Edmonton Oilers Community Foundation

11230 - 110 Street
Edmonton, AB T5G 3H7
Executive Director: Natalie Minckler
Board Chair: Bruce Saville

Website: www.oilersfoundation.ca
Charitable Reg. #: 89072 5542 RR0001
Sector: Fundraising Organization
Public Foundation

Social Results Reporting

Grade: C

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

Financial Transparency

Audited financial statements available only through official request for information from Canada Revenue Agency [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

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 F2012

About Edmonton Oilers Community Foundation:

Founded in 2001, the Edmonton Oilers Community Foundation (EOCF) raises funds through a variety of fundraising initiatives and makes grants to registered charities that support education and health and wellness for youth. It has contributed more than $22m to more than 2,700 charitable groups since its founding. For the year ended June 30, 2013, the EOCF provided financial and/or in-kind assistance to 140 charitable groups.

Two of the EOCF's major projects include the In Class Education (ICE) School and partnering with the Inner City High (ICH) School. ICE School allows students to bring real world understanding to what they study during the school year to Rexall Place (home of the Edmonton Oilers) to engage in learner-led, hand-on, inquiry based learning.To date, over 4,600 students from 182 different school have attended ICE School. The (ICH) School provides a non-traditional school environment for high-risk youth. In 2010, the EOCF purchased a building when the school's original was being demolished. The EOCF continues to provide financial support to the school and has established a scholarship to assist graduates who want to pursue post-secondary education.

Financial Review:

Fundraising costs are 33% of donations and administrative costs are 4% of revenue. The Foundation has funding reserves of $4.6m, which cover annual program cost 2.6 times. The Foundation reported no compensation costs for any of its fiscal years.

Financial Ratios

Fiscal year ending June
Administrative costs as % of revenues 4.1%8.5%6.9%
Fundraising costs as % of donations 33.4%43.6%32.9%
Program cost coverage (%) 262.7%264.6%330.4%

Summary Financial Statements

All figures in $000s
Donations 2,1551,5821,757
Lotteries (net) 2,7141,2311,407
Investment income 463236
Total revenues 4,9152,8453,200
Program costs 379124155
Grants 1,3711,2751,340
Administrative costs 202240217
Fundraising costs 720689578
Cash flow from operations 2,243517910
Funding reserves 4,5973,7024,940
Note: Ci reported lottery and 50/50 Game Night revenue net of related expenses, decreasing both revenue and expenses by $6.3m in F2012, $5.3m in F2011, and $6.0m in F2010. Ci removed amortization of $118k in F2012, $44k in F2011, and $20k in F2010 from administrative costs. The breakdown between program, administrative, and fundraising costs comes from the charity’s T3010 filing, as the audited financial statements do not provide a breakdown.

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