WILKINSON. Integrity I(no~vled.(je, Solutions NORTHUMBERLAND UNITED WAY FINANCIAL STATEMENTS AS AT MARCH 31, 2015

Transcription

1 WILKINSON Integrity I(no~vled.(je, Solutions NORTHUMBERLAND UNITED WAY FINANCIAL STATEMENTS AS AT MARCH 31, 2015 WILKINSON & COMPANY LLP - CHARTERED ACCOUNTANTS TelepHone Toll Free Fax P.O. Box 400, 71 Dundas Street West, Trenton, Ontario K8V 5R6

2 TABLE OF CONTENTS AS AT MARCH 31, 2015 INDEPENDENT AUDITORS REPORT FINANCIAL STATEMENTS Statement of Financial Position Statement of Changes in Net Assets Statement of Revenues and Expenses Statement of Cash Flows Notes to Financial Statements Supplementary Financial Information W1LKINSON~

3 WILKINSON To the Board of Directors Northumberland United Way INDEPENDENT AUDITORS REPORT Report on the Financial Statements We have audited the accompanying financial statements of Northumberland United Way, which comprise the statement of financial position as at March 31, 2015 and the statements of changes in net assets, revenues and expenses and cash flows for the period then ended, and a summary of significant accounting policies and other explanatory information. Management s Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with Canadian accounting standards for not-for-profit organizations and for such internal control as management determines is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor s Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Canadian generally accepted auditing standards. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor s judgment, including the assessment of the risks of ~naterial misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity s internal control. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified audit opinion. Basis for Qualified Opinion In common with many charitable organizations, the organization derives revenue from donations and campaign events, the completeness of which is not susceptible to satisfactory audit verification. Accordingly, our verification of these revenues was limited to the amounts recorded in the records of organization. Therefore, we were not able to determine whether any adjustments might be necessary to donations and campaign revenue, excess of revenue over expenses, assets and fund balances. WILKINSON & COMPANY LLP - CHARTERED ACCOUNTANTS Telephone Toll Free Fax P.O. Box 400, 71 Dundas Street West, Trenton, Ontario K8V 5R6

4 Qualified Opinion In our opinion, except for the possible effects of the matter described iu the Basis for Qualified Opinion paragraph, the financial statements present fairly, in all material respects, the financial position of Northumberland United Way as at March 31, 2015, and the results of its operations and its cash flows for the period then ended in accordance with Canadian accounting standards for not-for-profit organizations TRENTON, Canada June 8, 2015 Chartered Accountants Licensed Public Accountants

5 STATEMENT OF FINANCIAL POSITION AS AT MARCH 31, CURRENT Cash Short-term investments - Note 3 Accounts receivable - Note 2 (i) Prepaid expenses and deposits ASSETS March 31, December 31, $ (See Note 18) 336, , , , , ,962 18,778 24, ,130 1,249,483 TRILLIUM FUND - Note 4 2,605 2,605 TANGIBLE CAPITAL ASSETS - Note 5 52,697 56, ,432 1,308,487 CURRENT Accounts payable and accrued liabilities - Note 7 Government remittances payable Deferred designated donation revenue Deferred capital grant revenue - Note 6 Deferred operating revenue Deferred Food 4 All Warehouse revenue - Note 7 Deferred campaign events LIABILITIES 83, ,355 8,3O0 6,432 52,582 52,582 25,934 27,313 51,035 53,606 40,062 7, , ,350 NET ASSETS Invested in tangible capital assets Planned giving - Note 8 General reserve - Note 9 26,763 29,086 40,713 40, , , , , ,432 1,308,487 APPROVED ON BEHALF OF THE BOARD Director Director The accompanying notes form an integral part of these financial statements

