BC Cancer Foundation 2015 Report to Donors - (Page 12)

FINANCIAL SUMMARY Financial Highlights Statement of revenue, expenses and fund balances (in $thousands) Extracts from Audited Statements For the years ended March 31, 2011 2012 2013 2014 2015 (Restated*) Total Revenues 39,257 50,446 57,986 36,319 52,205 Direct Fundraising Costs 10,203 9,935 11,460 12,566 12,147 29,054 40,511 46,526 23,753 40,058 26% 20% 20% 35% 23% 2,433 2,581 2,677 2,767 2,744 1,474 1,626 1,566 1,406 1,400 3,907 4,207 4,243 4,173 4,144 10% 8% 7% 11% 8% 25,147 36,304 42,283 19,580 35,914 (177) 2,519 4,376 (202) 18,599 21,845 19,156 17,678 20,325 6,548 14,282 25,646 6,278 15,387 Restricted Fund 33,822 39,094 56,131 54,568 62,624 Endowment Fund 22,126 31,105 37,301 44,502 49,401 Unrestricted Fund 4,111 4,142 6,555 7,195 9,627 60,059 74,341 99,987 106,265 121,652 Net Fundraising Direct Fundraising Costs/Total Revenues Foundation Administration(1) Community Awareness & Public Engagement (2) Total Expenses Total Expenses/Total Revenues Excess of revenue over expenses before under noted items Fair Value Adjustments on Assets Support provided to BC Cancer Agency Excess of revenue over expenses - Fund Balances Total Capital *Restated to conform to new CICA not-for-profit accounting standards adopted by the BC Cancer Foundation on April 1, 2012. (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. 12 RESEARCH IS OUR FOUNDATION http://www.bccancerfoundation.com/annualreport

Table of Contents for the Digital Edition of BC Cancer Foundation 2015 Report to Donors

BC Cancer Foundation 2015 Report to Donors
Contents
Partners in Hope
Partners in Change
Partners in Discovery
Financial Summary

BC Cancer Foundation 2015 Report to Donors