JA British Columbia 2008-09 Annual Report

JAJUNIOR ACHIEVEMENT OF BRITISH COLUMBIA

AnnuAl RepoRt 2008 • 2009

The JA Worldwide Vision

Purpose

Vision

Values

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

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.

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.

JA1WORk REAdINESS ENTREpRENEURSHIp FINANCIAL LITERACy

Table of ContentsA

T.O.CMessage from the Chair and President & CEO 3

Dr. Donald Rix Leadership Gift 4

Student Reach 5

School District Map 6

Awards and Scholarships 7

BC Business Challenge 8

Program Highlights 9

JABC Alumni Network 11

JA Volunteers 12

BLBC Hall of Fame 13

Participating Schools 15

Our Donors 18

Balance Sheet 21

Statement of Operations 22

Board of Directors and Committees 23

Staff Listing 25

2WORk REAdINESS ENTREpRENEURSHIp FINANCIAL LITERACy

It has been almost 12 months since the world witnessed one of the most dramatic economic events since the Great Depression. If this experience has taught us anything, it is that we must give the next generation of business leaders the knowledge and skills they need to work ethically and effectively within a market based economy.

Junior Achievement of British Columbia (JABC) is ideally positioned to respond to this need. The challenges we face everyday are the very issues to which JA dedicates itself: Work Readiness, Entrepreneurship and Financial Literacy. Each year, as we introduce our programs to new and existing schools, community partners and volunteers, we work hard to incorporate these three pillars into the JA experience.

In this last fiscal year JABC has taken a number of actions to ensure our programs are relevant to the needs of our communities. Last fall, the Economics of Staying in School program was re-introduced as Economics for Success with an increased focus on the concepts of success. We also finalized the rebrand of the Business Laureates of BC Hall of Fame to create a stronger link between the Laurates and the JA students, who aspire to follow in their footsteps.

JABC established new delivery partners in 2008 and as a result we have been able to reach more students in rural areas. In the spring, the Government of British Columbia announced an additional one million dollar grant to supplement the initial two million dollars we received in 2006. This funding allows us to develop our three-year strategic plan for long-term sustainability, with increasing

support from the private sector.

It has been a challenging year for business and for JABC which depends so much on the contributions and hands-on involvement of the business community. We are extremely grateful to all our supporters who help to inspire young people and foster the innovative spirit that will lead them to success.

JMessage from the Chair and President & CEO

Brian PhillipsChair, Board of Directors

Jan Bell-IrvingPresident & CEO

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JJ

Bridging the Talent Gap

Dr. Donald Rix Leadership Gift

In July 2009, Dr. Donald Rix announced a significant gift to Junior Achievement of British Columbia in support of strategic business education programs for BC’s youth. His generosity includes an inaugural endowment donation of $200,000 to establish the “Dr. Donald Rix Inspiring Business Excellence” Endowed Scholarship Fund. Awards will be given annually to top Junior Achievement students from rural communities or to Aboriginal or immigrant students to further their post secondary education. An additional $200,000 will be given in support of Junior Achievement’s educational program delivery over the next four years.

A legend in Canadian scientific and business circles, Dr. Rix is one of BC’s leading entrepreneurs in the field of life sciences today. Over the past 40 years he has nurtured

“A truly rewarding part of my career is encouraging and coaching young scientists and entrepreneurs. I believe they are the future

of BC and that we must draw on our youth from around the province to ensure a strong and vibrant economy. Many of these fine future leaders live in more remote or difficult circumstances

and I wanted to partner with Junior Achievement to support them in their educational pursuits.”

- Donald B. Rix, M.D., C.M., O.B.C.

the growth of two private lab operations, financed the work of dozens of fellow scientists and given untold millions of his wealth back into the community. He is a community volunteer, generous philanthropist, angel investor and mentor to countless young entrepreneurs. He is an enthusiastic supporter of youth, education, the arts and entrepreneurship.

Dr. Rix was inducted into the Business Laureates of British Columbia Hall of Fame in 2006.

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JStudent Reach

1085 classes 28,861 students

9 out of 10 Economics for Success students surveyed said they were more likely to finish high school as a result of the program.

9 out of 10 Company Program students surveyed said if they were to walk into a new job tomorrow, they would succeed.

AElementary School (Grades 3-7)Business Basics Series 347 classes

Middle School (Grades 8-10)Economics for Success 497 classesDollars with Sense 35 classesInvestment Strategies Program 76 classes

Secondary School (Grades 11 & 12)Company Program – A Student Venture In-School 36 classes After-School 12 classesJA Titan Business Game 82 classes

Junior Achievement recognizes the importance of being a leader in developing relevant programs educators can draw upon to support and enhance classroom curriculum delivery.

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“As someone who had never thought about being entrepreneurial prior to JA, the Company Program truly gave me a taste of the corporate world. The first-hand experiences I obtained and the skills I learned are also highly transferable. They will undoubtedly help me with all my future endeavors.”

