JA British Columbia 2012-13 Annual Report

annual report | 2012 – 2013

What is the key to unlocking the future?Junior achieVeMent of British coluMBia

AnnuAl report

2012-2013

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in this annual report

Samantha tennant, recent Company program participant, point Grey Secondary, Vancouver.

4 a lifetime of positive impact

6 What is the key to unlocking the future?

7 student reach 2012 – 2013

8 our award winners

10 how do we prepare the next generation of leaders?

13 JaBc alumni

14 royal recognition within the JaBc team

15 our volunteers: bringing real-life business experience into classrooms

16 Business laureates of British columbia

20 Donors

26 financial statements

28 Participating school districts and schools

32 Board of directors

33 gala dinner and induction ceremonies cabinet

34 Meet the JaBc team

35 the Ja Worldwide vision

AnnuAl report 2012-2013

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JABC CompAny of the yeAr, “QuenChed” — Britannia Community Secondary School, Vancouver

the “Quenched” executive team:(l-r) William Situ, Sariah Conor and rachel Bwishe address the audience at Celebrate JA!

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4Inspiring the future

58years

Youth impacted

350thousanD

We’re getting Bc youth reaDy for Business

a lifetimeof positive impact

Reached

54Districts

recent participant in Business Basics: A Business of our own.

Junior Achievement of British Columbia has been providing free business education since 1955. We enlist the services of 800 volunteers each year from business communities around the province, to take time out of their busy work-lives and pass along some of their passion about business to our youth. Kids in BC who have participated in a Junior Achievement program are more likely to stay in school, will earn more and are 50% more likely to start a business. We know this because of Boston Consulting Group’s 2011 report on Junior Achievement’s Impact in Canada, which also reported that 75% of Junior Achievers believe JA had a significant impact on their financial literacy and was a critical driver of their work success. Junior Achievement is getting BC youth ready for business in an ever-changing global economy. That’s a positive impact for a lifetime.


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The number of JA volunteers who helped inspire BC youth in the last year.

799

The annual return to society on each dollar invested in Junior Achievement.

$45

$

The number of BC youth reached by Junior Achievement in the last year alone.

29,281

The number of Canadian jobs created each year as a direct result of Junior Achievement.

7,000

“When I arrived at the Next Generation Leaders Forum, I finally realized how this experience was going to alter my life. I learned useful and meaningful things, that will not only help me with

my business in the future, but will make me a better person.”

BrAdley dAly —parkland Secondary School, north Saanich, received a next Generation leaders Forum Award from Colliers.

By deliVerinG enGAGinG And eFFeCtiVe BuSineSS eduCAtion proGrAmS to younG BritiSh ColumBiAnS, Junior AChieVement FillS the need For FinAnCiAl literACy eduCAtion in SChoolS.

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What a year! It was filled with excitement and unprecedented accomplishments. Not only are we celebrating the achievement of our highest delivery goals ever, we also moved the needle forward in every aspect of our business, and were overwhelmed by increased commitment from donors, volunteers, the provincial government, community leaders, alumni and teachers.

We hear, from British Columbians, concerns about our province’s economic future and the readiness of our youth to take on important leadership roles. JABC addresses this head-on. We are uniquely positioned to provide students with the courage, leadership and business skills they will need to succeed in a global economy.

Our accomplishments of 2012-13 have set the stage for success. A bold and ambitious new plan to double the number of students we reach by 2018 was approved by the Board of Directors. This plan will extend our reach in communities throughout the province, and pushes us to stretch even higher.

Keeping up with new technologies and staying relevant are critical goals for JA. This past year we improved the delivery of key programs with online enhancements that allow students to access learning activities from anywhere in the province. As we grow, our stakeholders can expect JA to continue to reach out through new channels and program delivery models.

We are proud of the diversity of students we impact. Since 2008, we have nearly tripled the number of aboriginal students we reach, and we continue to expand our outreach to homeschool groups, the Francophone community, and students who are at risk of failing or dropping out of school. We have introduced scholarships and awards to include all students in BC regardless of their circumstances.

We introduced a new Award for Oratory and Presentation Skills. The 2012-13 recipients of this award impressed everyone with their visions for success at this year’s Business Laureates of BC Hall of Fame Gala, where they addressed an audience of over 650 business leaders that included His Royal Highness, The Duke of York.

One of our proudest accomplishments this year was our engagement of alumni. The newly created Ambassador Club, composed of recent JA graduates, has become an integral part of our stakeholder engagement strategy.

As we close this year, we wish a heartfelt thank you to our teachers, volunteers, donors, alumni, staff and Board of Directors for contributing to our success. Thanks to all of you, JA continues to prepare the next generation of business and community leaders, guaranteeing the future success of BC’s economy.

Junior achievement!

Casey Forrest, Chair, JABC Board of directors

Jan Bell-irving, president & Ceo, JABC

What is the key to unlocking the future?


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student reach 2012 – 2013

29,281 stuDents1,114 classes

Elementary School (Grades 3-7)

Business Basics Series:Our Business World = 213 classesA Business of Our Own = 74 classes

Middle School (Grades 8-10)

Dollars with Sense = 229 classesEconomics for Success = 387 classesInvestment Strategies = 90 classes

High School (Grades 11 & 12)

JA Titan Business Game = 79 classesCompany Program In School = 33 classesCompany Program After School = 9 classes

oVer 75% oF AChieVerS SAy Junior AChieVement WAS A CritiCAl driVer oF their Work SuCCeSS.

“JA’s Company Program has taught me to give back to my community and

pass my knowledge to others so that they can develop their success and

foster their potential. Thank you, Junior Achievement!”

sAriAh Conor —Britannia Community Secondary, Vancouver

on stage at the 2013 Business laureates of BC Gala presenting the speech that won her one of four oratory and

presentation Skills Awards.

