Terry Fox Foundation
Burnaby, BC V5A 4Y6
Executive Director: Britt Andersen
Board Chair: Bill Pristanski
Charitable Reg. #: 10809 9979 RR0001
Social Results Reporting
Grade: B-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Program Cost Coverage
Full-time staff #28
Avg. Compensation $70,761
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||1|
|$80k - $120k||1|
|$40k - $80k||8|
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 of cancer. He passed away in June, 1981. Terry Fox Foundation's mission is to realize Terry Fox's dream of raising one dollar for cancer research for every Canadian. TFF supports cancer research at Terry Fox Research Institute and other cancer research centres. TFF focuses on funding translational research, discovering new treatments and training new researchers. Translational research involves applying research findings to treatment directly.
In F2015, Terry Fox Foundation distributed $20.9m to Terry Fox Research Institute, $1.7m to international cancer research organizations and $970k to Canadian Institute of Health Research. TFF funded 1,212 cancer research projects in F2015. It works with 55 universities and supports up to 15 scholarships for emerging researchers each year. TFF has committed to give $40m to 23 translational cancer research projects over the next few years.
In F2015, Terry Fox Foundation funded researchers in Ottawa made progress in treating pancreatic cancer. TFF has supported this project for over 10 years. TFF also supported genome research at University of British Columbia where researchers improved personalized cancer treatment methods, especially for lymphoma patients.
Terry Fox Foundation is one of the Major 100 charities of Canada. In F2015, it received donations of $20.7m. Administrative costs are 6% of revenues and fundraising costs come to 15% of donations. Total overhead costs are 20%, falling within Ci's reasonable range. TFF has funding reserves of $89m that can cover 3.8 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 July 4th, 2016 by Mirza Shakir.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||5.5%||5.4%||5.5%|
|Fundraising costs as % of donations||14.7%||13.1%||13.4%|
|Program cost coverage (%)||376.0%||344.6%||323.0%|
Summary Financial StatementsAll figures in $000s
|Business activities (net)||136||(18)||34|
|Cash flow from operations||1,512||(436)||(4,353)|