6 BALANCE - BEGINNING OF PERIOD NORTHUMBERLAND UNITED WAY STATEMENT OF CHANGES IN NET ASSETS Investment in Tangible Capital Planned General Assets Giving Reserve (internally restricted) (internally restricted)(unrestricted) Note 8 Note 9 $ $ Total (3 Months) 2015 $ 29,086 40, , ,137 EXCESS OF (EXPENDITURES OVER REVENUE) (2,323) 133 (153,238) (155,428) NET CHANGE IN INVESTMENT TANGIBLE CAPITAL ASSETS - - BALANCE - END OF PERIOD 26,763 40, , ,709 Investment in Tangible Capital Planned General (12 Months) Assets Giving Reserve Total 2014 $ $ $ $ 4 BALANCE - BEGINNING OF YEAR EXCESS OF REVENUES OVER EXPENDITURES (EXPENDITURES OVER REVENUE) NET CHANGE IN INVESTMENT TANGIBLE CAPITAL ASSETS BALANCE-END OF YEAR 36,310 40, , ,969 (9,541) 529 (93,820) (102,832) 2,317 - (2,317) 29,086 40, , ,137 Note 9. General Reserve The general reserve represents the remaining net assets which include monies raised during the current period and pledges receivable, net of a $25,000 pledge loss allowance, at the end of the year. These amounts are intended to fund United Way programs, grants, allocations to partner agencies and operations in the subsequent year. The organization intends to maintain a minimum cash on hand amount equivalent to three months of operations. The accompanying notes form an integral part of these financial statements WILKINSON ~;;

7 STATEMENT OF REVENUES AND EXPENSES 5 REVENUES Donations Campaign events Campaign Sponsorship Bequests, stock transfers and one time gifts Funds transferred from other United Way - Centraides - Schedule F Funds transferred to other United Way - Centraides - Schedule G Uncollected pledges (pledge loss) (3 Months) 2015 $ (See Note 18) (12 Months) 2014 $ 16, ,814 5, ,366-8,000 5, ,056 20,296 78,486 - (2,493) (369) (17,805) 47,020 1,074,424 Action for Community Change - Note 10 Amortization of deferred capital grants Back Pack program Day of Caring Employment grants (HRSDC) Info Northumberland and Note 10 Investment income Northumberland Food 4 All Warehouse - Note 10 Other revenue Status of Women - Note 10 Volunteer Fair Winter Warmth 8, ,503 1,379 6,920-19, ,967-1,980 7,825 36,955 1,358 6,624-30,359 2,021 9,067 38,876 79,206-1,480 3,800 32, ,167 1,437,300 EXPENSES Campaign events Fundraisin[g expenses FUNDS AVAILABLE FOR ALLOCATIONS AND PROGRAMS Allocation and Programs: Action for Community Change Allocations and designations United Way Programs ,020 30, ,321 80,165 1,253,959 8, , , , , , ,593 1,356,791 DEFICIENCY OF REVENUE OVER EXPENDITURES - Note 15 Q55,428)!102,832) The accompanying notes form an integral part of these financial statements

8 STATEMENT OF CASH FLOWS 6 (3 Months) (12 Months) $ $ OPERATING ACTIVITIES Deficiency of revenue over expenditures Adjustment for items which do not affect cash - Amortization of tangible capital assets Amortization of deferred capital grants Net change in non-cash working capital balances Investments Accounts receivables Prepaid expenses Accounts payable and accrued liabilities Government remittance payables Deferred designation donation revenue Deferred campaign events revenue Deferred Food 4 All Warehouse revenue Deferred operating revenue (155,428) (102,832) 3,702 16,461 (1,379) (6,920) (153,105) (93,291) (100,042) 77, ,653 3,708 5,927 (2,022) (221,898) 221,055 1,868 (1,612) - 13,921 7,415 - (40,062) (5,317) (2,571) (81,163) CASH FLOWS PROVIDED FROM (USED IN) OPERATING ACTIVITIES (350,815) 133,242 INVESTING ACTIVITIES Purchase of tangible capital assets - (2,317) CASH FLOWS USED IN INVESTING ACTIVITIES - (2,317) NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS FOR PERIOD CASH AND CASH EQUIVALENTS - BEGINNING OF PERIOD CASH AND CASH EQUIVALENTS - END OF PERIOD (350,815) 130, , , , ,905 The accompanying notes form an integral part of these financial statements WILKINSON ~ "

