Heart & Stroke

222 Queen Street, Suite 1402
Ottawa, ON K1P 5V9
CEO: Yves Savoie
Board Chair: Andrew Pipe

Charitable Reg. #:10684 6942 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.

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.

46%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 46 cents are available for programs.



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Programs

About Heart & Stroke:

Founded in 1952, Heart and Stroke Foundation of Canada fights against heart disease and stroke. Heart & Stroke Foundation of Canada's vision is for people in Canada to live a life uninterrupted by heart disease and stroke. Heart & Stroke Foundation of Canada's activities fall under four priority areas: preventing disease, saving lives, promoting recovery, and investing in research. Its core programs consist of health & community programs, and research. The foundation reports that heart disease and stroke related conditions take one life every five minutes in Canada, and an estimated 1.6 million more are living with the effects of these diseases.

The foundation’s health promotion & community programs made up 55% of program costs in F2018. These programs aim to generate awareness and prevent heart disease and stroke by changing people’s behaviors and eating habits. The foundation organizes school and community programs, provides health information, and influences and advocates for public policy. In F2018, Heart & Stroke engaged an estimated 900,000 children across 3,800 schools to participate in healthy activities through its Jump Rope for Heart campaign. The foundation trained more than 345,000 healthcare professionals across Canada to prepare them to respond to cardiac emergencies. It also trained more than 229,000 Canadians in basic CPR and first aid. Lastly, the charity has the goal of reaching at least 50% of stroke survivors and 35% of heart disease survivors with recovery resources.

Research grants made up 45% of total program costs in F2018. Heart and Stroke Foundation of Canada is currently funding 750 researchers. Of these researchers, 21 are new national investigators and 24 are research chairs. In F2018, Heart & Stroke granted $33.2m. The three largest grant recipients as reported in Heart and Stroke Foundation of Canada's F2018 T3010 filing were: University of Alberta ($2.5m), University of British Columbia ($1.5m), and Toronto General and Western Hospital Foundation ($1.2m). Heart & Stroke Foundation of Canada also granted $1.7m to Heart & Stroke Foundation of Ontario; however, given that Ci's financial analysis uses consolidated statements, transfers between the national and provincial divisions are omitted from revenues and expenses. 

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Results and Impact

Ci chose to highlight the following results: 

Heart and Stroke Foundation of Canada’s Stop Marketing to Kids Coalition resulted in the successful passing of Bill S-288 in the House of Commons. This bill restricts unhealthy food and beverage marketing to kids. The foundation was also a key influencer of an amendment made to the Tobacco Act, authorizing plain and standardized packaging, stripping away the appeal, and increasing the effectiveness of warnings.

In 2015, the ESCAPE trial supported by Heart & Stroke Foundation of Canada showed that treating major strokes by removing blood clots through blood vessels reduced deaths by 50%, and significantly reduces disabilities. Another researcher funded by the foundation identified a key molecule that accounts for about 20% of all cases of heart failure. This finding points to the opportunity for personalized treatment for heart failures.

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Finances

Heart & Stroke is a Major 100 charity, with donations of $107.9m in F2018. Administrative costs are 4% of revenues (excluding investment income) and fundraising costs are 50% of donations. For every dollar donated to the charity, 46 cents go to its programs and grants. This is outside of Ci’s reasonable range for overhead spending. The charity has funding reserves of $82.8m including $6.8m in donor-endowed funds. Excluding donor-endowed funds, Heart & Stroke Foundation of Canada’s reserves can cover 1 year of program and granting costs at the F2018 level. Heart & Stroke has commitments of $52.6m which account for 69% of non-endowed funding reserves.

Heart & Stroke uses external fundraisers as part of its fundraising activities. In F2018, the charity reported paying external fundraisers $1.5m that raised $17.5m. For every dollar Heart & Stroke raised from external fundraisers, it paid 9 cents. Excluding external fundraising costs and revenues, Heart & Stroke Foundation of Canada's cost to raise a dollar is 58 cents.

This charity report is an update that has been sent to Heart and Stroke Foundation of Canada for review. Comments and edits may be forthcoming.

Updated on August 19, 2019 Stefan Tetzlaff.

Financial Review


Financial Ratios

Fiscal year ending August
201820172016
Administrative costs as % of revenues 3.7%3.4%3.0%
Fundraising costs as % of donations 50.1%43.9%43.9%
Total overhead spending 53.8%47.3%46.8%
Program cost coverage (%) 111.2%112.9%105.9%

Summary Financial Statements

All figures in $000s
201820172016
Donations 107,891115,823116,152
Government funding 4,2032,7004,360
Lotteries (net) 6,0133,5495,870
Investment income 4,2174,5141,791
Other income 2956042,334
Total revenues 122,619127,190130,507
Program costs 41,25137,10841,836
Grants 33,17532,58731,506
Administrative costs 4,3764,1603,792
Fundraising costs 54,00750,86050,994
Total spending 132,809124,715128,128
Cash flow from operations (10,190)2,4752,379
Capital spending 2,0232,7052,682
Funding reserves 82,78878,65777,690

Note: Ci included endowment contributions in donations, increasing total revenues by $1,161k in F2018, $59k in F2017, and $110k in F2016. Ci reported lottery revenue net of direct costs, reducing total revenues and expenses by $10,9m in F2018, $10.9m in F2017, and $11.0m in F2016. Ci backed out amortization from program costs, reducing total program costs by $1.5m in F2018, $927k in F2017, and $580k in F2016.