Elementary School

Middle School

High School

287classes

706classes

121classes

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AwArds for orAtory & PresentAtion skillsSponsors: Anonymous, RBC Wealth Management, Teck, TELUS

sariah Conor - Britannia Community Secondary, VancouverJoy fan - leonard Stern School of Business, new York universityryan tavakol - Simon Fraser university, BurnabyCorey Wong - Sauder School of Business, university of British Columbia

sPring online ChAllenge winners (titAn Business gAme)

Zack Goldsmith & Kory Kury - Vernon Secondary, Vernon

the keg sPirit foundAtion next generAtion leAders forum AwArdsSponsor: The Keg Spirit Foundation

Jotham Chow - Stratford Hall, Vancouvershirley Guo - richmond Secondary, richmondAdrienne henderson - oak Bay Secondary, VictoriaAbby muscutt - argyle Secondary, north Vancouvertom scinocca - Mount Douglas Secondary, Victoria

Colliers internAtionAl next generAtion leAders forum AwArd – ViCtoriASponsor: Colliers International

Bradley daly - parkland Secondary, north Saanich

dr. donAld rix insPiring Business exCellenCe sCholArshiPSponsor: Rix Family Foundation

rachel Bwishe - Britannia Community Secondary, Vancouver

our award winnersCongratulations to our 2012 – 2013 recipients. The students received their awards at our Celebrate JA! events in June. These awards are presented annually to current and past participants of JA Programs thanks to the generosity of our sponsors.

hon. naomi yamamoto, BC minister of State for Small Business, with recipients of the keg Foundation next Generation leaders Forum Award Jotham Chow, Abby muscutt and Shirley Guo.

Winners of the Award for oratory and presentation Skills meet hrh, the duke of york at this year’s Business laureates of BC hall of Fame Gala.


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sCholArshiP for entrePreneuriAl studies (BCit)Sponsor: BCIT Peter Thomson Centre for Venture Development

Jordan yep - pinetree Secondary, Coquitlam

leAdershiP AwArds

Leadership Certificates

sariah Conor - Britannia Community Secondary, VancouverAmy le - John oliver Secondary, Vancouverfiona lee - Fraser Heights Secondary, SurreyAlice Zhang - Gleneagle Secondary, Coquitlam

Award for excellence & leadership

tammy tsui - Killarney Secondary, Vancouver

CiBC student ComPAny AwArdsSponsor: CIBC

CiBC Student Company of the year for British Columbia & outstanding Shareholders’ report

‘QuenChed’ - Britannia Community Secondary, Vancouver

environmental Stewardship

‘evergreen eden’ - Burnaby South Secondary‘Wicked’ - Surrey Board of trade Youth leaders of today

Sales leader of the year

Jason Choi - lord Byng Secondary, Vancouver

team Spirit & Cooperation

‘usB+’ - Kerrisdale Community Centre, Vancouver

Best Sales & marketing Strategy

‘mochro’ - Metro Vancouver

Creativity & innovation

‘Boom’ - accenture, Vancouver

rachel Bwishe (centre), winner of the dr. donald rix “inspiring Business excellence” Scholarship, with Julienne hills of Coast Capital Savings (l) and Andrew Schofield (R), Vice Principal of Britannia Community Secondary School.

tammy tsui of killarney Secondary in Vancouver, winner of the JABC Award for excellence & leadership, speaking on stage at Celebrate JA! in June.

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The 15th annual BC Business Challenge brought together 21 student teams from schools across BC for a day of high-powered business gaming. The challenge utilizes JA’s Titan business simulation in which participants respond to changing conditions and compete for market domination. Congratulations to winners in each of three categories, Titan Market (experienced students), Executive Market (some experience) and Entrepreneurs Market (new to the game):

how do we prepare the next generation of leaders?BC Business ChAllenge

titAn mArket

West point Grey AcademyWolves – Vancouver

exeCutiVe mArket

Georges p. Vanier Secondaryhella Skrilla – Courtenay

entrePreneursmArket

lambrick park Secondarylions – Victoria

JABC Board member kenton low gets the inside scoop from team “panthers” of Vernon Secondary School in the middle of the game.

“Wolves” from West point Grey Academy, Vancouver - Winners of “titan market”.

Students from pinetree Secondary in Coquitlam analyze market conditions to develop their strategy for the next stage of the game.


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Student-venture companies “Boom”, “Wicked” and “yeS!” spent a day selling their products at richmond Centre mall. All three groups were participating in Junior Achievement’s Company Program.

entrePreneurshiPJunior Achievement has a number of programs that allow students to see and understand the role of business in our society. By collaborating with professional volunteer consultants to design, organize and operate a real business, students experience how a small enterprise functions. Creating an enterprise of their own is a transformational experience for many students who are inspired to explore entrepreneurism as a career goal.

Students participating in our Dollars with Sense program at panorama ridge Secondary in Surrey are interviewed by a City tV crew who are there to shine a light on Coast Capital Savings’ tremendous support of this highly demanded program.

work reAdinessJunior Achievement provides students with leadership and problem-solving skills to prepare them for the workforce. Programs encourage students to take a closer look at the advantages of staying in school and how the choices they make can positively impact their future dreams, aspirations and outcomes. JA provides students with the knowledge, attitudes and skills they will need for long-term career success.

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Grade 9 students from every school in the kamloops School district gather at thompson rivers university

for a full day of JA’s Economics for Success.

finAnCiAl literACyJunior Achievement programs give students personal money management skills, challenging them to apply these concepts in their own lives. Activities teach students about effective spending and how to avoid credit and debt pitfalls. By learning how to make better economic decisions, students see how they can successfully manage changes in career and life directions.

Grade 5 students from the Sk’elep School of excellence run a car wash business using skills learned

in JA’s A Business of Our Own program. the local rCmp came out to support the students and have their

vehicles cleaned at this fun and profitable event.

