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2006 Annual Report

Think Big. Give Wisely.

T ides Canada was founded with a unique goal: to grow and organize resources for the environment and social justice. Our founding donors and board of directors, all seasoned philanthropists and social entrepreneurs, saw gaps in the Canadian philanthropic and charitable landscape: an underdeveloped donor base for

environmental and social justice organizations, and the need for a “natural home” for social change philanthropy.

Six years from start-up, we are well en route to realizing our founders’ vision. By the end of 2006, Tides Canada had granted over 29 million to hundreds of social justice and environmental organizations; and our donor base of strategic philanthropists grows every year. Along the way, we pioneered an international giving service that enables Canadian donors to make receipted gifts to all the places they care about. Our donor partners are changing lives and bringing hope to fellow Canadians and people in Africa, South America, the Middle East, and Southeast Asia.

Tides Canada is privileged to help donors support excellent organizations that advance effective strategies for environmental sustainability and lasting social change. Featured in the following pages are some of these innovators and their stories. They are making huge waves in their local communities, across Canada, and all over the world.

Our biggest accomplishment for 2006 was our contribution to the protection of Canada’s 21 million acre Great Bear Rainforest in British Columbia, the largest and most significant integrated conservation project in North American history. For a planet with too few environmental achievements to celebrate, news of The Great Bear captured the world’s imagination. The story was on virtually every TV, radio and print outlet in Canada. It made front-page of the Washington Post, and was featured in 1,000 news articles including a major piece in the New York Times.

And this year we were honoured to welcome Oxfam Canada’s organizational endowment into our family of funds. They chose to establish their fund with Tides Canada because of our shared values and Socially Responsible Investment policy.

As we look back on 2006, the following highlights emerge:

• Launching the Tides Canada Social Justice Fund. Begun with a $1million challenge grant from Carol Newell and the Endswell Foundation, this collaborative giving fund brings donors together on social justice grant making. Working with Canadian Women’s Foundation, we made the first grants to four innovative violence prevention programs in British Columbia. We also convened a Toronto-based working group composed of key stakeholders focused on affordable housing and homelessness issues.

• Launching Sage Centre’s Ontario demonstration project. With funding from the Ontario Trillium Foundation and in partnership with Agora Foundation, we are piloting our incubation, infrastructure support, and mentoring model for emerging charitable initiatives. The project features a “Learning Circle” composed of charitable sector funders and policy makers which will share their recommendations on the model.

• Growing environmental philanthropy. Tides Canada, in partnership with Green Legacies, a collaboration of environmental organizations, commissioned research that showed that while environmental awareness in Canada is at an all-time high, environmental philanthropy is alarmingly low and has remained stagnant over the last 10 years. We are proud to support a unified national communications campaign aimed at increasing environmental giving.

• Co-hosting Canada’s first ever National Strategy Session on Social Finance to map an accelerated growth plan for the financial infrastructure urgently needed to support Canada’s charitable sector. Our partners included: Vancity, JW McConnell Family Foundation, PLAN, and Carleton University.

Tides Canada’s rapid growth in the first six years confirms our founders’ belief that social and environmental values are important to Canadians and that it is possible to address the huge gaps in funding and capacity for environmental and social justice work.

But there is still so much to be done. And at Tides Canada, we are dedicated to continue building an engaged donor community to support and further the work of environmental and social change leaders.

Thank you to all our donor partners, colleagues, and program funders for your invaluable and sustained support of social justice and environmental causes. It is a true privilege and pleasure to work with you as you effect positive change in Canada and around the world.

Sincerely,

Tim Draimin, Executive Director

From the Executive Director

Tides Canada Foundation—2006 Annual Report 1

2006 At-A-Glance

Total assets invested under Socially Responsible

Investment Principles: $15.3 million

Grants and program expenditure: $6.7 million

Number of Grants: 308

New Funds Opened: 30

Total gifts to Tides Canada: $7.6 million

From Start-Up in Dec. 2000 to Dec. 31, 2006

Grants and Program Expenditure: $29.1 million

Total gifts to Tides Canada: $43.5 million

B ritish Columbia’s North and Central Coast, called The Great Bear Rainforest, is part of the largest intact coastal temperate rainforest remaining on Earth, and is one of the world’s greatest ecological treasures. A land of old growth forests and rich salmon streams; it is a haven for

wolves, eagles, and bears and home to ancient First Nation cultures. Until 2006, the Great Bear Rainforest was a threatened wilderness.

