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Edmonton Oilers Community Foundation

10214 104 Ave NW
Edmonton, AB T5J 4Y8
Executive Director: Minckler Natalie
Board Chair: Janet Riopel

Website: www.nhl.com/oilers/eocf
Charitable Reg. #: 89072 5542 RR0001
Sector: Fundraising Charity - Pro Sports Team
Public Foundation

Donor Accountability

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 ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2015 2016 2017
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

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 F2017

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. It reports to have contributed more than $33m to more than 2,700 charitable groups in Northern Alberta since its founding. In F2017, EOCF donated $2.6m to 169 charities. 51% of total granted money went to 13 charities, including NorQuest College Foundation, Habitat for Humanity-Edmonton Society and Ronald McDonald House Charities of Northern Alberta.

EOCF runs several programs: In-Class Education (ICE) School, Hockey Helps Kids, Seats for Kids and Share a Book. ICE School was started in 2002 and uses the Alberta curriculum to provide a week of hands-on learning in the Edmonton Oilers’ new arena for a class of students from Alberta. ICE School had 320 student participants in F2017 from 14 classes. In F2018, 22 classes were involved in the program, with most students being in grades 4 and 5.

Hockey Helps Kids brings together school children and the Edmonton Oilers to raise awareness and funds for local charities in Edmonton. Four Edmonton schools are matched with an Edmonton Oiler player to compete for fan votes. The teams develop a two-minute video that Oilers fans vote on. The winning team’s charity of choice is granted $25,000, while the other three teams’ charities are each granted $10,000. In F2017, 1,734 students participated during the program’s fourth year.

Seats for Kids donates hockey game tickets to charitable groups that support youth in Edmonton. Share a Book provides new books and book bags to Grade 1 students across Northern Alberta. EOCF recognizes that books spark the imaginations of young minds but many children from low-income families have no books of their own. In F2017, 5,000 books were distributed. Over 16,700 students have received books since the program began.

Financial Review:

Edmonton Oilers Community Foundation is a medium-sized charity with $3.6m in donations and special events fundraising in F2017. The Foundation also raised $3.4m from its 50/50 draw at NHL games, an 83% increase from F2015. Administrative costs were 2% of revenues and fundraising costs were 35% of donations. For every dollar donated, $0.63 goes to its programs, falling just outside of Ci’s reasonable range for overhead spending. EOCF has funding reserves of $4.5m which can cover annual grants and programs costs for 1.25 years.

In its T3010 filing with the CRA, the Foundation did not report any full-time or part-time employees in F2017. 

This charity report is an update that has been sent to Edmonton Oilers Community Foundation for review. Changes and edits may be forthcoming.

Updated on June 19, 2018 by Derek Houlberg.

Financial Ratios

Fiscal year ending June
201720162015
Administrative costs as % of revenues 2.0%2.5%2.4%
Fundraising costs as % of donations 34.8%52.5%49.0%
Program cost coverage (%) 125.3%106.6%110.4%

Summary Financial Statements

All figures in $000s
201720162015
Donations 1,7451,3703,295
Lotteries (net) 3,4232,5341,875
Special events 1,8161,6231,102
Investment income 353440
Total revenues 7,0195,5616,313
Program costs 999566491
Grants 2,5772,2972,495
Administrative costs 139138151
Fundraising costs 1,2381,5722,155
Cash flow from operations 2,0679881,021
Funding reserves 4,4813,0523,297
Note: Ci reported lotteries as net of expenses, decreasing revenues and expenses by $5.7m in F2017, $3.3m in F2016 and $2.9m in F2015. Ci reported depreciation as a non-cash expense, decreasing total expenses by $293k in F2017, $254k in F2016 and $220 in F2015. Ci allocated total granted funds using the charity’s T3010 filing with the CRA. The difference between the reported grants and charity's charitable activities and donations value on the audited financials were included in program costs.

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