Villa Charities Foundation 2018 Annual Report VC19_AnnualReport_Foundations_May3_HR - Page 16

villa charities foundation statement of operations sources of revenue 2018 16% 27% Giro Cycling Fundraisers 8% Golf Classic Third Party Events General Donations & Dedications ($000s) FOR THE YEAR DECEMBER 31 2018 2017 Donations & Special Events Revenue 578 1,197 Investment Income 218 227 796 1,424 Expenses 609 837 Unrealized investment losses 377 21 Donations dispersed 402 434 (592) 132 Surplus / (Deficit) 4% 45% Investment Income areas funded 2018 Villa Charities Inc. 12% 16 VILLA CHARITIES FOUNDATION ANNUAL REPORT 88% Long–Term Care 17