But on February 8th, 2006, after over a decade of exceptionally hard work, an unprecedented and historic alliance among environmental groups, First Nations, logging companies and governments marked a watershed event in modern conservation. The Province of British Columbia and coastal First Nations announced long-awaited land use agreements that protect at least 5 million acres of the rainforest from logging and places more than 18 million acres under strict land management guidelines called Ecosystem Based Management.

Almost a year later, on January 21st, 2007, the Federal Government committed $30 million to complete the $120 million Great Bear Rainforest conservation financing initiative which will provide conservation management and economic diversification funds for First Nations in the region.

Tides Canada leads the Canadian fundraising initiative to support the commitment by private funders to match public investments in the conservation financing program. Having supported the coalition-building and scientific research that contributed to this agreement, Tides Canada worked with The Nature Conservancy to raise funds for this initiative in Canada and the United States.

Tides Canada celebrates this extraordinary vision for sustainability crafted by Canadians. We salute the pioneering efforts of Greenpeace Canada, Sierra Club of Canada- British Columbia Chapter, ForestEthics, and the Rainforest Action Network, and the dedication to sustainability demonstrated by the First Nations of coastal British Columbia.

We are proud to be part of the Great Bear Rainforest project, one of the largest and most ambitious conservation initiatives in history and a template for future conservation successes around the globe.


Year of the Great Bear Rainforest

“This is the greatest, most far-reaching conservation and sustainability project in British Columbia, in which we all can take considerable pride. It has been an honour to be part of this extraordinary undertaking. “

Rudy North North Growth Foundation

Donors $1 Million+ North Growth Foundation

$500,000+ Endswell Foundation

$250,000+ The Young Fund, Hamilton Community Foundation

$100,000+ Michael Robbins and Lorna McMillin Swift Family Foundation Viewpoint Charitable Foundation The Willow Grove Foundation

$75,000+ Donner Canadian Foundation

$25,000+ Ron Dembo Illahie Foundation Peter Johnson and Erin Thrall Michael and Honor de Pencier

$10,000+ Anonymous Donors Michael Detlefsen and Louise Le Beau Alice Klein Jim Morrisey Jesse and Julie Rasch Foundation Fund

$5,000+ Estate of Marguerite Germaine Jerome Drummond Pike Joel and Dana Solomon Fund Nan Shuttleworth Rosemary Speirs Barb and John Taylor

$2000+ Draimin-Haddon Fund

Up to $1000 Anonymous Donors Martha Burton Pamela Chaloult Tricia Cummings Michael and Virginia Froman-Wenban Cindy Mack Louise Mackay Ross McMillan and Darcy Dobell Paul Richardson and Lynda Prince Darcy Riddell and Jean-Michel Toriel Dr. Harald Stover and Maria Antonakos Lynne D. Whenham Jodi White Margaret Zeidler


2006 Grant Recipients

With help from our donor partners, Tides Canada awarded $ 6.7 million in grants to the following charities:

