4K Chess Foundation of Canada
As I am travelling this week and only just received the final figures for life memberships I will submit an abbreviated report. The final report will go to the CFC when I return to BC.
As of the end of the last fiscal year (30 April, 2023) total assets were $461,789 minus annual income payable to the CFC.
Income from investments was $15,713. Of this total $14,340 is allocated to CFC general expenses, $923 is allocated to the Pugi Fund for non-gender specified players and $450 is allocated to the Pugi Fund for female players.
Revenue from life memberships was $24,930.
Please keep the Chess Foundation of Canada in mind when doing your estate planning.
Last edited by Paul Leblanc; 09-11-2023 at 10:15 AM.
Paul Leblanc
Treasurer, Chess Foundation of Canada
CFC Voting Member