- Wendy Ming, JA Student, University Hill Secondary, Vancouver


School Districts we ReachA

47 Engaged districts

5 Southeast Kootenay20 Kootenay-Columbia22 Vernon23 Central Okanagan28 Quesnel33 Chilliwack34 Abbotsford35 Langley36 Surrey37 Delta38 Richmond39 Vancouver40 New Westminster41 Burnaby42 Maple Ridge-Pitt Meadows43 Coquitlam44 North Vancouver45 West Vancouver46 Sunshine Coast47 Powell River

51 Boundary52 Prince Rupert53 Okanagan Similkameen54 Bulkley Valley57 Prince George58 Nicola-Similkameen59 Peace River South61 Greater Victoria62 Sooke63 Saanich67 Okanagan Skaha68 Nanaimo-Ladysmith69 Qualicum71 Comox Valley73 Kamloops / Thompson74 Gold Trail78 Fraser Cascade79 Cowichan Valley85 Vancouver Island North + Independent Schools

7 new in 2008-09

27 Cariboo-Chilcotin48 Howe Sound70 Alberni72 Campbell River75 Mission 83 Okanagan-Shuswap93 Conseil Scolaire Francophone


AAwards and Scholarships

Each year JABC offers an Awards and Scholarships program designed to recognize and reward outstanding student achievements. This year “GG Go Green” took home three provincial awards including the coveted “Student Venture of the Year Award”. The group was also the first BC recipient of the national “Honda Canada Foundation Environmental Award”.

1. TOP BC TEAM FOR SPRING 2009: ‘INVEST JA’ STOCK MARKET SIMULATION “Cheese Soup”, University Transition Program, Vancouver

2. JA TITAN BUSINESS CHALLENGE Overall Champions, Spring Challenge “Emission”, Sir Winston Churchill Secondary, Vancouver

Champions, Fall Challenge“SpiderMonkies”, Georges P. Vanier Secondary, Courtenay

3. JA SCHOLARSHIP FOR ENTREPRENEURIAL STUDIESMichael Hutchinson, Handsworth Secondary, North Vancouver

4. KATHY BARNETT MEMORIAL SCHOLARSHIPStephanie Shum, Sir Winston Churchill Secondary, Vancouver

5. LEADERSHIP AWARDSAward For Excellence & LeadershipWendy Ming, University Hill Secondary, VancouverLeadership Certificate Sharon Pereira, Windsor Secondary, North Vancouver

6. SALES LEADER OF THE YEAR Kevin Qu, Britannia Secondary, Vancouver Kara Shelley, Spectrum Community School, Victoria

7. AWARD FOR OUTSTANDING SALES & MARKETING STRATEGY “Heart and Home Mexico 2009” Spectrum Community School, Victoria

8. CERTIFICATE FOR OUTSTANDING FINANCIAL REPORTING“XY” After-School Company Program, staffed by students from Vancouver 9. CIBC Student Venture Award for Creativity“U.G.I.”, University Hill Secondary, Vancouver“Royals Gear”, Handsworth Secondary, North Vancouver

10. CIBC Student Venture Award for Team Spirit and Cooperation“Phoenix Express”, Port Moody Secondary

11. CIBC Student Venture Award for Community Engagement“Centropolis”, Centennial Secondary, Coquitlam“Semi Event Organizers”, Semiahmoo Secondary, South Surrey

12. CIBC Student Venture of the Year Award“GG Go Green” After-School Company, staffed by students from Burnaby, Vancouver, Surrey and New Westminster

13. Award for Outstanding Shareholders’ Report“GG Go Green” After-School Company

14. CIBC Student Venture Award for Environmental Stewardship“GG Go Green” After-School Company

Congratulations to this year’s outstanding recipients

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ABC Business Challenge

Celebrates Ten Years

The BC Business Challenge has certainly evolved over its lifetime. In January 2009, JABC celebrated ten years of competition with a new venue, refreshed branding and the largest turnout of students teams to date. The Challenge brings JA Titan Business Game participants together to compete in computer generated markets with teams of similar abilities and experience.

Team “Vikings”, from Burnaby North Secondary who placed first in the Titans’ marketplace, represent their

school and community with pride.

Team “SpiderMonkies”, from Georges P. Vanier Secondary in Courtenay, who placed first in the

Executives’ marketplace, strategize during the intense day of game play.

Team “GPSabres”, from Guildford Park Secondary in Surrey, race the clock to place first in the

Entrepreneurs’ marketplace.

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J Grade 7 students from McGirr Elementary in Nanaimo won JA’s regional “A Business of Our Own” Company of the Year Award by creating a retail business and competing for sales against seven other school teams. Together, participating teams raised over $2700 and donated it to local charities.

2008-09 Program Highlights

I encouraged the students to practice social responsibility

Inspire the next generation ofBusiness Leadersand be inspired yourself

Rebecca JonesBranch ManagerBMO Bank of Montreal

I’m a JA Volunteer

visit www.jabc.org (Regional) call 250-555-5555

In 2008, Junior Achievement of British Columbia launched a provincewide volunteer recruitment ad campaign. JA volunteers from the Lower Mainland participated in the print ads, which were featured in publications such as BCBusiness Magazine, Douglas Magazine and The Business Examiner.

On February 14, 2009, a new Risk Management workshop attracted 45 JA high school students who spent their Valentine’s Saturday learning from expert speakers from Methanex, BC Ferries and FM Global.

A9WORk REAdINESS ENTREpRENEURSHIp FINANCIAL LITERACy

AJ2008-09 Program Highlights

In April, former Minister of Small Business, Technology and Economic Development, Ida Chong, paid a visit to Oak Bay Secondary School in Victoria to present

a one million dollar cheque to a JABC class. This provincial grant will help Junior Achievement maintain our current expansion as we develop a

sustainable Program Delivery Plan over the next year.

The after-school Company Program – A Student Venture grew in popularity this past year among grade 11 and 12 students. A number of student

teams sold their products at public markets including Granville Island, Vancouver Farmers Market, Portobello West and Abbotsford Farm

and Country Market.

