1. To inspire and educate young Canadians
to experience free enterprise, understand
business and economics, and develop
entrepreneurial and leadership skills.
Annual Report 2005 - 2006
J UNIOR ACHIEVEMENT OF BRITISH COLUMBIA
2. 3 Our Mission, Essence and Values3 Our Mission, Essence and Values
4 Message from the Chair and President4 Message from the Chair and President
5 Our Impact5 Our Impact
6 JABC Highlights6 JABC Highlights
7 Business Laureates of British Columbia Hall of Fame7 Business Laureates of British Columbia Hall of Fame
8 Powerful Partnerships8 Powerful Partnerships
10 Meet Our Role Models10 Meet Our Role Models
12 A Place to Succeed12 A Place to Succeed
14 Our Dedicated Donors14 Our Dedicated Donors
16 Statement of Financial Position/Operations16 Statement of Financial Position/Operations
18 Board Members and Committees18 Board Members and Committees
19 Staff19 Staff
TABLE OF CONTENTS
3. Our mission is to inspire and educate
young Canadians to experience free
enterprise, understand business and
economics and develop entrepreneurial
and leadership skills.
JABC is passionate people inspiring BC’s
youth to learn the economics of life!
Entrepreneurial Spirit
Excellence
Integrity
Joy
Life-long Learning
Relationships
Stewardship
Volunteerism
OUR MISSION OUR ESSENCE VALUES
ANNUAL REPORT 2005 - 2006 JUNIOR ACHIEVEMENT OF BRITISH COLUMBIA 3
4. Business education is more important
than ever. Small business represents
98% of all our small businesses and
accounts for 57% of private sector
jobs. Junior Achievement of British
Columbia (JABC), in partnership with
our stakeholders, is helping to build the
business leaders of tomorrow, giving
youth the skills they need to compete in
a competitive and global market.
Our programs continue to inspire,
enlighten and educate, as we embrace
change in our province. This year, the
Board of Directors approved a new
Strategic Plan that will boldly guide
us over the next three years. The
plan lays out three goals – program
relevancy; sustainability; and operational
excellence. A number of initiatives are
already underway.
One such initiative was the creation
of the Business Laureates of BC Hall
of Fame. This announcement was met
with an overwhelming response from
the business community and three
inaugural Laureates were inducted at a
Gala Dinner and Induction Ceremony in
May. Our special thanks to Jim Shepard,
Chair, and Barbara Brink, Co-Chair, for
their strong leadership and dedication
to this hugely successful event.
In May, JABC was awarded a $2 million
grant from the provincial government.
This new funding will provide us with
the opportunity to expand our reach in
a measured and focused way ensuring
access to JA programs in communities
not served in the past.
Nevertheless, our existing and long-
standing donors remain essential to
our success, as the province’s funding
will be used specifically for expansion
purposes. We simply can’t thank our
corporate and individual donors
enough for their generosity and
continued belief in our mission.
Our commitment to involve the
community partners extends across the
province. In January, we hired Anne
Sashikata as Community Relations
Manager. The position was created to
ensure we have the resources to build
key relationships and recruit volunteers
who advance the education and future
achievements of youth.
This year approximately 860 volunteers
mentored over 26,000 JA students.
Our volunteers are the ones who
bring the real world of work into
the classroom and inspire the next
generation of business leaders. We
could not deliver our programs without
them and we thank them for their
dedication and enthusiasm!
And, of course, we are very proud
of our JA students who continue to
surpass our expectations. Again, this
year, they participated on national and
global stages, representing BC and
Canada in conferences and competitions
across North America.
JABC’s future is filled with ambitious
plans, led by a bold vision of expansion.
With the ongoing support from our
donors, volunteers and educators, JABC
will accomplish this while ensuring we
maintain the quality and commitment in
communities we already serve.
Steve Wilson
Chair, Board of Directors
Jan Bell-Irving
President
4 JUNIOR ACHIEVEMENT OF BRITISH COLUMBIA ANNUAL REPORT 2005 - 2006
“Our programs continue to inspire, enlighten and educate,
as we embrace change in our province.”
MESSAGE FROM THE CHAIR AND PRESIDENT
5. ANNUAL REPORT 2005 - 2006 JUNIOR ACHIEVEMENT OF BRITISH COLUMBIA 5
Elementary School (Grades 3 to 7)
Linking the Classroom to the Business World
The Business Basics Series 310 classes 9,300 students
Middle School (Grades 8 to 10)
Developing Life-long Skills for Everyday Use
Economics of Staying in School (ESIS) 217 classes 6,510 students
Dollars with Sense 234 classes 7,020 students
Investment Strategies Program (ISP) 47 classes 1410 students
High School (Grades 11 and 12)
Preparing for the Workplace
Company Program – A Student Venture 22 classes 660 students
JA Titan 50 classes 1500 students
Total Students Reached
in British Columbia in 2005 – 2006:
26,400
Irene Peng, a grade nine student at Killarney Secondary School in Vancouver
participated in JABC’s Investment Strategies Program (ISP), and won the ‘Invest
JA’ Stock Market Simulation – Top BC Team for Spring 2006. Irene, who called
herself “Team Ipeng” for the competition, ended with a portfolio value of over
$170,000, a return on investment (ROI) of $70,000 in just six weeks!
“The Invest JA Simulation has really taught me the importance of taking risks and
stepping out of my comfort zone. Currently, I’m investing (for real) in a few companies
and later this year, I plan to focus on my art.”
Irene Peng, 2006 winner of Invest JA
OUR IMPACT
6. Devon Webster and Alicia Woodside, JABC Entrepreneurial
Spirit Award winners and students from Centennial Secondary
School in Coquitlam, founded the Centennial Business Club as
part of JA’s Company Program. In 2006 their company won the
CIBC Student Venture of the Year and the National Company of
the Year Awards.
