thirty years of helping - salt spring island...
TRANSCRIPT
In June 2015, I will be stepping down as Chair of the Founda-tion’s Board of Directors. It has been a wonderfully fulfilling experience, and I am truly grateful for the opportunity to have been part of the Foundation’s success.
Your kindness and generosity over the past three decades are truly humbling, and I am honoured to have been a member of the team connecting your contributions with island charities. I hope that islanders are proud of their Foundation.
We marked our 30th anniversary in 2014, and it was a special year in many ways. Our Party in the Park in August was a joyful celebration with our colleagues, friends and the public. Our asset base grew by almost $1 million, and we continued to adapt to our growth. By the end of the year, we took a huge step in this process by signing a lease on office space at 158A Fulford Ganges Road. The office will allow us to consolidate our records, have a physical presence and offer meeting space and services to island charities.
Our Foundation team is working proactively with Salt Spring organizations to ensure that our growing grant dollars are used as effectively as possible. We are expanding our Board and have welcomed Kisae Petersen as our bookkeeper.
I send my sincerest thanks to our donors, our Board and committee members, and the volunteers and staff working in island charitable organizations for their commitment to keep Salt Spring the vital community we all love to call home.
Thank you.
The Board of Directors: (l to r) Kees Ruurs (Chair, Community Engagement Committee), Gary Morrison (Incoming Chair, Governance Committee), Janine Fernandes-Hayden (Chair, Grants Advisory Committee), John Binsted (Outgoing Chair, Governance Committee), Mary Rose MacLachlan (Liaison, Foundation of Youth), Kate Merry (Director at Large), Carol Biely (Chair, Board of Directors), Bob Moffatt (Director at Large), Lesley Reynolds (Chair, Communications Committee), Terry Bolton (Chair, Finance and Investment Committees)
Thirty Years Of Helping
2014
Highlights
SSI Foundation, Box 244, Ganges PO, Salt Spring Island, BC, V8K 2V9www.saltspringislandfoundation.org TEL: 250 537 8305
Connecting your giving with island needs
• The Foundation celebrated 30 years of giving
• Donations and bequests totalled $809,610
• The Foundation gave over $156,000 in grants to local charities
• Our Community Endowment Fund grew to over $6.2 million
• The Foundation of Youth gave its first grants to community projects supporting our youth
• The Foundation moved into its first office, located in downtown GangesCarol Biely, Chair, Board of Directors
Annual Report
Big Brothers Big Sisters of CanadaTo purchase supplies for mentors and stu-dents participating in the Salt Spring Island In-School Mentoring Program. In 2014, 22 children were matched with mentors at Salt Spring Island Elementary School. Funding is also being provided for a trial of this program at Fernwood School. This grant is partially funded by the CIBC Children’s Foundation.
Gulf Islands Marine Rescue SocietyFor the purchase of dry suits and thermal undergarments to ensure crew safety.
Island Arts Centre Society (ArtSpring)To support the replacement of the ArtSpring roof, which had been in place for 20 years and had reached the end of its lifespan.
Island PathwaysTo assist in the construction of two new sections of pathways on Upper Ganges Road. The project is part of Ganges Village Pathway Network, which promotes safe, non-motorized transportation on Salt Spring Island. This is the second year of a multi-year grant.
Island Women Against Violence (IWAV)For the From Surviving to Thriving program for women in second-stage housing fleeing violence and abuse. The program offers a 10-month series of facilitated work-shops providing art therapy, journalling, guest speakers and community-building activities aimed at empowering women to break the cycle of abuse and gain skills for a successful future. Funding has also been provided for evaluation of this pilot project.This grant is supported by funds from the Unger Family Fund for Children and their Mothers and Senior Women in Need.
Thanks to the generosity of residents and friends of Salt Spring Island, the Foundation provided over
$156,000 in grants to 17 charitable organizations in 2014. The funded projects tackle a wide range of community needs and will have a significant impact on the quality of life on Salt Spring.
Gulf Islands Marine Rescue SocietyBig Brothers Big Sisters of Canada
Island Pathways
2014 Grant Recipients
“Thank you for being one of our most loyal supporters. Without you, the community would not have safe community pathways around Ganges.”
—Jean Gelwicks, Island Pathways Board, and Chair, Partners Creating Pathways
photo Tim Harvey
2 Salt Spring Island Foundation 2014 Annual Report
2014 Grant Recipients
“If you are considering charitable giving as part of your financial planning, the Salt Spring Island Foundation will ensure that your
money is well looked after and applied locally to worthwhile causes.” —Andrew Ross-Collins, President, Gulf Islands Marine Rescue Society
Island Women Against Violence (IWAV)/Salt Spring Island Abbeyfield Housing Society To support the construction of a new bathroom for The Cedars, an 11-unit housing project for vulnerable women and children and low-income senior women.
