We are pleased to present the Statement of Financial Activities for the Canadian Cancer Society for the period of February 1, 2009, to January 31, 2010.
The Canadian Cancer Society Board of Directors is committed to careful stewardship of the Society’s financial resources. The Board of Directors is responsible for determining that management fulfills its responsibilities in the preparation of the financial statements. To fulfill this responsibility, the Board created a finance, audit and risk management committee that meets with the Society’s national senior management to review the financial statements and the accounting policies the Society follows. The committee also meets with the Society’s external auditors, KPMG LLP, to review the results of the annual audit of the financial statements.
Upon completion of its review of the financial statements, the Finance, Audit and Risk Management Committee recommends them to the Board for approval. The voting members of the Committee and of the Board of Directors are all Canadian Cancer Society volunteers.
The complete financial statements, including the notes to the financial statements and the auditor’s report, are available on our website (cancer.ca) or by calling our national office at 416 961-7223.
|(In thousands of dollars)||Operations||Externally restricted|
|Relay For Life||53,004||51,005||—||—|
|Major and planned gifts||31,855||42,075||1,496||582|
|Investment income (expense)||5,435||1,200||453||(117)|
|Support for people living with cancer||36,545||37,051||77||155|
|Fundraising - lotteries||26,719||26,066||—||—|
|Management and general||9,245||9,754||24||37|
|Increase (decrease) in resources||(12,735)||3,914||2,529||2,910|