475
Brian Fisher Family Fund The Brian Fisher Family Fund Grandview Public School The Christine Fisher Memorial Student Award Fund University of Waterloo The Nancy Paul-Fisher Memorial Fund Women’s Crisis Services Of Waterloo Region
1,600 3,800 4,300
Bryce and Nancy Walker Family Fund Grand River Hospital Foundation YWCA Kitchener-Waterloo
2,000 1,600
The David and Eleanor Yach Family Fund Carizon Family and Community Services Strong Start Charitable Organization
5,250 5,250
3,000
donor advised funds
Alex Schmidt Memorial Fund Carizon Family and Community Services
Brenda and Peter Hallman Family Fund KidSport Kitchener Waterloo, a Committee of The KW Sports Council Kitchener-Waterloo YMCA Rockway Mennonite Collegiate Supportive Housing of Waterloo United Way Kitchener Waterloo & Area
1,200 2,200 1,000 1,500 3,500
David Claire & Susan Ferne Bender Family Fund HopeSpring Cancer Support Centre Hospice of Waterloo Region House of Friendship of Kitchener KidsAbility Centre for Child Development Foundation K-W Working Centre For The Unemployed Lisaard House Charitable Foundation Marillac Place St. Mary’s General Hospital Foundation Kitchener-Waterloo
1,000 250 500 500 500 100,000 850 500
Dr. John D. Stewart Fund Junior Achievement Of The Waterloo Region Inc.
5,000
Erb & Good Family Funeral Home Community Fund HopeSpring Cancer Support Centre Lisaard House Charitable Foundation
1,350 1,350
Eric and Muriel Misch Family Fund Lissard House Charitable Foundation
4,300
Florence Louise Marsland Fund KidsAbility Centre for Child Development Foundation The Kitchener-Waterloo Symphony Orchestra Association Inc.
6,200 6,200
Harold and Gloria Chapman Family Fund Community Support Connections – Meals On Wheels and More HopeSpring Cancer Support Centre Lisaard House Charitable Foundation The Kitchener-Waterloo Symphony Orchestra Association Inc.
1,000 800 1,000 500
Hartman and Brenda Krug Family Fund St. Mary’s General Hospital Foundation Kitchener-Waterloo
3,100
The Hilde English Memorial Fund Community Support Connections – Meals On Wheels and More The New Quarterly Literary Society Inc. Wilfrid Laurier University
200 500 1,000
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Hughraine Fund Amnesty International Canadian Section Canadian National Institute for the Blind Canadian UNICEF Committee Canadian Warplane Heritage Elora Pastoral Charge Engineers Without Borders Canada Farm Radio International Guelph-Wellington Women In Crisis Hamilton Health Sciences Foundation Kitchener-Waterloo Access-Ability Street Kids International The Kitchener-Waterloo Symphony Orchestra Association Inc. The Leprosy Mission Canada The Ontario Educational Communications Authority (TVOntario) World Federalist Foundation
5,310 7,965 5,841 531 4,779 2,124 1,062 1,593 1,593 5,841 5,310 531 5,310 1,593 3,717
John A. McLennan Family Fund Amici Camping Charity Grand River Hospital Foundation Waterloo Regional Down Syndrome Women’s Crisis Services Of Waterloo Region
7,100 1,500 1,000 4,000