9 NOTES TO FINANCIAL STATEMENTS 7 1. NATURE OF OPERATIONS The Northumberland United Way is a not-for-profit organization incorporated without share capital under the laws of Ontario. its principal activities include the fundraising for and allocation to notfor-profit organizations. The organization is a registered charity, with charitable registration number RR0001, is exempt from income tax and may issue charitable donation income tax receipts to donors. 2. ACCOUNTING POLICIES Outlined below are those accounting policies adopted by the company considered to be particularly significant: (a) Basis of Accounting These financial statements are prepared in accordance with Canadian Accounting Standards for Not-for-Profit Organizations. The organization follows the accrual method of accounting. The accrual basis recognizes revenue as they become available and measurable; expenses are recognized as they are incurred and measurable as a result of goods or services received and the creation of a legal obligation to pay. (b) Accounting Estimates The preparation of financial statements in conformity with Canadian generally accounting standards for not-for-profit organizations requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant items subject to such estimates and assumptions include valuation of the allowance for pledge losses and deferred revenue, and the estimated useful life of the capital assets. Actual results could differ from those estimates. (c) Cash and Equivalents Cash and equivalents consist of cash on hand, bank balances and investments in savings accounts. (d) Investments Investments are recorded at fair value. Fair values of the investments are determined by reference to published price quotations provided by the organization s investment broker. Transaction cost on the acquisition and sale of investments are expensed in operations. Unrealized gains and losses are reported in operations. Realized gains and losses on the disposal of investments are determined on a completed transaction basis.

10 NOTES TO FINANCIAL STATEMENTS 8 2. ACCOUNTING POLICIES - (Cont d) (e) Tangible Capital Assets Tangible capital assets are stated at acquisition cost. Gains or losses on the disposal of individual assets are recognized in earnings in the year of disposal. Amortization of tangible capital assets, which is based on estimated useful life, is calculated on the following bases and at the rates set out below: Asset Basis Rate Computer and software Declining balance 30% Furniture and fixtures Declining balance 20% Vehicles Declining balance 20% (f) Government Assistance Government assistance related to operating program is recognized as revenue when received or receivable. Government grants related to capital projects are recorded as deferred capital grant revenue when received, and are amortized to revenue on the same basis as the amortization of the related capital assets. (g) Contributed Services The work of the organization is dependent on the voluntary service of many members and others. Since these services are not normally purchased by the organization and because of the difficulty of determining their fair value, contributed services are not recognized in these financial statements. (h) Allocation of Expenses The organization engages in the activities of fundraising and community support programs. The costs of each activity include the costs of the personnel, premises and other expenses that are directly related to providing the activities. The organization also incurs certain general support expenses that are common to the management and administration of the organization and all of its activities. The organization allocates its general management and administration expenses by identifying the appropriate basis of allocating each component expense, and applies that basis consistently each year. General management and administration expenses are allocated proportionately on the same basis as the direct salaries and benefits of the activity. WILKI N SON ~

11 NOTES TO FINANCIAL STATEMENTS 9 2. ACCOUNTING POLICIES - (Cont d) (i) Revenue Recognition The organization follows the deferral method of accounting for contributions. Restricted contributions are recognized as revenue in the year in which the related expenses are incurred. Unrestricted contributions and pledges are recognized as revenue when received, or receivable when the pledge has been made, and when they can be reasonably estimated and collection is reasonably assured. Pledges receivable at year end amounted to $269,834 net of allowance for uncollectible amounts of $25,000. Revenue from grants is recognized in the year to which the funding related where all substantial agreements terms have been met. 3. SHORT-TERM INVESTMENTS March 31, December 31, $ $ Mutual funds 214, , TRILLIUM FUND The Trillium Fund consists of funds invested with United Way of Canada as part of a matching investment with Ontario Trillium Foundation in the 1980 s. Interest is earned on the fund. WILKINSON

12 NOTES TO FINANCIAL STATEMENTS TANGIBLE CAPITAL ASSETS March 31, 2015 Accumulated Cost amortization Cost $ $ $ December 31, 2014 Accumulated amortization $ Computer and software Furniture and fixtures Vehicles 67,806 53,860 67,806 52,729 55,726 41,654 55,726 40, ,992 83, ,992 81, , , , ,125 Cost less accumulated amortization $ 52,697 $ 56, DEFERRED CAPITAL GRANT REVENUE Donations and funding received for the purchase of specific capital assets are amortized to revenue at the same rate as the amortization of those related capital assets. The amortized revenue in the current period is $1,379 ( $6,920). March 31, December 31, Ontario Trillium Foundation Rotary Club of Cobourg Canadian Tire Foundation for families and Cobourg Canadian Tire Store County of Northumberland Kraft Canada Ontario Association of Food Banks 83,700 83,700 12,500 12,500 9,500 9,500 6,000 6,000 15,000 15,000 7,500 7, , ,200 Cumulative portion recognized as revenue 108, ,887 25,934 27,313

