2019 + 2020 Annual Report
The Michael J . Fox Foundation for Parkinson ’ s Research
Consolidated Statements of Financial Position
As of December 31
Assets Current Cash
2020
$ 2,611,549
2019
$ 1,971,056
Liabilities and Net Assets Liabilities Accounts payable and accrued liabilities Research grants payable , net ( Note 4 ) Due to The Michael J . Fox Foundation for Parkinson ' s Research ( USA ) ( Note 4 )
Total Liabilities
$ 15,287 1,474,284 1,121,978
$ 2,611,529
$ 10,071 1,889,753
71,232
$ 1,971,056
COVID-19 ( Note 6 )
Statements of Operations and Changes in Net Assets
As of December 31
Revenue Donations Other Income
Total Revenue
2020
$ 994,809 2,821
$ 997,630
2019
$ 1,624,855 4,625
$ 1,629,480
Expenses Research grant awards ( Note 4 ) Administration and other
Total expenses
975,832 21,798
$ 997,630
1,600,595 28,885
$ 1,629,480
Excess of revenue over expenses and net assets , end of year –
–
61