Fondation de la Recherche Pédiatrique
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
A-
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
32%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 32 cents are available for programs.
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OVERVIEW
About Fondation de la Recherche Pédiatrique:
(Previously Fondation des Étoiles) Fondation de la Recherche Pédiatrique is a three-star charity. Is has an A- results reporting grade, which is above average. For every dollar donated to the charity, 32 cents are available to go to the cause. This is well outside Ci's reasonable range.
Founded in 1977, Fondation de la Recherche Pédiatrique (Foundation of Pediatric Research or FPR) fundraises for pediatric research grants in Québec. FPR changed its name in April 2023 from Fondation des Étoiles (Foundation of Stars). It reports that it is the largest non-government source of funding for pediatric research in Québec. These grants are distributed to the pediatric research units at the CHU Sainte-Justine, the Montreal Children’s Hospital, the CHU de Quebec and the CHU de Sherbrooke. Research projects investigate perinatal health, rare diseases, infection, neurodevelopment, mental health, brain cancer and artificial intelligence at every stage of a child and adolescent's health.
The charity’s F2023 annual report was not available at the time of this review. The F2022 annual report was used instead.
In F2022, FPR granted $166k to CHU de Sherbrooke. This grant supported a project investigating the prevalence of excessive aldosterone secretion in women with hypertensive disorders of pregnancy.
In F2022, Foundation of Stars granted $158k to CHU Sainte-Justine that supported two research projects. The first project is focused on revolutionizing the management of Berger's disease while the second is advancing a research network in perinatal determinants of child health.
The Montreal Children’s Hospital received $136k. This grant contributed to the funding of a research project on infection and immunity in the context of global health, and another project investigating the quantification of neonatal encephalopathy through the use of therapeutic hypothermia.
CHU de Quebec’s grant of $43k funded two research projects. The first project investigates the effect of supplementation of neurodevelopment of premature infants. The second investigates catheter-related blood clots in children with cancer.
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Results and Impact
A study conducted at McGill University investigated the mental health of families during covid-19. The study revealed that 78.5% of families had symptoms of anxiety, depression and poor family functioning above the threshold, providing researchers the tools necessary to create targeted interventions.
A second study conducted by researchers at CHU of Sherbrooke revealed that 16% of children in grades five and six have problematic attitudes and eating behaviours of worrying intensity.
A separate series of two studies investigated the impact of two school-based art therapy interventions on mental health of elementary school children. Results revealed that this form of intervention decreases children's hyperactivity, anxiety levels and levels of inattention.
In March 2020, a campaign was launched to fund a project investigating the effects of covid-19 on pregnant women and newborn children and the development of the CANCOVID-Preg registry. The study found that of 507 pregnant women infected by covid-19, 71% were symptomatic. 13% of women were hospitalized and 42% of these women were admitted to the intensive care unit. The charity reports that this research has contributed to over 4 national reports.
While Ci highlights these key results, they may not be a complete representation of Foundation of Pediatric Research’s results and impact.
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Finances
Foundation of Pediatric Research received $1.7m in donations and special events revenue in F2023. Administrative costs are 24% of revenue (excluding investment income), and fundraising costs are 44% of donations. This results in total overhead spending of 68%. For every dollar donated to the charity, 32 cents are available to go to the cause, which is outside Ci’s reasonable range for overhead spending.
The charity has $2.3m in reserve funds, which can cover 377%, or three years and nine months of its annual program costs.
This charity report is an update that has been sent to Foundation of Pediatric Research for review. Changes and edits may be forthcoming.
Updated on August 8, 2023 by Liam Chapleau.
Financial Review
Fiscal year ending March
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 24.1% | 22.9% | 20.9% |
| Fundraising costs as % of donations | 43.9% | 37.0% | 34.9% |
| Total overhead spending | 68.0% | 59.9% | 55.8% |
| Program cost coverage (%) | 376.6% | 420.2% | 413.6% |
Summary Financial StatementsAll figures in $s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 994,727 | 1,609,750 | 1,181,146 |
| Government funding | 0 | 68,809 | 168,571 |
| Special events | 728,392 | 108,120 | 398,025 |
| Investment income | 54,557 | 19,586 | 26,368 |
| Total revenues | 1,777,676 | 1,806,265 | 1,774,110 |
| Grants | 604,001 | 502,691 | 475,002 |
| Administrative costs | 415,955 | 408,575 | 365,871 |
| Fundraising costs | 755,652 | 635,683 | 550,981 |
| Total spending | 1,775,608 | 1,546,949 | 1,391,854 |
| Cash flow from operations | 2,068 | 259,316 | 382,256 |
| Capital spending | 0 | 0 | 0 |
| Funding reserves | 2,274,528 | 2,112,174 | 1,964,765 |
Note: Ci removed fundraising costs from revenue and included it within expenses, impacting revenue and expenses by $412k in F2023, $362k in F2022, and $291k in F2021. Ci excluded change in value of life insurance policies, impacting revenue by ($12k) in F2023, ($2k) in F2022, and ($23k) in F2021.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
1 |
$120k - $160k |
0 |
$80k - $120k |
0 |
$40k - $80k |
4 |
< $40k |
3 |
Information from most recent CRA Charities Directorate filings for F2022
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Comments & Contact
Comments added by the Charity:
Charity Contact
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