Contents• Background/Goal• How the Fund Works• Fund’s Mandate

• Fund’s Progress/Initiatives• Future Plans/Expectations

• Major Donors• Making Donations• 2020 Fund Needs You

Background/Goal

• Started in 2000 by Squash BC (initially called 20/20 Vision Program)

• Supporting/promoting junior squash seen as critical to game’s future survival

• External sources of funding increasingly unreliable (in 2009, BC government announced substantial cuts in sports funding)

• Secure source of long-term funding needed• Goal – raise $200,000 by 2020

How the Fund Works

• 2020 Fund Committee oversees Fund’s operations• Members appointed by Squash BC• Current Committee

• Funds held and invested by the Vancouver Foundation

Allan Brown (Chair)Kevin KyddDave Leman

Andrew LynnRobert PaceySue Wastie

How the Fund Works (cont’d)

• Advantages of using Vancouver Foundation:– Funds held at arms length from Squash BC• Protected from claims by Squash BC creditors• Avoids possible prejudice of Squash BC’s external

sources of funding– Part of $700 million fund managed by a combination of

specialized investment management firms.– Access to online donation capability.– Low costs for investment management and administration

– only 0.7% of 2020 Fund balance (less than $900 per annum currently)

– Donations are tax deductible. Tax receipts issued for donations of $25 or more

Fund’s Mandate(To be confirmed by Squash BC)

Distributions from the 2020 Fund will be focussed primarily on the following:

• Grassroots programs that expand the base of junior players;

• Programs that encourage junior players to remain active in squash;

• Upgrading junior coaching skills; and• Encouraging junior role models.

How is the Fund Progressing?

• Fund balance at 30.06.09 - $152,000• Growing support from squash community– New donations in 2009 - $21,450

(first 6 months only)– # of donors - 67– Average new donation - $320

• Increasing number of tournaments/events raising money for the 2020 Fund annually

Fund’s Growth ($,000’s)

0

20

40

60

80

100

120

140

160

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009(30/6)

Strong Progress in 2009

• After experiencing investment headwinds in 2008, the Fund finally benefited from the turn around in the investment markets in the second quarter of 2009.

• The combination of positive investment performance and continuing strong level of donations has significantly boosted the Fund balance in the first half of 2009.

Fund Raising Initiatives

• Squash BC membership renewal– Automatic online link to 2020 Fund donation page

• 2020 Fund Club Challenge– Events organized by clubs that support the 2020 Fund– Winners: The Bentall Club (2007), Arbutus Club (2008)– Ken Cummane Trophy presented to winner at BC Closed

Awards Dinner• Junior tournaments

– 50/50 draws and direct solicitation• 2020 Fund Newsletter

– Coming in 2009

Future Plans/Expectations• Our goal is to:– Reach $200,000 in 2010;– Begin distributing funds to Squash BC for

promotion of junior squash in 2010.• Fund will continue to grow after initial target

reached through ongoing donations and investment earnings.

• 2020 Fund expected to have a major impact on funding available for junior squash development.

Major DonorsChampion Donors ($10,000+)

Kenneth Cummane FoundationJoyce & Tony Maycock

Platinum Donors ($5,000 - $9,999)Allan Brown

In Memory of Edward H. (Eddie) GudewillIn Memory of John Burris

Platinum Donors ($1,000 - $4,999)

Ben Moxon

Bob Hays

Clackson Family

Corina & Andrew Lynn

Fouchard Family

George Morfittt

Graham Brown

Gudewill Family

In Memory of Edward (Uncle Ed) Warner

John Brown

Moy Family

Murray Olson

Pamela Bendall

Shawn Patton

Steve Maloon

Susan & Kevin Kydd

Tim Bale

Trevor Thom

Making Donations

Option 1 – Make Donation Online by Credit Card• Go to www.squashbc.com• Click on 2020 Fund• Open “To Contribute” page• Follow link to Vancouver Foundation website.Option 2 – Complete Donation Form• Form available by going to www.squashbc.com and

clicking on link to 2020 Fund • Mail to Squash BC with cheque (if applicable)