Acorn Institute Canada

Arts for Children of Toronto

Atira Women's Resource Society

Banque D'Aliments Sudbury Food Bank

BC Centre for Ability Foundation

BC Society for Non-Profit Sustainability

BC Spaces for Nature

Better Environmentally Sound Transportation

Blake Boultbee Youth Outreach Service

British Columbia Conservation Foundation

Bulkley Valley Centre for Natural Resources Research and Management

Camp Miriam

Canadian Centre for Policy Alternatives

Canadian Community Economic Development Network

Canadian Parks and Wilderness Society

Canadian Society Promoting Environmental Conservation

Canadian Women's Foundation

Centre for Addiction and Mental Health Foundation

Centre for Integral Economics

Children's Heritage Fund

City of Vancouver

City of Victoria

Collingwood Neighbourhood House Society

Couchiching Conservancy

Creative Peace Network Society

David Suzuki Foundation

Design Exchange

Dignitas International

Driftwood Foundation Society

Earthlife Canada Foundation

Ecotrust Canada

EAGLE—Environmental-Aboriginal Guardianship through Law and Education

EYA Environmental Youth Alliance Society

FarmFolk/CityFolk

Federation of Alberta Naturalists

First Three Years - Parenting Resources & Training

Foodshare Toronto

Foundations for Education - Canada

Framework Foundation

Friends of Cortes Island Society

Georgia Strait Alliance

Global Youth Education Network Society

Gray House Guild

Houselink Community Homes

Immortal Performances Recorded Music Society

Institute for Media Policy and Civil Society

Institute for New Economics Public Interest Research Association Inc

Institute of Tibetan Classics

Integra Foundation

Inter Pares

International Centre for Human Rights and Democratic Development

International Development and Relief Foundation

Jewish Federation of Greater Vancouver

Labour Environmental Alliance Society

Linnaea Farm Society

Literature for Life

The Land Trust Alliance of British Columbia

Marmot Recovery Foundation

Massett Recreation Centre Charity Corporation

Multiple Sclerosis Society of Canada

North Coast Cetacean Society

Northwest Institute for Bioregional Research Society

Nova Scotia Nature Trust

One to One Literacy

Ottawa Hospital Foundation

Pacific Foundation for Understanding Nature Society

Pembina Foundation for Environmental Research and Education

Persons with AIDS Society of BC

Peter F. Drucker Canadian Foundation

Phoenix Community Works Foundation

PHS Community Services Society

Physicians for Global Survival

Pivot Foundation

Plan Institute for Citizenship and Disability

Popular Education and Research Catalyst Centre Inc.

Power of Hope Society

QQS (Eyes) Projects Society

Raincoast Conservation Foundation

Right to Play International

Ripple Effect Arts & Literature Society

Roots of Empathy

Royal and McPherson Theatres Society

RSBC Rivershed Society of British Columbia

Sage Centre - Coast Opportunities Foundation

Sage Centre - Contact Project

Sage Centre - Cortes Ecoforestry Society

Sage Centre - Dogwood Initiative

Sage Centre - ForestEthics Canada

Sage Centre - Hollyhock Leadership Institute

Sage Centre - Island Conservation Canada

Sage Centre - Markets Initiative

Sage Centre - Naramata Conservation Initiative

Sage Centre - Northern Rivers Initiative

Sage Centre - One Northwest BC

Sage Centre - Rainforest Solutions Project

Sage Centre - Rivers Without Borders

Sage Centre - Round River Canada

Sage Centre - Salt Spring Island Land Bank Society

Sage Centre - Stickler Syndrome Educational Film

Sage Centre - Turning Point Initiative

Sage Centre - Ubuntu Choirs Network

Sage Centre - World Peace Forum

Salt Spring Island Land Bank Society

Sanctuary Ministries of Toronto

Save a Family Plan (1986)

Save the Cedar League

Schools Without Borders

Shenpen Fund Canada

Sierra Club of BC Foundation

Sierra Club of Canada Foundation

Sierra Legal Defence Fund

Smart Growth BC

Society for the Education of Children with Specific Learning Disabilities

Southern Cortes Community Association

St. Mary's Hospital Foundation Society - Sunshine Coast

Sunshine Coast Conservation Association

Tanzania Education and Micro-Business Opportunity

The Colin B. Glassco Charitable Foundation for Children

The Land Conservancy of British Columbia

The Sustainability Institute of Canada

Tlingit Family Learning Centre

Tractors for Our Daily Bread

Trust for Sustainable Forestry

United Way of Greater Toronto

United Way/Centraide Ottawa

University of Calgary

Valhalla Wilderness Society

Vancouver AIDS Society

Vancouver International Centre for Contemporary Asian Art

Vancouver Summer Festival Society

Victoria International Development Education Association

Victoria Society for Educational Alternatives

Western Canada Wilderness Committee

Western Canadian Pediatric Aids Society

Wildsight

Working Women Community Centre

World Wildlife Fund - Canada

York House School Society

Youth Challenge International

Yukon Conservation Society

Q&A with Debbie Field,

Executive Director

T oronto-based Food Share has been working on food and

hunger issues for 22 years. Their multi-awarded grassroots

projects promote healthy eating, teach food preparation and

cultivation, develop community capacity and create non-market-

based forms of food distribution.

Executive Director Debbie Field is a recognized leader in the world of

food security and has been instrumental in the growth of more than

400 student nutrition programs in Toronto.

Tell us the story of the Sunshine Garden.

The Sunshine Garden is a 7000 sq ft urban market garden on the

grounds of the Centre for Addiction and Mental Health Toronto

(CAMH). It is a community-driven project with the goal to bring both

skills and confidence to patients at the hospital. It won the Green

Toronto Award in 2005. But the funding stopped and we almost had

to stop digging. Tides and the Funding Network came through with

over $14,000 to keep the garden going. Now the hospital funds the

garden.

