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The Rotary Club of Medicine Hat welcomed Chris Christie to the meeting today, to provide an update on the activities of the Community Foundation of Southeastern Alberta. Chris began by congratulating the club on our Centennial, this year is the 25th anniversary of the Community Foundation. Chris started in February of this year, and made a point to mention that the previous ED Mike is no relation, but she now has him on speed dial to try to catch up to all the intricacy's of the job. It has been a long process.
Chris mentioned that over the course of those 25 years, over $5 million has been given out to deserving projects and charities. The CFSEA now has over $12M under management in the endowment, and employs a professional manager for the funds. She was very happy to report that they achieve an administrative cost of 1.5%, which is superior to many charitable organizations.
She spoke about the rebuilding of the office staff over the summer and the work that has gone on to put out Vital Signs 2017. She believes, given the work involved that it will not be an annual publication in the future. She advised that they are working on giving advisory groups in both Brooks and Oyen, to help direct local funds in the best way. She also spoke about making grants both responsive and impactful.
A good crowd was on hand to ask a few questions, and Chris was thanked for her work by President Karen.
