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Rotary Foundation Canada

PO Box 4090 STN A
Toronto, ON M5W 0E9
President: Reid Asselstine
Vice President: John Stairs

Charitable Reg. #: 11912 5797 RR0001
Sector: Social Services
Operating Charity

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

2013 2014 2015
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #1

Avg. Compensation $51,076

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 F2015

About Rotary Foundation Canada:

Founded in 1967, the Rotary Foundation of Canada enables Rotarians to advance world understanding, goodwill, and peace through the improvement of health, the support of education, and the alleviation of poverty. Rotary International is a community-based service organization whose mission is to bring together business and professional leaders in order to provide humanitarian services. There are 735 Canadian clubs registered with Rotary International. The Foundation receives all its donations from these Canadian clubs.

The Foundation raises funds for Rotary International’s programs which are categorized as PolioPlus, global humanitarian projects and district-level projects. In F2016, 29% of program expenses went towards PolioPlus, a program which provides funding and mobilizes volunteer support to eradicate polio around the world. The success of this program can be seen in the near eradication of the disease. The World Health Organization reports that the number of polio cases worldwide has decreased by more than 99%, from an estimated 350,000 in 125 countries in 1988 to 37 reported cases in 3 countries (Pakistan, Afghanistan and Nigeria) in 2016. Despite the progress, the World Health Organization reports that as long as a single child remains infected, children in all countries are at risk of contracting polio due to the infectious nature of the disease. 

Its global humanitarian projects are in the areas of peace and conflict prevention, disease prevention and treatment, basic education and literacy and many more. District-level projects enable Rotary clubs to address immediate needs within local communities.

It reports that its Hard To Reach project in Nigeria has delivered over 90,000 doses of vitamin A supplements and over 99,000 deworming tablets to isolated communities in need of medical care as well as polio vaccinations.

Financial Review:

Rotary Foundation of Canada is considered a large-cap charity with donations of $9.5m in F2015. Its administrative costs are 2% of total revenues and fundraising costs are 4% of donations. For every dollar donated, 94 cents goes to the cause, falling within Ci’s reasonable range. Total funding reserves stand at $30.4m which can cover program costs for just under 4 years. The Foundation has only one reported employee. 

This charity report is an update that is being reviewed by Rotary Foundation of Canada. Changes and edits may be forthcoming.

Updated on June 15, 2017 by Josh Lam.

Financial Ratios

Fiscal year ending June
Administrative costs as % of revenues 2.2%2.8%3.8%
Fundraising costs as % of donations 3.8%4.1%4.9%
Program cost coverage (%) 384.8%421.2%333.2%

Summary Financial Statements

All figures in $000s
Donations 9,5287,4267,002
Investment income 2,1813,5522,516
Total revenues 11,70910,9789,519
Program costs - International 7,1114,5203,778
Program costs - Canada (64)01,757
Grants 847992330
Administrative costs 207209268
Fundraising costs 358307344
Cash flow from operations 3,2504,9513,043
Funding reserves 30,37623,21219,537
Note: Ci removed foreign exchange losses from investment income revenues, changing revenues by ($2k) in F2013. The total of expense items on the audited financial statements for F2015 do not add to the stated totalexpenses. Ci has used the individual items making total expenses $20k higher than reported by the charity. The ($64k) from program costs corresponds to legacy program costs.

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