2

Our History In 1983, a group of visionary civic leaders formed Heritage Windsor, an organization dedicated to reclaiming Windsor’s riverfront.

As the riverfront project moved forward, our organization broadened its scope to assist with other civic projects such as the Ojibway Prairie Complex and the Ganatchio Trail extension. To reflect the new focus of the organization, the name Heritage Windsor changed to the Greater Windsor Community Foundation.

Since 2008, our name has been the WindsorEssex Community Foundation. The new title reflects our commitment to serve both City and County. We are proud to say that we have helped build Windsor-Essex by providing $5.8 million in grants since 1983. We are also pleased to be one of 191 community foundations working together through the national association, Community Foundations of Canada.

Our Approach We are unique in building community vitality:• We focus on donors as community builders by matching their interests and strengths with community needs to

provide innovative solutions. • We take the broadest view of what community is, allowing us to grant across the broad spectrum of organizations in

Windsor and Essex County.• We always look to the future to help build a resilient, sustainable society.

WE are a great place to leave a legacy!

What’sInside

4 Board & Committees5 Community Events6 2014-2015 Grants

8 Endowment Funds9 Fund List10 Financial Statements

About WindsorEssex Community Foundation

3

Let us start by thanking you for your continued support of Windsor-Essex through your Community Foundation. This report includes a review of many of the highlights of the 2014/2015 year, including the Foundation’s move to a new location, the growth of the Foundation team, new funds and expanded community leadership.

In June 2015 we moved to a new location at 511- 3200 Deziel Drive. We invite you to stop in and see the new location, which includes an expanded meeting space in a central location. This year we also expanded the team with a new Executive Director, Lisa Kolody, and an Administration and Grants Coordinator, Kyrsten Solcz. Building on a strong investment year, we were able to provide grants of $424,059 this year! We are so proud of the strong impact we continue to make through our Community Impact Grants, KidStart Mini Grants, and FastTrack Grants. We are also thankful for all our fund holders who have continued to invest heavily in our community, including investments in Health and Human Services; Children and Youth; Education and Literacy; Arts, Culture and Heritage; Community Development; Environment and Recreation and Sport. We know that these issue areas are important investment opportunities for the Foundation to support our community. As we develop and grow our Vital Signs® program, we ask you to participate by taking our survey and sharing your voice on what is important to you. The Foundation is proud to be part of this national effort to collect data specific to our community and help make an impact in the areas that mean so much to all of us.

This year we launched a new program, Inspiration 100, a call to action for 100 community leaders to invest for the long term. We give pecial thanks to Marty Solcz, the Foundation’s past Chair, for providing the innovation and action to launch this program that will benefit our community in perpetuity. This year also saw the launch of our inaugural golf tournament, the Community Cup. We appreciate the outstanding support we received from our board members and the community to make this event a huge success.

We are proud to continue to support Random Acts of Kindness Day and look forward to another great year next year. We will continue to grow with the launch of our Young Philanthropists in 2015 and with new opportunities to invest and contribute to make this community a great place in which to live, work, play and grow!

Sincerely,

Lisa KolodyExecutive Director

Fred QuennevilleChair

8 Endowment Funds9 Fund List10 Financial Statements

A Message from the Chair and Executive Director

Susan A. EasterbrookOutgoing Past ChairEasterbrook Law

Romeo Girardi Secretary

Russell A. Farrow Limited

Denise C. HrastovecTreasurer

Collins Barrow LLP

Marty SolczPast Chair

Valiant Corporation

Fred QuennevilleChair

RBC Dominion Securities

J. Mark SkipperLegal Council

Paroian Skipper Lawyers

Glenn Stresman Outgoing Executive Director

Kyrsten SolczAdministration and Grants Coordinator

Gisele Levasseur Marketing & Funds

Development Coordinator

Lisa KolodyExecutive Director

Dr. Robert YovanovichDirector

Private Medical Practice

Jay StrosbergDirector

Sutts, Strosberg LLP

Jelle DongaDirectorDeloitte

Loretta StoykaDirector

Miller Canfield Paddock & Stone

Rob TamblynDirector

The Benefits Company

Kay DouglasDirector

Douglas Marketing Group

ExecutiveFred QuennevilleMarty SolczDenise Hrastovec

FinanceDenise Hrastovec, ChairJanice HooperFred QuennevilleMarty D. SolczMark SkipperJelle Donga Lisa KolodyKyrsten SolczGlenn Stresman

Grants ReviewJay Strosberg, ChairVeronica BulmerKyrsten SolczRebecca TaylorElaine WeeksGlenn Stresman

NominatorsMayor, City of WindsorPresident, University of WindsorPresident, Essex Law AssociationResident of Essex CountySenior Judge, County Court of the County of Essex Representative, Windsor & District Labour CouncilRepresentative, Windsor-Essex Regional Chamber of Commerce

Random Act of Kindness Day™ 2014Lisa Kolody, ChairBeth-Ann PrinceMichelle MarcuzStephen FieldsAdam PattersonGisele Levasseur

Board and Committees

4

WindsorEssex Community FoundationFirst Biennial Community Cup Pro-Am Golf TournamentThe WindsorEssex Community Foundation (WECF) hosted its First Biennial Community Cup Pro-Am Golf Tournament to a sold out crowd! The tournament raised much needed funds to help support many projects and local not-for-profit organizations that improve the

well-being of people within our community. In addition to the modified Ryder Cup format, each foursome was joined by a professional golfer competing for a separate prize purse. To all those who participated in sponsored or donated to this event, the organizing committee, and all the volunteers, the WECF Community Cup Golf Committee offers a very special thank you and our sincere gratitude.

