JUNIOR ACHIEVEMENT OF BRITISH COLUMBIA
Annual Report 2011 - 12
JABC11/12 WORKREAD INESSENTR EPRENEURS HIPFINANCI ALLITERACY
The JA Worldwide Vision
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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Table of Contents
Message from the Chair and President
3
JA’s Impact
4
Student Reach
5
School Districts We Reach
6
Awards and Scholarships
7
Program Highlights
8
JABC Alumni Network
11
JA Volunteers
12
Business Laureates of BC Hall of Fame
13
Participating Schools and Districts
15
Our Donors
19
Balance Sheet
23
Statement of Operations
24
Board & Cabinet Members
25
Staff Listing
26
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Message from the Chair and President
We are proud of our accomplishments in the past year. Our impact is far-reaching and powerful. Our programs give students courage, leadership and the skills they need to succeed in a global economy. This year we have seen the benefits of our past investments. We strengthened JABC’s capacity and positioned ourselves to be more innovative in every aspect of our business. We are better equipped to solve problems, build partnerships and overcome barriers. This has enabled us to better teach and inspire our students. In turn, we were delighted to see them demonstrate innovation in their projects – their creativity is astounding. On the program delivery front we introduced a number of changes. We relaunched our financial literacy program, Dollars with Sense; introduced an improved version of our high school Company Program; piloted the national Success Skills program; and worked collaboratively with the Southern Alberta charter to rewrite and pilot an enhanced online version of our Investment Strategies Program. JABC strives to reach a diverse student audience. We are proud of our progress, particularly in Aboriginal communities. We also reached homeschool students, rural students, youth at a rehabilitation facility and students in alternative programs. We continue to provide a range of scholarships and awards to include these students. Service to our stakeholders is paramount. Our goal is to provide a customer-friendly and seamless path of communication. Our online registration project is almost complete. This will provide teachers and volunteers a more convenient way to communicate with us, as well as alleviate our administrative workload. Our Board of Directors signed off on a new strategic plan to guide our organization into our next phase of growth. This bold and ambitious vision redefines our standards for excellence. We are excited about the opportunities that lie ahead.
As we do every year, we close with a heartfelt thank you to our teachers, volunteers, donors, Alumni, staff and Board. Thanks to you, JA in Canada creates an annual return to society of $45 for every dollar spent.
Tim Manning
Chair, Board of Directors
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Jan Bell-Irving President & CEO
JA’s Impact
The Statistics According to the Boston Consulting Group’s 2011 pro bono study:
• By helping youth stay in school, encouraging entrepreneurship and teaching financial literacy skills, JA creates an annual return to society of $45 for every dollar spent.
• Over 65% of Achievers indicate that participation in JA programs had a significant impact on staying in high school and enrolling in post secondary education.
• Over 75% of Achievers cite Junior Achievement as having a significant impact in developing their financial literacy and decision making skills.
• Over 75% of Achievers say JA was a critical driver of their work success. The Stories Thank you letter, written to JA volunteer and Alumnus Mandy Chow
Dear Mandy, When Ms. Neville told our class that we were going to do a business course, I thought that it was going to be one of those textbook courses where there is a lot of reading and learning but no doing. Turns out I was completely wrong. So much of the course was about discussing and applying our skills: communication, leadership, problem solving and teamwork. You explained that, for a business to succeed, you have to work together, not against each other. Thank you for volunteering to teach us. I liked how you made it OUR business class, not YOUR business class. I learned business skills but also many other skills that can be transferred to real life. You are an amazing role model! Business Basics – A Business of Our Own student Shaughnessy Elementary, Vancouver
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Student Reach
“I’ve been a JA participant for two years and have met many other Achievers from BC and around the world. JA has definitely made me more confident. As president of my JA company I had to talk to lots of people and initiate conversations. Even if I felt shy or unprepared I could speak to a large audience and deliver the right message, on the spot! I dream of going to university and launching a startup company in the renewable energy industry. I want to do something big…. while giving back.” – Sammi Wu JA Titan and Company Program student from Burnaby North Secondary and winner of the JA Scholarship for Entrepreneurial Studies
1,088 Classes
29,394 students
Elementary School (Grades 5 - 8) Business Basics Series
280 classes
Middle School (Grades 8 - 10) Economics for Success Dollars with Sense Investment Strategies Program
464 classes 132 classes 90 classes
Secondary School (Grades 11 & 12) Company Program In-School After-School JA Titan Business Game
32 classes 8 classes 82 classes
“It’s so cool to learn how to start a business and to keep it going.” – A Business of Our Own student
