Canadian National Christian Foundation
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✖
FINANCIAL TRANSPARENCY
Audited financial statements available only through official request for information from Charities Directorate.
F
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.
97%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 97 cents are available for programs.
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OVERVIEW
About Canadian National Christian Foundation:
Canadian National Christian Foundation is a 0-star charity. It has an F Results Reporting grade. The charity’s overhead spending is outside Ci’s reasonable range. Its reserves can cover program costs for four years and three months, which is outside Ci’s reasonable range. Please read Ci’s report before you give.
Founded in 2002, Canadian National Christian Foundation (CNCF) operates a donor-advised fund that supports Christian charities. In 2023, it spent $1.6m on its programs and granted $16.1m to charities.
CNCF offers giving options such as one-time donations, bequests through a will, retirement plans with CNCF as a beneficiary, life insurance with CNCF as an owner, and charitable remainder trusts.
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Results and Impact
CNCF did not report any quantified outcomes of its work, which may not completely reflect CNCF’s results and impact.
CNCF is not yet rated on impact (n/r). This does not affect the star rating.
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Finances
Canadian National Christian Foundation is not financially transparent. Its audited financial statements are only available upon request from the CRA. Its financial statements follow line-item costing, which is not a best practice. CNCF received $21.1m in donations in 2023, which is 76% of revenue. It made $6.6m in investment income.
The charity spent $1.6m on its programs and granted $16.1m to qualified donees in 2023. The total of $17.7m is 64% of revenue. The charity ran a surplus of $9.5m, which is 34% of revenue. CNCF did not report any fundraising costs on its audited financial statements or on its T3010 filings with the CRA. It spent $554k on administration which is 3% of revenue (less investment income). For every dollar donated to the charity, 97 cents are available to go to the cause. This is outside of Ci’s reasonable range for overhead spending.
CNCF has $75.5m in its reserves, which can cover program costs for four years and three months. This is outside Ci’s reasonable range.
Updated on June 17, 2025 by Joshua Leduc. This update has been sent to the charity and changes may be forthcoming.
Financial Review
Fiscal year ending December
|
2023 | 2022 | 2021 |
|---|---|---|---|
| Administrative costs as % of revenues | 2.6% | 0.2% | 0.4% |
| Fundraising costs as % of donations | 0.0% | 0.0% | 0.0% |
| Total overhead spending | 2.6% | 0.2% | 0.4% |
| Program cost coverage (%) | 427.5% | 228.7% | 411.1% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
|---|---|---|---|
| Donations | 21,143 | 32,851 | 41,023 |
| Fees for service | 0 | 0 | 0 |
| Investment income | 6,577 | (8,955) | 1,324 |
| Other income | 53 | 39 | 8 |
| Total revenues | 27,773 | 23,935 | 42,356 |
| Program costs | 1,601 | 2,996 | 116 |
| Grants | 16,078 | 25,891 | 17,128 |
| Administrative costs | 554 | 61 | 149 |
| Fundraising costs | 0 | 0 | 12 |
| Other costs | 0 | 326 | 0 |
| Total spending | 18,234 | 29,274 | 17,405 |
| Cash flow from operations | 9,539 | (5,339) | 24,951 |
| Capital spending | 0 | 0 | 0 |
| Funding reserves | 75,588 | 66,058 | 70,882 |
Note: 1. Ci took investment income net of management fees which affected revenue and expenses by ($369k) in 2023, ($444k) in 2022, and ($307k) in 2021.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
3 |
$40k - $80k |
1 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
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Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 1-866-580-9319 x 102