b'UKRAINIAN CANADIAN FOUNDATION OF TARAS SHEVCHENKOSUMMARIZED STATEMENT OF OPERATIONS AND CHANGES IN NET ASSETSMARCH 31, 2025OperatingRestricted FundFunds20252024 REVENUE Donations $231,3891,218,6311,450,0202,668,366 Net investment revenue (Note 2)215,3573,699,6083,914,9653,822,291 Fundraising revenue561,422- 561,422716,344 Grant disbursement recovery- 547,669547,669-Cost recovery178,036- 178,036168,871 Other revenue6,417- 6,41716,023 1,192,6215,465,9086,658,5297,391,895 EXPENSES Administration44,949- 44,94945,842 Advertising and promotion92,254- 92,25493,316 Amortization of capital assets20,707- 20,70717,138 Fundraising costs288,928- 288,928312,822 Grants, awards and community support394,401866,0941,260,4951,674,752 Interest and bank charges5,053- 5,0531,431 Membership and dues1,150- 1,150473 Occupancy75,041- 75,04129,801 Office supplies71,116- 71,11685,455 Professional fees163,878- 163,878102,010 Subcontractor111,718- 111,718157,767 Travel96,401- 96,40167,195 Wages and benefits280,326- 280,326271,128 1,645,922866,0942,512,0162,859,130 EXCESS (DEFICIENCY) OF (453,301)4,599,8144,146,5134,532,765 REVENUE OVER EXPENSES NET ASSETS, BEGINNING OF YEAR2,418,90635,421,29637,840,20233,307,437 Transfers3,143,028(3,143,028)- -NET ASSETS, END OF YEAR $5,108,63336,878,08241,986,71537,840,202 50SHEVCHENKOFOUNDATIONANNUALREPORT/'