“Junior Achievement allowed me to connect with others with similar
ambitions, and gave me an edge to be accepted directly into the
Commerce program at UBC this year.”
Alicia Woodside
JA Students Succeed JA Celebrates JA Plans for the Future
• In August 2005, students from Mount
Douglas Secondary School in Victoria
won Junior Achievement Canada’s
National Company of the year Award
• Team “Eagles 1” from Richmond
Secondary School competed against
23 other teams and won the Final
round of the BC Business Challenge
in January 2006.
• JA students in Vernon represented
Canada at the Hewlett-Packard
Global Business Challenge in
California
• JABC Victoria Regional Office
wrapped up the 50th Anniversary
celebration with a mix and mingle
event in September 2005
• “A World of Choices-Vancouver”
Career Conference celebrated five
years of inspiring young women to
reach their career goals
• Victoria Regional Office pilots a
combined young men’s and women’s
“A World of Choices” event in
November 2005
• In May 2006, the Provincial
Government announced a $2 million
grant to expand JA programs across
the province
• In May 2006, JABC launched the
Business Laureates of BC Hall of
Fame honouring individuals, past
and present, for their outstanding
achievements in business and
contributions to British Columbia
JABC HIGHLIGHTS
6 JUNIOR ACHIEVEMENT OF BRITISH COLUMBIA ANNUAL REPORT 2005 - 2006
7. Each year, new Laureates will be
formally welcomed into The Business
Laureates of BC Hall of Fame at
the Gala Dinner and Induction
Ceremonies. Nominated by their
peers, inductees are selected following
a careful review of all nominations by
our independent Selection Committee
— a distinguished panel representing
BC’s foremost business, academic and
media institutions.
They Built. We Benefit.
These words represent the foundation
of the Business Laureates of British
Columbia Hall of Fame. While they
may have succeeded in different
industries, at different times in our
history, and in different parts of
our great province, the Laureates
who have the respect of their peers,
exemplify excellence, integrity, and
sound business ethics. Their careers
are legendary.
The Canadian Business Hall of Fame
previously inducted 136 exemplary
leaders from across the country
and we honoured the twelve British
Columbia Laureates at a special
luncheon on February 16, 2006.
They included:
Irving Ike Barber O.C. O.B.C.
Charles Bentall
L.L.G. (Poldi) Bentley
Hon. John V. Clyne C.C.
Frank A. Griffiths F.C.A.
Dr. Norman B. Keevil O.C.
Leon J. Koerner
H.R. MacMillan C.C.
G.W. Grant McConachie
William M. Mercer
Jim Pattison O.C. O.B.C.
Charles Woodward
Vision. Leadership.
Integrity. Legacy.
On May 18, 2006 we welcomed
Thomas J. Foord O.B.C., John S.
MacDonald O.C., and Donald B. Rix
MD, O.B.C., as the three inaugural
Business Laureates of BC at the Gala
Dinner and Induction Ceremonies.
The award presented to each Laureate
acknowledges the spirit of the greatest
leaders and mentors in our province.
These Laureates have demonstrated
a Vision unique among their peers,
provided Leadership to move others to
achieve their goals, led their lives with
true Integrity and built Legacies that
will enrich those who follow.
The inaugural inductees, along with
the 12 Canadian Business Laureates,
will lay the foundation for their peers
and future Laureates as the Business
Laureates of British Columbia Hall of
Fame becomes the place of honour
for our greatest business leaders
and mentors. Their stories will be
preserved for generations to come.
Leaving Legacies
Junior Achievement British Columbia (JABC)
is proud to announce the newly formed
Business Laureates of British Columbia Hall
of Fame. Created to honour the outstanding
contributions of BC business leaders to our
province and country, the Hall of Fame will
stand as a testament to the positive legacy
they provide to the enterprising youth of
British Columbia.
Thomas J. Foord
O.B.C.
John S. MacDonald
O.C.
Donald B. Rix
MD O.B.C.
BUSINESS LAUREATES OF BRITISH COLUMBIA HALL OF FAME
ANNUAL REPORT 2005 - 2006 JUNIOR ACHIEVEMENT OF BRITISH COLUMBIA 7
8. Provincial Government Austeville Properties Western Economic
Diversification Canada
In May 2006, the Provincial
Government announced it would
provide a $2 million grant to
help expand Junior Achievement
throughout BC. The funding, provided
by the Ministry of Small Business
and Revenue, and the Ministry of
Education, will be used to ensure JA
programs will be available to all school
districts by 2010.
“We want more students to have basic
business and financial skills, and these
school programs will give young people
the knowledge and confidence they
need to thrive in our fast-paced world.
Junior Achievement’s programs will help
train and inspire new generations of
entrepreneurs, innovators and business
leaders.”
The Honourable Gordon Campbell
Premier of British Columbia
For 14 years Austeville Properties
has provided Junior Achievement of
British Columbia with much needed
office space in downtown Vancouver.
This significant gift means that we
have been able to use more of our
development dollars to directly service
youth through our business education
programs. Austeville Properties
understands the vital role JABC plays
in educating young people and the
importance of providing innovative
business opportunities to students.
By supporting JABC since 2001,
Western Economic Diversification
Canada (WD) has been able to make
a direct investment in activities that
develop and diversify the Western
Canadian economy. Our programs
that have benefited from their
funding include JA Titan, “A World of
Choices” Career Conferences, and
the BC and Inter-Provincial Business
Challenges. WD has also played an
enormous role in helping us sustain
communities in the North by funding
the Prince George office and providing
funds to develop community partners
throughout the province.
