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Canucks for Kids Fund

800 Griffiths Way
Vancouver, BC V6B 6G1
Executive Director: Alex Mitchell
Board President: Paolo Aquilini

Charitable Reg. #: 11883 7483 RR0001
Sector: Social Services - Youth
Public Foundation

Donor Accountability

Grade: D

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

Financial Transparency

Audited financial statements available only through official request for information from Canada Revenue Agency [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

2010 2011 2012
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #1

Avg. Compensation $69,544

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 0
$40k - $80k 1
< $40k 0
Information from most recent CRA Charities Directorate filings for F2012

About Canucks for Kids Fund:

The Canucks for Kids Fund (CFKF) raises funds to assist charities that support children’s health and wellness, to foster the development of grassroots hockey, and to facilitate and encourage education in British Columbia. Over the last 27 years, CFKF has granted more than $41m to charities in British Columbia. CKFK raises awareness and funds through several initiatives including the CFKF 50/50, CFKF Superskills Competition powered by Rogers, and the CFKF Telethon presented by Chevrolet. CFKF’s main beneficiaries are the Canucks Autism Network, Canuck Place Children’s Hospice and the BC Children’s Hospital Foundation. In addition to these grants, CFKF also operates a small number of programs, including the Canucks Centre for BC Hockey, which focusses on the grassroots development of hockey in the province, and Fin’s Friends, which teaches the basic elements of social responsibility to primary students throughout the province.

Financial Review:

In F2012, CFKF’s administrative costs were 0.6% of total revenues and fundraising costs were 34% of donations. CFKF has funding reserves of $674k, which cover 16% of annual program costs. Goods in kind refer to non-cash donations such as a rental suite at Rogers Arena and Vancouver Canucks season tickets.

Financial Ratios

Fiscal year ending July
Administrative costs as % of revenues 0.6%1.1%1.7%
Fundraising costs as % of donations 33.7%29.7%39.4%
Program cost coverage (%) 16.1%20.0%31.3%

Summary Financial Statements

All figures in $000s
Donations 1,1001,162921
Goods in kind 303297149
Lotteries (net) 1,7821,9071,922
Special events 2,1482,2971,790
Investment income 220
Total revenues 5,3345,6654,782
Program costs 168145116
Grants 4,0184,3733,242
Administrative costs 326379
Fundraising costs 1,0961,0261,068
Cash flow from operations 2157277
Funding reserves 6749031,052
Note: Ci presented 50/50 draws (lotteries) net of expenses, adjusting total revenues and expenses by ($1.8m) in F2012, ($1.9m) in F2011 and ($1.8m) in F2010.

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