Finalists in Voluntary Sector Reporting Awards announced

Posted on November 4, 2011

17 Ontario charities vying for four prizes of $5,000 for best annual report

TORONTO, Oct. 25, 2011 – The finalists have been announced in Ontario’s award program for best charity annual reports. The 17 finalists in the Voluntary Sector Reporting Awards (VSRAs) will each have a chance to win a prize of $5,000 at an awards luncheon November 18 in Toronto.

“We were overwhelmed with over 100 nominations for the VSRAs this year. I think that these nominations show that the charity sector is taking its responsibility for accountable and transparent reporting very seriously. We’re pleased the VSRAs have helped promote high quality annual reporting for Ontario’s charities and we look forward to announcing the winners on November 18 in Toronto,” said Steve Salterio, Director of the CA-Queen’s Centre for Governance at Queen’s School of Business, which organizes the VSRAs every year in partnership with the Institute of Chartered Accountants of Ontario (ICAO). PwC has been the sponsor of the program since its inception.

The awards, now in their fourth year, are open to registered charities that produce annual reports in Ontario.The winners in each category will receive $5,000. This year’s finalists include:

National and International Organizations headquartered in Ontario:
• Amnesty International Canadian Section
• Canadian Feed the Children
• Juvenile Diabetes Research Foundation Canada
• Mennonite Economic Development Associates
• The Nature Conservancy of Canada
• World Vision Canada

Ontario only organizations

Total revenues over $10 million
• Canadian Paraplegic Association Ontario
• Hamilton Community Foundation
• Ontario March of Dimes
• Vita Community Living Services of Toronto

Total revenues from over $1 million to $10 million
• DeafBlind Ontario Services
• Food Banks Canada*
• Kingston Literacy & Skills
• United Way Kingston, Frontenac, Lennox & Addington

Total Revenues up to $1 million
• Brant Community Foundation Inc.
• Girls Incorporated of Durham
• Hospice King-Aurora

*Given the organization’s relatively small size compared to others in the National and International organization category it was judged also in this size-appropriate category.

“Given the current economic climate, the need for efficient and effective not-for-profit organizations has never been greater,” noted Brian Leader, FCA, Vice-President of Learning at the ICAO. “As any Chartered Accountant could tell you, clear and comprehensive financial reports help reassure volunteers and donors that their contributions are going to a worthwhile cause. The Voluntary Sector Reporting Awards highlight the achievements of those worthy charities.”

More information about the VSRAs is available online at the CA-Queen’s Centre for Governance website – More information is also available from PwC’s’ website and at the ICAO website

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Editor’s Note:
Media are invited to cover the VSRA Award Luncheon November 18th at 11:30AM in Toronto. To book an interview, attend the event or to get more information, please contact:

John Suart, CA-Queen’s Centre for Governance
613-583-3062 /

Perry Jensen, The Institute of Chartered Accountants of Ontario
416-969-4271 or 1-800-387-0735 ext. 271