Variety - the Children’s Charity
2016 Annual Report
a note from our ceo 2016 was a significant milestone year for Variety - the Children’s Charity of British Columbia, as we celebrated our 50th year of providing help to families who have children with special needs. Our golden anniversary began as it always does with an overwhelming outpouring of support at our Show of Hearts Telethon, and we continued that momentum throughout the year with the launch of the Sunshine Family Van Program and many other events, programs, and grants with the result of having been able to make a difference for over 7,000 kids in total. We concluded the year with our brand-new Variety Week on Global BC, where we raised an additional $680,000. And while an annual report is a wonderful opportunity to review our successes over the past year, it is also an important time to discuss our plans for the future. We continue to evolve as an organization, we continue to follow a strategic mandate to reduce a portion of our endowment to both strengthen our financial position, while also maximizing on opportunities to enhance our programs and ultimately improve our capacity to achieve our ever-present goal of helping more and more children. To begin 2017 we will place a greater emphasis on individual grants to directly support those families most in need. As we embark on a new major gifts campaign, we will also work hard to build new relationships with key community leaders, while strengthening our existing relationships and reaffirming our commitment to work in every corner of British Columbia. The need for Variety continues to grow every year, and I look forward with renewed enthusiasm and commitment to another half century of helping families breathe a little easier knowing we will always be there by their side. 2 Variety - the Children’s Charity
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2016 Annual Report
Help & hope to children with special needs in BC
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“Together, we can be there when families need us most.�
about variety Variety - the Children’s Charity steps in where health care ends, providing direct help to children with special needs in BC and the Yukon. For over 50 years Variety has ensured children have the support to reach their potential. Together, we can be there when families need us most. Since 2010 Variety has distributed more than $25 million in funding to families and organizations in communities all across the province. With your help, we can raise even more!
OUR MISSION To inspire donors to help all children in B.C. who have special needs. Variety will be the top of mind children’s charity known for stepping in where health care ends.
OUR VISION That every child who has special needs fulfills their unique potential.
Help & hope to children with special needs in BC
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johannes’s story 11 year old Johannes has a rare form of hemophilia and can suffer from very severe and painful bleeds in his ankles and other joints, which means a wheelchair is often the only way he is able to get around. Because Johannes does not qualify for funding from the provincial At Home Program, he was using a second-hand wheelchair with brakes that didn’t work, missing cushions, and wheels that didn’t spin freely. Thanks to a grant from Variety - the Children’s Charity, Johannes was able to get a much needed brandnew wheelchair, fitted and designed specifically with his needs in mind. And it’s not the first time Variety has been able to step in where healthcare ends for Johannes and his family. “Variety has been a lifesaver for our family on more than one occasion,” says Johannes’s father Jamie. “When Johannes was eight months old he underwent a multi-layer laminectomy where they removed nine vertebrae to extract a large blood clot in his spine. Variety covered the cost of his brace and we never had to worry about how we would afford it.” Now that Johannes finally has his new wheelchair, he can get around more safely and in comfort.
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2016 Annual Report
“Variety covered the cost of his brace and we never had to worry about how we would afford it.�
financials - statement of operations For the year ended September 30, 2016 revenues
2016
2015
Donations and bequests
$4,498,039
$5,913,290
BC Family Residence Program*
$1,000,000
$3,000,000
Interest, membership and miscellaneous
$411,667
$592,482
Rental
$87,048
$73,512
Gaming
$185,541
$244,206
Total
$6,182,295
$9,823,490
*Variety BC oversees and administers the BC Family Residence Program under the direction of the Ministry of Health Services
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2016 Annual Report
expenditures
2016
2015
Heart of Variety Disbursement Fund
$4,490,842
4,399,627
BC Family Residence Program
$1,279,131
$1,172,776
Fundraising
$2,297,077
$2,226,280
Administration and general
$1,516,848
$1,520,935
Amortization
$59,636
$62,768
Occupancy costs
$154,145
$176,983
Total
$9,797,679
$9,559,369
Excess (Deficiency) of revenues over expenditures
$(3,615,384)
$264,121
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financials - STATEMENT OF FINANCIAL POSITION As at September 30, 2016
Assets
2016
2015
Cash and short-term investments
$10,247,981
$13,898,304
Other
$250,935
$167,412
Subtotal
$10,498,916
$14,065,716
Property and equipment
$1,700,326
$1,745,504
Endowment funds - Guaranteed Investment Certificates
$684,064
$774,887
Total Assets
$12,883,306
$16,586,107
Current
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2016 Annual Report
liabilities
2016
2015
Accounts payable and accrued liabilities
$223,400
$306,102
Deferred revenue
$14,727
$19,442
Subtotal
$238,127
$325,544
2016
2015
Unrestricted
$5,987,621
$9,075,831
Invested in property and equipment
$1,700,326
$1,745,503
Internally restricted
—
—
Externally restricted
$4,957,232
$5,439,229
Subtotal
$12,645,179
$16,260,563
Total (Liabilities + Net Assets)
$12,883,306
$16,586,107
Current
net assets
2016 grant distribution individual organizational emergency response Help & hope to children with special needs in BC
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board of directors 2016 BOARD OFFICERS President Howard Blank, Point Blank Entertainment, Charity Auctioneer 1st Vice President Shirley Stocker, Stocker Communications Treasurer Atanu Dalal, Buy-Low Foods Ltd. Secretary Anne Crittenden, Reed Construction Data Past President Bill Senghera, White Spot Ltd.
