Financials

THE WOODGREEN FOUNDATION

Financials for 2019-2020 Fiscal Year
Charitable Registration Number: 891038507 RR0001

CONDENSED STATEMENT OF REVENUE AND EXPENSES

REVENUE ($) 2020 2019
Donations 2,468,147 2,294,088
Special Events – –
Investment Income and change in fair value of investments 26,769 180,863
TOTAL 2,494,943 2,474,951
EXPENSES ($) 2020 2019
Fundraising and special events 126,146 88,250
Administrative 485,726 221,775
Amortization of capital assets – –
TOTAL 611,872 310,025
EXCESS (DEFICIENCY) OF REVENUE OVER EXPENSES BEFORE DONATIONS 1,883,071 2,164,926
Donations to WoodGreen Community Services 1,645,880 549,619
Donations to WoodGreen Community Housing Inc. 79,246 –
EXCESS OF REVENUE OVER EXPENSES 237,191 1,615,307
FUND BALANCES
BEGINNING OF YEAR 		7,185,060 5,569,753
FUND BALANCES
END OF YEAR 		7,342,987 7,185,060
COMMUNITY CARE EAST YORK FUND ($) 2020 2019
OPENING BALANCE 1,263,052 1,219,705
Receipts
Donations – –
Investment income earned on fund balances 26,555 43,322
TOTAL 1,289,607 1,263,052
Disbursements
Less: donations to WoodGreen Community Services – –
CLOSING BALANCE 1,289,607 1,263,052