Canucks for Kids Fund
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✖
FINANCIAL TRANSPARENCY
Audited financial statements available only through official request for information from Charities Directorate.
D+
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.
9%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 9 cents are available for programs.
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OVERVIEW
About Canucks for Kids Fund:
Canucks for Kids Fund (CFKF) raises funds for charities that support children’s health and wellness, development of grassroots hockey, and education in British Columbia. CFKF raises awareness and funds through several initiatives, including the CFKF 50/50, the Sports Celebrities Festival, and the CFKF Telethon.
Canucks for Kids Fund granted $3.9m in F2019. Most of the funds went to children’s health and wellness organizations, including $1.4m to Canucks Autism Network (CAN), $651k to BC Children’s Hospital, and $642k to Canucks Place Children’s Hospital. An additional 20 charities received grants from CFKF. On a much smaller scale, at around 4% the size of its grants, the charity also has its own educational and hockey programs.
In F2018, CAN supported over 4,768 individuals and families living with autism. CAN trained over 100 Rogers Arena Staff on how to detect and interact with people with autism.
In F2018, 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 15 years, over 125,000 primary students and 5,000 primary classrooms participated in the program.
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Results and Impact
Charity Intelligence did not find any quantified outcomes on Canucks for Kids' website. This may not be a complete representation of CKF's results and impact.
This charity is not yet rated on impact.
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Finances
Canucks for Kids Fund received $2.1m in donations and special events revenue in F2019. It also raised $4.3m from its 50/50 draws at NHL games. Administrative and fundraising costs were 91% of revenues. For every dollar donated, 9 cents go to the cause, falling outside Ci’s reasonable range for overhead spending.
The charity has net funding reserves of $708k which could cover around two months of program costs. Goods in kind refer to the fair value of donated Vancouver Canucks season tickets.
CFKF used external fundraisers in F2019. The charity paid $4k to raise $14k from external fundraisers for a cost of 32 cents per dollar raised.
Charity Intelligence has sent this profile update to Canucks for Kids Fund for review. Changes and edits may be forthcoming.
Updated on June 28, 2021, by Shira Wine.
Financial Review
Fiscal year ending July
|
2019 | 2018 | 2017 |
|---|---|---|---|
| Fundraising & admin costs as % of revenues | 90.5% | 39.7% | 36.8% |
| Total overhead spending | 90.5% | 39.7% | 36.8% |
| Program cost coverage (%) | 17.3% | 16.6% | 8.0% |
Summary Financial StatementsAll figures in $000s |
2019 | 2018 | 2017 |
|---|---|---|---|
| Donations | 513 | 706 | 661 |
| Goods in kind | 245 | 351 | 294 |
| Lotteries (net) | 4,296 | 1,939 | 1,484 |
| Special events | 1,604 | 1,725 | 1,832 |
| Investment income | 11 | 9 | 6 |
| Total revenues | 6,668 | 4,731 | 4,276 |
| Program costs | 145 | 156 | 147 |
| Grants | 3,940 | 3,035 | 3,620 |
| Fundraising & administrative costs | 2,137 | 1,105 | 1,025 |
| Total spending | 6,223 | 4,296 | 4,793 |
| Cash flow from operations | 445 | 435 | (517) |
| Funding reserves | 708 | 529 | 302 |
Note: Ci presented 50/50 draws (lotteries) net of expenses, reducing total revenues and expenses by $3.9m in F2019, $1.9 in F2018, and $1.5m in F2017.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
2 |
$40k - $80k |
1 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2019
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Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it.
To contact Canucks for Kids fund:
call 604.899.7400