When do you know the hard work is worth it?

I heard a story about a patient who works in the garden who said his

blood pressure had gone down and hadn’t needed to see to his

doctor in months. Then he added, “You’ll be proud of me, I’ve only

been to Mcdonald’s once this week instead of three”.

Where do the vegetables grown in the garden go?

They are sold at the growers market, go to www.foodshare.net to find

out how to buy them.

What are you working on at the moment?

We’re trying to change the curriculum of schools to include food

literacy as a part of the formal education system in Canada.


Grant Recipient: FoodShare

“We believe food is vital to the health of individuals and communities, and that access to good, healthy food is a basic human right.”

“The healing nature of gardening is incredible, every hospital in the country should have a therapeutic garden.”

Q & A with Mae Burrows, Executive Director

O ffering workshops on toxic inventory substitution in offices, schools and homes,

LEAS has become recognized as Canada's leading organization that identifies and

eliminates the exposure of toxic chemicals to workers and families.

Can you share some of the outcomes from the workshops?

A working single mom from Vancouver Island attended our workshop for cleaners of

hospitals. She then convinced her hospital’s board to support her project of identifying

and substituting products containing carcinogens. She was able to stop staff and patients

from being exposed to harmful chemicals – and prevent runoff

going directly into the ocean…. that’s tens of thousands of litres of

carcinogenic chemicals NOT going into the Georgia Strait

everyday.

A woman from the Langley school district came to a workshop. She

then went back to her school district, which has since come up

with a district wide mission statement to eliminate toxic products

from their schools, and gave maintenance workers the right to

refuse using these products.

How has Tides Canada helped LEAS move forward?

Tides was the first organization that had faith in our vision for our Cancer Smart

Consumer Guide. We've sold nearly 30,000 copies and The Toronto Star's environment

reporter called it "required reading for all Canadians."

It has fundamentally transformed thousands of buyers' behaviors. A survey we did

recently found that after reading this guide:

● 95% of people changed their behavior in the products they buy.

● 62% spoke to a politician to get ‘right to know’ labeling on products.

● 60% quit using pesticides after using the guide

How does your work create sustainable change?

There is a fabulous offspring from replacing dangerous products, which creates green

entrepreneurship. Since we started, we have seen toxic products go off the market and

green products come on. The whole process empowers people to make change.


Grant Recipient: Labour Environmental Alliance Society

T he Taku River Tlingit First Nation people have a special

relationship with their land. Their environmental and cultural

value system stems from a deep rooted understanding of a

reciprocal interdependency with all life forms.

The Tlingit Family Learning Centre offers Taku River Tlingit families

child care, an After-school Culture and Language Program, language

classes taught by elders, employment counseling and training. It also

serves as the hub for conservation and sustainable economic

development projects within the Taku River Watershed, the largest

unprotected and pristine watershed in western North America.

Since 2000, Tides Canada has been working with the Taku River Tlingit

First Nation to support them in their efforts to protect their aboriginal

rights and title and their traditional territory and culture.


“The children love to perform and feel good that they have made their own regalia and drums. The parents are pleased to see their children practicing their traditions and learning who they are and where they come from.”

“The children are very knowledgeable about their land, how vegetation works, and natural medicines. They taught me about different salmon species and their habitat. These traditional values need to be passed on.”

Grant Recipient: Tlingit Family Learning Centre

“The Tlingit way of life is strongly connected to the mother earth. Our elders taught us to respect and sustain our land for future generations. “

