Kidney Foundation of Canada

880-5160 Decarie Blvd.
Montreal, QC H3X 2H9
Executive Director: Elizabeth Myles
Board President: Sylvie Charbonneau

Charitable Reg. #:10756 7398 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 3/5]

✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

B-

RESULTS REPORTING

Grade based on the charity's public reporting of the work it does and the results it achieves.

n/r

DEMONSTRATED IMPACT

The demonstrated impact per dollar Ci calculates from available program information.

NEED FOR FUNDING

Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.

39%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 39 cents are available for programs.



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OVERVIEW

About Kidney Foundation of Canada:

Kidney Foundation of Canada is a 3-star charity. It is financially transparent, has a below-average results reporting grade, and overhead spending outside Ci's reasonable range.

Founded in 1964, Kidney Foundation of Canada works to eliminate the burden of kidney disease for patients and their families. The charity's programs focus on funding research, serving patients, increasing public awareness of kidney disease, and advocating for better healthcare. The Foundation reports that one in ten Canadians has kidney disease, and 3,100 people are waiting for a kidney transplant with a median wait time of three years and seven months. The Foundation has three programs: patient servicespublic education, and research. Its head office is in Montreal, QC.

Research – 41% ($5.0m) of program spending: The program funds research related to kidney disease across Canada. In F2022, the Foundation distributed 101 grants to 30 research institutes, supporting 486 researchers. 32 grants went to KRESCENT Awards, 51 to Kidney Health Research Grants and 9 to Allied Health Kidney Awards. The KRESCENT program focuses on recruiting and training future leaders in kidney research, and Allied Health Awards encourage students to pursue master’s level education in nephrology (kidney specialization).

Patient services – 36% ($4.4m) of program spending: The program offers patients information and referrals, educational materials, short-term financial assistance, and peer support groups. In F2022, the charity provided $886k in financial assistance for over 4,300 kidney patients. During the same year, over 2,400 people had access to the peer support program, where participants are paired with trained volunteers for emotional support and knowledge about living with kidney disease.

Public education – 16% ($1.9m) of program spending: This program provides educational materials to people with kidney disease, hospital dialysis units, and the general public. In F2022, the Foundation gave out 22,353 patient handbooks and 21,302 educational brochures.

The remaining 7% of program spending went to government and community relations.

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Results and Impact

Ci could not find any publicly available quantifiable outcomes for Kidney Foundation of Canada. 

This charity is not yet rated on impact (n/r).

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Finances

In F2022, the Kidney Foundation of Canada received $23.8m in donations. Administrative costs are 16% of revenues (excluding investment income), and fundraising costs are 45% of donations. This means overhead costs are 51%. For every dollar donated to the charity, 39 cents go to the cause. This is outside of Ci’s reasonable range for overhead spending.

The Foundation has $27.4m in reserve funds, of which $5.2m is donor-endowed. Excluding endowments, the charity can cover 188% or roughly one year and eleven months of its annual program costs with its reserves.

This charity report has been sent to Kidney Foundation of Canada. Comments and edits may be forthcoming.

Updated on June 14, 2023 by Krystie Nguyen.

 

Financial Review


Financial Ratios

Fiscal year ending December
202220212020
Administrative costs as % of revenues 16.1%12.6%12.2%
Fundraising costs as % of donations 45.1%38.0%43.8%
Total overhead spending 61.2%50.6%56.0%
Program cost coverage (%) 187.7%253.6%216.5%

Summary Financial Statements

All figures in $000s
202220212020
Donations 22,79625,38319,903
Government funding 9312,7693,496
Investment income 2291,76297
Total revenues 23,95629,91423,496
Program costs 12,11810,6159,409
Administrative costs 3,8103,5412,843
Fundraising costs 10,2899,6448,720
Total spending 26,21723,80020,972
Cash flow from operations (2,261)6,1142,524
Capital spending 267995
Funding reserves 27,44031,41524,659

Note: Ci adjusted for deferred donations, affecting revenues by ($695k) in F2022, $1.2m in F2021, and ($626k) in F2020. Ci adjusted for deferred government funding, affecting revenues by ($93k) in F2022, $85k in F2021, and $500k in F2020. Ci gathered government funding figures from the charity's T3010 filing with the CRA and backed the amounts out of donations. At the time of Ci's report, the charity's most recent F2022 T3010 filing was not yet available. Ci presented donations gross of fundraising costs, increasing both revenues and expenses by $9.6m in F2022, $9.1m in F2021, and $8.3m in F2020. Ci recognized investment income not allocated to operations and investment income re-invested in endowment capital, affecting revenues by ($960k) in F2022, $919k in F2021, and ($576k) in F2020. Ci recognized endowment contributions in donations, increasing revenues by $24k in F2022, $340k in F2021, and $17k in F2020. Ci backed out amortization of capital assets from program, administrative and fundraising costs on a pro-rata basis.

Salary Information

Full-time staff: 107

Avg. compensation: $87,955

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
1
$200k - $250k
0
$160k - $200k
4
$120k - $160k
5
$80k - $120k
0
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2021

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Comments & Contact

Comments added by the Charity:

Comment added to the 2021 profile by the Kidney Foundation of Canada.

The Kidney Foundation of Canada is committed to being transparent and accountable to the generous donors who support our mission of eliminating the burden of kidney disease. 

Here are just a few examples of the positive impact The Kidney Foundation has had on the lives of people affected by kidney disease last year thanks to the support of our donors:

  • Over $3.7 million awarded to new research grants and supported a total of 95 research projects across Canada.
  • Over 4,100 people received short-term financial assistance totaling more than $528,000 to help with medical and other expenses associated with kidney disease and its treatment.
  • Over 27,145 educational brochures and 42,579 patient handbooks were distributed.
  • Online engagement included 629,054 website viewers, 2,700 webinar users, 91,100 followers on social media, and 57,181 newsletters subscribers.
  • Over 1,900 people accessed peer support services.

Charity Contact

Website: www.kidney.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 514-369-4806

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Charitable Registration Number: 80340 7956 RR0001