CD Howe Institute
Toronto, ON M5E 1J8
President & CEO: William Robson
Board Chair: Hugh MacKinnon
Website: www.cdhowe.org
Charitable Reg. #: 11884 1626 RR0001
Charity Rating
Donor Accountability
Grade: A-
The grade is based on the charity's public reporting of the work it does and the results it achieves.Financial Transparency
Need for Funding
endowed
Spending Breakdown
Cents to The Cause
| ♦ | ♦ | ♦ | |
| 95¢ | |||
| 75¢ | |||
| avg | |||
| 65¢ | |||
| 50¢ | |||
| 2014 | 2015 | 2016 |
Full-time staff #32
Avg. Compensation $102,374
Top 10 Staff Salary Range
| $350k + | 2 |
| $300k - $350k | 0 |
| $250k - $300k | 0 |
| $200k - $250k | 0 |
| $160k - $200k | 1 |
| $120k - $160k | 5 |
| $80k - $120k | 2 |
| $40k - $80k | 0 |
| < $40k | 0 |
About CD Howe Institute:
Founded in 1958, CD Howe Institute (CDHI) is an independent research institute and public policy think tank. CDHI addresses 4 key policy challenges: stronger economic growth, financial stability, better opportunities for individuals and more effective economic and social policy institutions. CDHI has more than 300 trusted experts, academics and researchers, who produce over 50 high-quality research reports every year.
In F2016, CD Howe Institute spent $5.2m on its research, publications, and administration. CDHI organized 82 policy events across Montreal, Ottawa, Toronto and Calgary, and produced 66 research and council reports. The reports covered a variety of topics including Fiscal and Tax Policy, Monetary Policy, International Economic Policy, Economic Growth and Innovation, and Social Policy. Experts of the institute appeared in 141 interviews and gave 46 policy outreach presentations in F2016.
CD Howe Institute’s research was cited 8,569 times in the media in F2016, a 4% increase over F2015. Its website received 584,037 views, a 41% rise from F2015.
Financial Review:
CD Howe Institute is a big-cap charity with donations and special events revenues of $5.4m in F2016. The charity did not separate administrative and fundraising costs from its program costs. As a result, Charity Intelligence included all costs into program costs. This means that CD Howe's reported overhead costs fall outside of Ci's reasonable range due to non-disclosure. CD Howe Institute has $9.6m in total funding reserves, of which $5.8m is donor-endowed, resulting in a program cost coverage ratio, excluding donor-endowed funds, of 79%. This means that the charity can cover just over 9 months of its annual program costs using its existing reserves.
This charity report is an update that is being reviewed by the charity. Changes and edits may be forthcoming.
Updated on June 23, 2017 by Kevin Silberberg.
Financial RatiosFiscal year ending December |
2016 | 2015 | 2014 |
|---|---|---|---|
| Fundraising & admin costs as % of revenues | 0.0% | 16.0% | 15.1% |
| Program cost coverage (%) | 186.5% | 215.8% | 243.8% |
Summary Financial StatementsAll figures in $000s |
2016 | 2015 | 2014 |
|---|---|---|---|
| Donations | 4,414 | 3,835 | 3,632 |
| Fees for service | 18 | 60 | 18 |
| Special events | 1,076 | 992 | 743 |
| Investment income | 22 | 24 | 41 |
| Total revenues | 5,530 | 4,911 | 4,434 |
| Program costs | 5,153 | 3,948 | 3,506 |
| Fundraising & administrative costs | 0 | 781 | 665 |
| Cash flow from operations | 377 | 182 | 263 |
| Funding reserves | 9,608 | 8,518 | 8,547 |
For more information on Canadian charities, please visit www.charityintelligence.ca
The information in this report was prepared by Charity Intelligence Canada and its independent analysts from publically-available information. Charity Intelligence Canada and its analysts have made endeavours to ensure that the data in this report is accurate and complete but accept no liability. No attempt has been made to examine the effectiveness of the charities' programs.
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