Canadian Association of Elizabeth Fry Societies

ANNUAL REPORT 1997-1998

TREASURER’S REPORT

I am very pleased to report that CAEFS once again ends our fiscal year within budget and with much accomplished as a result of our expenditures. Thanks to the financial support provided by the Ministry of the Solicitor General, as well as our corporate and individual donations, we are able to continue our work. In addition, this year staff worked hard seeking alternative sources of funding in order to diversify our financial resource base. Unfortunately, despite targeted applications for resources to purchase equipment and training for CAEFS members, these efforts to assist the membership in coming “on-line” have not yet been achieved.

Please refer to the copy of CAEFS’ audited financial statements, which follows these reports, for more specific information regarding CAEFS’ financial picture. To sum up, CAEFS looks forward to our every new challenge as we fulfill our mandate to work with and on behalf of women who come into conflict with the law. While our resources are continuously stretched to cover this ever expanding agenda, we are proud of our staff’s ability to continue to manage our resources and to once again close our financial year well within the budget approved by the CAEFS membership and Board of Directors.