Charitable Giving Funds Anonymous Funds

7th Generation Fund

African Rural Development Fund

ASEM Canada Fund

Ashoka Canada Fund

Aurora Fund

Ball Family Foundation Fund

Brainerd Northern Rivers Initiative Opportunity Grants Fund

British Columbia Fund

British Columbia Marine Planning Fund

Brothers Footprints Fund

Bullitt Foundation Olympic Legacy Fund

Canadian Boreal Fund

Canadians for Popular Education in Health(EPES) Fund

CANRAD Fund

Cassils Wettstein Asia Fund

Chandos Fund

Chauvel Fund

CHOICE Humanitarian Fund

Clayoquot Conservation Fund

Coast Opportunities Foundation Fund

Communicopia Fund

Community Investment Research & Development Fund

Contact Project Fund

Cortes Ecoforestry Fund

Dadiya Rural Development Fund

Dalai Lama Centre for Peace and Education Fund

Dignitas International Fund

Division of PM&R Fund

DLN Fund

Don Rubenstein Housing Fund

Draimin-Haddon Fund

Drug Policy Reform Fund

Elaine Dulsey Fund

Endswell Fund

Endswell Long-Term Fund

Footprints Fund

For Trees Fund

Forest Conservation Network Fund

Genocide Intervention Network Fund

Give Girls a Chance Fund

Global Security Institute Fund

Green Research Fund

Holden Village Fund

Hollyhock Scholarship Fund

Illahie Fund

Impact Fund

Independent World Television Fund

International Institute for Child Rights and Development Fund

Ivey Boreal Strategic Initiatives Fund

Jantzi Research Fund

Joel and Dana Solomon Fund

Kapasseni Society Fund

LAM Canada Fund

Light Up the World Foundation Fund

Linnaea School Building Fund

MacGavin Fund

Mae On Project Fund

Markets Initiative Fund

Naramata Conservation Fund

Northern Salmon Rivers Initiative Fund

Oceans Fund

ONE Northwest BC Fund

Oxfam Canada Fund

PACT Canada Fund

Pathfinder International Fund

(PETA) People for the Ethical Treatment of Animals Fund

Physicians for Global Survival Fund

Physicians for Global Survival Operating Fund

Pigott Family Fund

Planeterra Endowment Fun

Planeterra Partners Fund

Power of Giving Fund

Real Assets Fund

Richardson Family Fund

Room to Read Fund

SEAS Project Fund

Simons Foundation Fund

Social Justice Fund

Social Ventures Institute Fund

Sojourners Fund

SOLID Fund

Somos el Barco Fund

St. Paul's School Fund

Stephen Lewis Foundation Fund

Stickler Syndrome Support Fund

Sustaining Design Fund

Taku Tlingit Fund

Terrevive Fund

The Funding Network-Toronto Fund

Tibetan Nuns Project Fund

Twin Island Protection Fund

Tyee Fellowship Fund

Underdog Foundation Fund

V. Paul Lee Family Foundation

Vancouver Folk Music Festival Society Sustainability Fund

Vancouver Island Marmot Recovery Fund

Village Fund

Wild Faith Fund

Wild Salmon Ecosystem Fund

Wild Salmon Fund

Wildlands Project Fund

William and Flora Hewlett Canadian Oil and Gas Development Fund

William and Flora Hewlett Great Bear Rainforest Supporting Grants Fund


Thanks to Our Donor Partners

Q & A with Nina Bains-Cassils, Fund Advisor

T he Cassils Wettstein Asia Fund supports selected NGOs in Southeast Asia providing

education, improved health care, agriculture and hope to needy children and their

families.

How did your philanthropic interest start?

During business trips or adventure travels in Southeast Asia, my husband and I would

make side trips to remote villages rarely visited by tourists and were exposed to

malnourished and sickly children. We knew we had to do something.

Can you share some of your favourite

success stories?

In a mountain village in Laos we came upon

a shaman performing rites on two small

children lying on the floor, one partially

blind and the other unable to walk - both

victims of vitamin deficiency. After a month

in the local hospital both children fully

recovered. The cost for two children in

hospital for one month including doctors

fees, medicine and food for their father:

$100.

Khai Hin was born with several birth defects,

including a malformed leg, a direct result of

Agent Orange. In 2002, we provided for a new

prosthesis for his leg allowing him to run and

play ball with the other children. Today, he

climbs trees, fences, plays soccer, and roars

around faster than others with no limitations.

What are your future plans?

To assist other donors to set up similar programs

for funding. It's so fulfilling to watch our concept

become this project that has changed children's

lives. Imagine how many more children can be

helped if there were more of us doing this.


“The children's appetite for knowledge is so strong; and their determination to read, to go to school, to support their families, and to grasp new ideas is fierce.”

Donor Partner: Cassils Wettstein Asia Fund

“It's amazing how a small group like ours can make such a differ-ence. The key is: a little bit goes so far; it really doesn't take much to make a positive impact. $100 will send 2 children to school.”

“In 3 short years we've seen the Children of Forest's free day school program go from 45 children in 1 classroom to 210 children in 8 bamboo classrooms. We've had fish ponds constructed, vegetable gardens irrigated, and training programs for the benefit of poverty stricken children and their families.”