“Canada’s New Government proudly supports Junior Achievement British Columbia
in nurturing and inspiring future leaders. Along with many adult volunteers, we
want to help young people to have the chance to achieve their highest potential
wherever they live.”
The Honourable Carol Skelton, Minister of Western
Economic Diversification and Minister of National Revenue
POWERFUL PARTNERSHIPS Fund Development
8 JUNIOR ACHIEVEMENT OF BRITISH COLUMBIA ANNUAL REPORT 2005 - 2006
9. RBC Foundation The Lotte and John Hecht
Memorial Foundation
HSBC Bank Canada
For over 20 years, RBC Financial
Group has been supporting JABC
and most recently, specifically for
the “Economics of Staying in School”
program. With both financial and
volunteer support for this program,
they have helped thousands of
students understand the importance
of education as it relates to their long-
term career goals.
“RBC Financial Group is proud to support
initiatives that help young Canadians
realize their potential. A key area of
interest for RBC are programs that help
keep kids in school, as well as those that
provide financial literacy programs to
youth. That is why for over 20 years RBC
has been dedicated to Junior Achievements
programs including the ‘Economics of
Staying in School’ by providing financial
support and RBC employees
as volunteers.”
Tim Manning
Regional Vice-President,
Commercial Banking, BC
RBC Financial Group
The Lotte and John Hecht Memorial
Foundation is one of JABC’s longest
standing donors. Supporting JABC
since 1976, their mandate is to support
economic education that promotes
the principles of a free market. Their
funding has contributed to the growth
of the “Company Program – A Student
Venture”, the “Business Basics” Series
and most recently the “Economics of
Staying in School” program.
HSBC Bank Canada has been a
long-standing supporter of JABC
and in 2004, they helped launch the
“Investment Strategies Program” with
significant financial and volunteer
support. This program teaches youth
to make smart, socially responsible
investment choices by instilling financial
knowledge and explaining what options
are available for saving and investing
their money.
“HSBC Bank Canada is very pleased to
support Junior Achievement of British
Columbia’s ‘Investment Strategies
Program’. This innovative program
encourages students to be financially
responsible by teaching them how to save
and invest. By supporting educational
programs such as this one, HSBC Bank
Canada seeks to build the confidence and
abilities of young people.”
Lindsay Gordon
President and Chief Executive Officer
HSBC Bank Canada
ANNUAL REPORT 2005 - 2006 JUNIOR ACHIEVEMENT OF BRITISH COLUMBIA 9
10. We are pleased to announce that Brian Phillips has won the H.E. Miskiman
Leadership Award for 2006. This award was established to recognize a
volunteer who has made a significant contribution to Junior Achievement.
Brain has been volunteering with JABC since 2002, most recently as a
member of the Board of Directors and business consultant in the ISP
program. His involvement with Junior Achievement goes back 35 years when
Brian participated in The Company Program in Edmonton.
Opposite page, clockwise from top left:
Cindy Muscroft, RBC Royal Bank;
Ricky Dhiman, Westminster Savings
Credit Union; John Hinze, BC Securities
Commission; Jody Bialowas and Clara
Clayton both from Petro-Canada
What could be more impressive
than people who donate their time,
knowledge, energy and enthusiasm
to affect the lives and learning of a
student? This year more than 860
JABC volunteers made a commitment
to help us lead and enhance the lives
of youth around British Columbia. By
sharing their own business and career
experiences, they become real-life
examples of successful people in the
business world.
Our volunteers are from a vast array of
industries and positions. Many of our
corporate supporters have recruited
and encouraged their employees to
participate. Members of community
groups and business associations have
also spent time in our classrooms. Even
business students from universities and
colleges have eagerly volunteered for
Junior Achievement programs.
The first-time volunteers like Cindy
Muscroft and Ricky Dhiman are often
surprised and delighted with their
JA experience, while our veteran
volunteers like John Hinze and Jody
Bialowas continue to challenge
themselves by signing up for different
programs and roles.
JABC would like to thank each and
every volunteer for their efforts.
Without them, we would not be able to
inspire so many youth to pursue their
dreams and reach their highest potential.
“Volunteers offer different perspectives
that may not be available in the school
classroom. I think JA plays an important
role in the development opportunities for
our youth, whether offering different ideas
and information or different challenges and
leadership opportunities.”
Brian Phillips
Winner of the H.E. Miskiman Leadership Award
for 2006
“I delivered the first session on
Organization today... and it was so
much fun! The kids were so involved in
the activity – you would not believe what
ideas they came up with... The teacher said
she was really amazed at the response of
the children. I would love to do this as
a full time job. It is a riot! I am so glad
I got this opportunity.”
Business Basics volunteer
MEET OUR ROLE MODELS Volunteers
10 JUNIOR ACHIEVEMENT OF BRITISH COLUMBIA ANNUAL REPORT 2005 - 2006
12. As the winner of the JABC Scholarship for Entrepreneurial Studies in 2006,
Anthony Darcovich excelled as the CEO and President of the JA Business
Club at Semiahmoo Secondary School in White Rock South Surrey.
Anthony was instrumental in the initial planning stages of the club, by using
his leadership skills to encourage other students to participate.
“The Junior Achievement program has given me the foundation from which one
day I can establish my own business.”
