2017/2018 Launch of the Youth in Philanthropy Program in Kenora, Ontario. The program is led by the Kenora and Lake of the Woods Regional Community Foundation and for this year, is sponsored by Copperfin Credit Union.
3. “ The desire to help others, especially through donation of
money to good causes” - Oxford Dictionary
Greek Origin: philanthropia
● Man-loving - as in our love for our fellow humans
What is Philanthropy?
4. What is a Community Foundation?
● Locally- run public foundations
● Build and manage endowment funds to support charitable
activities in their area
● Over 191 across Canada, all across the provinces and one
territory
○ Together, they manage more than $4.3 billion in assets
○ In 2015, they contributed more than $250 million in grants
to local priorities
6. ● $4.3 Million in endowed
funds
● Over 100 active volunteers,
who help make our
operations possible
The Kenora and Lake of the Woods Regional
Community Foundation
● Dedicated to helping
improve community living
and quality of life for the
citizens and visitors of the
Kenora and Lake of the
Woods Region
● Awarded an astounding $2
Million in grants to over 50
different charities in the
region
7. What exactly is an
“endowment fund”?
So.. Community
Foundations build
“endowment funds” to
support charities…
8. An endowment fund is a fund that is pooled
together in an account, much like your bank
account.
The money originally put into the account, which is
called the ‘capital’, is left untouched. As the money
sits in the account it generates interest and the
money grows! It is only the accumulated interest
that is given to charities each year, twice a year.
Therefore the capital is left in the account to
provide for local charities, FOREVER!
9. What is Youth in Philanthropy?
● A growing
movement
● Engages young
people in building
philanthropy in
communities across
Canada
10. What People are Saying
“YIP is the best thing I have ever done. It made me aware of the long-term problems
in my community and gave me direction in how to solve them. I wish I could do it all
again because I actually loved!”
- Toronto TIP Participant
“YIP is a truly amazing program that has taught me an array of useful skills and has
given me a new perspective. This program has allowed me to have a new and
improved outlook on my community and how I can help”
- Sudbury YIP Participant
11. What has YIP done for our Community?
● Last year, YIP students handed out grants to seven local charities for a total
of $4,000
● YIP students get out into the community, tours various charities and get the
opportunity to use their own ideas to make a difference in Kenora and the
surrounding region
● In May 2017, St. Thomas Aquinas students handed out grants to: Alzheimer
Society of Kenora/Rainy River Districts, the Kenora Sexual Assault Centre,
Opening Our Doors, and Vilij Well in Sioux Narrows
● Beaver Brae gave their cheques to: Kenora Fellowship Centre, Rotary Splash
Park, and Transition Initiative Kenora
12. YIP Endowment Fund?
● There is currently over $12,300 in the YIP Endowment Funds
for both Beaver Brae and Thomas Aquinas
● Various donors have also been contributing to the YIP
endowment funds for both schools
13. Granting Ceremony
● At the end of the year, students are invited to the May Granting
Ceremony, where the cheques are presented by the students to the
charities of the students’ choice
● An opportunity to recognize the students for their good work within
the community
● In 2017, guests attended the ceremony including the City of Kenora
Councilors, parents, teachers and members of the public
