SickKids Foundations is a 2-star rated charity. It has average disclosure with a B+ grade for results reporting. Its funding reserves are outside Ci’s reasonable range. For every dollar donated, 70 cents are available to go to the cause, which is within Ci's reasonable range.

Founded in 1972, SickKids Foundation (SKF) raises money for SickKids Hospital in Toronto, Ontario. Its formal name is The Hospital for Sick Children Foundation. SickKids Hospital has the largest children's health centre in Canada and is the nation's most research-intensive hospital. SickKids Foundation runs three programs: Research, Patient Care, and Education, National, and International. The charity's most recent annual report is from F2025. While financial results are from F2026, program results are from F2025. In F2026, SKF granted $133.3m to SickKids Hospital. In F2025, SKF granted $155.7m.

Research accounted for $89.3m or 67% of grants in F2025. SKF funds research across seven areas: cell biology, child health evaluative sciences, developmental and stem cell biology, genetics and genome biology, molecular medicine, neurosciences, and mental health, and translational medicine. In F2025, SKF had 274 scientists, 234 research fellows, 644 research graduate students, and 501 research students. The charity did not disclose how many research grants it gave out in F2025.

Patient Care accounted for $30.6m or 23% of grants in F2025. SKF funds patient care at SickKids Hospital. In F2025, the hospital had 298,589 total ambulatory visits, 62,964 emergency visits, and 12,241 operating room cases. It admitted 16,146 inpatients with an average length of stay of 6.39 days and 293.6 beds occupied daily.

Education, National, and International accounted for $13.3m or 10% of grants in F2025. SKF helps strengthen Canadian and international health care. In Canada, it collaborates with Holland Bloorview Kids Rehabilitation Hospital and the Children's Hospital of Eastern Ontario through the Kids Health Alliance. Internationally, SickKids works to improve early cancer detection for children in the Caribbean.

In F2026, SickKids Foundations had $382.3m in total revenues. Donations accounted for $204.7m or 54% of revenues. Investment income accounted for $140.8m or 37% of revenues. In F2026, SKF spent $133.3m in grants to SickKids Hospital. This is 35% of revenues.

In F2026, administrative costs were $4.9m or 2% of revenues (less investment income). Fundraising costs were $65.2m or 28% of donations. For every dollar donated to the charity 70 cents are available to go to the cause. This is within Ci’s reasonable range.

As of F2026, the charity has $1.8b in cash and investments, of which $818.1m is donor endowed. Excluding donor-endowed funds, SKF’s reserves can cover just under 11 years of its annual grants. This is outside Ci’s reasonable range, which is common for hospital foundations.

SickKids Foundation's $1.8b in cash and investments earned $140.8m in investment income, at an 8% rate of return. Over the past five years the charity's investments averaged a 6% return. 

SickKids Foundation’s audited financial statements report it has committed $85.4m in grants to SickKids Hospital: $29.3m in F2027, $28.3m in F2028, and $27.8m in F2029.

SickKids Foundation runs a lottery. In F2026, it raised $29.4m and spent $21.6m on lottery costs, returning $7.8m net of expenses. For every dollar given to SickKids through its lottery, 26 cents are available to go to the cause.

SickKids Foundation uses external fundraisers. As the charity’s F2026 T3010 filing with the CRA was not yet available at the time of this update, the most recent data on external fundraisers is from F2025. In F2025, SickKids Foundation paid fundraisers $9.0m to collect $30.0m. It costs 30 cents to raise a dollar through external fundraisers in F2025.

Updated on August 24, 2026 by Raihan Firosh. Comments and corrections may be forthcoming.