Kinsmen Care Foundation
Calgary, AB T2E 8R2
Executive Director: Bob Wallace
Board Chair: Robin Stanton
Charitable Reg. #: 89319 2567 RR0001
Grade: DThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Full-time staff #0
Avg. Compensation $0
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||0|
About Kinsmen Care Foundation:
Founded in 1992, the Kinsmen Care Foundation exists to positively address the needs of its community with fundraising efforts, through creative projects, and the establishment of a financial base, from which it can respond to the community’s current and emerging needs. The Foundation is affiliated with the Stampede City Kinsmen, one of 500 Kin clubs in Canada. Kin Canada is a community-based organization that hosts and sponsors events and community service projects.
The Foundation’s sole initiative is to raise funds through an annual lottery for the Alberta Children’s Hospital Foundation (ACHF). All of the Foundation’s grants in the fiscal years reported below have been to the ACHF. In F2011, the lottery earned $4.4m in gross revenue and incurred $4.0m in expenses.
The Foundation’s financial statements are unaudited. Administrative costs are 6% of revenue and the Foundation reported no fundraising costs outside of lottery-related fundraising. The Foundation has funding reserves of $350k, which cover 77% of annual program costs. The Foundation reported no compensation costs in any of its operating years.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||5.6%||2.8%||3.8%|
|Fundraising costs as % of donations||0.0%||0.0%||0.0%|
|Program cost coverage (%)||76.7%||42.6%||41.2%|
Summary Financial StatementsAll figures in $s
|Cash flow from operations||(4,636)||(94,818)||(43,068)|