Nancy Borusiewich Fund Toronto Brigantine Inc. The “50” Plus Team Fund Children’s Wish Foundation KidsAbility Centre for Child Development Foundation Nutrition For Learning Inc. The Barry and Shirley Humphrey Fund St. Mary’s General Hospital Foundation Kitchener-Waterloo The Jim and Sandy Beingessner and Family Fund Capacity Canada Chalice (Canada) Elora Community Theatre Equestrian Order of Holy Sepulchre of Jerusalem Lieutenancy of Eastern Canada Grand River Conservation Foundation Guelph Community Foundation Guelph Youth Singers Junior Achievement Of The Waterloo Region Inc. Our Lady of Lourdes Parish Right to Life Association of K-W & Area St. Jerome’s University The Kitchener-Waterloo Symphony Orchestra Association Inc. The May Court Club Of Kitchener-Waterloo United Way Kitchener Waterloo & Area The Jim and Sue Hallman Family Fund 3D Brain + City of Kitchener KidsAbility Centre for Child Development Foundation Rockway Mennonite Collegiate The John A. Pollock Family Fund Cambridge & North Dumfries Community Foundation Cambridge Memorial Hospital Foundation Covenant House Toronto Creative Waterloo Region Services Organization Drayton Theatres Inc. Grand River Conservation Foundation Junior Achievement Of The Waterloo Region Inc. St. John’s Kilmarnock School 29
600
2,400 4,500 4,500
13,000
1,000 350 2,500 750 500 500 300 2,000 1,400 200 1,500 1,500 500 1,000
3,500 1,000 11,800 10,000
11,500 50,000 1,500 10,000 5,000 4,000 7,400 15,000
St. Mary’s General Hospital Foundation Kitchener-Waterloo The Kitchener-Waterloo Art Gallery The Kitchener-Waterloo Symphony Orchestra Association Inc. The Perimeter Institute for Theoretical Physics University of Waterloo Waterloo Region Museum and Historic Site Waterloo (Joseph Schneider Haus) Wilfrid Laurier University Ken Murray Fund Grand River Conservation Foundation Guelph Chamber Choir K-W Working Centre For The Unemployed Lisaard House Charitable Foundation Shaw Festival Theatre Foundation Canada Stratford Shakespearean Festival of Canada The Kitchener-Waterloo Symphony Orchestra Association Inc. Three Centuries Festival – Elora Festival United Way Community Services of Guelph & Wellington University of Guelph University of Waterloo Wilfrid Laurier University K-W Corporate Challenge Fund Lutherwood Child And Family Foundation Landmann Family Fund Calcutta Rescue Canada HopeSpring Cancer Support Centre Hospice of Waterloo Region KidSport Kitchener Waterloo, a Committee of The KW Sports Council KW Access-Ability Lost & Found Theatre Inc. Parents For Community Living Kitchener-Waterloo Inc. Strong Start Charitable Organization The New Quarterly Literary Society Inc. Volunteer Action Centre of Kitchener-Waterloo And Area Inc. Waterloo Community Arts Centre Waterloo Region Museum and Historic Site Waterloo (Joseph Schneider Haus) Waterloo Wellington Children’s Groundwater Lonsdale and Roberta Schofield Fund K-W Working Centre For The Unemployed Planned Parenthood Waterloo Region Reaching Our Outdoor Friends (Kitchener) Scouts Canada – Central Escarpment Council
5,200 3,000 3,500 10,000 8,000 10,000 75,000
2,000 1,500 2,000 5,000 2,000 3,000 12,000 5,000 2,000 4,500 2,000 8,000
6,200
2,000 1,150 2,000 2,000 2,000 6,000 2,000 5,000 3,000 2,000 2,000 10,000 5,000
5,000 3,400 5,000 10,000
Marianne and Jim Erb Family Fund Grandview Public School Hillcrest Mennonite Church Mennonite Coalition For Refugee Support Silver Lake Mennonite Camp Inc.
