
Heart & Stroke
Ottawa, ON K1P 5V9
CEO: Yves Savoie
Board Chair: Andrew W. W. Cockwell
Website: www.heartandstroke.com
Charitable Reg. #: 10684 6942 RR0001
Charity Rating
Donor Accountability
Grade: A-
The grade is based on the charity's public reporting of the work it does and the results it achieves.Financial Transparency



Need for Funding



Spending Breakdown
Cents to The Cause
♦ | ♦ | ♦ | |
95¢ | |||
75¢ | |||
avg | |||
65¢ | |||
50¢ | |||
2014 | 2015 | 2016 |
Full-time staff #593
Avg. Compensation $72,242
Top 10 Staff Salary Range
$350k + | 1 |
$300k - $350k | 0 |
$250k - $300k | 3 |
$200k - $250k | 6 |
$160k - $200k | 0 |
$120k - $160k | 0 |
$80k - $120k | 0 |
$40k - $80k | 0 |
< $40k | 0 |
About Heart & Stroke:
Founded in 1952, the mission of Heart and Stroke Foundation of Canada (Heart & Stroke) is to “prevent disease, save lives and promote recovery”. Heart & Stroke's activities fall under four priority areas: preventing disease, saving lives, promoting recovery, and investing in research. Core programs include research, advocacy, and health promotion & community programs. The charity has two major goals for 2020: decreasing the risk factors for heart disease and stroke in Canadians by 10%, and reducing Canadians’ death rate from heart disease and stroke by 25%.
Health promotion & community program spending made up 57% of Heart & Stroke’s total program costs and grants in F2016. Heart&Stroke aims to prevent disease by generating awareness. It organizes school and community programs, issues health information, and influences public policies. H&S 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 (automated external defibrillators) and stroke awareness. H&S also aims to promote recovery by providing recovery information and creating a support network for survivors.
In F2016, Heart & Stroke generated health awareness among more than 919,000 Canadians through the Jump Rope for Heart program (down 6% from F2015). The charity trained 216,000 people in CPR during the year (down 2% from F2015), and trained 315,000 clinicians, first responders, and other personnel in Canada on how to respond to heart emergencies (up 44% from F2015). The charity’s Community of Survivors program had 785 participants in F2016. The program launched in F2015 and connects heart disease, heart failure and stroke survivors.
Research grants made up 43% of total program costs and grants in F2016. Heart & Stroke currently funds 850 researchers. The Canadian Resuscitation Outcomes Consortium (CanROC) is a three-year research initiative co-funded by Heart&Stroke that focuses on treating heart attacks and is active in three sites across Canada. In its 2016 Report to Donors, Heart & Stroke reports that heart attack survival rates have doubled in some CanROC sites because of improved CPR services. Heart & Stroke funded researchers also led ESCAPE, a clinical trial on endovascular thrombectomy (EVT) as a treatment for stroke. The trial found that EVT cuts death rates in half and reduces disability from some strokes. Dr. Cunningham, senior scientist at Sunnybrook Research Institute, created a new imaging technique in F2016. It allows scientists to study metabolic processes within heart cells, which will hopefully help predict heart failure in the future. Heart & Stroke co-funded a 2016 study, which was published in Circulation Research, that demonstrated the imaging technique’s usefulness.
Heart & Stroke reports that the death rate from heart disease and stroke has declined by more than 75% since 1952.
Financial Review:
Heart & Stroke is one of Canada’s 100 largest charities, with donations of $116.2m in F2016. Administrative costs are 3% of revenues and fundraising costs are 44% of donations. Per dollar donated to the charity, $0.53 goes towards its programs, which falls outside of Ci’s reasonable range for overhead spending. The charity’s funding reserves of $77.7m include a $5.6m endowment fund. Excluding endowed funds, Heart & Stroke’s reserves can cover 99%, or roughly one year, of program and granting costs. The charity has program and research grants commitments to pay out $45.6m in the next 5 years - 59% of current non-endowed funding reserves.
As per the charity’s T3010 CRA filings, Heart & Stroke’s five largest grants for F2016 were to Heart and Stroke Foundation of Ontario ($2.7m), McMaster University ($2.3m), SickKids ($1.5m), University of Toronto ($1.4m), and University Health Network ($1.4m).
Heart & Stroke uses external fundraisers as part of its fundraising activities. The charity reports $1.1m in fundraising costs for external fundraisers that raised $16.3m in F2016, producing an external fundraising cost ratio of 7%.
This charity report is an update that is currently being reviewed by Heart & Stroke. Comments and edits may be forthcoming.
Updated on August 15, 2017 by Katie Khodawandi.
Financial RatiosFiscal year ending August |
2016 | 2015 | 2014 |
---|---|---|---|
Administrative costs as % of revenues | 3.0% | 3.7% | 4.3% |
Fundraising costs as % of donations | 43.9% | 46.6% | 46.9% |
Program cost coverage (%) | 105.9% | 110.7% | 116.2% |
Summary Financial StatementsAll figures in $000s |
2016 | 2015 | 2014 |
---|---|---|---|
Donations | 116,152 | 115,647 | 115,625 |
Government funding | 4,360 | 7,932 | 6,759 |
Lotteries (net) | 5,870 | 709 | 10,192 |
Investment income | 1,791 | 2,400 | 3,020 |
Other income | 2,334 | 9,199 | 532 |
Total revenues | 130,507 | 135,887 | 136,128 |
Program costs | 41,836 | 48,770 | 54,125 |
Grants | 31,506 | 30,934 | 33,807 |
Administrative costs | 3,792 | 4,931 | 5,741 |
Fundraising costs | 50,994 | 53,922 | 54,226 |
Cash flow from operations | 2,379 | (2,670) | (11,771) |
Funding reserves | 77,690 | 88,268 | 102,156 |
Comments added by the Charity:
Comment for Charity Intelligence Profile – December 5, 2016
Heart&Stroke is a national charity with an ambitious vision: “Healthy lives free of heart disease and stroke. Together we will make it happen.” We need Canadians to join with us, as they have over the last 60 years, to help us in our mission to prevent disease, save lives and promote recovery.
Our national strategic plan, launched in 2013, set us on the path to achieving even greater tangible improvement in the health of Canadians. The plan identifies two specific impact goals, and everything we do ladders up to achieving these goals by 2020:
Since Heart&Stroke was established in 1952, we have invested more than $1.45 billion in vital heart and stroke research, making us the largest contributor in Canada after the federal government. In that time, the death rate from heart disease and stroke has declined by more than 75 per cent. Our research grants have led to breakthroughs such as:
Below are some other recent examples that illustrate the impact we’re having:
Heart&Stroke is committed to providing the highest level of financial responsibility and transparency around our operations. We believe in monitoring and measuring our performance on an ongoing basis; continuously reviewing which programs and activities deliver higher returns and identifying ways to increase revenue so we can have even more impact against our mission. We continue, as always, to be strongly committed to improving the efficiency of our organization. We are confident that the strategic investments we made in becoming one organization will ensure the longer term success and efficiency of the HSC – leading to meaningful improvements in the health of Canadians.