Corporate Contribution Highlights
Approximately 90% of our company-wide donations and sponsorship funding is spent by our operating sites, and is described in more detail in Empowering Communities. The balance is spent out of our corporate office. In 2013, corporate-level donations totaled $1.2 million and reached more than 100 charitable causes. The majority of these corporate-level donations are allocated to education, followed by health, youth programs, and organizations dedicated to responsible business and development. We also contribute to a range of local charitable organizations in the Greater Toronto Area. For example, Kinross matches contributions raised by corporate office employees in support of a designated charity each month.
Some highlights of our corporate-level contributions for 2012 and 2013 include:
- Continued to fund the Kinross Chair in Environmental Governance, a five-year CDN $1 million commitment to the University of Guelph in Guelph, Canada, as part of Guelph’s Better Planet Project.
- Extended our commitment to support the Kinross Professorship in Mining Health and Safety in the Department of Mining Engineering at Queen’s University in Kingston, Canada for another five years (CDN $125,000 per year through to 2017).
- Concluded our $300,000 three-year support to establish the Kinross Gold Professorship in Development Economics at the New Economic School in Moscow. Established in 1992, the New Economic School is ranked among the top economic departments in the world.
- Continued financial support to health organizations in the Greater Toronto Area for ongoing program needs including: Mining4Life; Tema Conter; Philip Aziz Centre and Emily’s House; Camp Oochigeas; Princess Margaret Hospital and MukiBaum Treatment Centres.
- Contributed CDN $50,000 in 2013 to Actua to support the creation of a National Mining Program for Actua’s Science, Technology, Engineering and Math (STEM) programs reaching over 225,000 students across Canada. Actua delivers STEM programs to youth between the ages of 6-16 who are underrepresented in these areas.