Financial Statements

The Community Foundation of Swan Valley is audited by a professional accounting firm each year in accordance with Canadian generally accepted auditing standards. The complete audited financial statements are available upon request

Statement of Financial Position as of June 30, 2023

Assets

Cash
Amounts Receivable
Prepaid Expenses
Long Term Investments
(at fair market value)

$318,881

$682
$4,535,716

$4,855,279

Liabilities & Surplus

Amounts payable
Deferred revenue
Operating Fund Surplus
Endowment fund surplus

$107,895
$140,663
$71,005
$4,535,716

$4,855,279

Statement of Financial Position as of June 30, 2022

Assets

Cash
Amounts Receivable
Prepaid Expenses
Long Term Investments
(at fair market value)

$267,595

$799
$4,037,162

$4,305,556

Liabilities & Surplus

Amounts payable
Deferred revenue
Operating Fund Surplus
Endowment fund surplus

$92,988
$112,188
$63,218
$4,037,162

$4,305,556

Statement of Financial Position as of June 30, 2021

Assets

Cash
Amounts Receivable
Prepaid Expenses
Long Term Investments
(at fair market value)

$218,014
$2,469
$1,459
$4,057,206

$4,279,148

Liabilities & Surplus

Amounts payable
Deferred revenue
Operating Fund Surplus
Endowment fund surplus

$78,334
$81,645
$61,963
$4,057,206

$4,279,148

Statement of Financial Position as of June 30, 2020

Assets

Cash
Amounts Receivable
Prepaid Expenses
Long Term Investments
(at fair market value)

$205,587
$1,231
$2,260
$3,172,053

$3,381,131

Liabilities & Surplus

Amounts payable
Deferred revenue
Operating Fund Surplus
Endowment fund surplus

$96,110
$77,827
$35,141
$3,172,053

$3,381,131

Statement of Financial Position as of June 30, 2019

Assets

Cash
Amounts Receivable
Prepaid Expenses
Long Term Investments
(at fair market value)

$160,494
$1,302
$2,500
$3,032,763

$3,197,059

Liabilities & Surplus

Amounts payable
Deferred revenue
Operating Fund Surplus
Endowment fund surplus

$38,664
$87,584
$38,048
$3,032,763

$3,197,059

Statement of Financial Position as of June 30, 2018

Assets

Cash
Amounts Receivable
Prepaid Expenses
Long Term Investments
(at fair market value)

$125,481
$877
$2,050
$2,488,155

$2,616,563

Liabilities & Surplus

Amounts payable
Deferred revenue
Operating Fund Surplus
Endowment fund surplus

$28,281
$70,063
$30,128
$2,488,091

$2,616,563

Statement of Financial Position as of June 30, 2017

Assets

Cash
Amounts Receivable
Prepaid Expenses
Long Term Investments
(at fair market value)

$122,676
$1,671
$2,131
$2,278,439

$2,404,917

Liabilities & Surplus

Amounts payable
Deferred revenue
Operating Fund Surplus
Endowment fund surplus

$18,111
$82,313
$26,064
$2,278,439

$2,404,917

Statement of Financial Position as of June 30, 2016

Assets

Cash
Amounts Receivable
Long Term Investments

$34,253
$2,081
$2,022,813

$2,059,147

Liabilities & Surplus

Amounts payable
Endowment Fund
Operating Fund

$16,791
$2,022,813
$19,543

$2,059,147

Statement of Financial Position as of June 30, 2015

Assets

Cash
Amounts Receivable
Long Term Investments

$31,001
$56,271
$1,959,501

$2,046,773

Liabilities & Surplus

Amounts payable
Endowment Fund
Operating Fund

$19,458
$2,014,014
$13,301

$2,046,773

Statement of Financial Position as of June 30, 2014

Assets

Cash
Amounts Receivable
Long Term Investments
(at fair market value)

$20,706
$43,257
$1,780,866

$1,844,829

Liabilities & Surplus

Amounts payablle
Endowment Fund
Operating Fund

$17,810
$1,821,323
$5,696

$1,844,829

Statement of Financial Position as of June 30, 2013

Assets

Cash
Amounts Receivable
Long Term Investments

$33,379
$35,732
$1,486,533

$1,555,644

Liabilities & Surplus

Amounts payable
Endowment Fund
Operating Fund

$11,570
$1,519,494
$24,580

$1,555,644

Statement of Financial Position as of June 30, 2012

Assets

Cash
Amounts Receivable
Long Term Investments

$29,420
$36,073
$1,205,170

$1,270,663

Liabilities & Surplus

Amounts payable
Endowment Fund
Operating Fund

$11,349
$1,233,434
$25,880

$1,270,663

Statement of Financial Position as of June 30, 2011

Assets

Cash
Amounts Receivable
Long Term Investments

$15,879
$33,710
$1,199,558

$1,249,147

Liabilities & Surplus

Amounts payable
Endowment Fund
Operating Fund

$12,181
$1,226,717
$10,249

$1,249,147

Statement of Financial Position as of June 30, 2010

Assets

Cash
Amounts Receivable
Long Term Investments

$14,755
$26,299
$949,531

$990,585

Liabilities & Surplus

Amounts payable
Endowment Fund
Operating Fund

$14,463
$970,536
$5,586

$990,585