“I learned a lot about budgeting skills…and how it costs a lot more than we think to live on our own.” – Economics for Success student
“For me, the business world used to be unclear and kind of fuzzy…and really intangible. But through JA I saw what it was all about.” – JA Titan student
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School Districts We Reach 52 Engaged Districts New in 2011-12 6 Rocky Mountain 8 Kootenay Lake 60 Peace River North 5 Southeast Kootenay 20 Kootenay-Columbia 22 Vernon 23 Central Okanagan 27 Cariboo-Chilcotin 28 Quesnel 33 Chilliwack 34 Abbotsford 35 Langley 36 Surrey 37 Delta 38 Richmond 39 Vancouver 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 Sea to Sky
51 Boundary 52 Prince Rupert 53 Okanagan Similkameen 54 Bulkley Valley 57 Prince George 58 Nicola-Similkameen 59 Peace River South 61 Greater Victoria 62 Sooke 63 Saanich 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 75 Mission 78 Fraser-Cascade 79 Cowichan Valley 82 Coast Mountains 83 North Okanagan- Shuswap 85 Vancouver Island North 91 Nechako Lakes 93 Conseil Scolaire Francophone Plus Independent Schools, Homeschooling Groups and First Nations On-Reserve
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Awards and Scholarships
Congratulations to our 2011-12 recipients. The students received their awards at our Celebrate JA! events in June. Dr. Donald Rix ‘Inspiring Business Excellence’ Scholarship Sariah Conor Britannia Community Secondary, Vancouver JA Scholarship for Entrepreneurial Studies Sammi Wu Burnaby North Secondary, Burnaby Sales Leader of the Year Anita Li Britannia Community Secondary, Vancouver Best Financial Report to Shareholders ‘Battery+’ After-School program at PwC, Vancouver Leadership Awards Award for Excellence & Leadership Christina Ma Pinetree Secondary, Coquitlam Leadership Certificates Sally Zhao Britannia Community Secondary, Vancouver Darren Gill Byrne Creek Secondary, Burnaby Next Generation Leaders Forum Awards Presented by The Keg Spirit Foundation Darren Gill Byrne Creek Secondary, Burnaby Peter Lin Burnaby North Secondary, Burnaby Emma Oddleifson G.P. Vanier Secondary, Courtenay Austin Singhera Spectrum Community School, Victoria Tammy Tsui Killarney Secondary, Vancouver Presented by Colliers International Brian Dowds Mount Douglas Secondary, Victoria CIBC Student Company Awards Best Team Spirit and Cooperation ‘iAMtee’ After-School program at Accenture, Vancouver
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Environmental Stewardship ‘TumbleME Mugs’ After-School program at Teekay Shipping (Canada) Ltd., Vancouver Best Sales and Marketing Strategy ‘TumbleME Mugs’ After-School program at Teekay Shipping (Canada) Ltd., Vancouver
Best Creativity & Innovation ‘7 C’s T’s’ Byrne Creek Secondary, Burnaby (Advisors from Deloitte)
Company of the Year ‘Raincouver’ Britannia Community Secondary, Vancouver (Advisors from CIBC, Great-West Life) “We decided our umbrellas would be a celebration of Vancouver’s rainy weather. We sold our entire inventory of 250 umbrellas and donated $500 to C.L.I.C.K. (Contributing to Lives of Inner City Kids) and A Loving Spoonful.”
Program Highlights
BC Business Challenge The 14th annual BC Business Challenge featured 21 student teams from across British Columbia. For the first time the game was an internet-based format, developed by volunteer Game Directors Wayne Chen, a JA Alumnus, and Wesley Luk. Congratulations to our winners in the three categories:
Team ‘UTILITY’ Team ‘BNS’ Team ‘INK Inc.’
Sir Winston Churchill Secondary, Vancouver Burnaby North Secondary, Burnaby Rockridge Secondary, West Vancouver
Thanks to our volunteer Game Directors:
Wayne Chen Jacky Chu Travis Kang Tommy Leung
Alan Lum Eric Lum Dimitrios Paleogiannis Wilfred Sim
Junior Achievers Get Leadership Advice from General Hillier Thirty-five young Achievers met General R.J. Hillier, former Chief of the Defence Staff for the Canadian Forces. This unique forum was held prior to the Business Laureates Hall of Fame Gala. General Hillier had a candid conversation about leadership; students asked him insightful questions and, in return, received good advice. The hour-long forum was facilitated by Cheryl Nakamoto, JA Alumnus and Co-Founder of McNeill Nakamoto Recruitment Group. “General Hillier discussed team building – he shared stories from the army but the message applied to running a business. He also talked about being a leader when facing a negative or tragic situation and dealing with it.” – JA Alumnus “He was a really powerful speaker. I asked him how he is able to present himself in a confident manner. He replied ‘keep practicing’ and confided that he, too, thought public speaking was really hard when he was young.” – JA student
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Program Highlights
Student company ‘Paws it’ at Columneetza Secondary in Williams Lake never met their advisors from Thompson Rivers University (TRU)… at least, not in person. They used Skype to communicate with TRU’s Students In Free Enterprise (SIFE) club in Kamloops, 300 kilometres away. The SIFE members enthusiastically coached the students and built a great relationship over the Internet. ‘Paws it’ sold silicone wristbands in support of the Williams Lake SPCA.
Thanks to the latest camera-related technology, photo booths are making a comeback. A grade 7 class at Waverley Elementary in Vancouver created a photo booth for their Business of Our Own. The sales team showed clients an iPad loaded with a wide selection of background scenes. The clients posed with props and – voila! – saw themselves in a fun fantasy photo. This project also generated zero waste: all photos were emailed to clients.
