Kensington Health Foundation

25 Brunswick Avenue
Toronto, ON M5S 2L9
CEO: Corinne Rusch-Drutz
Board Member: Douglas Anderson

Charitable Reg. #:11923 0092 RR0001

STAR RATING

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

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FINANCIAL TRANSPARENCY

Most recent Audited financial statements available on the charity’s website.

C-

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.

78%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 78 cents are available for programs.



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Programs

About Kensington Health Foundation:

Since 1998, Kensington Health Foundation has been fundraising for equipment, research, renovations, and programs at Kensington Health organizations and the surrounding community in Toronto to provide services beyond government funding. Kensington Health is a system of non-profit organizations that provide health and community care. Services include long-term, hospice and community care, cancer screening, medical and surgical eye care, and eye tissue processing for transplant. In total, Kensington Health served 932 clients in F2019. In addition to funding Kensington Health organizations, Kensington Health Foundation supports community organizations and promotes health and wellness.

In F2019, Kensington Health Foundation provided 86% of its grants to Kensington Health Centre ($3.2m). This includes a 350-bed long-term care home (Kensington Gardens), a 10-bed residential hospice, a diagnostic imaging centre, and an eye clinic. During F2019, Kensington Gardens had 425 residents, Kensington Hospice had 130 residents, the diagnostic imaging centre saw 35,600 patient visits, and the eye clinic did 2,419 cornea transplants. However, most of this is covered by government funding; the only specific contribution Kensington Health Foundation reports is covering nearly 40% of current hospice operational costs. 

In F2019, Kensington Health Foundation provided 10% of its grants to Kensington Cancer Screening Centre ($370k). The services Kensington Cancer Screening Centre provides include colonoscopies, gastroscopies, infusion and injection training, and inflammatory bowel disease nursing support. It is unclear what portion of services are covered by grants from Kensington Health Foundation. 

In F2019, the remainder of funding was provided to Second Mile Club of Toronto, various community organizations, and Kensington Eye Institute.

Construction is currently underway on an expansion for the Kensington Hospice. Set to complete in Winter 2021, it will increase the size of the Kensington Hospice from 10 beds to 19 beds. The hospice will also offer a new Community Day Hospice program in 2020.

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Results and Impact

Kensington Health Foundation claims the support they offer beyond government funding includes everything that makes Kensington special. This includes music therapy, family counselling, exercise classes, holistic care, bereavement support, and other services that help Kensington Health enhance its quality of care.

While Ci highlights these key results, they may not be a complete representation of Kensington Health Foundation’s results and impact.

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Finances

Kensington Health Foundation is a Medium-sized charity with $3.2m in donations in F2019. The foundation also earns income through investments, accounting for 29% of revenues at $2.1m in F2019. Real estate income accounted for 28% of revenues at $2.0m. Fundraising & administrative costs are 22% of revenues. As such, for every dollar donated, 78 cents go to the cause. This is within Charity Intelligence’s reasonable range for overhead spending.

The charity has total funding reserves of $44.3m. This can cover annual for 12 years at the F2019 level.  

Kensington Health Foundation paid external fundraisers $1k in F2019 to raise $28k for a cost of $0.04 per dollar raised.

This charity report is an update that has been sent to Kensington Health Foundation for review. Comments and edits may be forthcoming.

Updated June 11, 2020 by Eric Jose.

Financial Review


Financial Ratios

Fiscal year ending June
201920182017
Fundraising & admin costs as % of revenues 22.0%37.0%24.8%
Total overhead spending 22.0%37.0%24.8%
Program cost coverage (%) 1,201.6%1,189.5%1,761.2%

Summary Financial Statements

All figures in $000s
201920182017
Donations 3,1669421,008
Business activities (net) 2,0131,7952,031
Investment income 2,1151,9542,611
Total revenues 7,2944,6915,650
Grants 3,6913,5492,477
Fundraising & administrative costs 1,1401,013754
Total spending 4,8314,5623,232
Cash flow from operations 2,4631292,418
Capital spending 3270269
Funding reserves 44,34842,21643,630

Note: Fundraising & administration costs are presented together because Kensington Health Foundation reports them together on its audited financial statements (AFS). While this information can typically be found in the charity's annual filing with the Charities Directorate, the data the charity filed does not reconcile with its AFS for F2017 and F2018, so Ci relied exclusively on the AFS for all three years to remain consistent. 

Salary Information

Full-time staff: 3

Avg. Compensation: $170,747

Top 10 staff salary range:

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

Information from most recent CRA Charities Directorate filings for F2019

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Comments & Contact

Comments added by the Charity:

Comments from 2017:

Who we are

The Kensington Health Foundation was formed in 1988 to raise funds for Kensington Health and our surrounding community. Thanks to the generosity of our donors, we fund improvements to facilities, vital research, critically needed equipment, life-enhancing programs and better quality services. As well, we build community programs and promote health and wellness in academic organizations.

 

What we do

At Kensington, our goal is to help people in our community to live their best life no matter where they are along the personal health journey. We raise funds to support patients, residents, and their families and caregivers to access care that meets individual needs in the comfort of their community.

Charity Contact

Website: www.kensingtonhealth.org/foundation
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: (416) 964-3636

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