Prostate Cancer Fight Foundation

424-300 Earl Grey Drive
Ottawa, ON K2T 1C1
President: Garry Janz
Board Chair: Lynn Norton

Charitable Reg. #:85133 3179 RR0001

STAR RATING

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

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FINANCIAL TRANSPARENCY

Audited financial statements available only upon request.

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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Programs

About Prostate Cancer Fight Foundation:

Founded in 2005, Prostate Cancer Fight Foundation (PCFF) raises money to fund prostate cancer research and increase public awareness of the disease. PCFF mainly raises funds through the TELUS Ride For Dad, which are large-scale, one-day vehicle-based fundraising events, as well as through ongoing public fundraising. Over 250,000 people have been involved in TELUS Ride For Dad events to date, which take place in over 40 cities in Canada. To date, PCFF reports granting more than $27m towards prostate cancer research and awareness.

Prostate Cancer Fight Foundation reports that there are approximately 1.2 million men with prostate cancer in Canada, yet 800,000 men don’t know they have it. The Foundation also states that prostate cancer is the most commonly diagnosed men’s cancer in Canada.

Prostate Cancer Fight Foundation’s two major activities are research funding and public awareness initiatives. In F2018, PCFF granted $917k in research grants. The most recent annual report provided by PCFF was for F2017 wherein PCFF granted $1.0m to 26 researchers. The five largest grants went to Cancer Care Manitoba ($118k), Prostate Cure Foundation ($100k), Ottawa Hospital Foundation ($75k), University of Alberta ($65k), and Grand River Hospital Foundation ($59k).

Prostate Cancer Fight Foundation runs public awareness initiatives to reduce the stigma surrounding prostate cancer screening and get more men proactive in visiting their doctors for check-ups. PCFF spent $571k on education and awareness programs in F2018 and reports that this past year, it initiated awareness programs in every Canadian province.

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Results and Impact

PCFF reports that over the last 3-5 years, scientists at the BC Cancer Agency’s Vancouver Island Centre have made two major findings by studying how the immune system responds to prostate cancer as a result of its funding. In the first study, approximately 30% of patients who received standard hormone and radiation therapy had a positive immune response against their prostate cancer. In a second study, utilizing a mouse model for prostate cancer, researchers discovered that this type of immune response to radiation and hormone therapy unexpectedly caused a detrimental outcome – that is, mice succumbed sooner to their prostate cancer.

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Finances

Prostate Cancer Fight Foundation is a medium-sized foundation with total donations and special events fundraising of $2.2m in F2018. Administrative costs are 9% of revenues (excluding investment income) and fundraising costs are 19% of donations and special events. For every dollar donated, 72 cents go to the cause, which is within Ci’s reasonable range for overhead spending.

PCFF has funding reserves of $2.6m which can cover annual program costs and grants for 1.7 years.

Prostate Cancer Fight Foundation reports using external fundraisers as part of its fundraising activities in its T3010 CRA filings. In F2018, PCFF reports $421k in external fundraising costs (which matches total fundraising costs reported for the year). External fundraisers raised $2.2m on behalf of the foundation, meaning that it costs 19 cents to raise one dollar.    

This charity report is an update that has been sent to Prostate Cancer Fight Foundation for review. Comments and edits may be forthcoming.  

Updated on August 13, 2019 by Parker Thomlinson.

Financial Review


Financial Ratios

Fiscal year ending July
201820172016
Administrative costs as % of revenues 8.7%12.9%12.7%
Fundraising costs as % of donations 19.4%21.4%21.3%
Total overhead spending 28.1%34.3%34.0%
Program cost coverage (%) 171.8%156.3%169.6%

Summary Financial Statements

All figures in $s
201820172016
Donations 1,481,7571,531,7721,742,811
Special events 766,786594,347638,969
Investment income 22,05520,07322,395
Total revenues 2,270,5982,146,1922,404,175
Program costs 571,325626,688676,699
Grants 917,3791,038,1991,226,460
Administrative costs 194,469273,889301,426
Fundraising costs 437,172455,359507,648
Total spending 2,120,3402,394,1402,712,230
Cash flow from operations 150,253(247,943)(308,058)
Funding reserves 2,557,3462,601,9113,227,881

Note: Fundraising costs were recorded as an expense and excluded from revenues (as a contra-revenue) to match the charity’s T3010 filing. This affected expenses and revenues by $437k in F2018, $455k in F2017, and $508k in F2016.

Salary Information

Full-time staff: 1

Avg. Compensation $46,840

Top 10 staff salary range

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
0
$80k - $120k
0
$40k - $80k
1
< $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.pcff.org
This email address is being protected from spambots. You need JavaScript enabled to view it.

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