CKNW Orphans' Fund

2000-700 West Georgia Street
Vancouver, BC V7Y 1K9
Executive Director: Sara Dubois-Phillips
Board Chair: Wally Oppal

Website: www.cknworphansfund.com
Charitable Reg. #: 11886 4842 RR0001
Sector: Social Services - Youth
Operating Charity

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

donor
endowed
Funding Reserves Program Costs

Spending Breakdown

Full-time staff #2

Avg. Compensation $73,210

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 F2015

About CKNW Orphans' Fund:

Founded in 1944, CKNW Orphans’ Fund (CKNW) works to enhance the lives of children living with physical, mental and social challenges in BC communities. The charity is based in Vancouver and runs two major grant programs that help children with special needs by providing speech, occupational, music or therapeutic horseback riding therapy, special education accommodations, and specialized medical equipment such as wheelchairs, beds, hearing aids and orthotics.

CKNW Orphans’ Fund’s Children & Families grants help poor families handle the extra medical, social, educational or environmental supports for children with special needs.  In its most recent January to April 2017 Impact Report, CKNW reports spending $196k to help 106 children – 38 children received funding for speech, occupational or horseback riding therapy, 29 children received special education bursaries, 16 children received funding for wheelchair-accessible transportation and equipment, and 23 children received funding for other specialized medical equipment such as hearing aids, respite care and orthotics. Therapies funding averaged $1,879 per child, special education bursaries averaged $1,366 per child, and equipment funding averaged $2,228 per child.

CKNW’s Organizations grants fund grassroots organizations that run programs and projects for kids with special needs. Funded organizations include Burnaby Family Life, CanAssist, the Learning Disabilities Association of Vancouver and South Fraser, and PLEA Community Services. In its most recent January to April 2017 Impact Report, the charity reports spending $86k to fund 10 non-profits, averaging $8,620 per organization.

Financial Review:

CKNW Orphans’ Fund is a medium-sized charity with total donations and special events fundraising of $2.1m in F2015. Administrative costs are 14% of revenues and fundraising costs are 6% of donations and special events revenues. Per dollar donated to the charity, $0.80 goes towards its granting activities, which falls within Ci’s reasonable range for overhead spending. CKNW’s funding reserves of $3.7m include $1.0m in endowed funds. Excluding endowments, the charity’s reserves can cover annual granting activities for just under 1.5 years.

This charity report is a new profile that is currently being reviewed by CKNW Orphans’ Fund. Comments and edits may be forthcoming.

Updated on June 7, 2017 by Katie Khodawandi.

Financial Ratios

Fiscal year ending December
201520142013
Administrative costs as % of revenues 13.6%13.8%11.8%
Fundraising costs as % of donations 6.4%8.8%9.1%
Program cost coverage (%) 199.2%165.5%219.2%

Summary Financial Statements

All figures in $s
201520142013
Donations 1,533,9361,232,4911,231,610
Special events 568,054599,099612,254
Investment income 171,308215,748229,479
Total revenues 2,273,2982,047,3382,073,343
Grants 1,865,4212,441,3732,059,854
Administrative costs 285,202252,807217,257
Fundraising costs 135,396160,877167,476
Cash flow from operations (12,721)(807,719)(371,244)
Funding reserves 3,716,4284,041,4784,514,381
Note: Ci reported Orphan Picnic expenses of $111k in F2015, $116k in F2014 and $128k in F2103 in fundraising. Ci reported investment income net of management expenses, increasing revenues by $171k in F2015, $216k in F2014 and $229k in F2013.

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