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Montreal Canadiens Children's Foundation

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

Website: fondation.canadiens.com
Charitable Reg. #: 86233 4125 RR0001
Sector: Social Services - Youth
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

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2015 2016 2017
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 F2017

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, aged 4-17, in Quebec. 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 youth to attend a Montreal Canadiens hockey game at the Bell Centre. Montreal Canadiens Children’s Foundation reports that children from low-income families are three times more likely to have never played sports or engaged in physical activity.

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 Bleu Blanc Bouge, “Jo and his Champions” Suite, Game on Kids!, and Champions for Life.  

Since 2008, Bleu 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 10 rinks to date, costly roughly $1.4m each to build. The Bleu Blanc Bouge program also includes 6-week clinics that focus on teaching first and second grade children how to skate and play hockey. Over 250 kids learned how to skate in F2017. As part of Bleu Blanc Bouge, 275 new pairs of skates and helmets were donated to kids in F2017. Bleu Blanc Bouge’s rink constructions and skating clinics are presented by Canadian Tire.

Click here for more information for the opening of the ninth Bleu Blanc Bouge rink.

“Jo and his Champions” Suite is a program that hosts children at each Canadiens home game at the Bell Centre. In F2017, the Foundation hosted 350 underprivileged children from 35 youth organizations. “Game on Kids!” is a program that allows anybody to donate their tickets. Through this program, the Foundation distributed 347 tickets to youth in F2017.

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 various sports and active leisure activities. Montreal Canadiens Children’s Foundation runs this program in 53 schools across 11 school boards in Quebec.

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 $3.7m in donations and special events fundraising in F2017. Lotteries also contributed $1.0m to revenues, net of related expenses. Administrative costs were 15% of revenues and fundraising costs were 23% of donations. For every dollar donated, 62 cents went to the cause. This falls outside of Ci’s reasonable range for overhead spending. The Foundation has $6.5m in funding reserves, which can cover programs and grants for 2.7 years.

Montreal Canadiens Children’s Foundation uses external fundraisers to collect donations on its behalf. In F2017, the Foundation paid $16k to external fundraisers and collected $234k in donations, producing a cost of 7 cents per dollar raised.

This charity report is an update that has been sent to Montreal Canadiens Children’s Foundation for review. Changes and edits may be forthcoming.

Updated on June 20, 2018 by Joeyanne Cheung.

Financial Ratios

Fiscal year ending June
201720162015
Administrative costs as % of revenues 14.9%14.8%12.4%
Fundraising costs as % of donations 23.4%27.1%25.5%
Program cost coverage (%) 266.7%197.4%190.5%

Summary Financial Statements

All figures in $000s
201720162015
Donations 1,9451,4391,967
Lotteries (net) 1,013822633
Special events 1,7891,6871,349
Investment income 502(11)314
Total revenues 5,2503,9374,264
Program costs 229238222
Grants 2,2102,4262,375
Administrative costs 706585490
Fundraising costs 874847845
Cash flow from operations 1,231(159)332
Funding reserves 6,5075,2584,945
Note: Ci reported lotteries net of related expenses, reducing revenues and expenses by $2.3m in F2017, $1.6m in F2016, and $961k in F2015.

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