The Michael J. Fox Foundation Annual Report | Page 57

53
The Michael J. Fox Foundation for Parkinson’s Research
Consolidated Statements of Activities
With summarized financial information for 2013
Year Ended December 31

2014

PUBLIC SUPPORT AND REVENUE

Unrestricted

2013

Temporarily
Restricted

Total

Total

Contributions
$ 31,689,941 $ 46,298,239 $ 77,988,180 $ 86,637,359
Special events
3,170,447
2,839,183 6,009,630
5,337,170
(net of direct benefit to donors of
$982,009 and $1,055,389 in 2014 and
2013, respectively)

Investment (loss) income
Rental income
Miscellaneous income

(142,997)
429,678
45,677

Total public support 35,192,746
and revenue before
release of restrictions

(142,997)
429,678
45,677

31,863
665,430
38,583

49,137,422 84,330,168 92,710,405

Net assets released 47,514,624 (47,514,624)
from restrictions
Total public support 82,707,370
1,622,798 84,330,168 92,710,405
and revenue
EXPENSES
Program services 75,749,283 75,749,283 76,559,598
Management and general 2,099,098 2,099,098
1,970,433
Fund-raising 6,785,045 6,785,045 6,428,022

Total expenses 84,633,426 84,633,426 84,958,053

Change in net assets (1,926,056)
1,622,798 (303,258)

7,752,352

Net assets, beginning 28,843,135
17,326,756
46,169,891
38,417,539
of year
Net assets, end of year

$ 26,917,079 $ 18,949,554

$ 45,866,633

$ 46,169,891

THE MICHAEL J. FOX FOUNDATION
ANNUAL REPORT 2014