Port Alberni School District and JABC hosted an Economics for Success event for three hundred grade 9 students. Twenty volunteers from the Chamber of Commerce taught the program and RCMP Corporal Dave Cusson was the keynote speaker. Their message: make smart educational and financial choices to achieve future goals, as well as avoid drugs and alcohol. The students were impressed and grateful that so many of the community’s role models had come together to help them. WORKREADINESSENTREPRENEURSHIPFINANCIALLITERACY
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Program Highlights
How do we reach students who do not attend a regular school? JABC in Victoria partnered with Coast Capital Savings Credit Union to host Dollars with Sense for homeschool students. The workshop was held at Coast Capital’s corporate boardroom; the 12 spots quickly filled up. At the end of the program the kids were overheard saying they were going home to research GIC rates for their savings funds! JABC also delivered programs to homeschool students in Penticton, Kelowna and Kamloops through a new partnership with BC Online Schools. New and improved! JABC partnered with JA Southern Alberta to revamp the popular Investment Strategies Program into a fully online version. It features a newly designed website, YouTube videos and customizable PowerPoint slides for volunteers. The updated ISP reflects today’s investment issues and a broader range of investment options. “Great improvements on the package, [especially] with PowerPoint.” – JA teacher “The videos are excellent, particularly the one in Lesson Three.” – JA volunteer Over its 40-year history more than 3,000 top Achievers have attended the Next Generation Leaders (NGL) Forum, an international business conference for youth hosted by JA Canada. In June, 2012 JABC chose promising young leaders to attend the 2013 forum, thanks to new support from The Keg Spirit Foundation (for five students) and Colliers International (for a Vancouver Island student). Pictured left to right: Austin Singhera, Brian Dowds, Emma Oddleifson, Darren Gill, Tammy Tsui and Peter Lin WORKREADINESSENTREPRENEURSHIPFINANCIALLITERACY
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JABC Alumni Network
Natalie looked for opportunities to build and better utilize JABC’s Alumni Network. She focused on the Ambassador Club; these young Ambassadors were recruited as volunteer spokespeople or greeters at JABC events. An enthusiastic and impressive group, the members were keen to volunteer but needed more clarity on their roles. Natalie also recognized that the current communications strategy could be improved, so she wrote a proposal to form an Ambassador Club Executive to ensure that volunteer requests were distributed and answered quickly, as well as grow the Club. Her proposal was submitted to JABC last spring and will be implemented in 2012 -13. “I believe the Alumni network is a hidden gem of untapped resources. They ‘know’ JA and it’s close to their hearts. By creating opportunities for them to re-engage with and promote JA, they would ignite a groundswell of support for a great organization.” – Natalie Lau JA Alumnus and BBA Candidate, Beedie School of Business, Simon Fraser University “I joined a Sears-sponsored JA company as a grade 10 student in Burnaby over 40 years ago. As the Personnel Manager for ‘Burken Plastics’, I contributed to the success of our company and learned the key components to operating a business. In time, I took some of that learning into my role as a principal, working with the team at our school and supervising a staff of up to 70 full- and part-time employees. Fast forward to 2009: JABC approached our school to offer financial programs. I was delighted to have the opportunity for my students to meet and learn from local businesspeople. We introduced A Business of Our Own in the first year, then added Economics for Success. This year we provided programs for all 600 students with the addition of Dollars with Sense! I’ve come full circle in my own career. I retired as a school principal in August and have launched a consulting business.” – Sandra Sellick JA Alumnus and Retired Principal, Rutland Middle School, Kelowna WORKREADINESSENTREPRENEURSHIPFINANCIALLITERACY
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JA Volunteers: Celebrating their Achievements
JABC pays tribute to more than 800 volunteers who taught, mentored and inspired more than 29,000 students this year. Our volunteers bring their own innovative ideas and experience to create memorable lessons for the participants. We are amazed by their passion and ingenuity which help make our programs a tremendous success. Thank you!
JABC congratulates a Board Member on his recent award: Steve Wilson British Columbia Community Achievement Award 2012 Steve was one of 36 British Columbians recognized in a ceremony at Government House in Victoria. As a Board Member, Past Chair and a constant ambassador for JABC he has significantly enhanced JABC’s governance and financial practices, our reach and our programs.
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Business Laureates of BC Hall of Fame They built. We benefit.
Established by Junior Achievement of British Columbia in 2006, the Business Laureates of British Columbia Hall of Fame (BLBC) 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.
2012 Business Laureates of BC Hall of Fame Inductees
Brian A. Canfield
Dave Ritchie
Chairman of the Board, TELUS Corporation
Co-Founder and Chairman Emeritus, Ritchie Bros. Auctioneers
C.M., O.B.C., D.Tech. (Hon)
Milton K. Wong,
C.M., O.B.C., LL.D. (Hon) (1939 - 2011) Chairman Emeritus, HSBC Global Asset Management (Canada) Ltd.
