2011-2012 Community Update

Virden Area Foundation Inc.
Box 2319, Virden, Manitoba, Canada R0M 2C0
Telephone: 204-748-3419 • Email: [email protected]
www.virdenareafoundation.ca
A member of the Community Foundation of Canada
A portion of the cost of this report
has been graciously underwritten by
contributors from: Sunrise Credit Union
Virden Area Foundation Inc.
2011-2012 Community Update
HOW TO HELP
HISTORICAL PROFILE OF THE VIRDEN AREA FOUNDATION AND ITS FOUNDERS
Gifts may be made to the Foundation by will or an in memoriam donation. All gifts are for specific assistance. Recent tax changes
means of cash, charitable remainder trust, acknowledged by an official receipt for income make it even more attractive to gift securities
securities, life insurance, bequest through a tax purposes. See your professional advisor to the Foundation.
YES! I would like to contribute to the Virden Area Foundation.
Name:
Address:
___________________________________________________________
_________________________________________________________
Town: _____________________________________ Province:
The roots of the Virden Area Foundation can
be traced to the early 1950s when Murray and
Jean Thomas came to Virden and purchased the
Pontiac Buick dealership. Over the years they also
made many successful real estate investments
in Virden and elsewhere. Throughout the years
Murray and Jean were active members of the
community. In 1974 Murray Thomas passed
away at the age of 55 years, and Jean passed
away in 1988. They had no children.
Shortly after Jean’s death, the Council of
the Town of Virden was advised that Mrs.
Thomas had bequeathed her substantial
estate of approximately $600,000 to the
Town with the direction that it “be used for
a suitable community project or purpose
of a long or lasting nature, which can be
designated as a memorial to my late
husband (Murray F. Thomas) as the Council the formation of a community foundation to be
of the Town shall decide”.
known as the Virden Area Foundation, and the
use of the Thomas Estate as its founding fund
After a year of deliberation, the Council would be a most suitable purpose.
established the Thomas Fund Board with a
mandate to make recommendations for the On July 17, 1990 the Council of the Town of Virden
distribution of the estate’s earnings and the unanimously approved this recommendation and
expenditure of the capital funds on a suitable the estate funds were transferred in July of 1992
major project. In the spring of 1991 and once the Virden Area Foundation’s administrative
1992, the Thomas Fund Board issued grants infrastructure was in place, the Foundation went
totaling $174,025 to 56 worthwhile projects on to make its first grants in 1993.
in the Virden community while the capital fund
remained completely intact.
Clearly the founding of the Virden Area
Foundation with the Thomas Estate funds
The task of choosing a suitable major project has resulted in a long lasting memorial to
on which to use the estate funds was indeed Murray and Jean Thomas. The generous
monumental.After receiving advice and guidance bequest to the community will be held by
from the Winnipeg and Killarney Foundations it the Foundation and generate funds to meet
became clear to the Thomas Fund Board that community needs in perpetuity.
Postal Code:
____________
__________________ Telephone: ____ _______________________
Here is my tax deductible donation to the Virden Area Foundation Inc. in the amount of $ _
to be held by the Foundation as capital in perpetuity.
______
I would like my gift to be used:
____ Where the need is greatest
____ Designated to the following charitable purpose: ___________________
_
____ I would like further information about the Foundation
____ I am interested in volunteering
____ I want to be treated anonymously
ABOUT US
Virden Area Foundation Inc.
P.O. Box 2319, Virden, Manitoba
Canada R0M 2C0
Telephone 204-748-3419
Email [email protected]
www.virdenareafoundation.ca
A member of Community Foundations of Canada
PAGE 2
Please mail to:
The Virden Area Foundation Inc.
P.O Box 2319, Virden, Manitoba, R0M 2C0
Canada revenue Agency Charitable
Registration No. 131848525 RR0001
www.cra.gc.ca/charities.
