Financial Track Record
Last Updated (Monday, 15 June 2009 19:24) 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 $100 million being distributed in support of charitable initiatives over the past 20 years.
For the year ended December 31, 2008:
- Total value of funds: $220.5 million
- Received in contributions: $24.6 million
- New funds created: 52
- Total number of funds: 602
- Total distributions to charitable causes: $10.2 million
- Return on pooled investments: -14.70% (net of average custodian and investment counsel fees)
- Annualized return since 1989: 7.59% (gross of fees)
- Net administration costs in 2008: 0.60% 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.
