2018Annual Report

NURTURE your passion | BUILD our community | CREATE a legacy

2018

DONOR HIGHLIGHT: SUE S IMONSEN

Born the youngest of the four Cochran girls of Port Arthur, Sue was educated in Port Arthurschools and later the University of Toronto which led her into a teaching career. Sue latermarried Leif Simonsen, a medical graduate of Queen's University. They moved to Port Arthur in1954, where Leif established a medical practice and together they created a family home whichincluded their children, Mary and John. Sue became interested in the Social Planning Council,becoming its chair in the 1960's. This position resulted in her being part of the inaugural boardof the newly formed Thunder Bay Foundation (now known as the Thunder Bay CommunityFoundation) in 1971.

Sue's main interest has always been in education. She served as aTrustee on the Lakehead Board of Education for eight years, taughtfor twelve years at both the high school level as well as the collegelevel. Her interest in education led her to complete her Masters inEducation at the University of North Carolina in Greensboro. Sue hasthe abiding belief that real change in society can occur with aneducated background, which ultimately transforms the influenceswithin our society. As a result, Sue Simonsen is a passionatesupporter of the scholarship and bursary aspect of the Foundation'sprograms.

As a founding member of the TBCF, board Sue has continued to be an active alumni. She hasserved on the Scholarship and Bursary Committee and has assisted wherever needed. In 2015,Sue created the Susan Cochran Simonsen Aboriginal Bursary. She collaborated with a number ofFirst Nation experts including educators to build this heartfelt fund to ensure Aboriginal youth havean opportunity to fulfill their educational dreams. In 2018, this bursary dispersed a total of$1,372.87 to a very deserving student pursuing their academic dreams!

P R E S I D E N T ' S M E S S A G E

This report is for you, our fund holders and Thunder Bay and District. We could not do the workwe do without those who have given so generously, or those who plan to give in the future. Weare grateful and appreciative stewards of your investment gifts, and trust that the pages of thisreport help demonstrate the impact that you continue to have in supporting the vital work of theagencies and organizations in our community. Since 1971, our goal of improving communityliving and the quality of life in our region has never changed. The Board, staff, volunteers andcommunity partners continue to work to make this happen. Connecting with people, from allbackgrounds and interests, including donors, volunteers and grant recipients, make our livesricher and our communities stronger. We were able to grant a total of $1,082,668 in 2018 – almost 3 timesmore than in 2017. We added 11 new funds for a total of 68 funds.We now manage over $11 million in assets. On behalf of the Board ofDirectors and staff, I confirm our commitment to grow and strengthenour Community Foundation. Jackie Dojack, President

BOARD OF TRUSTEES

The Thunder Bay Community Foundation Board of Trustees is aproactive and collaborative group. One common thread is that they

are passionate about making a positive difference in our community.

Katie is a family physician at the Port Arthur Health Centre. Bornand raised in Thunder Bay, Katie moved to London, Ontario tocomplete her undergraduate degree in Medical Sciences, aswell as her Masters of Science at the University of Western

Ontario. She then went on to complete medical school at theUniversity of Toronto, class of 1T3. Ultimately, Katie returned

home to complete her family medicine residency. She hasopened her practice at the Port Arthur Health Centre and has

recently joined the Board of Directors there.

As a former recipient of scholarships and bursaries, Katieunderstands and appreciates the importance of giving back to

the community.

Welcome Dr. Katie Calonego to the Board

Jackie Dojack, President Jordan Lester, Vice President Reily Madigan, Treasurer

Paul Jasiura George BadanaiColin Bruce

Lesley Bell Michael Larizza Katie Calonego

At its very core, the Thunder Bay

Community Foundation works to provide asimple way for individuals, families andorganizations to give back. Whether an

individual or family is looking to nurture theirpassion, build our community, or leave a

legacy, the Thunder Bay CommunityFoundation provides an opportunity to fulfill

one’s philanthropic goals.

The Thunder Bay Community Foundationworks closely with charities year-round, andas a result develops an intimate knowledge

of local priorities. The Foundation ispassionate about championing initiatives by

directing grants, sharing expertise andproviding leadership. The Thunder BayCommunity Foundation supports many

areas of need such as shelter, education, the arts, environment and recreation andcare for those in need. The Thunder Bay

Community Foundation offers scholarshipsand bursaries to students pursuing post-

secondary education.

