Tim Horton Children's Foundation
St. George, ON N0E 1N0
Executive Director: Dave Newnham
President: Bill Moir
Charitable Reg. #: 11926 4885 RR0001
Grade: B-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Full-time staff #110
Avg. Compensation $49,439
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||1|
|$160k - $200k||0|
|$120k - $160k||2|
|$80k - $120k||7|
|$40k - $80k||0|
About Tim Horton Children's Foundation:
Founded in 1974, the Tim Horton Children’s Foundation gives children from low-income families the chance to develop life skills they need for a successful future. In North America, one in six children live in a low-income home. The Foundation runs camp programs for these kids with the goal that they develop a positive attitude about their future and confidence and thus can succeed in life.
Tim Horton Children’s Foundation has two core programs. Its Youth Leadership and Community Group programs are both camp programs offered to kids at no cost to the family.
Tim Horton Children’s Foundation offers its camp programs at seven locations in Canada. Camp Whiteshell is the newest camp location, which opened in June 2015 in Pinawa, Manitoba. The charity’s annual report states that over 19,000 kids attended its camp programs in 2016.
Tim Horton Children’s Foundation measures its camp programs' impact using three strategies: camp interviews, parent/guardian surveys and Youth Leadership Program Graduate surveys. In 2015, results of the Parent/Guardian survey showed that 86% of parents felt that their kids were more willing to take on responsibility after finishing one of the three camp programs. Results also showed that 89% of parents thought that their child was more comfortable meeting new people after going to camp.
Tim Horton Children’s Foundation is a Major 100 charity with donations and special events revenues of $29.7m in F2016. Its administrative costs are 7% of revenues and its fundraising costs are 8% of donations. For every dollar donated, 85 cents go towards Tim Horton Children’s Foundation’s programs, falling within Ci’s reasonable range. The charity has funding reserves of $5.1m, resulting in a program cost coverage ratio of 25%. This means that the charity can cover 3 months of its annual program costs using its existing reserves, indicating a need for funding.
This charity report is an update that is currently being reviewed by the Tim Horton Children’s Foundation. Changes and edits may be forthcoming.
Updated on July 28, 2017 by Kevin Silberberg.
Financial RatiosFiscal year ending October
|Administrative costs as % of revenues||7.0%||6.4%||7.0%|
|Fundraising costs as % of donations||7.8%||9.0%||10.0%|
|Program cost coverage (%)||25.0%||11.1%||37.3%|
Summary Financial StatementsAll figures in $000s
|Fees for service||417||1,886||1,754|
|Cash flow from operations||5,532||6,109||5,635|