Transforming the Giving Landscape

Dave Frank, Board Chair

Richmond Community Foundation

Pat Watson, Board ChairRichmond Cares, Richmond Gives

It Begins With A Conversation

Volunteer Richmond Information Services (1972) Richmond Community Foundation (1990)

In April 2013, following three years of planning, we signed collaboration agreement to start working together to do more – for volunteers, donors, and the community.

Purpose of the Collaboration

Create operational efficiencies Limit the duplication of services Reduce costs Increase organizational capacity Broaden our community impact Lead by example

Collaboration in Action

Sharing office space

Sharing an Executive Director and staff resources

The Foundation maintains control of endowment funds, and is responsible for all decisions surrounding grants and scholarships

2013 Community Foundations of Canada Conference

Dominant Theme:

If organizations are to do more with what they have, they’ll need to rely on creativity, collaboration, and even “disruptive innovation.”

We knew we were on the right track!

Richmond Cares, Richmond Gives

In November 2013, we officially named our collaborative initiative

Richmond Cares, Richmond Gives

Our VisionRichmond Cares, Richmond Gives will encompass the work of both Volunteer Richmond and the Community Foundation, and serve as the centre for philanthropy in our community. It will be a physical and virtual space where people can donate volunteer time and financial resources to any organization in Richmond.

A Better Way to Give

By RichmondFor RichmondIn Richmond

The Richmond Cares, Richmond Gives website will connect community organizations with volunteers and donors.

For Individuals & Businesses

An online resource that will centralize, streamline, and simplify the act

of giving.

For the Non-Profit SectorA tool that will

help organizations recruit more

volunteers and raise more money.

Process and Progress

Decide on Name

& Governance

Model

Finalize Service Agreement

Develop PR &

Communications Plan

PassSpecial Resolutions

PlanSignature

Event

RICHMOND COMMUNITY FOUNDATION

7 Directors

AssetsInvestmentsDistributionAccountability

RICHMOND CARES, RICHMOND GIVES(Administration, Programs and Services)

12 Directors, including Chair of Foundation

Endowment DevelopmentCore FundingPrograms and ServicesGrantsScholarships

Operating Structure

BELIEVE IT! February 2014 - $150,000 grant from the Government of

BC

August 2014 - Funding from the Vancouver Foundation to run its Neighbourhood Small Grants program in Richmond

October 2014 -Awarded a $220,000 grant from a private donor

January 2015 - Partnership agreements with Great Canadian Gaming Corporation and YVR – Vancouver International Airport

February 2015 - Volunteer Richmond announces it will be doing business as Richmond Cares, Richmond Gives

BIG Goals for 2017

Establish a $500,000 Richmond Cares, Richmond Gives Forever Fund

Increase the total value of the Community Foundation’s Endowment Funds to $10 million

Richmond Cares, Richmond Gives is fully operational

Thank You!