Aga Khan Foundation Canada
Ottawa, ON K1N 1K6
CEO: Khalil Z. Shariff
Board Chair: His Highness, Aga Khan
Charitable Reg. #: 10007 2586 RR0001
Social Results Reporting
Grade: CThe 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 #53
Avg. Compensation $77,190
Top 10 Staff Salary Range
|$300k - $350k||1|
|$250k - $300k||0|
|$200k - $250k||1|
|$160k - $200k||0|
|$120k - $160k||3|
|$80k - $120k||5|
|$40k - $80k||0|
About Aga Khan Foundation Canada:
Founded in 1980, The Aga Khan Foundation Canada (AKFC) supports social development programs in Asia and Africa to address the root causes of poverty. AKFC seeks fresh solutions to social and economic problems, with a particular emphasis on health, education, environmental protection, rural development, and strengthening of civil society.
AKFC is an agency of the Aga Khan Development Network (AKDN), a group of development agencies with individual mandates that address social, economic and cultural dimensions of development. Active in 30 countries, these agencies share a mission to improve living conditions and opportunities for the poor without regard to their faith, origin or gender.
AKFC's international development work is financed by public support, a longstanding partnership with the Government of Canada, collaborations with other development agencies, and direct support of the Aga Khan Foundation in Geneva, Switzerland.
In F2013, AKFC's adminiatrative costs were 3% of total revenues and fundraising costs were 3% of Canadian donations. International donations of $32.4m in F2013, $26.3m in F2012, and $13.5m in F2011 are included in other income. Funding reserves of $104.4m cover 1.1 years of annual program costs. AKFC also holds significant property held for charitable purposes, valued at $346.2m in F2013, including $27.3m acquired in F2013 and $43.3m in F2012.
In F2012, AKFC received $22.1m directly from His Highness, the Aga Khan ($11.6m in F2011), though this information is not disclosed for F2013.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||2.9%||3.2%||2.9%|
|Fundraising costs as % of donations||3.0%||3.3%||1.9%|
|Program cost coverage (%)||108.5%||255.7%||122.1%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||15,542||46,490||1,962|