History 2014 Donations Applications
Donation Policy 2015 Donations Financial Info

 

 

Financial Information for 2015

 

 

 

The McLean Foundation Statement of Financial Position
as at December 31st, 2015

Assets

 

Cash and accounts receivable

   $ 2,583,932

Stocks and other Securities (at Market Value)

50,505,698

 

  $ 53,089,630

 

 

Liabilities

 

Accounts Payable

$ 78,926

 

 

Fund Balances

 

Capital Funds (at Market Value)

57,125,181

Operating Fund

(4,114,477)

 

  53,010,704

   
    $ 53,089,630

Summary of Revenue and Expenditure
for the Year Ending December 31st, 2015

Revenue

 

Dividends

638,472

Bond and Debenture Interest

1,364

Other Income

850,516

 

$ 1,490,352

 

 

Expenditure

 

Administrative Expenses

332,936

Income before charitable donations paid

1,157,416

Charitable donations paid

(1,833,874)

Net Loss for the year

(676,458)

 

 

Operating Fund, beginning of year

(3,438,019)

Operating Fund, end of year

$  4,114,477)


 

 

Home | History | Organization & Donations Policy | Application Procedure | 2015 Donations | 2014 Donations | Financial Info

© Copyright 2016 The McLean Foundation | Mr. McLean’s Photograph Copyright Karsh, Ottawa