Financial Summary

  • OCAF supported 41 projects in 2012-13, with total funding commitments of $3.8 million.
  • After over a decade, OCAF’s funding commitments have exceeded the initial government investment in the Fund by 67%.
  • Over the life of the Fund, administration expenses averaged less than $230,000 per year, or 6.8% of funding commitments.
  • The longevity of the Fund has been extended through client repayments, investment returns and low administrative costs.
OCAF Funding Approvals Number of projects supported Funding commitments
Most recent fiscal year
(2012-13)
41 $3.8 million
Total
(1999-2013)
459 $50.8 million

OCAF’s Financial Statements are available upon request.