CharityIntelligence Canada
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Kinsmen Foundation

2217C Hanselman Court
Saskatoon, SK S7L 6A8
Executive Director: Richard Kies
Board Chair: Pam Massine

Charitable Reg. #: 10757 1630 RR0001
Sector: Social Services
Operating Charity

Results Reporting

Grade: D+

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements available only through official request for information from Canada Revenue Agency [Audited financial statement for most recent year]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

2014 2015 2017
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #6

Avg. Compensation $61,562

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 4
< $40k 1
Information from most recent CRA Charities Directorate filings for F2017

About Kinsmen Foundation:

Founded in 1971, Kinsmen Foundation works to improve the quality of life of people in Saskatchewan by raising money to purchase medical equipment and support people travelling to receive healthcare. Grants for equipment may be awarded to individuals or care homes for people with special needs, with past purchases including walkers, accessories to make vehicles more accessible, wheelchairs, specialized bathtubs, and systems to lift people. Individuals and families traveling out of province for specialized medical care can receive more than $20,000 to subsidize travel, food, and accommodations costs.

Kinsmen Foundation raises money through Telemiracle, an annual 20-hour talent show and telethon. The foundation reports that in the 42 years since the first Telemiracle in 1977, the event has raised more than $123 million.

Of the total $2.7m in grants distributed in F2017, $493,000 is outlined on the foundation’s T3010 filing with the CRA. These grants were awarded to other registered charities in Saskatchewan, with the largest grants received by Saskatchewan Prevention Institute ($120,000), St. Joseph's Hospital Foundation ($82,000), and Westview School Community Council ($25,000). Grants not included in this list must have been allocated to individual recipients or organizations that are not registered charities. 

Financial Review:

Charity Intelligence has scored Kinsmen Foundation as a zero in financial transparency because the charity failed to provide full financial statements when requested. The financial analysis completed by Charity Intelligence uses the most recent financial statements available to Ci, from the CRA, at the time of writing this report.

Kinsmen Foundation is a large charity with donations of $5.1m in F2017. Administrative costs are 14% of revenues less investment income, and fundraising costs are 21% of donations. For every dollar donated, 65 cents go to the cause, which is within Ci’s reasonable range for overhead spending.

Kinsmen Foundation has $10.1m in funding reserves, of which $39k is donor-endowed. Excluding donor-endowed funds, the foundation could grant for almost four years at the F2017 level using reserves.

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

Updated on June 26, 2019 by Madison Kerr.

Financial Ratios

Fiscal year ending June
Administrative costs as % of revenues 13.7%15.1%12.8%
Fundraising costs as % of donations 21.3%23.3%19.7%
Program cost coverage (%) 369.8%276.8%256.7%

Summary Financial Statements

All figures in $000s
Donations 5,0644,4575,244,643
Business activities (net) 262120,204
Investment income 146191213,601
Total revenues 5,2364,6705,478,448
Grants 2,7293,6674,695,274
Administrative costs 696676673,740
Fundraising costs 1,0781,0401,033,037
Cash flow from operations 732(713)(923,603)
Funding reserves 10,09410,15212,054,180
Note: Ci has presented costs associated with Telemiracle as expenses rather than showing Telemiracle revenue net of costs, affecting revenues and expenses by $1.1m in F2017, $1.2m in F2016, and $1.0m in F2016. Ci has used administrative costs as presented on the foundation’s T3010 filing with the CRA. Amortization related to office operations has been removed from administrative costs and amortization associated with Telemiracle has been removed from fundraising costs.