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Summer has arrived in the Rocky Mountains, and with it comes holiday travel, gardening, family time, summer camp, and of course, for some of you, Voluntourism. For others, summer is also a great time to consider your personal giving calendar to not leave everything to the end of the year and holiday giving. However you choose to spend your summer months, we hope you have fun, stay safe and enjoy all that nature offers!
What have we been up to?
This past spring, we helped facilitate our first round of Indigenous Grant-Making with the Silver Gummy Foundation. This has been a learning journey for our team and clients as we navigate the recommendations from the Truth & Reconciliation Commission and how those recommendations apply to non-Indigenous funders.
The Braun Family launched Road2Racing, the first of its kind in Canada. This Amateur Athletics Charity supports youth across Canada to get into motorsports. This has been an amazing journey for both the family and their network of motorsports enthusiasts. We are very excited to see what new heights this organization will reach.
At the Family Enterprise Canada Symposium, Gena moderated a panel discussion with family businesses integrating the United Nations Sustainable Development Goals into their business operations and charitable activities. You can read more about this and the work we are doing with families in our article: What is a BCorp and How does it connect with Family Offices?
All the best over the summer holidays, and we will connect with you in the fall!
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Doing Well & Doing Good - Feature Companies
We love companies that are in business for good. This quarter we feature two Calgary-based socially conscious companies, Local Laundry and Friday Sock Co. Both companies, started as side projects by ambitious entrepreneurs, are now well-known Calgary brands that give back to the communities that helped them grow.
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Inspired by a temperamental washing machine in Sweden, Connor Curran started Local Laundry to produce quality, Canadian-made, ethical and sustainable apparel. Learn more about how Local Laundry supports communities across Canada. | |
Local entrepreneur Adam Thompson started Friday Sock Co. as a side business while working in corporate sales. Eight years later, $150,000 and 50,000 pairs of socks have been given back into the community. Learn more about Friday Sock Co. and the causes they support. | |
Upcoming Event
For Family Foundations and
Donor-Advised Fund Account Holders
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Paul Born
Date: September 10th, 2023
10 am MDT via Zoom
Join Karma & Cents for our next “In Conversation With…” where we will be discussing Paul's new book Breakthrough Community Change, a practical guide to whole community change.
Paul is the author of five books, including two best sellers (Deepening Community and Community Conversations). Click here to purchase Breakthrough Community Change.
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Paul Born is the Co-founder of Tamarack Institute and, for 20 years, was the CEO/Co-CEO. He is the founder and the former director of Vibrant Communities, a national network of nearly 500 cities and communities ending poverty, deepening community, building youth futures and advancing climate transitions.
Before that, Paul founded and served as the CEO of the Community Opportunities Development Association (CODA). CODA was awarded the distinguished United Nations Best Practices (Top 40) award for its community economic development work in the Waterloo Region of Canada. Paul’s newest venture is founding BE Community Ltd., a consulting company whose mission is to support communities to discover and realize breakthrough community change.
Registration is restricted to funders, family foundation leadership and DAF account holders. Please email for more information.
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Featured P2G Donor Advised Funds
Click the links below to read about the P2G Donor Advised Funds and projects we highlighted this quarter. Follow us on LinkedIn or Twitter to learn more about the Donor-advised Funds we support.
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Foundation Resource Articles
Karma & Cents helps family foundations solve wicked social problems. From investment strategies to current events and social impact labs, follow us on LinkedIn or Twitter to see more. Contact us Here to learn how we can help your foundation maximize impact on the issues you care about.
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Laurie Leier
Karma & Cents welcomes Laurie Leier to the Converge Mental Health Coalition!
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An accomplished manager of non-profit arts organizations in Calgary, Alberta, Canada, Laurie runs a consulting business she founded in 2008. With clients ranging from small theatre groups to Calgary’s municipal arts funding body, Laurie has helped heighten the impact of these not-for-profit organizations by conducting system-wide reviews, creating resource development plans and coordinating research studies and reports.
A past volunteer on numerous non-profit Boards of Directors, Laurie currently shares her project management and leadership talents with organizations involving her son. Laurie is an alumnus of the Leadership Calgary Class of 2003 and Calgary.Inc Magazine’s Top 40 Under 40.
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Changemakers Solving Wicked Social Problems - Affordable Housing & Philanthropy
In February 2023, forty-five Canadian Foundations penned a letter to the Honourable Chrystia Freeland, P.C., M.P., Deputy Prime Minister and Minister of Finance, and the Honourable Ahmed Hussen, P.C., M.P., Minister of Housing and Diversity and Inclusion regarding the National Housing Strategy (“NHS”).
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Resources for Advisors & Donors
Did you know that Karma & Cents' website has a wealth of resources to help you on your journey to Philanthropy 3.0, including guidance on charitable giving, social impact investing, and legacy planning? Each newsletter we will highlight some of these resources and where to find them.
Karma & Cents has a Bookshelf on our website. Check it out today to find great reads on philanthropy, giving, community, family foundations and legacies, wealth and more. Do you have a recommendation of a book that should be added? Contact us to share the title.
Do you keep track of your digital footprint? Check out our Digital Footprint Checklist, a chart to track your passwords and accounts for yourself, as well as Next of Kin and Executor of your Estate.
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From Charity to Change - Book Review | |
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In May, we sat down with Hilary Pearson about her latest book, From Charity to Change.
There has been substantial change in the foundation world over the past 20 years; change in how they practice and engage, how they invest, and the part technology has played in foundation evolution.
In her book, Hilary tells the story of why foundations matter in our social and economic ecosystem. Foundations and philanthropy are about caring for others; charity and change. The book discusses the evolution of how foundations play a large role in social change.
Why do Foundations matter? This book tells the stories of 20 Canadian foundations whose work has evolved over the past 20 years, their growth and the impact they have had.
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