JA British Columbia 2007-08 Annual Report

Bridging the Talent Gap

JUNIOR ACHIEVEMENT OF BRITISH COLUMBIA Annual Report 2007 • 2008

purpose To inspire and prepare young people to succeed in a global economy.

vision JA will be the partner of choice for businesses, educators, and policy-makers around the globe seeking to expand workforce and economic development.

We will be revered for providing experiences that promote the skills, understanding, and perspectives students will need to succeed in a global economy and become productive, contributing members of society.

values Belief in the boundless potential of young people.

Commitment to the principles of market-based economics and entrepreneurship.

Passion for what we do and honesty, integrity, and excellence in how we do it.

Respect for the talents, creativity, perspectives, and backgrounds of all individuals.

Belief in the power of partnership and collaboration.

Conviction in the educational and motivational impact of relevant, hands-on learning.

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Annual Report 2007 • 2008

Table of Contents Message from the Chair and President & CEO........ 3 JA: Bridging the Talent Gap............................................. 4 Mentoring the Next Generation.................................. 5 Student Reach................................................................... 6 School District Map......................................................... 7 Powerful Partnerships..................................................... 8 Linking Business and Education.................................... 9 Community Champions................................................10 Above and Beyond.........................................................11 Setting the Stage for Aspiring Youth...........................12 Measuring our Success..................................................13 Partners Help JA Succeed............................................14 Reaching More Diverse Student Audiences.............15 Participating Schools and Districts.............................16 Our Dedicated Donors................................................19 Balance Sheet..................................................................22 Statement of Operations..............................................23 Board of Directors and Committees........................24 Regional Committees....................................................25 Business Laureates of British Columbia....................26 Staff Listing.......................................................................27

message from

the Chair and President & CEO With the emerging labour shortage and talent gap affecting British Columbia, the role of Junior Achievement (JA) has never been more critical. Our hands-on business education programs and open dialogue with students are creating the experienced workforce required by today’s employers.

In response to these labour issues, Junior Achievement of British Columbia (JABC) embarked on tremendous strategic growth this past year. We have expanded our reach into eight new school districts and developed a number of new delivery partnerships throughout BC. The hiring of new staff in the Fraser Valley and Nanaimo increased our visibility in those regions and helped develop new volunteer and funding resources.

JABC has continued to build upon and forge strong relationships with the business community. Earlier this year the Board of Directors formed a fundraising committee to develop a major gift campaign – an initiative vital to our long term success and sustainability. We introduced our new screening protocol for volunteers and invested more time in recruitment and recognition. In May 2008 we celebrated the third annual Business Laureates of British Columbia Hall of Fame. Thanks to the commitment of the Hall of Fame Cabinet we have created a stronger link between the Laureates and the JA students, who aspire to follow in their footsteps.

Year after year, many of the young people who participate in our programs go on to win awards, to pursue post-secondary education, and to become successful entrepreneurs or small business owners.

JABC has an important responsibility to engage more young people and prepare them for the future. Together we can provide youth with the passion to be innovative members of our communities and the next generation of leaders in British Columbia.

Brian Phillips Chair, Board of Directors

Jan Bell-Irving President & CEO

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JA: Bridging the Talent Gap The most important corporate resource over the next 20 years will be talent: smart, sophisticated business people who are technologically literate, globally astute, and operationally agile.

A Prosperous Community Starts with Today’s Youth British Columbia is experiencing a labour shortage, but more critical is the talent gap among most students leaving high school. More and more young people are entering the workforce and expected to fulfill roles without the skills or knowledge of basic business.

For over fifty years, Junior Achievement of British Columbia (JABC) has been fulfilling a vital role in the education of BC’s youth and in the development and prosperity of our economy.

There are few objectives more critical and practical in the school curriculum than teaching young people about how business operates and the necessary role it plays in the global economy, inspiring young minds to seek out more information and consider a career in business.

JABC provides this opportunity.

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Annual Report 2007 • 2008

Mentoring the Next Generation “If we want to compete in the global marketplace we need to prepare our young people for the future. It is more important than ever that we, as business leaders, act as role models for the next generation and provide them with the knowledge and experience to succeed.”

-Business Laureate Jim Pattison, O.C., O.B.C., President, Managing Director, CEO & Chairman, The Jim Pattison Group

“The talent shortage is not only affecting BC, but the entire country. It is a natural process to steward young people so they can move up the corporate ladder, but the process is much more complicated than it was many years ago. We are a technology based society and business is moving very quickly. We need young people entering the workforce to be prepared before they walk though those doors.

We can all do our part to ensure the students have the skills to take over as our business leaders. Every young person should have the opportunity to pursue a career in business and be encouraged to explore the benefits that it provides.”

-Business Laureate Joseph Segal, C.M., O.B.C., C.B.H.F., O.ST.J., LL.D. (HON), President, Kingswood Capital Corporation

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Student Reach 1066 classes 28, 500 students Junior Achievement recognizes the importance of being a leader in developing relevant programs educators can draw-upon to support and enhance classroom curriculum delivery.

We offer free-of-charge learning experiences that teach leadership, financial literacy and numeracy, citizenship, entrepreneurship, critical thinking and communication skills.

