Waldenstrom's Macroglobulinemia Foundation of Canada

2005 Financial Statements

Uploaded:   June 30, 2006

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Waldenstrom's Macroglobulinemia Foundation of Canada
Balance Sheet
As at December 31, 2005
   
ASSETS
Current assets:  
      Cash in bank $51,844.81
      Accounts receivable        221.95
  $52,066.76
   
LIABILITIES
Current liabilities: 
      Accounts payable $     274.99
   
EQUITY
Retained earnings: 51,791.77
  $52,066.76

Approved on behalf of the Board:

signed
A. Hinchcliffe . . . . . . . . Director and President
R. J. Anderson . . . . . . . . Director and Treasurer


Waldenstrom's Macroglobulinemia Foundation of Canada
Statement of Revenue and Expenses
For the year ended December 31, 2005
      
Revenues:   
 Receipted donations received during the year (see Note 7):
  Membership Fees  $17,465.00
  Research Donations  45,490.00
     62,955.00
 Other donations (received from the United Way)     225.75
   Total revenues  63,180.75
Expenses:   
 Research contribution (to Alberta Cancer Board)
    (see object "b" in Note 5)
25,000.00 
 Payment to International Waldenstrom's Macroglobulinemia
    Foundation (IWMF) for member services (part of public
    education and dissemination of information to persons
    suffering from Waldenstrom's Macroglobulinemia
    (see object "a" in Note 5)
11,760.42 
 Travel costs:  
     Vancouver trip451.51 
     Montreal trip860.151,311.66
 Stationery and office supplies987.57 
 Postage costs225.34 
 Video maching rental costs
   (for IWMF education seminar videos)
221.95 
 Website costs274.99 
 Credit card fees668.17 
 Bank service charges   126.33 
   Total expenes  40,576.43
Net excess of revenues over expenses for the year  $22,604.32

Waldenstrom's Macroglobulinemia Foundation of Canada
Statement of Retained Earnings
For the year ended December 31, 2005
   
Balance, beginning of year $         $29,187.45
Net excess of revenues over expenses for the year (per statement)  22,604.32
Balance, end of year $51,791.77

Waldenstrom's Macroglobulinemia Foundation of Canada
Notes to the Financial Statements
December 31, 2005


  1. ACCOUNTING POLICIES
  2. INCORPORATION
  3. COMMENCEMENT OF CHARITABLE ACTIVITIES
  4. STATUS
  5. OBJECTS
  6. DIRECTORS AND OFFICERS
  7. ANALYSIS OF RECEIPTED DONATIONS FOR THE 2005 YEAR
         
    Membership Fees:   
        $1-$49  8$   190.00 
        $50-$99 (Basic)482,425.00 
        $100-$499 (Sustaining)577,850.00 
        $500-$999 (Supporting)84,000.00 
        $1,000 (Benefactor)   3 3,000.00 
       124 17,465.00
    Research Donations:   
        $1-$49  561,205.00 
        $50-$99  241,255.00 
        $100-$499  6410,380.00 
        $500-$999  126,250.00 
        $1,000  1616,000.00 
        >$1,000  210,400.00 
       174 45,490.00
      (donors in total)291 $62,955.00

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