Paralympian Andrea Holmes recognized the impressive accomplishments of JA students in her

keynote speech at the Celebrate JA! provincial awards in June, 2009. This event is a way for Junior

Achievement to pay tribute to student award winners and the volunteers, educators and donors

who support them.


JABC Alumni Network

Since 1955, over a quarter of a million students have participated in Junior Achievement of British Columbia programs. Today we hear from alumni on a regular basis, and from all over the world. The memories and experiences they share capture the very best of Junior Achievement’s exciting record of success.

This year we launched our Alumni Ambassador Club, a program that invites recent JABC graduates to participate as volunteers at events, tradeshows and conferences. Young alumni can also take their participation one step further by promoting JA’s after-school program to other achievers.

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

JJA Student Ambassadors meet Premier Gordon Campbell at the Business Laureates of BC Gala Dinner in May, 2009

Student Ambassadors from JA’s Company Program greet guests at a Donor Recognition event in June, 2009.


JA Volunteers Bringing Ideas to LifeJ“Thank you for giving me an opportunity to make a difference.

I enjoyed the experience very much and would recommend this program to anyone either as a volunteer or a student participant.”

-Lucy Li, JA Volunteer, PricewaterhouseCoopers LLP


Setting the Stage for Aspiring Youth

2009 Business Laureates of British Columbia Hall of Fame Inductees

Established by Junior Achievement of British Columbia in 2006, the Business Laureates of BC Hall of Fame celebrates the lifetime achievements of the

province’s most distinguished business leaders and sets the stage for aspiring youth to begin their journey to the top.

David Black, MBAFounder, President & Owner, Black Press Ltd.

Michael Audain, O.B.C., LL.D. Chairman, Polygon Homes Ltd.

Henry Holman (Pete) Ketcham Jr.

(1922 – 1996)Founder, Director, Chair

Samuel Kendall (Sam) Ketcham (1930 – 1977)

Founder, Director, President

William Peters (Bill) Ketcham

Founder, Director

Henry Holman (Hank) Ketcham III, O.B.C.

Chair, President & CEO

The Ketcham FamilyWest Fraser Timber Co. Ltd.


Business Laureates of BC Gala Dinner, May 21, 2009

Business Laureates of BC Hall of Fame

William Westeringh, Managing Partner of Fasken

Martineau (right), presents Guest Speaker,

The Hon. Michael Wilson, Canadian Ambassador to

the US, with a West Coast Native Talking Stick

(left-right) David Black; Yoshiko Karasawa, wife of Michael

Audain; Hank Ketcham; Bill Ketcham; Janet Ketcham, wife of

the late Sam Ketcham

Trudy Hofley, Director & Head, Vancouver

Scotia Private Client Group (left) chats with

Malcolm Burrows, Head, Philanthropic Advisory Services,

Scotia Private Client Group, at the Gala reception

Business Laureate Jimmy Pattison (left), and Virginia

Greene toast this year’s inductees

Premier Gordon Campbell smiles for the camera

with Marjorie-Anne Sauder (left), and Business

Laureate Wendy McDonald (right)

Philip and Britta Owen flank

Business Laureate Joe Segal and his wife Rosalie


Participating Schools and DistrictsJ

SD#5 Southeast KootenayMount Baker Secondary

#22 VernonClarence Fulton SecondarySilver Star ElementaryVernon SecondaryW L Seaton Secondary

#23 Central OkanaganA S Matheson ElementaryAnne McClymont ElementaryChief Tomat ElementaryConstable Neil Bruce Middle SchoolDorothea Walker Elementary

Dr. Knox Middle SchoolGlenmore ElementaryGlenrosa Middle SchoolImmaculata Regional High SchoolKelowna Senior SecondaryKLO Middle SchoolMount Boucherie SecondaryNorth Glenmore ElementaryOkanagan Mission SecondaryOkanagan Montessori Elementary & PreschoolOyama Traditional SchoolQuigley ElementaryRutland Senior SecondaryShannon Lake Elementary

South Kelowna ElementarySpringvalley ElementarySpringvalley Middle SchoolWatson Road Elementary

#27 Cariboo ChilcotinWilliams Lake Secondary School

#28 QuesnelQuesnel Secondary School

#33 ChilliwackGW Graham Middle SecondarySardis ElementaryStrathcona ElementaryUnsworth ElementaryWatson Elementary

#34 AbbotsfordAbbotsford Christian SchoolAbbotsford Traditional Middle SchoolAuguston Traditional ElementaryHarry Sayers ElementaryKing Traditional SchoolMargaret Stenersen ElementaryMountain ElementaryMt Lehman ElementaryRick Hansen SecondaryRobert Bateman SecondaryTerry Fox ElementaryW J Mouat Secondary

#35 LangleyLangley Education Centre

North Otter ElementaryWalnut Grove Secondary

#36 SurreyA H P Matthew ElementaryBetty Huff ElementaryBoundary Park ElementaryClayton Heights Secondary SchoolDogwood ElementaryElgin Park SecondaryEnver Creek SecondaryErma Stephenson ElementaryFleetwood Park SecondaryFrank Hurt SecondaryFraser Heights Secondary

Guildford Park SecondaryHarold Bishop ElementaryHoly Cross Regional High SchoolJessie Lee ElementaryJohnston Heights SecondaryKwantlen Park SecondaryL A Matheson SecondaryMorgan ElementaryNorth Ridg Elementary SchoolNorth Surrey SecondaryPrincess Margaret SecondaryQueen Elizabeth SecondarySemiahmoo SecondarySerpentine Heights Elementary

