Sunnybrook Foundation

H332-2075 Bayview Avenue
Toronto, ON M4N 3M5
President & CEO: Dr. Jon Dellandrea
Board Chair: Perry Dellelce

Website: www.sunnybrook.ca/foundation/
Charitable Reg. #: 89920 9118 RR0001

Sector: Health - Hospital Foundation

Public Foundation

Charity Rating

Subscribe now for charity ratings

Donor Accountability

Grade: C

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 for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

♦	♦	♦
			95¢



			75¢
			avg
			65¢


			50¢

2014	2015	2016

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

Full-time staff #62

Avg. Compensation $113,724

Top 10 Staff Salary Range

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

Information from most recent CRA Charities Directorate filings for F2016

About Sunnybrook Foundation:

Sunnybrook is an academic health sciences centre affiliated with the University of Toronto. Its vision is to invent the future of health care. Sunnybrook Health Sciences Centre Foundation (Sunnybrook Foundation) is the fundraising organization for Sunnybrook Health Sciences Centre and helps raise funds in support of research, education and equipment initiatives at Sunnybrook. According to its Report to Donors, Sunnybrook is renowned "the world over for its clinical leadership in cancer, stroke and heart, trauma and high-risk babies and mothers." Sunnybrook invented digital mammography and "one-day" breast cancer radiation therapy, and performed Toronto's first minimally-invasive heart bypass. In 2013, Sunnybrook received a $10m investment from The Slaight Family Foundation to start The Slaight Centre for Image-Guided Brain Therapy and Repair.

Sunnybrook Foundation’s current focus is on its primary areas of need, which are in the fields of: brain, cancer, women and babies, heart, research, trauma, and education. In F2016, it distributed $19.9 million to Sunnybrook to support these fields.

Financial Review:

Sunnybrook Foundation is a Major 100 charity with donations of $51.7m in F2016. Its administrative costs were 14% of revenues, and its fundraising costs were 11% of donations. For every dollar donated, 75 cents go towards Sunnybrook Foundation’s programs, falling within Ci’s reasonable range. Sunnybrook Foundation has funding reserves of $210.3m, resulting in a program cost coverage ratio of 734%. This means that Sunnybrook Foundation can finance 7.3 years of its annual program costs using its existing reserves.

Sunnybrook Foundation uses external fundraisers as part of its fundraising activities. The charity reports $1.4m in fundraising costs for external fundraisers that raised $1.9m in F2016, producing an external fundraising cost ratio of 71%.

This charity report is an update that is being reviewed by Sunnybrook. Changes and edits may be forthcoming.

Updated on June 14, 2017 by Kevin Silberberg.

Financial Ratios Fiscal year ending March	2016	2015	2014
Administrative costs as % of revenues	13.8%	15.0%	18.4%
Fundraising costs as % of donations	11.1%	11.8%	12.7%
Program cost coverage (%)	733.5%	1,004.3%	871.8%

Summary Financial Statements All figures in $000s	2016	2015	2014
Donations	51,726	47,439	39,064
Business activities (net)	3,813	2,815	2,201
Investment income	249	15,049	16,964
Total revenues	55,788	65,303	58,229
Program costs	28,666	19,919	19,039
Administrative costs	7,656	7,531	7,582
Fundraising costs	5,740	5,592	4,946
Cash flow from operations	13,727	32,261	26,662
Funding reserves	210,262	200,042	165,975

Note: Ci has allocated the direct expenditures related to community events as fundraising costs, affecting both revenues and expenses by $71k in F2014.

Comments added by the Charity:

No comments have been added by charity