True Patriot Love Foundation

130 Bloor Street W. Suite 905
Toronto, ON M5S 1N5
CEO: Nick Booth
Board Chair: Shaun Francis

Charitable Reg. #:81464 6493 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

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FINANCIAL TRANSPARENCY

Most recent Audited financial statements available on the charity’s website.

B-

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.

45%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 45 cents are available for programs.



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Programs

About True Patriot Love Foundation :

Founded in 2009, True Patriot Love Foundation (TPL) raises money to fund programs that support Canadian military, veterans, and their families. Through its partnerships with the Department of National Defense and Veterans Affairs Canada, TPL has a strong understanding of the current needs of the military community. TPL funds programs that fit into four focus areas: family health and support, mental health and well-being, physical health and rehabilitation, and research and innovation. Since 2009, TPL states that it has committed over $28.3 million to fund research and support 825 community-based programs across Canada, reaching over 30,000 military families.

In F2018, True Patriot Love Foundation spent $3.2 million on programming. 71% was on grants to Canadian charities. TPL states on its website that it supports over 100 charities in Canada. Its most recent annual filing with the CRA Charities Directorate, which was for F2017, reports 36 qualified donees for the year. 26% of program costs in F2018 were on in-house programming, while donated goods used in programs made up the remaining 3%. TPL reached 4,981 military members, veterans and their families in 2018 across all program activities.

Family health and support programming addresses the needs of military and veteran families. Studies show that children in military families experience double the rate of mental health issues compared to children in civilian families. In F2018, TPL helped 1,828 military children attend summer camps that provide a needed break from stresses of everyday life.  TPL also funded 20 programs at 14 Military Family Resource Centers. These centers help military families with relocation and living in the absence of family members. TPL provided $108,000 in funding to the Strongest Families Institute that enabled 198 families to be referred to the program. It offers distance coaching to families with children who have anxiety, depression or other behavioral concerns.

Mental health and wellbeing programming acknowledges the impact that military service can have on those who serve and their families. TPL reports that of the 2,500 Canadian Armed Forces members who are discharged annually, over one third will experience psychological injury that requires treatment. In 2018, TPL funded 161 mental health programs. TPL also assumed management of the Captain Nichola Goddard Fund in 2018, which supports community programs that focus on servicewomen, veteran women, and their families. During the year, the Fund granted $213,600 to seven programs.

Transition programming helps military members and their families adjust to civilian life. TPL reports that one third of Canadian Armed Forces members struggle with transitioning. In response to an increasing demand for transition services in Quebec and unique challenges faced by veteran women, TPL provided $45,000 to support a French language version of the Veteran Transition Network (VTN) in the province for women. VTN is a group-based program led by psychologists that helps participants work through operational stress injuries and address barriers that hinder their transition. 23 veterans took part in the program in 2018.

True Patriot Love Foundation works with the Canadian Institute for Military and Veteran Health Research on research initiatives. In 2018, TPL funded seven research projects at Canadian universities through this partnership. In response to the recent and evolving COVID-19 pandemic, TPL has partnered with the Vanier Institute to fund the COVID-19 Impacts: Veteran families survey to learn about the impact the pandemic has had on these families.

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Results and Impact

As part of its work in supporting veterans’ transition into civilian life, True Patriot Love Foundation funds Prince’s Operation Entrepreneur (POE). This program provides entrepreneurial training, workshops, and a seven-day business boot camp to help veterans start their own business. Since 2009, 449 soldiers and veterans have graduated from POE’s 23 business boot camps. Over 292 businesses have been launched by graduates across Canada. In 2018, TPL provided $117,000 in funding to enable 79 veterans to participate in the program.

While Ci highlights these key results, they may not be a complete representation of True Patriot Love Foundation’s results and impact.

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Finances

True Patriot Love Foundation is a large charity that received $5.1m in donations and special events fundraising in F2018, down 37% from $8.0m in F2017, along with $229k in donated goods in kind. Administrative costs are 18% of total revenue and fundraising costs are 37% of donations and special events fundraising.  For every dollar donated to TPL, 45 cents go to the cause. This is not within Ci’s reasonable range for overhead spending.

TPL’s total administrative and fundraising costs include donated goods-in-kind. Excluding in-kind amounts, TPL’s administrative costs of $727k are 14% of total revenue, and fundraising costs of $1.8m are 36% of cash donations and special events fundraising. This means 50 cents of every donated dollar are available for programming after covering overhead costs.

TPL has $2.5m in funding reserves that can cover annual program and grants spending at the F2018 level for under 10 months.

In its most recent F2017 filing with the CRA, TPL reports using external fundraisers as part of its fundraising efforts. External fundraisers were paid $5k and raised $40k on behalf of TLP, producing an external fundraising cost ratio of 13%.

TPL’s F2017 filing with the CRA discloses $1.8m in grants to 36 Canadian charities. The five largest grants went to Multifaith Housing Initiative ($300k), The Prince's Charities Canada (Prince Charles $189k), Team Rubicon Canada ($143k), Mood Disorders Society ($133), Strongest Families Institute ($122k) and VETS - Veterans Emergency Transition Services ($120k).

This report is an update that has been sent to True Patriot Love Foundation for review. Comments and edits may be forthcoming.

Updated on August 12, 2020 by Katie Khodawandi.

Financial Review


Financial Ratios

Fiscal year ending December
201820172016
Administrative costs as % of revenues 17.8%9.2%9.1%
Fundraising costs as % of donations 36.9%22.2%31.8%
Total overhead spending 54.7%31.4%40.9%
Program cost coverage (%) 80.4%75.2%67.9%

Summary Financial Statements

All figures in $000s
201820172016
Donations 3,1905,7333,293
Goods in kind 229273155
Special events 1,9112,3043,633
Other income 32208
Total revenues 5,3638,3297,090
Program costs 8332,5101,512
Grants 2,2781,8401,643
Donated goods exp 109710
Administrative costs 955767645
Fundraising costs 1,9001,7902,200
Total spending 6,0756,9785,999
Cash flow from operations (713)1,3511,090
Capital spending 2514
Funding reserves 2,5023,2712,142

Note: Ci removed amortization of capital assets ($3k in F2018, $3k in F2017, $2k in F2016) from administrative costs. Ci’s fundraising ratio calculation includes donated goods used in fundraising (on both the expense and revenue side) as disclosed in the audited financial statements ($43k in F2018 and $20k in F2017).

Salary Information

Full-time staff: 13

Avg. Compensation: $104,741

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
1
$160k - $200k
1
$120k - $160k
2
$80k - $120k
1
$40k - $80k
5
< $40k
0

Information from most recent CRA Charities Directorate filings for F2017

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Comments & Contact

Comments added by the Charity:

The following comments were provided by the charity with respect to a previous profile. Updated comments may be forthcoming. 

The True Patriot Love Foundation supports transparency in financial reporting so that donors can make informed choices on where to direct their funds. We invite you to visit http://truepatriotlove.com/content/uploads/2017/08/2016-Annual-Report_FINAL-2-1.pdf and read our annual report to better understand the context of the data and the impact of our work.

Charity Contact

Website: www.truepatriotlove.com
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-628-1432

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