PAGE 7
GRANTS
FINANCIAL HIGHLIGHTS
During 2011 and 2012 the Virden Area Foundation made grants to support the following projects in the community:
Art, Culture and Heritage
Miniota Festival Committee
Virden Community Arts Council
Virden Music and Arts Festival
Purchase new piano and cover
Construct shelves for storage - Costume Closet
Purchase Festival Medals
$
$
$
$
1,000
3,500
2,000
6,500
$
$
$
$
$
$
$
2,000
3,495
1,376
3,000
1,653
2,000
13,524
Sleep Eaze mattress
Electric table for OT and PT
Purchase educational DVDs
Camp Briardale project
Purchase a hydro tub
Construct a “catio”
$
$
$
$
$
$
$
1,500
1,500
500
500
2,000
900
6,900
Purchase folding tables
Purchase new playground structure
Improvements of Vdn fairgrounds washrooms
Bathroom renovations
upgrades to clubhouse kitchen
Renovate hall basement
Purchase 17 PFDs
Renovate main canteen
Purchase new batting cage
Purchase playground equipment
renovate clubhouse
$
$
$
$
$
$
$
$
$
$
$
$
1,500
3,000
5,000
2,500
8,000
2,000
1,057
1,000
1,000
2,500
5,000
32,557
TOTAL
$
59,481
Since the Foundation was established, its assets have grown
by 146% from $614,135 in 1992 to $1,512,294 in 2012.
Investment income of $71,639 was received in 2012 of which
$15,203 was spent on operating expenses. This left $56,436
available to be paid as grants.
Total grants paid since inception in 1992: $930,834 numbering
approximately 312.
The Foundation’s audited financial statements can be viewed at
www.virdenareafoundation.ca
STATEMENT OF CONTRIBUTED CAPITAL
Education
Jean and Murray Thomas Memorial Scholarship Awards for Student Citizenship - 2011
VCI Band Parent and Student Organ.
Purchase a French horn
APPLE
Purchase classroom resources
West Souris River Conservation District
Place weather stations in 5 local schools
APPLE
Develop a website
Jean and Murray Thomas Memorial Scholarship Awards for Student Citizenship - 2012
Health and Social Services
Reston Palliative Care
Virden and District Health Services
Alzheimer Society of Manitoba
Canadian Diabetes
Virden and District Health Auxiliary
Virden Pet Network
Sports and Recreation
Elkhorn Elks Community Fund
Elkhorn School Playground Committee
Virden Agricultural Society
Oak Lake District Arena
Virden Wellview Golf Course
Royal Canadian Legion - Elkhorn
Manitoba Dragoons Cadet Corp
Reston Rockets and Minor baseball
Virden Minor Ball
Birtle Playground Committee
Virden Wellview Golf Course
PAGE 4
Thomas Memorial Fund - founding fund
J & M Thomas Memorial Scholarship Fund
Keith Heming Fund
Myrtle Lane Fund
Hargrave Order of Foresters #1242 Fund
Todd Andrew Memorial Fund
S.B. Montgomery Fund
Paul & Laura Heaman Memorial Fund
Don & Lynn Cameron Fund
Woodnorth Reunion Fund
John & Helen Godolphin Fund
Rolla Lund Fund
S.Ross Poole Memorial Fund
Kola Church of the Advent Fund
Keith & Ada Kinnaird Fund
Gerald & Jean Gatey Fund
Robert & Rita Eslinger Fund
William Jago Fund
I.O.F. Harmony Court Fund
Glen & Ruth McLean Fund
Cawston Family Fund
Health District No.10 Legacy Fund
J.Cameron Electric Fund
Irma McDougall
Don Penny
Sybil O’Neil
Louise Leask
Tim Hortons
Lynn Rookes
Jack Forsyth
Holly Forsyth
Larry & Jeannette Logan
Virden Cemetery Improvement Fund
Millennium Dance Fund
Della & Ian Cameron Fund
S.G.R. Allison Fund
Emily Moffatt Memorial Fund
James Bratton Memorial Fund
Audrey Brummitt Fund
Ward Agencies
Don Collier Memorial Fund
Glen D. Gardiner Memorial Fund
2000 MTS MB Summer Games Legacy Fund
Anonymous Fund No. 1
Anonymous Fund No. 2
Robert J. Andrew Memorial Fund
Virden 100F Lodge #113 Legacy Fund
Robert Chapman Memorial Fund
Joe & Lucy Younge
Rodney Shepherd
James McGill Fund
