Going inside the CBT with the annual report, report to residents
By Nelson Daily Staff
All of the secrets of the Columbia Basin Trust have been cracked open for public viewing — financial investments, spending and program and initiative activities — as the 2010/11 Annual Report and 2011 Report to Residents are now published.
The Annual Report reflects CBT’s performance for the 2010/11 year, ending March 31, and details its financial investments, spending and program and initiative activities.
Report to Residents contains a condensed version of the above plus highlights recent CBT-supported projects and initiatives, offering a reader-friendly and informative glimpse at CBT and its role in the Basin.
In 2010/11, CBT returned a record $11.2 million in direct funding benefits to Basin communities, up from $10.9 million in 2009/10. Its Investment Program also continued to experience strong financial performance, with total revenues increasing to $28.4 million in 2010/11, up from $26.1 million in 2009/10.
The Annual Report is available at any CBT office or can be found online at www.cbt.org/annualreport.
Report to Residents is being mailed to homes Basin-wide or can be found at any office or online at www.cbt.org/2011rtor.
People can also obtain the reports by phoning 1.800.505.8998.
Highlights of the documents
In 2010/11, CBT returned a record $11.2 million in direct funding benefits to Basin communities, up from $10.9 million in 2009/10, including the following granting programs and initiatives:
- Community Initiatives and Affected Areas Programs $3,339,000
- Community Development Program $2,394,000
- Economic Initiatives $1,160,000 (includes Basin Business Advisors Program,
- Training Fee Support Program and Summer Works Program)
- Environmental Initiatives $1,066,000 (includes Environmental Initiatives Program, Environmental Education, Grants and Land Conservation)
- Social Initiatives $1,058,000 (includes Affordable Housing, Literacy and Non-profit Partnerships)
- Water Initiatives $839,000
- Arts, Culture & Heritage Program $505,000
- Other Delivery of Benefits Expenditures $334,000
- Youth Initiatives (includes Columbia Basin Youth Grants) $214,000
- Scholarships $138,000
- Sponsorship Program $121,000
