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Calgary Foundation
The Calgary Foundation (TCF) is a Canadian registered charity serving Calgary, Alberta. The foundation was established by a group of community-minded citizens to meet a wide variety of social, cultural, educational, health, environmental, and community charitable needs in Calgary and the surrounding area. The foundation undertakes this work through the distribution of income from endowments and other funds established by donors. The foundation distributes five percent of the market value of each fund on an annual basis. Any income in excess of this, net of administration expenses, is added to the capital of the funds. , it had endowments valued at $334 million and granted $33 million to 547 charitable organisations. History The Calgary Foundation was founded in 1955 by community leaders like Doug Hawkes. Hawkes remembered the generosity of the Red Cross Agencies that took care of him while serving as a soldier in World War II and vowed to return the favour one day. In the ea ...
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Registered Charity
A charitable organization or charity is an organization whose primary objectives are philanthropy and social well-being (e.g. educational, religious or other activities serving the public interest or common good). The legal definition of a charitable organization (and of charity) varies between countries and in some instances regions of the country. The regulation, the tax treatment, and the way in which charity law affects charitable organizations also vary. Charitable organizations may not use any of their funds to profit individual persons or entities. (However, some charitable organizations have come under scrutiny for spending a disproportionate amount of their income to pay the salaries of their leadership). Financial figures (e.g. tax refund, revenue from fundraising, revenue from sale of goods and services or revenue from investment) are indicators to assess the financial sustainability of a charity, especially to charity evaluators. This information can impact a char ...
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Calgary, Alberta
Calgary ( ) is the largest city in the western provinces and territories of Canada, Canadian province of Alberta and the largest metro area of the three Canadian Prairies, Prairie Provinces. As of 2021, the city proper had a population of 1,306,784 and a metropolitan population of 1,481,806, making it the List of the largest municipalities in Canada by population, third-largest city and List of census metropolitan areas and agglomerations in Canada, fifth-largest metropolitan area in Canada. Calgary is situated at the confluence of the Bow River and the Elbow River in the south of the province, in the transitional area between the Rocky Mountain Foothills and the Canadian Prairies, about east of the front ranges of the Canadian Rockies, roughly south of the provincial capital of Edmonton and approximately north of the Canada–United States border. The city anchors the south end of the Statistics Canada-defined urban area, the Calgary–Edmonton Corridor. Calgary's economy ...
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Financial Endowment
A financial endowment is a legal structure for managing, and in many cases indefinitely perpetuating, a pool of financial, real estate, or other investments for a specific purpose according to the will of its founders and donors. Endowments are often structured so that the inflation-adjusted principal or "corpus" value is kept intact, while a portion of the fund can be (and in some cases must be) spent each year, utilizing a prudent spending policy. Endowments are often governed and managed either as a nonprofit corporation, a charitable foundation, or a private foundation that, while serving a good cause, might not qualify as a public charity. In some jurisdictions, it is common for endowed funds to be established as a trust independent of the organizations and the causes the endowment is meant to serve. Institutions that commonly manage endowments include academic institutions (e.g., colleges, universities, and private schools); cultural institutions (e.g., museums, librarie ...
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International Red Cross And Red Crescent Movement
The International Red Cross and Red Crescent Movement is a humanitarian movement with approximately 97 million volunteers, members and staff worldwide. It was founded to protect human life and health, to ensure respect for all human beings, and to prevent and alleviate human suffering. Within it there are three distinct organisations that are legally independent from each other, but are united within the movement through common basic principles, objectives, symbols, statutes and governing organisations. History Foundation Until the middle of the nineteenth century, there were no organized or well-established army nursing systems for casualties, nor safe or protected institutions, to accommodate and treat those who were wounded on the battlefield. A devout Calvinist, the Swiss businessman Jean-Henri Dunant traveled to Italy to meet then-French emperor Napoleon III in June 1859 with the intention of discussing difficulties in conducting business in Algeria, which at that time ...
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World War II
World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the vast majority of the world's countries—including all of the great powers—forming two opposing military alliances: the Allies and the Axis powers. World War II was a total war that directly involved more than 100 million personnel from more than 30 countries. The major participants in the war threw their entire economic, industrial, and scientific capabilities behind the war effort, blurring the distinction between civilian and military resources. Aircraft played a major role in the conflict, enabling the strategic bombing of population centres and deploying the only two nuclear weapons ever used in war. World War II was by far the deadliest conflict in human history; it resulted in 70 to 85 million fatalities, mostly among civilians. Tens of millions died due to genocides (including the Holocaust), starvation, ma ...
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Mount Royal College
Mount Royal University (MRU) is a public university in Calgary, Alberta, Canada. History Mount Royal University was founded by Alberta provincial charter by the Arthur Sifton government on December 16, 1910 and officially opened on September 8, 1911. Originally "Mount Royal College", the institution was the brainchild of Calgary Reverend George W. Kerby (1860-1944) who sought an opportunity for higher education for the benefit of young people from rural homes in the area. The provincial charter as presented in the legislature by R. B. Bennett was titled "Bill 48, ''An Act respecting the Calgary College''", however Premier Sifton, Kerby and others agreed not to use Calgary for the name of the new college. Mount Royal became a post-secondary institution in 1931 as Mount Royal Junior College (MRC) offering transfer courses to the University of Alberta and later to the University of Calgary. In 1972 Mount Royal moved from several buildings in downtown Calgary to a new campus in Li ...
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Charities Based In Canada
A charitable organization or charity is an organization whose primary objectives are philanthropy and social well-being (e.g. educational, religious or other activities serving the public interest or common good). The legal definition of a charitable organization (and of charity) varies between countries and in some instances regions of the country. The regulation, the tax treatment, and the way in which charity law affects charitable organizations also vary. Charitable organizations may not use any of their funds to profit individual persons or entities. (However, some charitable organizations have come under scrutiny for spending a disproportionate amount of their income to pay the salaries of their leadership). Financial figures (e.g. tax refund, revenue from fundraising, revenue from sale of goods and services or revenue from investment) are indicators to assess the financial sustainability of a charity, especially to charity evaluators. This information can impact a chari ...
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