Q & A with Nicole Salmon, Fundraising Manager

I n the Horn of Africa, Oxfam Canada is making tremendous

advances pioneering Asset-Based Community Development and

is becoming a model for others in Africa and around the world.

Thanks to a joint initiative between Oxfam and a local NGO called

Hundee, millet producers in the central highlands of Ethiopia are

finally making a modest profit and have a reliable supply of grains year

-round.

In 2006, Oxfam Canada started their national endowment fund at Tides

Canada.

Why Tides for Oxfam’s endowment?

Much of our work revolves around social justice and our programs

focus on women’s rights. Real change takes time and effort,

particularly in changing the root causes of poverty. Tides Canada

mirrors our vision and values in creating change. Tides’ policy on

ethical investment was a very important consideration for us. We like

to know how our fund would be stewarded.

What does Tides offer that you can’t do yourself?

Tides brings the expertise we need to manage our endowment on a

large scale. Tides’ offers the possibility of expansion from our

traditional supporters, attracting donors we would not normally be in

contact with.

What are you excited about right now?

We're now focused on women’s rights – an area that we really could

have an impact on. After all, 70% of women in the world are living on

less than a dollar a day. Asset-Based Community Development which

we've dubbed “ABCD”, helps communities identify and build on their

assets and capacities – what they know, what they do, the resources

they can tap.


Endowment: Oxfam Canada

“Tides Canada brings the expertise we need to manage our endowment on a large scale. They offer the possibility of expansion from our traditional supporters; attracting donors we would not normally be in contact with.”


Tides Canada Foundation

Alan Broadbent Chair [1,3]

Maytree Foundation

Joel Solomon Vice-Chair [2,3,4]

Renewal Partners / Endswell Foundation

James A. Morrisey Treasurer [1]

Ernst & Young

Valerie Hussey Secretary [2,4]

Consultant—Publishing and Non-profits

Ed Levy [2]

Ilahie Foundation

Tim Draimin ex-officio [1,2,3,4]

Susan Gibson[3]

Conservationist

Susan Pigott [2]

St. Christopher House

Drummond Pike Founding Chair

Tides Foundation

Ross McGregor [4]

Toronto Region Research Alliance

Jodi White [4]

Public Policy Forum

Margie Zeidler [2,4]

Urban Space Property Group

Martha Burton Asst. Treasurer [1]

Renewal Partners

Lesley Anderson Asst. Secretary [2,4]


Committees

[1] Investment & Finance

[2] Program

[3] Governance & Nominating

[4] Donor Engagement

Tim Draimin Executive Director

Lesley Anderson Director of Philanthropic Services

Simon Jones Director, Finance and Administration

Cindy Mack Grants and Programs

Cristina R. Vélez Communications

Doug Kerr Sage Centre Ontario Project

Doug Taylor Client Services & Development Toronto

Kate Follington Executive Assistant

Katherine Beardsell Controller

Mary Hiebert Office Administration

Patricia Flores Sage Centre Client Services

Rachel Rocco Sage Centre

Shahla Sharafi Accounting & Payroll

Tricia Cummings Client Services

Staff

Maria Antonakos

Senior Associate, Development

Harvey Locke

Senior Program Advisor

Ivan Thompson


Mike Magee


Ross McMillan

Senior Associate

Advisors

Board of Directors and Officers

L-R: Valerie Hussey, Tim Draimin, Ed Levy, Margie Zeidler,

Ross McGregor, Martha Burton, Drummond Pike,

Jim Morrisey, Joel Solomon

Auditors

Grant Thornton

Legal Counsel

Margaret Mason

Bull, Housser & Tupper

Investment Advisors

Inhance Investments

Genus Capital Management

Guardian Capital LP

Past Staff (2006-2007)

Kristen Watson Controller

Florence James Executive Assistant (to July 2006)

Sarah Harvey Executive Assistant (July 2006 –May 2007)

Ping Xu Accounting Assistant


Thank You for Your Support

Photo Credits

Cover (clockwise)

FoodShare/Laura Berman Sea Lions in the Great Bear Rainforest: Ken Beatty Little Prince Rupert Girl: Al Harvey/slidefram.com Kermode Bear: Ken Beatty

Footer (From L-R)

Sea Lions in the Great Bear Rainforest by Ken Beatty

Reach Out Mbuya Kids, Uganda: Victoria Anismen-Reiner Stephen Lewis Foundation My fish from the net: Midori Kirby Tlingit Family Learning Centre

