Toronto, ON M5G 2L3
CEO: Ted Garrard
Board Chair: Kathleen Taylor
Charitable Reg. #: 10808 4419 RR0001
Grade: BThe 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 #166
Avg. Compensation $105,946
Top 10 Staff Salary Range
|$300k - $350k||1|
|$250k - $300k||5|
|$200k - $250k||2|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||0|
About SickKids Foundation:
Founded in 1972, SickKids Foundation is the fundraising organization for the Hospital for Sick Children in Toronto. The hospital is one of the world's top pediatric healthcare institutions and Canada's leading centre dedicated to advancing children's health through the integration of patient care, research and education. In F2016, the Hospital received 301,997 emergency and clinic visits, admitted 15,988 patients, and performed 12,415 surgeries. SickKids’ Liver Transplant Program is the largest pediatric program in Canada.
The SickKids Research Institute had 1,730 research staff and 2,502 research trainees who worked on research projects in F2016. Research teams conducted the largest-ever suicide-risk study and found that most deaths occur well after the first suicide attempt. For F2017, SickKids hopes to improve suicide prevention through programs that monitor and support high-risk patients in the long-term. In F2016, SickKids Foundation and Cystic Fibrosis Canada have partnered to create the Program for Individualized Cystic Fibrosis Therapy. SickKids hopes to create a national resource that will accelerate the development and improvement of treatments for patients.
SickKids Foundation is one of Canada’s 100 largest charities based on donations. In F2016, SickKids Foundation received $117.2m in donations and $16.1m in special events revenue. Individual giving contributed the most to the foundation's total revenue at $60.5m (44% of total revenue). Administrative costs are 5% of revenues and fundraising costs are 25% of donations. As such, for every $1 donated, 70 cents go towards the cause. This falls within Charity Intelligence’s reasonable range.
The Foundation has funding reserves of $1.1b (including $684m of donor-endowed funds), which cover annual program costs 12.3 times (or 7.2 times excluding donor-endowed funds).
This charity report is an update that is being reviewed by SickKids Foundation. Changes and edits may be forthcoming.
Updated on May 24, 2017 by Juliana Badovinac.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||4.6%||4.2%||4.1%|
|Fundraising costs as % of donations||24.8%||23.4%||25.0%|
|Program cost coverage (%)||1,226.1%||1,008.4%||731.7%|
Summary Financial StatementsAll figures in $000s
|Business activities (net)||1,634||1,388||1,747|
|Cash flow from operations||(9,123)||125,811||41,044|