Salmon Steward

2017 Financials Notes NON-GOVERNMENT REVENUE Pacific Salmon Endowment Fund Society: These funds contribute to the core operations of the Pacific Salmon Foundation. The Society is also a major contributor to the Salish Sea Marine Survival Project, the Community Salmon Program, Chinook recovery e•orts in the Yukon and other Foundation activities (see p. 5). Other: This category includes other non-profit partners that provide critical support. Some major supporters include: the Sitka Foundation for the Salish Sea Marine Survival Project and the Gordon and Betty Moore Foundation for scientific research and fisheries governance projects in watersheds across British Columbia through the Salmon Watershed Program (salmonwatersheds.ca). FUNDRAISING & EVENTS REVENUE Donations: This category under-reports actual donations because the Foundation uses deferred contribution accounting, which only records revenues 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 sta• time and management fees billable to specific activities. This category also includes interest, miscellaneous 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 Foundation by the federal government in support of the Community Salmon Program. From 1989 through 2017, in combination with part proceeds from the Commercial Fisheries Conservation Stamp, $13.7 million in revenue has been directed to 2,166 projects with a total value of $120.8 million once community 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 2,832,743 30.7 Government 1,853,427 20.1 Fundraising & Events 4,033,233 43.7 Other Revenue 503,129 5.5 TOTAL 9,222,532 100 EXPENSE $ % Project Grants & Awards 6,590,078 72.9 Development, Marketing, Communications & Outreach 1,184,590 13.1 Conservation, Education & Management Services 670,850 7.4 Overhead 588,219 6.6 TOTAL 9,033,737 100 Unaudited financials. Audited Financial Statements available upon request. 3 % 10 % 14 % Salmon Watershed Program 45 % Salish Sea Marine Survival Project Recreational Fisheries Conservation Partnerships Program Other 28 % Community Salmon Program Project Grants and Awards Government Fundraising and Events 44 % 5 % Non- Government 31 % 20 % Other Revenue 2017 Revenue salmon Steward magazine 33 2017 Expense 2017 Expense 13 % 7 % 7 % Conservation, Education and Management Services Overhead Development, Marketing, Communications and Outreach 73 % Project Grants and Awards

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