Foundation Fighting Blindness
Toronto, ON M4W 3P4
President & CEO: Sharon Colle
Board Chair: Andrew Burke
Charitable Reg. #: 11912 9369 RR0001
Grade: A-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 #23
Avg. Compensation $58,659
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||2|
|$80k - $120k||3|
|$40k - $80k||5|
About Foundation Fighting Blindness:
Foundation Fighting Blindness was founded in 1974 as the Retinitis Pigmentosa Foundation of Canada. Renamed to the Foundation Fighting Blindness in 1995, it has a mission to lead the fight against blindness by advancing retinal disease research, education, and public awareness. The Foundation reports that over 1 million Canadians are living with blinding retinal eye diseases.
In F2016, the Foundation allocated $980k to 23 research projects, down from $1.6m to 28 research projects in F2015. The projects supported in F2015 resulted in 42 new discoveries, 23 new research tools, and 2 clinical research trials. The Foundation partners with the Canadian Institutes of Health Research as well as international collaborators in its effort to prevent blindness and restore sight.
As part of its Vision Quest program, Foundation Fighting Blindness works to raise awareness of blinding eye diseases and the work the Foundation does. In F2015, it held conferences across Vancouver, London, Toronto, Montreal, and Halifax. Together, the conferences had over 1,000 cumulative attendees, 56 speakers, and 47 exhibitors. The conferences brought together 67 healthcare experts, 339 caregivers, 554 patients, and resulted in 237 new donors for the Foundation.
The Foundation also advocates for vision health, participating in forums on Parliament Hill to ensure that Canada meets the highest possible standards in vision care and research. Since 2009, the Foundation has been meeting with Canadian senators and members of provincial and federal parliaments to advance the legislation against genetic discrimination. On March 8, 2017, the federal parliament voted in support of Bill S-201, ensuring that Canadians can get genetic testing without losing or being denied insurance coverage. The protections in this bill will be included in the Canadian Human Rights Act and Canadian Labour Code.
Foundation Fighting Blindness is a medium-sized charity with $4.8m in donations and special events fundraising in F2016. Administrative costs were 11% of revenues and fundraising costs were 35% of donations. For every $1 donated, 54 cents went to the cause. This falls outside of Charity Intelligence’s reasonable range for overhead spending. The Foundation has funding reserves of $3.9m, of which $1.5m are donor-endowed. Excluding donor-endowed funds, Foundation Fighting Blindness can cover annual programs and grants 1.5 times.
This charity report is an update that is currently being reviewed by Foundation Fighting Blindness. Changes and edits may be forthcoming.
Updated on July 21, 2017 by Juliana Badovinac.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||11.4%||11.7%||13.1%|
|Fundraising costs as % of donations||34.7%||40.1%||43.4%|
|Program cost coverage (%)||229.6%||133.3%||117.5%|
Summary Financial StatementsAll figures in $s
|Cash flow from operations||1,013,700||69,479||(638,050)|