The Thunder Bay Community Foundationconnects donors and their philanthropic

goals with local programs, new projects andservices in need. Gifts from donors arepooled and invested, so that a return oninvestment can be generated and thus

distributed now and in perpetuity. Thanks tothe immense support from donors, trustees,alumni and staff, together the Thunder Bay

Community Foundation is a catalyst forchange; now and for future generations.

NURTURE your passion,

BUILD our community,

CREATE a legacy.

Ash, StephanieAtwood, JohnBadanai, GeorgeBawtinheimer, JohnBell, LesleyBrizi, RosyBrowne, BobBryan, WallyBruce, ColinBuckley, JackCallon, RuthCalonego, KatieCambley, TerryCarey, JenniferCarrel, JohnCharnock, JohnChase, KennethColquhoun, CatherineColquhoun, JamesCyr, Johnde Bakker, DeborahDelgaty, SandraDi Matteo, LivioDojack, Jackie

Escott, DeborahEvans, JackFerris, DonFlatt, RupertFrenette, LianaFriesen, CliffFulton, HerbGarner, WendyGothard-Ramirez, ShannonHamilton, GlenHarris, LorneHautala, EricHird, TedHolt, CharlotteHood, ClarkeHudolin, MariaJasiura, PaulJenkens, NormanJohnston, AlfredJudge, RossKowalski, JohnKraft, DeborahKrupa, Jody

Larizza, MikeLaskin, SaulLechow, LynLester, JordanLoewen, PeterMadigan, ReilyMaier, FredMazur, FrankMcDonald, TereMcGillivray, AudreyMcLeod, NeilMcMuldroch, BobMoffat, KennethMoore, BonnieMork, BillMork, G.W.Morrison, GeorgeMorrison, MaryMozzon, RobMurphy, ToniNeelands, MargueritePaterson, DonaldPaterson, LoriPatterson, Jack

Perrier, JudyPlunkett, RebeccaPowell, AudreyPrettie, RobertPustina, NicholasRichmond, NicoleRoberts, FredSanderson, RichardShandroski, MelSimonsen, SusanThompson, GrantTomlinson, William S.Turner, RolandWarwick, ArtWeickert, Mary AnnWeiler, G.B.White, CarlWhitfield, JohnWiddop, JamesWilson, TomWittenberg, RayWright, MarkYork, RussZulliani, Ray

THUNDER BAY COMMUNITY FOUNDATIONALUMNI

Our board is made up of dedicated and hardworking individuals with the common goal of making ourcommunity a better place to work, play and live. These individuals have helped support our

Foundation over the past 47 years, while on the Board of Trustees as well as after their tenure.

Thank you!

FUNDS1971-2004Founding Donation by Prue MortonJoshua Dyke Family Scholarship FundEdyth Mary Dyke FundHelen L. Dewar FundDr. Robert K. Dewar Research FundArthur Widnall FundWilliam MacIssac FundHelen L. Dewar Scholarship FundJoseph Vezeau FundRuth Black FundWalter Ross Rogers FundDr. S. Penny Petrone FundRoss A. Wilson Education Fund 2005-2012Shirley H. & Meredith O. Nelson FundDr. George & Mary Morrison Family FundRoy Seymour & Geraldine RuthRogers Scholarship FundThunder Bay Community FoundationPresident’s FundKeri Chase Foundation Fund*Anne Boswell Cochran FundHannah & Victor Stevenson FundThe Estate of Eileen LahtiThe Margaret & Arnold WestlakeEndowment for the ArtsThunder Bay Art Gallery*Victor Stevenson Aviation Heritage FundJustice Ronald B. Lester Memorial YouthFoundation Fund*Shirley H. & Meredith O. Nelson FundThe Christopher Jean Memorial FundAda Carrel FundHospice Northwest* 2013Justice Ronald B. Lester Memorial BursaryKeri Chase Memorial Animal Welfare FundDilico Children`s Foundation*June Morgan MacDonald Bursary for Arts &DesignEstate of Lucy RitzaSuperior North EMS Leslie Vance BursaryDiane & Ron Watson Donor Directed FundTBCF Trustee Alumni Fund

