True Patriot Love Foundation
Toronto, ON M5S 1N5
President: Bronwen Evans
Board Chair: Shaun Francis
Charitable Reg. #: 81464 6493 RR0001
Grade: CThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Full-time staff #6
Avg. Compensation $81,827
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||1|
|$160k - $200k||1|
|$120k - $160k||0|
|$80k - $120k||1|
|$40k - $80k||3|
About True Patriot Love Foundation :
Founded in 2009, True Patriot Love Foundation (TPLF) bridges gaps in government funding to support Canadian military personnel and their families. Leveraging its expertise in fundraising, TPLF has granted more than $7m to military charities across Canada. TPL seeks to change the conversation about veterans through hosting international conferences and organizing expeditions.
In 2013, TPLF granted $1.8m to various military charities including $730k to Military Families Fund to provide medical care, child care and travel expenses for families with ill and injured members and also aid to military families with special needs children, $604k to 18 Military Family Resource Centres on Canadian Armed Forces bases that provide programs to military families, $150k to Prince Charles's charity to provide entrepreneurial workshops to help military personnel start up businesses, and $89k to Camp Maple Leaf to provide summer camp for children of military personnel.
In November 2014, TPLF pledged $5m to fund research and programs to improve the mental health of Canadian Forces personnel, veterans and their families. In partnership with the Government of Canada and government agency, CIMVHR, this will fund over 1,000 researchers across Canada. TPLF reports over 3,900 soldiers who served in Afghanistan suffer from post-traumatic stress disorder. Since 2004, more Canadian soldiers have committed suicide than the 134 killed in combat in Afghanistan.
In 2014 TPLF reported administrative costs at 10% of revenues and fundraising costs at 34% of gala revenues and donations. TPLF's fundraising centres around marquee galas. Gala expenses were 51% of gala revenues in 2013. In 2014, gala revenues nearly doubled compared with 2013, due to galas added in Calgary, Halifax and Montreal. These higher revenues generated an operating surplus, increasing funding reserves to $2.3m. Funding reserves cover 63% of grants and TPLF's programs. TPLF has made grant commitments of $6.1m, with $1.2m committed for 2015.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||10.1%||18.3%||6.7%|
|Fundraising costs as % of donations||33.7%||29.9%||44.3%|
|Program cost coverage (%)||62.8%||54.4%||76.9%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||622||(573)||(1,036)|