1955

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Elementary School (Grades 3-7) Business Basics Series

368 classes

Middle School (Grades 8-10) Economics of Staying in School Dollars with Sense Investment Strategies Program

446 classes 77 classes 66 classes

Secondary School (Grades 11-12) Company Program – A Student Venture In-School After-School JA Titan Business Game

33 classes 8 classes 68 classes

2007

2008

2018

8 Kootenay Lake 10 Arrow Lakes 19 Revelstoke 20 Kootenay-Columbia 92 82 22 Vernon 23 Central Okanagan 27 Cariboo - Chilcotin 28 Quesnel 33 Chilliwack 54 34 Abbotsford 35 Langley 52Surrey 36 37 Delta 38 Richmond 39 Vancouver 40 New Westminster 41 Burnaby 42 Maple Ridge-Pitt 68 Meadows 43 Coquitlam 44 North Vancouver 45 West Vancouver 46 Sunshine Coast 49 47 Powell River 48 Howe Sound 49 Central Coast 50 Haida Qwaii/Queen Charlotte 79 51 Boundary

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British School SchoolColumbia Districts we ReachDistricts 87

50 60

51 Boundary 5 Southeast Kootenay 52 Prince Rupert Similkameen Prince Rupert 20 Kootenay-Columbia53 Okanagan52 54 Bulkley Valley 53 Okanagan 22 Vernon 57 Prince George 58 Nicola - Similkameen Similkameen 23 Central Okanagan 59 Peace River South 60 Peace River 54North Bulkley Valley 59 28 Quesnel 61 Greater Victoria 64 62 Sooke 57 Prince George 33 Chilliwack 85 63 Saanich 72 58 Nicola Similkameen 34 Abbotsford 64 Gulf Islands 67 Okanagan91 Skaha 61 Greater Victoria 35 Langley 68 Nanaimo-Ladysmith 54 85 69 Qualicum 62 Sooke 48 36 Surrey 57 72 70 Alberni 6347 71 Comox Valley 63 Saanich 37 Delta 84 46 72 Campbell River 71 62 6867 Okanagan Skaha 38 Richmond 73 Kamloops/Thompson 6961 74 Gold Trail 70 39 Vancouver 28 75 Mission 68 Nanaimo-Ladysmith 68 78 Fraser Cascade Qualicum 40 New Westminster 79 Cowichan 69 79 Valley 62 81 Fort Nelson71 Comox Valley 41 Burnaby 82 Coast 49 Mountains Kamloops/Thompson 42 Maple Ridge83 Okanagan 73 - Shuswap 64 79 84 Vancouver Island West 27 Gold Pitt Meadows 73 85 Vancouver74 Island NorthTrail 19 87 Stikine 79 Cowichan Valley 43 Coquitlam 6 91 Nechako 85 Lakes 83 72

44 North Vancouver 92 Nisga'a 8572Vancouver Island Source: 74 48 North 45 West Vancouver BC 63 22 S TATS 10 85 46 Sunshine Coast 47 48 72 62 23 8 5 47 47 Powell River 58 61 84 46

5 Southeast Kootenay 6 Rocky Mountain 8 Kootenay Lake 10 Arrow Lakes 19 Revelstoke 20 Kootenay-Columbia 22 Vernon 23 Central Okanagan 27 Cariboo - Chilcotin 92 82 28 Quesnel 33 Chilliwack 34 Abbotsford 35 Langley 36 Surrey 37 Delta 52 38 Richmond 39 Vancouver 50 40 New Westminster 41 Burnaby 42 Maple Ridge-Pitt Meadows 43 Coquitlam 44 North Vancouver 45 West Vancouver 46 Sunshine Coast 47 Powell River 48 Howe Sound 49 Central Coast 50 Haida Qwaii/Queen Charlotte 51 Boundary

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Source: BC S TATS

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54 Bulkley Valley 57 Prince George 58 Nicola - Similkameen 59 Peace River South 60 Peace River North 61 Greater Victoria 62 Sooke 63 Saanich 91 64 Gulf Islands 67 Okanagan Skaha 68 Nanaimo-Ladysmith 69 Qualicum 70 Alberni 71 Comox Valley 72 Campbell River 73 Kamloops/Thompson 74 Gold Trail 28 75 Mission 78 Fraser - Cascade 79 Cowichan Valley 81 Fort Nelson 82 Coast Mountains 83 Okanagan - Shuswap 84 Vancouver Island 27 West 85 Vancouver Island North 87 Stikine 91 Nechako Lakes 92 Nisga'a

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Powerful Partnerships In 2006, JABC received a two million dollar grant from the Ministry of Small Business and Revenue and the Ministry of Education. Their investment has enabled us to address the current talent and skills gap and expand our student reach throughout the province. The Provincial Government is a strong advocate of Junior Achievement and recognizes the benefits our business education programs provide to aspiring youth.

Western Economic Diversification Canada also sees Junior Achievement as part of the solution to the skills gap and is currently supporting our efforts to better market our programs and increase Alumni involvement. Through their investment, the Federal Government is nurturing and inspiring the next generation of business leaders.

We are very grateful for these partnerships and the powerful contribution they are making to ensure sustainability for future business in British Columbia.

- JA students meet Premier Campbell at the Business Laureates of BC Gala Dinner in May, 2008 “We want more students to have basic business and financial skills, and these school programs will give young people the knowledge and confidence they need to thrive in our fast paced world. Junior Achievement’s programs will help train and inspire new generations of entrepreneurs, innovators and business leaders.�

-The Honourable Gordon Campbell, Premier, British Columbia

Linking Business and Education Educators are important partners in bringing JA’s business education programs to students across BC. It is individual teachers who invite JA programs and volunteers into their classrooms and provide the foundation for every successful JA experience.