View their biographical profiles at businesslaureatesbc.org WORKREADINESSENTREPRENEURSHIPFINANCIALLITERACY
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Business Laureates of BC Gala Dinner and Induction Ceremonies May 24, 2012 Presented by:
Inductee Dave Ritchie, Fei Wong (wife of posthumous Inductee Milt Wong), and Inductee Brian Canfield
Gala Co-chairs Terry Lyons and Barbara Brink welcome guest speaker General Hillier
Tim Manning kneels to speak with JABC students Lauren and Hunter from Dorothy Lynas Elementary in North Vancouver
Canadian and BC Laureate Jim Pattison greets Founding Gala Chair Jim Shepard
TELUS President and CEO Darren Entwistle and JABC President Jan Bell-Irving
JABC Chair Tim Manning, The Hon. Kevin Falcon and 2010 Laureate Bob Lee WORKREADINESSENTREPRENEURSHIPFINANCIALLITERACY
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Participating Schools and Districts
“The Company Program has given my students a unique opportunity to apply business skills learned in the classroom to a real-life entrepreneurial setting. Leadership, teamwork, financial management, marketing, information technology, etc. are all reinforced. My students have a much better sense of what it takes to be successful in business after participating in this invaluable program.” – Lee Nipp Teacher, Britannia Community Secondary, Vancouver
#5 Southeast Kootenay
Dorothea Walker Elementary
#28 Quesnel
Guildford Park Secondary
Mount Baker Secondary
Dr. Knox Middle School
Correlieu Secondary
H.T. Thrift Elementary
George Elliot Secondary
Harold Bishop Elementary
#6 Rocky Mountain
George Pringle Elementary
#33 Chilliwack
Holy Cross Regional High School
Selkirk Secondary
Glenrosa Middle School
East Chilliwack Elementary
Janice Churchill Elementary
Immaculata Regional High School
Strathcona Elementary
Jessie Lee Elementary
#8 Kootenay Lake
Kelowna Senior Secondary
Salmo Elementary
KLO Middle School
#34 Abbotsford
Kwantlen Park Secondary
Salmo Secondary
North Glenmore Elementary
Abbotsford Christian School
L.A. Matheson Secondary
Okanagan Mission Secondary
Abbotsford Traditional Middle
North Ridge Elementary
#22 Vernon B.X. Elementary
Okanagan Montessori Elementary & Preschool
Johnston Heights Secondary
School
North Surrey Secondary
Aberdeen Elementary
Princess Margaret Secondary
Clarence Fulton Secondary
Pearson Elementary
McMillan Elementary
Queen Elizabeth Secondary
Mission Hill Elementary
Rose Valley Elementary
Rick Hansen Secondary
Semiahmoo Secondary
Okanagan Landing Elementary
Rutland Middle School
Robert Bateman Secondary
Sullivan Heights Secondary
Vernon Christian School
South Kelowna Elementary
W.J. Mouat Secondary
Surrey Christian School
Vernon Secondary
South Rutland Elementary Springvalley Elementary
#36 Surrey
#37 Delta
#23 Central Okanagan
St. Joseph Elementary
Cambridge Elementary
Annieville Elementary
Bankhead Elementary
Watson Road Elementary
Cloverdale Christian School
Cliff Drive Elementary
Coyote Creek Elementary
Delta Secondary
Earl Marriott Secondary
Gibson Elementary
Erma Stephenson Elementary
North Delta Secondary
Fraser Heights Secondary
Seaquam Secondary
Casorso Elementary Chute Lake Elementary Constable Neil Bruce Middle School
#27 Cariboo-Chilcotin Columneetza Secondary Peter Skene Ogden Secondary Williams Lake Secondary
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Participating Schools and Districts
South Delta Secondary
John Oliver Secondary
Vinery Alternative Program
#44 North Vancouver
Southpointe Academy
Kerrisdale Elementary
Waverley Elementary
Argyle Secondary
Sunshine Hills Elementary
Killarney Secondary
West Point Grey Academy
Blueridge Elementary
King David High School
Westside Preparatory High
Canyon Heights Elementary
#38 Richmond
Laura Secord Elementary
Alfred B. Dixon Elementary
Lord Byng Secondary
#40 New Westminster
Cove Cliff Elementary
Az-Zahraa Islamic Academy
Lord Nelson Elementary
New Westminster Secondary
Dorothy Lynas Elementary
J.N. Burnett Secondary
Lord Strathcona Community
Royal City Alternate Program
Handsworth Secondary
Matthew McNair Secondary
Carson Graham Secondary
Elementary
Keith Lynn Alternative Secondary
R.C. Palmer Secondary
Magee Secondary
#41 Burnaby
Lions Gate Christian Academy
Richmond Secondary
Maple Grove Elementary
Brentwood Park Elementary
Lynn Valley Elementary
Steveston-London Secondary
Notre Dame Regional Secondary
Burnaby Central Secondary
Montroyal Elementary
William Cook Elementary
Our Lady of Perpetual Help
Burnaby North Secondary
Ridgeway Elementary
Byrne Creek Secondary
Seycove Secondary
School #39 Vancouver
Prince of Wales Secondary
Cariboo Hill Secondary
St. Pius X Elementary
Admiral Seymour School
Quilchena Elementary
Marlborough Elementary
Sutherland Secondary
Britannia Elementary
Renfrew Community Elementary
Moscrop Secondary
Westview Elementary
Britannia Secondary
Sexsmith J.W. Elementary
Twelfth Avenue Elementary
Windsor Secondary
Champlain Heights Community
Shaughnessy Elementary
Elementary
Sir James Douglas Elementary
#42 Maple Ridge-Pitt Meadows
#45 West Vancouver
David Oppenheimer Elementary
Sir Sandford Fleming Elementary
Blue Mountain Elementary
