Prostate Cancer Fight Foundation

424-300 Earl Grey Drive
Ottawa, ON K2T 1C1
President: Garry Janz
Board Chair: Lynn Norton

Website: www.pcff.org
Charitable Reg. #: 85133 3179 RR0001
Sector: Health - Cancer
Public Foundation

Donor Accountability

Grade: C+

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 through official request for information from Canada Revenue Agency [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #2

Avg. Compensation $65,025

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 1
$40k - $80k 1
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About Prostate Cancer Fight Foundation:

Founded in 2005, Prostate Cancer Fight Foundation (PCFF) raises money to fund prostate cancer research and increase public awareness of the disease.  PCFF mainly raises funds through the TELUS Ride For Dad, which are large-scale, one-day vehicle-based fundraising events, as well as through ongoing public fundraising. Over 250,000 people have been involved in TELUS Ride For Dad events to date, which take place in over 40 cities in Canada. To date, PCFF reports granting more than $23m towards prostate cancer research and awareness.

Prostate Cancer Fight Foundation reports that there are approximately 1.2 million men with prostate cancer in Canada, yet 800,000 men don’t know they have it. The Foundation also states that prostate cancer is the most commonly diagnosed men’s cancer in Canada.

Prostate Cancer Fight Foundation’s two major activities are research funding and public awareness initiatives. PCFF granted $1.2m in research grants to 25 researchers in F2016; the five largest grants went to Cancer Care Manitoba ($150k), Grand River Hospital Foundation ($102k), Prostate Cure Foundation ($100k), Cross Cancer Institute ($100k) and Ottawa Hospital Research Institute ($88k).

Prostate Cancer Fight Foundation runs public awareness initiatives to reduce the stigma surrounding prostate cancer screening and get more men proactive in visiting their doctors for check-ups. PCFF spent $671k on education and awareness programs in F2016 and reports that this past year, it initiated awareness programs in every Canadian province.

Financial Review:

 

Donor Advisory: Ci received unaudited, incomplete financial statements without detailed notes for F2014 after requesting audited financial statements for Prostate Cancer Fight Foundation from the CRA. The following financial analysis reflects unaudited figures. F2015 and F2016 figures come from the charity’s T3010 CRA filings.

Prostate Cancer Fight Foundation is a medium-sized foundation with total donations and special events fundraising of $2.4m in F2016. Administrative costs are 13% of revenues and fundraising costs are 21% of donations and special events. Per dollar donated to PCFF, $0.66 goes towards its grants, which falls just within Ci’s reasonable range for overhead spending. Funding reserves of $3.1m can cover annual program costs and grants for 1.6 years.

Prostate Cancer Canada Foundation’s reports using external fundraisers as part of its fundraising activities in its T3010 CRA filings. In F2016, PCFF reports $508k in external fundraising costs (which matches total fundraising costs reported for the year). External fundraisers raised $2.4m on behalf of the foundation, producing an external fundraising cost ratio of 21%. Per dollar donated to external fundraisers, PCFF received $0.79.   

This charity report is an update that is currently being reviewed by Prostate Cancer Fight Foundation. Comments and edits may be forthcoming.  

Updated on June 27, 2017 by Katie Khodawandi.  

Financial Ratios

Fiscal year ending July
201620152014
Administrative costs as % of revenues 12.7%12.4%13.4%
Fundraising costs as % of donations 21.3%28.1%27.8%
Program cost coverage (%) 161.4%162.5%116.8%

Summary Financial Statements

All figures in $s
201620152014
Donations 1,742,8111,736,4201,992,602
Special events 638,9691,338,2631,228,129
Investment income 22,39526,78541,284
Total revenues 2,404,1753,101,4683,262,015
Program costs 670,672783,157736,288
Grants 1,232,4871,152,3021,179,716
Administrative costs 301,426380,105430,116
Fundraising costs 507,648864,246896,776
Cash flow from operations (308,058)(78,342)19,119
Funding reserves 3,071,8543,144,9152,237,326
Note: Ci reported outside services and salaries and wages in administrative costs.

Comments added by the Charity:

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