250 750 1,000 500
McMurtry Family Fund Engineers Without Borders Canada Kitchener-Waterloo YMCA Ontario Nature Rare Charitable Research Reserve Scientists in School Strong Start Charitable Organization United Way Kitchener Waterloo & Area
5,000 7,000 2,000 1,000 1,000 4,800 6,000
2014
The Motz Family Endowment K-W Working Centre For The Unemployed Lisaard House Charitable Foundation Reaching Our Outdoor Friends (Kitchener) Strong Start Charitable Organization The Coalition for the Success of African-Caribbean Canadian Youth
10,000 18,000 8,000 5,000 4,000
The Musagetes Fund ArtsSmarts Waterloo Region Canadian Clay and Glass Gallery in Waterloo Contemporary Art Forum Kitchener & Area (CAFKA) Grand Philharmonic Choir Lisaard House Charitable Foundation Lutherwood Child And Family Foundation Open Ears Festival of Music & Sound Pat the Dog Playwright Development Centre Planned Parenthood Waterloo Region Rare Charitable Research Reserve The Centre In The Square Inc. The Kitchener-Waterloo Art Gallery The Kitchener-Waterloo Symphony Orchestra Association Inc. The MT Space The New Quarterly Literary Society Inc. The Perimeter Institute for Theoretical Physics THEMUSEUM Of Ideas Transcending Objects Volcano Non-Profit Productions Inc. Ormston Family Fund Canadian Cancer Society, Ontario Division Heartwood Place KidsAbility Centre for Child Development Foundation Project Helping Orphans for the Pupose of Eternity
2,500 10,000 30,000 1,500 10,000 15,000 20,000 2,500 3,400 120,000 15,000 30,000 20,000 20,000 3,000 10,000 20,000 10,000
2,000 1,500 6,000 2,500
Paul Kuntz Legacy Grandview Public School Kitchener-Waterloo YMCA K-W Working Centre For The Unemployed Lisaard House Charitable Foundation Reaching Our Outdoor Friends (Kitchener)
500 1,000 1,000 1,000 800
The Robert Caldwell Fund Grand River Conservation Foundation University of Waterloo
300 200
Rosalind & Dieter Kays Family Fund K-W Working Centre For The Unemployed St. Mary’s General Hospital Foundation Kitchener-Waterloo Strong Start Charitable Organization
500 1,500 500
The Ryther Fund Capacity Waterloo Region
2,800
The Savvas & Lenia Chamberlain Fund KidSport Kitchener Waterloo, a Committee of The KW Sports Council
/ annual report
Steffensen Family Fund Bruyere Foundation Grand River Hospital Foundation The Kitchener-Waterloo Symphony Orchestra Association Inc. United Way Kitchener Waterloo & Area The TD Bank Financial Group Employees Endowment Fund Autism Services Waterloo Region HopeSpring Cancer Support Centre
1,000 1,000 1,500 8,000
850 850
The Ted and Andrea Witzel Family Fund KidSport Kitchener Waterloo, a Committee of The KW Sports Council
1,700
University of Waterloo Research and Technology Park Activities Committee Fund KidSport Kitchener Waterloo, a Committee of The KW Sports Council
5,000
The Urie A. and Dorothy M. Bender Endowment Fund House of Friendship of Kitchener
3,000
The Victoria D’Agostino Children’s Benefit Fund The Kitchener-Waterloo Bilingual School Waterloo Education Foundation Inc. Waterloo Region Catholic Schools Foundation Inc.
364 3,407 1,687
Walter and Florence Martin Endowment Fund Lisaard House Charitable Foundation Lutherwood Child And Family Foundation
2,500 2,000
Westfall and Hill Family Fund Community Support Connections – Meals On Wheels and More Historic St. Paul’s Lutheran Church
6,000 5,300
Westmount Golf Charity Fund Westmount Golf Charity Fund K-W Working Centre For The Unemployed Westmount Golf Tournament Charity Fund K-W Working Centre For The Unemployed Westmount Golf Charity Fund Oktoberfest Charity Pro-Am Golf Tournament Fund Big Brothers Big Sisters of Waterloo Region The William Roberts Family Fund St. Mary’s General Hospital Foundation Kitchener-Waterloo
500 16,300
9,500
500
10,100
Sharon and Paul Good Fund Grace Lutheran Church Lisaard House Charitable Foundation
1,500 1,000
The Spinnaker Fund Community Justice Initiatives of Waterloo Region Schlegel-UW Research Institute for Aging
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16,100 30,000
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designated funds
