financial overview Our fundraising efforts continue to show steady increases year after year, with donors, sponsors and community organizations either renewing or making their first commitment to support the Foundation.
Revenue Fundraising Events KCCFA fundraising events continue to be a strong source of revenue. In 2004/05, our internally managed events grew in both size and scope. Our shave campaigns showed solid growth, generating $852,050 this year. Our newest initiative, the Big Wig Challenge, made the most significant difference by delivering 40% of the total. The Trico Homes Ride for a Lifetime resulted in a second successful year, increasing the number of riders to 71 and earning $207,317. Our extremely popular Don, Joanne and the Coach – Golf a Kid to Camp tournament, raised $116,016. While generating funds, these well-run events also help boost the Foundation’s profile in and around the Calgary community. Donations from Other Non-Profits Our stepped-up fundraising activities associated with foundations, community organizations and service clubs are also beginning to bear substantial fruit. Donations from other non-profits increased by 12.8%, or $18,015, from $140,264 in 2003/04 to $158,279 in 2004/05. Community Fundraising Events The area showing the most significant growth in 2004/05 was the community fundraising events, which jumped 37.6% or $142,817 over the previous year. Central to this growth is the contribution from the Calgary Motor Dealers Association through the Vehicles & Violins Gala, which brought in $81,439. Another
significant contribution came from the Golf a Kid to Cure tournament in Red Deer, which raised $92,000. In addition, two organizations that have been long-time supporters once again chose KCCFA as the beneficiary of their golf tournaments – Toromont Process Systems raised $54,000, while Cargill Foods collected $32,000.
Three-Year Revenue Growth (thousands of dollars)
Individual and Corporate Donors In 2004/05, revenues from individual and corporate donors dropped by 12.3% or $68,951 over the previous year. Despite growth in some areas, like direct mail, our results were affected by a one-time gift of $100,000 from a corporate donor, which we received in the previous fiscal year.
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Direct mail revenue jumped to $136,910, a 36% increase over 2003/04. And, the number of donors in our monthly giving program increased from 46 to 71 donors, now bringing in $21,000, representing a 50% increase over last year.
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Expenses We are proud to report that our largest increase went to Research, primarily to fund laboratory infrastructure. Clinical Support also received more financial resources for equipment and educational opportunities. And, Camp & Community Outreach received a modest increase for the development of new and existing programs. Research Programs KCCFA’s funding to Research jumped in 2004/05, increasing from $738,214 in 2003/04 to an astounding $1,129,987 in 2004/05. In addition to our multi-year research projects, this past year we funded a psychological study and specialized research equipment. Our largest investment was a $500,000 contribution towards the Children’s Cancer Research Centre (CCRC), which is in the final planning stages. By committing to make the CCRC a reality, the Foundation expects to sustain a high level of research funding over the next two years. 11
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