Inspiration 100™It’s an exclusive club with a twist — not about networking but giving.

This year, Marty Solcz and Fred Quenneville launched Inspiration 100 with the goal of assembling one hundred local philanthropists who commit to giving $25,000 over 10 years for a total of $2.5 million. As a project of the WindsorEssex Community Foundation, Inspiration 100 will help the community in many ways - in perpetuity. The $2.5 million will be held in an independent fund under the management of the WECF, of which the proceeds

will be distributed by the Inspiration 100 members to a wide range of local charities.

“The benefit of this will be huge,” says Solcz, past chair of the WindsorEssex Community Foundation, who came up with the idea. “There are infinite possibilities.” The Inspiration 100 concept is simple: members agree to donate $2,500 a year for 10 years, or $20,000 up front. The group then meets every year to decide how to distribute the money. The capital will remain in the endowment but the interest on investments is available to boost local charities. Thus far, 39 out of 100 members are registered with a total commitment to date of $935,000 since our launch in April 2015. Participation in Inspiration 100 is still open to new members.

Vital Signs® 2014In 2014, Vital Signs® incorporated a survey asking members of the community for their input to add to our local and national data collection. WindsorEssex Community Foundation was one of more than 27 community foundations that published similar reports. The WECF is proud to reach out to our community annually and start a conversation of what makes our community a great place in which to live, work and play.

Random Act of Kindness Day™ 2014Kindness is…..For the fifth year in a row, the Community Foundation sponsored the very successful Random Act of Kindness Day™. Joining with community foundations across Canada, we encouraged everyone to celebrate the many acts of kindness that happen every day of the year. Windsor and Essex County rose to the occasion, marking the day with a wide variety of individual acts of kindness, paying it forward once again.

Community Events

5

PRO-AM GOLF TOURNAMENT

1BIENNIALST

Community Impact Grants:Community Impact Grants (CIGs) provide up to $15,000.00 in funding for projects or programs that forge partnerships, tackle important issues and make a lasting impact on the Windsor-Essex Community. CIGs fall into seven categories: Health & Human Service; Arts, Culture & Heritage; Recreation & Sport; Environment; Education & Literacy; Children & Youth and Community Development. CIGs open for applications once a year.----------------------------------------------------------------------------------------------------------------- Firehorse Leadership Organization----------------------------------------------------------------------------------------------------------------- Maryvale Adolescent and Family Services----------------------------------------------------------------------------------------------------------------- Windsor Residence for Young Men----------------------------------------------------------------------------------------------------------------- Arts Council Windsor & Region----------------------------------------------------------------------------------------------------------------- Canadian Mental Health Association, Windsor-Essex County Branch----------------------------------------------------------------------------------------------------------------- Alzheimer Society of Windsor and Essex County ----------------------------------------------------------------------------------------------------------------- Canadian National Institute for the Blind – Windsor----------------------------------------------------------------------------------------------------------------- Forgotten Harvest Canada, Windsor----------------------------------------------------------------------------------------------------------------- Windsor-Essex County Sports Hall of Fame----------------------------------------------------------------------------------------------------------------- Connections Early Years Family Centre

FastTrack GrantsFastTrack Grants provide up to $1,000 in funding. Applicants for these grants are those that require funds quickly to cover unexpected expenses that are preventing operations. FastTrack Grants are open for applications on an on-going basis throughout the year. ----------------------------------------------------------------------------------------------------------------- Architectural Conservancy of Canada----------------------------------------------------------------------------------------------------------------- Town of Amherstburg----------------------------------------------------------------------------------------------------------------- Canadian Mental Health Association, Windsor-Essex County Branch-----------------------------------------------------------------------------------------------------------------

Essex County Steam and Gas Engine Museum----------------------------------------------------------------------------------------------------------------- Bulimia Anorexia Nervosa Association----------------------------------------------------------------------------------------------------------------- Drouillard Place----------------------------------------------------------------------------------------------------------------- The Naturalized Habitat Network----------------------------------------------------------------------------------------------------------------- United Way/Centraide Windsor-Essex----------------------------------------------------------------------------------------------------------------- The Corporation of the City of Windsor----------------------------------------------------------------------------------------------------------------- Windsor-Essex Catholic District School Board----------------------------------------------------------------------------------------------------------------- The Association of Fundraising Professionals----------------------------------------------------------------------------------------------------------------- The Polish Scouting Association----------------------------------------------------------------------------------------------------------------- SWONT Conductive Education

KidStart Mini-GrantsKidStart Mini-Grants are offered in partnership with the WECDSB and the GECDSB. KidStart Grants provide funding up to $500.00 to individual classrooms at the elementary level in order for students to undertake a special project in the community.

