Glenbow Ranch Park Foundation

404-602 11 AVE SE
Calgary, AB T2R 1J8
Executive Director: Susan De Caen
Chairman: Andy Crooks

Charitable Reg. #: 83685 3754 RR0001
Sector: Environment - Parks
Public Foundation

Charity Rating

Not yet rated

Social Results Reporting

Grade: NR

Charity not yet rated on the public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements available only upon request [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #2

Avg. Compensation $79,668

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 2
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2011

About Glenbow Ranch Park Foundation:

Glenbow Ranch Provincial Park was founded in 2006 when the children of Alberta rancher Neil Harvie sold 3,246 acres of land to the Government of Alberta for less than market value to conserve the land and protect it from development. This created one of Alberta's newest provincial parks that opened to visitors on August 9, 2011. In 2014 Glenbow Ranch Park created a legacy project trail winding through the native grasslands of the Bow River as part of a planned regional trail system for hikers, commuters, runners, cyclists and outdoor enthusiasts.

The mission of the Glenbow Ranch Park Foundation (GRPF) is to make Glenbow Ranch Provincial Park one of the great urban parks in North America. GRPF works with the Government of Alberta to co-develop the Park. GRPF is responsible for all Visitor Services on the Park. It runs tours, programs, and a school teaching program for archaeology. It is also responsible for all vegetation management on the Park. It has constructed all of the pathways, toilets, interpretive signs and other critical infrastructure for the Park visitors. It also has a mandate to attract donations of land to expand the Park in an organic fashion.

GRPF raises money to defray its capital expenditures, and also to run its various programs and staffing for vegetation management, historical management, and visitor services.

NO RESEARCH UPDATES PLANNED: With the Harvie Family donation, Glenbow Ranch Park Foundation popped up on Charity Intelligence's radar as a major charities receiving donations. In 2011 it was one of Canada's largest 30 environmental charities. Now, with this legacy project completed, Glenbow Ranch Park Foundation is a "small cap" Canadian charity receipting annual donations of $449k in 2014. Charity Intelligence has spoken with Glenbow Ranch Park Foundation's one full-time staff and, together, we have decided to discontinue ongoing research coverage of Glenbow Ranch Park Foundation. Charity Intelligence's 2011 report is outdated and will not be updated.

If Canadian donors would like an updated report, please contact us at Charity Intelligence.

Financial Review:

In F2011, administrative costs were 24% of revenues and fundraising costs were 13% of donations. Donations in F2010 include a $2.1m contribution from a related party, the Harvie Conservancy Foundation. F2011 funding reserves of $209k cover annual program costs 1.1 times. Capital expenditures were $758k in F2011 and $2.1m in F2010.

Financial Ratios

Fiscal year ending December
Administrative costs as % of revenues 23.6%7.3%56.4%
Fundraising costs as % of donations 12.6%4.6%54.9%
Program cost coverage (%) 107.4%179.0%6.5%

Summary Financial Statements

All figures in $s
Donations 1,092,7093,047,986427,195
Goods in kind 0418,0120
Other income 2,50300
Total revenues 1,095,2123,465,998427,195
Program costs 194,247594,597124,337
Administrative costs 258,801252,863241,082
Fundraising costs 137,65740,58537,505
Bank And Other Charges 42036866
Cash flow from operations 504,0872,577,58524,205
Funding reserves 208,580316,0578,032
Note: Donations include grants from the Harvie Conservancy Foundation of $2.2m in F2010 and $359k in F2009.

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