Salary Information

Full-time staff: 598

Avg. Compensation $76,229

Top 10 staff salary range

$350k +
1
$300k - $350k
4
$250k - $300k
2
$200k - $250k
3
$160k - $200k
0
$120k - $160k
0
$80k - $120k
0
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2018

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Comments & Contact

Comments added by the Charity:

The following comments were added to a previous charity profile:

Heart&Stroke is a national charity with an ambitious vision: “Healthy lives free of heart disease and stroke. Together we will make it happen.” We need Canadians to join with us, as they have over the last 60 years, to help us in our mission to prevent disease, save lives and promote recovery.

Our national strategic plan, launched in 2013, set us on the path to achieving even greater tangible improvement in the health of Canadians. The plan identifies two specific impact goals, and everything we do ladders up to achieving these goals by 2020:

  • Reduce Canadians’ rate of death from heart disease and stroke by 25 per cent
  • Significantly improve the health of Canadians by decreasing their risk factors for heart disease and stroke by 10 per cent

Since Heart&Stroke was established in 1952, we have invested more than $1.45 billion in vital heart and stroke research, making us the largest contributor in Canada after the federal government. In that time, the death rate from heart disease and stroke has declined by more than 75 per cent. Our research grants have led to breakthroughs such as:

  • A hormone that revolutionized how we can control blood pressure, the leading risk factor for stroke;
  • The first heart transplant surgery in Canada;
  • Identification of the risk factors accounting for 90 per cent of all strokes and first heart attacks; and
  • A procedure that cuts stroke deaths by 50 per cent and significantly reduces disability in survivors by quickly pulling the clots out of the brain (ESCAPE trial 2015).

Below are some other recent examples that illustrate the impact we’re having:

  • In 2015, we created – along with the Childhood Obesity Foundation – a coalition of influential national, provincial and regional groups with an interest in promoting nutrition and health to advocate to restrict all commercial marketing of foods and beverages to Canadian children, and were successful in making this an issue during the federal election. Heart&Stroke was the first Canadian organization to call on Canadians to limit the amount of added sugar they consume each day. Too much sugar is linked to heart disease, stroke, diabetes and high blood cholesterol.
  • In 2015, we released a thought-provoking position statement on saturated fats, calling on Canadian society to think about saturated fats and heart disease in a new way.
  • In 2015, our advocacy efforts led to Nova Scotia and Alberta being the first jurisdictions to introduce a ban on menthol in cigarettes, the most commonly used flavour among youth.
  • Since 2004, we have empowered more than 1 million Canadians to assess their risk of heart disease and stroke, to target high blood pressure (the number one risk factor for stroke and a major risk factor for heart disease), and to make other healthy changes through the use of our free eTools.
  • In 2015, Heart&Stroke continued to provide a range of patient information and resources. We introduced Your Stroke Journey, a free comprehensive guide that helps stroke survivors and their families understand the effects of stroke and manage their recovery process.
  • In 2015, Heart&Stroke unveiled our Community of Survivors, a network of nearly 700 Canadians who have experienced heart disease, heart failure or stroke and are interested in improving their recovery. This group engaged in a variety of work, including being spokespeople during stroke month and testing the use of online technology for helping manage recovery.
  • In 2015, Heart&Stroke committed $1.5 million over five years (matched by the Canadian Institutes of Health Research) to the Canadian Resuscitation Outcomes Consortium (CanROC), an ambitious, multi-provincial initiative aimed at improving survival rates from cardiac arrest by ensuring that all Canadians, regardless of their location, receive excellent care, from bystander response and early defibrillation through to advanced pre-hospital care.
  • In 2015, Heart&Stroke funded research in regenerative medicine that could be a game changer for patients with heart failure. A heart transplant is the only solution for advanced heart failure but research that is close to being translated into therapy could help the heart to repair itself after a heart attack.

Heart&Stroke is committed to providing the highest level of financial responsibility and transparency around our operations. We believe in monitoring and measuring our performance on an ongoing basis; continuously reviewing which programs and activities deliver higher returns and identifying ways to increase revenue so we can have even more impact against our mission. We continue, as always, to be strongly committed to improving the efficiency of our organization. We are confident that the strategic investments we made in becoming one organization will ensure the longer term success and efficiency of the HSC – leading to meaningful improvements in the health of Canadians.

Charity Contact

Website: www.heartandstroke.ca
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