Need 2 Suicide Prevention Education and Support For a community suicide awareness program that will be run in collaboration with Salt Spring Island Community Services and School District #64.
Salt Spring Arts Council To repair the main entry ramp to Mahon Hall, which provides access to the building for those with disabilities.
Salt Spring Cooperative Preschool SocietyTo support the creation of a parking lot at the preschool that will enhance pedestrian safety for children, families and the community at large.
Salt Spring Island Community Services • To assist with renovations and
improvement costs for a multi-use building to support Seniors’ Wellness programs, including Better at Home and Salt Spring Island Hospice.
• For the Yellow Submarine/New Begin-nings programs, which support people with mental illness and/or addiction issues, providing vocational rehabilita-tion, employment mentorships and work opportunities for those deemed hard to employ. This is the second year of a multi-year grant.
Salt Spring Island ConservancyToward the purchase and installation of a 3-kilowatt solar photovoltaic system for the roof of the multi-use facility at the Blackburn Lake Nature Reserve. The facility will house Conservancy offices and provide meeting and workshop space for the Conservancy and partner organizations. This grant is partially funded by the Jacqueline Booth Memorial Fund.
Salt Spring Cooperative Preschool Society
ArtSpring
Seniors’ Wellness, Salt Spring Island Community Services
Salt Spring Island Public Library
Salt Spring Island Historical Society
photo ArtSpring
“We continue to appreciate the Foundation’s support for the work of the Salt Spring Island Conservancy, as well as your support
for so many other good projects on the island. Thank you so much for the difference you make in our community.”
—Christine Torgrimson, Executive Director, Salt Spring Island Conservancy
2014 Grant RecipientsSmart & Caring Salt Spring Grants Tackle Critical NeedsIn addition to the grants listed above, as part of its Smart & Caring Salt Spring initiative the Foundation has established funds to target critical needs and help grow philanthropy on Salt Spring. Two organizations— Salt Spring Island Community Services and School District #64—received Smart & Caring Salt Spring grants in 2014.
Salt Spring Island Community ServicesRecognizing that access to mental health services is a high-priority community need, the Foundation is funding a Community Services demonstration project aimed at developing an efficient and focused intake process that will provide ad-vocacy, triage and referral/matching to clients requiring mental health services. The project will include the tracking of outcomes of intake and advocacy activities.
School District #64Supporting the efforts of island volunteers is essential to building philanthropy and developing a caring community. The Foundation is funding a Connect and Learn E-Course, which will train commu-nity mentors in the Connecting Generations program, which aims to help youth realize their own resilience through intergenerational interactions. The course will present guidelines, suggestions and interac-tive opportunities, including video interviews with former community mentors. Over the last 3 1/2 years, Connecting Generations has con-nected 168 adults with youth in our community.
Salt Spring Island Farmland Trust SocietyToward architectural drawings and the permit required for the construction of a multi-purpose community produce centre on Beddis Road.
Salt Spring Island Historical SocietyFor a consultant to assist in resolving environmental control challenges in the Salt Spring Island Archives storage vault, and to purchase dehumidifiers and exhaust fans to control temperature and humidity in the vault.
Salt Spring Island Land Bank Society• To assist with the development of the
lower level of Grandma’s House tran-sitional house for men, including the ceiling, interior walls, and electrical and plumbing connections.
• For additional improvements to Grand-ma’s House and the Dean Road house, which provides affordable rental housing.
Salt Spring Island Public Library For display units and easels to enhance the library’s ability to connect the community with library resources.
School District #64 • Fernwood Elementary: Toward the en-
hancement of the playground with natu-ral playscapes. Boulders, gravel, stumps, plantings and shade trees will provide more spaces for children to connect to nature and learn to play creatively and cooperatively.
• Fulford Elementary: For a storage shed in support of the school garden program.
• GISS/Transition Salt Spring Community Energy Group: To support the installa-tion of a 20kW photovoltaic grid-tiered solar system on the roof of Gulf Islands Secondary School gymnasium. The value of the resulting electricity savings will be used to fund an annual renewable energy/climate change scholarship for GISS students.
• Salt Spring Elementary: For a fire-safe and ventilated shed to house the school’s clay-firing kiln. The kiln will be made available to all island schools.
SWOVA (Salt Spring Women Opposed to Violence and Abuse) Community Development and Research Society• Toward curriculum development aimed
at addressing internet safety.• To support the Salish Sea Girls’ Leader-
ship Project, which aims to foster youth leadership and increase the participation of girls and young women in their com-munities. Participating youth will plan, implement and evaluate a multi- component, community-wide violence prevention and awareness campaign.
Gulf Islands Secondary School, School District #64
photo Ron Watts
Salt Spring Island Farmland Trust Society
Donald Gunn
4 Salt Spring Island Foundation 2014 Annual Report
Rosmaria Behncke: An Artist’s Gift Salt Spring Arts Council benefits from generous bequest.
