Radio Starmaker Fund

Have Questions? Call 1-888-256-2211 (toll-free)

Radio Starmaker Fund Annual Report

2015 / 2016

Radio Starmaker Fund Condensed Statement of Financial Position as at August 31, 2016

2016
Administration Fund
$
Capital Asset Fund
$
Grant Fund
$
Total
$
Assets
Current assets
Cash 166,055 - 1,150,952 1,317,007
Investments - - 22,205,982 22,205,982
Prepaid expenses 7,871 - - 7,871
173,926 - 23,356,934 23,530,860
Internally restricted investments 405,998 - - 405,998
Capital assets - 13,848 - 13,848
579,924 13,848 23,356,934 23,950,706
Liabilities
Current liabilities
Accounts payable 67,745 - - 67,745
Grant liability - - 2,064,848 2,064,848
67,745 - 2,064,848 2,132,593
Fund Balances
Invested in capital assets - 13,848 - 13,848
Restricted 405,998 - 21,292,086 21,698,084
Unrestricted 106,181 - - 106,181
512,179 13,848 21,292,086 21,818,113
579,924 13,848 23,356,934 23,950,706