We love it when a client succeeds — and pays back their loan! That means not only have they accomplished their mission, but the funds can go back in the pool to be loaned out to do more good in the community!
Many congratulations to these members of the SEF “Paid in full Club“!
CKUA started over 75 years ago in a small room on the University of Alberta station. Since then, CKUA has evolved into a mature listener supported public radio station that is greatly responsible for giving many musicians their first airplay. Tommy Banks, P.J. Perry, Jann Arden, Joni Mitchell, kd lang are just a few of the artists who found their early support at CKUA.
CKUA has purchased and moved its operations into a building as unique as its playlist. Designed by architect Gene Dub, the new building is wrapped by the reconstructed exterior of the historic Alberta Hotel. Not only does the building provide a safe and healthy workspace for the station’s employees and 450 volunteers, it is an environmentally secure archive for the historically priceless, 105,000 item library. The space also provides opportunities for public performance, as well as rental capacity.
SEF provided a loan for tenant improvements such as studio, office and other facility construction.
Working for the planet, one audience member at a time.
For more than twenty years, Evergreen Theatre has pursued a simple idea: if children are entertained, they learn more.
This touring company focuses on science-based, educational theatre, primarily for young audiences. All creative decisions – be it script, costumes, character development – start with scientific facts. Evergreen strives to produce interactive shows and residencies that address current and scientific issues, and to encourage an understanding that individual action can change the world. As one grade five teacher put it, “kids walk away with a message that sticks because they get involved with it, and it’s entertaining.”
Evergreen not only works to foster environmental awareness, but through theatre, to “educate children, adults and families about the countless small actions that, when added together, can drastically alter the fate of our planet.”
SEF supported Evergreen Theatre with operational bridge financing.
Social impact bonds are a new financial mechanism aimed at increasing capacity of social programs in local communities. Finance for Good is the first purpose-built social impact bond intermediary in Canada, working with government, service organizations and investors wishing to explore this new mechanism for community good.
SEF provided the company with start-up capital.
Lougheed House is a National Historic Site located in Calgary, and owned by the Province of Alberta. The house was built in 1891 as the home of Sir James Lougheed, a Canadian Senator and grandfather of Alberta’s former premier, Peter Lougheed. The house is operated through by the Lougheed House Conservation Society, non-profit society, through a fee-for-service contract with the Provincial government. The society was established in 1995, and was the original driving force behind a $12 million renovation of the sandstone mansion.
SEF has provided short-term bridge financing to the Society.
Alliance Francaise of Edmonton
Alliance offers a full range of French language classes, plus lots of ways to enjoy French culture – from wine tastings to cooking classes to French film.
SEF provided Alliance with operating capital.
The Edmonton Musical Theatre has over thirty five years of experience in putting passion on the stage. Whether you’re child, or only a child-at-heart, the society provides training and real performance experience on the stage. Their students have taken this passion for musical theatre to stages around the world, as well as creating appreciative audiences who know what it’s like to be on the other side of the footlights.
SEF provided bridge financing that helped the organization move to its new home in Edmonton’s Woodcroft Community Hall, as well as operating capital.