Anthony Darcovich, Grade 12, JA Company Program student
Abbotsford
Abbotsford Christian School
Alexander Elementary
Auguston Traditional Elementary
Blue Jay Elementary
Clayburn Middle School
Dr. Thomas A. Swift Elementary
Dunach Elementary
Harry Sayers Elementary
King Traditional School
Mountain Elementary
Mt. Lehman Elementary
Rick Hansen Secondary
Robert Bateman Secondary
Sandy Hill Elementary
Simpson Traditional Middle School
South Poplar Traditional Elementary
Terry Fox Elementary
W J Mouat Secondary
William A. Fraser Middle School
Bulkley Valley
Houston Christian School
Burnaby
Brantford Elementary
Brentwood Park Elementary
Burnaby Continuing Education
Burnaby North Secondary
Capital Hill Elementary
Carver Christian High School
Cascade Heights Elementary
Chaffey-Burke Elementary
Clinton Elementary
Gilmore Community Elementary
Inman Elementary
Kitchener Elementary
Montecito Elementary
Morley Elementary
Seaforth Elementary
Storefront Alternate Program
Suncrest Elementary
Twelfth Avenue Elementary
Westridge Elementary
Windsor Elementary
Central Okanagan
Anne McClymont Elementary
Belgo Elementary School
Casorso Elementary
Chief Tomat Elementary
Constable Neil Bruce Middle School
Dorothea Walker Elementary
Dr. Knox Middle School
Ellison Elementary
First Lutheran Christian School
George Elliot Secondary
Glenmore Elementary
Glenrosa Elementary
Glenrosa Middle School
Immaculata Regional High School
Kelowna Senior Secondary
KLO Middle School
North Glenmore Elementary
Okanagan Mission Secondary
Rose Valley Elementary
Rutland Elementary
Rutland Middle School
Shannon Lake Elementary
South Rutland Elementary
Springvalley Middle School
St. Joseph Elementary School
Watson Road Elementary
Chilliwack
A D Rundle Middle School
Cheam Elementary
Evans Elementary
Promontory Heights Community
Strathcona Elementary
Vedder Elementary
Watson Elementary
Comox Valley
Georges P Vanier Secondary
Highland Secondary
Coquitlam
Baker Drive Elementary
Banting Middle School
Centennial Secondary School
College Park Elementary
Como Lake Middle School
Coquitlam Alternate Basic Education
Coronation Park Elementary
Gleneagle Secondary School
Hampton Park Elementary
Heritage Mountain Elementary
Hillcrest Middle School
Kilmer Elementary
Lord Baden-Powell Elementary
Maillard Middle School
Minnekhada Middle School
Moody Middle School
Our Lady of Fatima
Pinetree Secondary School
Pitt River Middle School
Pleasantside Elementary
Porter Street Elementary
Ranch Park Elementary
Riverside Secondary
Rochester Elementary
Scott Creek Middle School
Vanier Elementary
Delta
Brooke Elementary School
Delta Secondary
English Bluff Elementary
Gibson Elementary
Heath Elementary
Seaquam Secondary
Southpointe Academy
Sunshine Hills Elementary
A PLACE TO SUCCEED Participating Schools
Junior Achievement of British Columbia extends our sincere appreciation to
the numerous schools across the province for supporting our vision. We
salute the countless teachers and educators who ensure our programs are
part of the education experience.
12 JUNIOR ACHIEVEMENT OF BRITISH COLUMBIA ANNUAL REPORT 2005 - 2006
13. Greater Victoria
Arbutus Middle School
Colquitz Middle School
Discovery School
Ecole Intermediate Cedar Hill Middle
Gordon Head Elementary
Greater Victoria Christian Academy
Lambrick Park Secondary
Lansdowne Middle School
Marigold Elementary
Mount Douglas Secondary
Pacific Christian School – Elementary
Pacific Christian School – Secondary
Reynolds Secondary
Rockheights Middle School
S J Willis Educational Centre
St. Andrew’s Regional High
St. Margaret’s
Torquay Elementary
Victoria High School
View Royal Elementary
Willows Elementary
Youth Custody Centre
Kamloops/Thompson
A E Perry Elementary
Aberdeen Elementary
Arthur Stevenson Elementary
Langley
Blacklock Fine Arts Elementary
Coghlan Fundamental Elementary
James Kennedy Elementary
Langley Fundamental Elementary
North Otter Elementary
Walnut Grove Secondary
Maple Ridge-Pitt Meadows
Edith McDermott Elementary
Fairview Elementary
Garibaldi Secondary
Hammond Elementary
Nanaimo-Ladysmith
Nanaimo District Secondary
New Westminister
Herbert Spencer Elementary
Lord Kelvin Elementary
New Westminster Secondary
Queensborough Middle School
Urban Academy
Nicola-Similkameen
Merritt Secondary
North Vancouver
Argyle Secondary
Bodwell High School
Brooksbank Elementary School
Capilano Elementary
Carisbrooke Elementary
Cleveland Elementary
Handsworth Secondary School
Lions Gate Christian Academy
Lynn Valley Elementary
Lynnmour Community School
Montroyal Elementary
Queensbury Elementary
Ridgeway Elementary
Seycove Secondary Community
Sherwood Park Elementary
St Pius X Elementary School
Upper Lynn Elementary
Westview Elementary
Windsor Secondary
Okanagan Similkameen
Okanagan Falls Elementary
Okanagan Skaha
KVR Middle School
Summerland Middle School
Wiltse Elementary
Peace River South
Chetwynd Secondary
Prince George
College Heights Elementary
Harwin Elementary
Heather Park Middle School
Kelly Road Secondary
Lakewood Jr. Secondary
Mackenzie Elementary
Mackenzie Secondary
Morfee Elementary
Prince George Secondary School
Westwood Elementary
Quesnel
Quesnel Secondary School
Richmond
A.R. MacNeill Secondary
Archibald Blair Elementary
Daniel Woodward Elementary
Garden City Elementary
