Variety - the Children’s Charity 2016 Annual Report

Variety - the Children’s Charity2016 Annual Report

Variety - the Children’s Charity | 2016 Annual Report2

2016 was a significant milestone year for Variety - the Children’s Charity of British Columbia, as we celebrated our 50th year of providing help to families who have children with special needs. Our golden anniversary began as it always does with an overwhelming outpouring of support at our Show of Hearts Telethon, and we continued that momentum throughout the year with the launch of the Sunshine Family Van Program and many other events, programs, and grants with the result of having been able to make a difference for over 7,000 kids in total. We concluded the year with our brand-new Variety Week on Global BC, where we raised an additional $680,000.

And while an annual report is a wonderful opportunity to review our successes over the past year, it is also an important time to discuss our plans for the future. We continue to evolve as an organization, we continue to follow a strategic mandate to reduce a portion of our endowment to both strengthen our financial position, while also maximizing on opportunities to enhance our programs and ultimately improve our capacity to achieve our ever-present goal of helping more and more children.

To begin 2017 we will place a greater emphasis on individual grants to directly support those families most in need. As we embark on a new major gifts campaign, we will also work hard to build new relationships with key community leaders, while strengthening our existing relationships and reaffirming our commitment to work in every corner of British Columbia.

The need for Variety continues to grow every year, and I look forward with renewed enthusiasm and commitment to another half century of helping families breathe a little easier knowing we will always be there by their side.

a note from our ceo

Help & hope to children with special needs in BC | www.variety.bc.ca 3

“Together, we can be there when families need us most.”


Variety - the Children’s Charity steps in where health care ends, providing direct help to children with special needs in BC and the Yukon. For over 50 years Variety has ensured children have the support to reach their potential.

Together, we can be there when families need us most.

Since 2010 Variety has distributed more than $25 million in funding to families and organizations in communities all across the province. With your help, we can raise even more!

OUR MISSIONTo inspire donors to help all children in B.C. who have special needs.

Variety will be the top of mind children’s charity known for stepping in where health care ends.

OUR VISIONThat every child who has special needs fulfills their unique potential.

about variety


11 year old Johannes has a rare form of hemophilia and can suffer from very severe and painful bleeds in his ankles and other joints, which means a wheelchair is often the only way he is able to get around.Because Johannes does not qualify for funding from the provincial At Home Program, he was using a second-hand wheelchair with brakes that didn’t work, missing cushions, and wheels that didn’t spin freely.

Thanks to a grant from Variety - the Children’s Charity, Johannes was able to get a much needed brand-new wheelchair, fitted and designed specifically with his needs in mind. And it’s not the first time Variety has been able to step in where healthcare ends for Johannes and his family.

“Variety has been a lifesaver for our family on more than one occasion,” says Johannes’s father Jamie. “When Johannes was eight months old he underwent a multi-layer laminectomy where they removed nine vertebrae to extract a large blood clot in his spine. Variety covered the cost of his brace and we never had to worry about how we would afford it.”

Now that Johannes finally has his new wheelchair, he can get around more safely and in comfort.

johannes’s story

“Variety covered the cost of his brace and we never had to worry about how we would afford it.”


*Variety BC oversees and administers the BC Family Residence Program under the direction of the Ministry of Health Services