Greater Essex County District School Board:• Talbot Trail • Princess Elizabeth• Coronation • John Campbell• Tecumseh Vista • Hetherington----------------------------------------------------------------------------------------------------------------- Windsor-Essex Catholic District School Board:• St. Gabriel • St. John• St. Joseph • W.J. Langlois• Holy Names • Notre Dame• St. Jules

Donor Designated Grants----------------------------------------------------------------------------------------------------------------- The Dorothy and Sydney Lawton Fund:The Italian Canadian HandiCapable Association

The WindsorEssex Community Foundation granted $424,059 this year!

2014-2015 Grants

6

Donor Advised Grants----------------------------------------------------------------------------------------------------------------- Facca Endowment Fund:The Essex Area Food Bank----------------------------------------------------------------------------------------------------------------- The Downtown Mission of Windsor----------------------------------------------------------------------------------------------------------------- Society of St. Vincent De Paul----------------------------------------------------------------------------------------------------------------- World Vision Canada----------------------------------------------------------------------------------------------------------------- St. Anthony of Padua Mission Aid----------------------------------------------------------------------------------------------------------------- MS Society of Canada----------------------------------------------------------------------------------------------------------------- The Ontario Lung Association----------------------------------------------------------------------------------------------------------------- The University of Windsor----------------------------------------------------------------------------------------------------------------- Windsor/Essex Hospitals Foundation----------------------------------------------------------------------------------------------------------------- The Hospice of Windsor and Essex County----------------------------------------------------------------------------------------------------------------- Canadian Cancer Society

The Freed-Orman Families Fund: The University of Windsor----------------------------------------------------------------------------------------------------------------- United Way/Centraide Windsor-Essex----------------------------------------------------------------------------------------------------------------- Alzheimer Society of Windsor and Essex County----------------------------------------------------------------------------------------------------------------- WindsorEssex Community Foundation Community Cup

The Joan and John Vollmer Fund:

London Health Sciences Foundation----------------------------------------------------------------------------------------------------------------- Alzheimer Society of Windsor and Essex County

Chad Ranni Memorial Fund: Windsor-Essex Children’s Aid Society----------------------------------------------------------------------------------------------------------------- Drouillard Place----------------------------------------------------------------------------------------------------------------- New Song Church----------------------------------------------------------------------------------------------------------------- Rotary Club of Essex

MRH Foundation Fund: Leamington District Memorial Hospital----------------------------------------------------------------------------------------------------------------- Access County Community Support Services----------------------------------------------------------------------------------------------------------------- Town of Leamington

The John Atkinson Memorial Fund:

City of Windsor----------------------------------------------------------------------------------------------------------------- Ontario Police Memorial Foundation

Friends of Athletics Fund:

Athletics Canada Scholarship Fund Grants:----------------------------------------------------------------------------------------------------------------- Father Matt Sheedy Scholarship Fund: University of Toronto----------------------------------------------------------------------------------------------------------------- Morris and Ruth Harding Memorial Fund:Greater Essex County District School Board Agency Fund Grants----------------------------------------------------------------------------------------------------------------- Islands of Green Fund:Essex Region Conservation Foundation

Managed Fund Grants----------------------------------------------------------------------------------------------------------------- The Windsor/Essex County Sports Hall of Fame Fund:KidSport Windsor ----------------------------------------------------------------------------------------------------------------- Canadian Italian Business Professionals Association

Flow-Through Donations----------------------------------------------------------------------------------------------------------------- SFWB Donations:Canterbury ElderCollegeWindsor Symphony OrchestraUnited Way/Centraide Windsor-Essex

Sponsorships----------------------------------------------------------------------------------------------------------------- Tour di Via Italia----------------------------------------------------------------------------------------------------------------- International Children’s Games

2014-2015 Grants

7

Endowment Funds at WECF Fund List

8

Agency Funds allow area charities a safe and efficient way to establish their own endowment fund while benefiting from our investment and administrative expertise.

Community Funds are composed of many gifts, large and small, each symbolizing a lasting investment in our region. Grants from these funds are awarded through our Community Impact Grants program, allowing us

to respond flexibly to our communities’ immediate needs and priorities. Community Impact Grants fall into seven categories: Health & Human Services; Arts, Culture & Heritage; Recreation; Environment; Education & Literacy; Children & Youth and Community Development.

Donor Advised Funds allow fund holders to work closely with the Foundation’s grantmaking review committee to select projects and organizations that mean the most to them. They operate much like private foundations, but without the cost and administrative work for the donor.

Donor Designated Funds allow donors to make lasting gifts to their favourite charities. With the establishment of a fund, donors select one or more charitable organizations, local or national, to benefit from their fund.