Amy Hallman Snyder Award Fund Arts Awards Waterloo Region Canadian Clay and Glass Endowment Fund Canadian Clay and Glass Gallery in Waterloo
1,200
17,000
The Keith & Winifred Shantz Fund for the Arts Canadian Clay and Glass Gallery in Waterloo Pat the Dog Playwright Development Centre The Kitchener-Waterloo Symphony Orchestra Association Inc. University of Waterloo
45,000 4,900 25,000 30,000
57,300
The Charles E. Heller Fund St. John’s Evangelical Lutheran Church
4,900
The Lyle S. Hallman Fund Wellesley and District Lions Club
The Choices Fund Planned Parenthood Waterloo Region
6,700
Music Fund Kitchener-Waterloo Chamber Orchestra
4,800
Dorothy Shoemaker Literary Award Fund Kitchener Public Library
4,700
Ontario Endowment for Children and Youth in Recreation Fund Bluevale Collegiate Institute Family & Children’s Services of the Waterloo Region Highland Stirling Community Group House of Friendship of Kitchener Independent Living Centre Of Waterloo Region Kitchener-Waterloo YMCA Reception House – Waterloo Region The MT Space Township of Wilmot Wellesley and District Lions Club Wilfrid Laurier University
3,000 5,452 1,749 8,000 3,751 4,000 3,648 4,000 1,000 3,000 2,500
Emmerton Fund Alzheimer Alzheimer Society Waterloo Wellington
800
Emmerton Fund Heart & Stroke The Heart and Stroke Foundation
900
Emmerton Fund Hospital Equipment Grand River Hospital Foundation
6,100
Emmerton Fund House of Friendship House of Friendship of Kitchener
800
Esther Bingeman Gascho Fund House of Friendship of Kitchener The F. P. Schneider Memorial Fund The Kitchener-Waterloo Symphony Orchestra Association Inc.
2,200
2,700
Intentions of A and M Fund Carmel of St. Joseph
6,000
Murray Fried Fund City of Kitchener Scouts Canada – Central Escarpment Council –11th Scout Group Scouts Canada – Central Escarpment Council – Camp Everton
4,350 2,175 2,175
St. Jacobs Farmers Market Vendor Relief Fund Township of Woolwich
Art Investment Fund Social Venture Partners Waterloo Region
187,230
15,100
400
Brush with Art Visual Arts Fund Createscape Waterloo Region
1,600
Douglas Brock Fund For Conservation & Music The Grand River Jazz Society Corp.
1,000
George Cluthe Fund Community Support Connections – Meals On Wheels and More
8,800
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7,500 4,900
Waterloo Region International Plowing Match 1995 and 2012 Fund Bereaved Families Of Ontario – Midwestern Region Community Support Connections – Meals On Wheels and More J. Steckle Heritage Homestead KidSport Kitchener Waterloo, a Committee of The KW Sports Council Lutherwood Child And Family Foundation Marillac Place
3,000 2,000 2,450 2,150 3,000 1,600
The Waterloo Region Record Literacy Fund Carizon Family and Community Services Kitchener Public Library
3,000 2,300
The Waterloo Region Record Lyle S. Hallman Foundation Kids to Camp Fund Animal Welfare Agency South Central Ontario Big Brothers Big Sisters of Waterloo Region Camp McGovern Canadian Diabetes Association Central Ontario Developmental Riding Program Evergreen Christian Ministries Grand River Chinese School Great Big Children’s Theatre Hidden Acres Mennonite Camp Inc. House of Friendship of Kitchener J. Steckle Heritage Homestead Junior Achievement Of The Waterloo Region Inc. KidsAbility Centre for Child Development Foundation Kitchener-Waterloo Extend-A-Family Association Ontario Society For Crippled Children rare Charitable Research Reserve St. George’s of Forest Hill The Corporation of the City of Kitchener The Dwelling Place The Kitchener-Waterloo Art Gallery THEMUSEUM Waterloo Mennonite Brethren Church YWCA Kitchener-Waterloo
1,000 2,000 9,000 2,000 4,000 1,000 480 490 2,190 1,500 1,170 750 3,900 5,060 2,560 175 1,950 5,280 970 1,950 1,395 900 4,500
1,000
field of interest funds
The Alice (Braley) Judges – Walter Judges Fund Animal Welfare Agency South Central Ontario
School Sisters of Notre Dame Legacy Fund Reaching Our Outdoor Friends (Kitchener) Women’s Crisis Services Of Waterloo Region
10,000
15,000
The Howard G. Schneider Cancer Care Fund Grand River Hospital Foundation
Retired Business & Professional Men’s Club of K-W Fund Junior Achievement Of The Waterloo Region Inc.
