Fraser Institute

4th Floor, 1770 Burrard Street
Vancouver, BC V6J 3G7
President: Niels Veldhuis
Board Chair: Peter Brown

Charitable Reg. #: 11923 3823 RR0001
Sector: Research & Public Policy
Operating Charity

Charity Rating

[Charity Rating: 4/4]

Donor Accountability

Grade: A

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 available only upon request [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #40

Avg. Compensation $134,307

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 1
$250k - $300k 1
$200k - $250k 0
$160k - $200k 3
$120k - $160k 3
$80k - $120k 2
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2014

About Fraser Institute :

Founded in 1974, Fraser Institute (FI) is Canada’s leading public policy think tank. FI measures, studies and in simple writing conveys the impact of competitive markets and government intervention on the lives of Canadians. Through its research reports, FI aims to show that free markets, individual choice and less government intervention in the economy result in greater prosperity. Fraser Institute also runs workshops to teach students, teachers and journalists technical economic concepts. The University of Pennsylvania survey of think tanks ranked FI as the 17th best think tank in the world.

In F2015, Fraser Institute spent $9.1m on its research and programs. 350 researchers, including 6 Nobel laureates, from 22 countries published 83 research reports in 2015. The reports covered areas of taxes, education, school grades, budgets, economic freedom, health care, aboriginal issues, energy and the environment. Fraser Institute created 87 info-graphs to simplify technical information, reaching 758,167 people. It started the Essential Hayek program to summarize and explain Friedrich Hayek’s work in short animated videos.

Fraser Institute’s most famous work includes reports on school report cards, Tax Freedom Day, wait-times for hospitals and Economic Freedom of the World index. These reports earned FI 28,338 news mentions (up 8% from 2014) in 2015. FI’s research was cited 600 times in academic publications in the same year.

Financial Review:

Fraser Institute is a Big-Cap charity. It received donations of $10.6m in F2015. Total overhead costs come to 5%, falling just within Ci’s reasonable range. FI has total funding reserves of $7.2m that can cover 9 months of program costs.

This charity report is an update that is being reviewed by the charity. Changes and edits may be forthcoming.

Updated on June 27th, 2016 by Mirza Shakir.

Financial Ratios

Fiscal year ending December
Fundraising & admin costs as % of revenues 5.0%4.7%5.7%
Program cost coverage (%) 72.4%48.6%48.9%

Summary Financial Statements

All figures in $000s
Donations 10,59811,6678,736
Fees for service 51711
Investment income 908958
Other income 485358
Total revenues 10,74111,8268,862
Program costs 9,1418,4208,241
Grants 8502,6710
Fundraising & administrative costs 527551499
Cash flow from operations 222183123
Funding reserves 7,2305,3924,031
Note: The charity does not disclose fundraising costs separately from administrative costs.

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