Heart and Stroke Foundation of Canada
Ottawa, ON K1P 5V9
President & CEO: David Sculthorpe
Board Chair: Rod McKay
Charitable Reg. #: 10684 6942 RR0001
Social Results Reporting
Grade: A+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 #620
Avg. Compensation $76,328
Top 10 Staff Salary Range
|$300k - $350k||1|
|$250k - $300k||5|
|$200k - $250k||2|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||0|
About Heart and Stroke Foundation of Canada:
The Heart and Stroke Foundation of Canada (HSFC) was founded in 1961. Its mission is to "prevent disease, save lives and promote recovery". The Heart and Stroke Foundation's activities include research, advocacy and health promotion programs.
The Heart and Stroke Foundation aims to prevent disease by generating awareness. Its goal is to reduce Canadian deaths from heart disease and strokes from 66,000 in 2012 to 49,500 by 2020. It organizes school and community programs, issues health information, and influences public policies. The HSFC aims to save lives by enabling better response and treatment for cardiac emergencies and strokes. This is accomplished by developing educational materials, and educating the public on CPR, AEDs and stroke awareness. The HSFC also aims to promote recovery by providing recovery information and creating a support network for survivors.
In F2015, the Heart and Stroke Foundation generated health awareness among more than 977,200 Canadians through the Jump Rope for Heart program. In public education, the HSFC launched the HSF blog, and its online eTools enabled 36,000 Canadians to assess their risk of heart disease and stroke. The HSFC also trained 221,000 participants in CPR in F2015. The charity unveiled the Community of Survivors in F2015, providing 700 Canadians with access to survivors of heart disease, heart failure and stroke.
In F2015, the Heart and Stroke Foundation's research grants to University of Calgary had a tremendous breakthrough in the treatment of people with a brain stroke (ischemic stokes to be exact, which are 85% of strokes). Through a new procedure, mortality rates were halved from 19% to 10%, and 55% of patients achieved a full recovery compared with 35%. This new procedure could be rolled out in Canada and around the world improving the health of people with brain strokes.
The Heart and Stroke Foundation reports that the death rate from heart disease and stroke has declined by more than 75% since 1952. It also reports that 75 years of age is considered a premature death from heart disease, versus 60 years in the 1950s. Today more than 90% of infants born with complex heart defects reach adulthood, versus 20% in the 1950s.
The Heart and Stroke Foundation of Canada is one of Canada's largest charities, a Major 100 charity, with donations of $116m in F2015. Donations are stable over the last 3 years. Administrative costs in F2015 were 4% of revenues, falling from 8% in F2013. Despite being a well-established charity, HSFC's fundraising costs are consistently high at 47% of donations since F2013. In F2015 HSFC spent $53.9m on fundraising. For every $1 donated to the HSFC, 50 cents is put towards its programs and research grants. HSFC's lottery funding has dropped from $16.1m in F2013 to a mere $0.7m in F2015 with prizes and marketing costs absorbing most of the $33.7m in lottery ticket sales.
HSFC's funding reserves of $88m in F2015 include $5m in donor-endowed funds. Funding reserves have fallen by $20m since F2013 due to a decrease in cash. Its program cost coverage ratio is 114%,indicating that current reserves would cover 1.1 years of programs. HSFC has program and research grant commitments to pay out $40.2m in the next 5 years - 46% of current funding reserves.
This charity report is an update that is being reviewed by The Heart and Stroke Foundation of Canada. Changes and edits may be forthcoming.
Updated on May 10, 2016 by Lynn Tay.
Financial RatiosFiscal year ending August
|Administrative costs as % of revenues||3.7%||4.3%||7.6%|
|Fundraising costs as % of donations||46.6%||46.9%||46.7%|
|Program cost coverage (%)||110.7%||116.2%||120.6%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||(2,670)||(11,771)||(11,899)|