2014JP Hudolin Family FundKelly & George Badanai Family FundVeena Lamba Scholarship for the ArtsShirley & James Symington Family FundCarolyn & Jack Verhoeven Family FundDr. James & Cappy Colquhoun Family FundLesley Bell & Rod Morrison Family FundJackie & Ernie Dojack Family FundThe Amber Foundation (formerly the JSTSFund)Kitty Kare*Habitat for Humanity*Shelter House*Thunder Bay & District Humane Society*

2015Grace & Colin Bruce Family FundSusan Cochran Simonsen Aboriginal BursaryFundRebecca Johnson FundThunder Bay Police Cruisers DefibrillatorFund 2016Susan Jones Friesen & Cliff Friesen FamilyFundNorthwestern Ontario Aviation HeritageCentre Non-Endowed Fund 2017Bonnie Moore & Jay Eingold FundMeredith-Karem Family FundSupporting Community Volunteers…the Tereand Marie McDonald FundNorthwestern Ontario Writer`s WorkshopNon-Endowed Agency Fund*RFL Holdings Fund for Indigenous InitiativesThunder Bay Community AuditoriumFoundation Non-Endowed FundThunder Bay Community AuditoriumFoundation Endowed Agency Fund* 2018Margaret and Ed Ayer Family FundBill & Doreen Everitt Bursary FundMarlo Ellis Bursary for Leadership In TheUncommon Woman Non-Endowed FundDerek Noyes Humane FundThunder Bay Boys and Girls Club AgencyEndowed FundThunder Bay Boys and Girls Club AgencyNon-Endowed FundThunder Bay Symphony Orchestra AgencyNon-Endowed FundHAGI - Agency Endowed FundShirley & Emilio Rigato Family Fund *Charity Endowment Funds

EXCITING YEAR FOR THE VEENA LAMBA SCHOLARSHIP FOR THE ARTS FUND2018 was a memorable year for the Veena Lamba Scholarship for the Arts Fund as the first disbursement was

made to a very deserving student, Brooklyn Ranta!

Mr. Pritam Lamba created the the scholarship fund in loving memory of his wife, Veena, as a remembrance of herlove of art, life and her joy in her family. Veena had an undoubtable passion for nature, which was the inspiration

for many of her pieces of art, including pastures, village settings and portraits, to name a few. In perpetuity,Veena's name and legacy will live on in this scholarship in Thunder Bay, assisting students in finding their

passion in the arts as Veena did.

$958,541

TOTAL OF

IN DONATIONSRECEIVED

IN 2018

2018 SCHOLARSHIP AND BURSARYRECIPIENTS

Arthur Widnall BursarySummer Jackson-Storm, École secondairecatholique de la VérendryeKayla McCraw, Geraldton Composite High School James and Shirley Symington Family FundBursaryCarter Pringle, Nipigon-Red Rock District HighSchoolEraj Rehman, Sir Winston Churchill CVI June Morgan McDonald Bursary for the Arts &DesignHayleigh Narbonne, Manitouwadge High School Superior North EMS Leslie Vance BursaryNicole Wiziniuk, Marathon High School/EcoleSecondaire Cite SuperieureKayla Genereux, St. Ignatius High SchoolEmily Hunt, St. Ignatius High SchoolTara Macchi, St. Ignatius High School Susan Cochran Simonsen Bursary forAboriginal StudentsJustine Hawkins, Superior CVI The Amber Foundation BursaryKayla Genereux, St. Ignatius High School Roy Seymour Rogers and Geraldine RuthRogers ScholarshipsNicole Wiziniuk, Marathon High School/EcoleSecondaire Cite SuperieureMaresa Gauvin, Nipigon-Red Rock District HighSchoolMathew Gascon- Manitouwadge High School