13 NOTES TO FINANCIAL STATEMENTS DEFERRED FOOD 4 ALL WAREHOUSE REVENUE Northumberland United Way is the charitable partner for the Food 4 All Warehouse, a program of Northumberland County. Excess funds accumulated are included in accounts payable and accrued liabilities and have been transferred to Northumberland County in the amount of $40,062 subsequent to the year-end. 8. PLANNED GIVING NET ASSETS The Board of Directors has established a Planned Giving Fund for selected bequests received, at the discretion of the Board. These net assets are currently held in a high-interest saving account. Investment income earned on the fund is reinvested in the fund. 9. GI~NERAL RESERVE The general reserve represents the remaining net assets which include monies raised during the current period and pledges receivable, net of a $25,000 pledge loss allowance, at the end of the year. These amounts are intended to fund United Way programs, grants, allocations to partner agencies and operations in the subsequent year. The organization intends to maintain a minimum cash on hand amount equivalent to three months of operations. 10. COMMUNITY PROGRAM REVENUES Action for Community Change The United Ways of Northumberland, Oxford, Leeds & Grenville and Sault Ste. Marie are partners in this three-year project funded by a province-wide Ontario Trillium Foundation grant totalling $405,700. Northumberland United Way as the lead agency is responsible for the financial management of the grant, which includes accepting all funds, revenue, and expenditures. This program was completed in February 2015.

14 NOTES TO FINANCIAL STATEMENTS COMMUNITY PROGRAM REVENUES - (Cont d) Info Northumberland and 211 Info Northumberland is an information and referral service funded by the United Way, Northumberland Family Respite and 211 Ontario Service Corporation. Info Northumberland provides data records for the province-wide 211 initiative. This initiative is available in Northumberland through a collaboration with 211 Ontario Service Corporation and Northumberland United Way. Northumberland Food 4 All Warehouse Northumberland Food 4 All Warehouse is a centralized food distribution warehouse funded and operated by the County of Northumberland. The United Way is the charitable partner for the warehouse. Status of Women Northumberland United Way is a partner with Northumberland County on the Status of Women twoyear project funded by a Status of Women Canada grant totalling $165,730. Northumberland United Way is responsible for the financial management of the grant which includes accepting all funds, revenue, and expenditures, providing reimbursements to the County as a partner. New Horizons for Seniors Program Funded by the Government of Canada in the amount of $24,375, and in partnership with Community Training & Development Centre, this 12-month program is designed to engage seniors within Northumberland County to assist newcomers with their conversational English skills. This Skype relationship will allow the "Skype Friends" to have guided conversations over a set period of time. While the primary focus is to engage seniors in mentorship activities, the program will also address social participation and inclusion of seniors and newcomers; both groups potentially at risk of social isolation. 11. COMMITMENT The organization has entered into a 7-year lease agreement for its current premises at an annual base rent of $17,990 plus common area costs, municipal taxes, and applicable sales taxes. The lease will expire in April W1LKINSON~

15 NOTES TO FINANCIAL STATEMENTS ALLOCATION OF EXPENSES General management and administrative expense of $11,085 ( $48, months), which including amortization of tangible capital assets, have been allocated as reflected on Schedule A to Fundraising (Schedule B) and Charitable Programs & Services (Schedule C). Distribution of these expenses is based on a breakdown of staff time spent in each area. 13. COMMUNITY PROGRAM EXPENSES 2015 Info Action for N Land Food Community and 4 All Change (see note) 211 Warehouse $ $ $ Advertising - - Food purchases - - Office and miscellaneous Professional development, training and membership Wages, benefits and fees 8,337 13,837 Vehicle and travel - - Status of Women $ 300 1,822 34,441 2,313 8,788 14,804-38,876 Northumberland United Way is the lead on the Trillium Collaborative among four United Ways: Northumberland, Leeds & Grenville, Oxford and Sault Ste Marie. Expenses and revenue are recorded for all United Ways as well as the Project Manager Info Action for N Land Food Community and 4 All Status of Change 211 Warehouse Women $ $ $ $ Advertising Food purchases Office and miscellaneous Professional development, training and membership Wages, benefits and fees Vehicle and travel - 4,500 1,003 10, ,186 2,317 2,630 4,082 10,432 14, , ,540 51,398 58, , ,782 59,085 30,359 79,206 WILKINSON

