Granting Information Session February 23 2015 Granting Information
Granting Information Session February 23, 2015
Granting Information Session Our mission is to help improve: Community living and the quality of life for our citizens and for visitors to the Kenora & LOW Region. We work with donors to create permanent Endowment Funds for the benefit of charities in our Region. Funds created today will generate grants to charities FOREVER.
Granting Information Session Our Professional Advisors Investment Manager: Jarislowsky Fraser Limited Custodian: RBC Dexia Investor Services Financial Institution: Copperfin Credit Union Financial Advisor: BDO Canada LLP Auditors: MNP LLP We work with professional advisors such as lawyers, chartered accountants and financial planners to maximize donors tax savings
Granting Information Session Sponsors Peter Kirby, LLB
Grassy Narrows Wabaseemoong Minaki Redditt The Dalles Iskatewizaagegan #39 Kenora Wauzhushk Onigum Shoal Lake #40 Sioux Narrows Whitefish Bay NW Angle #33 and #37 Nestor Falls Onigaming
Granting Information Session Overview of Community Foundations of Canada 1921 First Canadian community foundation established in Winnipeg Manitoba 2014 Assets of $550 million 2004 Kenora and Lake of the Woods Regional Community Foundation established with first gift of $10, 000 2014 More than 191 community foundations across Canada › $3. 8 BILLION IN ASSETS NATION WIDE › GIVEN $158 MILLION IN LOCAL GRANTS ACROSS CANADA IN 2013 › THE FASTEST GROWING FORM OF PHILANTHROPY!
Granting Information Session Kenora and LOW Regional Community Foundation 2004 2012 2014 Kenora and Lake of the Woods Regional Community Foundation established with first gift of $10, 000 Community Foundation reaches cumulative grants of $1 million to area charities 10 th Anniversary, $4. 1 million in Endowed Funds, $1. 4 million in grants distributed, 1 staff member and over 100 active volunteers
Granting Information Session 2014 10 Hour Giving Challenge $75, 000 Raised for Our Endowments Volunteers, sponsors, donors and grant recipients join in the celebrations Wauzhushk Onigum Foundation and Golden Eagle Charitable Bingo Hall made a $25, 000 gift
Grant Totals 2004 -2014 $1. 4 Million Social Welfare Health & Wellness Environment Community Arts & Culture Animal Welfare 2% 11% 22% 2% 50% 13%
Goals of Today’s Presentation • Awareness of Granting Documents. • Review online Grant Application Process. Offer assistance at our office. • To highlight the importance of submitting all Post Grant Reports. • The Presentation will be posted to our website, www. klwcf. ca under Resources.
Granting Information Session Feel free to contact our office to come in and apply at our workstation!
Granting Information Session Written Agreement Between a Registered Charity and a Non-Profit Organization The Kenora and Lake of the Woods Regional Community Foundation is restricted by the Income Tax Act to make grants only to organizations that are Registered Charities (RC). Non – profit organizations (NPO) who do not have a charitable registration number can only apply through a RC with which they have a formalized partnership (through a written agreement), a history of collaboration, and a similar mission and vision.
Granting Information Session Grant Application Guidelines and Process Please review the following guidelines before submitting a grant application To the Kenora and Lake of the Woods Regional Community Foundation: • Only registered charities are eligible for grants from the Kenora and Lake of the Woods Regional Community Foundation. ( Non- profit organizations that do not have a charitable registration number, but would like to apply for a grant, please refer to “Confirmation of a Written Agreement between a Registered Charity and a Non profit Organization). Your charitable registration number is a nine-digit number followed by RR 00001. • Please note: Applicants should be aware that meeting the eligibility criteria allows them to apply to the Community Foundation. It does not, however, guarantee that they will receive a grant. If your organization does not receive a grant, it may not be a
Granting Information Session GRANT AGREEMENT The Kenora and Lake of the Woods Regional Community Foundation is pleased to make a grant to your organization. The grant from the Foundation is for the explicit purpose(s) described below and is subject to your acceptance of the following conditions. To acknowledge your agreement to accept the grant, please return a signed copy of the agreement to the Foundation.
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Granting Information Session Thank, you! Your Grant Application was submitted and received. We look forward to reviewing your information and wish you the best of luck with your endeavour. Have questions or need to speak with someone? Contact Us Today
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Granting Information Session Recognition Certificate to be Displayed by Applicants The Kenora & Lake of the Woods Regional Community Foundation is proud to support this organization with a grant that will improve community living for citizens and visitors to Kenora and the Lake of the Woods Region. Building Forever Together
For more information, contact our office by email at info@klwcf. ca or by phone at 467 -4427
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