Toronto Rehab Foundation
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔
FINANCIAL TRANSPARENCY
Most recent Audited financial statements available on the charity’s website.
C+
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
56%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 56 cents are available for programs.
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OVERVIEW
About Toronto Rehab Foundation :
Please note that as of April 1, 2021, Toronto Rehab Foundation and Toronto General & Western Hospital Foundation amalgamated to form UHN Foundation. Please see our profile on Toronto General & Western Hospital Foundation if you wish to give to Toronto Rehab Foundation. UHN Foundation notes that all donations made prior to April 1, 2021 to the Toronto Rehab Foundation will go where they were intended to (the amalgamation does not impact past giving). Any donations made April 1, 2021 onwards will go to UHN Foundation.
For more information on the amalgamation of UHN Foundation and how it impacts charitable donations please visit: https://uhnfoundation.ca/who-we-are/faq/. The UHN Foundation's statement on the amalgamation can be found here: https://www.uhn.ca/corporate/News/Pages/UHN_Foundation_is_here.aspx
Founded in 1977, Toronto Rehab Foundation (TRF) raises funds to support the Toronto Rehabilitation Institute (Toronto Rehab). TRF’s goal is to develop solutions for people living with the consequences of illness, injury, and aging to improve their quality of life. TRF reports that Canada spends $60 billion a year on chronic pain, an area of focus for the Toronto Rehabilitation Institute. In F2019, the foundation granted $8.2m to the institute, a 29% increase from F2018.
The Toronto Rehabilitation Institute is Canada’s largest academic sciences centre dedicated to adult rehabilitation and complex continuing care. Toronto Rehab has six sites across the city, providing personalized care for people with serious illness or injury, including stroke, heart disease, and brain and spinal cord injuries. Toronto Rehab cares for more than 100,000 individuals each year.
Through its granting program, TRF funds improvement to patient care, capital redevelopment, research, and education programs. In 2017, the foundation funded 118 researchers and trainees focused on three areas: preventing disability, restoring function, and enabling independence. Combined, these researchers had 508 publications. TRF also funds hands-on clinical training for more than 1,000 students and researchers each year.
Since its inception, TRF’s capital redevelopment granting program has helped build a new 13-storey patient care and research wing at Toronto Rehab’s University Centre. TRF also funded a $10 million renovation at the Lyndhurst Centre for Spinal Cord Rehabilitation which includes new patient rooms, accessible private bathrooms, new patient safety equipment (e.g. fall prevention), and other repairs. Lastly, TRF supported the recently completed addition of nocturnal dialysis at the E.W. Bickle Centre for Complex Continuing Care.
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Finances
Toronto Rehab Foundation is a large charity with total donations and special events revenues of $6.8m in F2019. Fundraising & administrative costs were 44% of revenues (excluding investment income). For every dollar donated to the charity, 56 cents go to its programs. This is outside Ci’s reasonable range for overhead spending. TRF holds net funding reserves of $27.6m of which, $8.7m are donor-endowed. Excluding donor-endowed funds, the charity’s reserves can cover program for almost two and a half years.
This is a new charity report that has been sent to Toronto Rehab Foundation. Changes and edits may be forthcoming.
Updated on August 2, 2019 by Stefan Tetzlaff.
Financial Review
Fiscal year ending March
|
2019 | 2018 |
---|---|---|
Fundraising & admin costs as % of revenues | 44.3% | 17.2% |
Total overhead spending | 44.3% | 17.2% |
Program cost coverage (%) | 245.1% | 403.7% |
Summary Financial StatementsAll figures in $000s |
2019 | 2018 |
---|---|---|
Donations | 6,201 | 15,493 |
Special events | 571 | 1,335 |
Investment income | 1,413 | 449 |
Total revenues | 8,186 | 17,277 |
Grants | 8,165 | 6,338 |
Fundraising & administrative costs | 3,002 | 2,899 |
Cash flow from operations | (2,982) | 8,040 |
Funding reserves | 27,630 | 32,359 |
Salary Information
$350k + |
1 |
$300k - $350k |
0 |
$250k - $300k |
1 |
$200k - $250k |
1 |
$160k - $200k |
1 |
$120k - $160k |
1 |
$80k - $120k |
5 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2019
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Comments & Contact
Comments added by the Charity:
Charity Contact
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