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St. Joseph's Health Centre Foundation of Toronto

30 The Queensway
Toronto, ON M6R 1B5
President: Maria Dyck
Board Chair: Roman Dubczak

Website: www.supportstjoes.ca
Charitable Reg. #: 11918 3382 RR0001
Sector: Health - Hospital Foundation
Public Foundation

Donor Accountability

Grade: C+

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2015 2016 2017
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #14

Avg. Compensation $94,496

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 1
$250k - $300k 0
$200k - $250k 0
$160k - $200k 2
$120k - $160k 1
$80k - $120k 2
$40k - $80k 4
< $40k 0
Information from most recent CRA Charities Directorate filings for F2017

About St. Joseph's Health Centre Foundation of Toronto:

St. Joseph's Health Centre Foundation of Toronto (SJHCF), registered in 1984, was created to receive and maintain funds to improve the facilities and services at St. Joseph's Heath Centre Toronto.

St. Joseph's Health Centre Toronto, founded in 1921, is a full service acute care community teaching hospital in the Catholic tradition and provides services in southwest Toronto. The hospital’s patient care services include: Children, Emergency, Mental Health, Addictions, Surgery, Orthopedics, and Diagnostic Imaging. In F2017, St. Joseph's Health Centre Foundation of Toronto granted $2.6m to the hospital.

St. Joseph's Health Centre Foundation of Toronto spent 78% of grants on hospital renovations in F2017. In April 2016, the hospital finished its renovation of the children’s floor and clinic, including a play area and converting two examination rooms into four so pediatricians could increase patient visits. The same month, the hospital finished renovating the waiting area for patients having chemotherapy. The hospital created a calming lounge for mental health patients while they stay at the hospital.

Teaching, education, and research were 10% of grants in F2017. In 2017, the hospital trained 2,680 staff, 400 doctors, 600 medical students, and 570 interprofessional practice students.

St. Joseph's Health Centre Foundation of Toronto spent 7% of grants on patient care in F2017. In F2017, the hospital had over 100,000 emergency visits, over 247,000 outpatient care visits, and 3,275 births. It performed over 182,000 imaging procedures over eight methods, including the X-ray.

St. Joseph's Health Centre Foundation of Toronto’s remaining 5% of grants were spent on new technology and equipment. A new interventional suite was built with high imaging resolution imaging technology that allows between 12 and 14 life-saving procedures daily, such as performing biopsies to diagnose cancer, inserting devices to deliver chemotherapy, and stopping bleeding from post-surgical complications.

Results and Impact: The hospital’s new method to quickly assess the needs of emergency care patients led to patients directed faster to the appropriate care, resulting in 55% of patients discharged within two hours.  In SJHCF’s fall 2017 newsletter, it reports that ten new digital chest tube units in the operating room allow patients who require lung surgery to walk around and informs them of any lung air leaks.

Financial Review:

St. Joseph's Health Centre Foundation of Toronto is a Large charity with $7.3m in donations and special events revenue in F2017. SJHCF reports donations and other revenues together. They were $14.3m in F2015, significantly higher than other years. The charity's audited financial statements provide no breakdown of this revenue category or explanation for the increase. In F2017, administrative costs were 7% of donations and fundraising costs were 34% of donations. Fundraising costs varied significantly among the three years from varying donations received. For every dollar donated, 59 cents go to the cause, which falls outside of Ci’s reasonable range for overhead spending. The charity has $25.3m in funding reserves, which can cover grants for 9.9 years. This coverage does not show a need for funding. SJHCF reports endowed funds in its financial statements, but does not disclose how much is donor endowed and how much is internally board endowed.

This charity report is an update that has been sent to St. Joseph's Health Centre Foundation of Toronto for review. Changes and edits may be forthcoming.

Updated June 21, 2018 by Joeyanne Cheung.

Financial Ratios

Fiscal year ending March
201720162015
Administrative costs as % of revenues 6.9%7.6%3.8%
Fundraising costs as % of donations 33.9%42.0%13.5%
Program cost coverage (%) 988.1%1,141.5%1,153.3%

Summary Financial Statements

All figures in $000s
201720162015
Donations 6,1144,69214,280
Special events 1,1801,1761,516
Investment income 490491,824
Total revenues 7,7845,91717,620
Grants 2,5572,1952,081
Administrative costs 501443592
Fundraising costs 2,4762,4622,134
Cash flow from operations 2,25081712,812
Funding reserves 25,26925,05224,006
Note: Ci did not include unrealized gains/losses in revenues, increasing revenues by $224k in F2015. Ci included investment management fees in investment income, reducing revenues and expenses by $79k in F2017, $76k in F2016, and $78k in F2017.

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