In early 2008, JABC asked a group of teachers experienced in hosting JA programs to help us identify the matches between our programs and Ministry of Education Curriculum. We will use this work to promote our programs to educators at all levels, by demonstrating the Learning Outcomes that JA programs can help teachers achieve.

“The children have really enjoyed everything that they have done so far. The presenters have been fabulous and they really understood our kids and their limitations.

-Cheryl Evans, Business Basics Grade five host teacher, Discover School, Victoria BC “I am so impressed with Junior Achievement and what it offers to interested students. Several of my students have continued to work with JA after graduation and I have witnessed the confidence, growth, and wonderful employment opportunities that have resulted.”

- Donna Parkinson, business teacher at Mount Doug Secondary School in Victoria, pictured (left) with her students who took home the 2008 CIBC Student Venture of the Year Award.

-Jacqueline Rein, Company Program host teacher, Semiamhoo Secondary School , South Surrey BC

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Community Champions This year 950 volunteers brought the JA experience to life in classrooms across BC. Thanks to their passion for business and contribution of time, we can ensure BC builds a solid foundation for its future economic prosperity.

Our volunteers come from a variety of sources. Many companies that financially support JA also encourage their employees to volunteer. Service clubs and associations rally to volunteer at schools in their communities, and corporations encourage their employees to volunteer during business hours.

Volunteer Contributors Champions (25+ volunteers) *BMO Financial Group *CIBC *HSBC Bank Canada *RBC Royal Bank *Rotary International

District 5040 & 5050 Partner (10-24 volunteers) *Accenture *BC Hydro British Columbia Securities Commission *Coast Capital Savings Credit Union *Interior Savings Credit Union Investors Group Inc. *Scotiabank Group Staples Business Depot *TD Bank Financial Group *TELUS Corporation *Companies also contributed financially to Junior Achievement of British Columbia in 2007-2008

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Annual Report 2007 • 2008

- Rebecca Jones, Branch Manager with BMO Bank of Montreal, teaching the Economics of Staying in School Program

Above and Beyond These days Santhy Yeager usually refers to herself as a volunteer, and rightfully so. Over the past year this retired banker has volunteered with Junior Achievement in 15 classes within the Okanagan region. Santhy’s in-class programs included Business Basics, Economics of Staying in School, and Dollars with Sense.

Her involvement didn’t end there. Santhy also took the time to create a DVD of her students in action and presented it at a Rotary Club meeting last spring. Her enthusiasm and passion for Junior Achievement resulted in at $1000 donation from the Kelowna Sunrise Rotary Club.

- Santhy Yeager explains the basics of business to a grade five student If our sense of connection to each other is reflected through volunteerism, then RBC Financial Group is truly connected to JABC. On November 14, 2007, 24 senior staff from RBC Financial Group came together to share their knowledge and skills with nearly two hundred Grade ten students from around Greater Victoria. Students gathered at the University of Victoria to take part in JA’s Economics of Staying in School program, presented as a one day special event.

The team of RBC volunteers spent the full day working with students to help them better understand personal finances, budgeting, employment opportunities, and matching lifestyle choices to earning ability.

- In preparation for delivering Economics of Staying in School, RBC staff participate in an orientation session

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Setting the Stage for Aspiring Youth Established by Junior Achievement of British Columbia in 2006, the Business Laureates of BC Hall of Fame celebrates the lifetime achievements of the province’s most distinguished business leaders and sets the stage for aspiring youth to begin their journey to the top. In June, we launched the traveling Hall of Fame Kiosk, highlighting Laureates who have been inducted to date. The Kiosk will spend the next three years traveling throughout BC before it makes its permanent home in Vancouver.

On Thursday, May 8, 2008 we recognized three exemplary Laureates at the third annual Gala Dinner & Induction Ceremonies.

Chester A. Johnson, C.M., O.B.C., B.Comm., F.C.A. Founder, Whonnock Industries

Tong Louie, 1914-1998 C.M., O.B.C., B.S.A., LL.D. Former Chairman and CEO, H.Y. Louie Co. Limited

View their biographical profiles at www.businesslaureatesbc.org

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Annual Report 2007 • 2008

William L. Sauder (Bill) 1926-2007 O.C., O.B.C., B.Comm., LL.D. Chairman, International Forest Products, Sauder Industries

Measuring our Success Simon Hartwell from Fraser Valley Distance Education School in Surrey addressed over 200 guests at this years Celebrate JA! event in Vancouver. Simon’s initiative and eagerness as Executive Vice President of the After-School Company “Environmental Innovations” earned him the prestigious McDonald’s Award for Excellence & Leadership. Not only did Simon’s overall leadership skills gain him recognition among his peers, but he was also given the opportunity to represent British Columbia at Junior Achievement of Canada’s International Student Conference (CANJAC) in August 2008. The student venture Simon participated in was sponsored and supported by the Surrey Board of Trade, and also involved over 20 students from the community.

JA Programs Make a Difference

• 82% of all JA students surveyed said JA programs gave them new ideas about their future

• 95% of elementary school students surveyed said they learned something new about business

• 87% of middle school students surveyed said

they were more likely to finish high school, as a result of the program

• 86% of high school students surveyed said if

they were to walk into a new job tomorrow, they would succeed.

Taken from a 2008 survey of 1000 JA student participants in British Columbia.

-Student, Simon Hartwell, addresses the audience at Celebrate JA!

