Financial Track Record
Last Updated (Monday, 19 July 2010 19:44) Written by Administrator Monday, 17 November 2008 19:13
Edmonton Community Foundation's exemplary record of matching donor areas of interest with community needs and opportunities over the long term has resulted in more than $110 million being distributed in support of charitable initiatives over the past 20 years.
For the year ended December 31, 2009:
- Total value of funds: $254.8 million
- Received in contributions: $18.4 million
- New funds created: 43
- Total number of funds: 602
- Total distributions to charitable causes: $10.5 million
- Return on pooled investments: 14.75% (net of average custodian and investment counsel fees)
- Annualized return since 1989: 7.96% (gross of fees)
- Net administration costs in 2009: 0.67% of the average market value of all funds (excluding custodian and investment counsel fees)
The Foundation’s annual reports offer annual financial highlights. The financial statements offer detailed financial information.