Rosmaria Behncke’s long life was as colourful as her art—and it was her passion for “everything that’s peaceful and beautiful” that drew her to Salt Spring Island and eventually led her to bequeath $500,000 to the Foun-dation for the sole benefit of the Salt Spring Arts Council.
Her legacy will have a profound influence both locally and nationally as proceeds from her bequest will support the Arts Council’s new Salt Spring National Art Prize. “Rosmaria was a part of the island colour and crowd for many years,” said Arts Council Chair Ronald Crawford.
Born in 1920 to an aristocratic family in Germany, Rosmaria’s early infatuation with the arts soon put her at odds with her parents and her country. “My family was military, but as a painter I didn’t have to be a war person,” she once said.
As soon as the war ended, she fled the rigid constraints of her parents, enrolled in art college in Hamburg and took off on a life journey that would carry her around the world. But in the late 1940s, the jobless and invariably hungry graduate hiked to neighbouring Austria, travelling across a nation that was reeling from defeat and often hiding among the trees to avoid the occupying French soldiers. In Austria, she worked with her uncle, a renowned sculptor and professor of art in Munich. “We didn’t have too much to eat, almost nothing—but I didn’t stop studying,” she said later.
Her uncle had had a lifelong love affair with Africa and inspired Rosmaria to follow in his footsteps. She set off on an African adventure that took her through the Red Sea, around the Horn and on to Mozambique, where she found work on a sisal plantation.
During her time in Africa, Rosmaria learned to drive and set off on a 500-kilometre trek with the plantation’s German owner. By the end of the journey they had become engaged. Sadly, Rosmaria was forced to return to Germany when her visa expired, and her fiancé died before they could be reunited.
She never married, throwing her energies into her art, which brought her both acclaim and great joy. She eventually settled on Salt Spring in the 1990s, where she built a home that was a replica of her grandfather’s house in Germany.
“Freedom is a gift,” she once said. And her own gift will help many artists to achieve the freedom Rosmaria so cherished.
Rosmaria Behncke
Salt Spring Island Farmland Trust Society
Foundation of Youth
by Norees Gasper, FOY member
The SSI Foundation of Youth complet-ed its first granting cycle in the fall of 2014, with great success. After con-ducting in-depth interviews with each applicant, we recommended to the SSIF Board that we fund three worthy recipients: Salt Spring Island Public Library, Salt Spring Centre School and the Salish Sea Girls’ Leadership group.
The library grant will help to increase youth programming to enhance the social, educational and cultural lives of youth in the commu-nity. The objective of the grant is to increase the diversity of youth ideas, activities and experiences on Salt Spring through the creation of a Youth Advisory Council.
The Centre School grant will help to fund the purchase of Nikon cameras for a photography class for grade 1–4 students. The objective of the course is to inspire children to take up photography as an important creative art. It is also an opportunity to teach children about careers in photogra-phy, such as photojournalism.
The grant for the Salish Sea Girls’ Leadership project will support the Sexual Health Fair at GISS. The Sexual Health Fair is a place for youth to have an open, honest and safe conversation about the realities of sex, intimacy and healthy relationships. The Fair will include mixed-gender workshops and community conversations with parents and youth about sexual health.
Her legacy will have a profound influence.
photo Elizabeth Nolan
saltspringislandfoundation.org 5
On a sunny Sunday in August, the Salt Spring Island Foundation celebrated its 30th anniversary with a community par-ty at Centennial Park—a thank you to Salt Spring for generously supporting the Foundation and local charities over the years, and an opportunity to share information about the Foundation and its partners. The party brought together Foundation volunteers, representatives of island non-profit organizations and many other community mem-bers for a festive after-noon. The party featured a talented lineup of local musicians along with cool refreshments and birthday cake.
The Foundation has come a long way since John C. Lees first conceived of establishing a community endowment fund. Lees died on March 1, 1984, just five days before the Salt Spring Island Foundation was registered as a Public Foundation with Revenue Canada; his bequest was the first donation to the Community Endowment Fund. Alan Pierce, Colin Mouat and Richard Toynbee were the first three trustees.
For several years, the Foundation languished, but between 1991 and 2006, under the chairmanship of Bob Rush, the Community Endowment Fund swelled from around $25,000 to $2 mil-lion. Bob received special recognition at the anniversary party for his many years of service. Carol Biely, Foundation chair, notes, “Bob was, and is, devoted to the idea of the Foundation and spent
countless hours over many years encouraging island-ers to support the fund and then watch the impact our grants have had on island organizations.” Bob still serves on the Foundation’s Grants Advisory Commit-tee, and his experience and
knowledge of the island is greatly val-ued by his fellow committee members.