Palliative Care Fund Hospice of Waterloo Region
2014
The Woolwich Community Fund Elmira District Secondary School Heidelberg Recreation Association KidSport Kitchener Waterloo, a Committee of The KW Sports Council The Kitchener-Waterloo Symphony Orchestra Association Inc. Woolwich Recreational Facility Foundation
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900 1,000 1,000 2,000 3,000
The Woolwich Community Fund – Fountain of Memories Award Elmira District Secondary School 1,600 Youth Advisory Council (YAC) Fund Volunteer Action Centre of Kitchener-Waterloo And Area Inc.
1,800
student award funds
charitable organization endowment funds
Big Brothers of Kitchener-Waterloo Promise Scholarship Fund Big Brothers Big Sisters of Waterloo Region
Anselma House Endowment Fund Big Sisters Endowment Fund Child Witness Centre – Balsillie Endowment Fund Grand River Conservation Fund Homer Watson House & Gallery Endowment Fund Hospice of Waterloo Region Endowment Fund Junior Achievement Terry Burch Memorial Fund KidsAbility Foundation Endowment Fund Kitchener Sports Association Legacy Fund Lions Club of Kitchener Community Service Fund Parents for Community Living Robert Denomme Fund Scouts Canada – North Waterloo District Endowment Fund Social Venture Partners Waterloo Region Fund St. Mary’s General Hospital Foundation Physician’s Endowment Fund The Kitchener and Waterloo Community Foundation Operating Endowment Fund The Kitchener-Conestoga Rotary Dream Home Fund The United Way Forever Fund The Uptown Waterloo Jazz Festival Endowment Fund WPL Endowment Fund WPL Summer Reading Club Fund YWCA Endowment Fund YWCA Mary’s Place Fund
500
Ernest Kendall Award Fund Waterloo Education Foundation Inc.
1,200
France-Anne Sweeny “Making A Difference” Fund Ryerson University University of Alberta University of Guelph University of Waterloo Wilfrid Laurier University
1,000 1,000 1,000 5,000 1,000
The John R. Robins Fund Wilfrid Laurier University
4,050
The Kitchener Rangers Hockey Club Scholarship Fund Brock University Carleton University Conestoga College Institute of Technology & Advanced Learning Humber College McMaster University Queen’s University University of Guelph University of Waterloo Wilfrid Laurier University
1,000 1,500 1,000 500 2,500 3,000 1,000 6,000 3,000
NHLPA Dan Snyder Memorial Student Award Fund Carleton University University of Guelph
2,250 2,250
R. Jack Middlemass Memorial Scholarship Fund McMaster University
3,500
The Mac Voisin Scholarship Series Conestoga College Institute of Technology & Advanced Learning
2,598
The Walter A. Bean KWCF Scholarship Fund University of Waterloo
3,500
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5,200 9,500 75,000 1,600 5,300 2,600 28,200 35,100
2,926,843
total 2014 grants
the
1,100 2,200 2,100 1,300 1,400 500 1,400 29,700 4,200 900 3,000 2,000 77,217 3,300
foundation
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2014 financial results
the kwcf investments In 2014, The KWCF’s return on pooled investment funds was 11. 6% versus the benchmark return of 10.8%. The benchmark combines performance results from the TSX Composite Index, the MSCI World Index, the TMX Universe Bond Index and the TMX 91 day Treasury Bill Index.
the kwcf ’s investment goals are to :
•S upport the mission and principles of The KWCF, •M anage the assets in the investment portfolio to achieve a total rate of return over the longer term that allows the organization to cover grant obligations and operation expenses, and to
We are pleased to report that over the past 10 years our portfolio has averaged 7.9%, and since inception in 1984, The KWCF’s investment return has averaged 9.8%.