Henry Anderson Elementary
J N Burnett Secondary
John G Diefenbaker Elementary
Mitchell Elementary
R C Palmer Secondary
Richmond Christian Secondary School
Richmond District Incentive Program
Richmond Secondary
Steveston Secondary
Tomekichi Homma Elementary
Westwind Elementary
Saanich
Bayside Middle School
Brentwood Elementary
Royal Oak Middle School
Stelly’s Secondary School
Sooke
Belmont Secondary
Dunsmuir Middle School
Journey Middle School
Lakewood Elementary
Pacific Secondary School
Saseenos Elementary
Spencer Middle School
Wishart Elementary
Southeast Kootenay
Mount Baker Secondary
Sunshine Coast
Chatelech Secondary
Surrey
A H P Matthew Elementary
A J McLellan Elementary
Betty Huff Elementary
Boundary Park Elementary
Brookside Elementary
Chimney Hill Elementary
Cloverdale Catholic School
Cloverdale Learning Centre
Coyote Creek Elementary
Ecole Riverdale Elementary
Erma Stephenson Elementary
Frank Hurt Secondary
Fraser Heights Secondary
Fraser Wood Elementary
Guildford Park Secondary
Holy Cross Regional High School
Jessie Lee Elementary
Johnston Heights Secondary
Kwantlen Park Secondary
Martha Jane Norris Elementary
Morgan Elementary
North Ridge Elementary School
Ocean Cliff Elementary School
Panorama Park Elementary
Prince Charles Elementary
Princess Margaret Secondary
Queen Elizabeth Secondary
Semiahmoo Secondary
Semiahmoo Trail Elementary
Sullivan Heights Secondary
Surrey Christian
Surrey Traditional
William of Orange Christian School
William Watson Elementary
Zion Lutheran
Vancouver
Carnarvon Community Elementary
Champlain Heights Annex
Clarendon Alternate Program
David Thompson Secondary
Dr. Annie B Jamieson Elementary
Dr. George M Weir Elementary
Dr. R E McKechnie Elementary
Eric Hamber Secondary
Foundation Alternate Program
G T Cunningham Elementary
General Brock Elementary
Henry Hudson Elementary
Immaculate Conception School
John Oliver Secondary
Kerrisdale Elementary
Killarney Secondary
Lord Kitchener Elementary
Lord Nelson Elementary
Magee Secondary
Nootka Community Elementary
Outreach Program
Prince of Wales Secondary
Queen Victoria Annex
Renfrew Community Elementary
Sir Charles Tupper Secondary
Sir James Douglas Elementary
Sir Wilfrid Laurier Elementary
St. John’s School
University Hill Secondary
Vancouver Christian
Walter Moberly Elementary
Waverley Elementary
West Alternate Program
Windermere Community Secondary
Vernon
Clarence Fulton Secondary
Kalamalka Secondary
Kidston Elementary
Vernon Secondary
West Vancouver
Collingwood School
Irwin Park Elementary
Mulgrave School
Rockridge Secondary
Sentinel Secondary
West Vancouver Secondary
ANNUAL REPORT 2005 - 2006 JUNIOR ACHIEVEMENT OF BRITISH COLUMBIA 13
14. Champion ($50,000 And Above)
British Columbia Securities Commission
HSBC Bank Canada
Lotte & John Hecht Memorial Foundation
Ministry of Education
Ministry of Small Business and Revenue
RBC Foundation
Western Economic Diversification Canada
Partner ($15,000 -$49,000)
Austeville Properties Ltd.
Bell
BMO Bank of Montreal
CIBC
Deloitte & Touche LLP
Djavad Mowafaghian Foundation
Fasken Martineau DuMoulin LLP
Institute of Chartered Accountants
of British Columbia
Phillips, Hager & North Investment Management Ltd.
Scotiabank Group
TELUS
Investors ($5,000 - $14,999)
Adera Group of Companies
BC Ferries
BC Hydro
BC Lions Football Club Inc.
Bentall Capital
Boston Pizza International Inc.
British Columbia Lottery Corporation
British Columbia Transmission Corporation
Bull, Housser & Tupper LLP
Canadian Forest Products Ltd.
Canadian Western Bank
Chilliwack Economic Partners Corporation
Coast Capital Savings Credit Union
Colliers International
Farris, Vaughan, Wills & Murphy
Great-West Life Assurance Company
IBM Canada Ltd.
Imperial Oil Foundation
Imperial Parking Corporation
International Forest Products Limited
Inwest Investments Ltd.
Kal Tire
Keg Restaurants Ltd.
KPMG LLP
Lignum Investments Inc.
London Drugs Ltd.
National Bank Financial
PCL Constructors Westcoast Inc
Petro-Canada
PricewaterhouseCoopers
Prospera Credit Union
Ray & Berndtson/Tanton Mitchell
Raymond James Ltd.
Rogers Video
Segal Graduate School of Business - SFU
Service Canada
TD Canada Trust
Teck Cominco Corporation
TimberWest Forest Corp.
University of Victoria
Vancouver Foundation
Vancouver International Airport Authority
Vancouver Wharves Limited Partnership
WorkSafe BC
ZLC Financial Group
In 2006 Naz Kohan earned the Award for Excellence and Leadership for her
role as the VP of Technology in her JA Company Program at University Hill
Secondary School in Vancouver. Naz also represented BC at CANJAC, the
2006 International Student Conference held in Ottawa.
“Junior Achievement has given me the confidence to excel in what I love to do
and has opened a variety of doors for me”
Naz Kohan, Grade 11, JA Company Program student
OUR DEDICATED DONORS
Junior Achievement of British Columbia gratefully acknowledges the
generosity of all our financial supporters. We thank you for your continued
support of our mission, as we strive to create dynamic learning experiences
that address the unique needs of young people across the province.
14 JUNIOR ACHIEVEMENT OF BRITISH COLUMBIA ANNUAL REPORT 2005 - 2006
15. Associate ($1,000 - $4,999)
Alaska Trading Inc.
Alcatel Canada Inc.
