Toronto, ON M5J 2L2
Executive Director: Tanya Mruck
Board Chair: Aris Kaplanis
Charitable Reg. #: 89611 4048 RR0001
Grade: C+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 #0
Avg. Compensation $0
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||0|
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.
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 RatiosFiscal year ending June
|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 StatementsAll figures in $000s
|Goods in kind||390||223||264|
|Cash flow from operations||(71)||2,361||639|