Children's Wish Foundation Of Canada
Pickering, ON L1V 1B5
CEO: Chris Kotsopoulos
Board Chair: Brenda Abrams
Charitable Reg. #: 12403 8878 RR0001
Social Results Reporting
Grade: B+The grade is based on the charity's public reporting of the work it does and the results it achieves.
Program Cost Coverage
Full-time staff #92
Avg. Compensation $70,095
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||1|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||3|
|$80k - $120k||6|
|$40k - $80k||0|
About Children's Wish Foundation Of Canada:
Founded in 1984, The Children's Wish Foundation's (CWF) mission is to "work with communities across the country to provide children with life threatening illnesses the opportunity to realize their most heartfelt wish." In fulfilling wishes, CWF aims to improve the quality of life for children and families. CWF has no waiting list and is ready to grant a child's wish as soon as medical approval is received. In an emergency, it can fulfill a wish in a matter of days. CWF reports that it has granted almost 25,000 wishes to date.
The Children's Wish Foundation reports that it grants three wishes every day. In F2015, CWF wish children came from 470 cities and towns across Canada. Also in F2015, 685 healthcare professionals in 97 hospitals and clinics referred wish children to CWF.
The Children's Wish Foundation has broadened the range of children to whom it will grant wishes. Eligibility is now expanded to include children with serious genetic and neurological diagnoses. CWF reports that, with the expanded eligibility, it expects a 20% increase in the number of eligible referrals over the next eighteen months.
The Children's Wish Foundation reports that a single wish can impact up to one hundred people. Those impacted include parents, grandparents, siblings, classmates, volunteers, business and community groups, nurses, doctors and social workers.
Children's Wish Foundation of Canada is a Major 100 charity, with donations and special events revenues of $18.2m in F2015. CWF's special events revenues comprise of its nation-wide fundraisers. Its administrative costs are 16% of revenues and its fundraising costs are 32% of donations. For every $1 donated to the charity, 52 cents is put towards its programs, falling below Ci's reasonable range. The charity's funding reserves of $39.1m include $646k in donor-endowed funds. This results in a program cost coverage ratio, excluding donor-endowed funds, of 278%. This means that the charity can cover 2.8 years of its annual programs using its existing reserves.
This charity report is an update that is being reviewed by Children's Wish Foundation of Canada. Changes and edits may be forthcoming.
Updated on July 26, 2016 by Lynn Tay.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||15.8%||14.0%||14.2%|
|Fundraising costs as % of donations||32.3%||30.2%||29.6%|
|Program cost coverage (%)||282.1%||270.9%||254.2%|
Summary Financial StatementsAll figures in $000s
|Goods in kind||1,873||1,527||1,451|
|Cash flow from operations||1,179||3,804||1,503|