St. Joseph's Health Centre Foundation of Toronto
Toronto, ON M6R 1B
President: Maria Dyck
Board President: Elizabeth Buller
Charitable Reg. #: 11918 3382 RR0001
Grade: B-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Full-time staff #10
Avg. Compensation $101,304
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||1|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||1|
|$80k - $120k||4|
|$40k - $80k||3|
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 for the benefit of St. Joseph's Heath Centre through the enhancement or improvement of the facilities and services provided by the Health Centre.
St. Joseph's Health Centre, founded in 1921, is a full service acute care community teaching hospital in the Catholic tradition, providing services in southwest Toronto. The Health Centre's clinical programs include: Women, Children, Family Health & Chronic Disease Management, Emergency, Mental Health & Addictions, Surgery & Oncology, and Diagnostic & Therapeutics.
In F2015 SJHCF made disbursements of $2.1m to the Health Centre. Fundraising was focused on the Health Centre’s priorities, with $1.6m (or 75% of disbursements) allocated to renovations, $252k to equipment (12%), $141k (7%) to patient care improvements, $57k (3%) to community engagement, and 1.5% to both research and education. The Foundation is currently raising funds for the Just for Kids clinic, which will have four private examination rooms instead of two.
Donations and other revenue in F2015 were $14.3m, up from $2.7m in F2014. The charity's audited financial statements provide no breakdown of this revenue category or explanation for the increase. In F2015 administrative costs were 4% of donations and fundraising costs were 14% of donations. The Foundation made disbursements of $2.1m (12% of total revenues) to the Health Centre. The Foundation has non-donor-endowed funding reserves of $9.5m, which cover annual program costs 7 times.
This charity report is an update that is being reviewed by the charity. Changes and edits may be forthcoming.
Updated July 23, 2015 by Zoe Best
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||3.8%||14.7%|
|Fundraising costs as % of donations||13.5%||43.2%|
|Program cost coverage (%)||1,153.3%||812.0%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||12,812||601|