BCIT Alumni Association Annual Review Financials 2011-12

BCIT connects.

BCIT Alumni Association Annual Report 2011–12 Annual General Meeting May 16, 2012

Treasurer’s Report Statement of Financial Position as at March 31, 2012 Balance Sheet

2010/2011

2011/2012

$ 200

$ 200

96,553

122,799

0

7,083

$ 96,753

$ 130,082

$ 0

$ 3,295

INTERNALLY RESTRICTED

26,730

25,000

UNRESTRICTED

70,023

101,787

$ 96,753

$ 130,082

ASSETS Cash on Hand

Petty Cash

General Account

Prepaid Expenses TOTAL ASSETS LIABILITIES

TYLER DAVIS, PRESIDENT

1 2

1 2

GABRIELLO AQUINO, TREASURER

Funds collected for BCIT conference and FUSE event.

25,000 restricted for Association’s Sustainability Fund.

2 ANNUAL REPORT 2011–2012

BCIT ALUMNI ASSOCIATION

Statement of Operations April 1, 2010–March 31, 2012

2010/2011 2011/2012 REVENUE Affinity Programs

$ 71,742

$ 86,966

Alumni myBCIT cards

5,080

3,940

Merchandising (convocation flowers, etc.)

1,740

1,718

129,094

129,667

50,000

0

854

1,866

0

2,427

$ 258,510

$ 226,584

$ 6,573

$ 1,320

950

950

Event Revenue (ticket sales, auction proceeds, sponsorship) Reimbursement of Royal Oak Project Donation Interest Miscellaneous TOTAL REVENUE EXPENSES Board of Directors

Board/Committee Meetings (includes AGM)

Directors and Officers Liability Insurance

Volunteer and Staff Recognition

1,097

584

Donations

7,655

5,650

Contributions to Alumni Endowment

Alumni Appeal Pacesetter

25,000

25,000

Proceeds of the BCIT Alumni Open Golf Tournament

50,000

37,323

Sponsorship of the Alumni Calling Campaign

1,326

0

3,444

0

Special Events

Distinguished Alumni Awards

BCIT Alumni Open Golf Tournament

95,715

83,532

Sponsorship and External Event Participation

19,996

34,970

Student Liaison

0

0

Marketing and Communications

0

1,890

3,946

5,330

$ 215,702

$ 196,549

$ 42,808

$ 30,035

General and Administrative TOTAL EXPENSES

SURPLUS/(DEFICIT)

IN DEMAND, DELIVERING RESULTS

bcit.ca/alumni 3

Alumni Association Programs, Sponsorships, and Donations

Alumni Association Programs Alumni myBCIT card holders (total)

988

Alumni myBCIT cards sold FY 2011–2012

167

BMO Bank of Montreal BCIT MasterCard holders

2,174

Canadian Direct Home Insurance and Auto Insurance policyholders

2,060

Dreyer Group Mortgages Inc. IAP Life, CI, OO, LTD and AD & D Insurance policyholders

4 316

Alumni Association Event Attendance Annual General Meeting

157

BCIT Alumni Open Golf Tournament

165

Distinguished Alumni Awards

418

Schmoozapalooza 213 SIFE–BCIT FUSE Event

117

In 2011–2012 the Alumni Association Sponsored and Donated BCIT Alumni Association Sharing Success Campaign Industry Networking Events

$ 62,323 13,675

BCIT Outstanding Student Leadership Award

5,408

Student and Alumni Events

8,645

Community Events

7,000

TOTAL

4 ANNUAL REPORT 2011–2012

$ 97,051

BCIT ALUMNI ASSOCIATION

Sharing Knowledge, Sharing Success

Alumni Giving to BCIT April 1, 2011 to March 31, 2012 Donations, not including bequests

$ 38,840

Bequests 660,524 Alumni Association Golf Tournament

37,323

Alumni Member Benefit Program Revenue

86,966

Schmoozapalooza 7,834 Alumni Program Sponsorships from Alumni TOTAL

6,500 $ 837,987

The BCIT Alumni Association Scholarship and Bursary Endowed Fund, which provides bursaries, scholarships and awards to students, grew to $1,180,215.35 as of March 31, 2012.

Since the Alumni Endowment was established, 669 students have received bursaries, scholarships, graduating awards, and entrance awards valued at $673,984.

Student awards disbursed on behalf of the BCIT Alumni Association in 2011–2012: 29 alumni awards totalling $49,890 were disbursed this fiscal as follows: JUNE 2011 Five $608 graduation awards totalling $3,040 (Schools of Business, Computing and Academic Studies, Construction and the Environment, Energy, and Health Sciences).

SEPTEMBER 2011 Outstanding Student Leadership Award $5,408 OCTOBER 2011 Eleven $3,000 entrance awards totalling $33,000 (Schools of Construction and the Environment, Health Sciences, and Business).

NOVEMBER 2011 Five $607 first year awards totalling $3,035 (Schools of Construction and the Environment, Computing and Academic Studies, and Health Sciences).

MARCH 2012 Seven bursaries totalling $5,407 (Schools of Business, Computing and Academic Studies, Construction and the Environment, and Health Sciences).