2016 BOARD DIRECTORS Karey Durante, Durante Development Group Peter Fox, Vancouver Board of Parks and Recreation Sarbjit Gill, Loomis Express Arlene Keis, Go2 Tourism HR Society Jill Krop, Global BC Dave McConachie, Digitech Laser Systems Ron Miller, MNP LLP George Pitman, GP Designs Doug Rogers, CPA, CA Management Consultant Jim Ross, BMO Harris Bank Bob Stewart, Vancouver Chief of Police (Retired) Lisa Wong, Beavis Wong & Associates Geri Young, Proshow Audiovisual - Broadcast
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thank you to our donors $200,000+ Buy-Low Foods Ltd. $100,000 - $199,999
$10,000 - $24,999 R.C. Purdy Chocolates Ltd. Ricky’s All Day Grill Canadian Tire
Lotte & John Hecht Memorial Foundation
Coastal Ford Sales Limited
Pharmasave Drugs (Pacific) Ltd.
Hastings Racecourse & Casino
$50,000 - $99,999
Hellenic Community of Vancouver Hudson’s Bay Company
Vancouver Foundation
London Drugs
Armstrong Family Foundation
The Jolly Coachman Pub Company Ltd.
The Jim Pattison Foundation
Apollo Sheet Metal
Milan & Maureen Ilich Foundation
Tigh-Na-Mara Seaside Spa Resort & Conference Centre
Pacific Road Runners $25,000 - $49,999 Canuck Place Children’s Hospice Foundation Boys & Girls Clubs of Central Vancouver Island Britannia Support Society Okanagan Boys & Girls Clubs Teekay Shipping (Canada) Ltd
Canadian Western Bank Chemainus Health Care Auxiliary Coast Mountain Industries Great Canadian Gaming Corporation International Union of Operating Engineers Local 115 R. Howard Webster Foundation Teamsters Joint Council 36 BC & Yukon
West Shore Parks And Recreation Society W J Weaver Foundation Help & hope to children with special needs in BC
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$5,000 - $9,999 H.Y. Louie Co. Ltd. Woodgrove Centre British Columbia Preserve Company Ltd. White Spot - Vancouver Sidewinder Conversions & Mobility Ltd. North Country Dancers RBC Foundation Unifor Local 114 Ricky’s All Day Grill GS & Company Chevron Canada Ltd. Trotac Marine Strategic Charitable Giving Foundation Evinrude And Haruna Sales Service United Rentals of Canada, Inc Westwind Pub Scavenger Hunt Cocktails & Canapes Catering and Events Inc. Jones Food Store Ltd. Vancouver Yacht Charters Kal Tire
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LifeLabs Medical Laboratory Services 6R Investments 4th Utility Inc Cruise Lines International Association North West & Canada Ladysmith Healthcare Auxiliary Loomis Express Meeting Max Planning Inc. Mott Electric RCL 061 Delta Sun Ridge Equipment Ltd. IN KIND PARTNER Global BC TELUS White Spot Ltd. ProShow Audiovisual – Broadcast
ESTATES Estate of Muriel Leblond Estate of Ross E Hamilton Estate of Kurt H Mosebach Estate of Ronald Scotton Estate of Bernard McCluskey Estate of Rachel Wosk Estate of Winifred Hoover
“Our donors are proof of the remarkable community spirit in every corner of BC�
Estate of Gisela McEwen Estate of Julie Lemaire Estate of Dorothy M Grant
Champions Circle Maureen Ilich Jim Pattison Peter Armstrong Wendy LisogarCocchia & Sergio Cocchia
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Variety - the Children’s Charity 4300 Still Creek Drive, Burnaby, BC, V5C 6C6 Toll free: 1.800.381.2040 Office: 604.320.0505
www.variety.bc.ca
thank you for giving help and hope to children in bc with special needs