Empowering Equity: Impact Report 2023

New Leadership, Continued Commitment

At the Alberta Investment Management Corporation (AIMCo), we not only invest for our communities — we invest in our communities, too.

As the recently appointed chair of the AIMCo Foundation for Financial Education, I am energized by our collective commitment to Albertans through both our work at AIMCo and the volunteer-led, community-funded efforts of the AIMCo Foundation.

It’s been an exciting year. With new leadership at the helm and a renewed strategic plan to guide our journey, the core of what we do remains unchanged. Every day, we are advancing financial literacy and education by mobilizing funding for innovative community grants and supportive student scholarships.

The theme for our year is Empowering Equity. As you read through the report, I hope it will become clear why we chose this phrase to summarize 2023.

The numbers paint an encouraging picture:

• $350,000 distributed through community grants, more than 75% of which supported initiatives primarily serving women, Indigenous Peoples, racialized people and other equity-seeking groups
• $260,000 committed to new scholarships in the next five years, including the launch of four awards promoting gender diversity in finance and Indigenous inclusion in business
• more than $500,000 contributed by AIMCo colleagues and corporate partners — our single largest fundraising year to date and our first year surpassing the half-million mark

While the numbers are invigorating, far more impactful for me are the stories: those of the people who have gained new skills to transform their financial situation; of the students who were able to focus on their education instead of a daunting tuition bill; of the families new to Canada who have learned to navigate unfamiliar and complex financial systems.

These are the stories of lives changed by financial literacy and education. They are the ripples of impact that move through our community and bring us one step closer to a world in which every Albertan can realize a secure and prosperous financial future.

It is our privilege to share these stories and I hope they will mean as much to you as they have to me. My profound gratitude goes out to our inspiring community partners, passionate volunteers and steadfast supporters for your ongoing commitment to empowering prosperity in Alberta.

Evan Siddall
Chair, AIMCo Foundation

Read Empowering Equity, the AIMCo Foundation’s 2023 impact report.