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