The Michael J. Fox Foundation Annual Report 2018 Impact + Innovation | Page 65

2018 Annual Report
The Michael J. Fox Foundation
for Parkinson’s Research
Consolidated Statements of Activities
As of December 31
2018 2017
Temporarily
Restricted Total Total
$ 77,433,452
2,946,830 $ 39,617,489
2,021,399 $ 117,050,941
4,968,229 $ 98,211,216
5,589,654
889,404
150,510
66,418 –
–
– 889,404
150,510
66,418 249,320
–
1,023,446
Total public support and revenue
before release of restrictions $ 81,486,614 $ 41,638,888 $ 123,125,502 $ 105,073,636
Net assets released from restrictions 30,907,063 (30,907,063) – –
Total public support and revenue $ 112,393,677 $ 10,731,825 $ 123,125,502 $ 105,073,636
$ 108,539,237 – $ 108,539,237 $ 98,197,740
4,318,395
13,315,708 –
– 4,318,395
13,315,708 3,749,111
10,667,156
$ 17,634,103 – $ 17,634,103 $ 14,416,267
$ 126,173,340 – $ 126,173,340 $ 112,614,007
Change in net assets
Net assets, beginning of year (13,779,663)
40,122,604 10,731,825
12,904,128 (3,047,838)
53,026,732 (7,540,371)
60,567,103
Net assets, end of year $ 26,342,941 $ 23,635,953 $ 49,978,894 $ 53,026,732
Public Support and Revenue
Contributions
Special events
(net of direct benefit to donors of $1,051,575
and $1,144,837 in 2018 and 2017, respectively)
Investment income, net
Rental income
Miscellaneous income
(net cost of goods sold of $110,317 and
$57,606 in 2018 and 2017, respectively)
Expenses
Program Services
Supporting services:
Management and general
Fundraising
Total supporting services
Total expenses
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