Mulgrave School
David Thompson Secondary
Sir William Van Horne Elementary
Hammond Elementary
Rockridge Secondary
Dr. George M. Weir Elementary
Sir Winston Churchill Secondary
Samuel Robertson Technical
West Vancouver Secondary
Edith Cavell Elementary
Spectrum Alternate Program
Elsie Roy Elementary
St. Anthony of Padua School
Eric Hamber Secondary
St. Mary’s Elementary
#43 Coquitlam
Howe Sound Secondary
False Creek Elementary
St. John’s School
Citadel Middle School
Mamquam Elementary
Florence Nightingale Elementary
St. Patrick’s Elementary
Como Lake Middle School
Whistler Secondary
Foundation Alternate School
Take A Hike Program
Coquitlam Alternate Basic
General Brock Elementary
Templeton Secondary
General Gordon Elementary
Thunderbird Elementary
Hampton Park Elementary
General Wolfe Elementary
Tyee Elementary
Maple Creek Middle School
Gladstone Secondary
Vancouver Christian
Minnekhada Middle School
#53 Okanagan Similkameen
Hastings Community Elementary
Vancouver Talmud Torah
Pinetree Secondary
Southern Okanagan Secondary
Henry Hudson Elementary Immaculate Conception School
Elementary Vancouver Technical Secondary
Secondary #48 Sea to Sky
Education
#52 Prince Rupert Charles Hays Secondary
Pitt River Middle School Port Moody Secondary
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Participating Schools and Districts
#54 Bulkley Valley
Mount Douglas Secondary
#63 Saanich
#72 Campbell River
Houston Secondary
Oak and Orca Bioregional School
Bayside Middle School
Oyster River Elementary
Oak Bay High School
Park Secondary
Timberline Secondary
#57 Prince George
Pacific Christian School
Royal Oak Middle School
Blackburn Elementary
Pembroke Street School
Stelly’s Secondary
College Heights Elementary
Reynolds Secondary
College Heights Secondary
Rogers Elementary
#64 Gulf Islands
At Risk Youth Kamloops
College of New Caledonia
Shoreline Community School
Salt Spring Elementary
Barriere Elementary
D.P. Todd Secondary
Spectrum Community School
Duchess Park Secondary
St. Andrew’s Regional High School
#67 Okanagan Skaha
Beattie School of the Arts
Future Cents
St. Margaret’s School
Giant’s Head Elementary
Brocklehurst Middle School
Harwin Elementary
St. Michael’s University School
McNicoll Park Middle School
Clearwater Secondary
Kelly Road Secondary
Strawberry Vale Elementary
Peden Hill Elementary
Torquay Elementary
#68 Nanaimo-Ladysmith
Kamloops Christian School
Pineview Elementary
Victoria High School
Cedar Community Secondary
Kay Bingham Elementary
Prince George Secondary
View Royal Elementary
Chase River Elementary
Lloyd George Elementary
Cinnabar Valley Elementary
Norkam Secondary
#73 Kamloops/Thompson A.E. Perry Elementary
Barriere Secondary
Dallas Elementary
#58 Nicola-Similkameen
#62 Sooke
Hammond Bay Elementary
Pacific Way Elementary
Coquihalla Middle School
Belmont Secondary
Mountain View Elementary
Parkcrest Elementary
Crystal View Elementary
Nanaimo District Elementary
Rayleigh Elementary
#60 Peace River North
Dunsmuir Middle School
Pleasant Valley Elementary
Sa-Hali Secondary
Alwin Holland Elementary
École Poirier Elementary
Rock City Elementary
St. Ann’s Academy
Edward Milne Community School
Rutherford Elementary
Summit Elementary
#61 Greater Victoria
John Stubbs Memorial School
Arbutus Middle School
Journey Middle School
#69 Qualicum
Campus View Elementary
Lakewood Elementary
Kwalikum Secondary
Cedar Hill Middle School
Lighthouse Christian Academy
Qualicum Beach Middle School
Central Middle School
Metchosin Technical Centre
Colquitz Middle School
Millstream Elementary
#70 Alberni
Cayoosh Elementary
Discovery School
Pacific Secondary
Alberni District Secondary
David Stoddart Secondary
Doncaster Elementary
Sangster Elementary
John Paul II Catholic School
Kumsheen Secondary
Eagle View Elementary
Saseenos Elementary
Esquimalt High School
Spencer Middle School
Lambrick Park Secondary
Westshore Centre for Learning
Lansdowne Middle School Margaret Jenkins Elementary
and Training Wishart Elementary
Monterey Middle School WORKREADINESSENTREPRENEURSHIPFINANCIALLITERACY
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Valleyview Secondary Westmount Elementary #74 Gold Trail Cache Creek Elementary
Lillooet Secondary #71 Comox Valley Airport Elementary Arden Elementary École Robb Road George P. Vanier Secondary
#75 Mission Silverdale Elementary
Participating Schools and Districts
#79 Cowichan Valley Cowichan Secondary Frances Kelsey Secondary #85 Vancouver Island North North Island Secondary #91 Nechako Lakes Lakes District Secondary Nechako Valley Secondary
JA Students are Work-Ready! Thanks to a bursary provided by Colliers International in Victoria, Nazif Khedri attended JA’s Next Generation Leaders Forum in August, 2011. He returned from the forum even more inspired and motivated to become a business leader. He volunteered as a JABC spokesperson in Victoria, telling his story to companies, community groups and schools. His presentation astounded the Collier’s executives; they were tremendously pleased that their contribution had such a profound effect. This past summer Nazif landed a paid internship at – where else? – Colliers International.
