The Michael J. Fox Foundation Annual Report 2018 Impact + Innovation | Page 67

2018 Annual Report The Michael J. Fox Foundation for Parkinson’s Research Statement of Financial Position As of December 31 2018 2017 $ 1,792,652 $ 1,138, 705 $ 9,018 699,144 1,084,490 $ 7,500 734,667 396,538 $ 1,792,652 $ 1,138,705 2018 2017 $ 1,054,014 $ 612,230 2,485 1,311 $ 1,056,499 $ 613,541 $ 1,038,202 $ 599,825 18,297 13,716 $ 1,056,499 $ 613,541 – – Assets Current Cash Liabilities Current Accounts payable and accrued liabilities Due to The Michael J. Fox Foundation for Parkinson's Research (USA) Research grants payable Total Liabilities Statements of Operations and Changes in Net Assets Year Ended December 31 Revenue Foundation donations Other income Total Revenue Expenses Research grant awards Administration and other Total Expenses Excess of revenue over expenses and net assets, end of year 65