Aileen and Gertrude Lahti Family ScholarshipVictoria Anthes, Sir Winston Churchill CVIAnna Wood, St. Ignatius High School Joshua Dyke Family ScholarshipVictor Liao, Sir Winston Churchill CVIMariah Piovesana, Sir Winston Churchill CVI Veena Lamba Scholarship for the ArtsBrooklyn Ranta, Sir Winston Churchill CVI Helen L. Dewar ScholarshipKatherine Filipovic, St. Ignatius High SchoolEmily Hunt, St. Ignatius High School Victor Stevenson Engineering ScholarshipJared Kreiner, St. Ignatius High SchoolMicheal Pelaia, St. Ignatius High SchoolEdison Su, St. Patrick High School John A. McLean ScholarshipGeorgia Tocheri, St. Patrick High School Shirley H. & Meredith O. Nelson Health CareScholarshipEmily Kamphof, Westgate CVI Justice Ronald B. Lester Memorial BursarySarah Bilokryli, St. Ignatius High SchoolCale Proteau, St. Ignatius High School Friesen Jones Family BursaryTristyn Mattinas, Sir Winston Churchill CVI Ross A. Wilson Education FundAllison Jones- Hammarskjold High SchoolEmma Pineau- Hammarskjold High School

IN AWARDS!

IN 2018, 28 STUDENTS RECEIVED

$121,500

2018 GRANT RECIPIENTS

Thunder Bay Community Foundation GeneralFundRoots to Harvest: Opening DoorsPrecious Bundles- Children's Clothing AssistanceProgram: What's SUP: Socks & Underwear ProgramUrban Abbey: Urban Youth RescueThunder Bay Historical Museum: Seniors’Reminiscence ProgramThunder Bay Emergency Shelter Inc.: NewConvection Oven for Shelter House KitchenHabitat For Humanity Thunder Bay: The Renew-ItProgramArt With Impact Canada: Movies for Mental Health:Confederation CollegeCNIB (Canadian National Institute for the Blind):Connecting with Technology: Learning to UseAccessible TechnologyPRO Kids (Positive Recreation Opportunities forKids): Donor Retention Initiative Dr. R. K. Dewar Medical Research FundHospice Northwest: Research, Development,Implementation and Marketing of the HospiceNorthwest Quick Response Volunteer Team Program JP Hudolin Family FundWilderness Discovery Camp: Donor Directed

Shirley H. & Meredith O. Nelson FundCommunity Arts & Heritage Education Project(CAHEP): Dance, Dance, Dance: Finding Peace in aNew Home ("Dance, Dance, Dance")Underground Gym: Donor DirectedKitty Kare: Donor Directed James and Shirley Symington Family FundOur Kids Count: Take Back the Kitchen Margaret & Arnold Westlake Foundation for theArts FundMagnus Theatre Company Northwest Incorporated:Young Playwright’s ChallengeThunder Bay Symphony Youth Orchestra (TBSYO):Youth Composer Project 2018Thunder Bay Symphony Youth Orchestra (TBSYO):Donor Directed Christopher Jean Memorial FundShelter House: Donor Directed Donny Ritza FundNorWest Community Health Centres: Exploring theFASD Experience through Artistic Means: Anexposition of ourselves

Keri Chase Memorial Animal Welfare FundCaring Hearts Cat Rescue & Sanctuary: Isolationroom construction for FIV, FeLV currently beingcared for by Caring Hearts Cat RescueSt. John Ambulance: St. John Ambulance TherapyDog UnitPaws for Love Dog Rescue Thunder Bay: TargetTwenty - Adult Dog Rescue Hannah & Victor Stevenson Fund for Education &Arts DevelopmentMagnus Theatre Company Northwest Incorporated:The Consent ProjectThunder Bay Symphony Orchestra: TBSO Under-30Access PassThunder Bay Art Gallery: Busing Program forStudents Dr. S. Penny Petrone FundHabitat for Humanity Thunder Bay: Laughton HouseBuild 2018Thunder Bay Symphony Orchestra: TBSO FamilyConnects Project Ontario Endowment for Children & Youth inRecreation GrantsBoys & Girls Clubs of Thunder Bay: LeadershipDevelopment Program

IN AWARDS!

IN 2018, 29 CHARITIES RECEIVED

$862,966TBCF CELEBRATES LARGEST SINGLE

GRANT IN FOUNDATION'S HISTORY2018 was an exciting granting season for the Foundation. The

Thunder Bay Community Foundation General Grant was thrilled toprovide the Urban Abbey with the largest single grant in the

Foundation's history in the sum of $47,000 towards the costsassociated with their Youth Shelter, the Urban Youth Rescue.

The youth rescue is the first of its kind in the city of Thunder Bay thatfocuses entirely on the needs of youth, ages 16-24, in our community

that are facing homelessness.

