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Funds currently held by BCCF

 As of March 2017:

  1. The Now Fund This fund ensures that the organization meets its contractual obligations related to fulfilling its charitable purpose including operations, fiduciary oversight, grant-making, awarding scholarships, community service and leadership. Unless externally restricted by the donor, gifts to the Now Fund are allocated in accordance with the Board’s Strategic Plan.
  2. The Banff Centre Fund – This segregated and restricted fund is managed by a professional investment counsellor and is designated for the benefit of The Banff Centre. The fund is administered by the Banff Canmore Community Foundation in accordance with the terms of agreements between 1. the foundation and The Banff Centre and 2. between the foundation and the Department of Canadian Heritage. On an annual basis, investment income from this fund is awarded to The Banff Centre in support of its activities.
  3. The Community Endowment Fund (COMM) A pooled fund, held for general charitable purposes, this professionally managed fund enables the foundation to respond to a broad range of community needs and take advantage of new opportunities in pursuit of its charitable objects. This fund consists of restricted and unrestricted funds. Generally, the unrestricted funds are used to support the Community Grants program, one of the foundation’s signature programs. Every year, a volunteer advisory committee conducts preliminary adjudications of the applications and makes recommendations to the Board of Directors who approve all distributions, based on community knowledge, local priorities, levels of need and organizational values.

Screen Shot 2017-04-12 at 11.55.58 AMField of interest funds in COMM that support Community Grants Program

  • Community Fund – Numerous unrestricted gifts pooled in the general fund to support the foundation’s charitable objects and community purpose
  • Family Funds for general grant-making: Collison Family Fund, Yvonne and Doug Machuk, Dennis Shuler, Starratt Family Fund, Widmer Family Fund, Pooled and support general charitable purposes in Banff, Canmore and surrounding area
  • DiManno Sisters FundA family fund intended to support  projects that benefit children and the elderly
  • Banff Elder Fund – Gifts placed here will help seniors to live in the community with dignity and support – the legacy of Banff Abbeyfield Society volunteers
  • Banff Sports Hall of Fame Fund This fund benefits sport and mountain leisure activities at the community level – the legacy of Banff Sports Hall of Fame Society Volunteers
  • Brewster Memorial (Banff) Trust Fund This fund honours the legacy of the late Mr. Pat Brewster who died October 30, 1982. According to Uncle Pat’s wishes, this fund supports community programs that offer “poverty relief, advancement of education and other purposes beneficial to the community
  • Environmental Education and Stewardship Fund (2014) Gifts are pooled and invested in support of future Environmental grant-making and stewardship activities in the communities of Banff and areas adjacent to Canada’s oldest national park. A legacy of The Friends of Banff National Park.Screen Shot 2017-04-12 at 11.55.29 AM

Restricted funds pooled in Community Endowment Fund (COMM) — for purposes other than General Support or Community Grants

Designated and Field of Interest Funds

  • Canadian Rockies Public School (2007) Fund  Gifts to this fund will be used for programming purposes determined by Canadian Rockies Public School administrators
  • Lamphouse Endowment Fund (2016) to support performing and visual arts in the Bow Valley Region, defined as the area from the eastern border of Banff National Park to the western border of the Stoney First Nations Reserve
  • Rockies Ride for Kids Foundation Fund (2016) to provide annual financial assistance to organized children’s sports programs in the Bow Valley Region
  • Banff Alpine Racers Fund (2016) – to assist competitive athletes aged 5 – 18 years to experience the sport of alpine ski racing and to develop as good skiers, good citizens and advocates of amateur sport
  • Canadian Rockies Science Fair Fund (2017) – Student prizes, Transportation subsidies to attend national fairs, teacher training for topics related to the organization and execution of successful science fairs

Impact Funds

  • Marika Laub Memorial Scholarship Fund – In celebration of Marika’s life and her special connection to Lake O’Hara, Yoho National Park, this scholarship fund supports educational scholarships to worthy candidates who have a proven commitment to artistic, academic, musical, civic and/or athletic excellence
  • Lafarge Educational Endowment Fund (2014) – Annual scholarship program with priority given to residents of Lac des Arcs and Exshaw for eligible individuals wishing to pursue post-secondary education

Emerging Funds

  • Christie Foreman & Christopher Wong Scholarship Endowment Fund (2016)Annual scholarship program giving priority to 18 – 35 years olds who have an entrepreneurial spirit and are pursuing practical educational goals that will help individuals achieve real world success. Goal: to reach Impact Fund Status by 2020.
  • Young Adult Fund (2013) – To encourage the development of a national cadre of young leaders, the vision for this fund is to support leadership, skill development programs, and civic engagement of young adults ages 18 – 35.
  • Loretta M. Chaplin Memorial Fund – To support grants and activities that honour Loretta’s gentle spirit and benefit youth programs or projects in subjects related to science, art and music. Goal: to reach Field of Interest Fund Status by 2019.

Strategic Directives (2017 – 2018):

  1. Community Connector and Leader: We engage hearts and minds to build a stronger, smarter, more caring network. This is accomplished partly through strengthening the valley’s philanthropic culture and through outreach, engagement, storytelling, programs, and encouraging right relationships. As a member of Community Foundations of Canada, our community is the Bow Valley: Lake Louise to Exshaw with outreach to Morley and Kananaskis.
  2. Granting and Scholarships: Stewarding donations and distributing them to community organizations is a cornerstone of the work we do. We aim to meet the priorities of our locale while remaining nimble and flexible.
  3. Foundation Development: The foundation will continue to grow and evolve to meet current and future community needs.