Childhood Cancer Canada Foundation

About Childhood Cancer Canada Foundation:

Founded in 1987, the Childhood Cancer Canada Foundation (CCC) has a long-term goal of conquering childhood cancer. The Childhood Cancer Canada Foundation is the lead funding partner of the Council of Pediatric Hematologists/Oncologists, commonly known as the C17. The council is made up of Canada’s 17 children’s hospital leaders who coordinate multi-center child cancer research. Conducting child cancer research within a single hospital is difficult because research hospitals tend to have a small number of child patients for  any given type of cancer. The C17 overcomes this problem by coordinating research among 17 hospitals. CCC currently funds 14 research studies for the C17. To this date, Health Canada has approved 170 clinical trials for the C17. As a result of improved child cancer research over the past ten years, childhood cancer mortality rates have dropped 25%.

CCC also runs multiple community and education programs for families of children with cancer. The charity’s Survivor Scholarship program provides childhood cancer survivors with money for post-secondary education. 2014 was the program’s largest year for total award money provided (over $250,000 awarded to 151 students). In 2015, CCC handed out 110 scholarships. The charity’s community programs support families of sick children by helping them through emotional and financial hardships.

Financial Review:

The Childhood Cancer  Canada Foundation  is a medium-sized charity with annual donations totalling just over $1m in F2015. Administrative costs are 13% of total revenue and fundraising costs are 33% of donations. For every dollar donated to the foundation $0.46 goes to overhead expenses. This  falls outside  Ci's reasonable range.

Funding reserves total approximately $660k and are composed only of cash and cash equivalents. The foundation does not report any interest-bearing investments or donor-endowed funds. Funding reserves cover only 67% of program costs, which emphasizes a need for donations. Program costs are not broken down by research, community and education programs, making it impossible to determine CCC’s major program(s) of focus.

This charity report is an update that is being reviewed by the Childhood Cancer Canada Foundation. Changes and edits may be forthcoming.

Updated on May 18, 2016 by Katie Khodawandi.