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Partners Help JA Succeed In 2007-08, JABC made special connections with a number of community organizations whose own missions aligned closely with ours. Some of these mutually beneficial relationships have developed into delivery partnerships, whereby the community organization helps us coordinate programs in locations that are geographically distant – places our staff can’t otherwise reach. Our current delivery partnerships with Community Futures in the Sunshine Coast, Community Futures in Prince Rupert , and Kiwanis Enterprise Centre in Dawson Creek have enabled us to bring the JA experience to many new groups of students in schools that have never had access to JA programs before.

Kamloops in the Spotlight Early in 2008, Junior Achievement was given the opportunity to participate in a public service announcement featuring grade five students from Kamloops Christian School. Thanks to a partnership with Community Futures Thompson Country, the PSA was aired on CFJC-TV Channel 10 the first weekend in March. The students, who participated in JA’s Business Basics: Our Business World program were very candid in front of the camera when asked about their experiences. “I loved learning about how business works because it is so much fun.” said Ben. Stacy Overby, a volunteer from Community Futures, who taught the program said, “The students were absolutely inspiring. It was entrepreneurialism at its best and it was very rewarding to see.”

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Annual Report 2007 • 2008

Reaching More Diverse Student Audiences JABC’s mandate is to serve a diverse range of students, reflecting the diversity of British Columbia itself. JA delivers programs in urban and rural locations, corporate and small business- based communities, to a wide range of student audiences from First Nations to new immigrants and Youth-at-Risk. Our Prince George region has made particular progress in reaching Youth-at-Risk, by partnering with like-minded community organizations. Our partners in the North include Intersect Youth and Family Services, an accredited non-profit society providing voluntary counselling for youth under 18, and Future Cents, a program designed to help young people overcome multiple barriers. Both of these organizations offer full-time classes with teachers who rely heavily on their communities to contribute to the welfare of their youth, and both have welcomed JA programs in the last year. With the assistance of local role models, JA is helping more vulnerable students imagine themselves as successful adults, and smoothing their transition to the world of work.

JA Alumni Association Since 1955 over a quarter of a million students have participated in Junior Achievement of British Columbia. Today we hear from our alumni on a regular basis, from all over the world. The memories and experiences they share capture the very best of Junior Achievement’s exciting record of success. In 2007-2008 we launched the JA Alumni Association and developed new strategies to engage our past Achievers.

Are you an Achiever who participated in JA programs? Please contact us so we can keep you informed of upcoming projects and events. Visit www.jabc.org

Insert Picture

- JA Alumni Cheryl Nakamoto (left) and Mahfuzur Rahman speak to JA donors, volunteers and students in June 2008

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Participating Schools and Districts We applaud the following participating schools that make the Junior Achievement experience possible for youth in BC. SD#5 Southeast Kootenay Mount Baker Secondary

SD#20 KootenayColumbia J Lloyd Crowe Secondary

SD#22 Vernon Kidston Elementary Okanagan Landing

Elementary Silver Star

Elementary Vernon Secondary W L Seaton

Secondary

SD#23 Central Okanagan Anne McClymont Elementary Bankhead Elementary Chief Tomat Elementary Constable Neil Bruce Middle School Dr. Knox Middle School Ellison Elementary School

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George Elliot Secondary George Pringle Elementary Glenrosa Middle School Immaculata Regional High School Kelowna Senior Secondary KLO Middle School Mount Boucherie Secondary North Glenmore Elementary Okanagan Mission Secondary Okanagan Montessori Elementary &

Preschool Rutland Middle School Shannon Lake Elementary South Kelowna Elementary Springvalley Elementary Springvalley Middle School Watson Road Elementary

Annual Report 2007 • 2008

SD#28 Quesnel Quesnel Secondary School

SD#33 Chilliwack McCammon Elementary Strathcona Elementary Unsworth Elementary Watson Elementary

SD#34 Abbotsford Abbotsford Christian School Auguston Traditional Elementary Barrowtown Elementary Blue Jay Elementary Dr. Thomas A Swift Elementary Harry Sayers Elementary King Traditional School McMillan Elementary Mountain Elementary Robert Bateman Secondary Terry Fox Elementary W J Mouat Secondary

SD#35 Langley

Blacklock Fine Arts Elementary Langley Education Centre North Otter Elementary Walnut Grove Secondary

SD#36 Surrey A H P Matthew Elementary A J McLellan Elementary Beaver Creek Elementary Boundary Park Elementary Clayton Heights Secondary School Coast Meridian Elementary Coyote Creek Elementary Erma Stephenson Elementary Fleetwood Park Secondary Fraser Heights Secondary

Fraser Wood Elementary Frost Road Elementary

Immaculate Conception School North Delta Secondary

Guildford Park Secondary Holy Cross Regional High School Jessie Lee Elementary Johnston Heights Secondary L A Matheson Secondary Morgan Elementary North Ridge Elementary School Queen Elizabeth Secondary Semiahmoo Secondary Sullivan Heights Secondary Surrey Centre Elementary Walnut Road Elementary William Watson Elementary Zion Lutheran

Pinewood Elementary School Seaquam Secondary Southpointe Academy Sunshine Hills Elementary

SD#37 Delta Delview Secondary Gibson Elementary

SD#38 Richmond Archibald Blair Elementary J N Burnett Secondary R C Palmer Secondary Richmond Secondary Tomekichi Homma Elementary Westwind Elementary

SD#39 Vancouver Britannia Secondary Champlain Heights Community Elementary David Thompson Secondary Dr R E McKechnie Elementary Dr. George M Weir Elementary

