BC Cancer - 2017 Donor Impact Report - 14

Financial Summary
Statement of revenue, expenses and fund balances
(in $thousands) Extracts from Audited Statements

For the years ended March 31

2013

2014

2015

2016

2017

Total Revenues

57,986

36,319

52,205

49,284

51,753

Direct Fundraising Costs

11,460

12,566

12,147

11,956

11,133

46,526

23,753

40,058

37,328

40,620

20%

35%

23%

24%

22%

2,677

2,767

2,744

2,470

2,758

1,566

1,406

1,400

1,656

1,457

4,243

4,173

4,144

4,126

4,215

7%

11%

8%

8%

8%

Excess of Revenue Over Expenses
Before Undernoted Items

42,283

19,580

35,914

33,202

36,405

Fair Value Adjustments on Assets

2,519

4,376

(202)

(6,948)

4,154

Support Provided to BC Cancer Agency

19,156

17,678

20,325

27,153

28,271

Excess (Deficiency) of Revenue Over Expenses

25,646

6,278

15,387

(899)

12,288

Restricted Fund

56,131

54,568

62,624

62,655

66,680

Endowment Fund

37,301

44,502

49,401

47,646

54,610

Unrestricted Fund

6,555

7,195

9,627

10,452

11,751

99,987

106,265

121,652

120,753

133,041

Net Fundraising
Direct Fundraising Costs/Total Revenues
Foundation Administration(1)
Community Awareness & Public Engagement

(2)

Total Expenses
Total Expenses/Total Revenues

Fund Balances

Total Capital

(1) Includes all costs related to general management and administrative activities.
(2) Represents the Foundation's investment in brand awareness and communicating the impact of philanthropy on research with the overall
goal of enhancing our support to the BC Cancer Agency.

For full audited financial statements, please visit bccancerfoundation.com/annualreport or call us toll free at 1-888-906-2873.

14

DONOR IMPACT REPORT 2017
http://www.bccancerfoundation.com/annualreport
Table of Contents for the Digital Edition of BC Cancer - 2017 Donor Impact Report
