- Vancouver Foundation
Infobox Non-profit
Non-profit_name = Vancouver Foundation
Non-profit_
founded_date = incorporated 1943 (established by act of the Provincial legislature, 1950)
founder = Alice G. McKay
location =Vancouver, BC, Canada
origins =
key_people = Chair of Board of Directors,Jake C. Kerr , CM, OBC
area_served = British Columbia
focus =Community foundation
method = Donations and Grants
revenue =
endowment = Can$800 million
num_employees = 30
Non-profit_slogan = Mission Statement: "To create positive and lasting impacts in communities in British Columbia through knowledge, networks and philanthropy."
homepage = [http://www.vancouverfoundation.ca/]The Vancouver Foundation is Canada's largest community foundation. It was established in 1943 as a community endowment fund to benefit the lives of British Columbians. Today, it manages about $800 million in endowment funds, and in 2006, distributed about $40 million to communities. Besides managing funds for individual donors, agenices and corporations, it also works with community advisors to select and distribute grants in the fields of: arts and culture; animal welfare; children, youth and families; education; environment; health and social development; health and medical research; and youth leadership. [ [http://www.vancouverfoundation.ca Vancouver Foundation ] ]
History
The Vancouver Foundation has its roots in the 1940s with a $1,000 dollar bequest made by Alice G. McKay, a Vancouver secretary who saved money from her pay-packet in order to help break the cycle of poverty in Vancouver. Inspired by this gift, a local businessman, W.J. VanDusen, established the foundation in 1943 with 10,000 dollars of his own. Further, Van Dusen persuaded nine other families to match his gift of $10,000.
;Initial Endowment of the Foundation::The ten founding families are:::*
W.J. VanDusen ::*Gordon Farrell & family::*F. Ronald Graham ::*George Kidd ::*H. R. MacMillan ::*W. H. Malkin ::*C. T. McHattie ::*Chris Spencer ::*A. H. Williamson ::*W. C. Woodward The 101,000 dollars has now grown into a major charitable force with an endowment of roughly $800 million. [ [http://www.vancouverfoundation.bc.ca/AboutVancouverFoundation/about.shtml Vancouver Foundation | Letter of Intent ] ] .
Activities
Vancouver Foundation now operates as a community foundation. Its endowment consists of a collection of endowed funds. Income from these funds is disbursed in support of charity organizations throughout the province of British Columbia.
Incorporation and Registration
In 1950 the Foundation was incorporated by the Legislature of British Columbia in a Special Act. It is registered as a public Charity with Revenue Canada with charity number 11928-1640-RR.
ee also
*
Philanthropy
*List of wealthiest foundations
*Social responsibility Notes and references
External links
* [http://www.vancouverfoundation.ca/ Official website] Information about activities.
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