Business BAsiCsA Business of Our Own engages elementary-school students in activities to apply their knowledge and skills to a real life situation. Students become the Presidents and CEOs of their very own retail sales business. A Business of Our Own helps students identify key success factors to turn personal and team performance into profit. From start to finish, students set up their retail sales stand, track profits and eventually distribute earnings. This is so much more than your conventional lemonade stand!

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70% oF AChieVerS indiCAte thAt pArtiCipAtion in A JA CAnAdA proGrAm hAd A SiGniFiCAnt impACt on their deSire to Be An entrepreneur.

JABC Ambassadors get the inside track through a visit to ritchie Brothers Auctioneers headquarters in Burnaby. the tour was led by dave ritchie himself, who shared stories about how they built the world’s largest industrial auction company from a small used furniture store in kelowna.

Since 1955 more than 350,000 students have participated in Junior Achievement of British Columbia programs. The memories and experiences the Alumni share capture the very best of Junior Achievement’s exciting record of success.

Our JABC Ambassador Club, launched in 2009, invites recent JA graduates to participate as volunteers at events, conferences and tradeshows. This past year, Ambassadors created an Alumni Board with an executive team whose purpose is to grow the club and create alumni events where participants can gather to network with each other and with business leaders in the community.

JaBc alumni

JABC Ambassadors and current JA students gather at the Business laureates of BC hall of Fame (at Vancouver Convention Centre east) to meet Business laureates dick Bradshaw, dave ritchie, dr. ken Spencer, John S. macdonald, dr. norman B. keevil and Joseph Segal.

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royal recognition within the JaBc team

Created in 2012 to mark the 60th anniversary of Her Majesty Queen Elizabeth II’s accession to the Throne as Queen of Canada, the Queen Elizabeth II Diamond Jubilee Medal was a tangible way for Canada to honour Her Majesty for her service to this country. At the same time, this commemorative medal served to honour significant contributions and achievements by Canadians.

diane dent (right – JABC Board member) receives her medal from Acting president of Junior Achievement Canada, Stephen Ashworth (left).

Steve Wilson, former JABC Board member and past Chair, displays his diamond Jubilee medal with wife, peggy.

Barbara Brink (left - JABC Board member), Jan Bell-irving (middle right - JABC president and Ceo) and tim manning (Far right – JABC Board past president) receive their medals at a luncheon with special guest, kevin Falcon (middle left).

Junior Achievement of British Columbia is proud of the six members of our team who received the Queen’s Diamond Jubilee Medal as recognition for their contributions to our province and country.

Brian phillips (right – past Chair, JABC Board of directors) receives his medal from tim manning (left – JABC Board past president).


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Junior AChieVerS Are 50% more likely to open their oWn BuSineSS WhiCh leAdS to innoVAtion, neW JoBS, And WeAlth CreAtion.

“I think everybody in the business community should really think about

volunteering for Junior Achievement. It’s great satisfaction to see the kids go through

the programs and the children of BC are our future for the business community.”

dAvid olson — 12 Year JABC VolunteerDirector, Commercial Banking at Scotiabank

Ingrid Bos of Coast Capital Savings shares her knowledge with students participating in the Dollars With Sense program at Panorama Ridge Secondary in Surrey.

our volunteers: bringing real-life business experience into classroomsJABC pays tribute to 800 volunteers who taught, mentored and inspired more than 29,000 students this year. Our volunteers bring their own innovative ideas and experience to create memorable lessons for the participants.

We are amazed by their passion and ingenuity which help make our programs a tremendous success.

Thank you!

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16View their biographical profiles at businesslaureatesbc.org

Bob hager1938 - 2011

Art phillips1930 – 2013

dr. rudy northC.m., ll.d.Ceo, north Growth management ltd.

phillips, hager & north Co-Founders

dick Bradshaw

Business laureates of British columbiahall of faMe

gala Dinner & inDuction cereMonies May 16, 2013

The Business Laureates of BC Hall of Fame is an initiative of Junior Achievement of British Columbia, honouring business leaders who have made outstanding contributions to our province. Each year new Laureates are formally inducted at the Gala Dinner and Induction Ceremonies in May.

presented by:

2013 laureate inductees, dr. norman keevil, dr. rudy north, hassan khosrowshahi, dick Bradshaw, Judy hager (accepting on behalf of her late husband, Bob hager) and John montalbano (accepting on behalf of the late Art phillips).

This year’s Gala raised over $670,000 to help JABC deliver free business education programs for youth and inspire the next generation of business and community leaders. With the attendance of HRH The Duke of York, the Gala has become an event fit for royalty.

dr. norman B. Keevilo.B.C., ph.d, ll.d.Chairman, teck resources ltd.

hassan Khosrowshahio.B.C.Chairman, persis Group of Companies


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top left photo:his royal highness, the duke of york.

Bottom left photo:(l-r) Barbara Brink, Gala Co-Chair, Jan Bell-irving, president & Ceo, JABC, Casey Forrest, JABC Board Chair and partner at pFm executive Search with Frank mckenna, keynote Speaker.

middle left photo:tony parsons of CBC news, emcee.

Gary laxon, director, private Banking, Scotiabank private Client Group, Co-presenting Sponsor.

William Westeringh, managing partner, Fasken martineau Co-presenting Sponsor, with Jan Bell-irving, president & Ceo, JABC.


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AnnuAl report

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Business laureates of Bc gala Dinner

Presenting sPonsors anD after Dinner recePtion sPonsors $35,000

Canaccord Financial Inc.

eVening ProDuction sPonsor $20,000

pFM executive Search

laureate chaMPion sPonsor $25,000

the Jim pattison Group

laureate selection sPonsor $25,000

stuDent aWarDs sPonsors $25,000

anonymousrBC Wealth Management

teck resources limitedteluS

recePtion sPonsor $20,000

Wesbild Holdings limited

sPeaker sPonsor $20,000

Cn

(l-r) peter Blake, Ceo, ritchie Bros. Auctioneers and Gala Co-Chair, Judith Guichon, lieutenant Governor of BC, with kelly heed, Vice Chairman, Colliers international.