Field of Interest Funds allow donors to identify a specific area of interest that they wish to support. Local grant recipients are determined by the Foundation’s grantmaking review committee, ensuring that the fund remains responsive to the communities’ needs while supporting the donor’s interests.

Managed Funds are investment accounts established with the Community Foundation in order to benefit from our professional investment management.

Scholarship Funds allow donors to make lasting gifts recognizing student potential. The scholarship funds provided are directed to the college or university of the student’s choice.

Fund List

9

ATHENA Scholarship Fund Established in 2004--------------------------------------------------------------------------------------------------------------Class Action Community Fund Established in 2011--------------------------------------------------------------------------------------------------------------C.M. (Bus) Lossing AKO Endowment Fund Established in 2000Established in memory of Bus Lossing, in support of youth sports through the Alpha Kai Omega Fraternity.--------------------------------------------------------------------------------------------------------------Chad Ranni Memorial Fund Established in 2008Established by family and friends in memory of a much loved son and local athlete.--------------------------------------------------------------------------------------------------------------Dorothy and Sydney Lawton Fund Established in 2002Established in memorial by Ronald Lawton, in support of the Italian Canadian HandiCapable Association.--------------------------------------------------------------------------------------------------------------Essex Nature Fund Established in 2001--------------------------------------------------------------------------------------------------------------ERCA Managed Fund Established in 2014--------------------------------------------------------------------------------------------------------------Facca Endowment Fund Established in 2010Established by Don Gardonio and family, supporting the philanthropic goals of the Gardonio family and their company.--------------------------------------------------------------------------------------------------------------Father Matt Sheedy Scholarship Fund Established in 1983Established by the Assumption Mothers’ Club, the fund supports the postsecondary education of students graduating from Assumption College Catholic High School.--------------------------------------------------------------------------------------------------------------Freed-Orman Families Fund Established in 1996Established by one of the Foundation’s founding directors, supporting the families’ philanthropic interests.--------------------------------------------------------------------------------------------------------------Friends of Athletics Fund Established in 2008Supports the programs of the Windsor Legion Track and Field Club.--------------------------------------------------------------------------------------------------------------Gabby’s Fund Established in 2014--------------------------------------------------------------------------------------------------------------Gale & Irene (Knister) Taylor Scholarship Fund Established in 1999Supports the postsecondary education of students from Comber, Ontario who graduated from Tilbury District or Belle River District High Schools.--------------------------------------------------------------------------------------------------------------Islands of Green Fund (Essex Region Conservation Foundation) Established in 2009--------------------------------------------------------------------------------------------------------------James L. Scorgie Leadership Fund Established in 2007Established in honour of the Foundation’s founding Executive Director, the fund supports leadership development in the non-profit sector in Windsor-Essex.--------------------------------------------------------------------------------------------------------------Joan & Clifford Hatch Fund Established in 1997--------------------------------------------------------------------------------------------------------------Joe and Hazel Lacey Memorial Fund Established in 2009Established by their children to celebrate their parents’ years of community involvement.--------------------------------------------------------------------------------------------------------------Kiwanis Music Festival Fund Established in 2001 --------------------------------------------------------------------------------------------------------------Morris and Ruth Harding Memorial Fund Established in 1999Funds the Harding Electric Bursary in support of Windsor-Essex youth entering the skilled trades.

MRH Foundation Fund Established in 2013Established by Michael Honey, supporting the philanthropic goals of the Honey Family in Leamington and area. --------------------------------------------------------------------------------------------------------------Riverfront Development Fund Established in 1983The Foundation’s first fund, the Riverfront Fund supports the development of recreational spaces along Windsor’s riverfront. Recent projects include the Bert Weeks Fountain and the Hatch Wildflower Garden.--------------------------------------------------------------------------------------------------------------SFWB Fund Established 2013 --------------------------------------------------------------------------------------------------------------Solcz Group Inc. Community Fund for Children Established in 2009Established in honour of the Foundation’s 25th Anniversary, the fund supports the needs of children throughout Windsor-Essex who have significant challenges in life.--------------------------------------------------------------------------------------------------------------Sunshine Point Camp Fund Established in 2001--------------------------------------------------------------------------------------------------------------Toldo Foundation Arts FundEstablished in 2014Established by the Toldo Foundation to support the work of the Windsor Symphony Society.--------------------------------------------------------------------------------------------------------------Toldo Foundation Arts Matching Fund Established in 2014Established by a matching fund grant from Canadian Heritage, made possible by a generous gift from the Toldo Foundation.--------------------------------------------------------------------------------------------------------------University of Windsor Scholarship Fund Established in 1997--------------------------------------------------------------------------------------------------------------Joan and John Vollmer FundEstablished in 2013Established by John Vollmer, supporting the philanthropic goals of John and his wife, Joan.--------------------------------------------------------------------------------------------------------------Windsor Classic Chorale Fund Established in 2008--------------------------------------------------------------------------------------------------------------Windsor Community Health Centre Fund Established in 2001--------------------------------------------------------------------------------------------------------------Windsor Family Credit Union Fund Established in 2010--------------------------------------------------------------------------------------------------------------Windsor Public Library Foundation Fund Established in 2010--------------------------------------------------------------------------------------------------------------Windsor Symphony Society Managed Fund Established in 1993--------------------------------------------------------------------------------------------------------------Windsor Symphony Society Matching Fund Established in 2004--------------------------------------------------------------------------------------------------------------WindsorEssex Community Foundation Operating Fund Established in 2007Established by Clifford Hatch to support the ongoing work of the Foundation.--------------------------------------------------------------------------------------------------------------WindsorEssex Community Impact Fund Established in 1989--------------------------------------------------------------------------------------------------------------Windsor/Essex County Sports Hall of Fame Fund Established in 2013--------------------------------------------------------------------------------------------------------------Youth Sports Support Fund Established in 2008Assists youth who are unable to participate in organized sports.

