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Where The Money Goes

The Blue Sea Advantage

The Coldest Night of the Year is a much-loved charitable program of Blue Sea Philanthropy, (BSP), a registered Canadian charity.


BSP exists to help charities thrive! We do this by providing approved Canadian charities with easy to access fundraising events, advice and select administration services.


Partner charities in the Coldest Night of the Year specifically benefit from accessing our national turn-key event and fundraising infrastructure saving money on staff time, development costs, cash flow risk, insurance, receipting, and ongoing management.


Whereas a typical direct services charity has program costs like feeding, shelter or counselling, our direct charity program costs include both our grants as well as items like signage, safety vests, toques and fundraising portal.


The total of all Coldest Night of the Year grants PLUS our direct event costs equals our charitable program (as defined by the CRA, our national auditor BDO Dunwoody and overseen by our Board of Directors.


Coldest Night of the Year


The Bottom Line

Participating charities in the Coldest Night of the Year receive a final grant based on their fundraising success - it ranges from 65% to 80%.


Last year our average location partner raised $42,300. Of total revenue in 2015 the Coldest Night of the Year paid out 74% in grants, invested 19% on our charitable program (event expenses) and 7% on admin.


Audited Financial Statements

Canada:

TopQuestions about Coldest Night or Blue Sea Philanthropy?
info@blueseaphilanthropy.org | 1.877.743.3413

National Sponsors

The Printing House

About
Blue Sea

An event by Blue Sea Philanthropy

© 2016 Blue Sea Philanthropy

A Registered Canadian Charity

CRA#: 819882655RR0001

Toll Free: 1.877.743.3413

260-659 King St. East,

Kitchener, ON, N2G 2M4

coldest_night

Rain or shine (or light flurries), we ride and walk on October 1st - get your umbrella's, boots, shorts, toques... [link]Jul. 26, 2016 at 6:35 am