Childhood Cancer Canada Foundation
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years 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.
32%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 32 cents are available for programs.
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OVERVIEW
About Childhood Cancer Canada Foundation:
Founded in 1987, Childhood Cancer Canada Foundation (CCCF) has a long-term goal of conquering childhood cancer. The charity’s mission is “To create victories for Canadian children with cancer through investment in national, collaborative, lifesaving research, empowering education and community programs.” The charity reports that every year, 1,000 Canadian children are diagnosed with cancer. While 80% of these children survive, they often struggle with learning difficulties, pain, and the constant possibility of a relapse.
On July 31, 2020, Coast to Coast against Cancer Foundation became part of Childhood Cancer Canada Foundation.
Childhood Cancer Canada Foundation runs research, education, and community programs. Its programs include care packages for families with a new diagnosis, scholarships, and grants to help families pay for their child’s funeral.
The scholarships are for childhood cancer survivors and are worth $5,000 for survivors studying medical health and pharmaceutical fields, or $1,500 for any other field of study. In F2020, CCCF gave out 10 $5000 scholarships and 87 $1500 scholarships. It gave out care packages to 163 families, and helped 44 families pay for their child’s funeral services.
CCCF started a program in F2020 to give cash support to cancer patients during the covid-19 pandemic. This grant is $250 per patient and CCCF gave it to 97 families.
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Results and Impact
Charity Intelligence was unable to find any quantified outcomes on the charity's website.
Childhood Cancer Canada Foundation’s impact has not been rated (n/r).
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Finances
The F2020 financial information refers to a ten-month stub year from October 1, 2019 to July 30, 2020. On July 31, 2020, Coast to Coast against Cancer Foundation and Childhood Cancer Canada Foundation merged under the name Childhood Cancer Canada Foundation.
Childhood Cancer Canada is a small charity receiving $932k in donations and special events revenue in F2020. Administrative costs are 32% of total revenues and fundraising costs are 36% of donations. This results in total overhead spending of 68%. For every dollar donated, 32 cents go to the cause, falling outside Ci's reasonable range for overhead spending. This charity has fallen outside Ci’s reasonable range for overhead spending since Ci first analyzed it in F2013.
In F2020, Childhood Cancer Canada had funding reserves of $786k, which could cover program spending at the significantly reduced F2020 rate for 2.9 years or, using the average program costs for the past three years, it could cover 1.2 years.
This charity report is an update that has been sent to Childhood Cancer Canada for review. Changes and edits may be forthcoming.
Updated July 14, 2021 by Asha McMullin
Financial Review
Fiscal year ending June
|
2020 | 2019 | 2018 |
|---|---|---|---|
| Administrative costs as % of revenues | 32.0% | 15.4% | 11.9% |
| Fundraising costs as % of donations | 35.9% | 41.6% | 33.6% |
| Total overhead spending | 68.0% | 56.9% | 45.5% |
| Program cost coverage (%) | 290.6% | 45.9% | 50.1% |
Summary Financial StatementsAll figures in $s |
2020 | 2019 | 2018 |
|---|---|---|---|
| Donations | 611,152 | 707,259 | 1,227,127 |
| Government funding | 28,016 | 0 | 0 |
| Lotteries (net) | 93,887 | 96,889 | 69,944 |
| Special events | 321,139 | 659,562 | 720,451 |
| Total revenues | 1,054,194 | 1,463,710 | 2,017,522 |
| Program costs | 225,433 | 750,716 | 968,182 |
| Administrative costs | 337,694 | 224,894 | 238,996 |
| Fundraising costs | 335,075 | 568,120 | 654,874 |
| Total spending | 898,202 | 1,543,730 | 1,862,052 |
| Cash flow from operations | 155,992 | (80,020) | 155,470 |
| Capital spending | 0 | 7,210 | 0 |
| Funding reserves | 786,124 | 344,797 | 484,832 |
Note: Amortization of capital assets was backed out of administrative costs. Lottery revenues were reported net of expenses, reducing revenues and expenses by $81k in F2020, $119k in F2019, and $106k in F2018.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
1 |
$120k - $160k |
0 |
$80k - $120k |
1 |
$40k - $80k |
5 |
< $40k |
3 |
Information from most recent CRA Charities Directorate filings for F2019
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Comments & Contact
Comments added by the Charity:
Childhood Cancer Canada committed to improve efficiencies and reduce costs leading into fiscal year 2020. Despite these efforts, the Foundation’s fundraising capabilities were impacted by the merger, the pandemic, and the ability to host in-person fundraising events. To address the situation, the Foundation continued to scrutinize costs and made many changes to help maximize support for families in Canada dealing with childhood cancer. This included a reduction in staff; donated office space; and donated warehouse space. Childhood Cancer Canada believes these changes will mean support for more families in 2021 and beyond.
Charity Contact
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