16 NOTES TO FINANCIAL STATEMENTS BOARD OF DIRECTORS FINANCIAL DISCLOSURE In 2015, Northumberland United Way incurred expenses for rent with Northumberland County where one member of its Board of Directors is associated. Transactions involving Northumberland United Way and the County totalled $9,214 ( $39,555). These transactions are considered to be in the normal course of business and measured at fair market value. 15. DEFICIENCY OF REVENUES OVER EXPENSES Deficiency in revenue at period end of $155,428 includes funds carried forward to 2015 including: Back Pack Program $19,667; Children s Services $3,693; Day of Caring $2,035; Status of Women Program $1,265; New Horizons for Seniors $24, CAPITAL DISCLOSURES - NOT-FOR-PROFIT ORGANIZATIONS The organization s objectives with respect to capital management are to maintain a minimum capital base that allows the organization to continue with and execute its overall purpose as disclosed in Note 1, "Nature of Operations." The organization s Board of Directors perform periodic reviews of the Organization s capital needs to ensure they remain consistent with the risk tolerance that is acceptable to the Organization. 17. FINANCIAL INSTRUMENTS RISK (a) Interest Rate Risk Interest rate risk is the potential for financial loss caused by fluctuations in fair value or future cash flows of financial instruments because of changes in market interest rates. The organization is exposed to interest rate risk through its interest-bearing corporate debt securities, as discussed in Note 3 of these financial statements. As prevailing interest rates increase or decrease, the market value of the interest-bearing investments will change.

17 NOTES TO FINANCIAL STATEMENTS FINANCIAL INSTRUMENTS RISK - (Cont d) (b) Credit Risk Credit risk is the risk that one party to a financial instrument will cause a financial loss for the other party by failing to discharge an obligation. The organization is also exposed to credit risk arising from its accounts and contributions receivable. Credit risk is the risk that the counterparty to the transaction will not pay. The organization s cash is held at the regional credit union. The organization s cash equivalents and investments are held through two major institutions. The organization s accounts receivable includes a large number of smaller balances from individual donors in a number of different industries and sectors, and the assessment of collectibility of these amounts is based on historical collection rates of the organization. (c) Market Risk The organization is exposed to fluctuations in equity markets on its investments in mutual funds as described in Note 3 of these financial statements since they are invested in Canadian equities which are subject to stock market fluctuations. (d) Liquidity Risk Liquidity risk is the risk that the organization encounters difficulty in meeting its obligations associated with financial liabilities. Liquidity risk includes the risk that, as a result of operational liquidity requirements, the organization will not have sufficient funds to settle a transaction on the due date; will be forced to sell financial assets at a value which is less than what they are worth; or may be unable to settle or recover a financial asset. Liquidity risk arises from accounts payable and accrued liabilities. There have been no changes to the organization s financial instrument risk exposure from the prior year. 18. COMPARATIVE FIGURES The organization has received approval from Revenue Canada for a change in year end to March 31st. The comparison figures therefore are based on prior year end of December 31, 2014 for a 12- month period. Current period figures are based on revenue and expenditures from January 1, 2015 to period end March 31, 2015.