Ethiopia ABCD Program: Pat Kipping Oxfam Canada

Taku Bear: Doug Milek, Round River

Greeting to the fish we got in the net: Midori Kirby Tlingit Family Learning Centre

Kermode Bear: Ken Beatty

Surinder Labour Environmental Alliance Society (LEAS)

Children of the forest: Nina Bains-Cassils

CAMH garden organic farm stand: FoodShare/Laura Berman

Page 1 Tim Draimin: Jamie Kowal Photography

Page 2 Tree in the Great Bear Rainforest: Tom Green Kermode Bear: Ken Beatty

Page 3 Background photo: FoodShare

Page 4 All photos: FoodShare/Laura Berman

Page 5 All photos: LEAS

Page 6 All Photos: After-school Culture and Language Program, Midori Kirby

Page 7 Background photo: Tom Green

Page 8 All photos from the Children of the Forest Program: Nina Bains-Cassils

Page 9 Photo: Pat Kipping, Oxfam Canada

Page 10 Board of Directors Photo: Melvin Yap/yap.dphoto.com Background photo: FoodShare/Laura Berman

Pages 11 and 12 Background photo: FoodShare/Laura Berman

Sage Ontario Learning Circle

Alan Broadbent

Amanuel Melles

Anita Stellinga

Bruce Lourie

Carolyn Milne

Chris Brillinger

Christopher Smith

David Stevens

Leslie Wright

Lynn Eakin

Lynne Toupin

Martin Connell

Michael Manolson

Nathan Gilbert

Pat Bradshaw

Pat Else

Patrick Johnston

Sandy Houston

Affordable Housing Toronto

Working Group

Alan Broadbent

Alan Pyle

Alex Speigel

Beatriz Tabak

David Hulchanski

David Peters

David Walsh

Genevieve Vallerand

Heather McGregor

Jeff Evenson

Jerry Maisner

John Van Nostrand

Julia Deans

Margie Zeidler

Maureen Fair

Michael Lewkowitz

Rick Eagan

Sally Wright

Susan Pigott

Valerie Hussey

Aaron Pereira

Al Etmanski

Al Harvey

Amyn Musa

Anderson Charters

Andre Carothers

Andres Dussan

Andrew Sniderman

Andy Goodman

Ann Krumboltz

Arifin Graham

Arthur Wood

Bev Wybrow

Bill Carter

Bill Young

Bonnie McFarlane

Bonnie Sutherland

Brian Harrison

Brian Pinch

Caroline Cramer

Carol Hunter

Carrie Butcher

Colin Doylend

Coro Strandberg

Dale and Cindy Hogg

Dana Bass Solomon

Dave Mowat

David Jeffrey

David Berge

Don Lin

Erica Bailey

Eugene Ellmen

Farouk Jiwa

Greg Kiessling

Gregor Robertson

Heather Topp

Hendry Swinton McKenzie

Ilana Landsberg-Lewis

Jane Levikow

Janice Stein

Janis Margolis

Jason Mogus

Jennifer Johnstone

Jennifer Leonard

Jennifer Simons

Jesse Moore

Joan Blight

Karen Mahon

Katharine Pearson

Kathryn Townsend

Kaye Jackson

Ken Johnston

Ken Beatty

Kim Bilous

Kristin Watson

Laird Hunter

Linda Caisley

The Latremoille Group

Lois Lemke

Lorne Pollock

Malcolm Burrows

Maria Dobrinskaya

Marian Moore

Mark Blumberg

Mark Palmer

Mark and Susan Torrance

Maxine Crook

Michael de Pencier

Michael Goodman

Michael Jantzi

Michael Lewkowitz

Michaela Moudra

Natasha van Bentum

Nathan Gilbert

Nora Layard

Paul Born

Paula Glick

Peter and Midori Kirby

Peggy Lee

Peter Johnson

Peter Mortifee

Peter Poole

Pic Walker

Rhea Suh

Richard Ivey

Richard Jeo

Rick Smith

Rob Follows

Robyn Sussel

Ron Dembo

Russell Cobb

Ruth Bender

Ryan Thompson

Sam Tucker

Sara Gould

Scott Rehmus

Seth Klein

Shauna Sylvester

Sol Kasimer

Stephen Huddart

Stephen Lewis

Stephen Whipp

Steve Johnson

Steve Vaccaro

Susan Bell

Susan Latremoille

Susanne Jeffery

Suzanne Hawkes

Ted Jackson

Ted Richmond

Terry Bisset

Tim Brodhead

Tom Williams

Tony Grundhauser

Tony Pigott

Tonya Surman

Vali Bennett

Walter Ross

Will Horter

Program and

Operational Support

The Brainerd Foundation

The Bullitt Foundation