“The Business Laureates of British Columbia Hall of Fame, created by Junior Achievement British Columbia, provides a platform to recognize those leaders in the community who have not only achieved

success in business, but more importantly, have provided strong leadership in

their community and mentored young entrepreneurs and professionals to help

them achieve their own goals. As the representative of Her Majesty The Queen

and on behalf of the people of British Columbia, congratulations to the 2013

inductees. Thank you for your continued leadership in the community.”

the honourable Judith Guichon, oBC —Lieutenant Governor of British Columbia


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PlatinuM sPonsors $10,000

austeville properties ltd.BlakesBoston pizza International Inc.CIBCClark Wilson llp

Deans Knight Capital Management ltd.Deloitteenbridge Inc.encana Corporationthe Keg restaurants ltd.

Kingswood Capital CorporationMCl Motor Carsphillips, Hager & north Investment Managementpolygon Homes ltd.

ritchie Bros. auctioneers Inc.tD Bank GroupWest Fraser timber Co. ltd.

golD sPonsors $8,000

BClCBest Buy CanadaCoast Capital Savings Credit union

Cushman & Wakefield Ltd.GoldCorp IncorporatedHSBC Bank Canada

port Metro VancouverpricewaterhouseCoopers llprBC royal Bank

rBC Wealth Management - pH&n Investment CounselSpencer Creo Foundation

silVer sPonsors $6,000

accentureBC lions Football ClubBeedie Development GroupBelkorp Industries Inc.Black press Group ltd.

BMo Bank of MontrealCanfor CorporationCapilano Suspension BridgeColliers InternationalFarris, Vaughan, Wills & Murphy

Finning International Inc.International Forest products limitedKpMG llppeter B. Gustavson School of Business - university of Victoria

rBC Capital MarketsSauder School of Business, uBCVancouver airport authorityWesbild Holdings ltd.

ProDuction sPonsor

oh Boy productions

MeDia sPonsors

BC Business MagazineCBC British Columbia

the provincethe Vancouver Sun

times Colonist

Quails’ Gate Winery

Wine sPonsor

paul BalfourDick F. BradshawJudy HagerJohn Montalbanorudy north

peter o’Sullivanphillips, Hager & north Investment Managementteck resources limited

laureate taBles


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AnnuAl report

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chairMan’s circle $250,000 +

PresiDent’s cluB $100,000 – $249,999

Donors

CorporAte, FoundAtionS, Community And GoVernment

the following list represents contributions to JABC made between July 1, 2012 and June 30, 2013. their generosity allowed more than 29,000 students to participate in our business education programs during the 2012-13 school year.

Junior Achievement’s funding partners have a lasting impact on BC’s youth. JA programs can only be delivered free to students and schools with the investment of generous donors.

Thank you for your support.

A JABC volunteer shares his experience in the classroom.


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MaJor inVestors $50,000 – $99,999

inVestors $25,000 – $49,999

Chartered professional accountantsCIBCDjavad Mowafaghian Foundation

Great-West lifeHSBC Bank CanadateluS

accentureausteville properties ltd.BC HydroColliers InternationalDeloitte & touche Foundation Canadaeconomical Insurance

Grant thornton llpprospera Credit unionScotiabank GrouptD Bank Groupteekay Corporation

senior Partners $10,000 – $24,999

BlakesBMo Bank of MontrealIntergulf Investment Corporation

national Money Mart CompanyteluS Victoria Community BoardWorkSafe BC

Partners $5,000 – $9,999

Students and teachers from panorama ridge Secondary in Surrey help JABC accept a huge cheque for $135,000.00 from Coast Capital Savings, our presenting sponsor for the Dollars with Sense program in BC.

StudentS Who pArtiCipAte in Junior AChieVement proGrAmS eArn more, StArt more BuSineSSeS, And help CreAte more JoBS.

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entrePreneurs $1,000 – $4,999

aDp CanadaConnor, Clark & lunn Financial GroupCSI Global education Inc.Duncan Sabine Collyer partners llpelM FoundationFoxhill IncorporatedGeKamloops FoundationMacDonald, Dettwiler and associates ltd.

Marin Investmentsnorco products ltd.nWM private Giving Foundationprodigy Grouprotary Club of Kamloops DaybreakSageStern partners Inc.tWG CanadaWest Vancouver Community Foundation

a.B.C. recycling ltd.am-pri Construction ltd. auld phillips ltd.Canadian Supply Chain Sector CouncilCentral okanagan FoundationCity of langfordDorigo Systems ltd.Fraser Valley Steel & Wire ltd.Fred Deeley Imports ltd.Garnett Capital CorporationHeartwood Manufacturing ltd.Ivanplats ltd.

J n Burnett Secondarylepik Construction ltd.london Drugs ltd.Mercury launch & tug ltd.Michael o’Brian Family Foundationnorjay Services ltd.park Shore Motors ltd.ritchie W. McCloy award Fundrussell Food equipment limitedStrategic Charitable Giving Foundationthomas pride Canada ltd.Vector engineering Services ltd.

shareholDers $100 – $999

JABC volunteers teach economics for Success.


