David Suzuki Foundation
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
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.
69%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 69 cents are available for programs.
My anchor
OVERVIEW
About David Suzuki Foundation:
David Suzuki Foundation is a 4-star charity. It has a B- Results Reporting grade, which is below average. It holds reserve funds within Ci's reasonable range. For every dollar donated to the charity, 69 cents are available to go to the cause, which is within Ci's reasonable range.
Founded in 1990, David Suzuki Foundation (DSF) works to conserve and protect the natural environment. DSF is based in Vancouver, with offices in Toronto and Montreal. The charity focuses its work on three main areas: Climate Solutions, Thriving Nature, and Sustainable Communities. While the charity provides a financial breakdown of its program spending in the audited financial statement, DSF does not breakdown its spending based on these three main areas. The charity spent $10.9m on its programs in F2024.
Climate Solutions supports change at federal and provincial levels to encourage climate action. DSF’s goal is to cut carbon pollution in half by 2030, and completely eliminate it by 2050, replacing it with 100% renewable energy. Some of the projects in this area include sustainable transportation, sustainable cities, and carbon pricing. DSF reports that in February and March 2024, more than 1,000 people wrote letters to the government requesting stronger electricity regulations.
Thriving Nature focuses on respecting, protecting, and restoring nature to sustain life. By 2030, DSF aims to protect the most at-risk ecosystems and species. By 2050, DSF hopes to conserve and restore nature so that it supports biodiversity. Some of the projects in this area include oceans, pollinators, pesticides, and the boreal forest. In F2024, more than 75,000 of DSF’s community members opposed the plan to build highway 413. The charity reports that 80% of Ontarians don’t want the project.
Sustainable Communities aims to improve peoples’ lives and reduce emissions communities produce. DSF states that “if everyone on Earth lived the way we do in North America, we’d need 3.4 planets to sustain us”. DSF’s 2030 goal is to reduce our ecological footprint by a third and live within Earth’s finite limits by 2050. Some of the projects in this area include environmental justice, public transit advocacy, and nature-based solutions. DSF runs municipal climate solutions projects in five major cities across Canada: Regina, Toronto, Vancouver, Montreal and Edmonton.
My anchor
Results and Impact
David Suzuki Foundation reports its “wins” from the past year related to its advocacy projects.
In December 2024, the federal government drafted regulations that would require the oil industry to eliminate over 75% of its methane emissions by 2030. The government also committed $30 million to improve methane measurements. The charity states this will improve the independent verification of progress.
In June 2024, 17 First Nations groups, British Columbia, and the federal government agreed to fund the Great Bear Sea Project Finance for Permanence. This will fund a 2.8-million-hectare network of marine protected areas.
In June 2024, the federal government passed the National Environmental Racism and Environmental Justice Strategy Act. This law requires the federal government to develop and regularly report on a strategy to assess and prevent environmental racism, and advance environmental justice. This is Canada’s first ever environmental justice law.
While Ci highlights these key results, they may not be a complete representation of David Suzuki Foundation’s results and impact.
This charity is not yet rated on impact. This shows as n/r and it does not affect its star rating.
My anchor
Finances
David Suzuki Foundation received $12.1m in Canadian donations in F2024, which is 82% of revenue. It also received $2.5m in investment income, a 77% increase from $1.4m in F2023. The charity spent $10.9m on its programs, which is 74% of revenue. DSF recorded a surplus of $67k in F2024, which is less than 1% of revenue.
DSF spent $2.5m on fundraising, which is 20% of donations, and $1.3m on administration, which is 11% of revenue (excluding investment income). Total overhead spending is 31%. For every dollar donated to the charity, 69 cents are available to go to the cause, which is within Ci’s reasonable range.
DSF has $22.5m in reserve funds, of which $8.9m are donor endowed. Excluding donor-endowed funds, the charity’s reserves can cover 1 year and 4 months of its annual program costs. This is within Ci’s reasonable range.
DSF uses external fundraisers. Its T3010 filing with the CRA discloses only the amount paid to fundraisers, but not the amount collected. This is a mandatory filing. In F2024, DSF paid external fundraisers $479k.
This charity report is an update that has been sent to David Suzuki Foundation.
Updated on May 27, 2025 by Liam Chapleau.
Financial Review
Fiscal year ending August
|
2024 | 2023 | 2022 |
---|---|---|---|
Administrative costs as % of revenues | 10.5% | 9.7% | 8.8% |
Fundraising costs as % of donations | 20.3% | 20.3% | 17.2% |
Total overhead spending | 30.8% | 30.1% | 26.0% |
Program cost coverage (%) | 129.4% | 117.1% | 163.7% |
Summary Financial StatementsAll figures in $000s |
2024 | 2023 | 2022 |
---|---|---|---|
Donations | 12,121 | 12,005 | 12,686 |
International donations | 38 | 41 | 54 |
Government funding | 1 | 20 | 0 |
Special events | 0 | 417 | 29 |
Investment income | 2,536 | 1,436 | (1,300) |
Other income | 64 | 77 | 82 |
Total revenues | 14,761 | 13,996 | 11,550 |
Program costs | 10,912 | 12,113 | 9,821 |
Grants | 37 | 40 | 109 |
Administrative costs | 1,288 | 1,222 | 1,127 |
Fundraising costs | 2,458 | 2,525 | 2,189 |
Total spending | 14,694 | 15,899 | 13,246 |
Cash flow from operations | 67 | (1,903) | (1,695) |
Capital spending | 548 | 69 | 64 |
Funding reserves | 22,462 | 22,585 | 24,393 |
Note: 1. Revenue below the line: Ci included the change in fair value of investments reported below the line within investment income. This was $1.8m in F2024, $724k in F2023, and ($1.7m) in F2022. 2. Deferred revenue: Ci adjusted for deferred revenue within Canadian donations, which was $207k in F2024, ($262k) in F2023, and ($939k) in F2022. 3. Cash Flow Endowment Contributions: Ci included endowment contributions within Canadian donations, which was $5k in F2024, $5k in F2023, and $30k in F2022. 4. Amortization: Ci removed amortization from program, administration, and fundraising costs on a pro-rata basis. Amortization was $110k in F2024, $71k in F2023, and $76k in F2022.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
2 |
$160k - $200k |
3 |
$120k - $160k |
2 |
$80k - $120k |
3 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2024
My anchor
Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 604-732-4228