Black Press Group Ltd. - Island Publishers Division
Borden Ladner Gervais LLP
Business Development Bank of Canada
Business Objects Community
Cadillac Fairview Corporation Ltd.
Carestream Medical Ltd.
CIBC World Markets
City of Kelowna
Clyne, J. Stuart
Coast Mountain Group
Duke Energy Gas Transmission
Ernst & Young LLP
Foxhill Incorporated
Garnett Capital Corporation
GE Foundation
GenRe
Gore Mutual Insurance Company Foundation
Grant Thornton LLP
Hallmark Poultry Processors Ltd.
Honeywell Building Solutions
Incite Coaching
Industrial Alliance Pacific
Jewish War Veterans of Canada - Vancouver Post #1
Kadlec, Robert E.
Kelfor Industries Ltd.
Kelowna International Hostel
Kelowna Jaycees Fund
Li, Yong Sheng
MacDonald Dettwiler & Associates Ltd.
MacDonald Shymko & Company Ltd.
Marin Investments Limited
Marsh Canada Limited
McCarthy Tetrault LLP
MDS Metro Laboratory Services
Mercer Human Resource Consulting Limited
Mid Island Co-op
Miller Thomson LLP
Nalley’s Canada Limited
Nuna Logistics Limited
Phillips, Brian
Prince George Community Foundation
Progressive Construction Ltd.
Purdy’s Chocolates
Rotary Club of Richmond A.M. Foundation
Rotary Club of Surrey
Sauder School of Business - UBC
Seattle’s Best Coffee
Sierra Systems
Surrey Foundation
Terasen Gas Inc.
The Art Institute of Vancouver
Tony Lau Insurance Agencies Ltd.
Twin Brook Developments Ltd.
Vedder Transport Ltd.
Vernon Toyota Centre
Weyerhaeuser Canada Limited
White Spot Restaurants
Wilson, Steve
Wintemute, E.I.
Women’s Enterprise Society of British Columbia
Xerox Canada Ltd.
Supporter ($150 - $999)
415807 BC Ltd. dba Sandpiper Pub
A W S Transport Ltd.
A.R.C. Accounts Recovery Corporation
Academy of Learning (North Vancouver)
Advanced Glazing Systems LLC
Alive Publishing Group Inc.
Allard, Linda
Alternative Mine Enterprises Ltd.
Apex Travel Ltd.
Aujlas’ Farms Ltd.
Auld Phillips Ltd.
Baker Newby LLP
Barr, Dick
Bear Mountain Master Partnership
Bell-Irving, D. Harry
Bell-Irving, Jan
Black Press Group Ltd.
Blackwood Building Centre Ltd.
Braber Equipment Ltd.
Brink, Barbara
British Pacific Properties Limited
Budget Brake & Muffler
Bulldog Bag Ltd.
Burrell, Keith
Business Council of British Columbia
Cadex Electronics Inc.
Camosun College
Canaccord Capital Corporation
Capri Insurance Services Ltd.
Center For Arts - Technology Okanagan Inc.
Century Holdings Ltd.
Chen & Leung Barristers & Solicitors
Chen, Henry D.
CIBC Wood Gundy
City of White Rock
Clark, Tim
Cloverdale District Chamber of Commerce
Coast Clear Wood Ltd.
Country Charm Farm Ltd.
Credit Union Central of BC
Custom House Currency Exchange (Canada) Ltd.
Day4 Energy
DFH Real Estate Ltd.
Dorigo Systems Ltd.
Dr. Jean Carruthers Cosmetic Surgery Inc.
E.R. Probyn Ltd.
Echle, Mary-Ellen
Economic Development Commission
Engage Communications Inc.
EO Paton International Holdings Inc.
Euro-Rite Cabinets Ltd.
Fan, Lawrence Sze Chek
Fincentric Corporation
Focus Corporation
Fraser Financial Group Ltd., The
Fred Deeley Imports Ltd.
Fujitsu Consulting (Canada) Inc.
Garrett, Ken
Graymont Limited
Hamazaki Wong Marketing Group
Hedden Chong Chartered Accountants
Hitfar Concepts Ltd.
HSBC Bank Canada – tr# 10150
ICBC
Instabox Canada Ltd.
Island Savings Credit Union
JN Burnett Secondary
K.P. Collection Ltd.
Kelowna Sunrise Rotary Club
Knight Inlet Grizzly Tours Ltd.
Kwan, Timothy (Tim)
Langara College
Li, Zhao
Ma, Hing Sang
McCarthy, William
McNeney & McNeney Barristers & Solicitors
Millbank Materials Corporation
Minerva Foundation
Murray Mechanical Sales Inc.
NDL Industries Inc.
Nirvana Land Development Corp.
Norco Products Ltd.
Norjay Services Ltd.
Norpac Controls Ltd.
Northcoast Building Products Ltd.
Owen, Steven F.
Pacbrake Company
Pang, Victoria
Paragon Food Equipment
Peng, Guoquan
People First Solutions Inc.
Peschilsolido Law Corporation
Pullmaster Winch Corporation
Quest For Success
Quigg Development Corporation
RE/MAX Centre City Realty
RJP Contracting Ltd.
Royal Canadian Legion No. 83
Russell Food Equipment Limited
Science World Society
Senna International Inc.
Shepard, James F.
Shin, Hyun Seop
Silbernagel, Stephen
Singleton Urquhart LLP
Smithers, David
Stow, Stephen
Surrey Chamber of Commerce
Tong, Peter
Valley Women’s Network - White Rock Chapter
Valleybrook Gardens Ltd.
Varma, Suresh
Vector Engineering Services Ltd.
Victoria Flying Club
Visscher Holdings Inc.