WindsorEssex Community Foundation: Financial Statements WindsorEssex Community Foundation: Financial Statements

10

WindsorEssex Community FoundationStatement of Financial PositionAs of June 30, 2015

Approved by the Board of Directors

___________________________________ Director ________________________________ Director

The accompanying notes are an integral part of these financial statements.

2015$

2014$

Assets

Cash and cash equivalents 164,778 162,120Prepaids and other assets 27,411 12,442Investments (note 3) 12,745,596 11,597,584Property, plant and equipment (note 4) 7,309 6,710

12,945,094 11,778,856

Liabilities

Accounts payable and accrued liabilities (note 5) 19,458 12,780Managed funds (notes 6 and 12) 3,133,951 2,819,148

3,153,409 2,831,928Net assets

Community Fund Unrestricted 1,263,491 1,526,511Endowment Fund (notes 7 and 8) 7,310,775 6,194,770Restricted Fund (note 7) 1,217,419 1,225,647

9,791,685 8,946,928

12,945,094 11,778,856

WindsorEssex Community FoundationStatement of Financial PositionAs at June 30, 2015

Approved by the Board of Directors

___________________________________ Director ________________________________ Director

The accompanying notes are an integral part of these financial statements.

2015$

2014$

Assets

Cash and cash equivalents 164,778 162,120Prepaids and other assets 27,411 12,442Investments (note 3) 12,745,596 11,597,584Property, plant and equipment (note 4) 7,309 6,710

12,945,094 11,778,856

Liabilities

Accounts payable and accrued liabilities (note 5) 19,458 12,780Managed funds (notes 6 and 12) 3,133,951 2,819,148

3,153,409 2,831,928Net assets

Community Fund Unrestricted 1,263,491 1,526,511Endowment Fund (notes 7 and 8) 7,310,775 6,194,770Restricted Fund (note 7) 1,217,419 1,225,647

9,791,685 8,946,928

12,945,094 11,778,856

WindsorEssex Community FoundationStatement of Financial PositionAs at June 30, 2015

Approved by the Board of Directors

___________________________________ Director ________________________________ Director

The accompanying notes are an integral part of these financial statements.

2015$

2014$

Assets

Cash and cash equivalents 164,778 162,120Prepaids and other assets 27,411 12,442Investments (note 3) 12,745,596 11,597,584Property, plant and equipment (note 4) 7,309 6,710

12,945,094 11,778,856

Liabilities

Accounts payable and accrued liabilities (note 5) 19,458 12,780Managed funds (notes 6 and 12) 3,133,951 2,819,148

3,153,409 2,831,928Net assets

Community Fund Unrestricted 1,263,491 1,526,511Endowment Fund (notes 7 and 8) 7,310,775 6,194,770Restricted Fund (note 7) 1,217,419 1,225,647

9,791,685 8,946,928

12,945,094 11,778,856

WindsorEssex Community FoundationStatement of Financial PositionAs at June 30, 2015

Approved by the Board of Directors

___________________________________ Director ________________________________ Director

The accompanying notes are an integral part of these financial statements.

2015$

2014$

Assets

Cash and cash equivalents 164,778 162,120Prepaids and other assets 27,411 12,442Investments (note 3) 12,745,596 11,597,584Property, plant and equipment (note 4) 7,309 6,710

12,945,094 11,778,856

Liabilities

Accounts payable and accrued liabilities (note 5) 19,458 12,780Managed funds (notes 6 and 12) 3,133,951 2,819,148

3,153,409 2,831,928Net assets

Community Fund Unrestricted 1,263,491 1,526,511Endowment Fund (notes 7 and 8) 7,310,775 6,194,770Restricted Fund (note 7) 1,217,419 1,225,647

9,791,685 8,946,928

12,945,094 11,778,856

WindsorEssex Community FoundationStatement of Financial PositionAs at June 30, 2015

Approved by the Board of Directors

___________________________________ Director ________________________________ Director

The accompanying notes are an integral part of these financial statements.

