Just for Kids Foundation

1420 - 3400 Boulevard de Maisonneuve Ouest
Westmount, QC H3Z 3B8
Executive Director: Jean Stutsman
Board Chair: Rochelle Lerner Silverman

Website: www.jfkfoundation.ca
Charitable Reg. #: 13097 0932 RR0001
Sector: Health - Hospital Foundation
Public Foundation

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.

Financial Transparency

Audited financial statements available only upon request

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #2

Avg. Compensation $64,762

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 1
< $40k 1
Information from most recent CRA Charities Directorate filings for F2013

About Just for Kids Foundation:

Founded in 1987 by a small group of concerned parents, Just For Kids Foundation (JFK) fundraises to purchase urgently-needed medical equipment for the Montreal Children's Hospital (MCH). JFK is a group of dedicated volunteers with two staff members who rally the community on behalf of MCH. Fundraising events include golf tournaments, lemonade stands, bake sales, hockey challenges and gala events, like Dancing with the Stars. JFK has raised over $7m for MCH. Most recently, JFK contributed $1m to outfit a new operating room and a pediatric day hospital. JFK's efforts also purchased a portable ultrasound unit, for $120k, to perform cardiac exams, reducing substantial delays for kids in clinics in northern Quebec and also at MCH. This equipment is estimated to benefit 350-400 patients a year.

Montreal's new children's hospital is opening in 2015. JFK has contributed more than $1m to this project over the last 3 years. The 2015 campaign's goal is to raise $500k for equipment in the Otolaryngology (ear, nose and throat) and Urology departments. This equipment will allow better and faster diagnoses for children, and less invasive treatment.

Financial Review:

JFK's administrative costs are 24% of revenues and fundraisings costs are 24% of donations and fundraising events. JFK has funding reserves of $660k that cover its most recent grant to MCH 1.3 times. JFK's financials are a Notice to Reader which is appropriate for a medium-sized charity.

Financial Ratios

Fiscal year ending December
Administrative costs as % of revenues 23.7%24.9%
Fundraising costs as % of donations 23.9%24.3%
Program cost coverage (%) 132.0%146.9%

Summary Financial Statements

All figures in $s
Donations 492,927585,236
Special events 449,623293,610
Other income 6,3286,757
Total revenues 948,878885,603
Grants 500,000450,000
Administrative costs 224,906220,101
Fundraising costs 224,860213,250
Cash flow from operations (888)2,252
Funding reserves 660,124661,012

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