Alzheimer Society of Canada
Toronto, ON M4R 1K8
CEO: Pauline Tardif
Board Chair: Marjorie Sullivan
Charitable Reg. #: 11878 4925 RR0001
Grade: B-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Full-time staff #21
Avg. Compensation $81,219
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||1|
|$160k - $200k||0|
|$120k - $160k||1|
|$80k - $120k||5|
|$40k - $80k||3|
About Alzheimer Society of Canada:
Founded in 1978, Alzheimer Society of Canada is based in Toronto, Ontario. It has 10 provincial societies across Canada with many more societies in local communities. The charity funds dementia research and works on improving public policy for those affected by dementia.
Dementia is the umbrella term for a set of chronic diseases affecting the brain. These diseases impair memory, thought process, and speech, thus preventing a person from performing their daily activities. Alzheimer’s disease is the most common form of dementia.
564,000 Canadians are currently living with dementia. Alzheimer Society of Canada estimates a cost of $10.4 billion a year to care for those with dementia in Canada. The charity estimates that this will increase by 60% to $16.6 billion a year by 2031.
Alzheimer Society Research Program (ASRP) is one of the charity’s major programs. It funds research projects looking for treatments and possible cures for dementia. Many of the researchers aim to improve the quality of life for those affected by dementia. In 2017, the ASRP gave $2.8 million to fund 25 research projects.
Alzheimer Society of Canada has not posted a recent annual report since March 2015.
Results and Impact: The charity’s advocacy efforts resulted in Canada passing Bill C-233 on June 22, 2017, an act targeting a national strategy for Alzheimer’s disease and other dementias. Canada now becomes the 30th country to launch a plan to address the overwhelming scale, impact, and cost of dementia.
The Alzheimer Society of Canada is a large charity that collected $13.4m in donations in F2017. Administrative costs are 4% of revenues and fundraising costs are 35% of donations. For every dollar donated to the charity, $0.61 goes towards the cause. This falls outside of Charity Intelligence’s reasonable range of 65-95 cents.
Funding reserves total $13.8m and donor-endowed funds represent 7% of this amount. Excluding donor-endowed funds, the charity’s reserves cover program costs 1.9 times. This means that the charity has enough funds to cover 22 months of program costs.
Charity Intelligence has recorded revenue received from provincial chapters as Other Revenue. Ci has also recorded revenue flowed to provincial chapters as Other Costs. In F2017, $11.2m was received from provincial chapters, while $11.5m was given to provincial chapters.
For donors looking to give intelligently, Ci recommends donating online. Direct mail fundraising costs were $3.6m to raise $6.1m in donations in F2017, representing a fundraising cost of 58%.
This charity report is an update that was sent for review to Alzheimer Society of Canada. Changes and edits may be forthcoming.
Updated on June 4, 2018 by Derek Houlberg.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||3.6%||3.8%||3.0%|
|Fundraising costs as % of donations||35.1%||40.4%||35.2%|
|Program cost coverage (%)||199.9%||152.7%||146.3%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||1,045||1,118||(221)|