Charitable Impact Foundation Appoints Two New Board Members As Donations Soar

July 26, 2019

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Charitable Impact

Staff Editor

Robert Booker has extensive executive experience in the energy and finance sectors. Lynn Cook brings a deep understanding of financial reporting and internal controls, as well as managing organizations through periods of high growth.   

VANCOUVER, B.C., June 26th, 2019. With total donations nearly tripling in 2018, Canada’s fastest-growing donor-advised fund is welcoming two new members to its Board of Directors. Robert Booker is Chief Financial Officer and President at Upstart Power, a Fellow of the Institute of Chartered Accountants in England, a CPA in Canada, and holds a MSc. in Finance from the London Business School. Lynn Cook, Vice-President of Finance for Mogo Inc., is a CPA , CGA with over 20 years of experience in finance leadership. She has been named a “Top 40 Under 40” outstanding business leader by Business in Vancouver magazine.

“On behalf of everyone at Charitable Impact and our Board of Directors, I am pleased to welcome  Robert Booker and Lynn Cook to the Board,” said John Bromley, CEO and Founder of Charitable Impact. “Robert Booker has extensive executive experience gained in the energy and finance sectors, including group executive committee positions at both BG Group plc and Ballard Power Systems. Lynn Cook brings a deep understanding of financial reporting and internal controls, as well as a wealth of experience in managing organizations through periods of high growth like the one we are experiencing now.”  

Both Booker and Cook expressed their expectations and goals in joining Michael Cahén, Larry Clausen and Ingrid Robinson on the Board. “I’m looking forward to using my experience leading in a fast paced fintech world to my role as Board Treasurer to support the Charitable Impact leadership team as the organization moves to the next level,” said Cook. 

Booker’s main goal “is to help the Foundation manage the balance between retaining the current entrepreneurial ethos and successfully implementing all of the organizational design features that will become necessary as the organization grows.” 

Charitable Impact Foundation is a registered charity and operates as a donor-advised fund (or DAF). Like an online bank account for charitable giving, it allows individuals, families, organizations and businesses to make donations, receive immediate tax receipts, and then allocate funds to charities at a later date. By signing up for a free online Impact Account, donors have both the time and the web-based tools they need to make exactly the kind of impact they envision. Combined with support and expert advice from Charitable Impact’s team, Impact Account holders are uniquely able to make non-cash donations of securities, real estate and even cryptocurrency. Indeed, Charitable Impact processed the first known donation of cryptocurrency to a Canadian DAF in late 2017. 

“Since Charitable Impact was founded in 2011, our donors have contributed more than $520 million to the charitable sector through our web-based DAF. In fiscal 2018 alone, total donations increased by 163 percent, year-over-year, while non-cash gifts increased by 479 percent. Our Board is growing as we grow, and we are lucky to receive advice and guidance from this team of talented individuals. Their leadership is invaluable to us as we continue to develop new ways to help people give,” said Bromley. 

About Charitable Impact

Charitable Impact is for anyone who wants to make a difference, no matter what causes they choose to support. An Impact Account is like an online bank account for charitable giving, and it helps people create the change they want to see in the world. Canadians can find and give to all their favourite charities from one place, take the time and space to plan their giving, connect with others creating change, and get help with making their biggest impact possible.

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