Coast to Coast Against Cancer Foundation
Toronto, ON M5H 3R3
Executive Director: Corin Greenberg
Board Chair: Jeff Rushton
Charitable Reg. #: 82825 2346 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
Full-time staff #6
Avg. Compensation $42,931
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||5|
About Coast to Coast Against Cancer Foundation:
Founded in 2006, Coast to Coast Against Cancer Foundation (CCAC) raises funds for childhood cancer charities in Canada. CCAC states that 1,700 children under the age of 19 are diagnosed with cancer every year and childhood cancer is the leading disease-related cause of death in Canadian children. For the 75% of childhood cancer patients who beat the disease, over 50% suffer late effects of the disease and treatment. CCAC funds charities with programs that fall into one of three focus areas: transition and survivorship, research and family support. CCAC’s granting activities totalled $4.7m in F2015 and funded over 50 childhood cancer charities.
Transition and survivorship grants go to charities with programs that treat childhood cancer patients who require ongoing treatment and support survivors who suffer from late effects of their disease and its treatment.
Research grants go to charities conducting childhood cancer research that investigates new treatment options and treatments that prevent unwanted after effects in cancer survivors. CCAC reports that in 2015, it granted $1.3m to research programs at children’s hospitals across Canada, including a $700k grant to Toronto Hospital for Sick Children (SickKids) for pediatric oncology research. This marks the completion of a 5-year, $4m commitment to SickKids, one year ahead of schedule.
Family support grants go to charities with programs that help childhood cancer patients and their families get through the hardships of treatment and other stresses that come with cancer. This includes financial support programs for families who cannot work full-time because they must care for their sick child and face problems related to paying rent and other everyday living costs. CCAC reports that it granted $1.9m in F2015 to charities with camp programs that give children and their families a break from the disease, such as Camp Trillium, Camp Quality, Camp Oochigeas and Kids Cancer Care Alberta. CCAC granted an additional $1.4m to almost 20 charities in Canada with other family support programs.
Coast to Coast Against Cancer Foundation is big-cap charity with total donations of $5.9m in F2015. According to Ci analysis, administrative costs are 12% of revenues and fundraising costs are 16% of total donations. $0.28 of every donated dollar goes toward overhead costs, which falls within Ci’s reasonable range for overhead spending.
Coast to Coast Against Cancer Foundation reports three types of donations: tax-receipted donations ($4.3m in F2015), other donations ($897k in F2015) and corporate sponsorships ($757k in F2015). CCAC’s primary operating goal is 100% flow-through of tax-receipted donations into grants to other charities. In F2015, donations to other charities of $4.7m represented 109% of tax-receipted donations, indicating that CCAC met its operating objective. When this is accounted for in Ci’s fundraising and administrative ratios, fundraising costs are 59% of non-receipted and corporate donations, and administrative costs are 36% of revenues less receipted donations. If we account for 100% of every receipted donated dollar going toward the charity’s mission, this would mean that $0.95 of every non-receipted donated dollar goes toward overhead costs.
In F2014, CCAC’s five largest grants went to Trillium Childhood Cancer Support Centre ($903k), SickKids ($841k), Camp Oochigeas ($478k), Pediatric Oncology Group of Ontario ($413k) and Kids Cancer Care Alberta ($364k), as reported in the charity’s T3010 CRA filing. The F2015 T3010 CRA filing was not available at the time of this profile update.
CCAC’s funding reserves of $668k can cover only 14% of annual granting activities, indicating a funding need.
NOTICE TO DONORS: Following the discovery of fraudulent spending by a previous board member in F2014, CCAC underwent a forensic audit that identified disbursement of $426k in unauthorized payments during the fiscal year. This amount is recognized as an expense in other costs in the financial analysis below. CCAC is pursuing repayment of the misused funds from the former board member and will account for any recovered amounts as they are received. Subsequent recovery of $28k in F2015, also reported in other costs, represents an amount received from another defendant in the civil action.
Despite the events of F2014, CCAC maintained its granting activities in F2015, down only 3% from the amount granted in F2014.
Updated on August 26, 2016 by Katie Khodawandi.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||11.6%||10.5%||8.3%|
|Fundraising costs as % of donations||16.4%||16.2%||18.8%|
|Program cost coverage (%)||14.2%||13.7%||23.6%|
Summary Financial StatementsAll figures in $000s
|Business activities (net)||342||336||438|
|Cash flow from operations||(43)||(662)||240|