“Through JA’s Company Program my students have received scholarships, awards, and speaking opportunities. I am so impressed with Junior Achievement and what it offers to young people.” -Jacqueline Rein, Company Program teacher, Semiamhoo Secondary School, South Surrey



Sullivan Heights SecondarySurrey Centre ElementarySurrey ChristianWalnut Road ElementaryWilliam F. Davidson Elementary SchoolWilliam Watson ElementaryZion Lutheran

#37 DeltaCliff Drive Elementary SchoolGibson ElementaryJarvis Elementary SchoolNorth Delta SecondaryPinewood Elementary SchoolSeaquam SecondarySunshine Hills Elementary

#38 RichmondArchibald Blair ElementaryHenry Anderson ElementaryJ N Burnett SecondaryJohn T Errington ElementaryManoah Steves Elementary SchoolR C Palmer SecondaryRichmond Jewish Day SchoolRichmond Secondary

Robert Alexander McMath SecondaryTomekichi Homma ElementaryWestwind Elementary

#39 VancouverBritannia SecondaryChamplain Heights Community ElementaryDavid Lloyd George ElementaryDavid Oppenheimer ElementaryDavid Thompson SecondaryDr. George M Weir ElementaryElsie Roy ElementaryEric Hamber SecondaryFoundation Alternate SchoolGeneral Brock ElementaryGeneral Gordon Elementary SchoolJohn Norquay ElementaryJohn Oliver SecondaryKillarney SecondaryLord Beaconsfield ElementaryLord Nelson ElementaryMagee SecondaryMaple Grove ElementaryPoint Grey Secondary

Prince of Wales SecondaryRenfrew Community ElementarySexsmith J W ElementarySir Charles Tupper SecondarySir James Douglas ElementarySir John Franklin Community SchoolSir Winston Churchill SecondarySt. John’s SchoolTake A Hike Program Templeton SecondaryUniversity Hill Elementary SchoolUniversity Hill SecondaryUniversity Transition ProgramVancouver ChristianVancouver Technical SecondaryWest Point Grey Academy

#40 New WestminsterHerbert Spencer ElementaryLord Kelvin ElementaryNew Westminster Secondary

#41 BurnabyBurnaby Central Secondary

Burnaby North SecondaryByrne Creek SecondaryCapital Hill ElementaryCariboo Hill SecondaryCarver Christian High SchoolGilmore Community ElementaryKitchener ElementaryMontecito ElementaryMoscrop SecondaryParkcrest ElementaryWestridge Elementary

#42 Maple Ridge Pitt MeadowsAlexander Robinson ElementaryBlue Mountain ElementaryGaribaldi SecondaryGolden Ears ElementaryHammond ElementaryLaity View Elementary

#43 CoquitlamBramblewood ElementaryCentennial SchoolCoquitlam Alternate Basic EducationGleneagle Secondary School

Hampton Park ElementaryHillcrest Middle SchoolLord Baden-Powell ElementaryMaple Creek Middle SchoolMinnekhada Middle SchoolMoody Middle SchoolMundy Road ElementaryPinetree Secondary SchoolPitt River Middle SchoolPleasantside ElementaryPort Moody SecondaryPorter Street ElementaryRanch Park ElementaryRiverside SecondaryTerry Fox Secondary

#44 North VancouverArgyle SecondaryBodwell High SchoolBoundary Community ElementaryCapilano ElementaryCarisbrooke ElementaryCarson Graham SecondaryCleveland Elementary

Dorothy Lynas ElementaryFromme ElementaryHandsworth Secondary SchoolLions Gate Christian AcademyLynn Valley ElementaryMontroyal ElementaryNorgate Community ElementaryQueensbury ElementaryRidgeway ElementarySt. Pius X Elementary SchoolSt. Thomas AquinasWestview ElementaryWindsor Secondary

#45 West VancouverMulgrave SchoolRockridge SecondarySentinel SecondaryWest Vancouver Secondary

#46 Sunshine CoastChatelech SecondaryElphinstone SecondaryPender Harbour Elem-Secondary

#48 Howe SoundSpring Creek Community School


#53 Okanagan SimilkameenOsoyoos SecondarySimilkameen Elementary/ Secondary School

#54 Bulkley ValleySmithers Secondary

#57 Prince GeorgeBlackburn ElementaryCollege Heights ElementaryD P Todd SecondaryDuchess Park SecondaryEdgewood ElementaryFuture CentsHeritage ElementaryKelly Road SecondaryLakewood Jr SecondaryPrince George Secondary SchoolSpruceland ElementaryWestwood Elementary School

#58 Nicola SimilkameenPrinceton Secondary

#59 Peace River SouthCentral Middle Elem-Jr SecondaryCrescent Park ElementaryParkland Elementary

South Peace Secondary

#61 Greater VictoriaArbutus Middle SchoolCedar Hill Middle SchoolCloverdale ElementaryDiscovery SchoolEagle View ElementaryEsquimalt High SchoolLambrick Park SecondaryMargaret Jenkins ElementaryMaria Montessori AcademyMonterey Middle SchoolMount Douglas SecondaryOak Bay High SchoolReynolds SecondaryRogers ElementaryShoreline Community SchoolSir James Douglas ElementarySpectrum CommunitySt. Andrew’s Regional HighSt. Margaret’sSt. Michael’s University SchoolStrawberry Vale ElementaryTorquay Elementary

