Salmon Steward

6.6 % 12.5 % 13.6 % Salmon Watersheds Program 21.4 % Salish Sea Marine Survival Project Rivers Inlet Salmon Recovery Program Other 31.1 % Community Salmon Program Non- Government Fundraising & Events 33.4 % 5.3 % Government 27.4 % 33.9 % Other Revenue 12.9 % 7.2 % 7.0 % Conservation, Education & Management Services Overhead Development, Marketing, Communications & Outreach 72.9 % Project Grants & Awards 14.7 % Gulf of Alaska Expedition 38 spring/summer 2020 psf.ca Unaudited financials. Audited Financial Statements available upon request. 2019 Financials Notes NON GOVERNMENT REVENUE Pacific Salmon Endowment Fund Society: These funds contribute to the core operations of the Pacific Salmon Foundation, enabling at least 90 per cent from other donations to be applied directly to Pacific salmon projects. The Society is also a major contributor to the Salish Sea Marine Survival Project, the Pacific Salmon Explorer, the Interna- tional Gulf of Alaska Expedition, Chinook recovery efforts in the Yukon and other PSF activities. This category includes other organizations and non-profit partners that provide critical sup- port. Some major supporters include: the Pacific Salmon Commission's Southern Endowment Fund, Sitka Foundation and YVR for the Salish Sea Marine Survival Project; Genome BC for the Strategic Salmon Health Initiative, the Gordon and Betty Moore Foundation for the Salmon Watersheds Program (salmonwatersheds.ca); Tides Canada for the International Gulf of Alaska Expedition; Duncanby Lodge and Hay- wood Securities for the PSF-managed Percy Walkus Hatchery/Rivers Inlet Salmon Recovery Program ( percywalkushatchery.org); Trans Mountain and Mosaic Forest Management for the Community Salmon Program; and finally the Vancouver Foundation for supporting a variety of the projects listed above. FUNDRAISING & EVENTS REVENUE Donations: This category under-reports actual donations because the Foundation uses deferred contribution accounting, which only records rev- enues once expenses have been incurred. In some cases, donations are received late in the year and are not utilized until the next fiscal year. OTHER REVENUE This revenue is derived from billable staff time and management fees related to specific activi- ties. This category also includes interest, miscel- laneous revenues and other administrative fees. GOVERNMENT REVENUE Since 2012, 100 per cent of proceeds generated through sales of the Salmon Conservation Stamp have been directed to the Pacific Salmon Founda- tion by the federal government in support of the Community Salmon Program. From 1989 through 2019, in combination with part proceeds from the Commercial Fisheries Conservation Stamp, $16.8 million in revenue has been directed to 2,577 projects with a total value of $141 million once com- munity funds and in-kind donations were included. CONSERVATION, EDUCATION & MANAGEMENT SERVICES Includes personnel and other costs associated with major project management, stakeholder relations and communications with governments. OVERHEAD EXPENSES Includes facility and infrastructure costs, as well as personnel and other costs associated with general administration. REVENUE $ % Non-Government 2,962,330 33.9 Government 2,399,814 27.4 Fundraising & Events 2,920,251 33.4 Other Revenue 468,487 5.3 TOTAL 8,750,882 100 EXPENSE $ % Project Grants & Awards 6,373,185 72.9 Development, Marketing, Communications & Outreach 1,125,001 12.9 Conservation, Education & Management Services 629,871 7.2 Overhead 612,928 7.0 TOTAL 8,740,985 100 Project Grants & Awards 2019 Revenue 2019 Expense

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