Alzheimer Society of Canada

20 Eglinton Ave. W., 16th Floor
Toronto, ON M4R 1K8
CEO: Stephen McCullough
Board Chair: Ian Rea

Charitable Reg. #:11878 4925 RR0001


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

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



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



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


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



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 68 cents are available for programs.

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About Alzheimer Society of Canada:

Founded in 1978, Alzheimer Society of Canada funds research and provides support services for people living with dementia and Alzheimer’s disease. Dementia refers to a series of chronic nervous system diseases that impair memory, thought processes, and speech. Alzheimer’s disease is the most common form of dementia. Alzheimer Society of Canada states that more than 500,000 Canadians are living with dementia and around 25,000 new cases are diagnosed each year. The charity’s national branch is based in Toronto and coordinates ten provincial societies across Canada. The provincial charities work together towards the common goal of a world without dementia.

Alzheimer Society of Canada runs two main programs: research and services.

The Alzheimer Society Research Program (ASRP) is the charity’s main focus. It funds research projects seeking treatments and possible cures for dementia. Many researchers also aim to improve the quality of life for those affected by dementia. In F2019, the ASRP funded 20 research projects. This included two projects on causes of dementia, three on new treatments, three on diagnosis, six on improving patient care, three on prevention, and two on therapy methods.

Alzheimer Society of Canada offers various resources and services to people with dementia. In 2018, the charity distributed nearly 1.5 million resources to provincial or local Alzheimer Societies that delivered services directly. These services include First Link and Minds in Motion. First Link is a program that connects people diagnosed with dementia to local support services and resources. 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 40 Minds in Motion locations across Canada. 

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Results and Impact

Alzheimer Society of Canada is a founding partner of the Canadian Consortium for Neurodegeneration in Aging (CCNA). It includes over 350 researchers aiming to accelerate progress on Alzheimer’s disease 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.

While Ci highlights these key results, they may not be a complete representation of Alzheimer Society of Canada’s results and impact.

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Alzheimer Society of Canada is a Large charity with $17.8m in donations in F2019. It received $6.8m from provincial partner charities, representing 32% of revenues. Administrative costs are 3% of revenues (less investment income) and fundraising costs are 29% of donations. This results in total overhead spending of 32%. For every dollar donated to the charity, 68 cents go to the cause. This falls within Ci’s reasonable range for overhead spending. 

Alzheimer Society of Canada has $14.5m in total funding reserves, of which $939k is donor-endowed. Excluding donor-endowed funds, the charity’s funding reserves can cover around 2.2 years of program and grant costs.

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 28, 2020 by Eric Zhao. 

Financial Review

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 2.5%3.2%3.0%
Fundraising costs as % of donations 29.4%28.9%29.4%
Total overhead spending 31.9%32.1%32.4%
Program cost coverage (%) 219.0%204.1%191.7%

Summary Financial Statements

All figures in $000s
Donations 17,77915,51016,027
Investment income 408334748
Other income 9,1476,96412,606
Total revenues 27,33422,80829,381
Program costs 2,6502,3422,155
Grants 3,5753,9094,712
Donor-designated donations 14,10411,23016,868
Administrative costs 685715858
Fundraising costs 5,2274,4824,716
Total spending 26,24022,67729,310
Cash flow from operations 1,09413171
Capital spending 142022
Funding reserves 14,47013,63114,097

Note: Ci included unrealized gains (losses) in investments, affecting total revenues by ($98k) in F2019, ($12k) in F2018, and $393k in F2017. Ci included contributions from provincial partner charities in other revenue, and adjusted the amounts by accounts receivable from partners. This affected total revenues by $1.8m in F2019, ($234k) in F2018, and $5.1m in F2017. Ci included gross fundraising from direct mail programs and the Walk for Alzheimer’s in donations, affecting total revenues by $4.4m in F2019, $3.8m in F2018, and $3.8m in F2017. Ci included gross expenses on direct mail programs and the Walk for Alzheimer’s in fundraising costs, affecting total expenses by $4.4m in F2019, $3.8m in F2018, and $3.8m in F2017. Ci included research funding in grants and adjusted the amounts by changes in grants payable. This affected total expenses by ($254k) in F2019, $94k in F2018, and $45k in F2017. Ci included grants designated for partner charities as donor-designated grants, and adjusted by changes in amounts payable to partners. This affected total expenses by $1.2m in F2019, $48k in F2018, and $5.3m in F2017. Ci removed amortization on a pro-rata basis from program, administrative, and fundraising costs.

Salary Information

Full-time staff: 23

Avg. Compensation: $91,223

Top 10 staff salary range:

$350k +
$300k - $350k
$250k - $300k
$200k - $250k
$160k - $200k
$120k - $160k
$80k - $120k
$40k - $80k
< $40k

Information from most recent CRA Charities Directorate filings for F2019

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Comments & Contact

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Charity Contact

This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-488-8772