The Canadian Women's Foundation
Toronto, ON M5H 2L3
President & CEO: Sheherazade Hirji
Board Co-Chair: Crystal Laborero
Charitable Reg. #: 12985 5607 RR0001
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.
Program Cost Coverage
Full-time staff #37
Avg. Compensation $80,914
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||1|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||5|
|$40k - $80k||4|
About The Canadian Women's Foundation:
Founded in 1991, the Canadian Women's Foundation aims to end violence against women, move women out of poverty and build strong resilient girls. It hopes to achieve this through funding, researching and promoting best practices. In particular, the Foundation focuses on women and girls who face the highest risk, such as those with disabilities, those living in rural communities, new immigrants and Aboriginals. In F2015, the Canadian Women's Foundation issued 108 major grants, with 22 of those grants directed towards Aboriginal women and girls. If also reports that its funded programs reached 46,408 people in F2015.
The Canadian Women's Foundation's Violence Prevention Fund supports emergency shelters and programs that help survivors rebuild their lives through counselling, legal advice and loan programs. It also invests in Teen Healthy Relationships programs to help high school students recognize the warning signs of abuse. In F2015, the Foundation invested in 17 Teen Healthy Relationships programs, 42 Violence Prevention programs, 7 programs to help end sex trafficking, and 455 women's shelters.
The Foundation's Girls' Fund invests in activities for at-risk girls, ranging from science and technology to sports and leadership. In F2015, it invested in 32 programs serving girls aged 9 to 13.
The Foundation's Economic Development Fund supports programs that help low-income women launch businesses, learn a skilled trade, or gain work experience. In F2015, the program provided 9 grants.
The Canadian Women's Foundation reports that its long-term goal is to build an endowment fund that is large enough to generate investment income sufficient to cover its administrative expenses. In the long-term, this will allow all of its donations to be put towards its programs.
The Canadian Women's Foundation is a large charity, with donations of $8.9m in F2015. Its administrative costs at 20% of revenues is significantly higher than the 14% in F2013. This is driven by higher salaries and benefits in F2015. Its fundraising costs were 16% of donations in F2015. For every $1 donated to Canadian Women's Foundation, 63 cents is put towards its programs, just falling within Ci's reasonable range. The charity's funding reserves of $22.3m include $5.7m in donor-endowed funds. Excluding donor-endowed funds, funding reserves can cover 2.6 years of program costs.
This charity report is an update that is being reviewed by Canadian Women's Foundation. Changes and edits may be forthcoming.
Updated on May 25, 2016 by Lynn Tay.
Financial RatiosFiscal year ending August
|Administrative costs as % of revenues||20.2%||20.4%||13.9%|
|Fundraising costs as % of donations||16.4%||16.9%||17.7%|
|Program cost coverage (%)||338.4%||299.7%||264.4%|
Summary Financial StatementsAll figures in $000s
|Fees for service||4||30||6|
|Cash flow from operations||207||2,042||122|