Montreal Canadiens Children's Foundation

1275 Saint-Antoine Ouest
Montreal, QC H3C 5L2
General Director: Genevieve Paquette
President: Pierre Boivin

Charitable Reg. #:86233 4125 RR0001

STAR RATING

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

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✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

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.

63%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 63 cents are available for programs.



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Programs

About Montreal Canadiens Children's Foundation:

Established in 2000, Montreal Canadiens Children’s Foundation’s mission is to encourage physical activity and healthy lifestyles among underprivileged youth aged 4-17 in Quebec. According to the foundation, children from low-income families are three times more likely to have never participated in organized sports. Montreal Canadiens Children’s Foundation provides opportunities for youth to engage with the sport of hockey through a number of projects and events, including community ice rinks, hockey camps, and free tickets to Montreal Canadiens games. Further, the foundation provides grants to community organizations that support underprivileged kids.

Montreal Canadiens Children’s Foundation runs charity events and fundraising activities such as 50/50 draws and golf tournaments to cover program and in-game activity costs. In F2019, 53% of program spending went to community grants and 30% went to Bleu Blanc Bouge. The remaining 18% of spending went to charitable activities. Ci is assuming that charitable activities include Jo and his Champions Suite, Game on Kids!, and Champions for Life.

Since 2008, Bleu Blanc Bouge has been Montreal Canadiens Children’s Foundation’s flagship program, involving the construction of hockey rinks. In F2019, 24,662 children used rinks built by the foundation. The foundation has built 10 rinks to date and plans on opening two additional hockey rinks in F2020. Each rink costs roughly $1.4m to build. The Bleu Blanc Bouge program also includes 6-week clinics that focus on teaching first and second grade children how to skate and play hockey. 397 kids learned how to skate in F2019.

Jo and his Champions Suite is a program that hosts children at each Canadiens home game at the Bell Centre. In F2019, the foundation hosted 616 underprivileged children. Game on Kids! is a program that allows any ticket holder to donate their tickets to youth who would otherwise not have a chance to watch a game at the Bell Centre. Through this program, the foundation distributed 488 tickets to youth in F2019.

Champions for Life is a 10-week program provided in schools that teach students aged five to eight basic physical abilities such as running, jumping, climbing, and throwing. The foundation reports that developing locomotor, object manipulation, and stability skills is critical in acquiring physical literacy. Montreal Canadiens Children’s Foundation runs this program in 84 schools across Quebec.

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Results and Impact

Ci was unable to find any quantified outcome data for Montreal Canadiens Children’s Foundation.

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Finances

Montreal Canadiens Children’s Foundation is a Medium-sized charity, receiving $3.4m in donations and special event revenue in F2019. Net lottery revenue was $1.2m in F2019, $947k in F2018, and $1.2m in F2017.

Administrative costs are 17% of revenues and fundraising costs are 20% of donations. For every dollar donated, 63 cents go the cause. This is not within Ci’s reasonable range for overhead spending. Funding reserves of $6.6m can cover 2.7 years of annual program costs.

This charity report is an update that has been sent to Montreal Canadiens Children’s Foundation for review. Changes and edits may be forthcoming.

Updated on July 8, 2020 by Tenzin Shomar.

Financial Review


Financial Ratios

Fiscal year ending June
201920182017
Administrative costs as % of revenues 16.9%13.9%14.4%
Fundraising costs as % of donations 20.3%16.6%23.4%
Total overhead spending 37.3%30.5%37.8%
Program cost coverage (%) 271.7%134.8%266.7%

Summary Financial Statements

All figures in $s
201920182017
Donations 997,3331,180,870897,086
Lotteries (net) 1,183,824946,8741,179,994
Special events 2,391,4313,079,5142,837,464
Investment income 155,981338,737502,138
Total revenues 4,728,5695,545,9955,416,682
Program costs 427,711411,669229,313
Grants 2,006,2444,034,7042,210,482
Administrative costs 774,721725,547706,162
Fundraising costs 688,393707,343873,573
Total spending 3,897,0695,879,2634,019,530
Cash flow from operations 831,500(333,268)1,397,152
Capital spending 000
Funding reserves 6,614,2195,995,8326,507,022

Note: Charity Intelligence has analyzed the charity’s French audited financial statements to the best of our abilities but recognizes that detailed financial information is beyond our linguistic expertise. Material omissions may be reflected in Charity Intelligence’s analysis. Ci deducted lottery expenses from lottery income, lowering total revenue and total costs by $1.8m in F2019, $1.6m in F2018, and $2.3m in F2017. Montreal Canadiens Children’s Foundation did not report any full-time or part-time staff on its T3010 filing with the CRA. The Foundation also did not report incurring any expenses related to staff compensation.

Salary Information

Full-time staff: 0

Avg. Compensation: $0

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
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2019

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Comments & Contact

Comments added by the Charity:

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Charity Contact

Website: www.fondation.canadiens.com
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 514-925-2133

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