Since Carol succeeded Bob as Foun-dation chair in 2006, the organization has continued to flourish. By the end of 2014, the Community Endowment Fund reached $6.2 million, mainly due to loyal donors and hard-working Board and committee volunteers. Over 80 local non-profit organizations have ben-efitted from $1.5 million in Foundation
grants since 1984. This means that the Foundation has contributed to almost all of the island’s important community projects and charitable institutions.
During the next 30 years, the Founda-tion’s role in the community will con-tinue to evolve as we take a more active part in assessing community priorities and working with non-profit organiza-tions to help address community chal-lenges. Even though there are many needs still to be met in our community, we have plenty of reasons to celebrate the past 30 years and look forward with confidence to the next three decades.
Salt Spring Island Foundation Marks 30 Years of Giving
Over 80 local non-profit
organizations have benefitted
from Foundation grants since 1984.
“The Foundation helps create a truly liveable community by supporting a vast array of projects.”—Cicela Månsson, Executive and Artistic Director, ArtSpring
6 Salt Spring Island Foundation 2014 Annual Report
Tom and Mimi Gossett: Foundation Donors, Community Builders
“I was truly guided to come here and it has been a privilege to become a part of this
unique community.” —Tom Gossett
In 2014, the Salt Spring Island Foundation bade farewell to one of its most devoted supporters. Tom Gossett was born in New York City on March 8, 1936, and was raised in Bloomfield Hills, Michigan. He first met his future wife, Mimi, when they were in the fifth grade. Tom earned a BSc in agricul-ture from the University of Wisconsin. After years of separate adventures, Tom and Mimi were reunited. They married in 1964 and made their first home in rural Bancroft, Michigan. With two other partners, they rescued a vacant grain elevator and feed business in neighbouring Durand. This business prospered, and they expanded into the poultry industry, growing in scale to 50,000 laying hens and marketing eggs to stores and restaurants
in the Detroit area. They then went on to operate other farms and businesses in Durand.
A holiday trip to Vancouver Island in 1970, which included a visit to Salt Spring, would prove to be a pivotal experience for the Gossett family. Tom and Mimi decided to immigrate to Canada and settle on Salt Spring. In 1975, they sold their businesses and moved here with their three children, Walter, John and Cathy, buying the old Rogers farm just north of Maxwell Lake. At the farm, renamed Foxglove Farm,
Tom bred and raised champion Polled Herefords. In 1976, the farm business was expanded to include a retail outlet in Ganges that they named Foxglove Farm and Garden Supply.
Tom and Mimi were both active in Salt Spring community affairs. Mimi volunteered with the first Salt Spring Pool Society, while Tom was involved with the Farmers Institute and was one of the founding members of the Water Preservation Society. He was pas-sionate about preserving the island’s watersheds and believed that the sustainable health of our community depended upon clean water. Tom took a firm stand on this issue, sometimes encountering opposition, but he believed it was for the greater good of the community.
When Mimi passed away in 1992, Tom honoured her memory by establishing a fund in her name with the Salt Spring Island Foundation, thereby giving back to a community which had in his words “given us so much.”
Environmental steward, farmer, community builder and businessman, Tom Gossett passed away on March 15, 2014. As a measure of his and Mimi’s love of their island home, he left a bequest of $50,000 to the Salt Spring Island Foundation. This generous gift will be added to the Gossett fund, now called the Tom and Mimi Gossett Memorial Fund, a truly lasting legacy.
The Foundation’s 30th Anniversary Party
Tom was passionate about preserving the island’s watersheds.
(left) Tom and Mimi Gossett,
circa 1980.
(below) The Rogers Farm, later
renamed Foxglove Farm,
circa 1910.
FOUNDATION NEWS
A Place to Call HomeAfter 30 years of operating out of the homes of volunteers, the Foundation moved into its first office in November 2014.
As the organization has grown, so have our storage and staff requirements. With the hiring of our new bookkeeper, Kisae Petersen, it became imperative to have a private and secure office for all our records and a workspace for Kisae.
Fortunately, we found a wonderful location that meets all our needs: 158A Fulford Ganges Road. The space provides a secure back office, storage space and an open area, which can be used for work stations and a resource centre. In addition, there is a large separate meeting room for Founda-tion Board and committee meetings.
