True Patriot Love Foundation
Toronto, ON M5S 1N5
CEO: Bronwen Evans
Board Chair: Shaun Francis
Charitable Reg. #: 81464 6493 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 #10
Avg. Compensation $90,662
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||1|
|$160k - $200k||0|
|$120k - $160k||2|
|$80k - $120k||1|
|$40k - $80k||6|
About True Patriot Love Foundation :
Founded in 2009, True Patriot Love Foundation (TPL) bridges gaps in government funding to support Canadian military personnel and their families. Its mission is to inspire every Canadian to contribute to the resilience and well-being of Canadian military and Veteran families. Leveraging its expertise in fundraising, TPL has provided more than $18m to support military families and community-based programs across Canada since 2009. TPL Foundation’s programs include: family health and support; mental health and well-being; veterans transition (including physical health and rehabilitation); and research and innovation.
True Patriot Love granted $1.6m to 33 veteran and military charities in F2016. The five largest grants were: $225k to Prospect Human Services, $186k to Veterans Transition Network, $135k to Prince's Operation Entrepreneur, $117k to Outward Bound Canada, and $100k to Halifax Military Resource Centre to support the Strongest Families Institute. The average grant size was $48k. TPL’s grants were 53% of all program and grant disbursements in F2016.
True Patriot Love Foundation is a big-cap charity with $6.8m in donations and special events fundraising in 2016. Administrative costs were 7% of revenues and fundraising costs were 32% of donations. For every $1 donated, 61 cents went to the cause, falling outside of Charity Intelligence’s reasonable range for overhead spending. TPL Foundation has $2.1m in funding reserves which can cover just over 8 months of programs and grants, indicating a need for funding.
This charity report is an update that is currently being reviewed by True Patriot Love Foundation. Changes and edits may be forthcoming.
Updated on August 25, 2017 by Juliana Badovinac.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||7.3%||13.4%||10.1%|
|Fundraising costs as % of donations||31.5%||44.5%||33.7%|
|Program cost coverage (%)||69.1%||40.1%||62.8%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||1,088||(1,003)||622|