H332-2075 Bayview Avenue
Toronto, ON M4N 3M5
President & CEO: Dr. Jon Dellandrea
Board Chair: Perry Dellelce

Charitable Reg. #:89920 9118 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

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✔+

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.

72%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 72 cents are available for programs.

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My anchor

Programs

About Sunnybrook Foundation:

Founded in 2000, Sunnybrook Health Sciences Centre Foundation works to secure financial contributions that enable Sunnybrook hospital to care for its patients and families, to fund Sunnybrook Research Institute, and to fund the hospitals’ education and teaching programs. Sunnybrook Foundation reports that 10,000 women a year are diagnosed with breast cancer in Ontario. In addition, it reports that 700 infants are stillborn each year in Ontario. In F2018, Sunnybrook Foundation granted $18m to Sunnybrook Hospital and $12m to Sunnybrook Research Institute.

Sunnybrook Foundation funds Sunnybrook Research Institute in order to improve treatments and equipment to provide better patient care. The charity reports that, in F2018, Sunnybrook Research Institute conducted $99m worth of research. In F2018, the institute employed 1,353 research staff, of which there were 323 scientists and clinician-scientists, as well as 5 Canada research chairs. Sunnybrook Research Institute hosts many specialized research labs, including the Integrated Cancer Research Biomatrix and the Imaging Research Centre for Cardiac Intervention. Sunnybrook Foundation grants money to the hospital to support equipment, patient care, as well as education and training for staff, physicians, and patients. The charity reports that it performs around 2,400 joint replacement surgeries annually, which is the highest volume of hip and knee joint arthroplasty at any facility in Canada. Sunnybrook Foundation reports that in F2018 the hospital provided over 10 patient education sessions with patient teachers. In addition, Sunnybrook Foundation provided funding for the creation of 19 patient education resources that embedded the patient voice into the design and development of these tools. Sunnybrook Hospital trained over 65 staff and physicians in health literacy to ensure they provide effective teaching to patients and families and served over 16,000 patients and families at its learning centres. 

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Results and Impact

In F2017, Sunnybrook Research Institute (SRI) reports that a team, which included scientist Dr. Ali Sadeghi-Naini and Dr. Greg Czarnota, director of the Odette Cancer Research Program at SRI, recruited 78 women, with suspicious lesions, from the Marion C. Soloway Breast Rapid Diagnostic Unit (RDU) at the Louise Temerty Breast Cancer Centre. They then used a tool to distinguish benign lesions from malignant tumors, crosschecking their results with biopsy results and MRI scans. They found that the quantitative ultrasound results were over 90 per cent accurate.

In addition, in F2017 a new MRI-guided brachytherapy suite, the only one of its kind in the world, was added to Sunnybrook Hospital. Radiation oncologist Dr. Eric Leong, who co-leads the Brachytherapy program stated, “it’s now a faster procedure, taking about two-and-a-half hours compared to eight to 10 hours.”

My anchor

Finances

Sunnybrook Foundation is a Major 100 charity with donations of $54.1m in F2019. Its administrative costs were 6% of revenues, and its fundraising costs were 21% of donations. For every dollar donated, 72 cents go to the cause, which is within Ci’s reasonable range for overhead spending.

In F2019, Sunnybrook Foundation has funding reserves of $250.7m, resulting in a program cost coverage ratio of 590%. This means that Sunnybrook Foundation can finance 5.9 years of its annual program costs using its existing reserves.

Sunnybrook Foundation uses external fundraisers as part of its fundraising activities. The charity reports $1.4m in fundraising costs for external fundraisers that raised $2.6m in F2019, meaning that it costs 54 cents for every dollar raised by external fundraisers. This charity report is an update that has been sent to Sunnybrook Foundation For review. Changes and edits may be forthcoming.

Updated on July 19, 2019 by Parker Thomlinson.

Financial Review


Financial Ratios

Fiscal year ending March
201920182017
Administrative costs as % of revenues 6.4%6.6%15.5%
Fundraising costs as % of donations 21.2%22.1%11.3%
Total overhead spending 27.6%28.7%26.8%
Program cost coverage (%) 589.5%874.3%592.7%

Summary Financial Statements

All figures in $000s
201920182017
Donations 54,11549,12346,328
Business activities (net) 2,6923,1153,294
Investment income 8,3956,07015,793
Total revenues 65,20258,30865,415
Grants 42,53427,74438,524
Administrative costs 3,6243,4527,678
Fundraising costs 11,45110,8525,255
Total spending 57,60942,04851,458
Cash flow from operations 7,59316,26013,957
Capital spending 1,144171221
Funding reserves 250,723242,552228,344

Note: An adjustment was made to grants reflecting the change in Due to Sunnybrook Health Sciences Centre year over year, affecting spending by $555k in F2019, ($3.6m) in F2018, and $2.8m in F2017. As a result of a different reporting breakdown in Sunnybrook Foundation's audited financial statements (regarding salaries and benefits), F2017 admin and fundraising ratios may not be comparable to F2018 and F2019. 

Salary Information

Full-time staff: 65

Avg. Compensation $115,384

Top 10 staff salary range

$350k +
2
$300k - $350k
0
$250k - $300k
0
$200k - $250k
2
$160k - $200k
0
$120k - $160k
6
$80k - $120k
0
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2018

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Comments & Contact

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Charity Contact

Website: www.sunnybrook.ca/foundation/
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