•P rotect the purchasing power of the capital of the Fund in “real” terms (e.g. compensate for inflation).
investment returns
investment asset mix targets for investment portfolio – december 2014
The KWCF uses a specialty investment management structure that assigns asset class responsibility to different investment managers. The KWCF’s Investment Committee, with senior-level investment management expertise, reviews performance using a benchmark performance measurement system. The Committee reviews the target investment portfolio mix regularly and controls allocations to each asset class using the following asset-mix targets: FIXED INCOME CASH & SHORT TERM
CANADIAN EQUITY
GLOBAL EQUITY
The KWCF Investment Policy was last revised in November 2013 33
2014
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total donations received Donations are received from individuals, corporations, other charitable organizations and government. Donors may contribute to endowed funds (funds that are held permanently or for a specified period of time, usually 10 years), funds for distribution (funds that are held for granting usually within two years), or to the operations or programs of The KWCF. We are pleased to report that donations for 2014 exceeded $1.3M.
grant history Our granting trend over the past five years has resulted in small annual increases despite the market downturn in 2011. This is due to the establishment several years ago of Stabilization Reserves for our funds to preserve past years’ earnings for future granting requirements. In 2014, 100% of the Community Fund Grants were directed to the top four priority areas as identified in the Waterloo Region’s Vital Signs Ž Priority Report. This year also saw a record-setting level of total grants invested in the community at over $2.9 M.
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THE KITCHENER AND WATERLOO COMMUNITY FOUNDATION 2014 2014 FINANCIAL REPORT – CONDENSED FINANCIAL STATEMENTS
statement of financial position as of december 31, 2014
2014
2013
68,772,941 868,415 69,641,356
63,828,568 1,357,603 65,186,171
421,349 271,312 692,661
371,389 224,008 595,397
459,475 68,191,385 297,835 68,948,695
448,743 63,945,204 196,827 64,590,774
69,641,356
65,186,171
2014
2013
1,351,913 7,142,476 262,940 51,143 8,808,472
2,822,497 8,808,341 313,353 52,100 11,996,291
Grants Operating Expenses
2,902,501 1,548,050 4,450,551
2,304,923 1,465,714 3,770,637
Excess of Revenue over Expenses
4,357,921
8,225,654
Fund Balances, Beginning of the Year
64,590,774
56,365,120
fund balances, end of the year
68,948,695
64,590,774
assets
Investments at Market Value (Note 1) Other total assets liabilities and fund balances liabilities
Grants and Other Liabilities Deferred Revenue
sub-total
fund balances
Operating Fund Capital Fund Funds for Distribution
sub-total
total liabilities and fund balances
condensed statement of operations ended december 31 , 2014
revenue
Donations Investment Income Other (Grant Income, Sponsorship, etc.) Administration Fees
expenses
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2014
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CONDENSED NOTES TO FINANCIAL STATEMENTS note 1 . investments at year end
2014
2013
9,392,723 9,491,483
98,980 10,684,400 10,774,317
9,232,435 13,262,948 3,028,660 22,972,373 342,319
8,486,703 9,711,434 1,866,791 21,412,381 343,562
1,050,000
450,000
68,772,941
63,828,568
market value
Provincially Guaranteed Bonds Bissett Core Equity Fund Connor Clark & Lunn Canadian Equity Fund A TD Emerald Canadian: Bond Pooled Fund Core Plus Bond Pooled Fund Short-Term Investment Fund Walter Scott and Partners Global Equity Fund National Bank Correspondent Network Portfolio cost
Community Forward Fund total
note 2. non - owned assets the foundation holds certain securities for custody and management on behalf of other charities . these assets , as well as investment income and gains or losses on disposition of investments , are on account of these organizations and , accordingly , are not reflected in the financial statements of the foundation .
the amounts under administration are as follows :
2014
2013
market value
market value
-
3,796,073
2,677,266 1,755,475
2,511,614 1,848,858
2,023,471
1,747,267
6,211,087 12,667,299
5,229,050 15,132,862
St. Mary’s General Hospital Foundation The Catholic Community Foundation of Waterloo Region Fund THEMUSEUM Endowment Fund Conestoga College Institute of Technology and Advanced Learning Fund Cambridge & North Dumfries Community Foundation total
the audited financial statements for the kitchener and waterloo community foundation ( auditing firm kpmg llp ) are available on our website at www . kwcf . ca or by mail . please call (519) 725-1806 to request a copy.
