Pickering, ON L1V 1B5
CEO: Chris Kotsopoulos
Board Chair: Brenda Abrams
Charitable Reg. #: 12403 8878 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
Cents to The Cause
Impact Rating: Low
Full-time staff #97
Avg. Compensation $66,984
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||1|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||3|
|$80k - $120k||6|
|$40k - $80k||0|
About Children's Wish:
Founded in 1984, The Children's Wish Foundation’s (CWF) mission is to “work with communities across the country to provide children with life threatening illnesses the opportunity to realize their most heartfelt wish.” In fulfilling wishes, CWF aims to improve the quality of life for children and families. CWF has no waiting list and is ready to grant a child's wish as soon as medical approval is received. In an emergency, it can fulfill a wish in a matter of days. CWF reports that it has granted wishes to almost 24,000 children to date.
The Children's Wish Foundation reports that it grants three wishes every day. In F2016, CWF granted 1,195 wishes to children from 557 cities and towns across Canada. Also in F2016, 1,239 healthcare professionals referred wish children to CWF. A survey conducted in F2016 by Impakt on behalf of CWF reports that 100% of wish parents saw positive emotional or physical benefits for their child.
In F2015, The Children's Wish Foundation broadened the range of children to whom it will grant wishes. Eligibility expanded to include children with serious genetic and neurological diagnoses. Since the expansion, CWF reported a 22% increase in wishes granted and an 18% increase in approved referrals in F2016.
Total operating costs per wish granted in F2016 were $21,274. The Children's Wish Foundation reports that each wish can impact up to one hundred people. Those impacted include parents, grandparents, siblings, classmates, volunteers, business and community groups, nurses, doctors and social workers.
Children’s Wish Foundation is a Major 100 charity, with donations and special events revenues of $18m in F2016. CWF's special events revenues are comprised of its nation-wide fundraisers. Its administrative costs are 15% of revenues and its fundraising costs are 35% of donations. For every $1 donated to the charity, 51 cents go towards CWF’s programs, falling below Ci’s reasonable range. The charity’s funding reserves of $34.1m include $730k in donor-endowed funds. This results in a program cost coverage ratio, excluding donor-endowed funds, of 196%. This means that the charity can cover 2 years of its annual programs using its existing reserves.
This charity report is an update that is being reviewed by Children’s Wish Foundation of Canada. Changes and edits may be forthcoming.
Updated on May 16, 2017 by Kevin Silberberg.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||14.7%||15.8%||14.0%|
|Fundraising costs as % of donations||34.7%||32.3%||30.2%|
|Program cost coverage (%)||200.0%||282.1%||270.9%|
Summary Financial StatementsAll figures in $000s
|Goods in kind||2,464||1,873||1,527|
|Cash flow from operations||(5,328)||1,179||3,804|