Participating Schools and Districts Foundation Alternate School G T Cunningham Elementary General Brock Elementary General Gordon Elementary School Henry Hudson Elementary John Oliver Secondary Kerrisdale Elementary Killarney Secondary Lord Beaconsfield Elementary Lord Nelson Elementary Magee Secondary Point Grey Secondary Prince of Wales Secondary Queen Victoria Annex Renfrew Community Elementary Sexsmith J W Elementary Sir Charles Tupper Secondary Sir James Douglas Elementary Sir Winston Churchill Secondary St. John’s School Street Front Alternative Program

Take A Hike Program Templeton Secondary University Hill Elementary School University Hill Secondary Vancouver Christian West Point Grey Academy Windermere Community Secondary

SD#40 New Westminster Herbert Spencer Elementary Lord Kelvin Elementary New Westminster Secondary

SD#41 Burnaby Aubrey Elementary Burnaby Central Secondary Burnaby North Secondary Burnaby South Secondary Cariboo Hill Secondary Clinton Elementary Forest Grove Elementary Gilmore Community Elementary Kitchener Elementary

Lakeview Elementary Montecito Elementary Moscrop Secondary Parkcrest Elementary

SD#42 Maple Ridge-Pitt Meadows Alexander Robinson Elementary Blue Mountain Elementary Edith McDermott Elementary Garibaldi Secondary Hammond Elementary Laity View Elementary

SD#43 Coquitlam Baker Drive Elementary Como Lake Middle School Coquitlam Alternate Basic Education Gleneagle Secondary School Hampton Park Elementary Heritage Mountain Elementary Lord Baden-Powell Elementary Maple Creek Middle School Moody Middle School

Mundy Road Elementary Panorama Heights Elementary Parkland Elementary Pinetree Secondary School Port Moody Secondary R C Macdonald Elementary Ranch Park Elementary Riverside Secondary Rochester Elementary Terry Fox Secondary

SD#44 North Vancouver Argyle Secondary Bodwell High School Boundary Community Elementary Capilano Elementary Cleveland Elementary Dorothy Lynas Elementary Fromme Elementary Handsworth Secondary School Highlands Elementary Keith Lynn Alternative Secondary School Lynn Valley Elementary Lynnmour Community School Montroyal Elementary

Norgate Community Elementary Queensbury Elementary Ridgeway Elementary

SD#51 Boundary

Sherwood Park Elementary Westview Elementary Windsor Secondary

Prince Rupert Secondary

SD#45 West Vancouver Collingwood School Horseshoe Bay Christian School Mulgrave School Rockridge Secondary Sentinel Secondary West Vancouver Secondary

SD#46 Sunshine Coast Chatelech Secondary Pender Harbour Secondary Sunshine Coast Alternative School

SD#47 Powell River Edgehill Elementary

Big White Community School

SD#52 Prince Rupert

#53 Okanagan Similkameen Osoyoos Secondary Similkameen Elementary & Secondary

SD#54 Bulkley Valley Houston Christian School

SD#57 Prince George Blackburn Elementary College Heights Elementary College Heights Secondary D P Todd Secondary Duchess Park Secondary Future Cents Harwin Elementary Heritage Elementary

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Participating Schools and Districts Intersect Youth and Family Services Society Kelly Road Secondary Lakewood Jr Secondary Prince George Secondary School Westwood Elementary School

Oak Bay Secondary Pacific Christian School Pembroke Street School Reynolds Secondary Rogers Elementary Shoreline Community School Sir James Douglas Elementary

SD#58 Nicola Similkameen

Songhees First Nations Band Council Spectrum Community St. Margaret’s St. Michael’s University School Strawberry Vale Elementary Tillicum Community School Torquay Elementary View Royal Elementary

Merritt Secondary Nicola Canford Elementary Princeton Secondary

SD#61 Greater Victoria Arbutus Middle School Cedar Hill Middle School Central Middle School Cloverdale Elementary Discovery School Esquimalt High School Glanford Middle School Gordon Head Middle Hillcrest Elementary Lambrick Park Secondary Margaret Jenkins Elementary Marigold Elementary Mount Douglas Secondary

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SD#62 Sooke Belmont Secondary David Cameron Elementary Edward Milne Community School Hans Helgesen Elementary John Stubbs Memorial School Journey Middle School Lester B. Pearson College of the Pacific

Annual Report 2007 • 2008

Lighthouse Christian Academy Saseenos Elementary Westshore Centre for Learning and Training Willway Elementary Wishart Elementary

SD#63 Saanich Bayside Middle School Lauwelnew Tribal School Parkland Secondary School Royal Oak Middle School Stelly’s Secondary School

SD#67 Okanagan Skaha Glenfir Private School McNicoll Park Middle School Penticton Secondary School Princess Margaret Secondary Skaha Lake Middle School Summerland Secondary Uplands Elementary School

SD#68 NanaimoLadysmith Cedar Community Secondary Cilaire Elementary Dover Bay Secondary Nanaimo District Secondary Pleasant Valley Elementary Quarterway Elementary Rock City Elementary Rutherford Elementary

SD#69 Qualicum Oceanside Middle School Parksville Elementary

SD#71 Comox Valley Georges P Vanier Secondary Highland Secondary

SD#73 Kamloops/ Thompson A E Perry Elementary Aberdeen Elementary Arthur Hatton Elementary Arthur Stevenson Elementary Barriere Elementary Barriere Secondary

Beattie School of the Arts Brocklehurst Secondary Chase Secondary David Thompson Elementary John Tod Elementary School Kamloops Christian School Kay Bingham Elementary Lloyd George Elementary Logan Lake Secondary Marion Schilling Elementary McGowan Park Elementary Norkam Secondary Our Lady of Perpetual Help Pacific Way Elementary Parkcrest Elementary School Robert L Clemitson Elementary South Kamloops Secondary St. Ann’s Academy Summit Elementary Valleyview Secondary Westsyde Secondary

SD#74 Gold Trail George M Murray Elementary Lillooet Learning Centre Lillooet Secondary

SD#79 Cowichan Valley Frances Kelsey Secondary

SD#85 Vancouver Island North North Island Secondary Sunset Elementary

Our Dedicated Donors Junior Achievement donors do make a difference! At a cost of $35 per student, their generosity enabled over 28,500 young people the opportunity to participate in our programs. We gratefully acknowledge our corporate, foundation and individual contributors.

