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.
A
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.
81%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 81 cents are available for programs.
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OVERVIEW
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 charity reports that 1 in 5 Canadians has one or more disabilities. RHF has four programs: Removing Physical Accessibility Barriers, Spinal Cord Injury Research, Raising Awareness and Changing Attitudes, and Empowering Youth and Championing Change. The charity’s head office is in Richmond, British Columbia.
Removing Physical Accessibility Barriers accounted for 44% of program spending in F2021. The program aims to improve physical accessibility using a rating system the charity created called Rick Hansen Foundation Accessibility Certification (RHFAC). RHFAC is used to determine the accessibility of commercial, institutional, and multi-family residential buildings. In F2021, RHF rated 104 sites, a 70% decrease over 344 sites in F2020. Of the 104 sites, 17 were rated gold, the highest rating possible, and 71 were accessibility certified. The program also trains people to become designated RHFAC professionals and grants to organizations to allow for accessibility updates. In F2021, 51 people completed RHFAC training, a 38% increase over 37 in F2020.
Spinal Cord Injury Research accounted for 22% of program costs in F2021. The charity spent $1.9m on research aimed to improve the health and quality of life for people with disabilities. RHF grants to International Collaboration on Repair Discoveries (ICORD) and the Vancouver General Hospital (VGH) and the University of British Columbia (UBC) Hospital Foundation.
Raising Awareness and Changing Attitudes accounted for 21% of program costs in F2021. The program educates the public about the importance of accessibility and the issues facing people with disabilities. The program also advocates for government regulations ensuring equality for all disabled people. The charity’s #EveryoneEverywhere campaign has generated more than 1.4 billion impressions since it launched in May 2019. The charity also wrote two opinion pieces in the Globe and Mail in F2021.
Empowering Youth and Championing Change accounted for the final 13% of program costs in F2021. The program offers lessons and activities that focus on disability, accessibility and inclusion for students in school. The program delivered a record amount of 475 school presentations, a 39% increase over 341 in F2020. The programs reached 30 thousand students.
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Results and Impact
In May 2021, Surrey, a city in BC, commited to building all future civic facilities to RHFAC Gold standard. This is the first city in Canada to commit to these standards. RHFAC was also adopted into Carleton University’s policy. This ensures all of the University buildings will be accessibility certified and all new sites will be build to RHFAC Gold.
The Province of Nova Scotia adopted RHF’s school program into its education curriculum, the first province to do so. The charity reports this will help more than 10,000 teachers to teach about accessibility and inclusion in their classrooms.
Funds granted to Dr. Brian Kwon and researchers and VGH & UBC Hospital Foundation have helped with discoveries such as the ability to regulate fluid pressure in the spine to increase blood supply.
While Ci highlights these key results, they may not be a complete representation of Rick Hansen Foundation’s results and impact. This charity is not yet rated on impact (n/r).
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Finances
Rick Hansen Foundation has donations of $5.6m in F2020. This is a 182% increase over $2.0m in F2020. The charity received $5.8m in government funding, representing 45% of total revenues. Administrative costs are 9% of revenues (less investment income) and fundraising costs are 10% of donations. This results in total overhead spending of 19%. For every dollar donated, 81 cents go to the cause. This is within Ci’s reasonable range for overhead spending. RHF has reduced its fundraising costs 66% from $1.7m in F2018.
RHF has $16.4m in funding reserves, of which $134k is donor endowed. Excluding donor-endowed funds, the charity could cover 191% or almost two years of annual program costs with current reserves.
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 25, 2021 by Brenleigh Jebb.
Financial Review
Fiscal year ending March
|
2021 | 2020 | 2019 |
|---|---|---|---|
| Administrative costs as % of revenues | 8.6% | 13.9% | 9.9% |
| Fundraising costs as % of donations | 10.4% | 29.0% | 34.7% |
| Total overhead spending | 19.1% | 42.9% | 44.6% |
| Program cost coverage (%) | 190.9% | 159.9% | 211.2% |
Summary Financial StatementsAll figures in $000s |
2021 | 2020 | 2019 |
|---|---|---|---|
| Donations | 5,608 | 1,991 | 2,852 |
| Government funding | 5,830 | 6,252 | 7,169 |
| Investment income | 1,015 | 1,237 | 1,332 |
| Other income | 575 | 579 | 558 |
| Total revenues | 13,029 | 10,060 | 11,912 |
| Program costs | 5,404 | 6,031 | 6,482 |
| Grants | 3,127 | 2,839 | 2,687 |
| Administrative costs | 1,038 | 1,223 | 1,043 |
| Fundraising costs | 584 | 578 | 991 |
| Total spending | 10,153 | 10,670 | 11,203 |
| Cash flow from operations | 2,876 | (611) | 709 |
| Capital spending | 36 | 87 | 65 |
| Funding reserves | 16,407 | 14,307 | 19,483 |
Note: Ci adjusted for deferred donations, affecting revenues by $2.2m in F2021, ($515k) in F2020, and $703k in F2019. Ci removed amortization from program, administrative and fundraising costs on a pro-rated basis.
Salary Information
$350k + |
1 |
$300k - $350k |
0 |
$250k - $300k |
1 |
$200k - $250k |
1 |
$160k - $200k |
2 |
$120k - $160k |
0 |
$80k - $120k |
5 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2020
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Comments & Contact
Comments added by the Charity:
Charity Contact
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