A Year in Review...

Aug. 11, 2017

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Author: 
Martha Powell & Fred Galloway

Anyone can be a philanthropist (really!). London Community Foundation is YOUR Foundation – created by people like you, for the community, forever.

We realize the power of our donors’ collective impact through the Foundation’s endowment, year after year. The endowment, built by donor support for more than 60 years, now stands at $75 million and enables $3–$4 million in granting annually. This is all thanks to you – individuals, families and organizations in our community who believe in making London and Middlesex a more vibrant and caring community.

One of our past board chairs, Bob Siskind, said it best: “It’s like contributing to a savings account for our community – one that keeps giving back. Through the power of endowment, we’re able to maintain a long-term vision while making an impact, now and forever.

We’re proud and honoured to be part of this incredible movement. In 2016 we were able to do more than ever before. Reaching new heights, the Foundation granted $3.4 million to 179 charities and was the catalyst of several game-changing initiatives.

Our Vital Signs report was a bold call to action highlighting the need for mental health and addictions agencies to streamline the delivery of care. Since the release of this report, the Foundation has been advocating for collaboration and enhanced communication between organizations in this sector. Additionally, we made our largest grant yet, an amount of $378,000, to Family Service Thames Valley. In partnership with Anova, Craigwood Youth Services, Women’s Rural Resource Centre, Vanier Children’s Services, and WAYS Mental Health Support, their resources and experience will combine to deliver a walk-in/talk-in clinic providing seamless service for people of all ages- now, that’s game-changing!

Another important project we supported was the Welcome Fund for Syrian Refugees. The Foundation partnered with Community Foundations of Canada, Manulife, CN, and GM to contribute $250,000 locally to the London United for Refugees Initiative, a collaboration between the London Cross Cultural learner Centre, United Way London and Middlesex, and the City of London. The Welcome Fund for Syrian Refugees provided an important investment in the successful resettlement of hundreds of refugees in our community with a particular focus on supporting accessible and affordable housing.

In addition to our granting, The Foundation also made inroads into the world of impact investing. Launching the social impact fund, to replace the loan fund, this has expanded our social finance mandate to offer more funding options to non-profits and social entrepreneurs, as well as opportunities for donors who are looking to make social investments that have local, national and global impact.

As for Back to the River, the environmental assessment is well underway and promises to be complete by 2018. We are excited to announce that several donors have come forward to fund both the inaugural project at the Forks as well as the second project in the SoHo neighbourhood. This support validates the vision of this initiative as well as the Foundation’s role as a leader and mobilizer of change.

These are just a few examples of how the Foundation is making an impact in the community through your generosity. This is your community and your Foundation. It’s thanks to you that we’re able to create community change now and for years to come.

We hope you will take a moment to read our 2016 Impact Report and join us in celebrating YOU.

Sincerely,

Martha Powell, President & CEO, London Community Foundation

Fred Galloway, Chair, Board of Directors, London Community Foundation

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