Chairman’s Circle - $250,000 and over Lotte & John Hecht Memorial Foundation

President’s Club - $100,000 and over Ministry of Education Ministry of Small Business and Revenue

Major Investors - $50,000 and over HSBC Bank Canada RBC Foundation Western Economic Diversification Canada

Investors - $25,000 and over CIBC Institute of Chartered Accountants of British Columbia Phillips, Hager & North Investment Management Ltd. Scotiabank Group

Senior Partners - $10,000 and over Accenture Austeville Properties Ltd. BC Hydro BMO Bank of Montreal Boston Pizza International Inc. Bull, Housser & Tupper LLP Canaccord Capital Corporation Canadian National Railway Company

Deloitte & Touche LLP Djavad Mowafaghian Foundation Fasken Martineau Finning International Inc. Imperial Oil Foundation Kingswood Capital Corporation KPMG LLP London Drugs Ltd. Moulding and Millwork Oh Boy Productions Saputo Foods Limited TD Canada Trust Teck Cominco Limited Teekay Shipping (Canada) Ltd. The Keg Restaurants Ltd. Vancouver City Savings Credit Union

Partners - $5,000 and over Adera Development Corporation Anthem Properties Group Limited BC Bearing Group BC Lions Football Club Inc. BC Lottery Corporation Bell Canada British Columbia Transmission Corporation CAI Capital Management Co. Capilano Suspension Bridge Coast Capital Savings Credit Union Colliers International

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Donor Listing Cushman & Wakefield LePage Farris, Vaughan, Wills & Murphy FDC Brands GE Great-West Life Assurance Company Hewitt Associates Imperial Parking Canada Corporation International Forest Products Limited Kains & Strongman Properties Ltd. Park Lane Homes Ltd. Pedersen’s Party Rentals Ltd. PricewaterhouseCoopers LLP Prospero International Realty Inc. Spectra Energy Corp.

TELUS Victoria Community Board UBC - Sauder School of Business University of Victoria Vancouver International Airport Authority Victoria Foundation Wales McLelland Construction Westbank Projects Corporation

Entrepreneurs - $1000 and over Alaska Trading Inc. Andersen, Keith Barker, Frank B. Brownridge and Company Inc. Benson Salloum Watts LLP Canada Bread Company Ltd. Central Okanagan Foundation Curry, Tim ELM Foundation Foxhill Incorporated Gore Mutual Insurance Company Foundation Gould, Don Hewlett-Packard (Canada) Co.

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Annual Report 2007 • 2008

IBM Canada Ltd. Interior Savings Credit Union Johnson, Chester A. Kal Tire Kamloops Foundation Kelowna Flightcraft Legacies of Wealth Fund Lewis, Bert Lignum Investments Ltd. MacDonald Dettwiler & Associates Ltd. Manning, Tim F. Marin Investments Limited McDonald’s Restaurants of Canada Ltd. McIntosh Properties Ltd. MDS Metro Laboratory Services Northern Construction Specialties Ltd. Northern Hardware & Furniture Co. Ltd. Onni Property Management Services Ltd. PCL Constructors Westcoast Inc. Phillips, Brian Pullmaster Winch Corporation Ray & Berndtson/Tanton Mitchell Richmond Sunrise Rotary - Foundation The Rix Family Foundation Rotary Club of Kelowna Sunrise Rotary Club of Prince George Rotary Club of Surrey Rustad, Jim ScotiaMcLeod Inc. Scott Construction Ltd. Venco Products Ltd. Wickstrom, Darrell J.

Shareholders- up to $999 1111 Melville Ltd. Partnership A.B.C. Recycling Ltd. Abbotsford Chrysler Ltd. Acres Pacific Properties Ltd. AGF Funds Inc. Allstar Holdings Incorporated Along Holdings Inc. Bell-Irving, D.H. Bell-Irving, Jan Benham, Brenda Blackwood Building Centre Ltd. Brink, Barbara Burrard Imports Ltd. Canaan Transport Group Inc. Canadian Process & Control Ltd. Charania, Haji Chatelech Parent Advisory Coast Mountain Group Comet Strip Enterprises Ltd. Curtis Tire Service Ltd. Dent, Diane Dr. James L. Armstrong Inc. E.R. Probyn Ltd. Ferris, Thomas Fichtner, Ron & Deb Focus Corporation Fraser Valley Farms Ltd. Garnett Capital Corporation General Glass Industries Ltd. Giroday Sawmills Limited GL Distribution Ltd. Global Metals Trading Ltd. Heaney, Kevin

