50 Bay Street, Suite 500
Toronto, ON M5J 2L2
Executive Director: Tanya Mruck
Board Chair: Aris Kaplanis

Charitable Reg. #:89611 4048 RR0001

STAR RATING

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

[Charity Rating: 4/5]

✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

B-

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.

83%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 83 cents are available for programs.



My anchor

Programs

About MLSE Foundation:

Established in December 2009, Maple Leaf Sports and Entertainment (MLSE) Foundation funds youth programs and helps to refurbish local athletic facilities. MLSE Foundation believes that all youth should have the opportunity to participate in sport. The foundation states that parents spend an average of $579 each year on sport, making it unaffordable for low-income households. Further, less than 10% of Ontario’s youth are getting enough physical activity. Since 2009, MLSE Foundation has spent $35 million on programs and grants that align with their four impact areas: healthy body, healthy mind, ready for school, and ready for work.

MLSE Launchpad represented 67% of program spending in F2019. MLSE Launchpad is a 42,000 square foot facility in Toronto with one large gymnasium, three classrooms, a rock-climbing wall, a teaching kitchen, and a wellness room. MLSE Launchpad offers free sport, life skills, and employment training programs for youth aged 6-29. In F2018, the foundation provided 55 weekly programs and 6,072 program hours to its 3,716 members.

Community grants represented 20% of program spending in F2019. MLSE Foundation grants up to $50,000 to Ontario-based organizations that meet certain criteria. Grantees must align with the foundation’s four impact areas and value diversity in their programming. Through Community Action Grants, MLSE Foundation has provided funding to 65 organizations. In F2018, the foundation invested $250,000 in community programs operating at Regent Park Athletic Grounds.

Community projects represented 8% of program spending in F2019. In partnership with other community organizations, MLSE Foundation operates three main community programs. Hockey in the Neighbourhood runs every weekend from September through March and provides equipment and on-ice instruction to youth aged 6-12. KickStart Soccer is a nine-week program led by community coaches that help youth increase friendships and improve soccer skills. Beyond the Rim Basketball is a mentorship program for high-risk communities in Scarborough. The program empowers local high school students to act as mentors and coaches in academics and basketball.

Community space projects represented 5% of program spending in F2019. The program aims to reinvigorate community spaces through community-led space design. In F2018, MLSE Foundation collaborated with the City of Toronto to refurbish Sir Adam Beck Rink and launch a girls’ Hockey in the Neighbourhood program.

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Results and Impact

In F2018, MLSE Foundation released survey results on MLSE Launchpad programs. According to the survey, 85% of participants demonstrated improvement in physical literacy. 98% of youth at MLSE Launchpad felt like they matter, and 93% of summer participants report an increase in confidence. The charity does not report the proportion of participants that the surveys reached.

Results data is from F2018 as the 2019 Annual Report has not been posted on the charity's website at the time this report was created.

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Finances

MLSE Foundation is a Large charity, receiving $11m in donations and special event revenue in F2019, up 90% from $5.8m in F2018 largely due to a $4.6m increase in deferred donations. The charity also received donated goods-in-kind worth $173k in F2019, down from $325k in F2018. Net lottery revenue was $1.7m in F2019 down from $2.0m in F2018.

Administrative costs are 1% of revenues and fundraising costs are 16% of donations. For every dollar donated, 83 cents go the cause. This is within Ci’s reasonable range for overhead spending. Funding reserves of $7.9m can cover 1.3 years of annual program costs.

This charity report is an update that has been sent to MLSE Foundation for review. Changes and edits may be forthcoming.

Updated on June 10, 2020 by Tenzin Shomar.

Financial Review


Financial Ratios

Fiscal year ending June
201920182017
Administrative costs as % of revenues 1.0%1.7%1.2%
Fundraising costs as % of donations 16.1%30.9%19.8%
Total overhead spending 17.1%32.6%20.9%
Program cost coverage (%) 129.8%18.9%11.3%

Summary Financial Statements

All figures in $000s
201920182017
Donations 8,1023,1175,707
Goods in kind 173325390
Lotteries (net) 1,6772,0181,813
Special events 2,9062,6732,738
Investment income 2030
Total revenues 12,8778,13610,649
Program costs 5004664,221
Grants 5,6167,2364,705
Administrative costs 133142123
Fundraising costs 1,7731,7871,671
Total spending 8,0229,63010,720
Cash flow from operations 4,856(1,494)(71)
Capital spending (10)00
Funding reserves 7,9401,4521,009

Note: Ci deducted lottery expenses from lottery income, lowering total revenue and total costs by $6.3m in F2019, $2.9m in F2018, and $2.9m in F2017. Ci included deferred contributions in donations, increasing revenues by $4.6m in F2019 and decreasing revenues by $580k in F2018, and $74k in F2017.

Salary Information

Full-time staff: 2

Avg. Compensation: $57,957

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
2
< $40k
0

Information from most recent CRA Charities Directorate filings for F2019

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Comments & Contact

Comments added by the Charity:

No comments have been added by charity

Charity Contact

Website: www.mlsefoundation.org
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-815-5400 ext. 2427

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