ERIC Number: EJ798357
Record Type: Journal
Publication Date: 2007
Reference Count: 3
Writing the Annual Financial Report at a Canadian Community Foundation
Mittoo, Rakesh C.
Business Communication Quarterly, v70 n2 p231-236 2007
The corporate annual report is the chief document that is used to disseminate information about the financial performance and other issues pertaining to an organization. The report is typically divided into two sections: the front half with long narratives and photographs describing achievements, issues, and future goals; the second half containing pro forma financial statements explaining the performance of the firm. In recent years, nonprofit organizations have issued annual reports that appear as glossy and sophisticated as those for business corporations. This article presents an interview with two officials--Richard Frost, the CEO, and LuAnn Lovlin, the director of communications--at the Winnipeg Foundation, the first community foundation and now the second-largest community foundation in Canada, on what goes into writing the annual report. The Winnipeg Foundation's 2006 Annual Report is a 68-page full-color document that provides detailed information on the grant-making process and how potential donors can participate. It also provides 20 pages of financial information, including statements, as well as lists of donors.
Descriptors: Annual Reports, Philanthropic Foundations, Community Organizations, Grants, Nonprofit Organizations, Donors, Foreign Countries
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Publication Type: Journal Articles; Opinion Papers
Education Level: N/A
Authoring Institution: N/A
Identifiers - Location: Canada