The Urban Youth Rescue is expected to have the capacity to houseup to 16 youth, including 8 males and 8 females witha separate space available for transgendered youth.

"It was a project that we felt could make a significant difference in

Thunder Bay. We know that poverty overall and youth poverty is anissue in Thunder Bay. There is no dedicated youth shelter in Thunder

Bay and we knew from the grant application that this amount ofmoney leveraged all kinds of dollars", said Jackie Dojack, Thunder

Bay Community Foundation President. "The funding leveraged themgetting a building donated for the shelter and it also enabled them tocontinue with the renovations necessary to the building so they'll be

able to open the shelter as quickly as possible".

HISTORY

SERVICE PROVIDERS

1971-1976The Foundation is established andgives out over $35,000 in grants

1977-1982The Foundation gives out over

$163,000 and receives an estate giftof $1.1 M from Edyth Mary Dyke

1983-1988The Foundation gives out over

$308,000 in grants and $287,000in scholarships

1989-1994

A gift of $111,000 is generouslybequethed to the Foundation from

Mr. Arthur Widnall

The Foundation gives out over$246,000 in grants and $179,000

in scholarships

The Foundation receives a gift of$866,00 from Ruth Black

1995-2000The Foundation gives out over

$272,000 in grants and $234,000in scholarships

2001-2006The Foundation gives out over

$423,000 in grants and $371,000 inscholarships

$760,000 was given in estate giftsestablishing several new granting

funds, as well as 2 newscholarship funds

2013-2017The Foundation gives out over

$1,224,000 in grants and $290,000in scholarships

Over 20 new funds are establishedat the Foundation. Investmentmanagement and operationsmanagement processes are

improved.

The Foundation receives over$4M in gifts

2018The Foundation gives out over$961,000 in grants and over

$121,000 in scholarships

The Foundation has 11 new funds

2018 NOMINATING COMMITTEE 2018 VOLUNTEERS

Bill MauroMayor, City of Thunder Bay

Charla Robinson

President, Thunder Bay Chamber ofCommerce

Paulette Howe

President, Lakehead Social Planning Council

Thank you to our dedicated volunteersthat help make all of our events such a

huge success!

Cassandra Tolmie

Karen Nietschei

2018 SERVICE PROVIDERS

Thyme Fine DiningThe Chantrelle

Christina ZubackPhotography

Primary PhotoThe Walleye

TB NewswatchThe Chronicle Journal

2018 PROFESSIONAL ADVISORS

Auditor: Grant ThorntonLegal Counsel: Weilers Law

Banker: RBC & Copperfin Credit UnionInvestment Advisor: Andrew Johnson,

Mawer Investment ManagementInsurance: BrokerLink

2007-2012The Foundation gives out over

$587,000 in grants and $284,000in scholarships

$1,555,000 was given in estate giftsand from living donors, establishingmany new granting and scholarship

funds

CONTACT US

FINANCIALS

Revenue

2018 Total Revenue

800,000

Externally Restricted72.7%

Unrestricted25.3%

Internally Restricted2%

2018 Fund Balances

$8,077,107

$2,810,590

$222,648

600,000400,000200,0000-200,000-400,000-600,000-800,000

Capital Gains on Sale of Securities$48,942

Unrealized Gain (Loss) on Investments and Fees($875,501)

Interest Income$74

Dividend Income$809,870

Office a

nd M

iscell

aneo

us

Profes

siona

l Fee

s

Promoti

ons a

nd P

ublic

ation

s

Wag

es an

d Emplo

yee B

enefi

ts

200,000

150,000

100,000

50,000

0

2018 Total Expenses

Donation and Other Revenue$176,953

A Word From Mawer

After years of generally rising equitymarkets, 2018 saw broad equity

declines with pronounced volatility inthe final quarter where markets swungup and down by multiple percentage

points on many days. The maincatalysts of the weakness appeared tostem from worries about rising interest

rates, trade actions, slowing globaleconomic growth, and the flattening of

the U.S. treasury yield curve.

TBCF’s benchmark declined by 3.0%over the past 12 months given thebroad equity market declines. TheMawer Balanced Pooled Fund, of

which the TBCF is invested in, gained0.5% before management fees (flat

after fees), outpacing the benchmarkby 3.5%. TBCF’s portfolio performed

as we want it to during a period ofbroad negative market activity.

