"Prepared by the Graphics department of the General Synod of the Anglican Church of Canada". -- inside front cover.
"Digital format of this yearbook is available at www.anglicanfoundation.org". -- inside front cover.
"Against the backdrop of this remarkable year on the global front alongside the soaring high-tech panorama, the Anglican Foundation stepped into the currency of YouTube, Facebook, and blogging. ... Our hope is to continue to enhance our web presence and make use of social media more fully. .... Hope Bear took a whimsical journey across Canada, visiting people and projects funded by the Anglican Foundation and described in the colourful 2011 publication of 'The Happy Adventures of Hope Bear' ... New to our membership this year were children and young people as Foundation Friends from coast to coast, who showed no hesitation in donating toonies to begin in the process of creating a 'Kids Helping Kids' Trust Fund with the goal of helping make a difference for kids in Canada". "2011 was also a year of the creation of a Strategic Planning Team with the task of refreshing the Foundation's vision and mission with a view to determining priorities and practices. Part of this task included an all-member survey conducted in the fall, from which we received a 50% response. The survey's results will assist the strategic team in its ongoing mandate, taking great care to move ahead with a relevant and purposeful plan". -- p. 5-6.
Contents: Contents -- A Dream, for Today A Legacy for Tomorrow -- [Photos] -- From the Executive Director : "2011 was a remarkable year" / Judy Rois -- Staff 2011 -- Directors of the Board 2011 -- Individual Memberships 2011 -- Deceased Members -- [Photos] -- Corporate Memberships 2011 -- Projects and Awards 2011 -- Financial Highlights -- [Photos] Membership and Donation Form -- [Photos] -- Gift Planning.
FINANCIAL MANAGEMENT PRESENTATION #007-01-16-11 to 04-16-11
The Treasurer and CFO of General Synod, Ms. Hanna Goschy, presented the report from the Financial Management Committee. The report included a budget with narrative, year-to-date financials with commentary and balance sheet, criteria for the Ministry Investment Fund (MIF), new projects approved in June 2016, and a report from the Chair.
Ms. Goschy spoke to the 2017 budget summary and encouraged members to read the commentary provided for program areas. She highlighted the following:
- The final version of the proposed budget forecasts a $47,360 surplus.
- As mandated, a five-year budget has also been provided with each year balanced.
- The budget presented was reviewed by the Financial Management Committee on October 29, 2016.
- Expenses were reviewed for General Synod ministries.
- 87 percent of net revenues come from diocesan provincial gifts.
- Diocesan contributions are the most important component of revenue for General Synod.
Questions and comments were welcomed. Members inquired about program expenditures, maintenance costs at Church House, and whether there has been a motion to ensure staff are paid a living wage. Regarding living wage for staff, The Ven. Dr. Michael Thompson noted an analysis would be done for the next CoGS meeting.
Further conversation about the budget and the resolution from the Financial Management Committee was scheduled for the following day.
The Primate thanked Ms. Goschy and those on Management Team who supported the development of the budget’s narrative for CoGS.
2017 BUDGET CONVERSATION AND RESOLUTION [Page 16]
Having had time to reflect on the 2017 budget and the Financial Management Report, Council members were invited to ask questions. As previously reported, it was requested that for the next meeting of CoGS, General Synod provide comment on whether staff are paid a living wage.
That the Council of General Synod approves the 2017 Budget with a surplus of $47,360.
Ms. Goschy was thanked for her presentation of the finances.