Financial update
Revenues
The CHC was established and has been maintained with monies from grants and donations, which have been dedicated to renovations, and the educational and operational costs of running the facility.
| Sources of monies | |
|---|---|
|
Human Resources Development Canada (grant)* |
$240,416.00 |
| HRDC Youth Initiative |
$43,000.00 |
| Work ability Fund |
$8,400.00 |
| Fredericton Community Foundation | $15,425.00 |
| Methadone Workshop | $4,400.00 |
| Private Donations | $36,850.00 |
| Work placement student grant | $1,200.00 |
| CIHR Student Award |
$4,000.00 |
| United Way | $52,374.00 |
| The Meighan Family Foundation (over 5 years) | $500,000.00 |
| New Brunswick Government | $100,000.00 |
| Total |
$960,219.00 |
* Grants have been awarded for both start-up costs and operational expenses but are not recurring funds on an annual basis.
The HRDC grant was awarded in June 2002 to renovate the building and to provide initial operational funds for the first year.
The HRDC Youth initiative funding paid for two part time office staff and a part time janitor for one year (completed at the end of Nov., 2003 and not renewable).
The Fredericton Community Foundation has provided funding in support of projects related to maintenance and programs since 2005.
The United Way has provided funding in support of the Street Outreach Program since 2005.
