{"id":113,"date":"2018-05-01T21:02:29","date_gmt":"2018-05-01T21:02:29","guid":{"rendered":"https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/?p=113"},"modified":"2018-05-23T21:06:51","modified_gmt":"2018-05-23T21:06:51","slug":"financial-highlights","status":"publish","type":"post","link":"https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/index.php\/2018\/05\/01\/financial-highlights\/","title":{"rendered":"Financial Highlights"},"content":{"rendered":"<p><strong>SOURCE OF FUNDS<br \/>\n<\/strong><img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-115 alignright\" src=\"https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/wp-content\/uploads\/2018\/05\/fin1-284x300.png\" alt=\"\" width=\"284\" height=\"300\" srcset=\"https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/wp-content\/uploads\/2018\/05\/fin1-284x300.png 284w, https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/wp-content\/uploads\/2018\/05\/fin1-768x811.png 768w, https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/wp-content\/uploads\/2018\/05\/fin1-970x1024.png 970w, https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/wp-content\/uploads\/2018\/05\/fin1-780x823.png 780w, https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/wp-content\/uploads\/2018\/05\/fin1-500x528.png 500w, https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/wp-content\/uploads\/2018\/05\/fin1-1200x1267.png 1200w, https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/wp-content\/uploads\/2018\/05\/fin1.png 1296w\" sizes=\"auto, (max-width: 284px) 100vw, 284px\" \/><strong>Annual fund<\/strong> represents donations received from generous individuals, companies and non-profit organizations through our annual and planned giving fundraising programs.<br \/>\n<strong style=\"font-size: 1rem;\">Foundation fundraising events<\/strong><span style=\"font-size: 1rem;\"> are funds generated through our signature events, including Parents\u2019 Quest for the Cure Gala, Dad and Daughter Gala, Golf a Kid to Camp, High Hopes Challenge and Shave Your Lid for a Kid\u00ae.<\/span><strong><br \/>\nCommunity fundraising<\/strong> <strong>events<\/strong> represent funds generated through fundraising initiatives hosted by individuals, companies, non-profit organizations and other generous groups in the community.<br \/>\n<strong>Capital campaign<\/strong> represents gifts and pledge payments to the Camp Kindle Capital Campaign.<br \/>\n<strong>Camp Kindle rentals <\/strong>represent revenue generated by making the facility available to community groups, companies, schools and other non-profit organizations during our off-season.<br \/>\n<strong>Other <\/strong>represents monies earned through interest on investments, government grants and from the Kids Cancer Care Derek Wandzura Memorial Scholarship Fund, an endowed fund at The Calgary Foundation.<\/p>\n<p><strong>INVESTMENT IN PROGRAMS AND SERVICES<br \/>\n<\/strong><strong>Camp and Outreach programs<\/strong> demonstrate our commitment to children and families affected by cancer, including summer and weekend camps at Camp Kindle and year-round outreach programs, such as the Teen Leadership Program or Cooking and Caring. These programs are designed to help children and families find support in a community that understands.<br \/>\n<img loading=\"lazy\" decoding=\"async\" class=\"size-medium wp-image-116 alignright\" src=\"https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/wp-content\/uploads\/2018\/05\/fin2-265x300.png\" alt=\"\" width=\"265\" height=\"300\" srcset=\"https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/wp-content\/uploads\/2018\/05\/fin2-265x300.png 265w, https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/wp-content\/uploads\/2018\/05\/fin2-768x870.png 768w, https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/wp-content\/uploads\/2018\/05\/fin2-904x1024.png 904w, https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/wp-content\/uploads\/2018\/05\/fin2-780x884.png 780w, https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/wp-content\/uploads\/2018\/05\/fin2-500x567.png 500w, https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/wp-content\/uploads\/2018\/05\/fin2.png 1200w\" sizes=\"auto, (max-width: 265px) 100vw, 265px\" \/><strong>Research<\/strong> is the foundation of successful cancer treatments. With your generous gifts, we supported the Experimental and Applied Therapeutics research program at the Alberta Children\u2019s Hospital and University of Calgary, which is dedicated to finding new therapies for children with high-risk cancers.