We look forward to showing you our bright and spacious new home.
saltspringislandfoundation.org 7
Chris Acheson
Bryan and Lucile Adderley
Rick and Chris Alexander
Janet Andersen
Liz Anderson and Tony McEwen
Nighean Anderson
Diane E. Armstrong
Don and Karen Arney
Birgit and Robert Bateman
Steuart Beattie
Elizabeth and Paul Beckmann
Alan and Terri Bibby
Bob and Carol Biely
Bryan and Maryann Bird
Susan Bloom
Carel and Eltje Boekwyt
Astha Bolliger
Terry and Bev Bolton
Laurence Bongie
Gillian Booth
Margaret Booth
Bob and Judith Borbas
Bud and Brenda Bowes
Doug and Merle Box
J.N. Braithwaite
Bob Brawn
Candace Brochmann
Tony and Betty Burridge
Grace Byrne
John and Gladys Campbell
Tom Cartwright
Beth and Gary Cherneff
CIBC Children’s Foundation
Matthew and Phyllis Coleman
Frank and Lynne Cooper
Country Grocer
Barnie and Bill Cowan
Dorothy Cutting
Kathy Darling
Don and Arlene Dashwood
Maurice Davis
Marilyn Thaden Dexter
N. Dinsmore and Sally Plunkett
Charles and Gloria Dorworth
Gary and Jan Dunn
Blair and Margaret Dymond
Lyle and Susan Eide
A. Jean Elder
Derek Emmerson
Curt Firestone and Gwen McDonald
Bob and Judi Francis
Basil Franey
Richard A. Fraser
Howard and Judy Fry
Jean Gelwicks and Peter Lamb
Niels and Nixe Gerbitz
Linda Gilkeson
Sharon Glover and Doug Wilkins
Susan Good
Laurel Gordon
Pat and Bob Gorman
L. Grott
Peter and Mary Grove
Janet Haigh
Jack Hallam
Ken and Marian Hargrove
Janice Harkley
David Hart and Linda Siegel
Henry G. Hawthorn
Jon and Jennifer Healey
Marshall and Rose Heinekey
Bill and May Henderson
Emily and Duncan Hepburn
Doug Herchmer
Ashley and Wendy Hilliard
Helen Hinchliff
Ernst W.B. and Sheila Hoen
Marion Holmes
Mitch and Jennifer Howard
Ross and Elaine Howard
Alan and Mary Hughes
Judith Hurd
Rev. Elaina Hyde-Mills
Ian and Rae Jessiman
Peggy Johnston
Clifford B. Jones
Robert Jones and Dorothy Finnigan
Wendy Kaye
Paula Kiffner
Hu and Ann King
Ross and Barbara King
David and Kay Kos
Marc and Anne Lalonde
Walton Langford
Mary Laucks and Brian Swanson
Marilyn Lawrence
Nora Layard
Don Layzell
Peter and Pat Lazenby
Garry and Carol Leach
Patrick Lee
Nick and Marge LeMoine
Timothy Leutwiler and David Rumsey
Tom and Chris Locke
Alec Logan
John Lowther
Jay and Anne MacAulay
Ian M. MacLeod
Philip and June Mason
The Mauro Family Foundation
Rollie and Elaine McCallum
Joan McConnell
Hugh and Nancy McCullough
Brian and Gisèle McDermott
Marilyn McDowell
Bob and Verity McKenzie
Donald McLennan
Gina McMahon and Ross Harvey
Alison and Paul McManus
D.G.C. Menzel
Sara Menzel and Derek Brackley
John and Bev Menzies
Doug Mitchell
Bob and Pat Moffatt
John Moore
Neil Morie—Architect
Norm and Carolyn Mouat
Barbara and Ken Mugridge
Janellen Neil
Judy Norget and Charles Kahn
Alex and Victoria Olchowecki
Sylvia J. Ommanney
Wilfried and Wiebke Ortlepp
Linda and Mike Overholt
Harold and Gladys Page
Louis and Ruth Pepin
Anil and Sheryl Pereira
Kisae Petersen
John and Claire Pickering
E.M. Pierce
Fred and Nancy Powell
Probus Club of Salt Spring
Louise and Bob Quart
Brian and Marjorie Radford
Victor and Lesley Reynolds
Alan and Rita Robertson
H. Ruckle
Bob and Jinny Rush
Denis and Susan Russell
Kees and Margriet Ruurs
Ann Saddlemyer
Salt Spring Garbage Service Ltd.
Salt Spring Winery
M. Schubart and M. Horsdal
Gil and Fran Schultz
Stanley Shapiro
Bathia Sharp
Joyce and Peter Sharpe
Jeremy and Jackie Shrive
Terry and Ray Simard
Nick and Colleen Sladen-Dew
2014 Donors
8 Salt Spring Island Foundation 2014 Annual Report
In Memory DonationsWe are most appreciative of the many people who made donations in memory of the following much-loved individuals: Margaret Briggs, Hubert and Jean De Burgh, Laurie Fiander, Pat Herchmer and Pip Moore.
