Fondation des Étoiles

317-300 de la Berge-du-Canal St.
Lachine, QC H8R 1H3
President & CEO: Josée Saint-Pierre
Board Chair: Michel Lanteigne

Charitable Reg. #: 89199 3545 RR0001
Sector: Health
Public Foundation

Donor Accountability

Grade: B-

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 upon request [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #13

Avg. Compensation $48,185

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 1
$40k - $80k 4
< $40k 5
Information from most recent CRA Charities Directorate filings for F2012

About Fondation des Étoiles:

Founded in 1977, the Fondation des Étoiles (FDE) is the largest non-government source of funding for pediatric research in Quebec. Since its founding, FDE has distributed more than $64.5m to research at the CHU Sainte-Justine, the Montreal Children’s Hospital, the CHU de Quebec and the CHU de Sherbrooke. Grants fund clinical and evaluative pediatric research in areas including cancer, mental illnesses, autism, respiratory diseases, neurological development and cardiology. FDE used to be known for its Téléthon des Étoiles, which has since been replaced by a number of other fundraising events including the Bal des Étoiles, the Web-thon of Stars, and a golf tournament. Since its founding, there have been enormous strides in pediatric health in Quebec, including a 50% reduction in sudden infant death syndrome, an increase in the life expectancy of children with Cystic Fibrosis from 4 to 37 years, and the identification of a fifth gene of the 15 suspected of being related to Type 1 diabetes.

Financial Review:

In F2013, FDE’s administrative costs were 21% of revenues while fundraising costs were 33% of donations. FDE has funding reserves of $679k, which cover 42% of annual grants to pediatric research.

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 20.7%20.6%22.0%
Fundraising costs as % of donations 32.9%41.2%48.3%
Program cost coverage (%) 42.4%37.7%25.9%

Summary Financial Statements

All figures in $s
Donations 3,990,1804,124,7084,181,698
Investment income 4,2286,36212,832
Total revenues 3,994,4084,131,0704,194,530
Grants 1,600,0001,600,0012,000,000
Administrative costs 827,177848,319921,510
Fundraising costs 1,312,8581,700,8032,020,637
Cash flow from operations 254,373(18,053)(747,617)
Funding reserves 679,137603,519518,200
Note: Ci adjusted administrative costs for the increase in value of life insurance policies by ($10k) in F2013 and ($5k) in F2012.

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