Calgary Stampede Foundation

1410 Olympic Way S.E.
Calgary, AB T2G 2W1
Vice President: Sarah Hayes
Board Chair: Bob Thompson

Charitable Reg. #:89312 5070 RR0001


Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 3/5]



Audited financial statements for current and previous years available on the charity’s website.



Grade based on the charity's public reporting of the work it does and the results it achieves.



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 86 cents are available for programs.

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About Calgary Stampede Foundation:

Established in 1994, the Calgary Stampede Foundation runs education, music, and performing arts programs for Albertan youth to connect them with their western heritage. The Foundation grants scholarships to young adults for post-secondary education and gives awards to youth for their achievements in the performing arts. Together with the Calgary Stampede, the Foundation has also made numerous investments to restore and operate historic parks and buildings in Calgary in recent years.

The Calgary Stampede Foundation runs numerous youth programs. Its Calgary Stampede Showband (39% of program costs in F2020) is comprised of 157 students ages 16 to 21 from Calgary. The Showband program offers youth diverse opportunities to develop their performance, musicianship, and leadership skills. In 2019, the Showband performed 155 times around the world. The Calgary Stampede Showriders program develops youth within the equestrian community through performances, teamwork, and leadership.

The Foundation’s Young Canadians School of Performing Arts (35% of program costs in F2020) provides professional training to 131 dedicated Calgary youth each year who want to pursue dance, singing, and/or drama. In F2019, the Foundation reports the program put on 20 performances and each student received an average of 463 hours of training.

The Foundation’s third core youth program is the Stampede School education program (12% of program costs in F2020). The Stampede School is a week-long hands-on educational experience for students in grades 1 to 12 that relocates their classroom to Stampede Park. Students are surrounded by artifacts, unique cultures, and guest speakers and make connections to history, agriculture, and western heritage. The 2019 Youth Achievement Annual Report notes that the program held 24 classes and taught 440 students.

Other youth programs that are run by the Calgary Stampede Foundation include the OH Ranch Education program (4% of program costs), Indigenous Youth Programming, and 4-H programs. The Foundation also granted scholarships to students in Alberta in F2020, worth a total of $83k (8% of program costs).

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Results and Impact

The Calgary Stampede Foundation reported that its Showband became a six-time world champion of Marching Showbands in July 2019.

While Ci highlights these key results, they may not be a complete representation of Calgary Stampede Foundation’s results and impact. This charity is not yet rated on impact (n/r).

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The Calgary Stampede Foundation received donations of $3.4m in F2020. Administrative costs are 7% of revenues and fundraising costs are 6% of donations. For every dollar donated to the charity, 86 cents goes towards its programs, which falls within Ci’s reasonable range for overhead spending. The Foundation has total funding reserves of $34.5m, including $1.8m of donor-endowed funds. Excluding the Foundation’s donor-endowed funds, the Foundation can cover annual grants and program costs for nearly 30 years, based on 2020 spending, or for almost 14 years, based on average program spending over the past three years. This does not indicate a need for donations.

The former CEO of the Calgary Stampede, Warren Connell, has reported that the Foundation takes a cautious approach to saving money for the construction of new projects.* The Foundation often waits until it has enough money to pay for the entire project before it starts building. It is important to note that included in the Foundation’s funding reserves is $31.0m worth of investments which are restricted in the Capital Fund to pay for the future construction of new buildings and facilities.

Ci has sent this profile update to the Calgary Stampede Foundation for review. Changes and edits may be forthcoming.

Update on July 20, 2021, by Shira Wine.

Financial Review

Financial Ratios

Fiscal year ending December
Administrative costs as % of revenues 7.4%10.6%4.2%
Fundraising costs as % of donations 6.4%5.3%4.9%
Total overhead spending 13.8%15.9%9.1%
Program cost coverage (%) 2,963.1%1,220.2%976.0%

Summary Financial Statements

All figures in $000s
Donations 3,3674,7839,075
Government funding 253821,554
Investment income 1,1441,824197
Other income 422552554
Total revenues 5,1867,24111,380
Program costs 1,1102,7013,123
Grants 83190166
Administrative costs 301575473
Fundraising costs 214252440
Total spending 1,7083,7184,203
Cash flow from operations 3,4783,5237,177
Capital spending 1,0377682,716
Funding reserves 34,49335,93932,923

Note: Ci did not include amortization of deferred capital contributions and adjusted for deferred donations, affecting revenue by ($5k) in F2020, ($643k) in F2019, and ($101k) in F2018. *

Salary Information

Full-time staff: 14

Avg. compensation: $56,245

Top 10 staff salary range:

$350k +
$300k - $350k
$250k - $300k
$200k - $250k
$160k - $200k
$120k - $160k
$80k - $120k
$40k - $80k
< $40k

Information from most recent CRA Charities Directorate filings for F2019

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Comments & Contact

Comments added by the Charity:

Strong Youth.  Stronger Community. By creating programs and places for youth to thrive, the Calgary Stampede Foundation creates motivated and engaged young Calgarians, empowered to do amazing things.

Charity Contact

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Charitable Registration Number: 80340 7956 RR0001