Our Financials

YEAR ENDED MARCH 31, 2022

Osteoporosis Canada’s Program Fund, which accounts for revenue and expenses related to education, advocacy and awareness, administration, and fundraising, had a year-end deficit of $69,574. The Program fund balance at fiscal year-end has a balance of $704,560.

The Reserve Fund, established to provide some mitigation against unforeseen circumstances involving a revenue shortfall or unanticipated expenses, had a fiscal year end balance of $1,316,681.

The Research Fund which provides the financial resources for scientific research projects selected by the Scientific Advisory Council of Osteoporosis Canada, ended the fiscal year with a balance of $1,964,401.

The Bequest Fund which is comprised of funds donated toward specific projects ended the fiscal year with a balance of $2,474.

On behalf of the Board of Directors, I would like to take this opportunity to thank the volunteers, staff and management of Osteoporosis Canada for their continued invaluable contributions to the success of the organization especially during the challenges and the unknowns of the COVID-19 Pandemic.

Sincerely,

Celeste Munger

Treasurer, National Board of Directors

PROGRAM FUND REVENUES

21-22 Impact Report Program Fund Revenue Pie Chart
*Ontario Ministry, Federal Government & Other Provincial funding
** GAMING, COMMUNITY GROUPS & INTEREST/DIVIDENDS
*Ontario Ministry, Federal Government & Other Provincial funding
** GAMING, COMMUNITY GROUPS & INTEREST/DIVIDENDS

PROGRAM FUND EXPENSES

21-22 Impact Report Program Fund Expenses Pie Chart
2021-2022 Financial Statement Cover

Current Financial Statement

Osteoporosis Canada is committed to being accountable, fiscally responsible and transparent to our supporters, donors and volunteers.

© Osteoporosis Canada, 2022
Charitable Registration No. 89551 0931 RR 0001