#93 Conseil Scolaire Francophone L’école Victor Brodeur
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Our Donors
“Our government is pleased to support Junior Achievement of BC with another $1,000,000 grant to continue delivery of programs at the levels reached with previous grants. We believe strongly in the importance of providing BC’s youth with opportunities like Junior Achievement to help increase their understanding of small business, entrepreneurship, and equip them with business skills needed to build workforce capacity.” – Pat Bell Minister of Jobs, Tourism and Innovation Province of British Columbia
Junior Achievement’s funding partners have a lasting impact on BC’s youth. JA programs can only be delivered free to students and schools with the investment of generous donors. Thank you for your support.
Corporate, Foundations, Community and Government
Major Investors
$50,000 - $99,999
The following list represents contributions to JABC made between July 1, 2011 and June 30, 2012. Their generosity allowed more than 29,000 students to participate in our business education programs during the 2011-12 school year. Chairman’s Circle
$250,000 and more
President’s Club
$100,000 - $249,999
Rix Family Foundation
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Investors $25,000 - $49,999 CIBC Institute of Chartered Accountants of British Columbia Teekay Shipping (Canada) Ltd. Senior Partners $10,000 - $24,999 Grant Thornton LLP Accenture Great-West Life Austeville Properties Ltd. Prospera Credit Union BC Hydro Scotiabank Colliers International TD Bank Group Deloitte & Touche Foundation Canada
Our Donors
Partners $5,000 - $9,999 Blakes BMO Bank of Montreal Encana Corporation GE Intergulf Investment Corporation National Money Mart Company WorkSafe BC $1,000 - $4,999 Entrepreneurs City of Langford Connor, Clark & Lunn Financial Group CSI Global Education Inc. Duncan Sabine Collyer Partners LLP ELM Foundation Foxhill Incorporated Kamloops Foundation Legacies of Wealth Fund MacDonald, Dettwiler and Associates Ltd. Marin Investments Limited PricewaterhouseCoopers Canada Foundation Prodigy Group Stern Partners Inc. Strategic Charitable Giving Foundation TWG Canada Vibes Fitness West Vancouver Community Foundation Xerox Canada Ltd. $100 - $999 Shareholders A.B.C. Recycling Ltd. Auld Phillips Ltd. Central Okanagan Foundation Dorigo Systems Ltd. Dr. James L. Armstrong Inc. Fraser Valley Steel & Wire Ltd. Fred Deeley Imports Ltd. Hitfar Concepts Ltd. JN Burnett Secondary Lepik Construction Ltd. Marniz Investments Inc. Mercury Launch & Tug Ltd.
Phil Lehn Kenton Low Carole MacFarlane Tim F. Manning Michael Moretto Coralee Oakes Victoria Pang Rick Peterson John Ross Alix Santoro Linda Sin David Thistle Wendy Thorpe Anne Tower Deborah Wakeham
Norco Products Ltd. Norjay Services Ltd. Northwest Plastics Ltd. Russell Food Equipment Limited Vector Engineering Services Ltd. W.P.J. McCarthy and Company Ltd. Willowbrook Motors Ltd.
Individuals Investors Anonymous
$25,000 - $49,999
Senior Partners Brian Phillips
$10,000 - $24,999
Partners David R. Bain
$5,000 - $9,999
Gift In Kind
Accenture Canada Wide Media Community Futures Thompson Country Compugen Inc. Greater Victoria Chamber of Commerce Kerrisdale Community Centre Steve McLean, Hewlett Packard (Canada) Ltd. Open Box PwC School District #23 SOHO Business Group Surrey Board of Trade Surrey School District Teekay Shipping (Canada) Ltd. Thompson Rivers University Victoria Advanced Technology Council Victoria Executive Centre Xerox Canada Ltd. Xibita
Entrepreneurs $1,000 - $4,999 Janis Hamilton Bert Lewis Dan McLaren Lois Nahirney Darrell J. Wickstrom Shareholders Laura Addinall Siobhan Aspinall Norm Attridge Jan Bell-Irving Brenda Benham Barbara Brink Diane Dent Colin Erb Casey Forrest Lynne Henshaw Jack Hooper Marjan Jamaz Barb Jones G.R. (Gary) Laxon
$100 - $999
“We know that sound financial knowledge leads to sound financial decisions. Helping young people learn and practice key principles related to managing, saving, growing and protecting their money goes a long way in paving the way for future success. Our collaboration with Junior Achievement of BC is a great fit because the Dollars with Sense program is an excellent vehicle for this type of education.” – Wendy Lachance Director of Community Leadership, Coast Capital Savings Credit Union
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Our Donors
Business Laureates of BC Gala Dinner Presenting Sponsors
$30,000
Laureate Champion Sponsor The Jim Pattison Group
$30,000
Laureate Selection Sponsor Pinton Forrest & Madden
$25,000
Speaker Sponsor TELUS
$20,000
Reception Sponsor Seaspan Marine Corporation
$20,000
Production Sponsor Canaccord Financial Inc.
