b'UKRAINIAN CANADIAN FOUNDATION OF TARAS SHEVCHENKOSUMMARIZED STATEMENTOF OPERATIONS AND CHANGES IN NET ASSETS YEAR ENDED MARCH 31, 2021OperationsCapitalDesignatedInternmentTotalTotal FundFundsFundsFund20212020REVENUEDonations$509,75420,1851,737,119-2,267,0581,123,655 Net investment revenue (loss)(Schedule 2)62,7492,635,3791,379,3792,516,0596,593,566(792,970) Management fees141,197-141,197132,384 Projects Kobzar Literary Award Program1,900-1,90047,485 2019 Tryzub Gala-549,840 Mitacs41,947-41,947122,357 Sundry3,6403443,984522 761,1872,655,5643,116,4982,516,4039,049,6521,183,273EXPENSES (Schedule 3)567,14631,808-84,067683,021931,291 EXCESS (DEFICIENCY) OF REVENUE OVER EXPENSES BEFORE OTHER ITEMS194,0412,623,7563,116,4982,432,3368,366,631251,982 OTHER ITEMSCanada Emergency Wage Subsidy(Note 2(e) and 14)79,124-79,124- Canada Emergency Rent Subsidy(Note 2(e) and 15)3,571-3,571- Temporary Wage Subsidy(Note 2(e) and 16)4,773-4,773- Investment costs(8,316)(52,027)(31,862)(49,362)(141,567)(138,917) Investment costs - managed funds(62,244)-(62,244)(57,966) Project expenses Kobzar Literary Award Program(9,505)-(9,505)(119,469) 2019 Tryzub Gala(1,434)-(1,434)(208,052) Mitacs(6,947)-(6,947)(172,357) Grants and community support(148,726)(418,037)(517,144)(297,624)(1,381,531)(1,234,882) (149,704)(470,064)(549,006)(346,986)(1,603,228)(1,931,643) EXCESS (DEFICIENCY) OF REVENUE OVEREXPENSES44,3372,153,6922,567,4922,085,3506,850,871(1,679,661) NET ASSETS, BEGINNING OF YEAR875,21710,179,1254,297,52810,030,22425,382,09427,061,755 TRANSFERS243,268(274,188)30,920- NET ASSETS, END OF YEAR$1,162,82212,058,6296,895,94012,115,57432,232,96525,382,09452 ShevchenkoFoundationAnnualReport/'