Heart & Stroke
Ottawa, ON K1P 5V9
CEO: Yves Savoie
Board Chair: Andrew W. Cockwell
Charitable Reg. #: 10684 6942 RR0001
Grade: A-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Full-time staff #606
Avg. Compensation $68,736
Top 10 Staff Salary Range
|$300k - $350k||1|
|$250k - $300k||5|
|$200k - $250k||4|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||0|
About Heart & Stroke:
Founded in 1952, the mission of Heart and Stroke Foundation of Canada (Heart & Stroke) is to “prevent disease, save lives and promote recovery”. Heart & Stroke's activities fall under four priority areas: preventing disease, saving lives, promoting recovery, and investing in research. Core programs include research and health promotion & community programs. The charity notes that 1.6 million Canadians are living with heart disease and stroke, and that 80% of premature heart disease & stroke is preventable. Heart & Stroke has two major goals for 2020: decreasing the risk factors for heart disease and stroke in Canadians by 10%, and reducing Canadians’ death rate from heart disease and stroke by 25%.
Health promotion & community program spending made up 54% of Heart & Stroke’s total program costs and grants in F2017. Heart & Stroke aims to prevent disease by generating awareness. It organizes school and community programs, issues health information, and influences public policies. Heart & Stroke aims to save lives by enabling better response and treatment for cardiac emergencies and strokes. This is accomplished by developing educational materials, and educating the public on CPR, AEDs (automated external defibrillators) and stroke awareness. Heart & Stroke also aims to promote recovery by providing recovery information and creating a support network for survivors.
In F2017, Heart & Stroke generated health awareness among more than 950,000 kids in 3,415 schools across Canada through the Jump Rope for Heart program. The charity trained 215,000 people in CPR during the year, and trained 323,000 clinicians, first responders, and other personnel in Canada on how to respond to heart emergencies. In F2017, Heart & Stroke launched its online Community of Survivors to 300 people who have experienced heart disease or stroke. This program connects heart disease, heart failure and stroke survivors together.
Research grants made up 46% of total program costs and grants in F2017. Heart & Stroke states that it supported more than 800 researchers in medical institutes, universities, hospitals and communities across Canada in 2017. It reports that it has invested $1.52 billion in research since 1952. As per the charity’s T3010 CRA filings, Heart & Stroke’s five largest grants (making up 64% of total grants) for F2017 were to Heart and Stroke Foundation of Ontario ($2.4m), University of Alberta ($2.0m), Toronto General and Western Hospital Foundation ($1.9m), University of BC ($1.8m), and McMaster University ($1.5m).
Results and Impact: As a result of Heart & Stroke’s campaigns to publicize the FAST (Face, Arms, Speech, Time) signs of stroke, it states that more people can recognize a stroke and know to act quickly to reduce the damage it can cause. The charity reports that in F2017 its FAST campaign increased awareness amongst Quebecers significantly, with 71% of respondents indicating they knew any one of the three signs (vs. 54% pre-campaign), 37% knew any two of three signs (vs. 22% pre-campaign), and 13% knew all three signs (vs. 5% pre-campaign).
Heart & Stroke reports its last milestone research breakthrough occurred in 2015 during the ESCAPE trial, which was co-funded by the Heart and Stroke Foundation. The researchers studied 316 people who were diagnosed with a major ischemic stroke. Using a procedure called endovascular thrombectomy (ET) as a treatment for stroke, the trial found a 50% reduction in the overall death rate among the patients who were treated with ET. Heart & Stroke also reports that the death rate from heart disease and stroke has declined by more than 75% since 1952.
Heart & Stroke is one of Canada’s largest charities, a Major 100, with donations of $115.8m in F2017. Administrative costs are 3% of revenues and fundraising costs are 44% of donations. Per dollar donated to the charity, $0.53 goes towards its programs and grants, which falls outside of Ci’s reasonable range for overhead spending. The charity’s funding reserves of $78.7m include $5.6m in donor-endowed funds. Excluding endowed funds, Heart & Stroke’s reserves can cover 1 year of annual program and granting costs. The charity has program and research grant commitments to pay out $52.0m in the next 5 years, which is 71% of its current non-endowed funding reserves.
Heart & Stroke uses external fundraisers as part of its fundraising activities. In F2017, the charity reported paying external fundraisers $1.0m that raised $14.6m. For every dollar Heart & Stroke raised from external fundraisers, it paid $0.07 to the third party.
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 20, 2018 by Derek Houlberg.
Financial RatiosFiscal year ending August
|Administrative costs as % of revenues||3.4%||3.0%||3.7%|
|Fundraising costs as % of donations||43.9%||43.9%||46.6%|
|Program cost coverage (%)||112.9%||105.9%||110.7%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||939||2,379||(2,670)|