Alzheimer Society of Canada
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.
90%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 90 cents are available for programs.
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Programs
About Alzheimer Society of Canada:
Founded in 1978, Alzheimer Society of Canada is based in Toronto, Ontario. It has 10 provincial societies across Canada with many more societies in local communities. The charities work together towards a common goal of a world without dementia by funding dementia research, education and care for people living with dementia, and works on improving public policy for those affected by dementia.
Dementia is the umbrella term for a series of chronic diseases affecting the brain. These diseases impair memory, thought process, and speech, thus preventing a person from performing their daily activities. Alzheimer’s disease is the most common form of dementia. Over 500,000 Canadians are currently living with dementia. Alzheimer Society of Canada estimates a cost of $10.4 billion per year to care for those with dementia in Canada. The charity estimates that this will increase by 60% to $16.6 billion per year by 2031.
Alzheimer Society Research Program (ASRP) is the charity’s major program. It funds research projects looking for treatments and possible cures for dementia. Many of the researchers aim to improve the quality of life for those affected by dementia. In 2018, the ASRP granted $3.4 million to fund 24 research projects: 2 investigating the aetiology (cause) of dementia, 3 developing treatments, 3 investigating diagnostics, 6 improving care and support, 3 risk and prevention, and 2 investigating therapeutics.
Alzheimer Society of Canada offers many resources and services to people with dementia, often through financial support of provincial societies. In F2018, the charity distributed almost 1.5 million resources to provincial and local Alzheimer Societies who deliver services directly. Main services include First Link and Minds in Motion. First Link is a program that connects people affected by dementia to support, information, and resources in their communities. Minds in Motion is a community-based program that encourages physical activity and mental stimulation for people with early signs of dementia. There are currently 28 Minds in Motion locations across Canada.
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Results and Impact
The charity’s advocacy efforts resulted in Canada passing Bill C-233 on June 22, 2017, an act targeting a national strategy for Alzheimer’s disease and other dementias. Canada now becomes the 30th country to launch a plan to address the overwhelming scale, impact, and cost of dementia.
Alzheimer Society of Canada is a founding partner of the Canadian Consortium for Neurodegeneration in Aging (CCNA), which includes over 350 researchers that aim to accelerate progress in the research of Alzheimer’s disease. Alzheimer Society of Canada has committed $4.05 million from 2014-2019 to fund this research. To date, the program has established 20 research teams, published findings in 100 scientific journals, and created a national patient cohort of over 2,000 Canadians for research purposes.
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Finances
The Alzheimer Society of Canada is a large charity, receiving $11.8m in donations in F2018. Administrative costs are 4% of revenues (excluding investment income), and fundraising costs are 6% of donations. For every dollar donated to the charity, 90 cents go towards the cause, which is within Ci’s reasonable range for overhead spending.
Alzheimer Society of Canada holds funding reserves of $12.1, $973k of which is donor-endowed. Excluding donor-endowed funds, the charity’s reserves cover program costs for two years.
Charity Intelligence has recorded revenue received from provincial chapters as Other Revenue. Ci has also recorded revenue flowed to provincial chapters as Other Costs. In F2018, $6.8m was received from provincial chapters, while $11.2m was given to provincial chapters.
This charity report is an update that has been sent to Alzheimer Society of Canada for review. Changes and edits may be forthcoming.
Updated on August 8, 2019 by Caroline McKenna.
Financial Review
Fiscal year ending March
|
2018 | 2017 | 2016 |
|---|---|---|---|
| Administrative costs as % of revenues | 3.8% | 4.1% | 3.8% |
| Fundraising costs as % of donations | 5.9% | 6.6% | 40.4% |
| Total overhead spending | 9.7% | 10.7% | 44.2% |
| Program cost coverage (%) | 196.4% | 185.2% | 152.7% |
Summary Financial StatementsAll figures in $000s |
2018 | 2017 | 2016 |
|---|---|---|---|
| Donations | 11,802 | 13,399 | 11,996 |
| Government funding | 0 | 0 | 795 |
| Investment income | 346 | 355 | 402 |
| Other income | 7,197 | 7,464 | 12,513 |
| Total revenues | 19,346 | 21,217 | 25,707 |
| Program costs | 2,342 | 2,161 | 2,999 |
| Grants | 3,815 | 4,667 | 4,820 |
| Administrative costs | 715 | 860 | 965 |
| Fundraising costs | 695 | 883 | 4,844 |
| Other costs | 11,183 | 11,601 | 10,961 |
| Total spending | 18,750 | 20,172 | 24,589 |
| Cash flow from operations | 596 | 1,045 | 1,118 |
| Capital spending | 20 | 22 | 0 |
| Funding reserves | 12,092 | 12,646 | 11,940 |
Note: On April 1, 2017, Alzheimer Society of Canada changed how revenue and expense from its provincial societies were recorded. This has changed prior financials extensively. Ci adjusted for total deferred donations (net of government funding), affecting total revenues by $78k in F2018, $1.2m in F2017, and $821k in F2016.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
1 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
6 |
$40k - $80k |
3 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2018
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Comments & Contact
Comments added by the Charity:
The charity provided these comments for a previous version. Updated comments may be provided shortly:
Why donating to the Alzheimer Society of Canada makes sense
The Alzheimer Society of Canada is the national voice for the 747,000 Canadians living with dementia and we advocate on their behalf to make dementia a national priority. We work with politicians, policy makers and other community and health care organizations to advocate for change in legislation, policies and programs at all levels of government.
The Alzheimer Society funds research to determine the causes of dementia as well as identify new prevention, diagnosis and treatment methods. Our funded research also explores ways to improve the care and quality of life of those living with the disease. We support promising researchers starting out in their careers and help established researchers to continue their important work. We also partner extensively with other research funding bodies to make our donor dollars go farther.
As of 2014, the Alzheimer Society Research Program (ASRP) has funded over $43 million in grants and awards since its inception in 1989. Expert researchers review each application to ensure that we fund the most promising research.
By 2031, an estimated 1.4 million Canadians will have dementia. Yet, research shows that too many Canadians are unfamiliar with the warning signs and others wait too long before getting a diagnosis. We need to change this. The Alzheimer Society promotes public education and awareness of Alzheimer’s disease and other dementias to ensure people know where to turn for help.
The Alzheimer Society is active in communities right across Canada, offering information, support and education programs for people with dementia, their families and caregivers. In 2013-14, the Alzheimer Society of Canada distributed almost 1.4 million brochures, booklets and information sheets to local Alzheimer Societies to allow them to directly help Canadians. Every day, thousands of Canadians turn to the web portal at www.alzheimer.ca to find comprehensive information in English and French about Alzheimer’s disease and other forms of dementia, how to live well with dementia, and how to find help near them such as individual and family support and support groups for caregivers.
The Society relies on the generosity of individuals, the community and partnerships to carry out our vital work. To learn more about our work in Canada, please visit www.alzheimer.ca.
Charity Contact
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