#62 SookeBelmont Secondary Crystal View ElementaryDavid Cameron ElementaryEdward Milne Community SchoolJohn Stubbs Memorial SchoolJourney Middle SchoolLester B. Pearson College of the PacificSaseenos ElementarySooke Elementary SchoolWestshore Centre for Learning and TrainingWishart Elementary

#63 SaanichLauwelnew Tribal SchoolParkland Secondary SchoolRoyal Oak Middle SchoolStelly’s Secondary School

#67 Okanagan SkahaGiant’s Head Elementary SchoolMcNicoll Park Middle SchoolPenticton Secondary SchoolPrincess Margaret SecondarySummerland Secondary

#68 Nanaimo LadysmithCedar Community SecondaryCilaire ElementaryFrank J. Ney ElementaryJohn Barsby Community SchoolLadysmith SecondaryMcGirr ElementaryNanaimo District SecondaryPleasant Valley ElementaryQuarterway ElementaryRutherford Elementary

#69 QualicumBallenas Secondary SchoolKwalikum SecondaryQualicum Beach Middle School

#70 AlberniAlberni District SecondaryGill ElementaryMaquinna Elementary

#71 Comox ValleyCumberland JuniorGeorges P Vanier SecondaryHighland SecondaryValley View Elementary

#72 Campbell RiverCarihi Secondary

Ecole Phoenix MiddleTimberline Secondary

#73 Kamloops ThompsonA E Perry ElementaryAberdeen ElementaryArthur Stevenson ElementaryBarriere SecondaryBeattie School of the ArtsBrocklehurst SecondaryChase SecondaryDavid Thompson ElementaryJohn Tod Elementary SchoolJuniper Ridge ElementaryKamloops Christian SchoolKay Bingham ElementaryLogan Lake SecondaryNorkam SecondaryPacific Way ElementaryParkcrest Elementary Sa-Hali Secondary South Kamloops SecondarySt. Ann’s AcademySummit ElementaryValleyview SecondaryWestsyde Secondary

#74 Gold TrailAshcroft SecondaryCache Creek ElementaryLillooet Learning CentreLillooet Secondary

#75 MissionHeritage Park Secondary

#78 Fraser CascadeAgassiz Elem- Secondary

#79 Cowichan ValleyCowichan SecondaryFrances Kelsey SecondaryLake Cowichan Secondary

#83 North Okanagan ShuswapA L Fortune SecondaryPleasant Valley Secondary

#85 Vancouver Island NorthNorth Island SecondaryRobert Scott Elementary

#93 Conseil Scolaire FrancophoneL’ecole Victor Brodeur



AOur Donors

Corporate, Community and FoundationsChairman’s Circle - $250,000 and over

President’s Club - $100,000 and over

Major Investors - $50,000 and over

Investors - $25,000 and overCIBC Djavad Mowafaghian Foundation HSBC Bank Canada Institute of Chartered Accountants of British Columbia

Senior Partner - $10,000 and over Austeville Properties Ltd. Coast Capital Savings Credit Union TD Canada Trust Teekay Shipping (Canada) Ltd. TELUS Vancouver Community Board Terasen Gas Inc. The Great-West Life Assurance Company Vancity Credit Union WorkSafe BC

Partners - $5,000 and over Accenture BC Hydro BMO Bank of Montreal British Columbia Transmission Corporation Chris Spencer Foundation Odlum Brown Limited Petro-Canada Polygon Homes Ltd. Saputo Inc. TELUS Victoria Community Board

Junior Achievement donors do make a difference! At a cost of $40 per student, their generosity enabled approximately 30,000 young people the opportunity to participate in our programs.

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“Junior Achievement programs foster positive relationships between youth and business communities as they learn to work within the structure of

the Canadian economic system and develop essential leadership and entrepreneurial skills. Western Economic Diversification Canada is

proud to support Junior Achievement as they continue to build new and innovative educational and professional

opportunities for B.C. youth.”

-Lynne Yelich, Minister of State for Western Economic Diversification Canada


Entrepreneurs - $1,000 and over All-Wood Fibre Ltd. B. Brownridge and Company Inc. BDO Dunwoody LLP Bell Canada Certified Management Accountants Society of British Columbia Chan Foucher LeFebvre LLP Colliers InternationalCommonwealth Mortgage Corp.Connor, Clark & Lunn Financial Group ELM Foundation Foxhill Incorporated GE Honda Canada Foundation IDL Projects Inc. Imperial Oil Foundation Interior OffRoad Equipment Limited Jewish War Veterans of Canada - Vancouver Post #1 John C. Kerr Family Foundation John S. Beverley & Associates Inc. Kalamalka Rotary Club Kamloops Foundation Kelowna Capri Rotary Club MacDonald, Dettwiler and Associates Ltd. Marin Investments Limited Marsh Canada Limited McDonald’s Restaurants of Canada Ltd. McGannon Foundation Mid Mountain Ventures Ltd. Nanaimo Chamber of Commerce Nechako Construction Ltd. North Shore Credit Union NSL Enterprises Inc. Peter & Joanne Brown Foundation PricewaterhouseCoopers LLP Pullmaster Winch Corporation R.J. Cooper Services Ltd. Richmond Sunrise Rotary - Foundation Rotary Club of Kelowna Rotary Club of Kelowna Sunrise Rotary Club of Nanaimo Daybreak Rotary Club of Prince George - Nechako Seneca Enterprises Ltd. Staples Business Depot TimberWest Forest CorporationUniversity of VictoriaVancouver Island Women’s Business NetworkWest Fraser Timber Co. Ltd. Westcana Electric Inc. Western Industrial Contractors Ltd. Women’s Enterprise Society of British Columbia

