Pacific Salmon Foundation

#300 1682 West 7th Avenue
Vancouver, BC V6J 4S6
President & CEO: Michael Meneer
Board Chair: Jeff Giesbrecht

Charitable Reg. #:11907 5638 RR0001


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

[Charity Rating: 4/5]



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) 65 cents are available for programs.

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About Pacific Salmon Foundation:

Pacific Salmon Foundation is a 4-star charity with an average results reporting score. It is financially transparent and has overhead costs just within Ci’s reasonable range.

Founded in 1987, Pacific Salmon Foundation (PSF) aims to conserve, restore, and enhance Pacific salmon and their ecosystems in British Columbia and the Yukon. PSF funds habitat restoration projects, raises awareness, and promotes sustainable practices to protect wild salmon. 

The Marine Science Program represented 33% of program spending in F2022. The program aims to understand why Pacific salmon populations have been declining in the Salish Sea. In F2022, PCF launched its Strait of Georgia Marine Reference Guide which is an online tool that helps people learn about the marine environment in the Strait of Georgia. In F2022, 10,520 users accessed the tool online. The charity is also evaluating the effectiveness of hatcheries and reviewed 21 Chinook and 16 Coho hatcheries in F2022.

PCF’s Salmon Watersheds Program represented 21% of program spending in F2022. The program focuses on research into conserving and monitoring salmon, and making this information easily available. The Pacific Salmon Explorer is a data-visualisation tool with information on the state of salmon in British Colombia. As of F2022, 92% of BC’s salmon population was represented on the Pacific Salmon Explorer. The charity has also launched a pilot project which uses artificial intelligence to monitor salmon. As of F2022, the project had 530,000 labelled images.

The Climate Adaptation program made up 16% of program spending in F2022. The charity focussed on three projects in F2022: the Forest Fire Playbook, Genetic Adaptability, and Assessing Fraser River Migration Impediments.

The charity’s Community Salmon program made up 13% of program spending in F2022. Through this program, PCF funds schools, First Nations, and conservation organizations to save and restore Pacific salmon populations.

PCF’s High Seas Expedition was 11% of program spending in F2022. The charity’s High Seas research investigates salmon and ecosystem health through the salmon’s life cycle.

The remaining 6% of program spending went to the charity’s other programs including Percy Walkus Hatchery (Rivers Inlet program), Stewardship Community Bursary, and Provincial Portfolio.

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Results and Impact

Pacific Salmon Foundation reports that through projects funded by its Community Salmon Program, 235,000 m2 of salmon habitat has been restored. The charity also reports that in F2022, a de-watered channel on the Adams River was successfully restored. The Adams River serves as a crucial spawning ground for salmon and relies on side channels for spawning. Additionally, through its Strategic Salmon Health Initiative (SSHI), the charity carried out research that helped secure the federal government’s commitment to transition away from open-net aquaculture in B.C. by 2025.

While Ci highlights these key results, they may not be a complete representation of Pacific Salmon Foundation’s results and impact. This charity is not yet rated on impact (n/r).

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Pacific Salmon Foundation received $4.1m in donations and special events revenue in F2022. It also received $6.7m in government funding, representing 48% of total revenues.

Administrative costs are 19% of revenues (less investment income) and fundraising costs are 16% of donations and special events revenue. This results in total overhead spending of 35%. For every dollar donated to the charity, 65 cents go to the cause. This is just within Ci’s reasonable range for overhead spending.

PSF has reserve funds of $8.7m which can cover around nine months of annual program and grant costs.

Pacific Salmon Foundation has a close relationship with another independent charity, Pacific Salmon Endowment Fund Society (PSEFS). PSEFS was founded in 2001 to manage and distribute a $30m government grant for the conservation of Canada’s West Coast salmon. In 2019, it received another $5m in government funding. PSEFS had $40.1m in liquid assets in F2019. Since 2015, PSEFS has distributed $8.5m in grants, with Pacific Salmon Foundation receiving $8.4m (99%) and one other charity, Comox Valley Land Trust, receiving $100k (1%).

According to the CRA, two of Pacific Salmon Endowment Fund Society’s ten directors are also directors of PSF. PSF’s auditors do not recognize these two charities as related parties. Charity Intelligence has therefore not consolidated the two in this financial analysis, and classified contributions from PSEFS in other income.

Charity Intelligence has sent this update to Pacific Salmon Foundation for review. Changes and edits may be forthcoming.

Updated on July 5, 2023 by Kiara Andrade.

Financial Review

Financial Ratios

Fiscal year ending December
Administrative costs as % of revenues 18.8%23.2%22.1%
Fundraising costs as % of donations 15.9%7.8%8.5%
Total overhead spending 34.7%30.9%30.6%
Program cost coverage (%) 77.3%94.0%122.4%

Summary Financial Statements

All figures in $000s
Donations 3,1622,6633,333
Government funding 6,6895,1233,664
Special events 925394582
Investment income 1373079
Other income 3,1681,4872,040
Total revenues 14,0829,6979,697
Program costs 9,2546,8545,578
Grants 1,9471,5941,603
Administrative costs 2,6172,2392,127
Fundraising costs 651238331
Other costs 221114
Total spending 14,49110,9369,653
Cash flow from operations (409)(1,238)44
Capital spending 555838
Funding reserves 8,6627,9408,790

Note: To report on a cash basis, Ci adjusted for deferred contributions, affecting revenues by $675k in F2022, ($476k) in F2021, and $966k in F2020. Ci also adjusted for deferred government contributions, affecting revenues by ($644k) in F2022, ($851k) in F2021, and ($1.2m) in F2020. Ci classified program management fees paid by governments as government funding and included all other management fees in other income. Ci included contributions and admin fees paid by Pacific Salmon Endowment Fund Society (PSEFS) in other income. The charity’s financial notes state that PSEFS was founded in 2001 to receive and manage government grants for salmon conservation. PSEFS does not fundraise or receive other donations. Ci included Community Salmon Project awards in grants. To report on a cash basis, Ci adjusted these amounts by changes in project awards payable. This affected total expenses by $527k in F2022, ($1k) in F2021, and ($162k) in F2020. Ci classified awards given to winners of the charity’s annual stamp designing contest as other expenses.

Salary Information

Full-time staff: 39

Avg. compensation: $76,667

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 F2021

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 604-664-7664


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Charitable Registration Number: 80340 7956 RR0001