Big Brothers Big Sisters of Sudbury - Social Investment Partnership Sudbury

For Immediate Release

Local Banks and Sudbury Community Foundation

Announce the Social Investment Partnership (SIPS) Recipient

Sudbury, ON – June 11, 2008 Sudbury Community Foundation in partnership with BMO, CIBC, RBC Foundation, and Scotiabank announced an innovative new funding project called Social Investment Partners Sudbury (SIPS). The 2008 SIPS recipient is Big Brothers Big Sisters of the Greater City of Sudbury. The SIPS partnership will provide Big Brothers Big Sisters with in-depth guidance, support, and capital over a two-year period in order to help build its capacity andsustainability. SIPS partners will invest $25,000 with the charity as the capital portion of the initiative.

The traditional ways in which charities are funded often prevent them from building stable, sustainable organizations so that they can deliver their services most effectively. Capital and business expertise – critical elements which charities need in order to succeed– are scarce and difficult to secure. Even if capital were available, charities may lack the business systems, ability to grow, or ability to scale their organizations to meet the demands of their mission.

View the complete media release here

	Partners/Sponsors
	Social Investment Partnership Sudbury		Individual Donation Social Investment Partnership Sudbury United Way Sudbury Kinsmen Part Source The Ontario Thrillium Foudation Top 10 Reasons to select Big Brothers Big Sisters 11th Annual Northern Ontario Credit Union Charity Golf Tournament Bell Aliant Backpack program The Sudbury Star donates tickets to Big Brothers Big Sisters Inquire Now »
	For Immediate Release Local Banks and Sudbury Community Foundation Announce the Social Investment Partnership (SIPS) Recipient Sudbury, ON – June 11, 2008 Sudbury Community Foundation in partnership with BMO, CIBC, RBC Foundation, and Scotiabank announced an innovative new funding project called Social Investment Partners Sudbury (SIPS). The 2008 SIPS recipient is Big Brothers Big Sisters of the Greater City of Sudbury. The SIPS partnership will provide Big Brothers Big Sisters with in-depth guidance, support, and capital over a two-year period in order to help build its capacity andsustainability. SIPS partners will invest $25,000 with the charity as the capital portion of the initiative. The traditional ways in which charities are funded often prevent them from building stable, sustainable organizations so that they can deliver their services most effectively. Capital and business expertise – critical elements which charities need in order to succeed– are scarce and difficult to secure. Even if capital were available, charities may lack the business systems, ability to grow, or ability to scale their organizations to meet the demands of their mission. View the complete media release here