Terry Fox Foundation
Burnaby, BC V5A 4Y6
Executive Director: Britt Andersen
Board Chair: Bill Pristanski
Charitable Reg. #: 10809 9979 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
Cents to The Cause
Full-time staff #31
Avg. Compensation $75,951
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||2|
|$80k - $120k||4|
|$40k - $80k||4|
About Terry Fox Foundation:
Terry Fox Foundation (TFF) started after Terry Fox’s Marathon of Hope in 1980. Terry Fox, a 20-year old cancer patient, ran 5,373 kilometers across Canada to raise awareness and funds for cancer research. He passed away in June, 1981. Terry Fox Foundation’s mission is to realize Terry Fox’s vision of a world without cancer by funding innovative cancer research. TFF primarily funds cancer research at the Terry Fox Research Institute, the research arm of the foundation and a related party. TFF funds discovery research (52%), translational research (39%) and training new researchers (9%). Translational research involves applying research findings to treatment directly.
In F2016, Terry Fox Foundation distributed $23.1m to Terry Fox Research Institute and $597k to international cancer research organizations. Approximately 97% of the Research Institute's funding comes from the Terry Fox Foundation. Since its inception, TFF has funded 1,291 cancer research projects. It works with 70 universities and research institutions each year. TFF has committed to give $40m to 23 translational cancer research projects over the next few years.
Terry Fox Research Institute-funded researchers in British Columbia made progress in diagnosing a rare sub-type of ovarian cancer that has been very difficult to identify. TFF has supported this project over the course of 6 years. Their findings were published in the Journal of the National Cancer Institute in June of 2016.
The Terry Fox Research Institute is a member of the Canadian Cancer Research Alliance, an alliance that believes collaboration is the key to maximizing impact on cancer control and research.
Terry Fox Foundation is one of the Major 100 charities of Canada. In F2016, it received donations of $20.3m. Administrative costs are 9% of revenues and fundraising costs come to 16% of donations. For every dollar donated, 75 cents goes to the cause, falling within Ci’s reasonable range. TFF has funding reserves of $85.7m that can cover 3.6 years of program costs.
This charity report is an update that is being reviewed by the charity. Changes and edits may be forthcoming.
Updated on May 23, 2017 by Josh Lam.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||8.9%||5.5%||5.4%|
|Fundraising costs as % of donations||15.6%||14.7%||13.1%|
|Program cost coverage (%)||361.2%||386.5%||344.6%|
Summary Financial StatementsAll figures in $000s
|Business activities (net)||111||136||(18)|
|Cash flow from operations||(5,671)||1,512||(436)|