Edmonton Oilers Community Foundation

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

Charitable Reg. #:89072 5542 RR0001

STAR RATING

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

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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.

63%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 63 cents are available for programs.

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My anchor

Programs

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.

My anchor

Finances

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 Review


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.

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 F2017

My anchor

Comments & Contact

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Charity Contact

Website: www.nhl.com/oilers/eocf
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