Brain Canada

1200 McGill College AvenueSuite 1600
Montreal, QC H3B 4G7
President & CEO: Viviane Poupon
Board Chair: Naomi Azrieli

Charitable Reg. #:89105 2094 RR0001


Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 4/5]



Audited financial statements for current and previous years available on the charity’s website.



Grade based on the charity's public reporting of the work it does and the results it achieves.



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 78 cents are available for programs.

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About Brain Canada:

Brain Canada is a 4-star charity with an average results reporting grade and reasonable overhead spending. The charity is financially transparent and has funding reserves which can cover annual program costs for around two months.

Founded in 1997, Brain Canada Foundation (BRCF) is a charity that funds medical research related to various brain disorders. Its mission is to increase the scale and scope of funding to accelerate the pace of Canadian brain research. BRCF reports that one in three people in Canada will face a neurological disease or neuropsychiatric disorder in their lifetime. The charity states that there are more than 1,000 brain diseases and disorders.  

In F2023, Brain Canada changed its fiscal year end from December to March. The charity published one annual report covering the period from January 1st, 2022, to March 31st, 2023. The information below is from that report.

The charity has three main categories of research grants: Platform Support Grants, Capacity Building Grants, and Team Grants. From January 2022 to March 2023, BRCF reports investing $39.3m in research, however, Ci calculates that it granted $32.0m.

Platform Support Grants (57% of program spending) fund the creation and improvement of shared research resources to increase access to equipment, knowledge, and data for researchers across Canada. BRCF gave out nine Platform Support Grants.

Capacity Building Grants (28%) fund the salaries, training, and mentorship of young researchers. The charity gave out 46 Capacity Building Grants. This includes 20 grants from the Future Leaders in Canadian Brain Research program.

Team Grants (15%) fund the creation of collaborative research teams with scientists from different disciplines. BRCF gave out 49 Team Grants. This includes nine Discovery grants worth a total of $1.4m.

Overall, the charity supported 412 researchers and had 215 active research projects during this period.

On May 31, 2024, BRCF amended an agreement with the Minister of Health to allow for up to $80m more in funding through the Canadian Brain Research Fund. The Canadian Brain Research Fund matches private donations to Brain Canada Foundation on a one-to-one basis up to a certain amount. The money will be disbursed over four years.

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Results and Impact

In 2014, BRCF granted $2.8m to Dr. Jamie Hutchison. This grant funded the creation of a single national biobank and database for patients with traumatic brain injury. It linked multiple preexisting biobanks to a central database at the Ontario Brain Institute. This platform brought together 46 researchers to identify biomarkers for traumatic brain injury. The team discovered eight new protein biomarkers.

While Ci highlights these key results, they may not be a complete representation of Brain Canada Foundation's results and impact.

This charity is not yet rated on impact (n/r).

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In F2023, Brain Canada Foundation changed its fiscal year end from December to March. The available data for F2023 represents only a three-month period ending on March 31, 2023. As a result, F2023 figures are not comparable.

In F2023, Brain Canada Foundation received $4.9m in Canadian donations. Fundraising and administrative costs are 22% of total revenue excluding investment income. This results in total overhead spending of 22%. For every dollar donated to the charity, 78 cents are available for programs. This is within Ci’s reasonable range for overhead spending.

In F2023, BRCF spent $12.0m on grants and programs, which is 235% of its revenues. The charity had a deficit of $8.0m and no capital expenditures.

Brain Canada Foundation has $9.2m in reserve funds. These are the charity’s cash and investments. The charity has around two months of annual program costs covered by its current reserves. BRCF and its partners have grant commitments of $54.8m to be disbursed in the next few years. Out of these, $29.6m are commitments to Platform Support Grants recipients.

This charity report update has been sent to Brain Canada Foundation for review. Comments and edits may be forthcoming.

Updated on June 6, 2024 by Alessandra Castino.

Financial Review

Financial Ratios

Fiscal year ending March
Fundraising & admin costs as % of revenues 21.6%12.1%12.7%
Total overhead spending 21.6%12.1%12.7%
Program cost coverage (%) 19.0%84.5%49.8%

Summary Financial Statements

All figures in $000s
Donations 4,9479,37011,263
Government funding 020,28314,556
Special events 01,1870
Investment income 15319034
Total revenues 5,10031,03025,852
Program costs 30487125
Grants 11,99419,90121,167
Fundraising & administrative costs 1,0683,7203,266
Total spending 13,09324,10824,558
Cash flow from operations (7,993)6,9221,294
Capital spending 01922
Funding reserves 9,15117,23710,611

Note: Ci adjusts for deferred funding, affecting donations by $2.1m in F2023, $1.0m in F2022, and ($80k) in F2021. Ci adjusts for deferred government funding, affecting government revenues by ($9.4m) in F2023, $5.5m in F2022, and $1.8m in F2021.

Salary Information

Full-time staff: 18

Avg. compensation: $35,622

Top 10 staff salary range:

$350k +
$300k - $350k
$250k - $300k
$200k - $250k
$160k - $200k
$120k - $160k
$80k - $120k
$40k - $80k
< $40k

Information from most recent CRA Charities Directorate filings for F2023

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: (514) 989-2989


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Charitable Registration Number: 80340 7956 RR0001