2015$

2014$

Assets

Cash and cash equivalents 164,778 162,120Prepaids and other assets 27,411 12,442Investments (note 3) 12,745,596 11,597,584Property, plant and equipment (note 4) 7,309 6,710

12,945,094 11,778,856

Liabilities

Accounts payable and accrued liabilities (note 5) 19,458 12,780Managed funds (notes 6 and 12) 3,133,951 2,819,148

3,153,409 2,831,928Net assets

Community Fund Unrestricted 1,263,491 1,526,511Endowment Fund (notes 7 and 8) 7,310,775 6,194,770Restricted Fund (note 7) 1,217,419 1,225,647

9,791,685 8,946,928

12,945,094 11,778,856

WindsorEssex Community FoundationStatement of Financial PositionAs at June 30, 2015

Approved by the Board of Directors

___________________________________ Director ________________________________ Director

The accompanying notes are an integral part of these financial statements.

2015$

2014$

Assets

Cash and cash equivalents 164,778 162,120Prepaids and other assets 27,411 12,442Investments (note 3) 12,745,596 11,597,584Property, plant and equipment (note 4) 7,309 6,710

12,945,094 11,778,856

Liabilities

Accounts payable and accrued liabilities (note 5) 19,458 12,780Managed funds (notes 6 and 12) 3,133,951 2,819,148

3,153,409 2,831,928Net assets

Community Fund Unrestricted 1,263,491 1,526,511Endowment Fund (notes 7 and 8) 7,310,775 6,194,770Restricted Fund (note 7) 1,217,419 1,225,647

9,791,685 8,946,928

12,945,094 11,778,856

WindsorEssex Community FoundationStatement of Financial PositionAs at June 30, 2015

Approved by the Board of Directors

___________________________________ Director ________________________________ Director

The accompanying notes are an integral part of these financial statements.

2015$

2014$

Assets

Cash and cash equivalents 164,778 162,120Prepaids and other assets 27,411 12,442Investments (note 3) 12,745,596 11,597,584Property, plant and equipment (note 4) 7,309 6,710

12,945,094 11,778,856

Liabilities

Accounts payable and accrued liabilities (note 5) 19,458 12,780Managed funds (notes 6 and 12) 3,133,951 2,819,148

3,153,409 2,831,928Net assets

Community Fund Unrestricted 1,263,491 1,526,511Endowment Fund (notes 7 and 8) 7,310,775 6,194,770Restricted Fund (note 7) 1,217,419 1,225,647

9,791,685 8,946,928

12,945,094 11,778,856

WindsorEssex Community FoundationStatement of Financial PositionAs at June 30, 2015

Approved by the Board of Directors

___________________________________ Director ________________________________ Director

The accompanying notes are an integral part of these financial statements.

2015$

2014$

Assets

Cash and cash equivalents 164,778 162,120Prepaids and other assets 27,411 12,442Investments (note 3) 12,745,596 11,597,584Property, plant and equipment (note 4) 7,309 6,710

12,945,094 11,778,856

Liabilities

Accounts payable and accrued liabilities (note 5) 19,458 12,780Managed funds (notes 6 and 12) 3,133,951 2,819,148

3,153,409 2,831,928Net assets

Community Fund Unrestricted 1,263,491 1,526,511Endowment Fund (notes 7 and 8) 7,310,775 6,194,770Restricted Fund (note 7) 1,217,419 1,225,647

9,791,685 8,946,928

12,945,094 11,778,856

WindsorEssex Community FoundationStatement of Financial PositionAs at June 30, 2015

Approved by the Board of Directors

___________________________________ Director ________________________________ Director

The accompanying notes are an integral part of these financial statements.

2015$

2014$

Assets

Cash and cash equivalents 164,778 162,120Prepaids and other assets 27,411 12,442Investments (note 3) 12,745,596 11,597,584Property, plant and equipment (note 4) 7,309 6,710

12,945,094 11,778,856

Liabilities

Accounts payable and accrued liabilities (note 5) 19,458 12,780Managed funds (notes 6 and 12) 3,133,951 2,819,148

3,153,409 2,831,928Net assets

Community Fund Unrestricted 1,263,491 1,526,511Endowment Fund (notes 7 and 8) 7,310,775 6,194,770Restricted Fund (note 7) 1,217,419 1,225,647

9,791,685 8,946,928

12,945,094 11,778,856

WindsorEssex Community FoundationStatement of Financial PositionAs at June 30, 2015

Approved by the Board of Directors

___________________________________ Director ________________________________ Director

The accompanying notes are an integral part of these financial statements.

