The Suncor Energy Foundation is a private, non-profit, charitable foundation established by Suncor Energy Inc. in 1998 to receive Suncor’s contributions and support registered Canadian charitable organizations. The Foundation complements other forms of community investments by Suncor, such as product or in-kind contributions, sponsorships, and employee giving and volunteer efforts.
Funded entirely by Suncor, the Foundation’s funding priorities are educational, environmental and community-based initiatives that are aligned with Suncor’s key operating communities. The Foundation seeks unique opportunities to enhance the quality of life in those communities and to add value through effective collaborations.
The Foundation celebrates its tenth anniversary in 2008. Over the past decade, the Foundation has invested more than $48 million in charitable organizations across Canada.
The Foundation is governed by a Board of Directors that reviews all major investments greater than $50,000. The Board meets four times a year.
Funding Priorities
The Foundation invests in initiatives that meet the requirements as registered charitable organizations for Canadian tax purposes and
- provide new opportunities through education
- address environmental issues
- strengthen communities where Suncor has an operating presence in Canada, including:
- central and northern Alberta (Fort McMurray/Wood Buffalo, Calgary, Edmonton, Grande Prairie, Edson)
- northeastern British Columbia (Fort St. John area)
- southwestern Ontario (Sarnia-Lambton, Ripley).