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Centre for International Governance Innovation

67 Erb Street West,
Waterloo, ON N2L 6C2
President: Rohinton Medhora
Board Chair: Jim Balsillie

Charitable Reg. #: 89096 3416 RR0001
Sector: Research & Public Policy
Operating Charity

Results Reporting

Grade: A-

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [Audited financial statement for most recent year]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

2014 2015 2016
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #41

Avg. Compensation $126,615

Top 10 Staff Salary Range

$350k + 1
$300k - $350k 0
$250k - $300k 1
$200k - $250k 1
$160k - $200k 2
$120k - $160k 0
$80k - $120k 5
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2014

About Centre for International Governance Innovation:

The Centre for International Governance Innovation (CIGI) was founded in 2001 by Jim Balsillie, former co-CEO of RIM (Research In Motion), with support from a number of strategic partners, including the Government of Canada and the Government of Ontario. CIGI is an independent, nonpartisan think tank based in Waterloo, Ontario that conducts research, holds conferences, publishes working papers and books, and makes policy recommendations on international governance issues.

CIGI conducts research in three program areas: Global Economy, Global Security and Politics, and International Law. The International Law Research Program was launched in November 2013. CIGI forms networks, advances policy debate and generates ideas for multilateral governance improvements through an active agenda of research, events and publications. CIGI's work in this area helped lay the groundwork for the G20 Leaders' group. CIGI has collaborated with various organizations throughout the world to conduct research and organize conferences.

In F2016, The Centre for International Governance Innovation produced 133 official publications, 47 new videos, and 13 podcasts. Its website received over 600,000 visits, its videos were viewed over 210,000 times, and its publications received over 27,000 downloads, a 20% increase in traffic over F2015.

Financial Review:

The Centre for International Governance and Innovation did not receive any donations in F2016; however, it received a $30m donation in F2014 from a private donor. In F2016, the charity was primarily funded by the government and investment income. Its administrative costs were 60% of revenues (excluding investment income). However, administrative costs in F2016 were also only 14% of total expenses. The charity has funding reserves of $138.7m, of which $56.1m is donor-endowed. This results in a program cost coverage ratio, excluding donor-endowed funds, of 646%, meaning that the charity can cover about 6.5 years of its annual program costs using its existing reserves.

This charity report is an update that is being reviewed by CIGI. Changes and edits may be forthcoming.

Updated June 28, 2017 by Kevin Silberberg.

Financial Ratios

Fiscal year ending July
Fundraising & admin costs as % of revenues 59.7%97.9%9.4%
Program cost coverage (%) 889.4%1,174.1%1,604.6%

Summary Financial Statements

All figures in $000s
Donations 01030,000
Government funding 3,7721,804405
Investment income 3,2618,67712,965
Other income 1,262753872
Total revenues 8,29511,24444,241
Program costs 15,59212,8829,712
Fundraising & administrative costs 3,0042,5142,947
Cash flow from operations (10,301)(4,152)31,583
Funding reserves 138,671151,245155,838