Notably, the portfolio’s overweightposition in US equities and

underweight position in Canadianequities helped in maintaining themarket value of the portfolio in theface of downside volatility. And the

holdings in Cash and Bonds did whatthey are supposed to do: act as a

shock absorber (or fire extinguisher insome cases) to what can be ugly

performance from equities at times.

TBCF’s portfolio is designed for thelong-term nature of the foundation’s

capital, seeking to prudentlycompound wealth while aiming toprotect against the impairment of

capital. We believe that diversificationby company, sector, geography,

currency and asset class is a logicaldefense in the face of uncertainty andis our main approach to balancing the

growth of capital while protecting itduring stormy weather.

$35,471

$8,615

$40,673

$185,410

Andrew JohnsonPortfolio Manager

Mawer Investment Management Inc.

!! It is the generosity of our donors who ensure ourcommunity is nurtured and sustained through the

Foundation.

We are so grateful for your investment in our communitywith the Thunder Bay Community Foundation! You ensure

that charities and our youth have a sustainable future.

From everyone at the Thunder Bay Community Foundation,

THANK YOU!

HAGI - Agency Endowed FundHAGI

Keri Chase Foundation Agency Endowment

FundThe Keri Chase Foundation

Thunder Bay Boys and Girls Club Agency

Endowed FundBonnie Moore

Thunder Bay Symphony Orchestra Agency

Non-Endowed FundDavid Legge

Thunder Bay Symphony Orchestra

Bonnie Moore and Jay Eingold FundAngie MalteseKarin Nietschei

Christopher Jean Memorial Fund

Marcel JeanShalyn & Tyler Madigan

Derek T. Noyes Humane Fund

Derek Noyes

Doreen & Bill Everitt Family Bursary FundBruce Everitt

Doreen and Bill EverittJoanna EverittWilliam Everitt

John Remus-Everitt

Dr. George and Mary Morrison Family Fundfor the EnvironmentCatherine Morrison

Mary Morrison

Dr. James and Cappy Colquhoun FamilyFund

Carolyn ColquhounCatherine Colquhoun

Margot Colquhoun

Margaret and Ed Ayer Charitable FundMargaret Ayer

General FundAnonymous (2)George HrudieShaun IrelandPaul Jasiura

Michael LarizzaMawer

Scott Warwick

JP Hudolin Endowed Family Fund inMemory of John & Phyllis

John and Cheryl BallRose Bava

Ken BoshcoffDeb ComuzziKrysta DanieleSonia FedykWalter Flasza

Donald and Lois GuerrieriDiana and James Higgins

Maria HudolinKeith Jobbitt

Diane Jordan-TraczEd and Irene Kozlowski

Pritam LambaCandace Logozzo

Deana MarcinLawrence A. Mirisch

Laura NashDave & Lois Nuttall

Doris PizziCharla RobinsonNorman Simon

Deborah and John SimsRonald Suttie

Carolyn TreichlerJohn Wieckowski

Justice Ronald B Lester Memorial Youth

BursaryJordan Lester

Kelly & George Badanai Family Fund

Maxine Badanai

Lesley Bell and Rod Morrison Family FundAnonymous

Meredith/Karem Family Fund

Steve Karam and Patricia Meredith

Arthur Widnall FundJohnson Scholarship Foundation

Grace and Colin Bruce Family Fund

Colin and Grace BruceUnited Way of Thunder Bay

Jackie and Ernie Dojack Family Fund

Jackie and Ernie Dojack

Friesen/Jones Family FundCliff Friesen and Susan Jones

PQR FundAnonymous

The Margaret & Arnold Westlake

Endowment for the ArtsArnold Westlake

RFL Holdings Fund for Indigenous

InitiativesJordan Lester

Shirley & Emilio Rigato Family Fund

Shirley & Emilio Rigato

Shirley & James Symington Donor DirectedEndowed Famiy Fund

James and Shirley Symington

Susan Cochran Simonsen First NationsBursary

Anonymous

The Amber FoundationKatie Nichols-Matchett

The Superior North EMS Leslie Vance

Bursary FundAnonymous

United Way of Thunder Bay

Thunder Bay Humane Society EndowmentFund

Kathy Bellemare

Marlo Ellis Bursary for Leadership in theUncommon Woman

Nadia La Russa