Momentum 2011 Year in Review

Extending our Reach

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Inspiring Change

Jim Gray

Officer of the Order of Canada &
Momentum Community Champion

Champions

of our work

The Community Builders

$50,000+

The Sustainers

$10,000+

The Asset Builders

$5,000+

The Foundation Builders

$1,000+

The Change Seekers

$500+

The Stabilizers

$100 - $500

Volunteers

and Board of Directors

Our Funding Partners

Our Thanks

First and foremost, we want to acknowledge that we could not do this alone. Your investment of time or money makes our work possible. To all of you, including those who prefer to remain anonymous, our heartfelt thanks. Together we will reach our vision.

Working Together

Amal Umar

Immigrant Access Fund Society
President

Building Capacity

Margo Park

Aventa Couselor &
Train the Trainer Participant

27.0%

United Way of Calgary & Area

20.1%

Provincial Government

13.0%

Federal Government

10.5%

Public & Private Foundations

10.2%

Donations

9.7%

Corporate Foundations

6.1%

City of Calgary (FCSS)

3.4%

Self-generated Income

30.6%

Sustainability Reserve Fund

6.7%

Capital Reserve Fund

3.7%

Strategic Reserves

18.5%

Deferred Revenue

17.7%

Payables

17.2%

Loan Funds

3.2%

Endowment Fund

2.4%

Net Investment in Fixed Assets

2011 Revenue

$5,535,213

2011 Liabilities & Reserves

$4,265,088

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Audited Financial Statements

112

Participants

graduated from a matched-savings program

$276,280

Matched Savings

was cashed out to buy assets: tools for work, education for self or child, household goods and homes

226

Assets

were purchased

196

People

learned skills to launch or grow their business

58

Businesses

were launched by participants in business development programs

82

Jobs

were created by recipients of Fundability and Micro Business loans

101

New Canadians

received an Immigrant Access Fund loan to work in their field

97%

Repayment Rate

of Immigrant Access Fund loans

70%

IAF Loan Recipients

were were employed in their field

682

Parents

attended a StartSmart workshop

98%

Increased

their knowledge of budgeting

233

RESPs

were opened

Momentum's Programs

The programs we've been refining for the past 20 years are at the heart of everything we do at Momentum.

The Skills training programs focus on trades training with immigrant and aboriginal participants. The Business Development programs work with individuals who face barriers to traditional employment and are interested in setting up micro-businesses. The Financial Literacy programs build knowledge and confidence through workshops and matched-savings programs.

Finding a Way

Laura Speakman

Women's Venture Accelerator &
Peer Support Coaching Participant

Succeeding Together

Brian Hill

Momentum
Fund Development Coordinator

Living Our Values

Tracey Theal

Momentum
Chair of the Board

Walter Hossli

Momentum
Executive Director