Allen Family Fund
John Lund Memorial Fund
Virden Historical Society Fund
Virden MSOS Games Legacy Fund
Virden Optimist Club
Lynda Giannotti
Eric & Judith Lister
Tundra Oil & Gas Partnership
Virden Millennium History Book
Virden Kin Place
Prairieland Chorus
Total Contributed Capital to December 31, 2012:
$1,334,281
The Foundation had received gifts to its Community in Memorium Fund in memory of the following individuals:
Alex Gabrielle
Greta Cruickshank
Grace Freeman
Mrs. Rene Gabrielle
Neva Finch
Leo Langlois
Glen Gardiner
Earl McGill
John F. Higginbotham
Marg McAuley
Duncan Welch
Thomas Smailes
Harvey Gabrielle
Gladys Parsons
Lorne & Gertrude Mitchell
Vivian Myers
Bill Quinn
Eric Freeman
Evelyn Bains
William Carefoot
Kevin Wong
Tom Ames
Hugh Sinclair
Della Cameron
Chad Heaman
Ann Tonopa
Dr. R. S. Harris
Wayne Freeman
Les Biccum
Albert Kernel
Isabel Gilmour
Vi Sinclair
Bill Barrett
Ralph Colli
Elizabeth Cameron
Viva & Walter Cox
Jack Templeton
Roy Hayward
Verda McDougall
Buster Watson
Bob Prochazka
Don O’Dell
Ivy Hawkins
Bob Stewart
Arnold Jones
Jim Heslip
PAGE 5
ABOUT COMMUNITY FOUNDATIONS
What is a Community Foundation?
Canada’s Community Foundations do three key things to build
community vitality:
•
Vitality depends on long-term resources for long-term solutions
- so we work with donors to build endowment funds that ensure
vital futures for communities.
•
Vitality comes from all corners of a community, so we grant funds
to the widest possible range of organizations and initiatives.
•
Vitality needs leadership, so we bring people together from all parts
of our communities to stimulate new ideas, build participation and
strengthen community philanthropy.
Our Approach
And while there are many organizations working for better communities,
a few important factors make our approach special:
•
•
•
We bring donors to the table as community builders, and help
them formulate and realize their philanthropic goals, matching
their interests and concerns with community needs and
organizations, and finding innovative and responsible ways to
give their investments lasting impact.
We take the broadest view of what a community is and what
it needs to succeed. This is why our grants support everything
from shelter, sustenance and care for those most in need, to
recreation, the arts, and the environment.
We take the long-term view for our communities: we identify
long-term needs and opportunities and invest in sustainable
solutions, helping our communities become resilient, resourceful,
and ready for the future they want.
BOARD OF DIRECTORS
The Board of Directors of the Virden Area Foundation is comprised
of volunteers noted for their community involvement and knowledge
of the area and its needs. Directors serve without compensation for
David Cochrane
since 2007
Perry Kalynuk
since 2012
Jacy Whyte
since 2010
Ray Cochrane
since 2012
Garth Johnston
since 2010
Andrea Andrew
2006-2012
Shelby Rampton
since 2010
Michelle Wright
2006-2012
Don Angus
since 2010
Wayne Chacun
2006-2012
Sheila Byers
since 2012
Henry Polk
2009-2012
The Constitution of the Virden Area Foundation provides for the
appointment of directors by means of an Appointing Board. The
Appointing Board consists of the holders of the offices of the Mayor of
PAGE 6
a maximum of two consecutive three year terms. The following
people served as directors during the years 2011 - 2012 which
are covered in this report.
the Town of Virden, Reeve of the Rural Municipality of Wallace, Member
of the Legislative Assembly for Virden, Chair of the Fort La Bosse
School Division, and President of the Virden Chamber of Commerce.
PAGE 3