<br \/>\n<strong>Scholarships<\/strong> help level the playing field for survivors and their families. In 2014, you helped us to invest in our endowed scholarship fund, while also awarding scholarships to survivors pursuing a post-secondary education.<br \/>\n<strong>Hospital<\/strong> programs help to ensure that Alberta children receive the specialized care they need right here in Alberta. Kids Cancer Care\u2019s hospital programs help the Alberta Children\u2019s Hospital to recruit and retain the best medical staff, fund an international pediatric oncology residency training program and to offer programs such as family education, bereavement, Look Good, Feel Good and the Beads of Courage.<br \/>\n<strong>Volunteers<\/strong> are at the heart of Kids Cancer Care. Our investment in our volunteer program was returned manyfold in 2014 in the 19,000 hours volunteers gave at our camp and outreach programs and at our fundraising events to support our mission.<br \/>\n<strong>Public awareness and education\u00a0<\/strong>includes programming associated with Childhood Cancer Awareness Month in September, along with the publication of our annual report, newsletters, website and videos to build awareness and support.<br \/>\n<strong>Acquisition of property and\u00a0<\/strong><strong>equipment<\/strong> primarily includes land improvements at Camp Kindle, renovations to the Music Hall at Camp Kindle and equipment to support our camp and outreach programs.<\/p>\n<p><strong>FINANCIAL HIGHLIGHTS<\/strong><br \/>\n\u2022 Through community support and the generosity of our donors, Kids Cancer Care raised $6.7 million through annual fundraising, our signature fundraising events, community fundraising events, the capital campaign, Camp Kindle rentals and other sources.<br \/>\n\u2022 Kids Cancer Care invested $2.7 million to offer a wide range of programs and services at no cost to families throughout the year, including camp and outreach, research, scholarships, hospital programs, volunteers, public awareness and education, and the acquisition of property and equipment.<br \/>\n\u2022 The direct costs associated with renting Camp Kindle to other user groups were $0.2 million.<br \/>\n\u2022 General and administrative costs of $0.6 million include our office lease, administrative staff salaries and benefits and other administrative costs essential to support operations and deliver programs and services.<br \/>\n\u2022 Fundraising costs totalling $1.4 million include the direct costs of our signature fundraising events along with the salaries and benefits of our fundraising staff and other direct costs key to generating funds to deliver programs and services.<br \/>\n\u2022 The Board of Directors approved the establishment of a combined internally restricted operating and capital reserve of $2.0 million to provide for cash flow shortages, downturns in the economy and capital asset management. The reserve was fully funded in the year and is held in short-term investments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SOURCE OF FUNDS Annual fund represents donations received from generous individuals, companies and non-profit organizations through our annual and planned giving fundraising programs. Foundation fundraising events are funds generated through our signature events, including Parents\u2019 Quest for the Cure Gala, Dad and Daughter Gala, Golf a Kid to Camp, High Hopes Challenge and Shave Your [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":119,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/index.php\/wp-json\/wp\/v2\/posts\/113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/index.php\/wp-json\/wp\/v2\/comments?post=113"}],"version-history":[{"count":3,"href":"https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/index.php\/wp-json\/wp\/v2\/posts\/113\/revisions"}],"predecessor-version":[{"id":118,"href":"https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/index.php\/wp-json\/wp\/v2\/posts\/113\/revisions\/118"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/index.php\/wp-json\/wp\/v2\/media\/119"}],"wp:attachment":[{"href":"https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/index.php\/wp-json\/wp\/v2\/media?parent=113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/index.php\/wp-json\/wp\/v2\/categories?post=113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kidscancercare.ab.ca\/annual-report-2015\/index.php\/wp-json\/wp\/v2\/tags?post=113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}