Presentation to Coquitlam City Council

November 9, 2015

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The CF is a non-profit charitable organization established in 1992 by the BC government under the Coquitlam Foundation Act in response to dedicated community founding members.

Our mission is to encourage and support creative, targeted philanthropy that builds a

vibrant, sustainable, and healthy community.

ABOUT US

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The CF Board (missing Janet and Terry)

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Janet and Terry!

OUR PROCESS:

youth and seniors

people at risk

community services

public safety

health delivery and support

education

heritage

the environment

arts and culture

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Philanthropic donations, endowments, gifts,

sponsors, external fund raising

The CF manages the assets and annually distributes grants, scholarships and

bursaries from the proceeds

Volunteers

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Funds Management:

The Coquitlam Foundation oversees and administers over 25 different funds - most funds are ‘endowed’ donations or gifts - the capital is invested and returns are available for distribution.

“A one time gift gives forever.”

Foundation-directed funds - CF Board decides how earnings are used.

Donor-advised (“restricted”) funds- donor stipulates how earnings are used.- types include: Family/Memorial, Agency and Specialty funds.

Two Types of Funds:

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OUR FUNDS – Foundation Directed

Coquitlam Foundation Community Fund (supports all CF objectives)

Della and Cam Grant Fund (veterans, kids, poverty)

James Gordon Stewart Fund (alzheimers & kidney research, SFU bursaries)

Johnston Legacy Fund (supporting seniors)

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OUR FUNDS – Donor Advised: Family/ Memorial

Beverley Ann Cook Fund (blood disorder)

Carleigh Rae LeClair Fund (diabetes)

CMLA Brodie Campbell Memorial Scholarship Fund (to lacrosse player)

Coquitlam Metro Ford Domenic Mobilio Bursary (to soccer player)

Danielle and Gary Couling Education Fund

Raymond A. LeClair Scholarship Fund (pursue public service career)

Shelagh Elaine Fulton Memorial Fund (arthritis research and support)

Symington Endowment Fund (autism and mobility/competitive gymnastics)

Trevor Wingrove Bursary Fund (lacrosse player)

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OUR FUNDS – Donor Advised: Agency Sponsored

Coquitlam Centre Fund (education)

Coquitlam Public Library Living Legacy Fund

Coquitlam Search and Rescue Fund

Coquitlam Stroke Recovery Fund

Evergreen Arts Education Endowment Fund

Rotary Club Community Service Award

Tri-City Chamber Elite Athletes Fund

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OUR FUNDS – Donor Advised: Specialty Funds

Community Diversity Fund

Mayor’s Community Fund

Peter Legge Literacy Endowment Fund

Steps Together Fund (bursaries)

Wesbild Holdings LIFT Fund (adult/CABE)

Michael Coss Brain Injury Fund

Soroptomists Tri-Cities Fund

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Our Newest Fund Managed by the Coquitlam Foundation …

Soroptomist International of the Tri-Cities

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$0

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000

$3,000,000

2007 2008 2009 2010 2011 2012 2013 2014 2015

Coquitlam Foundation Net Assets Growth

Fiscal Year

$2,753,620

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$0

$20,000

$40,000

$60,000

$80,000

$100,000

$120,000

$140,000

$160,000

$180,000

2007 2008 2009 2010 2011 2012 2013 2014 2015

Coquitlam Foundation Awards

Fiscal Year

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RESULTS: July 1, 2014 – June 30, 2015

The Foundation’s net assets at year-end were $2,753,620

Consisting of:Foundation-Directed funds: $1,376,407Donor-Advised funds: $1,233,659General Fund: $ 143,554

Interest on investments for 2014/2015 was 3.2%

$160,860 was distributed in scholarships, bursaries and grants

The CF’s 2014/15 Financial Report is available on-line at www.coquitlamfoundation.com/reports

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2015 AWARDS NIGHT – Donors, Award Recipients & Presenters

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THE WAY AHEAD:

Achieving Self-Sustaining Operation

- Requires increased funds under management

Managing Growth Effectively

- Requires coordinated and skilled volunteer support

Escalating Awards Outcomes

- Requires greater response to calls for fund applications

More people need to know about the Foundation’s Awards

programs and the mechanisms the Foundation has to support philanthropy to strengthen our community.

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The Foundation’s operations are modest – volunteer driven with no permanent employees and no physical office.

Our operating costs, including professional portfolio management, awards events, audits, contracted services, etc are supported by:

Full self sufficiency will require net assets to grow to ~ $5 Million

fees on donor-advised funds of 1.25% of the annual investment return (0.5 % is directly for portfolio management)

fundraising (e.g. “Burger & Beer Nights”)

SUPPORT FOR FOUNDATION OPERATIONS:

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Help us increase awareness about the Coquitlam Foundation – mention us to friends and contacts; suggest the Foundation as a

place for philanthropy that benefits the community

Support the Foundation by participating in our events – like our Grants and Awards night, our AGM, and our annual fundraiser

event “Kickin’ It Country”

Encourage qualified potential volunteers to consider the Coquitlam Foundation for service on our Board or Committees

OUR CALL FOR ACTION:

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When your heart tells you it's time to help people in your community, but your head doesn't know where to turn, it's

time to look to the Coquitlam Foundation. We're your hometown partner in philanthropy, helping you help your neighbours through charitable initiatives as simple as a one-time donation to our general fund or as profound as

the establishment of an endowment fund. Look to the Coquitlam Foundation when you're looking to help.

A FINAL THOUGHT

Thank you!

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WEB: www.coquitlamfoundation.com

PHONE: 604-468-9598

Email: info@coquitlamfoundation.com

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