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 57% of our revenues. The Foundation is also supported by corporate sponsorships, individual donations, cause-related marketing and other special events.
Where our funds come from
How Dollars are Spent
In fiscal 2015, the Foundation allocated $25 million towards cause-related work, including $13.7 million to research, $1.6 million for expanded research capacity (fellowships, awards, studentships) and $1.1 million on community health grants, as well as $3.8 million for health promotion and education programs.
To view our most recent audited financial statements, select the year below:
Learn more about our cause related and research investments. 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 35.3%, which is a 0.8% reduction from the prior year, and reflects our ongoing commitment to reducing our cost of fundraising. CBCF follows best practices within the charitable sector and works to ensure our costs of fundraising and administration are within industry norms, for organizations of similar size, scope and fundraising focus.
CBCF’s largest fundraising event is the Canadian Breast Cancer Foundation CIBC Run for the Cure, the largest single-day Canadian event devoted to raising funds for the breast cancer cause. Like other charities which stage large-scale, public-facing events, this results in costs which are higher than those of organizations which do not have comparable events. However, this event is important to the Foundation not only as a fundraising tool, but as a key way to raise awareness, bring the community together and engage the public in this cause.
Our Cost of Administration
Canada is a rich, diverse country, and the breast cancer cause has drawn strength from its connection to local communities, which is why CBCF believes it is important to have a presence across Canada. For that reason, we have seven offices located in five provinces with employees working on fundraising, health promotion and advocacy programs that respond to local needs and reflect the local community. The investment in maintaining a presence across Canada results in an administrative cost of 13.3%.
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. 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.
View the Foundation's annual T3010 Returns
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: