bcit alumni association annual review financials 2011-12
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BCIT Alumni Association Annual Review Financials 2011-12TRANSCRIPT
BCIT connects.
BCIT Alumni Association Annual Report 2011–12
Annual General Meeting May 16, 2012
2 ANNUAL REPORT 2011–2012 BCIT ALUMNI ASSOCIATION
Treasurer’s Report
Statement of Financial Position as at March 31, 2012
Balance Sheet 2010/2011 2011/2012
ASSETS
Cash on Hand
Petty Cash $ 200 $ 200
General Account 96,553 122,799
Prepaid Expenses 0 7,083
TOTAL ASSETS $ 96,753 $ 130,082
LIABILITIES $ 0 $ 3,295
INTERNALLY RESTRICTED 26,730 25,000
UNRESTRICTED 70,023 101,787
$ 96,753 $ 130,082
1
2
TYLER DAVIS, PRESIDENT GABRIELLO AQUINO, TREASURER
1 Funds collected for BCIT conference and FUSE event. 2 25,000 restricted for Association’s Sustainability Fund.
IN DEMAND, DELIVERING RESULTS bcit.ca/alumni 3
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
Event Revenue (ticket sales, auction proceeds, sponsorship) 129,094 129,667
Reimbursement of Royal Oak Project Donation 50,000 0
Interest 854 1,866
Miscellaneous 0 2,427
TOTAL REVENUE $ 258,510 $ 226,584
EXPENSES
Board of Directors
Board/Committee Meetings (includes AGM) $ 6,573 $ 1,320
Directors and Officers Liability Insurance 950 950
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
Special Events
Distinguished Alumni Awards 3,444 0
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
General and Administrative 3,946 5,330
TOTAL EXPENSES $ 215,702 $ 196,549
SURPLUS/(DEFICIT) $ 42,808 $ 30,035
4 ANNUAL REPORT 2011–2012 BCIT ALUMNI ASSOCIATION
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. 4
IAP Life, CI, OO, LTD and AD & D Insurance policyholders 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 $ 62,323
Industry Networking Events 13,675
BCIT Outstanding Student Leadership Award 5,408
Student and Alumni Events 8,645
Community Events 7,000
TOTAL $ 97,051
Alumni Association Programs, Sponsorships, and Donations
IN DEMAND, DELIVERING RESULTS bcit.ca/alumni 5
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 6,500
TOTAL $ 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 2011Five $608 graduation awards totalling $3,040 (Schools of Business, Computing and Academic Studies, Construction and the Environment, Energy, and Health Sciences).
SEPTEMBER 2011Outstanding Student Leadership Award $5,408
OCTOBER 2011Eleven $3,000 entrance awards totalling $33,000 (Schools of Construction and the Environment, Health Sciences, and Business).
NOVEMBER 2011Five $607 first year awards totalling $3,035 (Schools of Construction and the Environment, Computing and Academic Studies, and Health Sciences).
MARCH 2012Seven bursaries totalling $5,407 (Schools of Business, Computing and Academic Studies, Construction and the Environment, and Health Sciences).
Sharing Knowledge, Sharing Success
6 ANNUAL REPORT 2011–2012 BCIT ALUMNI ASSOCIATION
Sponsors
ANNUAL GENERAL MEETING PRESENTING
The BCIT Alumni Association gratefully acknowledges the support of our sponsors who help us to deliver successful events:
PARTNER
ALUMNI OPEN GOLF TOURNAMENTEmcee: Jay Janower, Global TV, Broadcast and Media Communications–Journalism, DiplT ’93
BREAKFAST SPONSOR › Fasken Martineau DuMoulin LLP
HOLE IN ONE SPONSORS › Dueck Auto Group › Investors Group
HOLE SPONSORS › 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
› 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
TOURNAMENT VIDEO › BCIT Learning and Technology Services
AUCTION PRIZE (VALUED AT $1,000+) › 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
EXCLUSIVE HOLE CART
DISTINGUISHED ALUMNI AWARDSEmcee: Scott Rintoul, Team 1040, Broadcast and Media Communications–Journalism, DiplT ’02
DIAMOND PREMIERE PLATINUM PLATINUM MEDIA
GOLD SILVER › Ashberry & Logan Floral Designers › BCIT Faculty and Staff Association › Coast Mailing Services Ltd. › Leader Manufacturing Inc.
› Stantec Inc. › Vancouver Regional Construction Association
BRONZE › Davis LLP › The Vancouver Sun
SUPPORTER › Media FX Group › Woodhouse & Associates Inc.
IN DEMAND, DELIVERING RESULTS bcit.ca/alumni 7
Alumni Association Board of Directors (2011–2012)
Directors
Association Executive
Adam G. Pion, Financial Management ’94 (Past President)
Steve Bains, Building Technology ’98
Julia Cameron, Marketing Management ’08
Brent Charleton, Marketing Management ’10
Anthony Fong, Financial Management ’92
Ron Killby, Business Management ’70
John Mallory, Building Technology ’96
Bob Ostle, ASTT ’71, Chemical and Metallurgical Science ’69
Asifa Samji, BTech–Environmental Engineering ’00, Environmental Health ’96, BSc ’92 UBC
Elena Pirvulescu, Appointed Member, Financial Management ’04, BTech Professional Accounting ’07
Elena Romero, Appointed Member, Human Resource Management ’10
Tara Johnson, Appointed Member, BCIT Student Association, President’s Designate
Caroline Gagnon, Appointed Member, Director, BCIT Student Association
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
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.
MCD 1059
BCIT ALUMNI ASSOCIATION SE40 230 3700 WILLINGDON AVENUE BURNABY BC, V5G 3H2
T 604.432.8847TF 1.877.432.8847E [email protected] bcit.ca/alumni
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.
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.
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
> 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