2009 Annual Report - Edmonton Community Foundation
2009 Annual Report - Edmonton Community Foundation
2009 Annual Report - Edmonton Community Foundation
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Funds, Grants<br />
and Disbursements<br />
OPTIONS FOR GIVING<br />
<strong>Edmonton</strong> <strong>Community</strong> <strong>Foundation</strong> works<br />
with donors to create funds that will see their<br />
philanthropic dreams fulfilled.<br />
A wide range of fund options exists to<br />
accommodate donors’ wishes – from<br />
designating specific charities to allowing the<br />
<strong>Foundation</strong> to direct funds to support priority<br />
community needs.<br />
We are delighted to meet with donors and their<br />
financial advisors to discuss their charitable<br />
goals. Please call us at (780) 426-0015 or visit<br />
our website at www.ecfoundation.org.<br />
EFFECTIVE GRANTING<br />
<strong>Edmonton</strong> <strong>Community</strong> <strong>Foundation</strong> is a trusted,<br />
reliable source for identifying and funding<br />
initiatives that strengthen our community.<br />
A gift to the General <strong>Community</strong> Fund ensures<br />
that critical community needs are met through<br />
a rigorous, competitive process while providing<br />
accountability to donors.<br />
Through our <strong>Community</strong> Grants Program,<br />
<strong>Foundation</strong> staff, advisory committees, and<br />
ultimately our board of directors review<br />
requests from a wide cross-section of sectors<br />
and allocate funding to meet priority needs<br />
and strengthen charities. In general, grants<br />
are awarded in the following categories: arts,<br />
culture, and heritage; education and learning;<br />
health and wellness; community and social<br />
services; recreation and leisure; and<br />
the environment.<br />
General community funds also allow the<br />
<strong>Foundation</strong> to support the community through<br />
<strong>Foundation</strong> Directed Initiatives. Carefully<br />
selected charities that demonstrate high levels<br />
of commitment, capacity, and effectiveness are<br />
provided with up to three years of funding for<br />
operations or special projects.<br />
In <strong>2009</strong>, despite the challenges of the economic<br />
downturn, <strong>Edmonton</strong> <strong>Community</strong> <strong>Foundation</strong>’s<br />
endowed funds generated millions of dollars<br />
that were awarded to local charities. As well,<br />
many students benefitted from awards<br />
disbursed through our scholarship funds.<br />
24<br />
<strong>Edmonton</strong> <strong>Community</strong> <strong>Foundation</strong> • <strong>Annual</strong> <strong>Report</strong> <strong>2009</strong>