CD Howe Institute
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
A-
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.
100%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 100 cents are available for programs.
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Programs
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.
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Finances
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 Review
Fiscal year ending December
|
2016 | 2015 | 2014 |
---|---|---|---|
Fundraising & admin costs as % of revenues | 0.0% | 16.0% | 15.1% |
Program cost coverage (%) | 78.8% | 87.9% | 102.4% |
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 |
Note: The charity does not disclose fundraising costs and administrative costs. Ci took F2015 and F2014 administrative and fundraising costs from the charity’s T3010 filings.
Salary Information
$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 |
Information from most recent CRA Charities Directorate filings for F2015
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Comments & Contact
Comments added by the Charity:
Charity Contact
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