File 30 - Financial Statements of the Walter Bean Grand Community Trails Foundation.

"The Walter Bean Grand River Community Trails Foundation is a non-profit organization led by a volunteer board of area citizens dedicated to the success of the project. The catalyst for the development of the Trail was the Kitchener-Waterloo Community Foundation whose directors voted in 1996 to provide $25,000.00 in seed money to initiate the project. Walter Bean was a business and community leader who believed in contributing to the welfare of area residents. He championed the vision of a public hiking trail along the Grand River. As Honourary Chair of The Kitchener and Waterloo Community Foundation, Walter challenged the Foundation to increase public accessibility to the river by building a trail along its length in the Regional Municipality of Waterloo.

Following Walter's death, his many friends took up his challenge and in 1998 formed The Walter Bean Grand River Community Trails Foundation. To make his vision a reality, this non-profit fundraising corporation has partnered with the cities of Cambridge, Kitchener, Waterloo and the Township of Woolwich to build and maintain a recreational trail. It would please Walter to see the co-operative spirit of community in building this legacy. When complete, the Walter Bean Grand River Trail will extend along 78 km of the 290-km Grand River. It will reach from the north end of Woolwich Township to the southern trailhead in Cambridge. Along its way, it will connect with many local municipal trails and the Trans Canada Trail."