2015$

2014$

Assets

Cash and cash equivalents 164,778 162,120Prepaids and other assets 27,411 12,442Investments (note 3) 12,745,596 11,597,584Property, plant and equipment (note 4) 7,309 6,710

12,945,094 11,778,856

Liabilities

Accounts payable and accrued liabilities (note 5) 19,458 12,780Managed funds (notes 6 and 12) 3,133,951 2,819,148

3,153,409 2,831,928Net assets

Community Fund Unrestricted 1,263,491 1,526,511Endowment Fund (notes 7 and 8) 7,310,775 6,194,770Restricted Fund (note 7) 1,217,419 1,225,647

9,791,685 8,946,928

12,945,094 11,778,856

WindsorEssex Community FoundationStatement of Changes in Net AssetsFor the year ended June 30, 2015

The accompanying notes are an integral part of these financial statements.

CommunityFund

Unrestricted$

EndowmentFund

$

RestrictedFund

$Total

$

Balance - June 30, 2013 1,435,853 4,010,217 1,076,144 6,522,214

Net revenue 90,658 2,184,553 149,503 2,424,714

Balance - June 30, 2014 1,526,511 6,194,770 1,225,647 8,946,928

Net (expenses) revenue (263,020) 1,091,005 16,772 844,757

Transfers in (out) - 25,000 (25,000) -

Balance - June 30, 2015 1,263,491 7,310,775 1,217,419 9,791,685

WindsorEssex Community FoundationStatement of Changes in Net AssetsFor the year ended June 30, 2015

The accompanying notes are an integral part of these financial statements.

CommunityFund

Unrestricted$

EndowmentFund

$

RestrictedFund

$Total

$

Balance - June 30, 2013 1,435,853 4,010,217 1,076,144 6,522,214

Net revenue 90,658 2,184,553 149,503 2,424,714

Balance - June 30, 2014 1,526,511 6,194,770 1,225,647 8,946,928

Net (expenses) revenue (263,020) 1,091,005 16,772 844,757

Transfers in (out) - 25,000 (25,000) -

Balance - June 30, 2015 1,263,491 7,310,775 1,217,419 9,791,685

WindsorEssex Community FoundationStatement of Changes in Net AssetsFor the year ended June 30, 2015

The accompanying notes are an integral part of these financial statements.

CommunityFund

Unrestricted$

EndowmentFund

$

RestrictedFund

$Total

$

Balance - June 30, 2013 1,435,853 4,010,217 1,076,144 6,522,214

Net revenue 90,658 2,184,553 149,503 2,424,714

Balance - June 30, 2014 1,526,511 6,194,770 1,225,647 8,946,928

Net (expenses) revenue (263,020) 1,091,005 16,772 844,757

Transfers in (out) - 25,000 (25,000) -

Balance - June 30, 2015 1,263,491 7,310,775 1,217,419 9,791,685

WindsorEssex Community Foundation: Financial Statements

11

WindsorEssex Community FoundationStatement of Revenue and ExpensesFor the year ended June 30, 2015

The accompanying notes are an integral part of these financial statements.

CommunityFund

Unrestricted$

EndowmentFund

$

RestrictedFund

$2015

$2014

$

RevenueDonations (note 8) 81,478 1,250,904 - 1,332,382 1,813,707Investment income 102,445 182,259 43,611 328,315 1,110,744

183,923 1,433,163 43,611 1,660,697 2,924,451Operating expensesAdvertising and promotion, net 31,176 - - 31,176 16,939Amortization 2,346 - - 2,346 1,843Automotive and travel 3,218 - - 3,218 1,662Bank charges 1,969 - - 1,969 1,213Education and training 7,755 - - 7,755 1,140Insurance premiums (note 9) 6,584 - - 6,584 4,860Investment and management fees 16,406 28,439 6,448 51,293 37,180Licenses, memberships and dues 4,116 - - 4,116 3,769Office supplies and miscellaneous 26,765 - - 26,765 5,209Other: Board and committee work 8,080 - - 8,080 2,982Professional fees 19,943 - - 19,943 13,442Rent 34,643 - - 34,643 18,169Wages and employee benefits 157,588 - - 157,588 93,576

320,589 28,439 6,448 355,476 201,984

Other (income) expensesAdministrative (recovery) fees (27,810) 18,321 5,891 (3,598) (423)

(108,856) 1,386,403 31,272 1,308,819 2,722,890

Grants and bursariesGrants and bursaries made by the

organization from restrictedand unrestricted assets 154,164 295,398 14,500 464,062 298,176

Net (expenses) revenue (263,020) 1,091,005 16,772 844,757 2,424,714

WindsorEssex Community FoundationStatement of Revenue and ExpensesFor the year ended June 30, 2015

The accompanying notes are an integral part of these financial statements.

