Executive Director May Report

Personnel Update Sharon has rejoined the finance team

YAH!! Yvonne DeLorme has been working with

Liz in ACC. She is an intern from Urban Circle.

Jacob Carson, a coordinator for ABP, will be taking a one year leave to further his studies in Education. A job posting will go out this weekend.

Organizational Work

Staff retreat agenda was included in your package. It was included so board members could assess their interest in similar sessions.

SEED’s audit will start June 6th and we hope to have a first draft by the beginning of July.

Request for proposals were sent to three auditors for future contracts. One declined. Interviews should be mid-June.

End of the year reports are being compiled. BDS report was included in package. ABP 4th quarter is ready to be given out.

Organizational Work

Canada Revenue Agency Audit Concerns Raised Support for home ownership – Asset

building 120% of LICO for eligibility Assessment Support letters and documents being

compiled as part of strategic response Aboriginal Community Collaborations and

social work Advisory Committees met to review past work and future plans.

Partners & Collaborations

Asset Builders Founders group (SEED, ACU & United Way) met to review the past year accomplishments and plan for future funding. One new site will be joining. Two sites will expand. Housing IDA expansion will be curtailed until we complete review with CRA.

Neighbourhoods Alive Tax Credit was announced at the “soon to be site” of the L’Arche Foundation café. SEED was thanked for their support in speaker’s remarks.

SEED has given a number of workshop presentations at the University of Winnipeg (3) and Vision Quest

Partners & Collaborations

SEED has approached United Way about potential for funding to expand our work with Children of the Earth and the Aboriginal Senior’s Resource Centre. Proposal is being developed to include other schools and train-the trainer for COTE students.

Yolom Mayaetik funds will be returned and they are looking for other potential partners

Louise is in Toronto as part of national advisory group designing evaluation process for financial literacy training and RESP project

Financial

The province has asked SEED to consider providing coop housing group development services for both identifying possible projects and then working with the group and site developers. Province would fully fund position and other expenses

SEED has received notice of funding for its “Strengthening Families in Canada Financial Literacy Project”. This project is in partnership with Mount Carmel Clinic and funded through SEDI’s TD Financial Literacy Grant Fund.

Tachane Foundation requested a meeting with SEED on June 10th to discuss future funding. Tachane previously funded Diversity and the eco-guiding project and were very excited about the recent Globe and Mail article

Funder, Amt

2012 2013 2014 2015

Province, $956,681

United Way$418,911

Negotiate new contract 2% min

United Way$35,000

Anonymous$80,000

$60,000 expected

$40,000 expected

$20000expected

Tachane$40,000

Meeting June 10th

Corporate $18000 $5000 $5000 $5000

HRSDC148242

ABP Network Fee - $15,000

SEDI-TD Fund

$36,822

Generated $60,500

$20,000 int. $30,500?

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