Donor Listing Heartwood Manufacturing Ltd. Hitfar Concepts Ltd. Hooker Craig Lum Garnett Real Estate Advisers Ltd. Hourston, Lois Hyatt Regency Vancouver International Web Express Island Savings Credit Union Kadlec, Robert E. Kingston Construction Ltd. KTL Transport Inc. Kwong Lee Farms L West Trading Inc. Lalli, Amrit Lampert, Jerry LaRocque, Darci R. Larson, Linda Lau, Kwan Sheung Lepik Construction Ltd. Li, Francis Linex Industries Ltd. Lo & Lau Enterprises Ltd. M. McEachern & Associates Ltd. MacKay LLP Martin Johnson Law Corporation Massey, Kathleen R. McIntosh, Glen Mercury Launch & Tug Ltd. Mid Island Consumer Services Co-Operative Moretto, Michael Multi Point Enterprises Ltd. NDL Industries Inc. No. 310 Cathedral Ventures Ltd. Norco Products Ltd. Norjay Services Ltd. North American Tungsten Corporation Ltd.

Northwest Plastics Ltd. P M Bull & Company Ltd. Polar Industries Ltd. R.J. Cooper Construction Ltd. Rotary Club of Gibsons Rotary Club of Sechelt Rotary Club of Sunshine Coast - Sechelt Santoro, Alix Sashikata, Anne Scotia Private Client Group Total Sevew Consultants Ltd. Stewart, Gayle Suffron, Kelly L. Tome, John B. Tong, Peter Tower, Anne Trail Bay Hardware Ltd. Twin Brook Developments Ltd. Vector Engineering Services Ltd. W.P.J. McCarthy and Company Ltd. Wakeham, Deborah Western Mortgage Development Corporation Weyerhaeuser Canada Limited Wilson, Steve Wong, Edward Wong, Kenney WorkSafe BC Yvonne Au-Yeung Lam Inc.

Future Shop Fraser Milner Casgrain LLP Global BC Greater Victoria Chamber of Commerce High Point Studio Investors Group Jake Kerr and The Vancouver Canadian Baseball Club Lexmark Canada Ltd. McDonald’s Restaurants, Greater Victoria McKenzie MacCallum Family Private Reserve Mclean, Steve J., Hewlett Packard (Canada) Co Okanagan College, Faculty of Business.

Pinton Forest & Madden Group Inc. The Portables The Province Purdy’s Chocolates Quail’s Gate Estate Winery Reputations Royal BC Museum Thompson River University Thrifty Foods TLD Computers Inc. University of Victoria The Vancouver Sun The White Spot Limited Xerox Canada Ltd.

Gift in Kind A.R.C. Accounts Recovery Corporation BCBusiness Magazine The Fairmont Hotel Vancouver Finning International Inc. Four Points by Sheraton Hotels The Flower Factory

Annual Report 2007 • 2008

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Balance Sheet Statement of Financial Position Year Ended June 30 Assets Current Cash and cash equivalents Investments Interest and other receivables Prepaid expenses Investments Equipment Liabilities Current Accounts payable and accrued liabilities Deferred contributions, externally restricted Current portion of obligation under capital lease Deferred contributions, externally restricted Deferred contributions related to equipment Obligation under capital lease

Net Assets Invested in equipment Unrestricted

2007

2008

$

244,124 708,844 155,272 13,079 1,121,319

$

344,003 666,291 139,902 9,925 1,160,121

1,207,159 79,968

1,585,572 73,346

2,408,446

2,819,039

67,045 450,000 388 517,433

88,315 466,557 2,771 557,643

850,353 67,660 -

1,275,007 57,309 1,199

1,435,446

1,891,158

11,920 961,080 973,000

12,067 915,814 927,881

$ 2,408,446

$ 2,819,039

These summarized financial statements include the records of Junior Achievement of British Columbia only. The complete audited financial statements, reported on by Grant Thornton LLP, Chartered Accounts are available upon request.

22

Annual Report 2007 • 2008

Statement of Operations Statement of Operations Year Ended June 30 2007

2008 Revenue Contributions Government grant Special events Interest Endowment income Amortization of deferred contributions related to equipment

$

753,051 460,285 436,109 54,009 42,067

$

703,896 287,074 521,323 82,121 41,153

24,756

13,267

1,770,277

1,648,834

1,033,046 279,836 237,234 65,167 56,111 44,733 31,856 19,060 18,988 -

785,170 334,144 235,446 61,471 90,011 35,996 19,071 16,629 18,450 1,689

1,786,031

1,598,077

(Deficiency) excess of revenue over expenses before undernoted

(15,754)

50,757

Unrealized gain on investments

60,873

-

Expenses Salaries and benefits Special events Programs Facilities Office National fees Amortization Staff development Accounting and audit Interest on capital lease obligation

Excess of revenue over expenses

$

45,119

$

50,757

Annual Report 2007 • 2008

23

Board of Directors and Committees Thank you to our Board and Committee members, who passionately champion our cause. Your leadership is truly inspirational.

Fundraising Committee

Board of Directors Chair BRIAN PHILLIPS Phillips, Hager & North Investment Management Ltd. BARBARA BRINK Applied Strategies Ltd. ROB DAVIES Xerox Canada Ltd. DIANE DENT Accenture GREG GARNETT Carnett Capital Corporation

LINDA LARSON Small Business Roundtable CAROLE MACFARLANE Vancouver School Board TIM MANNING RBC Royal Bank MICHAEL MORETTO British Columbia Securities Commission

DON GOULD

LOIS NAHIRNEY Western Management Consultants

TRUDY HOFLEY Scotia Private Client Group

DAVID SMITHERS Sierra Systems Consultant Inc.

