Started in 2000 by Squash BC (initially called
20/20 Vision Program)
Supporting/promoting junior squash seen as
critical to games 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

4
How the Fund Works

2020 Fund Committee oversees Funds operations
Members appointed by Squash BC
Current Committee
Funds held and invested by the Vancouver
Foundation

5
How the Fund Works (contd)

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 BCs
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

6
Funds 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.

7
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

8
Funds Growth (,000s)
9
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.

10
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

11
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.

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Major Donors

Champion Donors (10,000)
Kenneth Cummane Foundation
Joyce Tony Maycock
Platinum Donors (5,000 - 9,999)
Allan Brown
In Memory of Edward H. (Eddie) Gudewill
In 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
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Making Donations