Calgary, AB T2G 1A1
Board Chair: Alison T. Love
Board Vice-Chair: Gerald M. Deyell, Q.C.
Charitable Reg. #: 10807 4436 RR0001
Social Results Reporting
Grade: NRCharity not yet rated on the public reporting of the work it does and the results it achieves.
Program Cost Coverage
Full-time staff #20
Avg. Compensation $74,233
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||1|
|$160k - $200k||0|
|$120k - $160k||1|
|$80k - $120k||3|
|$40k - $80k||5|
About Calgary Foundation:
The Calgary Foundation (TCF) provides grants to qualified donees for the purpose of relief of poverty, advancement of education, advancement of religion, as well as faith, health, arts, cultural, environmental, animal welfare, heritage preservation, recreational, and other community-based organizations that work to improve civic engagement in Calgary and the surrounding area.
Ongoing granting programs include Community, Neighbour, Donor-advised, Designated, Proactive, Stepping Stones, and Organization Development and Transformation Grants, plus Student Awards, and Managed Fund Grants. Ongoing community initiatives include convening individuals and organizations to focus on common charitable issues that deal with seniors, marginalized populations, mental health, arts and heritage, the environment, community development, engaging citizens, strengthening the capacity of the charitable sector, and promoting philanthropy.
TCF received $31m in contributions in F2010. Administrative costs are 11% of revenues and fundraising costs are 0.5% of donations. It has funding reserves of $334m (including $260 million in externally-endowed and managed funds) which cover annual grants and program costs over 11 times.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||11.2%||19.0%||7.9%|
|Fundraising costs as % of donations||0.5%||1.4%||0.8%|
|Program cost coverage (%)||1,159.3%||1,219.5%||995.5%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||18,704||8,017||31,218|