Centre for Addiction and Mental Health Foundation

100 Stokes Street, 5th Floor
Toronto, ON M6J 1H4
President & CEO: Deborah Gillis
Board Chair: R. Jamie Anderson

Charitable Reg. #:10693 2320 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

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✔+

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.

72%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 72 cents are available for programs.



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OVERVIEW

About Centre for Addiction and Mental Health Foundation:

Founded in 1988, the Centre for Addiction and Mental Health Foundation (CAMH Foundation) raises money to support mental health research, care, and education at CAMH. Based in Toronto, CAMH is Canada’s largest mental health and addiction hospital network. The foundation states that while mental illness accounts for around 10% of diseases affecting Ontarians, it receives only 7% of healthcare funding. This represents an estimated funding deficit of $1.5 billion each year. Roughly one in two Canadians will experience mental illness by the time they reach 40 years of age.

In F2021, CAMH Foundation provided grants to CAMH in five main areas. These included Research, Capital and Redevelopment, Programs, Education, and Public Awareness.

Research represented 41% of grants in F2021. CAMH Foundation funds mental health research in three main areas: brain science, personalized care, and policy and prevention. These research areas cover projects seeking to understand mental illness, initiatives designed to improve patient care, and studies surrounding effective policy on addiction and mental health. As of F2021, CAMH researchers have published 869 articles in peer-reviewed journals. CAMH Foundation also funded 17 research chair positions in F2021.

Capital and Redevelopment made up 40% of grants. These funds go toward new hospitals, buildings, and renovations. In November 2020, CAMH Foundation opened two new hospital buildings: the Crisis & Critical Care Building and the McCain Complex Care & Recovery Building. The two buildings feature 600,000 square feet of space and 235 inpatient beds. During F2021, CAMH moved 225 patients into the new buildings. In late 2021, the charity aims to begin redeveloping CAMH’s centres for patients with complex mental illnesses who have encountered the legal system.

Programs represented 16% of grants in F2021. CAMH Foundation aims to provide high-quality patient care at each of its locations. In F2021, CAMH hospitals received 34,474 unique patients, including 32,187 outpatients and 3,040 inpatients. CAMH also received 11,767 emergency department visits during the year. In response to the covid-19 pandemic, CAMH Foundation helped to expand virtual care services and technology programs. In F2021, it helped to train around 400 clinicians in virtual care, serving more than 3,000 patients from 550 communities. The charity also provided 500 tablets for patients to stay connected with family members and care workers.

Education and Public Awareness programs each received around 1% of the remaining grants. In F2021, CAMH’s online covid-19 resources received around 668,000 unique views. Less than 1% of grants also went to organizations aside from CAMH. These included grants to support mental health programs at SickKids Foundation and community gardens at FoodShare Toronto.

 

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Results and Impact

According to its most recent count in 2019, CAMH Foundation states that each of its research papers receives an average of 14.8 citations. During F2021, a CAMH research study discovered a new potential treatment for post-traumatic stress disorder (PTSD). Led by Dr. Fang Liu, the study identified an elevated protein complex among PTSD patients. Subsequently, the team developed a peptide, or a chain of amino acids, that disrupted the protein complex and prevented the recall of fear memories in early tests. CAMH has since filed a patent for the treatment method and will continue with further trials.

While Ci highlights these key results, they may not be a complete representation of CAMH Foundation’s results and impact. This charity is not yet rated on impact (n/r).

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Finances

CAMH Foundation is a Major 100 charity, one of Canada’s largest charities in terms of donations. It received $54.9m in donations and special events revenue in F2021, down 42% from the year before. Combined administrative and fundraising costs are 28% of revenues (less investment income). For every dollar donated to the charity, 72 cents go to the cause. This is within Ci’s reasonable range for overhead spending.

CAMH Foundation has $264.8m in funding reserves, of which $23.7m is donor-endowed. Excluding donor-endowed funds, the charity can cover around 6.7 years of annual grant costs with its existing reserves. Its funding reserves contributed $29.3m in investment income in F2021, at an estimated rate of return of 13% (compared to an investment loss of $5.7m at a return of -3% in F2020). Over the last ten years, Ci estimates that CAMH Foundation's investment returns have averaged 4%.

CAMH Foundation discloses related party transactions. In F2021, it paid $31.0m in grants and $5.8m in unpaid amounts from prior years to CAMH. Included in grants is $32k in donated capital assets, goods, and services. The charity also paid $7.8m to reimburse CAMH for payroll processing costs during the year.

According to its most recent CRA filing in F2020, CAMH Foundation uses external fundraisers. It paid external fundraisers $3.8m to raise $4.8m in F2020, at a cost of $0.78 per dollar raised.

Charity Intelligence has sent this update to CAMH Foundation for review. Changes and edits may be forthcoming.

Updated on August 12, 2021 by Eric Zhao.

Financial Review


Financial Ratios

Fiscal year ending March
202120202019
Fundraising & admin costs as % of revenues 28.3%16.2%18.8%
Total overhead spending 28.3%16.2%18.8%
Program cost coverage (%) 671.8%458.8%1,024.0%

Summary Financial Statements

All figures in $000s
202120202019
Donations 53,75486,98667,906
Goods in kind 323,266344
Special events 1,1787,6336,677
Investment income 29,265(5,729)9,149
Total revenues 84,22892,15684,075
Grants 37,06747,39819,350
Donated goods exp 323,266344
Fundraising & administrative costs 15,54915,81214,059
Total spending 52,64866,47633,753
Cash flow from operations 31,58025,68050,322
Capital spending 1241182
Funding reserves 264,767232,939207,202

Note: To report on a cash basis, Ci adjusted grants by changes in amounts due to CAMH hospitals. This affected expenses by $5.8m in F2021, $1.8m in F2020, and ($1.1m) in F2019. Ci reported donated capital assets, goods, and services as goods in kind, removing the amounts from donations and grants. Ci removed amortization from combined overhead costs.

Salary Information

Full-time staff: 57

Avg. compensation: $139,065

Top 10 staff salary range:

$350k +
2
$300k - $350k
1
$250k - $300k
0
$200k - $250k
2
$160k - $200k
5
$120k - $160k
0
$80k - $120k
0
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2020

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Comments & Contact

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Charity Contact

Website: www.camh.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-979-6909

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