ABOUT AFP CANADA-FINANCES

AFP (Canada) is a charitable organization in accordance with the provisions of the Canadian Income Tax Act.

In addition to the funds that are collected for annual memberships, AFP (Canada) is financed primarily from donations received from individuals. Sources of funding are:

1. Membership fees (approx. 33%) – $35.00 per year, per member

2. Individual donations (approx. 31%)

3. Sale of books and tapes (approx. 24%)

4. Miscellaneous sources (approx. 12%)

All who work for AFP (Canada) are volunteers and receive no salary or remuneration from AFP. The financial resources of AFP (Canada) are expended on the following types of things:

1. The purchase of resources, e.g. brochures, pamphlets, audio and videotapes for distribution, and in some cases re-sale, to interested people and for use at Workshops, Seminars, Synods and special events (approx. 25%)

2. Travel expenses for National Director and Committee members where appropriate (approx. 43%)

3. Administrative expenses, e.g. Correspondence, Postage, production costs of the Canadian Newsletter, and Prayer Prompter, etc. (approx 9%)

4. Contribution to the work of International AFP (aprox. 23%)