financials - statement of operations

Donations and bequests $4,498,039 $5,913,290

BC Family Residence Program* $1,000,000 $3,000,000

Interest, membership and miscellaneous $411,667 $592,482

Rental $87,048 $73,512

Gaming $185,541 $244,206

Total $6,182,295 $9,823,490

revenues

For the year ended September 30, 2016

2016 2015


Heart of Variety Disbursement Fund $4,490,842 4,399,627

BC Family Residence Program $1,279,131 $1,172,776

Fundraising $2,297,077 $2,226,280

Administration and general $1,516,848 $1,520,935

Amortization $59,636 $62,768

Occupancy costs $154,145 $176,983

Total $9,797,679 $9,559,369

Excess (Deficiency) of revenues over expenditures $(3,615,384) $264,121

expenditures 2016 2015


financials - STATEMENT OF FINANCIAL POSITION

Current

Cash and short-term investments $10,247,981 $13,898,304

Other $250,935 $167,412

Subtotal $10,498,916 $14,065,716

Assets

Endowment funds - Guaranteed Investment Certificates $684,064 $774,887

Property and equipment $1,700,326 $1,745,504

Total Assets $12,883,306 $16,586,107

as at September 30, 2016

2016 2015


Current

Accounts payable and accrued liabilities $223,400 $306,102

Deferred revenue $14,727 $19,442

Subtotal $238,127 $325,544

liabilities

Unrestricted $5,987,621 $9,075,831

Invested in property and equipment $1,700,326 $1,745,503

Internally restricted — —

Externally restricted $4,957,232 $5,439,229

Subtotal $12,645,179 $16,260,563

net assets

2016 grant distribution

individual

organizational

emergency response

Total (Liabilities + Net Assets) $12,883,306 $16,586,107

2016 2015

2016 2015


$200,000+Buy-Low Foods Ltd.

$100,000 - $199,999Lotte & John Hecht Memorial FoundationPharmasave Drugs (Pacific) Ltd

$50,000 - $99,999Vancouver FoundationArmstrong Family FoundationThe Jim Pattison FoundationMilan & Maureen Ilich FoundationPacific Road Runners

$25,000 - $49,999Canuck Place Children’s Hospice FoundationBoys & Girls Clubs of Central Vancouver IslandBritannia Support SocietyOkanagan Boys & Girls ClubsTeekay Shipping (Canada) LtdWest Shore Parks And Recreation SocietyW J Weaver Foundation

$10,000 - $24,999R.C. Purdy Chocolates Ltd. Ricky’s All Day Grill

Canadian TireCoastal Ford Sales LimitedHastings Racecourse & CasinoHellenic Community of VancouverHudson’s Bay Company London Drugs The Jolly Coachman Pub Company Ltd.Apollo Sheet MetalTigh-Na-Mara Seaside Spa Resort & Conference CentreCanadian Western Bank Chemainus Health Care AuxiliaryCoast Mountain IndustriesGreat Canadian Gaming CorporationInternational Union of Operating Engineers - Local 115R. Howard Webster FoundationTeamsters Joint Council 36 BC & Yukon

$5,000 - $9,999H.Y. Louie Co. Ltd.Woodgrove CentreBritish Columbia Preserve Company Ltd.White Spot - VancouverSidewinder Conversions & Mobility Ltd.North Country DancersRBC FoundationUnifor Local 114

thank you to our donors


Ricky’s All Day GrillGS & CompanyChevron Canada Ltd.Trotac MarineStrategic Charitable Giving FoundationEvinrude And Haruna Sales ServiceUnited Rentals of Canada, IncWestwind Pub Scavenger HuntCocktails & Canapes Catering and Events Inc.Jones Food Store Ltd.Vancouver Yacht ChartersKal Tire LifeLabs Medical Laboratory Services6R Investments4th Utility IncCruise Lines International Association - North West & CanadaLadysmith Healthcare AuxiliaryLoomis ExpressMeeting Max Planning Inc.Mott ElectricRCL 061 DeltaSun Ridge Equipment Ltd

IN KIND PARTNERGlobal BCTelus

ESTATESEstate of Muriel LeblondEstate of Ross E HamiltonEstate of Kurt H MosebachEstate of Ronald ScottonEstate of Bernard McCluskeyEstate of Rachel WoskEstate of Winifred HooverEstate of Gisela McEwenEstate of Julie LemaireEstate of Dorothy M Grant

Champions CircleMaureen IlichJim PattisonPeter ArmstrongWendy Lisogar-Cocchia & Sergio Cocchia

Variety - the Children’s Charity 4300 Still Creek Drive, Burnaby, BC, V5C 6C6

Toll free: 1.800.381.2040 Office: 604.320.0505

www.variety.bc.ca

thank you for giving help and hope to

children in bc with special needs

Documents

Variety - the Children’s Charity 2016 Annual Report