Juvenile Diabetes Research Foundation Canada
Toronto, ON M2J 5A9
President & CEO: Dave Prowten
Board Chair: Aubrey Baillie
Charitable Reg. #: 11897 6604 RR0001
Social Results Reporting
Grade: BThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Program Cost Coverage
Full-time staff #89
Avg. Compensation $79,671
Top 10 Staff Salary Range
|$300k - $350k||0|
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|$200k - $250k||1|
|$160k - $200k||0|
|$120k - $160k||3|
|$80k - $120k||6|
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About Juvenile Diabetes Research Foundation Canada:
Founded in 1974 by parents of children with diabetes, Juvenile Diabetes Research Foundation Canada (JDRF) is the largest funder and advocate for Type 1 diabetes (T1D) research. Its focus is to find a cure for T1D and its complications. JDRF reports that 300,000 Canadians live with T1D. On average, this requires 1,460 insulin shots a year to manage T1D. T1D often leads to life-threatening and debilitating complications which may include kidney failure, blindness, heart disease, stroke, nerve damage and amputation. T1D is rising in its frequency among children under the age of 14, with rates doubling over the last 20 years in children younger than 5 years old. JDRF funds research across a broad portfolio in 4 areas – immune therapies, beta cell therapies, glucose control, and complication therapies.
From 2010-2013 the Federal Government granted $20m for clinicial T1D research. JDRF gave $13.9m and another major donation recently gave $3m. This funding launched 9 clinical trials and 2 technology projects involving more than 100,000 Canadians in research. This research included the artificial pancreas, a revolutionary advance in diabetes care. In 2014, the artificial pancreas got USFDA approval. JDRF's other research milestones are beta cell encapsulation (implanting stem cells to "heal" T1D with the first human trial underway in 2014), and smart insulin in a nasal spray that may prevent T1D onset.
JDRF's fundraising costs are 46.8% of donations. Fundraising costs are $11.3m, a $3.6m increase in 2013. JDRF spends more on fundraising that it does on T1D programs and research. This is due to high-cost fundraising events: the stationary bike-a-thon held in 22 Canadian cities brings corporations together in friendly competition grossing $6.8m, the Telus Walk in 70 sites across Canada grosses almost $7.7m and 3,400 people attend galas grossing over $3.5m. These events account for 75% of JDRF's revenues. Administrative costs are 8.2% of revenues. JDRF has funding reserves of $12.7m covering annual program costs and grants 1.4 times (140%).
Updated: February 24, 2015 by Kate Bahen.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||8.2%||6.7%||6.9%|
|Fundraising costs as % of donations||46.8%||32.9%||31.3%|
|Program cost coverage (%)||139.7%||33.0%||52.9%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||2,179||(3,103)||5,883|