Calgary Stampede Foundation

1410 Olympic Way S.E.
Calgary, AB T2G 2W1
Board Chair: Bill Gray
Vice President: Sarah Hayes

Charitable Reg. #:89312 5070 RR0001


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

[Charity Rating: 3/5]



Audited financial statements for current and previous years available on the charity’s website.



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) 92 cents are available for programs.

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About Calgary Stampede Foundation:

The Calgary Stampede Foundation is a 3-star charity. It is financially transparent, but has large reserve funds and a below-average results reporting grade.

Established in 1994, the Calgary Stampede Foundation runs education, performing arts, and heritage programs for youth in Alberta. The Foundation grants scholarships to young adults for post-secondary education and gives awards to youth for their achievements in the performing arts. The Foundation is also working to make Stampede Park a year-round area for the community to gather. It has a youth campus that houses its education and performing arts program, ENMAX Park, and is currently building Sam’s Centre, a cultural centre that will house Calgary Stampede’s Collection and Archives and make them available to the public.

In F2022, The Foundation spent $3.2m on program and grant spending.

Stampede Band – $1.1m (33% of total program spending) in F2022. The Stampede Showband is a performance group for youth aged 16 to 21. During the year, it had 141 members and held 142 performances. Its members received 720 instructional hours.

Sam’s Centre – $565k (17%). During the year, the Foundation broke ground on Sam’s Centre. Expected to open in 2024, Sam’s Centre will be a 30,000 square foot facility. The Foundation estimates that it will have 86,000 visitors in its first year of operation.

Young Canadians School of Performing Arts – $564k (17%). This program trains youth in dance, voice, and performance. In F2022, it had 560 instructional hours, 372 rehearsals, and 92 members.

4-H programs – $281k (9%). Calgary Stampede Foundation brings together members from 28 Calgary-area 4-H clubs to showcase their work and achievements. In F2022, 75 4-H youth members attended clinics taught by Calgary Stampede and Canadian Champions.

Stampede School – $227k (7%). Stampede School brings students in grades 1 to 12 to Stampede Park to learn about western agriculture, Indigenous culture, and local history. In F2022, this program held 550 school hours for 554 participants.

Grants and Scholarships – $155k (5%). The Foundation supports four scholarship funds. It also runs a poster competition that gives $20k in scholarships to eight winners with a top prize of $10k for first place.

The Foundation also spent $89k (3%) on OH Ranch and $45k (1%) on Indigenous Youth Programs. The remaining $243k (8%) of program spending is facility expenses.

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Results and Impact

In F2022, the Stampede Showband was named International Class Champions at the Drum Corps International World Championships. Its Field and Rhythm summer camp had 135 participants who tried marching band and new instruments. The camp resulted in 43 new registrants for the Round-Up Band, 37 new registrants for the Calgary Stetson’s Band, and 9 new registrants for Showband.

While Ci highlights these key results, they may not be a complete representation of Calgary Stampede Foundation’s results and impact.

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

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Calgary Stampede Foundation received $6.5m in donations in F2022. It also received $4.8m in government funding, representing 46% of total revenues. Fundraising costs are 5% of donations and administrative costs are 3% of revenues (less investment income). Total overhead spending is 8%. For each dollar donated, 92 cents go to the cause. This is within Ci’s reasonable range for overhead spending.

Excluding donor-endowed funds of $2.1m, reserve funds of $39.3m can cover program and grant costs for almost 12 years. In F2021, the Foundation had $1.8m in cash and $33.2m in investments. During the year, the Foundation sold investments in its capital fund to provide cash for the construction of Sam’s Centre. In F2022, reserve funds include $28.3m in cash and $11.0m in investments.

Calgary Stampede Foundation has a unique ownership structure. It has two shareholders, Calgary Exhibition and Stampede, Ltd.(Calgary Stampede) and the Calgary Foundation.

In F2022, The Foundation received $2.8m from the Calgary Stampede for its programs. Accounts payable to Calgary Stampede are $1.2m and non-interest bearing. The Foundation and the Calgary Stampede jointly control ENMAX Park. The Foundation has a 42% interest in ENMAX Park. In F2019, Calgary Stampede and The Foundation entered into a five-year sponsorship agreement. In F2022, Calgary Stampede gave the Foundation $160k under this agreement. Calgary Stampede acts as The Foundation’s development manager. Project costs incurred by Calgary Stampede are reimbursed by the Foundation. This includes costs associated with Sam’s Centre.

This is a profile update that has been sent to The Calgary Stampede Foundation for review. Changes and edits may be forthcoming.

Updated on August 9, 2023 by Emily Downing.

Financial Review

Financial Ratios

Fiscal year ending December
Administrative costs as % of revenues 3.3%8.5%7.4%
Fundraising costs as % of donations 5.1%15.7%6.4%
Total overhead spending 8.3%24.2%13.8%
Program cost coverage (%) 1,189.8%1,930.0%2,963.1%

Summary Financial Statements

All figures in $000s
Donations 6,4571,9933,367
Government funding 4,788999253
Investment income (1,404)1,1701,144
Other income 489441422
Total revenues 10,3304,6035,186
Program costs 3,0771,7031,110
Grants 15510983
Administrative costs 383292301
Fundraising costs 328313214
Total spending 3,9432,4171,708
Cash flow from operations 6,3872,1863,478
Capital spending 2,8601,1641,037
Funding reserves 39,30835,05234,493

Note: Calgary Stampede Foundation’s T3010 filing with the CRA is not yet available at the time of this report. As such, compensation information reflects F2021. Ci reported loss on investments as investment income, affecting revenues and expenses by ($1.4m) in F2022, ($133m) in F2021, and $0 in F2020. Ci adjusted for changes in deferred donations and amortization of deferred capital contributions, affecting donations and total revenues by ($228k) in F2022, $31k in F2021, and ($4.6k) in F2020. 

Salary Information

Full-time staff: 12

Avg. compensation: $70,758

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 F2021

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Comments & Contact

Comments added by the Charity:

The following comment refers to a previous profile update and may no longer be relevant:

Strong Youth.  Stronger Community. By creating programs and places for youth to thrive, the Calgary Stampede Foundation creates motivated and engaged young Calgarians, empowered to do amazing things.

Charity Contact

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Charitable Registration Number: 80340 7956 RR0001