Great Commission Foundation
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
D
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.
90%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 90 cents are available for programs.
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OVERVIEW
About Great Commission Foundation:
Great Commission Foundation is a 1-star charity with a low results reporting grade. It publicly reports very little information on its $20m of programs and grants. Before you give, read Charity Intelligence's report.
Founded in 2002, Great Commission Foundation (GCF) provides accounting and administrative help to Christian missionaries and charities. GCF allows clients to focus on their ministry rather than administration. Its main services are processing donations and issuing tax receipts, bookkeeping and accounting, payroll and benefits, and CRA compliance.
Canadians donate to partner missionaries and charities through GCF. At the time of writing this report, 457 partner organizations and individual projects were listed on the foundation’s website.
Great Commission Foundation has common board members with G2G Foundation which holds assets for use by other charities working to spread Christianity. GCF granted to G2G: $30k in F2021, $39k in F2020, and $57k in F2019. Money also flowed from G2G to GCF: $305k in F2021, $53k in F2020, and $569k in F2019.
GCF shares board members with Friends of the Great Commission, a charity registered in the US. Through this charity, GCF works with donors in the US and offers IRS compliance services.
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Results and Impact
Charity Intelligence did not find any reported outcomes on the charity’s website. This may not be a complete representation of Great Commission Foundation’s results.
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Finances
Great Commission Foundation received $34.9m in donations in F2021. The charity also received $826k in government funding. Administrative costs are 9% of revenues (less investment income) and fundraising costs are 1% of donations. GCF spends 10% on overhead. This means for every dollar donated, 90 cents go towards the charity’s programs. This is within Ci’s reasonable range for overhead spending.
GCF has $19.5m in funding reserves which could cover 6 months of program costs.
This charity profile update has been sent to Great Commission Foundation for review. Changes and edits may be forthcoming.
Updated on August 24, 2022 by Emma Saganowich.
Financial Review
Fiscal year ending December
|
2021 | 2020 | 2019 |
|---|---|---|---|
| Administrative costs as % of revenues | 9.2% | 12.4% | 8.5% |
| Fundraising costs as % of donations | 1.1% | 1.2% | 0.8% |
| Total overhead spending | 10.4% | 13.5% | 9.4% |
| Program cost coverage (%) | 49.8% | 56.1% | 54.6% |
Summary Financial StatementsAll figures in $000s |
2021 | 2020 | 2019 |
|---|---|---|---|
| Donations | 34,879 | 28,479 | 39,077 |
| Government funding | 826 | 1,345 | 3 |
| Business activities (net) | 37 | 42 | 54 |
| Investment income | (10) | 109 | 133 |
| Other income | 511 | 424 | 511 |
| Total revenues | 36,243 | 30,398 | 39,779 |
| Program costs | 25,659 | 24,278 | 26,004 |
| Grants | 13,486 | 540 | 497 |
| Administrative costs | 3,343 | 3,747 | 3,383 |
| Fundraising costs | 396 | 329 | 328 |
| Total spending | 42,885 | 28,894 | 30,211 |
| Cash flow from operations | (6,641) | 1,504 | 9,568 |
| Capital spending | 1,013 | 1,835 | 4,662 |
| Funding reserves | 19,493 | 13,913 | 14,465 |
Note: Ci has used administrative and fundraising costs as reported by the foundation on its T3010 filing with the CRA. Ci has included gifts to qualified donees and transfers to a related party (G2G Foundation) affecting expenses by $13.5m in F2021, $540k in F2020, and $497k in F2019.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
6 |
$40k - $80k |
4 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2021
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Comments & Contact
Comments added by the Charity:
We work to fulfill the Great Commission by relieving our agents from the backend administrative work necessary to operate with integrity and transparency so they can focus on the practical ministry work desperately needed on the mission field at home and abroad. We have hundreds of projects working internationally to provide relief from poverty, advancement in education, and advancement of the Christian faith. We look forward to sharing more data about the amazing work that is being done in the field
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 604-960-2595