Edmonton Oilers Community Foundation

10214 104 Ave NW
Edmonton, AB T5J 0H6
Executive Director: Myrna Khan
Board Chair: Corey Smith

Charitable Reg. #:89072 5542 RR0001


Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 1/5]


Audited financial statements available only through official request for information from Charities Directorate.



Grade based on the charity's public reporting of the work it does and the results it achieves.



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 56 cents are available for programs.

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About Edmonton Oilers Community Foundation:

Edmonton Oilers Community Foundation is a 1-star charity. It has a below average results reporting grade and its overhead costs are outside of Ci’s reasonable range. The charity has $10.9m in reserve funds, which can cover six months of program costs. The charity is not financially transparent. The CRA has redacted all it statements since F2015.

Founded in 2001, Edmonton Oilers Community Foundation (EOCF) supports education, health and hockey programming for youth in Alberta. It aims to build strong and safe communities through grants to other charities and hockey-centred programs.

Since 2001, EOCF reports donating $86m to more than 2,900 charities and hockey programs in Alberta.

The Edmonton Oilers Community Foundation runs a 50/50 lottery. In F2022, this lottery was responsible for 88% of the charity’s revenue ($14.5m of $16.4m). In F2021, it was 96% ($21.4m of $22.3m) and in F2020, it was only 38% ($1.7m of $4.4m). There has been a drastic increase in 50/50 participation and revenue.

Grants to charitable organizations – 98% of program spending in F2022

Edmonton Oilers Community Foundation granted $20.7m to charities in F2022. The biggest grant was $2.0m to KidSport Canada. This donation will go towards the Hockey Assist Program and Free Play for Kids initiatives. EOCF granted $1.5m to Hockey Alberta Foundation. The money will support the Every Kid Every Community Grant Program, to make minor hockey more accessible. The charity granted $847k to Royal Alexandra Hospital Foundation. This will go towards purchasing a PET/CT scanner.

Edmonton Oilers Community Foundation also supports Edmonton’s Food Bank. In 2020, it reports collecting more than 21,000lb of food. It adds that since the start of EOFC’s partnership with the Food Bank, EOFC has donated over 84,000lb of food creating more than 59,000 meals.

Edmonton Oilers Community Foundation also granted money to the Inner City High School, the Dave Semenko Legacy Project and the Edmonton Oilers Ambulatory Clinic.

Hockey programs – 2% of program spending in F2022

Edmonton Oilers Community Foundation runs hockey-centred programs for children in Alberta. The ICE School, dubbed “Incredibly Cool Education”, lets schools book the classroom in the Edmonton Oilers Arena for a week of hands-on learning. During the 2021-2022 school year, 580 students participated in ICE school. The Seats for Kids program distributes unused game tickets to children in the Edmonton Area. The Youth Hockey program offers low-cost hockey programs. One of these, the Colby’s Kids program, had 170 participants this season. The Hockey Helps Kids program was paused in F2022 due to covid-19.

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Results and Impact

Charity Intelligence did not find any quantified outcomes on Edmonton Oilers Community Foundation's website. This may not be a complete representation of EOCF's results and impact.

This charity is not yet rated (n/r) on impact.

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Edmonton Oilers Community Foundation is not financially transparent. It does not post its financial statements online. The CRA has redacted all its financial statements since F2015.

Edmonton Oilers Community Foundation received $1.6m in donations and special events fundraising in F2022. Administrative costs were 4% of revenues and fundraising costs were 40% of donations. This means that for every dollar donated, 56 cents are available for programs. This is outside of Ci’s reasonable range for overhead spending. EOCF has funding reserves of $10.9m which can cover program costs for six months. Edmonton Oilers Community Foundation received $0.2m worth of donated hockey tickets from individuals and businesses.

In its T3010 filing with the CRA, the Foundation did not report any full-time or part-time employees in F2022.

The charity runs a 50/50 lottery. Prior to F2021, the net lottery revenues did not exceed $3.5m. They were $14.5m in F2022 (88% of revenue) and $21.4m in F2021 (93% of revenue). This drastic increase means that EOCF’s funding reserves went from $3.5m in F2020 to $23.3m in F2021, covering close to two years of program costs. After paying out prize money and licensing fees, EOCF only had $14.5m of the $74.1m lottery revenue in F2022. This is only 20% of lottery revenues going to programs.

In F2022, the charity’s operating cash flow (revenues – expenses + non-cash expenses) was ($6.3m). It was $8.6m in F2021 and ($257k) in F2020. The increase from F2020 to F2021 is mostly due to lottery revenue (increased by $19.7m). The decrease from F2021 to F2022 is partly due to an increase in grants to charities (increased by $8.1m).

Charity Intelligence has sent this update to Edmonton Oilers Community Foundation for review. Changes and edits may be forthcoming.

Updated on June 2, 2023 by Victoria Allder.

Financial Review

Financial Ratios

Fiscal year ending June
Administrative costs as % of revenues 4.4%1.4%11.4%
Fundraising costs as % of donations 39.5%47.8%45.9%
Total overhead spending 43.9%49.2%57.3%
Program cost coverage (%) 51.4%178.0%120.4%

Summary Financial Statements

All figures in $000s
Donations 506182267
Goods in kind 2120287
Fees for service 00186
Lotteries (net) 14,47721,4331,690
Special events 1,0845611,935
Investment income 11011676
Total revenues 16,38922,2924,442
Program costs 4634951,127
Grants 20,68712,5861,777
Donated goods exp 2120287
Administrative costs 708303496
Fundraising costs 6283551,011
Total spending 22,69913,7394,698
Cash flow from operations (6,310)8,553(257)
Capital spending 00210
Funding reserves 10,87823,2873,495

Note: Ci reported lotteries net of expenses, decreasing revenues and expenses by $59.6m in F2022, $65.0m in F2021 and $4.3m in F2020. Ci reported depreciation as a non-cash expense, decreasing total expenses by $41k in F2022, $47k in F2021 and $262k in F2020. The charity has ($228k) in deferred contributions in F2022. Ci did not adjust for these as the charity does not disclose whether these are government or non-government contributions.

Salary Information

Full-time staff: 0

Avg. compensation: $0

Top 10 staff salary range:

$350k +
$300k - $350k
$250k - $300k
$200k - $250k
$160k - $200k
$120k - $160k
$80k - $120k
$40k - $80k
< $40k

Information from most recent CRA Charities Directorate filings for F2022

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.nhl.com/oilers/eocf/
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: (780) 414-4625


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Charitable Registration Number: 80340 7956 RR0001