Shareholders - $100 and overA.B.C. Recycling Ltd. Academy of Learning (Nanaimo) Alberni Valley Chamber of Commerce Alberni Valley Wage Subsidy Program Allstar Holdings Incorporated

Arbutus Leasing Ltd. Auld Phillips Ltd. Avalon Aircraft Corp. Bluestone Consulting Inc. Burrard Glass Ltd.Business Networking International, Nanaimo Biznet Community Futures Development Corp. of Central Vancouver Island Costco Wholesale Canada Ltd. Cranbrook & Districk Community Foundation Dare 2bU Academy Inc. Dorigo Systems Ltd. Dr. James L. Armstrong Inc. Duncan Sabine Collyer Partners LLP E.R. Probyn Ltd. Focus Corporation Formula Contractors B.C. Ltd. Fraser Valley Equipment Ltd. Fred Deeley Imports Ltd. Garnett Capital Corporation Giroday Sawmills Limited Goldbrook Ventures Inc. Heather Sadler Jenkins LLP HUB International Barton LimitedJ N Burnett Secondary Kelowna Okanagan Mission Lions Club Kiwanis Club of Port Alberni Legacies of Wealth Fund Lepik Construction Ltd. Lift Strategies Inc. Lomak Industries Corp.London Drugs Ltd. Macdonald Development Corporation Marniz Investments Inc. Maxwell Fabrics Ltd. Mercury Launch & Tug Ltd. Mitchell Freedland Design National Bank Financial Norco Products Ltd. North Shore Community Foundation Northern Hardware & Furniture Co. Ltd. Northwest Plastics Ltd. Park Shore Motors Ltd. Peninsula Consumer Services Co-operative Pepsi Bottling Group Philanthropy Preceptorship Fund R.H. Jones & Son Mechanical Ltd. Rotary Club of Port Alberni Russell Food Equipment Limited Senniyo Beauty & Figure International (Richmond) Inc. Transmax Investing Venco Products Ltd. Villa Electric (1980) Ltd. W.P.J. McCarthy and Company Ltd.

Individual Partners - $5,000 - $9,999 Bain, David R.

Entrepreneurs - $1,000 - $4,999 Angus, Hamish Attridge, Norm Bennett, Brad Campbell, Craig Gould, Don Hamilton, Janis Johnson, Chester A. Keevil, Norman B. Kenning, Brian Korenberg, Michael J. Lee, Robert H. Manning, Tim F. Phillips, Brian Pinette, Conrad Rustad, Jim Shepard, James F.Wickstrom, Darrell J.Vancouver Island Women’s Business Network Shareholders - $100 - $999Bakhoven, Onno Bell-Irving, Jan Benham, Brenda Brink, Barbara Cain, Steve Chang, Doris Crosby, Chris C. Davies, Rob Dent, Diane Dubberley, DaleFerris, Thomas Forrest, Casey Harris, Brian Hofley, Trudy L. Johnstone, Iain Kason, John Lalli, Amrit Larson, Linda MacDonald, Jamie MacFarlane, Carole Marsh, Kenneth Massey, Kathleen R. May, Graeme McCarthy, William Moretto, Michael Nahirney, Lois Pang, Victoria Peterson, Rick Poratto-Cleghorn, Marissa Ross, John Santoro, Alix Sklavenitis, Terry Smithers, David So, Chee Hung Thistle, David Thorpe, Wendy Tome, John B. Tower, Anne Tymkiw, D.W. Wilson, Steve Wong, Kenney Woodland, Clark

Our DonorsJAWORk REAdINESS, ENTREpRENEURSHIp FINANCIAL LITERACy

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JCorporate ChampionsThe Corporate Champion Program acknowledges organizations that contribute financially and/or commit to providing a certain number of volunteers during a fiscal year.

Hero - $25,000 and over / 25 + volunteersHSBC Bank Canada RBC Royal Bank TD Canada Trust

Ambassador - $25,000 and over / 10 + volunteersCIBC Scotiabank GroupTELUS

Role Model - $10,000 and over / 10 + volunteersAccentureBC HydroBMO Bank of MontrealCoast Capital SavingsRotary International

Associate - 10 + volunteersBritish Columbia Securities CommissionInvestors Group Inc.Staples Business Depot

Heritage Donors Successful delivery of Junior Achievement’s business education programs would not be possible without the continued support of key donors. Junior Achievement of British Columbia has established the Heritage Donors Program to recognize cumulative donations since 1999.

Founders - $1,000,000 and over Government of British Columbia Lotte & John Hecht Memorial Foundation

Visionaries - $250,000 and overAusteville Properties Ltd.British Columbia Securities CommissionCIBCHSBC Bank CanadaInstitute of Chartered AccountantsRBC FoundationWestern Economic Diversification Canada

Leaders - $100,000 and overBell Canada BMO Bank of MontrealScotiabank GroupTD Canada TrustTELUS

Gift in KindBusiness Examiner Thompson OkanaganCommunity Futures Thompson CountryCompugen Inc.Grant Thornton LLPGreater Victoria Chamber of CommerceLondon Drugs Ltd.Mclean, Steve J., Hewlett-Packard (Canada) Co.Page One PublishingSFU Segal Graduate School of BusinessThe PortablesThompson Rivers UniversityThrifty FoodsUniversity of VictoriaVancouver Island UniversityWhite Spot RestaurantsWrench CreativeXerox Canada Ltd.