Wall Financial Corporation
Webber, John
Westland Air Conditioning
White Rock & South Surrey Chamber of Commerce
Wong, Kenney
Yoke Lam Law Corporation
Gift-in-Kind
Abbing Reprographics
BC Business Magazine
Camosun College
Coast Hotels & Resorts
eachanoriginal Design Company
Food First Enterprises Ltd.
Global BC
Harbour Towers
McDonald’s Restaurants of Canada
Mclean, Steven J., Hewlett Packard (Canada) Co.
Mediaco - The Presentation Company
Oh Boy Productions
Okanagan College
Pacific E Dox
Pinton Forrest & Madden
Purdy’s Chocolates
Radiant Communications Corp.
Safeway
Saint Bernadine Mission Communications
Saputo/Dairyland Fluid Division
School District No 23 – Central Okanagan
Simon Fraser University
Staples Business Depot
Starbucks Coffee Company
The Portables
The Vancouver Sun
Thrifty Foods
TLD Computers Inc.
UBC-Okanagan
University of Victoria
Victoria Marriott
White Spot Restaurants
This list does not fully reflect the countless donors
who have generously supported JABC. We thank
you all for your dedication and support.
ANNUAL REPORT 2005 - 2006 JUNIOR ACHIEVEMENT OF BRITISH COLUMBIA 15
16. Samantha Larkan and Stephen Mellows, from Vernon BC, advanced
to the fourth and final round of the Hewlett-Packard Global Business
Challenge and traveled to Cupertino, California this past summer to
compete against seven other finalist teams from around the world.
Earlier this year Samantha and Stephen participated in the JA Titan
program and excelled in Business Challenge games.
“I feel [Junior Achievement] was something of an unforgettable experience
that has helped me focus on my future goals in business.”
Samantha Larkan, Grade 11 JA Titan student
The Society’s total revenue increased by
28% compared with the previous year.
Program sponsorships and fundraising
special events grew by $236K. The
Business Laureates Hall of Fame Gala
Dinner and Induction Ceremonies was
introduced this year and accounts for
most of the changes.
Expenses increased by 13% mainly due
to the Business Laureates of BC Hall
of Fame initiative.
A grant of $2 million was received from
the Province of British Columbia. The
grant is accounted for as an investment
under current assets and as externally
restricted deferred revenue under
liabilities. The grant will be spent over
a five year period. It will be used to
expand our student reach and provide JA
programs to communities that have not
been served in the past.
Liabilities
Assets
Net Assets
Invested in equipment 12,346 13,277
Unrestricted 864,778 687,280
877,124 700,557
3,001,924 771,013
CURRENT $ $
Cash and short-term investments 343,145 210,800
Investments 2,378,489 354,682
Interest and other receivables 240,780 151,633
Inventory - 10,346
Prepaid expenses 3,466 4,463
2,965,880 731,924
EQUIPMENT 36,044 39,089
$ 3,001,924 $ 771,013
CURRENT $ $
Accounts payable and accrued liabilities 41,601 34,644
Deferred contributions - externally restricted 2,059,500 10,000
Current portion of obligation under capital lease 3,094 3,454
2,104,195 48,098
DEFERRED CONTRIBUTIONS RELATED TO EQUIPMENT 16,634 15,294
OBLIGATION UNDER CAPITAL LEASE 3,971 7,064
2,124,800 70,456
2006 2005
STATEMENT OF FINANCIAL POSITION For the year ended June 30, 2006
16 JUNIOR ACHIEVEMENT OF BRITISH COLUMBIA ANNUAL REPORT 2005 - 2006
17. Excerpt from Auditors’ Report
The auditors, Deloitte & Touche LLP, in
their report dated August 24, 2006, have
reported that “in common with many
non-profit organizations, the Society
derives revenue from contributions, the
completeness of which is not susceptible
to satisfactory audit verification.
Accordingly, our verification of these
revenues was limited to the amounts
recorded in the records of the Society and
we were not able to determine whether
any adjustments might be necessary to
contribution revenue, excess of revenue
over expenses, assets and net assets.
In our opinion, except for the effect of
adjustments, if any, which we might have
determined to be necessary had we been
able to satisfy ourselves concerning the
completeness of the contribution revenue
referred to in the preceding paragraph,
these financial statements present fairly, in
all material respects, the financial position
of the Society as at June 30, 2006 and the
results of its operations and its cash flows
for the year then ended in accordance with
Canadian generally accepted principles.”
Expenses
Revenue
Changes in Fund Balances
Excess (Deficiency) of Revenue Over Expenses for the Year 176,567 8,443
Amortization of deferred contributions 7,130 6,554
Contributions 706,712 650,938
Donations in Kind for office premises 29,352 29,352
Donations in Kind — other 15,259 8,668
Endowment Income 35,457 33,938
Others 28,873 7,440
Programs 146, 994 124,457
Special Events 500,526 286,976
TOTAL 1,470,303 1,148,323
Accounting and audit 18,175 9,400
Amortization 13,098 13,435
Facilities 45,484 50,810
Interest on lease obligation 1,353 (768)
National fees 32,681 23,997
Office 31,771 27,187
Programs 197,023 229,399
Salaries and benefits 623,153 562,817
Special Events 316,239 209,068
Staff development 14,759 14,535
TOTAL 1,293,736 1,139,880
2006 2005
This summarized statement of operations is derived from the audited
financial statements of Junior Achievement of British Columbia prepared
by Deloitte and Touche LLP for the fiscal year ended June 30, 2006. Full
financial statements outlining all aspects of the financial position of the
organization are available upon request.
STATEMENT OF OPERATIONS For the year ended June 30, 2006
ANNUAL REPORT 2005 - 2006 JUNIOR ACHIEVEMENT OF BRITISH COLUMBIA 17
18. Thank you to all the staff, sponsors and volunteers across
British Columbia who make the Junior Achievement
learning experience possible.
