Skip Ribbon Commands
Skip to main content

Update This Charity

Are you associated with this charity? Did you know that you can add relevant information about this charity, as well as display posts from various social networking sites such as Facebook, Twitter and YouTube? To update your charity, first link your user profile to this charity on the Update User Profile page, and then update your charity's information on the Charity Update page.

LONDON COMMUNITY FOUNDATION


Year End
 

 Summary

 
Type of Org Public Foundation
Category (Welfare) Charitable Corporations
Business Registration Number 107641953RR0001
Status Active
Website WWW.LCF.ON.CA
Mailing Address 130 KING ST COVENT GARDEN MARKET
LONDON, ON
N6A1C5

​Interpreting the numbers: Community foundations are different than other charities, so our financial information looks different. We fund charities via our long-term endowment funds, not just year-to-year fundraising, so the gifts we receive are used to build a pool of funds that will generate money to give to charities every year.    

Revenue & Total Expenditures

Areas of Operation

Write a description if this section applies 100 %

Information added by the charity

No additional information has been added by the charity


Historic Annual Reports
No annual reports have been shared with CharityFocus.

Historic Financial Statements
No financial statements have been shared with CharityFocus.

Supplemental Documents
No supplemental documents have been shared with CharityFocus.

Please note the organization's description will appear in the language in which it was submitted to the CRA.

New Programs


(As submitted by the charity to the Canada Revenue Agency)

N/A


Ongoing Programs


(As submitted by the charity to the Canada Revenue Agency)

London Community Foundation stregthens it's community by making grants to qualified donees in London and Middlesex counties in the areas of Arts and Culture, Recreation, Education, Environment, Health and Community Services.

 

 Financials

 
Type of accounting used Accrual

Assets for Period Ending 2012-12-31

​​Interpreting the numbers: Community foundations are different than other charities, so our financial information looks different. We fund charities via our long-term endowment funds, not just year-to-year fundraising, so the gifts we receive are used to build a pool of funds that will generate money to give to charities every year.
Short-term assets $1,707,394
Accounts receivable from non-arm's length parties
Accounts receivable from other parties $24,318
Investments in non-arm's length parties
Long-term investments $48,765,932
Inventories
Land and buildings in Canada
Other capital assets in Canada $25,253
Capital Assets outside of Canada
Accumulated amortization
Other Assets $156,740
Total Assets $50,679,637
Amount of capital and other assets not used in charitable programs $156,740

 

Liabilities for Period Ending 2012-12-31

Accounts payable/accrued liabilities $66,620
Deferred revenue
Amounts owing to non-arm's length parties
Other liabilities $1,400,250
Total liabilities $1,466,870

 

Revenue for Period Ending 2012-12-31

Total donations for which tax receipts were given $1,809,747
Total amount received from other charities $550,783
Total specified gifts from other charities
Total donations without tax receipts $15,495
Total received from the federal government
Total received from provincial/territorial government
Total received from municipal/regional government
Total received from government
Total received from all sources outside of Canada
Investment Income $4,351,403
Gross proceeds from disposition of assets
Net proceeds from disposition of assets
Gross income from rental of land or property
Non-tax receipted revenue from membership and association dues
Non-tax receipted revenue from fundraising
Revenue from sale of goods (not to government)
Other revenue
Sources of other revenue
Total Revenue $6,727,428

 

Expenditures Before Gifts to Qualified Donees
for Period Ending 2012-12-31

Advertising and promotion $84,348
Travel and vehicle $8,095
Interest and bank charges $511
Licenses, memberships and dues $7,511
Office supplies and expenses $78,577
Occupancy costs $37,736
Professional and consulting fees $20,735
Training and education for staff and volunteers $6,941
Total expenditure on compensation $513,444
Fair market value of donated goods
Cost of all purchased supplies and assets
Amortization of capitalized assets $8,492
Expenditure for research grants and scholarships (part of charitable programs)
Other expenditures $35,661
Sources of other expenditures
Total expenditures before gifts to qualified donees $802,051

 

Break-down of Expenditures for Period Ending 2012-12-31

Amount spent on charitable programs $137,558
Amount spent on management and administrations $427,646
Fundraising expenses $236,847
Political activities expense
Other expenses
Gifts to qualified donees $1,744,315
Total Expenditures $2,546,366
 

 People

 
Number of Permanent, full time paid employees 6

Top 10 compensated employees paid:

$1-$39,999 1
$40,000-$79,999 3
$80,000-$119,999 1
$120,000-$159,999 1
$160,000-$199,999
$200,000-$249,999
$250,000-$299,999
$300,000-$349,999
$350,000+

Number of part-time or seasonal employees 1
Total compensation for part-time employees $17,550
Total compensation for the organization $513,444

Directors/Trustees and Like Officials

Director's Name Position At Arm's Length
Tima BansalDirector
Donna BourneChair
Kathleen BrownDirector
Peter DillonDirector
Murray FaulknerDirector
Fred GallowayDirector
John MocklerDirector
John NicholsonPast Chair
Patrick O'NeillVice Chair
Glen PearsonDirector
Martha PowellCEO, Ex-Efficio
Joe RuscittiDirector
Vikram JindalDirector
Gregory PlayfordDirector
Perry FergusonDirector
Foerster StephenDirector

 

 Fundraising

 
​​​Interpreting the numbers: Community foundations are different than other charities, so our financial information looks different. We fund charities via our long-term endowment funds, not just year-to-year fundraising, so the gifts we receive are used to build a pool of funds that will generate money to give to charities every year.  
Total Fundraising Expenditure $236,847

Fundraising activities carried out by the organization:

  • Mail campaigns
  • Planned-giving programs
  • Targeted corporate donations/sponsorships
  • Targeted contacts
  • Professional

Did organization pay external fundraisers? No
Gross revenue generated by fundraiser
Amount paid to fundraiser
Method of payment for fundraiser

 

 International

 

This charity did not engage in international activities

 

 News

 
Retrieving Data
​Please note: All financial information on this page comes directly from the Canada Revenue Agency's Charities Directorate. We do not make any attempt to correct or change information we receive. If you are associated with a charity and you notice an error, please see the Charity Directorate's site on how to Amend the T3010 information return (http://www.cra-arc.gc.ca/chrts-gvng/chrts/prtng/rtrn/mndng-eng.html). Please see our terms of use (http://www.charityfocus.ca/EN/Pages/terms-of-use.aspx) for more information.
Want to know more?


Follow us on twitter:
twitter.com/imaginecanada

Like us on facebook:
facebook.com/imaginecanada

Contact us

For more information contact us at:
charityfocus@imaginecanada.ca
www.imaginecanada.ca

Contact us by fax or post

Funding

Government of Canada Logo

Production of this website has been made possible by a financial contribution from the Canada Revenue Agency

Supported by

Cenovus Energy


RBC


Telus

©Copyright 2011 Imagine Canada Read our privacy policy Read our terms of use