TREASURER’S REPORT

2020 FINANCIAL RESULTS – from the Treasurer
UJAMAA GRANDMAS Calgary had a very successful year. I applaud your initiative, creativity and hard work to overcome the Covid-19 restrictions.

Annual Gross Revenue from fundraising activities $50,739 (pre-year end review):

Fabric & Yarn Sale $ 4,518
Handcrafts $25,105
Décor Fabric Sale $ 6,711
Bagettes $10,700
10,000 Villages $ 391
All others $ 150
Donations (all sources) $ 3,164

Annual Gross Expenses  $9,740

Finally, I want to pass on an excerpt from an email I received from SLF:

“For 2020 Ujamaa raised an impressive $79,081.92. This brings the group total to $1,544,840.67. In 2020 we received $35,000 directly from the Ujamaa bank account, so the remainder is funds raised online that were credited to Ujamaa, either through Grandmothers campaign pledge pages or our general website, or cheques received in the mail from donors indicating Ujamaa.”

Congratulations to everyone!