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Financials
 
     
 

Fiscal responsibility is important to us at Canadian Feed The Children and is achieved through our mandate to focus resources on the children and communities we serve; to be highly accountable to our donors; and to uphold our vital programming principles, which have been adapted from the United Nations Convention on the Rights of the Child. These principles include gender equality, environmental responsibility, community participation, partnership and ethical allocation of resources.

In 2009, we directed 84 per cent of our $18.7 million budget to our programs for children; 12 per cent was directed to fundraising activities; and 4 per cent went to administration expenses. In addition to funding important child development programs in seven countries, this past year we provided life-saving medicines such as antibiotics, antipyretics, antibacterial, anti-malarial and tuberculosis drugs to grateful communities in Haiti and Uganda. Read more about our medicine shipments. For a full picture of how your donations help children, please see our program pages or our annual reports. Read more about our fundraising and administration activities.

With our fiscal year being the calendar year, you can expect our 2010 financial statements to be available in mid-spring of 2011.

2009 Financials

Income Statement
Year ended December 31, 2009
   
     
Revenue    
Contributions and events
          
$6,819,838
 
Interest and other income

159,921

 
Medicines

11,884,245

 
 
$18,864,004
 
 
 
Expenditures

 
Programs

15,699,782

 
Fundraising

2,253,803

 
Administration
834,851
_______________
 
 
$18,788,436
 
 
 
Excess Revenue
$75,568
 

Auditor: Nethercott & Company, Chartered Accountants

The figures in the above statement of income and expenditures have been extracted from the financial statements of Canadian Feed The Children for the year ended December 31, 2009.

Full audited statements for 2009 was adopted by our board of directors on June 8, 2010 and are available upon request. If you have any questions or comments about our financial picture, please contact us by email at contact@canadianfeedthechildren.ca or by phone at 1-800-387-1221.

Ethical Code
We are a member of Imagine Canada’s Ethical Code Program, which lays out a set of standards for charitable organizations to manage and report their financial affairs responsibly. By adhering to these standards, we are complying with generally accepted practices for soliciting and managing donor dollars.  This is important because you, our supporters, are entitled to transparency and the greatest impact possible for your investment in us.