Alberta Cancer Foundation

710 - 10123 99 St NW
Edmonton, AB T5J 3H1
Acting CEO: Ellen Terrill
Board Chair: Anne Palter

Charitable Reg. #:11878 0477 RR0001

STAR RATING

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

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Unlock Charity Ratings

✔+

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.

51%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 51 cents are available for programs.

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My anchor

Programs

About Alberta Cancer Foundation:

Founded in 1985, Alberta Cancer Foundation (ACF) is the main fundraising organization for Alberta’s 17 cancer centres. The charity’s mission is to make Alberta the leader in cancer research, care, and prevention. ACF aims to improve cancer treatment effectiveness, improve the quality of life for cancer patients and their families, diagnose cancer earlier, and reduce the risk of developing cancer. Alberta Cancer Foundation reports that one in two Albertans will develop cancer in their lifetime, and one in four Albertans will die from cancer. In addition, ACF reports that each year in Alberta, nearly 300 new cases of cancer are diagnosed in adolescent and young adults, aged 15-29.

The most recent audited financial statements provided by the charity are from F2019, however, the most recent annual report (AR) is from F2018. Based on F2019, research is ACF’s largest program, making up 74% of program costs. According to the F2018 AR, major research projects funded by Alberta Cancer Foundation are in clinical trials, in immunotherapy, and in colorectal cancer. ACF reports that over the past five years, more than 6,000 Albertans have taken part in 500 clinical trials. ACF has also funded $8.8m since 1999 in Alberta’s Tomorrow Project, which uses 55,000 biological samples from 300,000 participants to understand the root causes of developing cancer.

According to ACF’s F2019 audited financial statements 22% of program costs go toward prevention and screening. In the 2018 AR, ACF reports investing in a pilot lung cancer screening project that aims to screen 800 high-risk patients over three years in Calgary, Edmonton, and Fort McMurray. In F2018, ACF hosted the Early Detection Cancer Challenge wherein two companies were chosen to receive funding to improve early cancer detection. The first was an Edmonton-based company, Nanostics. It created — ClarityDX Prostate — a reliable non-invasive blood test that has the ability to identify prostate cancer and reduce unnecessary biopsies and surgeries for patients. The second, Calgary-based Syantra, created Breast CancerScout — also a blood test that has the potential to detect and change breast cancer screening protocol with more accurate results than current methods.

In F2019, Alberta Cancer Foundation spent 4% of program costs on enhanced care to provide mental, physical, and financial support to cancer patients. According to its F2018 AR, ACF funds the Patient Navigator Program. Navigators are registered nurses that guide cancer patients through the health system and provide physical, practical, and emotional support. The charity reports that this program is estimated to save the health system at least $1 million, by alleviating visits to family physicians and emergency rooms for non-emergent issues. The Patient Navigator Program was accessed nearly 20,000 times in 2017/2018. ACF spends $1.2m yearly on its Patient Financial Assistance Program. The program supports cancer patients undergoing active treatment by providing financial support covering costs including childcare, food, housing, and transportation. In 2017, this program was accessed 4,962 times.

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Results and Impact

According to the F2018 AR, the overall cancer survival rate has increased from about 25% in the 1960s, to 60% today, as a result of investments in cancer prevention, early detection, and improving treatment. A report published on July 26, 2018 stated that a new Calgary-made blood test showed an 87% accuracy rate of detecting breast cancer. This is higher than the mammography screening, the recommended screening method, which is only 75% accurate.

My anchor

Finances

Alberta Cancer Foundation is one of Canada’s Major 100 charities with F2019 donations and special events revenue of $25.9m. Administrative and fundraising costs are 49% of revenues (excluding investment income). For every dollar donated, 51 cents go to the cause, which is outside of Ci’s reasonable range for overhead spending.

ACF has funding reserves of $186.5m, including $44.4m in donor-endowed funds. Excluding donor-endowed funds, funding reserves can cover program costs for 9.1 years. In F2019, the charity’s return on its funding reserves was 5%.

ACF used external fundraisers in F2018. The charity paid $1.2m to raise $1.0m from the external fundraiser for a cost of $1.19 per dollar raised.

This charity report is an update that has been sent to Alberta Cancer Foundation for review. Changes and edits may be forthcoming.

Updated on August 7, 2019 by Parker Thomlinson.

Financial Review


Financial Ratios

Fiscal year ending March
201920182017
Administrative costs as % of revenues 0.0%13.6%18.9%
Fundraising costs as % of donations 0.0%29.9%43.1%
Fundraising & admin costs as % of revenues 48.5%0.0%0.0%
Total overhead spending 48.5%41.5%59.1%
Program cost coverage (%) 1,048.8%1,014.7%1,039.6%

Summary Financial Statements

All figures in $000s
201920182017
Donations 18,45325,09815,331
Government funding 1,0008118
Lotteries (net) 1,8321,9981,107
Special events 7,4497,9057,457
Investment income 9,4659,8657,733
Other income 590275529
Total revenues 38,78945,22332,174
Program costs 17,78017,38315,411
Administrative costs 04,7954,608
Fundraising costs 09,8599,831
Fundraising & administrative costs 14,23500
Total spending 32,01432,03729,851
Cash flow from operations 6,77513,1862,323
Funding reserves 186,476176,373160,210

Note: The most recent CRA T3010 filing for AFC is from F2018. As a result, admin and fundraising expenses could only be broken out in F2017 and F2018, but not F2019. Ci reports net revenues from lotteries, understating expenses and revenues by $7.0m in F2019, $6.9m in F2018, and $7.2m in F2017.

Salary Information

Full-time staff: 59

Avg. Compensation $98,083

Top 10 staff salary range

$350k +
0
$300k - $350k
0
$250k - $300k
2
$200k - $250k
2
$160k - $200k
4
$120k - $160k
2
$80k - $120k
0
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2018

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Comments & Contact

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Charity Contact

Website: www.albertacancer.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 866-412-4222

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