Vancouver, BC V6J 3G7
President: Niels Veldhuis
Board Chair: Peter Brown
Charitable Reg. #: 11923 3823 RR0001
Grade: AThe 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 #45
Avg. Compensation $122,533
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||2|
|$200k - $250k||1|
|$160k - $200k||1|
|$120k - $160k||6|
|$80k - $120k||0|
|$40k - $80k||0|
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. In F2016, The University of Pennsylvania’s survey on think tanks ranked FI as the top think tank in Canada and the 19th best in the world.
In F2016, Fraser Institute spent $9.5m on its research and programs, where over 350 researchers, including 6 Nobel laureates, from 22 countries, published 85 research reports. The reports covered areas of taxes, education, school grades, budgets, economic freedom, health care, aboriginal issues, energy and the environment. Also in F2016, Fraser Institute created 75 infographics to simplify technical information that were viewed by 2.3 million people on Facebook alone, a 206% increase from the 758,167 viewers in F2015.
Fraser Institute’s most famous work includes reports on school report cards and rankings, Tax Freedom Day, wait-times for hospitals and Economic Freedom of the World index. These reports earned FI 29,041 news mentions in F2016. FI’s research was cited 412 times in academic publications in the same year.
Fraser Institute is a big-cap charity. It received donations of $10.7m in F2016. Its fundraising and administrative costs were 5% of revenues. Therefore, for every dollar donated, 95 cents go towards Fraser Institute’s programs, falling just within Ci’s reasonable range. FI has total funding reserves of $6.4m, resulting in a program cost coverage ratio of 63%. This means that FI can only cover less than 8 months of program costs using its reserves, showing a need for funding.
This charity report is an update that is being reviewed by the charity. Changes and edits may be forthcoming.
Updated on June 8th, 2017 by Kevin Silberberg.
Financial RatiosFiscal year ending December
|Fundraising & admin costs as % of revenues||5.3%||5.0%||4.7%|
|Program cost coverage (%)||63.4%||72.4%||48.6%|
Summary Financial StatementsAll figures in $000s
|Fees for service||5||5||17|
|Fundraising & administrative costs||570||527||551|
|Cash flow from operations||120||222||183|