Board of Directors
Steve Wilson (Chair)
Norm Attridge
TD CANADA TRUST
Rob Davies
XEROX CANADA LTD.
Craig Gronsdahl
FRASER FINANCIAL GROUP
Trudy Hofley
SCOTIA PRIVATE CLIENT GROUP
Linda Larson
SMALL BUSINESS ROUNDTABLE
Michael Moretto
BRITISH COLUMBIA SECURITIES COMMISSION
Carole MacFarlane
VANCOUVER SCHOOL BOARD
Alison Oxtoby
FASKEN MARTINEAU DUMOULIN LLP
Victoria Pang
CANADIAN WESTERN BANK
Brian Phillips (Treasurer)
PHILLIPS, HAGER & NORTH
Jack Shore
David Smithers
SIERRA SYSTEMS
Wendy Thorpe
HSBC BANK CANADA
Robert Tuck
BMO BANK OF MONTREAL
Board of Governors
Norm Attridge (Chair)
TD CANADA TRUST
David R. Bain
BULL, HOUSSER & TUPPER LLP
Grant Ball
LONDON DRUGS LIMITED
Tim Clark
V1500 HOLDINGS INC.
Janice Comeau
SNACK ALLIANCE INC.
Robin Dhir
TWIN BROOK DEVELOPMENTS LTD
Jay Garnett
WHITEFISH GROUP
Jack Glazier
CIBC
Paul Healey
BELL
Iain Johnstone
HONEYWELL BUILDING SOLUTIONS
Tony Lau
TONY LAU INSURANCE AGENCIES LTD.
Tim Manning
RBC ROYAL BANK
Hanif Muljiani
PORTABLES
Marissa Poratto-Cleghorn
MACDONALD DETTWILER & ASSOCIATES LTD.
Linda Sanderson
ROGERS VIDEO
Lisa Seppala
BC HYDRO
Moe Somani
SOHO BUSINESS GROUP
Okanagan Committee
Bruce Campbell
RAYMOND JAMES LTD.
Jennifer Gorman
OKANAGAN COLLEGE FACULTY OF BUSINESS
Brenda Graziano
SCHOOL DISTRICT 23
Craig Gronsdahl
FRASER FINANCIAL GROUP
Lisa L. Laing
CIBC WOOD GUNDY
Norm Metcalf
COMMUNITY FUTURES
DEVELOPMENT CORPORATION
Myrna Park
MAX-U.COM INC.
Kerry Rempel
OKANAGAN COLLEGE FACULTY OF BUSINESS
Rosanne Ting-Mak
JCI OKANAGAN
Greater Victoria Committee
Jack Shore
Lorrie Carlson
FIRST IMPRESSIONS
BUSINESS PROMOTIONS INC.
Chris Maze
RBC ROYAL BANK
Dean Ksionzyk
CIBC
Heather Ratcliffe-Hood
SCHOOL DISTRICT 62 (SOOKE)
John Saunders
MADRONA CONSULTING
Joe Polard
ACCOUNTS RECOVERY CORPORATION
Prince George Committee
Dick Chambers
SCHOOL DISTRICT 57
Tim Curry
CANADIAN TIRE STORE #360
Dorothy Friesen
BC NORTHERN REAL ESTATE BOARD
Don Gould
Richard A. Hobson
LAURENTIAN FIANCIAL SERVICES
John Kason
GLOBAL SECURITIES CORPORATION
Bill Lynch
CENTRE CITY RE/MAX
Gail Roberts
KELLY ROAD SECONDARY SCHOOL
Sherry Sethen
PRINCE GEORGE CHAMBER OF COMMERCE
BOARD MEMBERS AND COMMITTEES
18 JUNIOR ACHIEVEMENT OF BRITISH COLUMBIA ANNUAL REPORT 2005 - 2006
19. BC Provincial Office
Jan Bell-Irving
President
Alix Santoro
Manager, Resource Development
Christopher Hindle
Manager, Special Events and Public Relations
Anne Sashikata
Manager, Community Relations
Barb Jones
Program Manager, High School Programs
Ivy Chan
Program Manager, Middle School Programs
Fiona Zawadzki
Program Consultant, Middle School Program
Debbie Kemp
Program Consultant, Middle School Program
Jeff Teed
Program Coordinator, Elementary School Program
Evan Yang
Program Coordinator, Elementary School Program
Esther Lee
Office Manager
Heather Schellenberg
Book-keeper
Greater Victoria Region
Jenny Leary
Regional Manager, Greater Victoria
Okanagan Region
Beth Veenkamp
Regional Manager, Okanagan
Michelle Raty
Program Coordinator, Okanagan
Prince George Region
Scotty Raitt
Program Coordinator, Prince George
STAFF
ANNUAL REPORT 2005 - 2006 JUNIOR ACHIEVEMENT OF BRITISH COLUMBIA 19
20. Let Their Success Be Your Inspiration!
The Junior Achievement name and logo are registered
trademarks of Junior Achievement of Canada. Business
Basics Series programs, ESIS (Economics of Staying in
School), Dollars with Sense, Dream Big: A Life Lesson with
Tiger Woods and Company Program – A Student Venture
are all trademarks of Junior Achievement of Canada.
BC Provincial Office
Suite 110 – 475 West Georgia Street
Vancouver, BC
V6B 4M9
Tel: 604-688-3887
Fax: 604-689-5299
Email: info@jabc.org
www.jabc.org
Charitable Registration #
11897 – 6166 RR0001
Regional Offices
Greater Victoria Region
Tel: (250) 380-6765
Fax: (250) 385-3552
Okanagan Region
Tel: (250) 765-2637
Fax: (250) 765-4155
Prince George Region
Tel: (250) 964-0923
Fax: (250) 964-3398