IN DEMAND, DELIVERING RESULTS

bcit.ca/alumni 5

Sponsors The BCIT Alumni Association gratefully acknowledges the support of our sponsors who help us to deliver successful events: DISTINGUISHED ALUMNI AWARDS Emcee: Scott Rintoul, Team 1040, Broadcast and Media Communications–Journalism, DiplT ’02 D IA M O N D P R E MIE R E

PL AT IN U M

GO LD

SILVE R

››Ashberry & Logan Floral Designers ››BCIT Faculty and Staff Association ››Coast Mailing Services Ltd. ››Leader Manufacturing Inc.

PLATI NUM MEDI A

››Stantec Inc. ››Vancouver Regional Construction Association

SUPPORTER

››Media FX Group ››Woodhouse & Associates Inc.

BRONZE

››Davis LLP ››The Vancouver Sun

ALUMNI OPEN GOLF TOURNAMENT Emcee: Jay Janower, Global TV, Broadcast and Media Communications–Journalism, DiplT ’93 PA R T N E R

E XCLUSI V E H OLE

B R E A KFA S T S PON S OR

››Certified General Accountants Association of BC ››Concert Properties Ltd. ››Curis Resources Ltd. ››Dreyer Group Mortgages Inc. ››Grant Thornton LLP ››Industrial Alliance Pacific Insurance and Financial Services ››Kasian Architecture Interior Design and Planning Ltd. ››Mott Electric GP ››Speedy Glass & Apple Auto Glass Inc. ››Vancouver Giants Hockey Club ››Vancouver Regional Construction Association ››Vancouver Airport Authority

››Fasken Martineau DuMoulin LLP H O LE IN O N E SPO N S OR S

››Dueck Auto Group ››Investors Group H O LE S P O N S OR S

››ABC Recycling Ltd. ››Applied Science Technologists and Technicians of BC ››BCIT Student Association ››BMO Financial Group ››Bell Canada ››Boyd Autobody ››Burnaby Firefighters Charitable Society ››Canadian Western Bank

ANNUAL GENERAL MEETING

6 ANNUAL REPORT 2011–2012

CART

TOURNAMENT V I DEO

››BCIT Learning and Technology Services AUCTI ON PRI ZE (VALUED AT $1,00 0 + )

››Canadian Direct Insurance/Duncanby Lodge and Marina ››Donna Goy–Investors Group ››Fairmont Jasper Park Lodge ››Hastings House Country House Hotel ››Northview Golf & Country Club ››River Rock Casino Resort ››Sonora Resort Canada ››Vancouver Giants Hockey Club

PR E SE N T IN G

BCIT ALUMNI ASSOCIATION

Alumni Association Board of Directors (2011–2012) Association Executive PRESIDENT Tyler Davis BTech Management ’05, Marketing Management Certificate ’99, Broadcast Communications ’94 Communications Manager, Real Estate Council of BC

EXECUTIVE DIRECTOR, BCIT ALUMNI ASSOCIATION Pommashea Noel-Bentley Vice President, External Relations and CEO, Alumni and BCIT Foundation

VICE PRESIDENT Jason Kitamura Administrative Management ’87 Director, BC Credit Solutions Group Scotiabank Commercial Banking

SECRETARY/TREASURER Gabriello Aquino Financial Management ’02 International Tax Services, PriceWaterhouseCoopers LLP

Directors Adam G. Pion, Financial Management ’94 (Past President)

Asifa Samji, BTech–Environmental Engineering ’00, Environmental Health ’96, BSc ’92 UBC

Steve Bains, Building Technology ’98

Elena Pirvulescu, Appointed Member, Financial Management ’04, BTech Professional Accounting ’07

Julia Cameron, Marketing Management ’08 Brent Charleton, Marketing Management ’10 Anthony Fong, Financial Management ’92 Ron Killby, Business Management ’70

Elena Romero, Appointed Member, Human Resource Management ’10

John Mallory, Building Technology ’96

Tara Johnson, Appointed Member, BCIT Student Association, President’s Designate

Bob Ostle, ASTT ’71, Chemical and Metallurgical Science ’69

Caroline Gagnon, Appointed Member, Director, BCIT Student Association

The Alumni Association benefits from time and talent contributed by many alumni volunteers and professional service providers.

We thank all those who have supported BCIT alumni and students in the past year.

IN DEMAND, DELIVERING RESULTS

bcit.ca/alumni 7

BCIT Alumni Association Founded by graduates of the British Columbia Institute of Technology in 1979, the BCIT Alumni Association is a registered, non-profit society governed by a board of volunteer directors and financed by Association affinity programs, sponsorship, and institute support. The Association has more than 145,000 members, of which approximately 125,991 are recorded and 84,971 are active on the database.

Vision The BCIT Alumni Association is a thriving organization that inspires passion for the BCIT community, provides leadership with its connection to alumni and students and excels in offering valuable programs and services.

Core Values >> We are focused on the best interests of BCIT alumni and students >> We celebrate alumni as ambassadors for BCIT >> We value personal growth through continual learning

Mission The BCIT Alumni Association connects and engages alumni in a lifelong relationship with the BCIT community by providing innovative programs and services that support alumni and student success.

>> We act with integrity >> We communicate openly and honestly >> We are creative and innovative >> We foster goodwill >> We are accountable for our work and actions >> We respect and protect our natural environment >> We believe in having fun

BCIT ALUMNI ASSOCIATION SE40 230 3700 WILLINGDON AVENUE BURNABY BC, V5G 3H2 T 604.432.8847 TF 1.877.432.8847 E alumni@bcit.ca W bcit.ca/alumni MCD 1059