Canadian Women's Foundation

133 Richmond Street W., Suite 504
Toronto, ON M5H 2L3
President & CEO: Sheherazade Hirji
Board Co-Chair: Crystal Laborero

Website: www.canadianwomen.org
Charitable Reg. #: 12985 5607 RR0001
Sector: Social Services - Women
Public Foundation

Donor Accountability

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 ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2014 2015 2016
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #36

Avg. Compensation $82,635

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 1
$160k - $200k 1
$120k - $160k 0
$80k - $120k 5
$40k - $80k 3
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About Canadian Women's Foundation:

Founded in 1991, Canadian Women’s Foundation (CWOF) works to end violence against women, help poor women get back on their feet, end sex trafficking and build strong, resilient girls as they pass through adolescence. The charity runs 4 major granting programs – Stop the Violence, End Poverty, End Sex Trafficking and Empower Girls.

The Stop the Violence fund supports emergency shelters and violence prevention programs that help abused women and girls. CWOF states that every night in Canada, 3,491 women and their 2,724 children sleep in shelters because of an unsafe home environment and every 6 days, a woman is killed by her spouse. Handling the aftermath of spousal violence costs Canadians $7.4b a year. In F2016, Canadian Women’s Foundation funded 452 emergency shelters and 49 violence prevention programs across Canada.

Canadian Women’s Foundation’s End Poverty fund supports programs that help poor women and their families get back on their feet. CWOF reports that in Canada, 36% of all aboriginal women, 35% of all racialized women, 26% of disabled women, 21% of single mothers and 14% of single senior women are poor. In Manitoba, 70% of aboriginal children under age 6 are poor. CWOF works to reduce poverty levels by funding programs that help low-income women launch businesses, learn a skilled trade, or gain work experience. The charity funded 5 programs in F2016.

Based on research conducted in 2014 by Canadian Women’s Foundation, global profits from sex trafficking total US$99 billion and 93% of Canada’s trafficking victims come from Canada. CWOF’s End Sex Trafficking fund grants to programs that help girls and women in Canada escape sex trafficking and rebuild their lives, as well as programs that work within Canadian communities and build local action plans to end sex trafficking. The charity also funds public awareness campaigns. CWOF funded 8 programs through this fund in F2016.

The Empower Girls fund supports programs that work to boost girls’ confidence as they approach their teens – a time where self-confidence drops drastically and depression rates rise. CWOF funds programs where at-risk girls explore science and technology, play sports, learn to think critically, or take on leadership, in a supportive all-girl environment. In F2016, the charity funded 22 programs that reach 44 communities across Canada.

Financial Review:

Canadian Women’s Foundation is a big-cap charity with donations and special events fundraising totaling $5.6m in F2016. F2016 donations dropped 42% from the year before due to decreases in almost all categories of donations, including a recurring individual bequest. Administrative costs are 28% of revenues and fundraising costs are 30% of donations. Per dollar donated, $0.43 goes to the cause. This falls outside Ci’s reasonable range for overhead spending.

The charity’s funding reserves of $20.8m include a $218k endowment fund. Excluding endowed funds, the charity's reserves can cover annual program costs for just under 4 years.

Updated on June 13, 2017 by Katie Khodawandi.

Financial Ratios

Fiscal year ending August
201620152014
Administrative costs as % of revenues 27.5%20.2%20.4%
Fundraising costs as % of donations 29.6%16.4%16.9%
Program cost coverage (%) 399.3%338.4%299.7%

Summary Financial Statements

All figures in $000s
201620152014
Donations 5,1708,8959,525
Government funding 21800
Fees for service 24430
Special events 429516448
Investment income 1,0798143,205
Total revenues 6,92110,22913,208
Program costs 1,9731,9742,944
Grants 3,2304,6064,499
Administrative costs 1,6051,9012,040
Fundraising costs 1,6571,5421,683
Cash flow from operations (1,543)2072,042
Funding reserves 20,77222,26522,307
Note: Ci did not report amortization in administrative expenses, reducing administrative costs by $10k in F2016, $11k in F2015 and $10k in F2014.

Comments added by the Charity:

The economic downturn has been difficult for most non-profit organizations in Canada. The Canadian Women’s Foundation was no exception.

The Foundation invested $1.5M of its internally restricted reserves as well as investment income to finance the operations and fundraising activities in 2015-2016 to ensure the majority of each donated dollar was directed to our mission.

Our charitable ratio remains strong at 61% (program expenses as a % of total expenses).

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