Edmonton Oilers Community Foundation

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

Charitable Reg. #:89072 5542 RR0001

STAR RATING

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

[Charity Rating: 1/5]

FINANCIAL TRANSPARENCY

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

C

RESULTS REPORTING

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

n/r

DEMONSTRATED IMPACT

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

NEED FOR FUNDING

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

43%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 43 cents are available for programs.

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OVERVIEW

About Edmonton Oilers Community Foundation:

Founded in 2001, Edmonton Oilers Community Foundation (EOCF) supports education, health, and wellness for youth through a variety of fundraising methods.

In F2020, EOCF spent a total of $3.2m on programs and grants, supporting charities and minor hockey groups, primarily in Northern Alberta. In F2020, grants accounted for 56% of Edmonton Oilers Community Foundation's total program spending. The two largest grants were to WE Charity ($225k) and Royal Alexandra Hospital Foundation ($200k). The grant to the Royal Alexandra Hospital Foundation is part of a $1m donation over five years to purchase a PET/CT scanner.

EOCF also runs several programs, spending 44% on these programs in F2020: The Youth Hockey Program, Seats for Kids, In-Class Education (ICE) School, and Hockey Helps Kids. The Youth Hockey Program (19% of F2020 program spending) offers a range of low-cost, entry-level to advanced hockey programs. Seats for Kids (9% of F2020 program spending) donates hockey game tickets to charitable groups that support youth in Edmonton.

The ICE School program (5% of F2020 program spending) began in 2002 and is an “Incredibly Cool Education” opportunity. Local schools book the classroom in the Edmonton Oilers Arena for a week of hands-on learning. In F2020, ICE School had 570 student participants. Hockey Helps Kids (3% of F2020 program spending) brings school children together with the Edmonton Oilers to raise awareness and funds for local charities in Edmonton. Four Edmonton schools match with an Edmonton Oiler player. The teams develop a two-minute video that Oilers fans vote on. The winning team grants $25,000 to their charity of choice, while the other three teams’ charities are each granted $10,000. In F2019, 1,573 students participated in the program.

EOCF has designated $5.5m for the Inner City High (ICH) Project which provides a safe environment for Indigenous and other urban youth to complete their high school diploma. 

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Results and Impact

In F2020, Edmonton Oilers Community Foundation donated 21,000 lb of food to Edmonton’s Food Bank. EOCF has donated more than 84,000 lb of food since F2010 which is equal to 59,000 meals.

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Finances

Edmonton Oilers Community Foundation received $2.2m in donations and special events fundraising in F2020, plus $0.3m in donated hockey seats from people and businesses. The Foundation also raised $1.7m from its 50/50 draws at NHL games. Administrative costs were 11% of revenues and fundraising costs were 46% of donations. This results in total overhead spending of 57%. For every dollar donated, $0.43 goes to its programs, falling outside of Ci’s reasonable range for overhead spending. EOCF has funding reserves of $3.5m which can cover annual grants and program costs for around 1.2 years.

In its T3010 filing with the CRA, the Foundation did not report any full-time or part-time employees in F2020.

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

Updated on May 25, 2021, by Shira Wine.

Financial Review


Financial Ratios

Fiscal year ending June
202020192018
Administrative costs as % of revenues 11.4%8.7%8.1%
Fundraising costs as % of donations 45.9%48.5%54.6%
Total overhead spending 57.3%57.2%62.7%
Program cost coverage (%) 120.4%104.3%153.5%

Summary Financial Statements

All figures in $000s
202020192018
Donations 267574581
Goods in kind 287567466
Fees for service 18600
Lotteries (net) 1,6902,1922,635
Special events 1,9352,2562,005
Investment income 769464
Total revenues 4,4425,6835,751
Program costs 1,1271,290550
Grants 1,7772,6312,834
Donated goods exp 287567466
Administrative costs 496487461
Fundraising costs 1,0111,3721,412
Total spending 4,6986,3485,723
Cash flow from operations (257)(665)29
Capital spending 21005
Funding reserves 3,4954,0925,194

Note: Ci reported lotteries as net of expenses, decreasing revenues and expenses by $4.3m in F2020, $4.6m in F2019, and $4.6m in F2018. Ci reported depreciation as a non-cash expense, decreasing total expenses by $262k in F2020, $288k in F2019, and $346 in F2018.

Salary Information

Full-time staff: 0

Avg. compensation: $0

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
0
$80k - $120k
0
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2020

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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