CommunityFund

Unrestricted$

EndowmentFund

$

RestrictedFund

$2015

$2014

$

RevenueDonations (note 8) 81,478 1,250,904 - 1,332,382 1,813,707Investment income 102,445 182,259 43,611 328,315 1,110,744

183,923 1,433,163 43,611 1,660,697 2,924,451Operating expensesAdvertising and promotion, net 31,176 - - 31,176 16,939Amortization 2,346 - - 2,346 1,843Automotive and travel 3,218 - - 3,218 1,662Bank charges 1,969 - - 1,969 1,213Education and training 7,755 - - 7,755 1,140Insurance premiums (note 9) 6,584 - - 6,584 4,860Investment and management fees 16,406 28,439 6,448 51,293 37,180Licenses, memberships and dues 4,116 - - 4,116 3,769Office supplies and miscellaneous 26,765 - - 26,765 5,209Other: Board and committee work 8,080 - - 8,080 2,982Professional fees 19,943 - - 19,943 13,442Rent 34,643 - - 34,643 18,169Wages and employee benefits 157,588 - - 157,588 93,576

320,589 28,439 6,448 355,476 201,984

Other (income) expensesAdministrative (recovery) fees (27,810) 18,321 5,891 (3,598) (423)

(108,856) 1,386,403 31,272 1,308,819 2,722,890

Grants and bursariesGrants and bursaries made by the

organization from restrictedand unrestricted assets 154,164 295,398 14,500 464,062 298,176

Net (expenses) revenue (263,020) 1,091,005 16,772 844,757 2,424,714

WindsorEssex Community FoundationStatement of Revenue and ExpensesFor the year ended June 30, 2015

The accompanying notes are an integral part of these financial statements.

CommunityFund

Unrestricted$

EndowmentFund

$

RestrictedFund

$2015

$2014

$

RevenueDonations 81,478 1,250,904 - 1,332,382 1,813,707Investment income 102,445 182,259 43,611 328,315 1,110,744

183,923 1,433,163 43,611 1,660,697 2,924,451Operating expensesAdvertising and promotion, net 31,176 - - 31,176 16,939Amortization 2,346 - - 2,346 1,843Automotive and travel 3,218 - - 3,218 1,662Bank charges 1,969 - - 1,969 1,213Education and training 7,755 - - 7,755 1,140Insurance premiums 6,584 - - 6,584 4,860Investment and management fees 16,406 28,439 6,448 51,293 37,180Licences, memberships and dues 4,116 - - 4,116 3,769Office supplies and miscellaneous 26,765 - - 26,765 5,209Other: Board and committee work 8,080 - - 8,080 2,982Professional fees 19,943 - - 19,943 13,442Rent 34,643 - - 34,643 18,169Wages and employee benefits 157,588 - - 157,588 93,576

320,589 28,439 6,448 355,476 201,984

Other (income) expensesAdministrative (recovery) fees (27,810) 18,321 5,891 (3,598) (423)

(108,856) 1,386,403 31,272 1,308,819 2,722,890

Grants and bursariesGrants and bursaries made by the

organization from restrictedand unrestricted assets 154,164 295,398 14,500 464,062 298,176

Net (expenses) revenue (263,020) 1,091,005 16,772 844,757 2,424,714

WindsorEssex Community FoundationStatement of Revenue and ExpensesFor the year ended June 30, 2015

The accompanying notes are an integral part of these financial statements.

CommunityFund

Unrestricted$

EndowmentFund

$

RestrictedFund

$2015

$2014

$

RevenueDonations (note 8) 81,478 1,250,904 - 1,332,382 1,813,707Investment income 102,445 182,259 43,611 328,315 1,110,744

183,923 1,433,163 43,611 1,660,697 2,924,451Operating expensesAdvertising and promotion, net 31,176 - - 31,176 16,939Amortization 2,346 - - 2,346 1,843Automotive and travel 3,218 - - 3,218 1,662Bank charges 1,969 - - 1,969 1,213Education and training 7,755 - - 7,755 1,140Insurance premiums (note 9) 6,584 - - 6,584 4,860Investment and management fees 16,406 28,439 6,448 51,293 37,180Licenses, memberships and dues 4,116 - - 4,116 3,769Office supplies and miscellaneous 26,765 - - 26,765 5,209Other: Board and committee work 8,080 - - 8,080 2,982Professional fees 19,943 - - 19,943 13,442Rent 34,643 - - 34,643 18,169Wages and employee benefits 157,588 - - 157,588 93,576

320,589 28,439 6,448 355,476 201,984

Other (income) expensesAdministrative (recovery) fees (27,810) 18,321 5,891 (3,598) (423)

(108,856) 1,386,403 31,272 1,308,819 2,722,890

Grants and bursariesGrants and bursaries made by the

organization from restrictedand unrestricted assets 154,164 295,398 14,500 464,062 298,176

Net (expenses) revenue (263,020) 1,091,005 16,772 844,757 2,424,714

Fund Returns include assets from our own fund families; donor designated, donor advised, field of interest, and agency funds.

Our objective is to provide a balance between current income and long-term capital growth through a diversified portfolio consisting of both income and equity investments (50% bonds, cash, and short-term equivalents and 50% equities).

The Community Foundation is committed to providing transparent financial information to the community. Complete 2015 financial statements, audited by PricewaterhouseCoopers LLP Chartered Professional Accountants, are available at www.wecf.ca or by contacting the Foundation office.

10.71

3.41

7.758.73

-0.07

-3.2

5.3

-1.76

6.62

Fund Returns by Year 2004-2015

12.05

2.5