Business Laureates of BC Gala Dinner Presenting Sponsor - $30,000Scotiabank Group Fasken Martineau DuMoulin Speaker Sponsor - $20,000Canfor Corporation / Canfor Pulp Limited Partnership

Laureate SponsorPinton Forrest & Madden

Platinum Sponsor - $10,000Austeville Properties Ltd.BC Lottery CorporationBlack Press Group Ltd. - Island Publishers DivisionBoston Pizza International Inc.Bull, Housser & Tupper LLPCanaccord Capital CorporationDeloitteFinning International Inc.Joseph Segal Family FoundationPolygon Homes Ltd. TELUSThe Jim Pattison GroupThe Keg Restaurants Ltd.

Gold Sponsors - $7,500A & W Food Services of Canada Inc.Farris, Vaughan, Wills & MurphyHSBC Bank CanadaImperial Oil FoundationParkLane Homes Ltd.RBC Royal BankRitchie Bros Auctioneers Inc.TD Canada TrustTeck

Silver Sponsors - $5,000Accenture BC HydroBC Lions Football Club Inc.British Columbia Transmission CorporationCAI Capital Management Co.Capilano Suspension BridgeCatalyst Paper CorporationCIBCColliers InternationalConcert Properties Ltd.Imperial Parking Canada CorporationInternational Forest Products LimitedKPMG LLPOpus HotelPricewaterhouseCoopers LLPProgressive Construction Ltd.Sauder Industries LimitedScott Construction GroupSimon Fraser UniversityUBC - Sauder School of BusinessUniversity of VictoriaWesbild Holdings LimitedWest Fraser Timber Co. Ltd.

Gala Donors Adera Development CorporationBell-Irving, HarryFord, Donna M.

Media SponsorsBCBusiness MagazineGlobal BCThe ProvinceThe Vancouver Sun

Gift in KindOh Boy ProductionsThe PortablesQuails’ Gate Estate Winery

AOur Donors


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Balance Sheet

Statement of Financial Positionyear Ended June 30, 2009

2008

$ 497,768 455,200 155,272

13,079 1,121,319

1,207,159 79,968

2,408,446

67,045 450,000 388

517,433

850,353 67,660 -

1,435,446

11,920 961,080

973,000

$ 2,408,446

AssetsCurrent Cash and cash equivalents Investments Interest and other receivables Prepaid expenses

Long term investmentsEquipment

LiabilitiesCurrent Accounts payable and accrued liabilities Deferred contributions, externally restricted Current portion of obligation under capital lease

Deferred contributions, externally restrictedDeferred contributions related to equipmentObligation under capital lease

Net Assets Invested in equipment Unrestricted

2009

$ 450,530 1,519,933

129,458 1,113

2,101,034

729,600 78,320

2,908,954

52,297

600,000 3,261

655,558

1,028,001 45,038 16,165

1,744,762

13,856

1,150,336 1,164,192

$ 2,908,954

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

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JAWORk REAdINESS ENTREpRENEURSHIp FINANCIAL LITERACy

Statement of Operations

Statement of OperationsYear ended June 30, 2009

2009

$ 907,690 619,110 516,570 51,615 25,842

22,622

2,143,449

1,117,616 291,889 247,580

84,442 74,328

53,521 33,174 12,335

43,500 2,415

1,960,800

182,649

8,543

$ 191,192

2008

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

24,756

1,770,277

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

-

1,786,031

(15,754)

60,873

$ 45,119

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

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

(Deficiency) excess of revenue over expenses before undernoted

Unrealized gain on investments

Excess of revenue over expenses

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AWORk REAdINESS ENTREpRENEURSHIp FINANCIAL LITERACy

Board of Directors and Committees

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

Board of Directors ChairBRIAN PHILLIPSRBC Phillips, Hager & North Investment Counsel

NORM ATTRIDGETD Canada Trust

BARBARA BRINKApplied Strategies Ltd.

DORIS CHANGBMO Bank of Montreal

DIANE DENTAccenture

CASEY FORRESTPinton Forrest & Madden

GREG GARNETTGarnett Capital Corporation

DON GOULD

TRUDY HOFLEYScotia Private Client Group

MILES LAINGMackay LLP

LINDA LARSONSmall Business Roundtable

CAROLE MACFARLANEVancouver School Board

TIM MANNINGRBC Royal Bank

MICHAEL MORETTOBritish Columbia Securities Commission

LOIS NAHIRNEYTeekay Shipping (Canada) Ltd.

RICK PETERSONPeterson Capital Corp.

DAVID SMITHERSSierra Systems Consultants Inc.

GAYLE STEWART University of British Columbia

WENDY THORPEHSBC Bank Canada

DARRELL J. WICKSTROMFasken Martineau DuMoulin

STEVE WILSONDuchess Consulting Services

Fundraising Committee ChairTIM MANNINGRBC Royal Bank

Co-ChairROBIN DHIRTwin Brook Developments Ltd.

Co-ChairDAVID THISTLEColliers International

DAVID R. BAINBull, Housser & Tupper LLP

STUART BALLANTYNE2009 World Police and Fire Games

CRAIG CAMPBELLPricewaterhouseCoopers LLP

JAY GARNETTThe Whitefish Group

IAIN JOHNSTONEPeople First Solutions Inc.

