International Conservation Fund of Canada

44 Queen Street #3
Chester, NS B0J 1J0
Executive Director: Molly Bartlett
Board Chair: Claude Gascon

Charitable Reg. #:85247 8189 RR0001

STAR RATING

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

[Charity Rating: 5/5]

✔+

FINANCIAL TRANSPARENCY

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

A

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.

95%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 95 cents are available for programs.



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OVERVIEW

About International Conservation Fund of Canada:

International Conservation Fund of Canada is a 5-star charity with an above-average results reporting score. Its overhead costs are within Ci’s reasonable range, and it has reserve funds to cover program costs for a year and one month.

Founded in 2007, International Conservation Fund of Canada (ICFC) strives for the long-term preservation of nature and biodiversity across the world. ICFC focuses on projects in tropical regions, where it reports that nature is most at risk and conservation is least funded. International Conservation Fund of Canada works with local partners and Indigenous groups to protect vital land and species across Latin America, Asia, and Africa. In F2022, the charity spent $8.2m on conservation projects (up 34% from $6.1m in F2021). ICFC's headquarters are in Chester, Nova Scotia. 

A Charity Intelligence 2023 Top 100 Rated Charity 

International Conservation Fund of Canada has projects in Latin America including Brazil, Peru, and Costa Rica. In F2022, ICFC launched a Field Training Fellowship in Peru. The first two cohorts of Fellows (ten women and six men) have been trained in the skills to foster biodiversity conservation. In F2022, the charity’s MAAP project documented 983 major fires in the Amazon and deforestation of 4,800 hectares. In Costa Rica, ICFC’s partner, Osa Conservation, planted 40,000 mangrove trees in the Térraba Sierpe wetlands and 81,062 native and threatened tree species over the Osa peninsula in F2022.

ICFC’s work in Africa includes projects in Kenya, Mali, and Madagascar. In F2022, scouts carried out 1,642 patrols in Kenya recording 40 elephant sightings. Four community sensitization meetings were held to protect elephant habitats. In Mali, 432 people were trained in human-elephant conflict avoidance and 3,917 km of firebreaks were created.

In Asia and Oceania, ICFC had 5 projects, including in the Philippines, Indonesia, and Nepal. In F2022, five tree nurseries were established in the Indonesian portion of New Guinea. In Cambodia, 270 conservation and anti-trawling structures have been deployed.

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Results and Impact

International Conservation Fund of Canada reports on the area of land protected individually by project. In F2022, ICFC states that 24 hectares of degraded red panda habitat was restored in Nepal. In Cambodia, 1,202 hectares of seagrass regrowth was found. Additionally, two species returned to Kep and Kampot waters: the Indo-Pacific humpback dolphin and the dugong. In Peru, Los Amigos Conservation Concession protects more than 146,000 hectares.

While Charity Intelligence highlights these key results, they may not be a complete representation of International Conservation Fund of Canada’s results and impact.

This charity is not yet rated on impact (n/r).

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Finances

International Conservation Fund of Canada received $10.4m in donations in F2022. Administrative costs are 4% of revenues (less investment income) and fundraising costs are 1% of donations. This results in total overhead spending of 5%. For every dollar donated to the charity, 95 cents go to the cause. This is just within Ci’s reasonable range for overhead spending.  

ICFC has reserve funds of $9.0m which can cover annual program costs for a year and one month.

In addition to its salaries of $404k in F2021, ICFC paid $1.1m (or 2.7 times its total salaries) in professional and consulting fees ($387k in F2020).

Charity Intelligence has sent this update to International Conservation Fund of Canada for review. Changes and edits may be forthcoming.

Updated on June 14, 2023 by Kiara Andrade.

Financial Review


Financial Ratios

Fiscal year ending December
202220212020
Administrative costs as % of revenues 4.3%3.2%5.2%
Fundraising costs as % of donations 1.1%1.2%2.2%
Total overhead spending 5.4%4.3%7.4%
Program cost coverage (%) 108.9%155.9%117.4%

Summary Financial Statements

All figures in $000s
202220212020
Donations 10,4099,9096,319
Investment income (1,417)128420
Other income 359(18)(156)
Total revenues 9,35110,0206,583
Program costs - International 8,2376,1345,389
Administrative costs 458313319
Fundraising costs 115115141
Total spending 8,8106,5625,849
Cash flow from operations 5413,458734
Capital spending 321
Funding reserves 8,9709,5656,325

Note: To report on a cash basis, Ci adjusted for deferred donations, affecting revenues by $139k in F2022, nil in F2021, and ($3k) in F2020. Ci reported gains (losses) on foreign currency exchange as other income. Ci excluded amortization from administrative costs.

Salary Information

Full-time staff: 4

Avg. compensation: $101,074

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
1
$80k - $120k
3
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2021

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Comments & Contact

Comments added by the Charity:

This comment was provided to a previous version of this profile.

This decade is crucial for making gains to protect globally important tropical ecosystems and species. Inspired by the progress we’re making and by our wonderful field partners, ICFC is redoubling its efforts and encouraging Canadians to join us and enable us to do still more.

Charity Contact

Website: www.icfcanada.org
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 844-781-2129

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Charitable Registration Number: 80340 7956 RR0001