Pancreatic Cancer Canada

508 - 36 Eglinton Ave. W
Toronto, ON M4R 1A1
Executive Director: Michelle Capobianco
Board Chair: Dr. Michael Clarfield

Charitable Reg. #:84870 1967 RR0001

STAR RATING

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

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✔+

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.

52%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 52 cents are available for programs.



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Programs

About Pancreatic Cancer Canada:

Pancreatic Cancer Canada Foundation (PCC) is Canada’s only foundation dedicated to raising money and awareness for pancreatic cancer. PCC supports research into early detection, effective treatment options and ultimately, a cure for pancreatic cancer. Moreover, PCC raises awareness, advocates for increased funding, and provides support and resources to pancreatic cancer patients and their families. PCC reports that 93% of people diagnosed with pancreatic cancer will not live longer than five years and little advancements in treatment have been uncovered in the past 40 years. In F2018, PCC granted $60k to other pancreatic cancer research organizations and contributed $191k to research, awareness, and support programs.

In 2016, PCC created Pancreatic Canadian Oncology Network (PancOne)™: a first-of-its-kind network of Canadian investigators at Centres of Excellence from coast to coast who are working together to share ideas, data and findings related to pancreatic cancer. This pan-Canadian initiative aims to better understand this disease to accelerate diagnosis, explore new treatment options for patients and ultimately save more lives. There are 5 centres in this initiative: Princess Margaret Cancer Centre, BC Cancer Foundation, McGill University Health Centre Foundation, University of Calgary, and QEII Health Sciences Centre Foundation.

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Results and Impact

A research study performed by Pancreatic Cancer Canada resulted in the discovery that patients with surgically removed pancreatic cancer who received a four-drug combo chemotherapy called mFOLFIRINOX, lived an average of 20 months longer than those who received the current standard of post-surgery chemo, gemcitabine. However, the surgery that precedes this combination therapy is still only possible for 10-20% of people diagnosed with pancreatic cancer.

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Finances

Pancreatic Cancer Canada is a medium-sized charity with donations and special events revenues of $2.2m in F2018. PCC’s administrative costs were 21% of revenues, while fundraising costs were 28% of donations. Therefore, for every dollar donated, 52 cents go to the cause, which is outside of Ci’s reasonable range for overhead spending.

In F2018, Pancreatic Cancer Canada had funding reserves of $1.1m, which cover annual program costs for 1.4 years.

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

Updated June 27, 2019 by Parker Thomlinson.

Financial Review


Financial Ratios

Fiscal year ending December
201820172016
Administrative costs as % of revenues 20.9%19.1%11.5%
Fundraising costs as % of donations 27.5%73.5%30.8%
Program cost coverage (%) 139.2%286.2%120.0%

Summary Financial Statements

All figures in $s
201820172016
Donations 1,364,4131,089,8861,218,753
Special events 855,50962,141235,709
Investment income (10,351)3,7078,858
Total revenues 2,209,5711,155,7341,463,320
Program costs 191,095241,480121,820
Grants 608,891146,5501,282,437
Administrative costs 463,767219,843167,059
Fundraising costs 610,357846,251447,627
Cash flow from operations 335,461(298,390)(555,623)
Funding reserves 1,113,7941,110,3671,685,380

Note: In F2016, and 2017, PCC restated its expenses in a Notice to Reader to better reflect its expenses by activity. Amortization was backed out of expenses on a pro-rata basis.

Salary Information

Full-time staff: 12

Avg. Compensation $28,481

Top 10 staff salary range

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
0
$80k - $120k
1
$40k - $80k
1
< $40k
8

Information from most recent CRA Charities Directorate filings for F2017

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Comments & Contact

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Charity Contact

Website: www.pancreaticcancercanada.ca
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