BRIAN MCCAULEYConcert Properties Ltd.

STUART MCLAUGHLINGrouse Mountain Resorts Ltd.

RICK PETERSONPeterson Capital Corp.

MARISSA PORATTO-CLEGHORNMacDonald, Dettwiler & Associates Ltd.

ALEX READThe Business Growth Hub

Okanagan Committee ChairMILES LAING Mackay LLP

MERYLE CORBETTKelowna Flightcraft Group of Companies

LISA L. LAINGOculus Management

NORM METCALFCommunity Futures Development Corporation

JAMIE MORROWOkanagan College

MYRNA PARKMax-U.Com Inc.

ELISHA RIBEIROThe Great West Life Assurance Company

SANTHY YEAGER

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Vancouver Island Committee ChairGREG GARNETT Garnett Capital Corporation

SHAUNA BENSONInvestors Group Inc.

MARK DEMEDEIROSIsland Savings Credit Union

THOMAS FERRISSchool District No.61 (Greater Victoria)

DAVID PAULL MURRAYTTG International Marketing Inc.

SCOTT PHILLIPSStarfish Medical

JOE POLARDAccounts Recovery Corporation

JOHN SAUNDERSMadrona Consulting Inc.

MIKE SHANNONMike Shannon & Associates

Prince George Committee ChairDON GOULD

LESLIE GILCHRISTGilchrist Financial

VALERIE GILES

JOHN KASONGlobal Securities Corporation

SCOTTY RAITTPJSR Consulting

GAIL ROBERTSKelly Road Secondary School

Business Laureates of British Columbia Hall of fame 2009 Gala Dinner and Induction Ceremonies Cabinet

ChairCONRAD PINETTECondor Holdings

Vice-ChairBARBARA BRINK, C.M., O.B.C.Applied Strategies Inc.

Past-ChairJOHN C. KERR, C.M., O.B.C., LL.D.Lignum Investments Ltd.

Past-ChairJIM SHEPARDCANFOR

Ex-OfficoCASEY FORRESTPinton Forrest & Madden

Cabinet MembersBRAD BENNETTMcIntosh Properties Ltd.

KEVIN D. BENTThe Vancouver Sun/The Province

LINDA BILBENReputations

ROBIN DHIRTwin Brook Developments Ltd.

DON GOULD

REBECCA GRANTUniversity of Victoria

WAYNE HARTRICKReputations

KELLY HEEDColliers International

TRUDY HOFLEYScotia Private Client Group

GEORGE HUNGERFORD, O.C.George W. Hungerford Law Corporation

MORAY KEITHDueck Auto Group

JERRY LAMPERT

TERRY LYONSNorthgate Minerals Corporation

ROBERT MCFARLANETELUS

SUSAN PAISHPharmasave

BRIAN PHILLIPSRBC Phillips, Hager & North Investment Counsel

JOHN SCOTTScott Construction Ltd.

JOHN WEBBERCIBC

JOHN WINTERBC Chamber of Commerce

SUSAN YURKOVICHBC Hydro

24


Staff Listing

Provincial OfficeJAN BELL-IRVINGPresident & CEO

ANNE TOWERVice President, Programs

ALIX SANTOROVice President, Development

CHRISTOPHER HINDLEManager, Marketing and Communications

LISA LOCKERBYSpecial Events Coordinator

ZAHRA ESMAILDevelopment Coordinator

BARB JONESProgram Manager, High School Programs

URSULA KLEINMarketing Manager, High School Programs

IVY CHANProgram Manager, Middle School Programs

EVAN YANGProgram Manager, Elementary School Programs

ESTHER LEEOffice Manager

LINDA WHITEHEADAdministrative Assistant

HEATHER SCHELLENBERGBookkeeper

Fraser Valley RegionLAURA ADDINALL Program Manager, Fraser Valley

Okanagan RegionBETH VEENKAMPRegional Manager, Okanagan

DARLENE BRULEProgram Manager, Okanagan

STEPHANIE MOOREProgram Coordinator, Okanagan

Kamloops RegionGEMMA GOWLINGRegional Manager, Kamloops

Vancouver Island RegionDEBORAH WAKEHAMRegional Manager, Vancouver Island

JENNY LEARYProgram Coordinator, Greater Victoria

CHARLAYNE JONESProgram Manager, Nanaimo and North Island

Prince George RegionJACK HOOPERProgram Manager, Prince George

25

JA


J26

On behalf of the students,

thank you for supporting

Junior Achievement of British Columbia AWORk REAdINESS ENTREpRENEURSHIp FINANCIAL LITERACy

JThe 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 – A Student Venture are all trademarks of Junior Achievement of Canada.

BC provincial officeSuite 110 – 475 West Georgia Street

Vancouver, BC V6B 4M9

Tel: 604-688-3887Fax: 604-689-5299

Email: [email protected]

www.jabc.org

Charitable Registration #11897 – 6166 RR0001

Vancouver Island RegionTel: 250-380-6765Fax: 250-474-2767

Fraser Valley RegionTel: 604-514-8850Fax: 604-514-8850

Okanagan RegionTel: 250-765-2637Fax: 250-765-4155

Kamloops RegionTel: 250-828-7901Fax: 250-828-7905

Prince George RegionTel: 250-563-3948Fax: 250-563-3941

A

Documents

JA British Columbia 2008-09 Annual Report