The David and Lucile Packard

Foundation

Donner Canadian Foundation

Endswell Foundation

Ford Foundation

Hamilton Community Foundation

Ivey Foundation

J.W. McConnell Family Foundation

The Gordon and Betty Moore

Foundation

The Nature Conservancy

Ontario Trillium Foundation

Rockefeller Brothers Fund

Sacharuna Foundation

Tides Foundation

Vancity

Wallace Global Fund

Weeden Foundation

Wilburforce Foundation

The William and Flora Hewlett

Foundation

Renewal Partners / Endswell

Foundation

Alexandra Pearson

Anna Strom

Carol Newell

Jacqueline Zhu

Joel Solomon

Julia Watson

Laurel Brewster

Lynne Whenham

Martha Burton

Pamela Chaloult

Paul Richardson

The Funding Network-

Toronto

Chris Varley

Janis Rukavina-Thomas

Jeff Melanson

Patrick Phillips

Sandra Shaul


Year Ended

December 31, 2006

Year Ended

December 31, 2005

ASSETS

Current

Cash 767,921 375,280

Term deposits 1,170,332 1,853,800

Investments 8,479,984 6,493,585

Donated assets 49,816 49,816

Accounts receivable 533,176 1,644,676

Trust assets 6,744,687 6,567,766

Prepaid expenses and other 22,453 12,580

17,768,369 16,997,503

Property and equipment 28,560 44,516

TOTAL ASSETS $17,796,929 $17,042,019

LIABILITIES

Current liabilities

Accounts payable and accrued expenses 137,479 238,420

Trust liabilities 6,744,687 6,567,766

6,882,166 6,806,186

TIDES CANADA FOUNDATION (Incorporated under Society Act of British Columbia) Statement of Financial Position

Year Ended

December 31, 2006

Year Ended

December 31, 2005

General Externally

Restricted

Endowments Total Total

REVENUES

Support grants and earned income 258,571 - - 258,571 526,143

Other grants and donations 5,457,335 1,788,897 134,594 7,380,916 7,343,836

Investment and other revenue 640,126 - 19,706 659,832 336,316

TOTAL REVENUES $6,356,032 $1,788,987 $154,300 $8,299,319 $8,206,295

EXPENSES

General and Administrative 692,705 259,210 7,574 959,489 848,678

Grant and program expenditures 5,165,809 1,492,501 2,590 6,660,900 5,278,390

TOTAL EXPENSES $5,858,514 $1,751,711 $10,164 $7,620,389 $6,127,068

Excess of Revenues over Expenses 497,518 37,276 144,136 678,930 2,079,227

Transfers (556,760) 549,425 7,335 0 0

Fund balances beginning of year 8,614,471 1,248,716 372,646 10,235,833 8,156,606

FUND BALANCES END OF YEAR $8,555,229 $1,835,417 $524,117 $10,914,763 $10,235,833

Statement of Operations and Changes in Fund Balances

Financials


Vancouver

#680-220 Cambie St.

Vancouver, BC V6B 2M9

T 604-647-6611 F 1-866-780-6611

Toronto

#360-215 Spadina Ave.

Toronto, ON M5T 2C7

T 416-481-8652 F 1-866-780-6611

1-866-TIDESCA (843-3722)

toll-free within Canada and the U.S.

[email protected]

Canadian Registered Charitable

Tax Number:

86894 7797 RR0001

Note: Extracted from the consolidated financial statements of Tides Canada Foundation and Sage Foundation full copies of which are available at: www.tidescanada.org/cms/page1346.cfm

FUND BALANCES

General Fund

Unrestricted 290,410 247,986

Internally restricted for future operations 1,149,314 751,631

Internally restricted for grantmaking 7,086,945 7,570,338

Invested in property and equipment 28,560 44,516

General Fund 8,555,229 8,614,471

Endowments 524,117 372,646

Other externally restricted funds 1,835,417 1,248,716

10,914,763 10,235,833

TOTAL LIABILITIES AND FUND BALANCES $17,796,929 $17,042,019

think big. give wisely. - tides canadatidescanada.org/wp-content/uploads/files/ar2006.pdf ·...

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