Janet Smith
Sandra Smith
Joanna and David Southwell
Barry and Sheila Spence
SS Garbage Blackburn Mall
Sheri and Jim Standen
Janet Stethem
Ann and John Stewart
Hans and Susan Stoffelsma
N.E. Stout
Eileen Stubbe
Henry and Carol Tabbers
John and Barbara Taylor
TELUS Corporation
Gérald Tibbits and Kate Merry
Mary Toynbee
Tom and Yvonne Toynbee
Vogel Family Trust
Ruth Volquardsen
Rosemary and Len Wallbank
Bob Watson
Ron Watson
Bob and Judy Weeden
Markus Wenzel
Josette Whist
Bob and Audrey Wild
Mrs. Terry Wilkinson
Jill Willmott
Mike and Sharon Wilson
R. Woodhouse
John Woodward
Sheila Wowchuk
Joan Wright
Plus 29 donors who wish to remain anonymous
Making a gift of securities is one of the most cost-effective ways to make a gift to your community. It works at all levels of giving and whether you give securities now, during your lifetime or in the future through your will, the tax benefit is the same.
When publicly listed securities are donated to the Salt Spring Island Foundation, the tax on the capital gain is eliminated. To take advantage of the tax savings, the donor must transfer the securities “as is”—either through an electronic transfer from the donor’s brokerage account to the Salt Spring Island Foundation’s brokerage account, or in the form of a share certificate in the donor’s name delivered to the Foundation.
Qualifying publicly listed securities include shares, bonds, warrants, options
listed on a prescribed stock exchange, mutual fund shares/units and segregated fund units. We will work with you and your advisors to ensure the transfer is smooth and your donation receipt is de-livered to you. Simply follow the step-by-step directions on our Donation Form for
Gifts of Securities. For more detailed instructions visit the “Tax Smart Gifts” section of our website.
You will receive a donation receipt for the fair market value of the securities based on the closing price on the date the securities are re-ceived into the Foundation’s
account, and you won’t be subject to capital gains tax.
Should you require more information about donating securities or any of our other giving options, a Foundation repre-sentative would be pleased to talk to you.
Tax-Smart Giving: Securities
SWOVA
One of the most cost-effective
ways to make a gift to your community.
“Salt Spring Island Community Services has benefitted immensely from the Salt Spring Island Foundation over the years. The Foundation
clearly recognizes the need to assist vulnerable people in our community.”—Rob Grant, Executive Director, Salt Spring Island Community Services
saltspringislandfoundation.org 9
BequestsRuby Alton Estate ........................................................................ $298,672Elizabeth Baker Estate .................................................................25,000Rosmaria Behncke Estate** ...................................................... 500,000Ruth Crane Estate ..............................................................................35,463Helen Margaret Franey Estate ...................................................10,165Tom Gossett Estate** .......................................................................50,000Valerie Gyves Estate ...............................................................................500 JDB Trust (John Ward, Dorah Ward, Bertha Cameron) ........................................ 401,370
Anonymous #1 ..................................................................................... $7,250Anonymous #2 ..................................................................................... 24,100Anonymous #3 ..................................................................................... 26,600Anonymous #4 ...................................................................................... 11,000Anonymous #5 ..................................................................................... 15,115Anonymous #6 ........................................................................................5,150Anonymous #7 ..................................................................................... 50,545Anonymous #8 ........................................................................................ 9,955Anonymous #9 ........................................................................................6,500Birgit and Robert Bateman Fund ................................................6,000Rosmaria Behncke Fund* ............................................................500,000Sheri Berkowitz Fund .........................................................................5,700Carol and Bob Biely Fund .................................................................5,375Jacqueline Booth Memorial Fund* ......................................... 28,130Art Botham Memorial Fund ........................................................ 14,550Bob and Sharon Brawn Fund ...................................................... 26,285George William Brown Fund ..........................................................6,000James A. Brown Fund ........................................................................ 10,970Brown/Sanderson Fund ................................................................. 20,550Grace and Pat Byrne Fund............................................................. 36,104Barnie and Bill Cowan Fund ......................................................... 72,600Dorothy Cutting Fund ..................................................................... 43,600William David Dexter Memorial Fund .................................. 11,463Migs Edwards Fund ..............................................................................5,000Basil and Margaret Franey Fund ............................................... 35,165Robin Gibbard Scholarship Fund ............................................. 10,000Laurel Gordon and Murray Sumpton Fund ........................ 35,400Tom and Mimi Gossett Memorial Fund ...............................156,000Jack Hallam Fund, on behalf of G.L.O.S.S.I...............................7,870Kirby and Pat Herchmer Fund .......................................................6,505Marc and Jean Holmes Fund ........................................................ 10,410Lee G. Hurd Fund ...................................................................................5,000Anita Kahn Memorial Fund .............................................................5,100Nancy and D. Keith-Murray Fund ............................................. 10,245Roy, Mollie, and George Lamont Fund .................................. 40,856Helen Elizabeth Langford Memorial Fund ......................... 72,804Irving Levin and Stephanie Fowler Fund ............................ 14,159Kay and Ralph Magee Fund ............................................................5,125Allen and Joan McConnell Fund ................................................ 24,973Hugh and Nancy McCullough Fund ........................................ 46,513Brian and Gisèle McDermott Fund .......................................... 12,500
