Heart & Stroke

222 Queen Street, Suite 1402
Ottawa, ON K1P 5V9
CEO: Yves Savoie
Board Chair: Andrew Pipe

Charitable Reg. #:10684 6942 RR0001


Ci's Star Rating is calculated based on the following independent metrics:

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Audited financial statements for current and previous years available on the charity’s website.



Grade based on the charity's public reporting of the work it does and the results it achieves.



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 46 cents are available for programs.

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About Heart & Stroke:

Founded in 1952, Heart and Stroke Foundation of Canada fights against heart disease and stroke. Heart & Stroke Foundation of Canada's vision is for people in Canada to live a life uninterrupted by heart disease and stroke. Heart & Stroke Foundation of Canada's activities fall under four priority areas: preventing disease, saving lives, promoting recovery, and investing in research. Its core programs consist of health & community programs, and research. The foundation reports that heart disease and stroke related conditions take one life every five minutes in Canada, and an estimated 1.6 million more are living with the effects of these diseases.

The foundation’s health promotion & community programs made up 55% of program costs in F2018. These programs aim to generate awareness and prevent heart disease and stroke by changing people’s behaviors and eating habits. The foundation organizes school and community programs, provides health information, and influences and advocates for public policy. In F2018, Heart & Stroke engaged an estimated 900,000 children across 3,800 schools to participate in healthy activities through its Jump Rope for Heart campaign. The foundation trained more than 345,000 healthcare professionals across Canada to prepare them to respond to cardiac emergencies. It also trained more than 229,000 Canadians in basic CPR and first aid. Lastly, the charity has the goal of reaching at least 50% of stroke survivors and 35% of heart disease survivors with recovery resources.

Research grants made up 45% of total program costs in F2018. Heart and Stroke Foundation of Canada is currently funding 750 researchers. Of these researchers, 21 are new national investigators and 24 are research chairs. In F2018, Heart & Stroke granted $33.2m. The three largest grant recipients as reported in Heart and Stroke Foundation of Canada's F2018 T3010 filing were: University of Alberta ($2.5m), University of British Columbia ($1.5m), and Toronto General and Western Hospital Foundation ($1.2m). Heart & Stroke Foundation of Canada also granted $1.7m to Heart & Stroke Foundation of Ontario; however, given that Ci's financial analysis uses consolidated statements, transfers between the national and provincial divisions are omitted from revenues and expenses. 

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Results and Impact

Ci chose to highlight the following results: 

Heart and Stroke Foundation of Canada’s Stop Marketing to Kids Coalition resulted in the successful passing of Bill S-288 in the House of Commons. This bill restricts unhealthy food and beverage marketing to kids. The foundation was also a key influencer of an amendment made to the Tobacco Act, authorizing plain and standardized packaging, stripping away the appeal, and increasing the effectiveness of warnings.

In 2015, the ESCAPE trial supported by Heart & Stroke Foundation of Canada showed that treating major strokes by removing blood clots through blood vessels reduced deaths by 50%, and significantly reduces disabilities. Another researcher funded by the foundation identified a key molecule that accounts for about 20% of all cases of heart failure. This finding points to the opportunity for personalized treatment for heart failures.

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Heart & Stroke is a Major 100 charity, with donations of $107.9m in F2018. Administrative costs are 4% of revenues (excluding investment income) and fundraising costs are 50% of donations. For every dollar donated to the charity, 46 cents go to its programs and grants. This is outside of Ci’s reasonable range for overhead spending. The charity has funding reserves of $82.8m including $6.8m in donor-endowed funds. Excluding donor-endowed funds, Heart & Stroke Foundation of Canada’s reserves can cover 1 year of program and granting costs at the F2018 level. Heart & Stroke has commitments of $52.6m which account for 69% of non-endowed funding reserves.

Heart & Stroke uses external fundraisers as part of its fundraising activities. In F2018, the charity reported paying external fundraisers $1.5m that raised $17.5m. For every dollar Heart & Stroke raised from external fundraisers, it paid 9 cents. Excluding external fundraising costs and revenues, Heart & Stroke Foundation of Canada's cost to raise a dollar is 58 cents.

This charity report is an update that has been sent to Heart and Stroke Foundation of Canada for review. Comments and edits may be forthcoming.

Updated on August 19, 2019 Stefan Tetzlaff.

Financial Review

Financial Ratios

Fiscal year ending August
Administrative costs as % of revenues 3.7%3.4%3.0%
Fundraising costs as % of donations 50.1%43.9%43.9%
Total overhead spending 53.8%47.3%46.8%
Program cost coverage (%) 111.2%112.9%105.9%

Summary Financial Statements

All figures in $000s
Donations 107,891115,823116,152
Government funding 4,2032,7004,360
Lotteries (net) 6,0133,5495,870
Investment income 4,2174,5141,791
Other income 2956042,334
Total revenues 122,619127,190130,507
Program costs 41,25137,10841,836
Grants 33,17532,58731,506
Administrative costs 4,3764,1603,792
Fundraising costs 54,00750,86050,994
Total spending 132,809124,715128,128
Cash flow from operations (10,190)2,4752,379
Capital spending 2,0232,7052,682
Funding reserves 82,78878,65777,690

Note: Ci included endowment contributions in donations, increasing total revenues by $1,161k in F2018, $59k in F2017, and $110k in F2016. Ci reported lottery revenue net of direct costs, reducing total revenues and expenses by $10,9m in F2018, $10.9m in F2017, and $11.0m in F2016. Ci backed out amortization from program costs, reducing total program costs by $1.5m in F2018, $927k in F2017, and $580k in F2016.

Salary Information

Full-time staff: 598

Avg. Compensation $76,229

Top 10 staff salary range

$350k +
$300k - $350k
$250k - $300k
$200k - $250k
$160k - $200k
$120k - $160k
$80k - $120k
$40k - $80k
< $40k

Information from most recent CRA Charities Directorate filings for F2018

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Comments & Contact

Comments added by the Charity:

Charity Contact

Website: www.heartandstroke.ca
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