18 16 SUPPLEMENTARY FINANCIAL INFORMATION AUDITOR S COMMENTS ON SUPPLEMENTARY FINANCIAL INFORMATION 17 Schedule A: Schedule B: Schedule C: Schedule D: Schedule E: Schedule F: Schedule G: Schedule H: General Management and Administrative Expenses Fundraising Expenses Allocations and Programs Allocations and Designations to Partner Agencies Designations Paid to Other Charitable Organizations Funds Transferred from Other United Ways - Centraides Funds Transferred to Other United Ways - Centraides Community Grants Paid

19 AUDITOR S COMMENTS ON SUPPLEMENTARY FINANCIAL INFORMATION To the Directors of the Northumberland United Way We have audited the accompanying financial statements of Northumberland United Way, which comprise the statement of financial position as at March 31, 2015 and the statements of changes in net assets, revenues and expenses and cash flows for the period then ended, and a summary of significant accounting policies and other explanatory information and have issued our report thereon dated April 22, 2015 which contained a qualified opinion on those financial statements. The audit was performed to form an opinion on the financial statements as a whole. The supplementary financial information is presented for the purpose of additional analysis and is not a required part of the financial statements. Such supplementary information is the responsibility of management and was derived from the underlying accounting and other records used to prepare the financial statements. The supplementary information has been subjected to the auditing procedures applied in the audit of the financial statements and certain additional procedures, including comparing and reconciling such supplementary information directly to the underlying accounting and other records used to prepare the financial statements or the financial statements themselves. TRENTON, Canada June 8, 2015 Chartered Accountants Licensed Public Accountants WILKINSON &_ COMPANY LLP - CHARTERED ACCOUNTANTS Telephone Toll Free Fax P.O. Box 400, 71 Dundas Street West, Trenton, Ontario K8V 5R6

20 18 NORTHUMBERLAND UNITED WAY SCHEDULE A: GENERAL MANAGEMENT AND ADMINISTRATIVE EXPENSES (3 Months) (12 Months) $ Amortization of tangible capital assets Bank charges Insurance Office supplies Professional development and travel Professional services Rent Telephone Wages and benefits Total general management and administration expenses before allocation Allocation to fundraising expenses (To Schedule B) Allocation to program expenses (To Schedule C) 3,702 16, , ,200 4,021 1,382 5, ,771 15,212 11,085 48,934 (4,767) (21,042) (6,318) (27,892) Net ~eneral management and administration expenses

21 SCHEDULE B: FUNDRAISING EXPENSES 19 Insurance Meetings and travel Other direct fundraising expenses Printing material Professional development and training Professional services Rent Supplies Telephone Wages, employer costs and health benefits Wages and employer costs (HRSDC) (3 Months) (12 Months) s $ 644 1, , , , ,400 7,478 2,304 8, , ,648 18,177 82,847 4,961 Direct fundraising expenses 25, ,279 Allocation of general management and administrative expenses (from Schedule A) 4,767 21,042 30, ,321 Campaign event expenses ,020 Total fundraisin~; expenditures 31, ,341

22 SCHEDULE C: ALLOCATIONS AND PROGRAMS 20 Allocations and Designations Allocations and designations partner agencies (Schedule D) Designations to other charitable organizations (Schedule E) Community Grants (Schedule H) (3 Months) (12 Months) $ $ 102, ,894 6, ,042 3,500 49,947 Total allocations and designations 111, ,883 Charitable Program Expenses Action for Community Change - Note 13 Advertising Back pack program Bank charges Children s Services flowthrough Community membership and subscriptions Community investment process Day of Caring Info Northumberland and Note 13 Insurance National Marketing & Communications Northumberland Food 4 All Warehouse - Note 13 Northumberland Poverty Reduction Action Committee Office supplies Outcomes Measurement Professional development and conferences Professional services Rent Status of Women - Note 13 Telephone Travel United Way of Canada Membership dues Volunteer Fair Wages, employer costs and health benefits Winter Warmth 8, , ,195-19, , ,967 14,804 59, ,318-1,000-30, ,268-1,814-1,345 5,451 8,577 5,528 21,400 38,876 79, , ,214-7,902-1,147 37, ,151 3,800 32, , ,016 Allocation of general management and administration expenditures - (from Schedule A) 6,318 27,892 Total program expenditures 123, ,908 Total allocations and programs 235,593 1,356,791

23 SCHEDULE D: ALLOCATIONS AND DESIGNATIONS TO PARTNER AGENCIES 21 (3 Months) (12 Months) Allocations Designations Allocations Designations $ $ $ $ Community Living West Northumberland 6,050 Cornerstone Family Violence Treatment 17,500 Habitat for Humanity Kinark Child & Family Services -Youth Crisis Response 3,750 Learning Disabilities Association Northumberland Big Brothers Big Sisters 5,750 17,750 Northumberland Community Counselling Centre St. John Ambulance 11,250 3,750 The Help Centre 19,500 Victorian Order of Nurses 2,500 YMCA Northumberland 14,625 24,200 14,672 70,000 12,381 15,000 15,000 23,000 71, , , ,000 10, , , ,700 28,194 Total 102, ,894

