Manning Foundation

100-514 11 Ave SW
Calgary, AB T2R 0C8
President & CEO: Preston Manning
Director: Ken Craig

Website: www.manningfoundation.org
Charitable Reg. #: 82246 7478 RR0001

Sector: Research & Public Policy

Operating Charity

Charity Rating

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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 [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¢

2012	2013	2014

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

Full-time staff #9

Avg. Compensation $29,037

Top 10 Staff Salary Range

$350k +	0
$300k - $350k	0
$250k - $300k	0
$200k - $250k	0
$160k - $200k	1
$120k - $160k	0
$80k - $120k	0
$40k - $80k	6
< $40k	2

Information from most recent CRA Charities Directorate filings for F2014

About Manning Foundation:

Founded in 2007, the Manning Foundation (MF) strives to fund the education of people about the tools, principles, ethics and values of participatory democracy.

The Foundation funds the development of training courses that aim to strengthen the knowledge, skills, ethical foundations, communication and leadership capacities of front-line participants in the democratic process. These courses may be customized by third parties for delivery to political volunteers, campaign teams, political staff, interest groups, and candidates for public office. MF also funds research projects that will help inform policy debate, bridge knowledge gaps, and develop core curriculum for political education and training programs. This research is undertaken by third parties, under contract, or by Fellows of the Foundation.

MF funds an annual national public opinion survey on Canadian public attitudes toward major policy issues, including the extent to which Canadians share conservative and other political values. The latest edition of this survey was released in January 2015.

Financial Review:

Administrative costs are 3% of revenues and fundraising costs represent 5% of donations.

The Foundation has negative funding reserves due to a $1.4m term loan, which is expected to mature in June 2017.

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

Updated August 11, 2015 by Yash Ahuja.

Financial Ratios Fiscal year ending December	2014	2013	2012
Administrative costs as % of revenues	3.2%	7.7%	1.3%
Fundraising costs as % of donations	4.6%	7.2%	0.9%
Program cost coverage (%)	(47.6%)	(130%)	(139.4%)

Summary Financial Statements All figures in $s	2014	2013	2012
Donations	1,219,893	941,856	1,649,020
Fees for service	664,447	634,336	376,679
Business activities (net)	89,244	89,244	37,185
Investment income	4,599	717	273
Total revenues	1,978,183	1,666,153	2,063,157
Program costs	958,418	1,017,852	886,478
Administrative costs	63,803	128,034	27,409
Fundraising costs	55,993	67,452	14,658
Other costs	57,134	76,773	21,736
Cash flow from operations	842,835	376,042	1,112,876
Funding reserves	(456,444)	(1,323,228)	(1,236,026)

Note: Ci adjusted deferred revenues and deferred capital contributions to recognize revenue in the year received changing revenues by $641k in 2014, $197k in 2013 and $1.1m in 2012. There was an error in the charity's CRA T3010 filing for 2014, so the 2013 numbers were used instead.

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