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MLSE Foundation

50 Bay Street, Suite 500
Toronto, ON M5J 2L2
Executive Director: Tanya Mruck
Board Chair: Aris Kaplanis

Website: www.mlsefoundation.org
Charitable Reg. #: 89611 4048 RR0001
Sector: Fundraising Charity - Pro Sports Team
Private Foundation

Donor Accountability

Grade: C+

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2015 2016 2017
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #0

Avg. Compensation $0

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2017

About MLSE Foundation:

Established in December 2009, Maple Leaf Sports and Entertainment (MLSE) Foundation supports the refurbishment of local athletic facilities and funds charities that support sports and recreational programs for children and youth. Since its establishment, MLSE Foundation has spent over $30 million on programs and grants. In F2017, the foundation spent $8.9m on program costs and grants.

Since founding, MLSE Foundation has refurbished 49 athletic facilities in the Greater Toronto Area (GTA). MLSE has supported numerous GTA youth sports programs including a free, eight-week program in 15 communities teaching over 300 kids soccer skills and a life and sports skills development program for over 3000 Aboriginal children and youth.

MLSE runs 50/50 draws at home games at all four MLSE teams – the Toronto Maple Leafs, Toronto Raptors, Toronto FC and Toronto Marlies. Proceeds went toward Best Buddies’ Hooping It Up events, Mjko Boxing, Reach for the Rainbow, Special Olympics Ontario, and Toronto Youth Development. Each year, Best Buddies organizes around 40 ‘Hooping It Up’ basketball events in Toronto and the GTA, involving around 1300 students. Through The KidSport Grant Program, MLSE Foundation helped over 1,500 underprivileged children and youth play a sport of their choosing for a season.

Results and Impact: Reach for the Rainbow holds transformative camps for children and youth with disabilities, helping to improve their independence and providing a feeling of belonging. MLSE Foundation reports that of the 125 families responding to its survey, 75% cite the program as their main respite source. The charity also reported that 99% of camp participants completed the full camp program in 2013.

Financial Review:

MLSE Foundation is a Large charity with $8.5m in cash donations and special events revenue in F2017. In F2017, the charity spent 1% of revenues on administrative costs and 20% of donations on fundraising costs. For every dollar donated, 79 cents go to the cause, which falls within Ci's reasonable range for overhead spending. The charity has funding reserves of $1.0m, which can cover program costs for over one month. This coverage shows a need for funding.

MLSE Foundation used external fundraisers in F2017. The charity paid $232k to raise $5.3m from external fundraisers for a cost of 4 cents per dollar raised.

This charity report is an update that has been sent to MLSE Foundation for review. Changes and edits may be forthcoming.

Updated on June 18, 2018 by Joeyanne Cheung.

Financial Ratios

Fiscal year ending June
201720162015
Administrative costs as % of revenues 1.2%1.8%1.1%
Fundraising costs as % of donations 19.8%31.7%29.1%
Program cost coverage (%) 11.3%212.8%58.4%

Summary Financial Statements

All figures in $000s
201720162015
Donations 5,7072,1351,908
Goods in kind 390223264
Lotteries (net) 1,8138251,113
Special events 2,7382,2212,702
Investment income 01212
Total revenues 10,6495,4155,999
Program costs 4,221158266
Grants 4,7051,4193,683
Administrative costs 1239867
Fundraising costs 1,6711,3801,344
Cash flow from operations (71)2,361639
Funding reserves 1,0093,3552,305
Note: Ci deducted lottery expense from lottery income, lowering total revenue and total costs by by $2.9m in F2017, $498k in F2016, and $434k in F2015. The charity reports no full-time employees and 31, 18, and 12 part-time employees respectively in F2017, F2016, and F2015. Average part-time salary is $5k, $6k, and $7k and F2017, F2016, and F2015, respectively.  Ci included deferred contributions in donations, increasing revenue by ($75k) in F2017, $695k in F2016, and ($57k) in F2015. F2017 donations of $5.7m are significantly larger than previous years. Youth Centre for Sports Development entered an agency agreement with MLSE Foundation in 2015, but in F2017 this agreement ended. MLSE Foundation spent $4.4m on leasehold improvements for Youth Centre for Sports Development during F2017, funded partly by $3.7m in funds from Youth Centre for Sports Development over 2016-17. MLSE Foundation included the $3.7m in donations in F2017.

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