MILES LAING Mackay LLP

GAYLE STEWART University Of British Columbia

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Annual Report 2007 • 2008

WENDY THORPE HSBC Bank Canada

Chair TIM MANNING RBC Royal Bank

DARRELL J. WICKSTROM Fasken Martineau

DAVID R BAIN Bull, Housser & Tupper LLP

STEVE WILSON Duchess Consulting Services

ROBIN DHIR Twin Brook Developments Ltd. JAY GARNETT The Whitefish Group IAIN JOHNSTONE STUART MCLAUGHLIN Grouse Mountain Resorts Ltd. MARISSA PORATTOCLEGHORN MacDonald Dettwiler & Associates

ALEX READ Make Anything Work Holdings Inc. DAVID THISTLE Colliers International

Regional Committees

Okanagan Committee Chair MILES LAING Mackay LLP

KERRY REMPEL Okanagan College

BRUCE CAMPBELL Raymond James Ltd.

ELISHA RIBEIRO Great West Life Assurance Company

MERYLE CORBETT Kelowna Flightcraft BRENDA GRAZIANO School District #23 (Central Okanagan) LISA L. LAING National Bank Financial NORM METCALF Community Futures Development Corporation JAMIE MORROW Okanagan College MYRNA PARK Max-U.Com Inc.

Vancouver Island Committee

Prince George Committee

Chair GREG GARNETT Garnett Capital Corporation

Chair DON GOULD

MARK DEMEDEIROS Island Savings Credit Union TOM FERRIS School District #61 (Greater Victoria)

LESLIE GILCHRIST Gilchrist Financial Services VALERIE GILES RICHARD A. HOBSON Sun Life Financial

AMRIT LALLI Investors Group

JOHN KASON Global Securities Corporation

JOE POLARD Accounts Recovery Corporation

CHRIS LEAR Council of Forest Industries

JOHN SAUNDERS Madrona Consulting Inc.

SCOTTY RAITT PJSR Consulting

MIKE SHANNON Mike Shannon & Associates

GAIL ROBERTS Kelly Road Secondary School

Annual Report 2007 • 2008

25

Business Laureates of British Columbia Hall of Fame 2008 Gala Dinner and Induction Ceremonies Cabinet Chair JOHN C KERR C.M., O.B.C., LL.D. Lignum Investments Ltd. Vice-Chair BARBARA BRINK C.M., O.B.C. Applied Strategies Inc. In-Coming Chair CONRAD PINETTE Condor Holdings Past-Chair JIM SHEPARD CANFOR

Cabinet Members BOB ACKLES BC Lions Football Club Inc. BRAD BENNETT McIntosh Properties Ltd. KEVIN D BENT The Vancouver Sun/The Province

26

LINDA BILBEN Reputations ROBIN DHIR Twin Brook Developments Ltd. CASEY FORREST Pinton Forrest & Madden DON GOULD REBECCA GRANT University of Victoria WAYNE HATRICK Reputations KELLY HEED Colliers International TRUDY HOFLEY Scotia Private Client Group GEORGE HUNGERFORD O.C. George W. Hungerford Law Corporation

Annual Report 2007 • 2008

JERRY LAMPERT WARD MCALLISTER Ledingam Mcallister Properties SUE PAISH Pharmasave BRIAN PHILLIPS Phillips, Hager & North Investment Management Ltd. BILL WEYMARK JOHN WINTER BC Chamber of Commerce SUSAN YURKOVICH BC Hydro

Staff Listing Staff JAN BELL-IRVING President ANNE TOWER Vice President, Programs ALIX SANTORO Vice President, Development CHRISTOPHER HINDLE Manager, Marketing and Communications GLEN MCINTOSH Manager, Marketing and Communications ANNE SASHIKATA Manager, Community Relations ZAHRA ESMAIL Development Coordinator BARB JONES Program Manager, High School Programs

URSULA KLEIN Marketing Manager, High School Programs IVY CHAN Program Manager, Middle School Program

Kamloops Region GEMMA GOWLING Regional Manager, Kamloops

Vancouver Island Region DEBORAH WAKEHAM Regional Manager, Vancouver Island

JENNY LEARY Program Coordinator, Greater Victoria CHARLAYNE JONES Program Manager, Nanaimo and North Island

Prince George Region JACK HOOPER Program Manager, Prince George

EVAN YANG Program Manager, Elementary School Programs ESTHER LEE Office Manager LINDA WHITEHEAD Administrative Assistant HEATHER SCHELLENBERG Book-keeper

Okanagan Region BETH VEENKAMP Regional Manager, Okanagan DARLENE BRULE Program Manager, Okanagan STEPHANIE MOORE Program Coordinator, Okanagan

Annual Report 2007 • 2008

27

BC Provincial Office Suite 110 – 475 West Georgia Street Vancouver, BC V6B 4M9 Tel: 604-688-3887 Fax: 604-689-5299 Email: info@jabc.org www.jabc.org Charitable Registration # 11897 – 6166 RR0001 Vancouver Island Region Phone: (250) 380-6765 Fax: (250) 474-2767 Okanagan Region Phone: (250) 765-2637 Fax: (250) 765-4155 Kamloops Region Phone: (250) 828-7901 Fax: (250) 828-7905 Prince George Region Phone: (250) 563-3948 Fax: (250) 563-3941

The Junior Achievement name and logo are registered trademarks of Junior Achievement of Canada. Business Basics Series programs, ESIS (Economics of Staying in School), Dollars with Sense, and Company Program – A Student Venture are all trademarks of Junior Achievement of Canada.