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Partners $5,000 – $9,999

David r. Bain Wilfred landry robert H. lee

Casey ForrestJanis Hamiltonlois nahirney

Brian phillipsunited Way - anonymous Donors

Keith WatsonDarrell J. Wickstrom

entrePreneurs $1,000 – $4,999

shareholDers $100 – $999

Dr. James l. armstrongSiobhan aspinallBruce aungerrattan BaggaD.H. Bell IrvingJan Bell-IrvingBrenda BenhamBarbara BrinkHaji CharaniaCindy ChoiDiane DentGavin DewMandeep Dhaliwal robin DhirColin erb

Gulshan GoyalGlen Helmlingerlynne HenshawJack HooperGeorge HungerfordBarb JonesJohn C. KerrMichael l. lee phil lehnKenton lowCarole MacFarlanetim ManningDan Mclarenroderick McleanSteve Mclean

Michael MorettoJuly onoVictoria pangrick petersonBob rai Shelley rogersJohn rossalix Santorolinda Sinandrew SloanDavid thistleWendy thorpeanne towerDeborah WakehamDavid Zadak

indiViduAlS

GiFt in kind

Canada Wide MediaCompugen Inc.Greater Victoria Chamber of CommerceMicrosoft Corporation

School District #23Steve Mclean, Hewlett packard (Canada) ltd.thompson rivers universityurban Systems Foundation

“The strength of our economy is the key to our ability to provide for our citizens, and our

young people are the key to the future of our economy and so to the prosperity of all.”

dAvid BAin — JABC donorpartner, Bull, housser & tupper llp

By proVidinG youth With the SkillS neCeSSAry to BeCome innoVAtiVe, produCtiVe, And ContriButinG CitizenS, Junior AChieVement enSureS the CompetitiVe Well-BeinG oF BC’S eConomy.

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PresiDent’s cluB $100,000 – $249,999

heroes $25,000 anD oVer / 25+ Volunteers

role MoDels $10,000 anD oVer / 10+ Volunteers

accenture BMo Bank of Montreal

associates 10+ Volunteers

aDp Canadaenvision FinancialInterior Savings Credit union

Investors Group Inc.Island Savings Credit union

endoWment donorSGenerous endowment Gifts allow JA students to receive scholarships and awards for outstanding achievements.

CorporAte ChAmpionSthe Corporate Champions program acknowledges organizations for their total financial commitment and volunteers during a fiscal year.

aMBassaDors $25,000 anD oVer / 10+ Volunteers

Volunteer shares his expertise in JABC’s investment Strategies program.


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founDers $1,000,000 anD oVer

lotte & John Hecht Memorial Foundation the province of British Columbia

Pioneers $500,000 anD oVer

British Columbia Securities Commission rBC Foundation

Visionaries $250,000 anD oVer

austeville properties ltd.CIBCCoast Capital Savings Credit unionDjavad Mowafaghian Foundation

HSBC Bank CanadaInstitute of Chartered accountants of British Columbiarix Family FoundationScotiabank Group

teluSWestern Economic Diversification Canada

leaDers $100,000 anD oVer

accentureBC HydroBell CanadaBMo Bank of MontrealCanaccord Financial Inc.

Fasken Martineau DuMoulin llpGrant thornton llpGreat-West lifethe Keg Spirit Foundationlondon Drugs ltd.

pFM executive Searchphillips, Hager & north Investment ManagementtD Bank Groupteekay Corporation

Community Futures 16/37Community Futures nadinaCommunity Futures Pacific Northwest

Community Futures QuesnelCommunity Futures Stuart nechakoHaida Gwaii Community Futures

heritAGe donorSSuccessful delivery of Junior Achievement’s business education programs would not be possible without continued support from our donors. JABC has established the heritage donors program to recognize cumulative donations since 1999.

deliVery pArtnerSSpecial thanks to the following organizations that helped JABC deliver programs in communities where we do not have local staff.

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These summarized financial statements include the records of Junior Achievement of British Columbia only. The complete audited financial statements, reported on by Grant Thornton LLP, Chartered Accountants are available upon request.

financial statements

2013

1,863,901 219,705 145,215

4,269

2,233,090

460,029 75,999

2,769,118

76,698 337,915

4,211

418,824 358,268

37,904 14,389

829,385

200,000 1,739,733

1,939,733

2,769,118

2012

482,556 1,641,586

165,433 3,666

2,293,241

641,833 31,213

2,966,287

106,267 382,416

4,230

492,913 666,668

10,667 4,868

1,175,116

168,500 1,622,671

1,791,171

2,966,287

$

$

$

$

$

$

$

$

AssetsCurrent

Cash and cash equivalentsinvestmentsinterest and other receivables prepaid expenses

long-term investmentsequipment

liabilitiesCurrent

Accounts payable and accrued liabilitiesdeferred contributions, externally restrictedCurrent portion of obligation under capital lease

deferred contributions, externally restricteddeferred contributions related to equipmentobligation under capital lease

net assetsendowment unrestricted

Statement of Financial PositionJune 30


27

2013

969,946 818,410 333,324 66,288 29,361

3,200

2,220,529

1,198,320 330,489 264,323

95,404 75,057 56,167 25,182 18,418 17,539 12,665

884 10

2,094,458

126,071

(13,850)

4,841

117,062

2012

914,933 772,685 488,142 60,534 28,839

4,571

2,269,704

1,179,972 294,483 262,459

95,616 75,931 51,675 25,112

101,133 24,500 13,428

945 407

2,125,661

144,043

(40,292)

-

103,751

“The Government of British Columbia is pleased to support Junior Achievement’s work with youth

throughout the province. Providing students with a better understanding of small business, entrepreneurship

and financial literacy is an important step in ensuring the future success of

BC’s economy.”naomi yamamoto —

minister of State for Small Business, province of British Columbia

revenueContributionsSpecial eventsGovernment grant interestendowment incomeAmortization of deferred contributions related to equipment

expensesSalaries and benefitsSpecial eventsprogramsFacilitiesnational fees OfficeStaff developmentSpecial projectsAccounting and auditAmortizationinterest on capital lease obligationother

excess of revenue over expenses before undernoted

unrealized loss on investments

Gain in disposal of equipment

excess of revenue over expenses

$ $

Statement of OperationsYear Ended June 30

$ $

AnnuAl report

2012-2013

28

81

52

28

54

92

87

57

5982

91

60

72

85

68374

19

49

2773

50

6970

71 4678

7284

85

4847

68

22

516742

58

53

62

7933

10

820

23

5

343536

Participating school districts

districts shaded in green are engaged with JABC.

