Rick Hansen 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.
57%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 57 cents are available for programs.
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Programs
About Rick Hansen Foundation:
In 1985, Rick Hansen embarked on the Man in Motion World Tour to raise funds for spinal cord injury research and rehabilitation. As a Paralympic athlete, Rick wheeled 40,000km over two years and raised $26 million. After the tour, the Rick Hansen Foundation (RHF) was created in 1988 to continue raising funds and awareness to create a world without barriers for people with disabilities. The foundation reports that 1 in 7 Canadians have a disability and that number will rise to 1 in 5 by 2036. It is focused on raising awareness, building accessible spaces, and funding spinal cord injury research. The foundation’s head office is in Richmond, British Columbia.
RHF spent $3.5m (39% of program costs in F2020) on accessibility initiatives and services to improve physical accessibility. The charity’s Accessibility Certification program uses a rating system to determine the accessibility of commercial, institutional, and multi-family residential buildings. Since the program launched in 2017, RHF has certified more than 790 sites, including more than 50 gold sites.
The foundation spent $2.2m (24% of program costs in F2020) on spinal cord injury research to improve the health and quality of life for people with disabilities. It collaborates with the Praxis Spinal Cord Institute (formerly the Rick Hansen Institute) for its research. In F2019, RHF granted $492k to the Praxis Spinal Cord Institute. The institute has released over 250 peer-reviewed publications and engaged with 60 health care sites around the world.
RHF spent $2.0m (22% of program costs in F2020) on awareness programs and initiatives, which educate the public about the importance of accessibility and the issues facing people with disabilities. The charity’s #EveryoneEverywhere campaign has generated more than 1.4bn impressions since it launched in May 2019.
The foundation spent $1.2m (13% of program costs) on education and outreach. In F2020, RHF reports that 3,251 new educators registered for the RHF School Program, which provides administrators and teachers with resources such as lesson plans and tools to run disability awareness events. Also, the RHF Ambassador program gave 341 presentations to more than 60k students across Canada to engage in conversations about disability, accessibility, and inclusion. Ambassadors are a diverse group of people with different disabilities affecting their mobility, sight, and hearing.
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Results and Impact
As a member of the Federal Accessibility Legislation Alliance, Rick Hansen Foundation worked with the disability community to advocate for the federal government’s support of Bill C-81, the Accessible Canada Act. Some of the goals of the Act include the realization of a barrier-free Canada, standards development, and proactive compliance and enforcement measures. In June 2019, the bill received Royal Assent.
While Ci highlights these key results, they may not be a complete representation of Rick Hansen Foundation’s results and impact.
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Finances
Rick Hansen Foundation is a Medium-sized charity, receiving $2.0m in donations in F2020. The charity also received $6.3m in government funding. Administrative costs are 14% of revenues and fundraising costs are 29% of donations. For every dollar donated, 57 cents go to the cause. This is not within Ci’s reasonable range for overhead spending. RHF holds $14.3m in funding reserves, of which $134k is donor-endowed. Excluding donor-endowed funds, RHF can cover 1.6 years of annual program costs.
This charity report is an update that has been sent to Rick Hansen Foundation for review. Changes and edits may be forthcoming.
Updated on August 14, 2020 by Tenzin Shomar.
Financial Review
Fiscal year ending March
|
2020 | 2019 | 2018 |
---|---|---|---|
Administrative costs as % of revenues | 13.9% | 9.9% | 7.4% |
Fundraising costs as % of donations | 29.1% | 34.7% | 57.0% |
Total overhead spending | 43.0% | 44.6% | 64.4% |
Program cost coverage (%) | 160.3% | 211.2% | 95.9% |
Summary Financial StatementsAll figures in $000s |
2020 | 2019 | 2018 |
---|---|---|---|
Donations | 1,986 | 2,852 | 2,174 |
Government funding | 6,252 | 7,169 | 10,639 |
Special events | 0 | 0 | 894 |
Investment income | 1,237 | 1,332 | 1,013 |
Other income | 579 | 558 | 607 |
Total revenues | 10,055 | 11,912 | 15,327 |
Program costs | 8,869 | 9,169 | 13,900 |
Administrative costs | 1,223 | 1,043 | 1,059 |
Fundraising costs | 578 | 991 | 1,749 |
Total spending | 10,670 | 11,203 | 16,708 |
Cash flow from operations | (616) | 709 | (1,381) |
Capital spending | 87 | 65 | 12 |
Funding reserves | 14,337 | 19,483 | 13,456 |
Note: Ci adjusted for deferred donations, affecting revenues by ($515k) in F2020, $703k in F2019, and ($460k) in F2018. Ci removed amortization from program, administrative and fundraising costs on a pro-rated basis.
Salary Information
$350k + |
1 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
2 |
$160k - $200k |
2 |
$120k - $160k |
2 |
$80k - $120k |
3 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2019
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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: 1-800-213-2131