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Oxfam America's financial results for the year continued to build upon the successes of prior years and have positioned us well for future growth of our program activities and fulfillment of our mission. In 2007, unrestricted contributions grew 15 percent to $36.5 million from $31.7 million in 2006. Total net assets grew by $9.9 million in 2007. Total expenses grew in 2007 by $5.6 million. For the year, program-related expenses represented 80 percent of our total expenses.

Oxfam America's financial results for the year continued to build upon the successes of prior years and have positioned us well for future growth of our program activities and...

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