Healthy Minds Canada
Toronto, ON M4S 3E2
Executive Director: Katie Robinette
Board Chair: Michael C. Howlett
Charitable Reg. #: 11883 5420 RR0001
Grade: B+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 #1
Avg. Compensation $85,001
Top 10 Staff Salary Range
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|$160k - $200k||0|
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|$80k - $120k||1|
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About Healthy Minds Canada:
Founded in 1980, Healthy Minds Canada (HMC) works to empower Canadians to take charge of their mental health by helping them identify issues early and access the resources needed to achieve healthy outcomes faster. The Foundation states that one in five Canadians will be affected by mental illness in their lifetime and three in four young people with mental health issues do not get the help they need. To address the mental health issue, HMC raises money to fund research and education programs about mental illness and addictions. The foundation also raises public awareness regarding mental health. Its education programs and events include Taking Charge, Lunch & Learn, ACT! (Action, Commitment, Talking), Bend & Unwind, Bright Futures, FeelingBetterNow, and Movies for Mental Health. It also offers a handbook series called When Something’s Wrong that educates parents, teachers and employers on how to identify and handle mental health and addiction issues among their kids, students and workers, respectively – over 22,000 copies sold in 2016. Overall, HMC reports reaching over 1,400 people though its events in 2016.
Healthy Mind Canada’s ACT! program educates kids on mental health through workshops, games, activities and speakers. HMC held one full day ACT! Conference and launched one eight week/eight session ACT! program in 2016. HMC also hosts a series of free Lunch & Learn events to educate people about various aspects of mental health. A total of 41 speakers, consisting of mental health professionals and people who recovered from mental health issues, spoke to over 250 attendees through 6 Lunch & Learns in 2016. After surveying attendees, HMC reports that 100% of respondents said they would take action regarding their mental health. Taking Charge is a one-day conference focusing on a specific mental illness that the Foundation started in 2015. Based on a survey HMC conducted on participants six months after the conference, 61% of attendees learned something at the event that they applied to their own lives and 33% reached out to a presenter after the event was over. Bend & Unwind is an after-school and in-school yoga program for teens in the GTA, led by registered yoga instructors who specialize in children’s yoga. HMC held over 30 classes in 2016, reaching over 500 youth. Bright Futures is a one-day conference on mental health and addictions recovery that over 110 people attended in 2016. Movies for Mental Health held 15 workshops in 2016 that 700 students attended, which the charity states are proven to reduce the stigma surrounding mental disorders.
Since establishment, HMC reports funding 400 research projects at 42 universities and teaching hospitals. In partnership with companies such as Pfizer Canada, Healthy Minds Canada awards annual grants to mental health researchers in Canada. Recently, grants have gone to research projects investigating workplace depression. HMC has not yet reported its 2016 grant recipient, but Dr. Schmitz received the $50,000 grant in 2015. His research focuses on depression and anxiety as risk factors for type 2 diabetes, specifically identifying psychological issues strongly associated with diabetes development. Dr. Bowie, the 2013 grant recipient, recently published early results of his research on workplace depression in Psychiatric Rehabilitation Journal. He and his research team developed a treatment for improving everyday living skills and helping people return to work called Action-Based Cognitive Remediation, which proved to be more effective than traditional treatment methods. Since 1998, most of HMC’s research grants have gone to researchers in Ontario, and the two topics that receive the most funding are schizophrenia & psychosis and mood disorders.
Healthy Minds Canada is a small-cap charity with total donations and special events revenue of $514k in F2017. Administrative costs are 9% of revenues and fundraising costs are 51% of donations and special events. Per dollar donated to the charity, $0.40 goes towards its programs, which falls outside Ci’s reasonable range for overhead spending.
The charity holds funding reserves of $625k, of which $312k are donor-endowed. Excluding endowed funds, HMC's reserves can cover 88% of annual program costs.
HMC reports 3 full-time employees for F2016 in contrast with what is presented in the charity's F2016 T3010 CRA filing. When the F2017 T3010 CRA filing is made, the charity will change its compensation schedule to reflect this information.
Updated on June 29, 2017 by Katie Khodawandi.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||9.1%||17.0%||13.2%|
|Fundraising costs as % of donations||50.8%||65.4%||83.2%|
|Program cost coverage (%)||168.8%||273.4%||380.2%|
Summary Financial StatementsAll figures in $s
|Fees for service||10,527||18,295||15,060|
|Cash flow from operations||(151,594)||(175,728)||(176,484)|