$20,000
Student Sponsor TELUS
$20,000
$10,000 Platinum Sponsors Austeville Properties Ltd. BCLC Blakes Boston Pizza Bull Housser Deans Knight Capital Management Ltd. Deloitte Encana Haywood Securities Inc. The Keg Steakhouse & Bar Kingswood Capital Corporation Ritchie Bros. Auctioneers Concert Properties Ltd. / Scott Construction Group Teck TD Bank Group West Fraser Timber Co. Ltd. Vancouver International Airport Authority $8,000 Gold Sponsors Canfor Corporation CIBC Farris, Vaughan, Wills & Murphy LLP HSBC Bank Canada
Old Auction Enthusiasts PwC Dr. Ken Spencer Wesbild Holdings Ltd. Wilson M. Beck Insurance Services Inc. Silver Sponsors $6,000 Accenture Aga Khan Foundation Canada BCIT Belkorp Industries Inc. Black Press Ltd. BMO Bank of Montreal Capilano Suspension Bridge Park Colliers International Finning International Inc. Impark KPMG McIntosh Properties Peter B. Gustavson School of Business - University of Victoria PharmaCanada Inc. Port Metro Vancouver Raymond James Ltd. RBC Capital Markets RBC Royal Bank Rogers Communications Sauder School of Business, UBC Simon Fraser University Vertex One Asset Management Wesgroup Properties Westbank Projects Corp. Media Sponsors BC Business CBC of British Columbia Times Colonist The Province The Vancouver Sun Production Sponsors Oh Boy Productions Xibita Wine Sponsor Quail’s Gate Okanagan Valley Prize Donors The Fairmont Hotel Vancouver Quail’s Gate Okanagan Valley Gala Donors Mark L. Cullen Nature’s Path Foods Irv Ridd
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Sauder Industries Ltd. Thomas A. Tutsch Gift In Kind Daniel Le Chocolat Belge Tony Parsons Dave Roels Photography Kim Stallknecht Photography TELUS Wrench Creative
Nine young Achievers had the opportunity of a lifetime: to participate in a photo shoot with legendary business icon and Laureate Jim Pattison. The photo shoot was at the Business Laureates of BC Hall of Fame and featured in a six-page supplement, generously provided by The Vancouver Sun. Mr. Pattison chatted with the awestruck students and shared one important piece of advice: “To be REALLY successful, ‘Ya Gotta Wanna’.”
Our Donors
Endowment Donors
Ambassadors
$25,000 and over / 10 + volunteers
Generous Endowment Gifts allow JA students to receive scholarships and awards for outstanding achievements President’s Club $100,000 - $249,999 Rix Family Foundation – Dr. Donald Rix “Inspiring Business Excellence” Scholarship Fund Role Models $10,000 and over / 10 + volunteers Accenture BMO Bank of Montreal Prospera Credit Union Associates 10 + volunteers Interior Savings Credit Union Investors Group Inc. Island Savings Credit Union Odlum Brown Ltd. “During the Gala it was often said that the ageing population need not worry about the future, as it will be in good hands. I’d like to say my generation is lucky to have excellent leaders to look up to and learn from.” – Sariah Conor Company Program student, Britannia Community Secondary, Vancouver and winner of the Dr. Donald Rix ‘Inspiring Business Excellence’ Scholarship
Corporate Champions The Corporate Champions Program acknowledges organizations for their total financial commitment and volunteers during a fiscal year. Heroes
$25,000 and over / 25 + volunteers
Leaders $100,000 and over BC Hydro Bell Canada BMO Bank of Montreal Coast Capital Savings Credit Union Fasken Martineau DuMoulin LLP London Drugs Ltd. Pinton Forrest & Madden RBC Phillips, Hager & North Investment Counsel TD Bank Group Teekay Shipping (Canada) Ltd.
Delivery Partners Special thanks to the following organizations that helped JABC deliver programs in communities where we do not have local staff. Community Futures Peace Laird Community Futures Stuart Nechako Community Futures 16/37 Community Futures Pacific Northwest Community Futures Nadina
Heritage Donors Successful delivery of Junior Achievement’s business education programs would not be possible without continued support from our donors. JABC has established the Heritage Donors Program to recognize cumulative donations since 1999. Founders $1,000,000 and over Lotte & John Hecht Memorial Foundation The Province of British Columbia Pioneers $500,000 and over British Columbia Securities Commission RBC Foundation Visionaries $250,000 and over Austeville Properties Ltd. CIBC Djavad Mowafaghian Foundation HSBC Bank Canada Institute of Chartered Accountants of British Columbia The Rix Family Foundation Scotiabank TELUS Western Economic Diversification Canada
Special Thanks to Accenture Accenture completed an extensive pro bono assessment for JABC to define how to reach Aboriginal students in remote areas through e-learning.
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Balance Sheet
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 Accountants are available upon request.
