Foundation aces charity report card

Sunnybrook Foundation is a leader in responsible fundraising. For its efficient use of donor funds and strong governance, Sunnybrook Foundation was the only hospital foundation in Ontario to earn an overall "A" grade in MoneySense magazine's 2011 Charity 100 rankings.

To calculate the grades, charities were evaluated in four categories: Overall Charity Efficiency, percentage of charity expenditures that go to program costs; Fundraising Efficiency, how much money is spend to raise $100; Governance and Transparency, if the charity has proper governance policies and how openly it shares financial information with the public; and Reserve Fund Size, how much money the organization keeps on hand.

At Sunnybrook, we invent the future of health care. But to stay innovative, we rely on the generosity of our donors.

For more on MoneySense's 2011 Charity 100 click here.