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2009 Annual Report - Edmonton Community Foundation

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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>

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