24 22 NORTHUMBERLAND UNITED WAY SCHEDULE E: DESIGNATIONS PAID TO OTHER CHARITABLE ORGANIZATIONS ALS Society Arthritis Society Autism Ontario Baltimore Minor Hockey Association Campbellford Memorial Hospital Canadian Cancer Society Canadian Mental Health Association Canadian National Institute for the Blind Canadian Red Cross Capital Theatre Foundation Children s Wish Foundation Community Care Access Centre Community Care Port Hope0 Compassion Canada Durham Family Court Clinic Eco Justice Fare Share Food Bank Five Counties Children s Centre Grandview Children s Foundation Greenwood Coalition Heart & Stroke Foundation Interpares Juvenile Diabetes Research Foundation Kidney Foundation of Canada La Jeunesse Youth Orchestra Lung Association Medecins Sans Frontieres Nature Conservancy Canada Northumberland Food 4 All Warehouse Northumberland Child Development Centre Northumberland Hills Hospital Foundation Northumberland Humane Society Peterborough Communication Support Systems Port Hope Healthcare Foundation Port Hope Public Library Port Hope United Church Prostate Cancer Fight Foundation Queen s University Quinte Access Rebound Child and Youth Services Richard Ivey School of Business Salvation Army (3 Months) (12 Months) $ $ 6, , , ,815 59, , ,025 1, , ,474 2, , , ,800 59,285 3, , , WILKINSON

25 23 NORTHUMBERLAND UNITED WAY SCHEDULE E: DESIGNATIONS PAID TO OTHER CHARITABLE ORGANIZATIONS - (Cont d) (3 Months) (12 Months) $ $ St. Elizabeth Healthcare St. Francis of Assissi Church St. John s Anglican Church St. Mark s Anglican Church St. Peter s Anglican Church Shelter Valley Folk Festival Sounds of the Next Generation Toronto Hospital for Sick Children Wounded Warriors , ,109 5,173-5, , ,042

26 SCHEDULE F AND G: FUNDS TRANSFERRED FROM/TO OTHER UNITED WAYS - CENTRAIDES 24 SCHEDULE F: FUNDS TRANSFERRED FROM OTHER UNITED WAYS - CENTRAIDES (3 Months) (12 Months) $ $ UnitedWay of Burlington UnitedWay of Canada UnitedWay of Durham UnitedWay of Greater Toronto UnitedWay of Greater Simcoe UnitedWay of Kingston UnitedWay of Montreal UnitedWay of Oakville UnitedWay of Ottawa UnitedWay of Peel Region UnitedWay of Peterborough UnitedWay of Sault Ste Marie UnitedWay of Quinte UnitedWay of Winnipeg UnitedWay of York Region Flow-Through from Host United Ways - Centraides Government of Canada (UWC) GM Oshawa (UW Oshawa) ,426 16,263 32, ,276-2, , 3, ,997 20,296 48,253 5,633 24,600 20,296 78,486 SCHEDULE G: FUNDS TRANSFERRED TO OTHER UNITED WAYS - CENTRAIDES United Way of Durham United Way of Quinte 2, ,493

27 SCHEDULE H: COMMUNITY GRANTS PAID (3 Months) 2015 $ (12 Months) 2014 $ 25 COMMUNITY IMPACT GRANTS Affordable Housing Initiative Brighton Fare Share Food Bank Campbellford Fare Share Food Bank Colborne Legion Assistance Fund Community Care Northumberland Community Living West Northumberland Community Works Greenwood Coalition Hastings Roseneath Ministerial Food Bank Help Centre Northumberland New Canadians Centre Northumberland County Parasport Games Northumberland Multicultura112entre Northumberland Players Salvation Army St. Paul s United Church Seven Hills Community Pantry Sounds of the Next Generation ,000-2, , ,500-3,800-5, ,000 3,500-3, ,000 Total 3,500 49,947