b'S C H E D U L E 2UKRAINIAN CANADIAN FOUNDATION OF TARAS SHEVCHENKOSCHEDULE OF NET INVESTMENT REVENUEYEAR ENDED MARCH 31, 2023OperationsCapitalDesignatedInternmentTotalTotal FundFundsFundsFund20232022Interest$(219)2,7961,5842,0826,24322,491 Dividends60,726453,949249,019367,5891,131,2831,411,915 Realized gain on sale of investments(52,589)(221,983)(147,861)(229,831)(652,264)3,528,521 Net change in unrealized loss on investments(155,629)(100,248)(147,919)(245,318)(649,114)(3,360,832) Net investment revenue$(147,711)134,514(45,177)(105,478)(163,852)1,602,095 S C H E D U L E 3UKRAINIAN CANADIAN FOUNDATION OF TARAS SHEVCHENKOSUMMARIZED SCHEDULE OF EXPENSESYEAR ENDED MARCH 31, 2023OperationsCapitalDesignatedInternmentTotalTotal FundFundsFundsFund20232022Administration$191-191481 Advertising and sponsorships104,0483,737107,78564,321 Amortization of tangible capital assets2,3102,5004,8105,172 Annual report 35,5597,23442,79340,376 Courier and postage5,3873,1648,5517,273 Internment Fund Advisory Council remuneration-5,1005,1001,800 Fund development104,9731,177106,150365,639 Fundraising costs29,031-29,03131,753 Insurance26,0447,21033,25429,425 Reach Mentorship Awards-30,00030,00022,050 Meeting costs34,91931,68766,6064,347 Occupancy costs27,000-27,00026,464 Office34,5843,49738,08129,088 Professional fees154,5927,708162,30090,060 Project contracts-1,2771,2773,276 Telephone5,9438866,8297,720 Wages and benefits233,1753,000-53,178289,353295,237 Website6,8246,31713,1419,410 $804,58038,014-129,658972,2521,033,892UKRAINIAN CANADIAN FOUNDATION OF TARAS SHEVCHENKONOTE TO SUMMARIZED FINANCIAL STATEMENTS YEAR ENDED MARCH 31, 20231.BASIS OF PREPARATIONThe summarized financial statements have been prepared from the audited financial statements for the year ended March 31, 2023, on the following basis:(a)The summarized financial statements include the complete statement of financial position, statement of operations and changes in net assets, schedules of internally restricted designated funds, and expenses.The complete financial statements, including notes to the financial statements and the independent auditors report are available upon request by contacting theFoundations office.SHEVCHENKO FOUNDATION ANNUAL REPORT /55'