#5 Southeast Kootenay#6 rocky Mountain#8 Kootenay lake#20 Kootenay-Columbia#22 Vernon#23 Central okanagan#27 Cariboo-Chilcotin#28 Quesnel#33 Chilliwack#34 abbotsford#35 langley#36 Surrey#37 Delta#38 richmond#39 Vancouver#40 new Westminster#41 Burnaby

#42 Maple ridge-pitt Meadows#43 Coquitlam#44 north Vancouver#45 West Vancouver#46 Sunshine Coast#47 powell river#48 Sea to Sky#51 Boundary#52 prince rupert#53 okanagan Similkameen#54 Bulkley Valley#57 prince George#58 nicola-Similkameen#59 peace river South#60 peace river north#61 Greater Victoria#62 Sooke#63 Saanich

#64 Gulf Islands#67 okanagan Skaha#68 nanaimo-ladysmith#69 Qualicum#70 alberni#71 Comox Valley#72 Campbell river#73 Kamloops/thompson#74 Gold trail#75 Mission#78 Fraser-Cascade#79 Cowichan Valley#82 Coast Mountains#83 north okanagan- Shuswap#85 Vancouver Island north#91 nechako lakes#93 Conseil Scolaire Francophone

new in 2012 – 2013: School District #50 Haida GwaiiSchool District #84 Vancouver Island West

plus Independent Schools, Homeschooling Groups and First nations on-reserve.

54 of 60 school Districts engageD:


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Participating schools#5 southeast kootenay

Mount Baker Secondary

#6 rocky Mountain

David thompson Secondary

Selkirk Secondary

traditional learning academy

#20 kootenay-columbia

Glenmerry elementary

#22 Vernon

okanagan landing elementary

Vernon Christian School

Vernon Secondary

#23 central okanagan

anne McClymont elementary

Bankhead elementary

Belgo elementary

Chief tomat elementary

Constable neil Bruce Middle School

Dr. Knox Middle School

ellison elementary

George elliot Secondary

George pringle elementary

Glenmore elementary

Heritage Christian School

Hudson road elementary

Immaculata regional High School

Kelowna Senior Secondary

Klo Middle School

north Glenmore elementary

okanagan Mission Secondary

okanagan Montessori elementary & preschool

pearson elementary

Quigley elementary

raymer elementary

rutland Middle School

Shannon lake elementary

South Kelowna elementary

South rutland elementary

Springvalley elementary

Studio 9 School of the arts

#27 cariboo-chilcotin

Big lake elementary

Columneetza Secondary

Kwaleen elementary

likely elemementary & Jr Secondary

peter Skene ogden Secondary

Williams lake Secondary

#28 Quesnel

Correlieu Secondary

#33 chilliwack

Strathcona elementary

#34 abbotsford

abbotsford Christian School

abbotsford Collegiate

abbotsford traditional Middle School

aberdeen elementary

Clayburn Middle School

McMillan elementary

Mountain elementary

robert Bateman Secondary

St. John Brebeuf

terry Fox elementary

W.J. Mouat Secondary

Yale Secondary

#35 langley

Betty Gilbert elementary

Gordon Greenwood elementary

James Kennedy elementary

#36 surrey

a.H.p. Matthew elementary

Beaver Creek elementary

Cambridge elementary

Cloverdale Christian School

Coyote Creek elementary

Dr. F.D. Sinclair elementary

enver Creek Secondary

erma Stephenson elementary

Fleetwood park Secondary

Fraser Heights Secondary

Frost road elementary

Green timbers elementary

Holy Cross regional High School

Janice Churchill elementary

Jessie lee elementary

Johnston Heights Secondary

Kwantlen park Secondary

l.a. Matheson Secondary

Mary Jane Shannon elementary

north ridge elementary

north Surrey learning Centre

north Surrey Secondary

old Yale road elementary

Pacific Academy

panorama ridge Secondary

princess Margaret Secondary

Queen elizabeth Secondary

Semiahmoo Secondary

Sullivan Heights Secondary

Surrey Christian School

traditional learning academy

Westerman elementary

#37 Delta

Burnsview Secondary

Cliff Drive elementary

Delview Secondary

Gibson elementary

Heath elementary

north Delta Secondary

pinewood elementary

Seaquam Secondary

Sunshine Hills elementary

#38 richmond

J.n. Burnett Secondary

r.C. palmer Secondary

richmond Secondary

Steveston-london Secondary

oVer 65% oF AChieVerS indiCAte thAt pArtiCipAtion in JA CAnAdA proGrAmS hAd A SiGniFiCAnt impACt on StAyinG in SChool And enrollinG in poSt-SeCondAry eduCAtion.

Grade 5 Students learn Business Basics.

