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Financials

Canadian Breast Cancer Foundation is committed to allocating donor dollars responsibly to maximize the impact of our strategic research, education and awareness initiatives. 

Where Our Funds Come From  

The Foundation has the support of millions of Canadians across the country.  With the help of our donors, partners, corporate sponsors, volunteers, and staff, the Foundation has raised substantial funds for the cause. 
 
The majority of the money raised for a future without breast cancer comes from special events such as the Canadian Breast Cancer Foundation CIBC Run for the Cure. The CIBC Run for the Cure accounts for 60% of our revenues.  The Foundation is also supported by corporate sponsorships, individual donations, cause-related marketing and other special events.The Canadian Breast Cancer Foundation is committed to allocating donor dollars responsibly to maximize the impact of our strategic research, education and awareness initiatives. 

financials.jpgHow Dollars are Spent  

In fiscal 2014, the Foundation allocated over $21.5 million towards cause-related work, including breast cancer research grants, fellowships and community health grants. Of that total, $18.7 million was allocated directly to breast cancer research.
 
The Foundation allocates funds through each of our Regional offices to invest in our communities from coast to coast. On a national level, the Foundation allocates dollars towards our National grant competitions, currently focused on a nationwide priority to address breast cancer in young women.
 
To view our most recent audited financial statements, select the year below:
 
To learn more about our Regional cause related and research investments click on your Region:
 
In addition, the Foundation has a partnership with the Quebec Breast Cancer Foundation, which directs funds raised through the Canadian Breast Cancer Foundation CIBC Run for the Cure to cause related initiatives in Quebec.
 
To learn more about how funds raised by the Canadian Breast Cancer Foundation CIBC Run for the Cure in Montreal and Quebec City are allocated in Quebec please visit www.rubanrose.org
 
The Foundation awards grants every year through a process guided by four principles: rigour, accountability, fairness, and transparency. 
 
A panel of unbiased experts recruited from across North America review eligible funding proposals to ensure that donor dollars will have maximum impact. Initiatives that are well-planned, highly relevant and have the potential to make a meaningful difference are recommended for funding.
 

Our Cost of Fundraising

Canadian Breast Cancer Foundation is dedicated to finding the optimal balance between dollars invested in grants and other cause-related work, and dollars spent on fundraising and other necessary expenditures. Our goal is to maximize our cause-related spending.
 
The Foundation's cost of fundraising is 37.2%. Our fundraising costs are on par with most other charities of the similar size, scope and fundraising focus.
 

What is a T3010?

It is the Registered Charity Information Return set out by the Canada Revenue Agency (CRA).Federally registered charities are regulated by the CRA because they are exempt from income tax and are able to provide tax receipts to donors so that they may obtain tax relief. To demonstrate compliance with federal tax laws, registered charities must file a Registered Charity Information Return (T3010) with the CRA each year. The T3010 and the Audited Financial Statement serve two different purposes so figures may differ between statements. The Foundation follows CRA procedures to complete the T3010.
 

Yearly Report on Annual Activities

Click on the regional link below to find our reports to the community and further details on our funding in your Region: