2009 Annual Report - Edmonton Community Foundation

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Fabian Hopkins The intent of Fabian’s fund is to help teach him the value of philanthropy. 6 Edmonton Community Foundation
CULTIVATING YOUNG PHILANTHROPISTS FABIAN BUBEL HOPKINS FUND When asked, Fabian Hopkins knows that the FIFA World Cup is in Johannesburg, South Africa. He’s quite sure it’s in 2010 but he’s uncertain about the month. Fabian, you see, is eight years old and nuts about soccer. He’s on a team that only plays in the summer but he likes to kick the ball around all year, even in the snow. He recently had the opportunity to share his enthusiasm for the game with kids in developing countries. In 2009 a family friend established a permanent endowment in Fabian’s name at Edmonton Community Foundation. The intent of Fabian’s fund is to help teach him the value of philanthropy. That’s an abstract concept for an eight year old. It was explained to him that a pot of money was put aside in his name and every year he will have some money available to give away to help other people. With guidance from his mother, Fabian looked into what he could do with the returns generated by the fund in 2009. A UNICEF brochure listed a number of ways donors could help children in the developing world. He decided he could buy a lot of soccer balls with the money available from his fund. Soccer is played by children all over the world, from Togo to Brazil to Edmonton, but some aren’t lucky enough to have a proper ball. Fabian may not completely understand the meaning of philanthropy or comprehend the idea of perpetuity. But as he grows older, his fund will grow as well and by the time he enters adulthood he’ll have had the experience of seeing first hand the difference young philanthropists can make in the lives of children in need. Right now, Fabian is happy with his donation of soccer balls. After all, some children in South Africa may be kicking those balls around during the World Cup. He thinks that’s pretty cool. 20 Years of Giving 7
Page 1 and 2: EDMONTON COMMUNITY FOUNDATION • A
Page 3 and 4: Table of Contents Report from the C
Page 5 and 6: problems and longer term opportunit
Page 7: Gifts Planned for the Future We tha
Page 11 and 12: Neil Kennedy & Shelley Williams “
Page 13 and 14: GIVING BACK TO THE COMMUNITY EDMONT
Page 15 and 16: ATCO Electric ATCO Gas ATCO I-Tek I
Page 17 and 18: Mark & Mary Anne Tokarik The Toront
Page 19 and 20: Justin & YESS Staff member Quena Sa
Page 21 and 22: MAKING OUR STREETS SAFER MEMORIAL &
Page 23 and 24: Matthew Howatt Matthew Howatt is us
Page 25 and 26: CREATING OPPORTUNITIES BELCOURT BRO
Page 27 and 28: Community Grants proGram Each year
Page 29 and 30: FOuNdATION dIRECTEd INITIATIVES Edm
Page 31 and 32: DESIGNATED FUNDS (continued) Year E
Page 33 and 34: DESIGNATED FUNDS (continued) Year E
Page 35 and 36: soCiaL EntErprisE FunDs The Social
Page 37 and 38: DONOR ADVISED FUNDS (continued) Yea
Page 39 and 40: DONOR ADVISED FUNDS DISBURSEMENTS (
Page 41 and 42: EmErGinG FunDs Emerging Funds allow
Page 43 and 44: Financial Highlights Year ended Dec
Page 45 and 46: auDitors’ rEport To the directors
Page 47 and 48: summarizED ConsoLiDatED statEmEnt o
Page 49 and 50: our staff From top left Shirley Sho
Page 51 and 52: Governance Committee Larry Pana, Ch

2009 Annual Report - Edmonton Community Foundation

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