Statement of Financial Position Year Ended June 30, 2012
Assets Current Cash and cash equivalents Investments Interest and other receivables Prepaid expenses Long term 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 Endowment Unrestricted
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2012
2011
$ 482,556 1,641,586 165,433 3,666 2,293,241
$ 347,689 546,396 146,554 1,985 1,042,624
641,833 31,213
1,243,551 40,313
2,966,287
2,326,488
106,267 382,416 4,230 492,913
86,147 541,207 3,879 631,233
666,668 10,667 4,868
15,000 15,238 9,097
1,175,116
670,568
168,500 1,622,671 1,791,171
137,000 1,518,920 1,655,920
$ 2,966,287
$ 2,326,488
Statement of Operations
Statement of Operations Year Ended June 30, 2012 Revenue Contributions Special events Government grant Interest Endowment income Amortization of deferred contributions related to equipment Expenses Salaries and benefits Special events Programs Special projects Facilities National fees Office Accounting and audit Amortization Staff development Interest on capital lease obligation Other Excess of revenue over expenses before undernoted Unrealized gain (loss) on investments Excess of revenue over expenses
2012
2011
$914,933 772,685 488,142 60,534 28,839 4,571
$783,823 631,576 559,103 70,893 28,174 11,177
2,269,704
2,084,746
1,179,972 294,483 262,459 101,133 95,616 75,931 51,675 24,500 13,428 25,112 945 407
1,094,360 295,496 254,965 99,685 93,625 65,971 48,216 25,250 20,136 9,753 1,267 644
2,125,661 144,043
2,009,368 75,378
(40,292)
3,900
$ 103,751
$ 79,278
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Board & Cabinet Members
Board of Directors Chair TIM MANNING RBC Royal Bank BARBARA BRINK, C.M., O.B.C. Applied Strategies Ltd.
WENDY THORPE HSBC Bank Canada
TRUDY HOFLEY Scotia Private Client Group
DARRELL WICKSTROM Fasken Martineau DuMoulin LLP
GEORGE HUNGERFORD, O.C. George W. Hungerford Law Corporation
DIANE DENT Accenture
Business Laureates of BC Cabinet Members
ROB DUNCAN Duncan Sabine Collyer Partners LLP
Co-Chair BARBARA BRINK, C.M., O.B.C. Applied Strategies Ltd.
COLIN ERB Deloitte CASEY FORREST PFM Executive Search G.R. (GARY) LAXON Scotia Private Client Group PHIL LEHN CIBC KENTON LOW Ritchie Bros. Auctioneers CAROLE MACFARLANE Vancouver School Board DAN MCLAREN Commonwealth Mortgage Corp.
Co-Chair TERRY LYONS EACOM Timber Corporation Past Chair JOHN C. KERR, C.M., O.B.C., LL.D. Lignum Investments Ltd. Past Chair CONRAD PINETTE Condor Holdings Past Chair JAMES SHEPARD Premier’s Office Ex-Officio CASEY FORREST PFM Executive Search
MORAY KEITH Dueck Auto Group LISA KERSHAW Odgers Berndtson G.R. (GARY) LAXON Scotia Private Client Group PHIL LEHN CIBC DALE PARKER Corporate Director JANE PEVERETT Corporate Director, Encana and CIBC JOHN SCOTT Scott Construction Group WILLIAM WESTERINGH Fasken Martineau DuMoulin LLP JOHN WINTER BC Chamber of Commerce
OLIN ANTON Deloitte
Laureate Selection Committee
LOIS NAHIRNEY Teekay Shipping (Canada) Ltd.
KEVIN D. BENT Pacific Newspaper Group & Postmedia Network Inc.
DAVID BLACK Black Press Group Limited
CORALEE OAKES Quesnel & District Chamber of Commerce
PETER BLAKE Ritchie Bros. Auctioneers
MICHAEL MORETTO BC Securities Commission
RICK PETERSON Waterfront Mining Group BRIAN PHILLIPS Retired, RBC Phillips Hager and North Investment Counsel JACAN Board of Directors DEAN SHILLINGTON Knightsbridge Capital Group
HENRY H. KETCHAM III West Fraser Timber Co. Ltd.
ROBIN DHIR Twin Brook Developments Ltd.
ROBERT (BOB) H. LEE, C.M., O.B.C., B.Comm., LL.D. Prospero International Realty Inc.
PAT ELEMANS Peter B. Gustavson School of Business, University of Victoria
NANCY MCKINSTRY ICBC
KELLY HEED Colliers International
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LAWRENCE SAUDER Sauder Industries Ltd.
Staff Listing
Provincial Office JAN BELL-IRVING President CHRISTOPHER HINDLE Manager, Marketing and Communications ESTHER LEE Office Manager HEATHER SCHELLENBERG Bookkeeper
Development ALIX SANTORO Vice President, Development SIOBHAN ASPINALL Sr. Manager, Development LINDA SIN Manager, Development & Events JENNY HIPPEL Special Events Coordinator THERESA FRAZAO Development Assistant
Programs - Lower Mainland Region ANNE TOWER Vice President, Programs and Regional Operations
Okanagan Region BETH VEENKAMP Regional Manager, Okanagan DARLENE BRULE Program Manager, Okanagan
LYNNE HENSHAW Regional Manager, Lower Mainland
Kamloops Region
BARB JONES Program Manager, High School Programs
GEMMA GOWLING Regional Manager, Kamloops
IVY CHAN Program Manager, Middle School Programs
Vancouver Island Region
LAURA ADDINALL Program Manager, Fraser Valley KRISTINA DRIEDGER Program Coordinator TARA CONSUNJI Program Assistant
DEBORAH WAKEHAM Regional Manager, Vancouver Island LINDA CONN Program Coordinator, Greater Victoria CHARLAYNE JONES Program Manager, Central and Upper Vancouver Island
Northern BC Region JACK HOOPER Regional Manager, Northern BC
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Northern BC Region
BUSINESS EDUCATION FOR YOUTH | jabc.org |
The Junior Achievement name and logo are registered trademarks of Junior Achievement of Canada. Business Basics Series programs, Economics for Success, Dollars with Sense, and Company Program are all trademarks of Junior Achievement of Canada.