AnnuAl report

2012-2013

30

#39 Vancouver

aries alternate program

Britannia Community Secondary

Chief Maquinna elementary

Crofton House

David oppenheimer elementary

David thompson Secondary

Dr. r.e. McKechnie elementary

École Jules Quesnel elementary

edith Cavell elementary

elsie roy elementary

eric Hamber Secondary

Florence nightingale elementary

Foundation alternate School

General Brock elementary

Gladstone Secondary

Gordon House Youth Search

Hastings Community elementary

Henry Hudson elementary

J.W. Sexsmith elementary

John oliver Secondary

Killarney Secondary

lord Byng Secondary

lord nelson elementary

lord Strathcona Community elementary

lord tennyson elementary

Magee Secondary

pattison High School

point Grey Secondary

prince of Wales Secondary

Queen alexandra elementary

Queen Mary elementary

renfrew Community elementary

Shaughnessy elementary

Sir James Douglas elementary

Sir John Franklin Community School

Sir Sandford Fleming elementary

Sir Wilfred Grenfell Community School

Sir William Van Horne elementary

Sir Winston Churchill Secondary

Spectrum alternate program

St. anthony of padua School

St. George’s School

St. John’s School

St. patrick’s elementary

Stratford Hall

take a Hike program

templeton Secondary

trafalgar elementary

tyee elementary

university Hill Secondary

Vancouver Christian

Vancouver technical Secondary

Vinery alternative program

West alternative program

West point Grey academy

York House School

#40 new Westminster

Herbert Spencer elementary

#41 Burnaby

Burnaby Central Secondary

Burnaby north Secondary

Burnaby South Secondary

Byrne Creek Secondary

Capitol Hill elementary

Cariboo Hill Secondary

Clinton elementary

Douglas road elementary

Gilmore Community elementary

Inman elementary

Marlborough elementary

Moscrop Secondary

Sperling elementary

#42 Maple ridge-Pitt Meadows

Blue Mountain elementary

eric langton

laity View elementary

Meadowbridge Secondary

Samuel robertson technical Secondary

#43 coquitlam

Como lake Middle School

Coquitlam alternate Basic education

Dr. Charles Best Secondary

Gleneagle Secondary

Hampton park elementary

Kwayhquitlum Middle School

Maple Creek Middle School

Minnekhada Middle School

Mundy road elementary

pinetree Secondary

pitt river Middle School

port Moody Secondary

Scott Creek Middle School

#44 north Vancouver

argyle Secondary

Blueridge elementary

Carisbrooke elementary

Carson Graham Secondary

Cove Cliff elementary

Dorothy lynas elementary

Handsworth Secondary

Highlands elementary

Holy trinity elementary

Kenneth Gordon School

larson elementary

lions Gate Christian academy

lynnmour Community School

Queensbury elementary

ridgeway elementary

Seycove Secondary

Seymour Heights elementary

St. pius X elementary

Sutherland Secondary

Westview elementary

Windsor Secondary

#45 West Vancouver

Caulfeild elementary

ridgeview elementary

rockridge Secondary

Sentinel Secondary

West Bay elementary

West Vancouver Secondary

#47 Powell river

edgehill elementary

#48 howe sound

Howe Sound Secondary

Mamquam elementary

pemberton Secondary

Squamish elementary

Whistler Secondary

#50 haida Quai/Queen charlotte

Sk’aadgaa naay elementary

#52 Prince rupert

Charles Hays Secondary

#54 Bulkley Valley

Houston Secondary

#57 Prince george

College Heights Secondary

D.p. todd Secondary

Duchess park Secondary

Heritage elementary

Kelly road Secondary

lakewood Jr. Secondary

Malaspina elementary

pineview elementary

prince George Secondaryrecent participant in JABC’s Business Basics program.


31

#58 nicola-similkameen

Diamond Vale elementary

Kengard alternate

Merritt Bench elementary

Merritt Secondary

#61 greater Victoria

arbutus Middle School

Campus View elementary

Cedar Hill Middle School

Central Middle School

Colquitz Middle School

Discovery School

Doncaster elementary

esquimalt High School

Gordon Head Middle School

Hillcrest elementary

lambrick park Secondary

Margaret Jenkins elementary

Maria Montessori academy

Mount Douglas Secondary

oak and orca Bioregional School

oak Bay High School

Pacific Christian School

pembroke Street School

reynolds Secondary

rogers elementary

Shoreline Community School

Spectrum Community School

St. andrew’s regional High School

St. Margaret’s School

St. Michael’s university School

Strawberry Vale elementary

torquay elementary

Victoria High School

#62 sooke

Belmont Secondary

Dunsmuir Middle School

edward Milne Community School

Hans Helgesen elementary

Happy Valley elementary

John Stubbs Memorial School

Metchosin technical Centre

Pacific Secondary

Sangster elementary

Savory elementary

Spencer Middle School

Westshore Centre for learning and training

#63 saanich

Bayside Middle School

Individual learning Centre

parkland Secondary

prospect lake elementary

royal oak Middle School

Stelly’s Secondary

#64 gulf islands

phoenix elementary

#68 nanaimo-ladysmith

Cedar Community Secondary

Chase river elementary

Cinnabar Valley elementary

Coal tyee elementary

Hammond Bay elementary

pleasant Valley elementary

rutherford elementary

uplands park elementary

Woodlands Secondary

#69 Qualicum

Ballenas Secondary

Kwalikum Secondary

Springwood Middle School

#70 alberni

alberni District Secondary

John paul II Catholic School

Maaqtusils School

ucluelet Secondary

#71 comox Valley

École puntledge park elementary

George p. Vanier Secondary

#72 campbell river

École des Deux Mondes elementary

timberline Secondary

#73 kamloops/thompson

a.e. perry elementary

at risk Youth Kamloops

Barriere Secondary

Beattie School of the arts

Chase Secondary

Clearwater Secondary

Dallas elementary

Heritage Christian School

Kamloops Christian School

logan lake Secondary

norkam Secondary

Pacific Way Elementary

parkcrest elementary

rayleigh elementary

robert l. Clemitson elementary

Sa-Hali Secondary

Skelep School of excellence

South Kamloops Secondary

St. ann’s academy

Summit elementary

Westmount elementary

#74 gold trail

ashcroft elementary

ashcroft Secondary

Cache Creek elementary

David Stoddart Secondary

Kumsheen Secondary

lillooet Secondary

#75 Mission

Mission Secondary

#78 fraser cascade

Hope Secondary

Seabird Island Community

elementary and Secondary

#79 cowichan Valley

Cowichan Secondary

Frances Kelsey Secondary

Quamichan Middle School

Queen of angels School

#82 coast Mountains

Hazelton Secondary

#84 Vancouver island West

ray Watkins elementary

#85 Vancouver island north

eagle View elementary

north Island Secondary

#91 nechako lakes

lakes District Secondary

nechako Valley Secondary

#93 conseil scolaire francophone

École Victor Brodeur

“Junior Achievement provides the model and path for students to ‘get there’ and pursue building a business of their own that contributes and gives back to the

community and their school.”mike ruttan —

retired principal, Alberni district Secondary School

By helpinG youth StAy in SChool, enCourAGinG entrepreneurShip, And teAChinG FinAnCiAl literACy SkillS, JA CreAteS An AnnuAl return to SoCiety oF $45 For eVery $1 Spent.

