Toronto, ON M5T 3A8
Executive Director: Brian McFarlane
Board Chair: John Lind
Charitable Reg. #: 11923 0092 RR0001
Social Results Reporting
Grade: NRCharity not yet rated on the public reporting of the work it does and the results it achieves.
Program Cost Coverage
Full-time staff #0
Avg. Compensation $0
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||0|
About Kensington Foundation:
The Kensington Foundation (KF) was set up in 1998 to raise funds for the establishment, operations and growth of Kensington Health organizations and the surrounding community. In addition to funding the Kensington Health organizations, it builds community programs and promotes health and wellness in its community.
Kensington Health is comprised of 5 organizations, which includes 3 operating entities: the Kensington Health Centre, which operates Kensington Gardens, a 350-bed long term care home and the Kensington Hospice, a 10-bed residential hospice; the Kensington Eye Institute, an ambulatory eye surgery and Academic Centre of Excellence; and the Kensington Screening Clinic,an ambulatory endoscopy screening centre. Kensington Health also includes 2 charitable foundations: the Kensington Research Institute which funds research projects at the Kensington Health operating entities and the Kensington Foundation.
The KF is currently in a $5m capital campaign to raise funds for the Kensington Hospice, which opened in August 2011. The hospice's focus is on the quality of life, dignity and wellness of people in the last phases of a life-limiting illness. The goals of the hospice include helping residents live each day to its fullest, with symptom and pain management, and helping families cope with grief and loss.
Administrative costs are 8% of revenues and fundraising costs are 22% of donations. Funding reserves of $26.5m cover F2011 program costs 36.8 times (or 20.2 times average granting for the past 3 years).
Financial RatiosFiscal year ending June
|Administrative costs as % of revenues||7.9%||18.0%||12.3%|
|Fundraising costs as % of donations||22.4%||40.7%||13.6%|
|Program cost coverage (%)||3,678.5%||1,394.5%||1,460.5%|
Summary Financial StatementsAll figures in $s
|Business activities (net)||934,110||394,172||968,893|
|Cash flow from operations||2,941,346||774,706||(837,867)|