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your foundation staff rosemary smith lauren judge As Chief Executive Officer for The Foundation, I have overall responsibility for the day-to-day operations of the organization. If I can provide assistance or information about The Foundation, or if you would like to inquire regarding The Foundation’s ability to help with your philanthropic plans, I would be pleased to chat with you. Please call me at (519) 725-1806 extension 201, or email me at: rsmith@kwcf.ca
As the Executive Assistant, my primary focus is assisting Rosemary, and providing support to our Board of Directors, and Leadership Identification and Nominating Committees. I’d be happy to answer any questions or help you book a meeting with Rosemary. I can be reached at (519) 725-1806 extension 207, or you can email me at: ljudge@kwcf.ca
john bowden
linda shortt
As Director, Financial Services for The Foundation, I am responsible for the accounting, investment, administration and privacy functions of the organization. This includes financial reporting, disbursement, donation and gift acceptance activities. For financial queries, please contact me at (519) 725-1806 extension 202, or email me at: jbowden@kwcf.ca
As The KWCF’s Financial Services Coordinator, I am responsible for the processing of accounts payable and receivable, grant payments, as well as for processing and receipting donations. If you have a question about making a donation or a tax receipt, give me a call at (519) 725 -1806 extension 208, or email me at: lshortt@kwcf.ca
bethan llewellyn As Director, Executive Services for The Foundation, I have the priviledge of promoting The KWCF to our wonderful community and to make sure YOU know all about the fantastic things The KWCF does every day. I also manage media relations, events, Random Act of Kindness Day ®, volunteer management and overall office administration. I’d love to hear from you. Give me a call at (519) 725-1806 extension 205, or email me at: bllewellyn@kwcf.ca
rochelle benoit As Executive Services Coordinator for The Foundation, I work alongside Bethan in spreading the word about The Foundation to our great community, and help with special events and other marketing initiatives. I also provide overall administrative support for The Foundation. I’d be happy to speak with you if you have any questions about The KWCF. You can reach me at (519) 725 -1806 extension 209, or by email at: rbenoit@kwcf.ca
chelsea arnott brendan sheehan As Director, Philanthropic Services for The Foundation, I oversee operations for our Donor Relations, Grant Services and our portfolio of Leadership Programs (Engage!KW, Centre for Community Knowledge and Waterloo Region’s Vital Signs ® ). If I can be of service, please contact me at (519) 725 -1806 extension 204, or email me at: bsheehan@kwcf.ca
As Leadership Programs Coordinator for The Foundation, it is my responsibility to coordinate our Smart & Caring Grants Program, Engage!KW and Waterloo Region’s Vital Signs ®. If you have any questions about how to apply for a Smart & Caring grant, Engage!KW or Waterloo Region’s Vital Signs ®, please do not hesitate to contact me at (519) 725-1806 extension 206, or email me at: carnott@kwcf.ca
penny harvey drew maddison As Leadership Programs Coordinator – CCK for The Foundation, I lead our Centre for Community Knowledge (CCK) program. If you are interested in participating in the CCK as a community organization, or would like more information as a donor or volunteer, do not hesitate to contact me at (519) 725 -1806 extension 203, or email me at: dmaddison@kwcf.ca
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As Office Services Administrator, I provide reception for the organizations at the 29 King Street offices, along with taking care of the facility needs. I am the smiling face you see when you visit The Foundation. If you have a question, but are not sure who you need to be speaking with, I can connect you with the right staff member. You can reach me at (519) 725-1806 extension 100, or by email at: pharvey@kwcf.ca
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what does this mean ?
The KWCF is only able to leverage 27.1% of our assets to support those issue areas that have the greatest need.
* denotes
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Phone: 519.725.1806 Fax: 519.725.3851 Email: info@kwcf.ca Web: www.kwcf.ca 29 King Street East – Suite B Kitchener, ON N2G 2K4 Registered with Canada Revenue Agency (#132170994 RR0001). The Kitchener and Waterloo Community Foundation issues official receipts for income tax purposes.
HELPING YOU MAKE A LASTING DIFFERENCE.