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Canucks for Kids Fund

89 West Georgia St.
Vancouver, BC V6B 6G1
Executive Director: Alex Oxenham
Board President: Paolo Aquilini

Website: www.nhl.com/canucks/community/canucksforkids
Charitable Reg. #: 11883 7483 RR0001
Sector: Fundraising Charity - Pro Sports Team
Public Foundation

Donor Accountability

Grade: C-

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

95¢
75¢
avg
65¢
50¢
2015 2016 2017
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #2

Avg. Compensation $91,210

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 0
Information from most recent CRA Charities Directorate filings for F2017

About Canucks for Kids Fund:

Canucks for Kids Fund (CFKF) raises funds toward charities that support children’s health and wellness, development of grassroots hockey, and education in British Columbia. Over the last 30 years, CFKF granted over $56 million to charities in British Columbia. On a much smaller scale, at around 4% the size of its grants, the charity also has its own educational and hockey programs. CFKF raises awareness and funds through several initiatives, including the CFKF 50/50, CFKF Superskills Competition powered by Rogers, and the CFKF Telethon.

Canucks for Kids Fund granted $3.6m in F2017, and the majority went to children’s health and wellness organizations, including $900k to Streetohome Foundation and $800,000 to Canucks Autism Network (CAN). CAN currently supports 3,900 individuals and families living with autism. CAN trained around 55 Rogers Arena Staff on how to detect and interact with people with autism.

In 2018, Canucks for Kids Fund provided $2,500 Trevor Linden Community Spirit Scholarships to four BC high school graduates for outstanding leadership through their community. CFKF has awarded 32 students since the program was introduced in 2008.

Fin’s Friends, one of CFKF’s educational programs, teaches primary students across BC proper character and social responsibilities. Over the past seven years, over 84,000 primary students and 3,355 primary classrooms participated in the program. The program was 1% of CFKF’s total grants and program costs in F2017.

Financial Review:

Canucks for Kids Fund is a Medium-sized charity with $2.5m in donations and special events revenue in F2017. Administrative and fundraising costs were 27% of revenues.  For every dollar donated, 73% go to the cause, falling within Ci’s reasonable range for overhead spending. The charity has funding reserves of $302k, covering just under a month of program costs. This coverage shows a need for donations. Goods in kind refer to the fair value of donated Vancouver Canucks season tickets.

CFKF used external fundraisers in F2017. The charity paid $2k to raise $15k from external fundraisers for a cost of 13 cents per dollar raised.

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

Updated on June 19, 2018 by Joeyanne Cheung.

Financial Ratios

Fiscal year ending July
201720162015
Fundraising & admin costs as % of revenues 27.0%27.9%20.8%
Program cost coverage (%) 8.0%12.7%5.9%

Summary Financial Statements

All figures in $s
201720162015
Donations 660,699747,7201,093,124
Goods in kind 294,421229,870209,809
Lotteries (net) 1,483,5881,463,4671,624,997
Special events 1,831,5981,620,5882,001,368
Investment income 5,8034,7215,120
Total revenues 4,276,1094,066,3664,934,418
Program costs 146,868177,460145,862
Grants 3,620,4422,888,1953,745,748
Fundraising & administrative costs 1,151,8821,130,9781,024,184
Cash flow from operations (643,083)(130,267)18,624
Funding reserves 301,791390,457229,657
Note: Ci presented 50/50 draws (lotteries) net of expenses, reducing total revenues and expenses by $1.5m in F2017, $1.5m in F2016, and $1.6m in F2015.

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