Canadian Breast Cancer Foundation

#300, 1090 West Pender Street
Vancouver, BC V6E 2N7
CEO: Lynne Hudson
Board Chair: Gail Chernin

Charitable Reg. #: 12799 3608 RR0001
Sector: Health - Cancer
Operating Charity

Social Results Reporting

Grade: B+

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #155

Avg. Compensation $84,681

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 1
$250k - $300k 0
$200k - $250k 3
$160k - $200k 3
$120k - $160k 3
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

About Canadian Breast Cancer Foundation:

Founded in 1986, Canadian Breast Cancer Foundation (CBCF) is a national funder of breast cancer research in Canada. In the past 20 years, CBCF has invested over $360m in breast cancer research. It also funds awareness and advocacy programs on breast cancer, the most commonly diagnosed cancer in women. 1 in 4 women are diagnosed with this disease. CBCF's goals are to reduce the number of people diagnosed with breast cancer and to improve the quality of life of those affected.

NEWS: On October 28, 2016 CBCF announced it will be merging with Canadian Cancer Society that may finalize in February 2017. The President and CEO of CBCF, Lynne Hudson, is the new President and CEO of Canadian Cancer Society effective immediately. For more information about this merger, please read Charity Intelligence's article:

Canadian Breast Cancer Foundation's main fundraising event is Run for the Cure, where 104,000 people participated last year. The event contributed 71% of CBCF's total revenues. It also has a regional funding campaign, through which CBCF allocated $7.5m to 24 research projects. The funded initiatives include research on early detection, new methods of treatment and prevention. In 2013, the Canadian Breast Cancer Foundation held its Pink Tour where volunteers visited 90 communities across Canada to raise awareness of breast cancer. This year, CBCF held 33 workshops to promote healthier lifestyles to reduce the risk of developing breast cancer.

CBCF reports that its breast cancer research has contributed to the decreasing mortality rates and climbing survival rates of breast cancer victims. Since 1990s, mortality rates went down by 44% and survival rates increased by 88%.

Financial Review:

Canadian Breast Cancer Foundation is one of Canada's Major 100 charities as it received donations and special event revenue of $38.7m in F2015. The Run for The Cure event raised $29m alone. CBCF's administrative costs are 8% of total revenues and its fundraising costs are 30% of donations. Total overhead costs come to 38%, which is in the upper end of Ci's reasonable range. CBCF has funding reserves of $53.3m. Its total funding reserves can cover programs costs 1.8 times.

This charity report is an update that is being reviewed by Canadian Breast Cancer Foundation. Changes and edits may be forthcoming.

Updated on June 1st, 2016 by Mirza Ali Shakir.

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 8.0%7.5%6.6%
Fundraising costs as % of donations 29.6%30.8%32.1%
Program cost coverage (%) 182.9%182.1%184.0%

Summary Financial Statements

All figures in $000s
Donations 9,64110,76911,336
Government funding 6125053
Special events 29,09230,59734,745
Investment income 1,3172,7852,461
Other income 335323273
Total revenues 40,99744,97948,818
Program costs 11,71812,46512,846
Grants 17,45619,31221,541
Administrative costs 3,1833,1703,044
Fundraising costs 11,44512,71914,810
Cash flow from operations (2,806)(2,687)(3,423)
Funding reserves 53,34957,86563,268
Note: Ci includes all realized gains (losses) in its investment income calculations, thereby raising revenues by ($1.9m) in F2015, ($0.6m) in F2014 and nil in F2013. Ci also shifted amortization expenses from fundraising and administrative costs to non-cash expenses.

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