BC Cancer Foundation 2014 Report to Donors - (Page 11)
FINANCIAL SUMMARY
Financial Highlights
Statement of revenue, expenses and fund balances (in $thousands)
Extracts from Audited Statements
For the years ended March 31,
2010
2011
2012
2013
2014
(Restated*)
Total Revenues
32,689
39,257
50,446
57,986
36,319
Direct Fundraising Costs
11,166
10,203
9,935
11,460
12,566
21,523
29,054
40,511
46,526
23,753
34%
26%
20%
20%
35%
2,429
2,433
2,581
2,677
2,767
825
1,474
1,626
1,566
1,406
3,254
3,907
4,207
4,243
4,173
10%
10%
8%
7%
11%
18,269
25,147
36,304
42,283
19,580
(177)
2,519
4,376
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
-
-
12,800
18,599
21,845
19,156
17,678
5,469
6,548
14,282
25,646
6,278
Restricted Fund
26,454
33,822
39,094
56,131
54,568
Endowment Fund
19,541
22,126
31,105
37,301
44,502
Unrestricted Fund
5,843
4,111
4,142
6,555
7,195
51,838
60,059
74,341
99,987
106,265
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 www.bccancerfoundation.com/annualreport
or call us toll free at 1.888.906.2873.
W W W.BCCANCERFOUNDATION.COM
11
http://www.bccancerfoundation.com/annualreport
http://WWW.BCCANCERFOUNDATION.COM
Table of Contents for the Digital Edition of BC Cancer Foundation 2014 Report to Donors
BC Cancer Foundation 2014 Report to Donors
Contents
Partners in Hope
Partners in Change
Partners in Discovery
Financial Summary
BC Cancer Foundation 2014 Report to Donors
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