Montreal Canadiens Children's Foundation

1275 Saint-Antoine Ouest
Montreal, QC H3C 5L2
Executive Director: Geneviève Paquette
Board President: Pierre Boivin

Website: fondation.canadiens.com
Charitable Reg. #: 86233 4125 RR0001
Sector: Intermediary - Sports
Public Foundation

Donor Accountability

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 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

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2014 2015 2016
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #0

Avg. Compensation $0

Top 10 Staff Salary Range

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

About Montreal Canadiens Children's Foundation:

Established in 2000, Montreal Canadiens Children’s Foundation has a mission to encourage physical activity and healthy lifestyles among underprivileged youth from 4-17 years old. It provides opportunities for youth to submerse themselves into hockey through the creation of community ice rinks, hockey camps, equipment provision and disbursement of tickets for underprivileged youth to attend a Montreal Canadiens hockey game at the Bell Centre.

The Foundation runs charity events and fundraising activities such as 50/50 draws, golf tournaments, and silent auctions to cover program and in-game activity costs. Programs include Blue Blanc Bouge, Foundation Friends Suite, “Game on Kids!”, and Champions for Life.  

Since 2008, Blue Blanc Bouge has been the Foundation’s flagship program, involving the construction of outdoor, refrigerated, and multisport rinks. Over 7,000 children use the rinks each year. The Foundation has built 8 rinks, with 2 more set to open by the winter of 2018. Each rink costs roughly $1.4m to build. The Blue Blanc Bouge program also includes 6-week clinics that focus on teaching kids how to skate and play hockey. Over 300 kids learn how to skate each winter and more than 100 learned how to play ball hockey in the summer. As part of Bleu Blanc Bouge, 275 brand new pairs of skates and helmets were donated to kids in F2017.

Foundation Friends Suite is a program that hosts children at each Canadiens’ home game at the Bell Centre. Each year, up to 350 children attend a Montreal Canadiens game. In F2017, the Foundation distributed 347 tickets through 35 different youth organizations. “Game on Kids!” is a program that allows anybody to donate their tickets, which the Foundation distributes to underprivileged youth.

Champions for Life is a 10-week program provided in schools in underprivileged neighbourhoods that aims to teach students 5 to 8 years old basic physical abilities such as running, jumping, climbing and throwing. The Foundation reports that developing locomotor, object manipulation, and stability skills is critical in acquiring physical literacy, which is described as the ability to move with confidence and competence in a wide variety of sports and active leisure activities. Montreal Canadiens Children’s Foundation runs this program in 53 schools across 11 school boards in the Greater Montreal area.

Montreal Canadiens Children’s Foundation did not report any full-time or part-time staff on its T3010 filing with the CRA. The Foundation also did not report incurring any expenses related to staff compensation.

Financial Review:

Montreal Canadiens Children’s Foundation is a medium-sized charity with $3.1m in donations and special events fundraising in F2016. Lotteries also contributed $822k to revenues, net of related expenses. Administrative costs were 15% of revenues and fundraising costs were 27% of donations. For every $1 donated, 58 cents went to the cause. This falls outside of Charity Intelligence’s reasonable range for overhead spending. The Foundation has $5.3m in funding reserves, which can cover annual programs and grants 2.0 times.

Montreal Canadiens Children’s Foundation uses external fundraisers to collect donations on its behalf. In F2016, the Foundation paid $16k to external fundraisers and collected $228k in donations, producing an external fundraising ratio of 7%.

This charity report is an update that is currently being reviewed by Montreal Canadiens Children’s Foundation. Changes and edits may be forthcoming.

Updated on August 15, 2017 by Juliana Badovinac.

Financial Ratios

Fiscal year ending June
201620152014
Administrative costs as % of revenues 14.8%12.4%12.9%
Fundraising costs as % of donations 27.1%25.5%19.5%
Program cost coverage (%) 197.4%190.5%420.6%

Summary Financial Statements

All figures in $s
201620152014
Donations 1,439,4361,967,4291,257,455
Lotteries (net) 821,530633,158268,880
Special events 1,687,0431,349,4281,818,048
Investment income (11,072)313,898257,171
Total revenues 3,936,9374,263,9133,601,554
Program costs 237,723222,101217,374
Grants 2,426,4412,374,518900,384
Administrative costs 585,236489,991432,686
Fundraising costs 846,999845,242599,756
Cash flow from operations (159,462)332,0611,451,354
Funding reserves 5,258,4144,945,4834,700,796
Note: Ci reported lotteries net of related expenses, affecting revenues and expenses by ($1.6m) in F2016, ($961k) in F2015, and ($175k) in F2014.

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