Ann and Gundy McLeod Fund ..................................................... 6,000Don and Betty McMahon Fund .....................................................5,000John and Bev Menzies Family Fund ........................................ 48,925Mary Moat Fund .....................................................................................5,000Drs. Albert and Peggy Mouat Johnston Fund ................... 7,600E.A. (Effie) and W.M (Will) Mouat Memorial Fund ........... 12,205Jessie Mouat Toynbee Fund .......................................................163,560Norman and Carolyn Mouat Fund ........................................... 12,000Olivia D. Mouat Fund ....................................................................... 11,461Richard Mouat Toynbee Fund .................................................... 16,100Judy Norget and Charles Kahn Fund ........................................9,015Ortlepp Family Fund ............................................................................6,500Joyce and Joseph Ovenden Fund .................................................5,000Linda and Mike Overholt Fund ................................................... 50,000Harold and Gladys Page Fund .................................................... 12,500 Dick and Chris Pattinson Fund .....................................................9,550Hector Perry Fund .............................................................................. 13,155John and Claire Pickering Fund ................................................. 45,914Al and Mary Pike Fund ........................................................................7,863Leslie Ramsey Memorial Fund ......................................................5,850Dave Rayment Memorial Fund .....................................................5,480Hubert and Margaret Robinson Fund ................................... 26,400Bob and Jinny Rush Fund............................................................... 37,512Dr. Raymond Rush Fund ................................................................. 26,225Saltsea Holding Fund .....................................................................179,018Dennis and Sanchia Seward Fund ..............................................7,300Stanley and Roberta Shapiro Fund ......................................... 22,216Stowel Lake Farm Fund ................................................................. 11,000Terry and Sue Strain Fund ................................................................5,300Mort and Biz Stratton Fund ......................................................... 12,634Al Stubbe Memorial Fund .............................................................. 58,500Allison and Mel Sumner Memorial Fund .................................5,715Manson Toynbee Fund .................................................................... 12,750The Unger Family Fund for Children and their Mothers and Senior Women in Need* ...........................100,000Nels Vodden Fund ........................................................................... 10,000Cordula Vogt Fund ............................................................................. 16,350Wettstein Family Fund of The Calgary Foundation ...... 29,200Audrey and Robert Wild Fund .................................................... 15,516Cam and Terry Wilkinson Fund .................................................. 12,000
Milestone and Field of Interest FundsWe are grateful to our many Milestone Fund donors, who provide an enduring legacy to our community through their donations and bequests. All Milestone and Field of Interest Fund gifts are held in our Community Endowment Fund.
John H. Kavelin Estate........................................................................ 1,000John C. Lees Estate ............................................................................... 9,000Gordon Parsons Estate ..................................................................... 5,000Gwen Ruckle Estate ....................................................................... 137,781Shaw Family Estate ....................................................................... 861,776 Fred Slaney Estate ............................................................................... 1,000Cordula Vogt Estate ..........................................................................10,000Dorah Ward Estate** ........................................................................15,060
*Field of Interest Funds **2014 bequest
The following funds have come to the Foundation through bequests or other deferred gifts. As with Milestone Funds, Estate Funds will be recognized in perpetuity. All are held in our Community Endowment Fund.
10 Salt Spring Island Foundation 2014 Annual Report
Summary of Financial StatementsAs at December 31, 2014 Please refer to our website for the full audit report and notes
Statement of Operations 2014 2013REVENUE Donations* $ 307,981 $ 567,263 Donations, flow-through 1,629 0 Donations, Shaw bequest 0 10,000 Investment income 195,891 178,314 Gain (loss) on sale of investments, realized 101,110 278,616 Gain (loss) on value of investments, unrealized 192,578 (66,582)
Total Revenue 799,189 967,611
EXPENDITURES Grants 123,856 128,673 Grants, cancelled 0 0 Grants, flow-through 4,193 0 Grants, Shaw 0 10,000 Foundation projects 28,250 10,245 Equity management fees 55,566 24,328 Advertising and promotion 3,676 3,680 Bank charges and interest 4,270 2,663 Building occupancy 14,860 0 Contracts, administration 20,468 19,314 Computer and software 1,320 2,008 Fees, meetings and general 6,907 9,168 Insurance and legal fees 13,030 1,310 Professional fees 6,500 5,705 Printing, postage and publishing 6,145 5,249 Stationery and supplies 734 823
Total Expenditures 289,775 223,166
Excess (Deficiency) of Revenue over Expenses 509,414 744,445
Statement of Financial Position
ASSETS Cash $ 276,726 $ 163,356 Term deposits, unrestricted 0 22,301 Term deposits, restricted 0 508,419 Accounts receivable 16,821 17,079 GST receivable 986 1,152 Prepaid expenses 857 1,480 Prepaid organizational costs 0 0 Investments 5,923,088 4,458,184
Total Assets 6,218,478 5,171,971
LIABILITIES Accounts payable and accrued liabilities 10,167 $ 9,590 Undistributed grants 146,449 109,933 Flow-through funds 508,419 508,419
Total Liabilities 665,035 627,942
NET ASSETS Externally restricted 1,223,069 723,069 Internally restricted 2,808,836 2,559,583 Unrestricted 1,521,538 1,261,377
Total Net Assets 5,553,443 4,544,029
Total Equities Plus Liabilities 6,218,478 5,171,971
*The Behncke bequest of $500,000 is included as an externally restricted net asset.
