The Michael J. Fox Foundation Annual Report 2016 – Frameworks for Progress | Page 63

The Michael J. Fox Foundation
for Parkinson’s Research
Consolidated Statements of Activities
As of December 31
2016 2015
Unrestricted Temporarily
Restricted Total Total
$ 46,739,810
3,272,734 $ 62,056,355
2,877,591 $ 108,796,165
6,150,325 $ 92,840,432
5,438,628
98,147
286,452
25,691 —
—
— 98,147
286,452
25,691 (27,509)
429,678
1,229,015
Total public support and revenue
before release of restrictions 50,422,834 64,933,946 115,356,780 99,910,244
Net assets released from
restrictions 59,988,466 (59,988,466) 0 0
$ 110,411,300 $ (4,945,480) $ 115,356,780 $ 99,910,244
$ 90,245,875
2,939,463
9,743,030 —
—
— $ 90,245,875
2,939,463
9,743,030 $ 87,863,177
2,306,026
7,468,983
$ 102,928,368 — $ 102,928,368 $ 97,638,186
7,482,932
30,195,017 4,945,480
17,943,674 12,428,412
48,138,691 2,272,058
45,866,633
$ 37,677,949 $ 22,889,154 $ 60,567,103 $ 48,138,691
Public Support and Revenue
Contributions
Special events
(net of direct benefit to donors of
$1,055,788 and $1,095,431 in 2016 and
2015, respectively)
Investment income gains (losses)
Rental income
Miscellaneous income
Total public support and revenue
Expenses
Program Services
Management and general
Fundraising
Total expensess
Change in net assets
Net assets, beginning of year
Net assets, end of year
Where Your Money Goes
Since Inception
89% 8% 3%
Research Programs
Fundraising
Administration
2016 Annual Report
61