Financials – The WoodGreen Foundation

On behalf of the Foundation Board, It is a privilege for me to thank our donors whose visionary support, through philanthropy, made a positive impact on the cultural mosaic of our community.

"Only a life lived for others is a life worthwhile" –Albert Einstein

Our donors, who give both their time and financial support for the benefit of others, truly embody this ideal and the spirit of our city.

As you turn the next few pages, you will see the names of individuals and organizations that have chosen us as a partner in their philanthropic journey–one that is inspired and fuelled by their desire to create opportunities for their fellow Torontonians.

Michael Worb
Board Chair, The WoodGreen Foundation

THE WOODGREEN FOUNDATION
COMMUNITY CARE EAST YORK FUND

2015 2014
$ $
Closing Balance 1,142,719 1,169,610
RECIEPTS
Donations 225 2,430
Investment income earned on fund balances 34,419 24,198
Total 1,204,254 1,219,610
DISIMBURSEMENTS
Less: Donations to WoodGreen Community Services ** 61,535 50,000
** Donations of $50,000 during the 2013-14 year and $61,535 during the 2014-15 year to WoodGreen Community Services were used to fund the Framework for research on housing needs of seniors in East York

THE WOODGREEN FOUNDATION
CONDENSED STATEMENT OF REVENUE
AND EXPENSES – 2014-2015 FISCAL YEAR

2015 2014
$ $
Excess of revenue over expenses 58,671 944,240
Fund Balances - beginning of year 2,889,807 1,945,567
Fund Balances - end of year 2,948,478 2,889,807
REVENUE
Donations 1,182,147 1,634,203
Special events 88,593 92,054
Investment income and change in fair value of investments 53,506 36,027
EXPENSES
Fundraising and special events 63,580 85,784
Administrative 104,015 97,288
Amortization of capital assets - -