Notes to Financial Statements
(1) As of January 1, 2011, the SSI Foundation was a society registered as a public foun-dation with the Charities Directorate, Canada Revenue Agency. As such, it is exempt from income tax and can issue tax receipts. The Foundation’s charitable organization number is BN 811053255 RR0001.
(2) The Foundation follows Canada’s generally accepted accounting principles pertaining to non-profit organizations in the preparation of its financial statements.
(3) The Foundation has adopted the financial instrument standards issued by the Canadian Institute of Chartered Accountants Handbook Section 3855, Financial Instruments—Recognition and Measurement, and Section 3861, Financial Instruments—Disclosure and Presentation.
(4) Investments are recorded at fair value as determined on the last day of the fiscal period using published market quotations.
saltspringislandfoundation.org 11
Ways to Give
Special Thanks
n Milestone Funds help build the Community Endowment Fund and are suitable for donors who prefer to have the Foundation make granting decisions on their behalf. Create a Milestone Fund with your donation (or accumulated donations) or bequest of $5,000 or more. The fund may be in your name or the name of someone you wish to honour.
n Field of Interest Funds enable donors to specify a particular field of interest to which the income of their fund will be directed, for example, social services, children and youth, arts and culture, or the environment. A Field of Interest Fund can be established by your donation (or accumulated donations) or bequest of $15,000 or more and can be in the name of your choice.
n Advised Funds are useful options for those who wish to specify a particular island charity (or charities) as the recipient(s) of the annual distributions made possible by their funds. It’s possible to create an Advised Fund with your donation (or accumulated donations) or bequest of $25,000 or more. As with the fund types above, your Advised Fund can be in the name of your choice.
n Partnership Funds allow donors to work with the Foundation to decide how best to enrich the quality of life on Salt Spring. Partnership funds may be estab-lished with your donation (or accumulated donations) or bequest of $50,000 or more. Donors can meet with a Foundation representative each year to provide direction about the distributions made possible by their funds.
n All our generous donors—past and present
n Our dedicated 2014 committee volunteers: Communications Committee: Paul McElroy,
Diane Thomas, Jane Winter Community Building Committee: Maryann Bird,
Lorraine Brewster, Tom Mitchell, Lyle Petch, Jacquie Stevulak
Donor Relations Committee: Kathleen de Jong, Carol Johnson, Nora Layard, Sylvia Ommanney, Jane Winter
Grants Advisory Committee: Nighean Anderson, Barry Cooke, Adina Hildebrandt, David Norget, Bob Rush, Philippa Tattersall, Glenn Woodley
Investment Committee: John Binsted, Debby Wetmore Foundation of Youth: Charlie Beaver, Kephra Beckett,
Norees Gasper, Ella MacQueen-Denz, Simone Miller, Gwen Patrick, Owen Twaites
n Our Friends of the Foundation group: Tom Toynbee (chair), Gladys Campbell, Wendy Kaye, Patrick Lee and John Pickering
n John Binsted, who retired from the Foundation’s board in 2014; we will miss his invaluable experience and wisdom at the board table
n Part-time administrator Linda Frost; our bookkeeper, Kisae Petersen; our auditor, Janice Harkley; Mark Horne for his legal advice
n Mouat’s Trading Company, who generously provided the Foundation with free meeting space for many years.
n Gulf Islands Driftwood, Country Grocer, Thrifty Foods, Contour Grafix and the Salt Spring Exchange for their ongoing support
n To all the volunteers who made our 30th Anniversary Party in the Park possible, and to those who generously contributed to the event: Barb’s Buns, Country Grocer, Mouat’s Home Hardware, Pauline McDonald, Salt Spring Conjuring Club, Salt Spring Cooperative Preschool and Thrifty Foods
n Louis Pepin and all those other volunteers and community members who made it possible for the Foundation to operate with minimal administrative costs
n Joni Ganderton of the R. Joni Ganderton group, BMO Nesbitt Burns
Des
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Tax-deductible donationscan be made through our website at:
www.saltspringislandfoundation.org
BY PHONE: 250 537 8305 BY MAIL: SSI Foundation, Box 244, Ganges PO, Salt Spring Island, BC, V8K 2V9
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12 Salt Spring Island Foundation 2014 Annual Report