AnnuAl report

2012-2013

32

chair: casey forrestpFM executive Search

Barbara Brinkapplied Strategies ltd.

cindy choiChan Choi & Company

Diane Dentaccenture

colin erbDeloitte

Junior achieVeMent

of Bc

Board of directors

Phil lehn CIBC

kenton lowritchie Bros.

carole Macfarlaneeducation Consultant

tim ManningrBC royal Bank

Dan MclarenCommonwealth Mortgage Corp.

Michael MorettoBC Securities Commission

lois nahirneyteekay Shipping (Canada) ltd.

rick PetersonWaterfront Mining Group

Darrell WickstromFasken Martineau DuMoulin llp

rob DuncanDuncan Sabine Collyer partners llp

AnnuAl report

2012-2013

32


33

gala dinner andinduction ceremonies cabinetco-chair peter Blake, Chief Executive Officer, Ritchie Bros. Auctioneersco-chair Barbara Brink, C.m., o.B.C., Vice president, Applied Strategies ltd.

Past chairs John C. Kerr, C.m., o.B.C., ll.d., Chairman, lignum investments terry A. lyons, Chairman, eacom timber Corporation Conrad pinette, president, Condor holdings Jim shepard, Chair, CC4JoBS

caBinet MeMBers

olin Anton, managing partner, deloitte & touche llp Kevin d. Bent, Pacific Newspaper Group & Postmedia Network Inc.robin dhir, president & Coo, twin Brook developments ltd.pat elemans, Assistant dean, peter B. Gustavson School of Business, uViCCasey forrest (Ex-Officio), Partner, Pinton Forrest & MaddenKelly heed, Vice-Chairman, Colliers internationalGeorge hungerford, o.C., o.B.C., hungerford propertiesGary laxon, director, private Banking, Scotia private Client Groupphil lehn, Vice president, Commercial Banking, BC, CiBCKenton low, Vice president, marketing, ritchie Bros. AuctioneersJason ludwig, Vice president of marketing, the Vancouver Sun/the provincedan mclaren, president, Commonwealth mortgage Corp.dale parker, Corporate directorJane peverett, Corporate director, encana and CiBCJohn scott, Ceo, Scott Construction ltd.Will Westeringh, managing partner, Fasken martineau dumoulin llpJohn Winter, president & Ceo, BC Chamber of Commerce

laureate selection coMMittee

Brian Canfield, C.m., o.B.C., d.tech. ruston (rusty) Goepel nancy mcKinstry, C.m.

“His Royal Highness was delighted to meet a number of your Hall of Fame

Business Laureates. The Duke of York was very pleased to have the opportunity to meet four of your young Achievers and

to hear directly from them about the impact of Junior Achievement on their

career development. His Royal Highness sends his best wishes to you for the

continued success of Junior Achievement in British Columbia.”

AmAndA thirsK —private Secretary to the duke of york

Barbara Brink, Gala Co-Chair with hrh the duke of york.

AnnuAl report

2012-2013

34

Meet the JaBc team

Jan Bell-irvingpresident

andrew sloanVice president, Marketing & Communications

esther leeOffice Manager

heather schellenbergBook-keeper

Provincial administration

Developmentalix santoroVice president, Development

siobhan aspinallSenior Development Officer

linda sinManager, Development and events

theresa frazaoDevelopment assistant

Programs

Standing (l-r): deborah Wakeham, Gail Stroud, theresa Frazao, Jason ranchoux, linda Sin, Santhy yeager, tara Warren, Siobhan Aspinall, linda Conn, Cheryl Borgmann, esther lee, laura roberts, ivy Chan and Barb Jones. Seated (l-r): Anne tower, Jan Bell-irving, Alix Santoro and Andrew Sloan.

anne towerVice president,programs & regional operations

kamloops regiongemma gowlingregional Manager, Kamloops

lower mainland regionlynne henshaw regional Manager, lower Mainland

Barb Jonesprogram Manager, High School programs

cheryl Borgmannprogram Manager, Middle School programs

ivy chanprogram Manager, Middle School programs

laura robertsprogram Manager, Fraser Valley

tara Warrenprogram assistant

northern BC regionJack hooperregional Manager, northern BC

David Wahlundprogram Coordinator, northern BC

okanagan regionJason ranchouxregional Manager, okanagan

Beth Veenkampprogram Coordinator, okanagan

santhy yeagerprogram Coordinator, okanagan

Vancouver island regionDeborah Wakehamregional Manager, Vancouver Island

linda connprogram Coordinator,Victoria

gail stroudprogram Coordinator, Central and upper Vancouver Island


35

PurPose

To inspire and prepare young people to succeed in a global economy.

Vision

JA will be the partner of choice for businesses, educators and policy-makers around the globe seeking to expand workforce and economic development.

We will be revered for providing experiences that promote the skills, understanding and perspectives students will need to succeed in a global economy and become productive, contributing members of society.

Values Belief in the boundless potential of young people.Commitment to the principles of market-based economics and entrepreneurship.Passion for what we do and honesty, integrity and excellence in how we do it.Respect for the talents, creativity, perspectives and backgrounds of all individuals.Belief in the power of partnership and collaboration.Conviction in the educational and motivational impact of relevant, hands-on learning.

the Ja Worldwide vision

JABC students meet achievers from around the world at each year’s next Generation leaders Forum.

Junior achieVeMent of British coluMBiaSuite 110 - 475 West Georgia StreetVancouver, BC V6B 4m9

t: 604.688.3887F: 604.689.5299email: [email protected]

regional offices

Vancouver island regionokanagan regionkamloops regionnorthern BC region

Charitable registration #11897 - 6166 rr0001

WWW.JaBc.org

JA British Columbia 2012-13 Annual Report

Documents

Transcript of JA British Columbia 2012-13 Annual Report