Calgary Health Trust
Calgary, AB T2J 6A5
CEO: Jill Olynyk
Board Chair: M. Ann McCaig
Charitable Reg. #: 89383 4697 RR0001
Social Results Reporting
Grade: D+The grade is based on the charity's public reporting of the work it does and the results it achieves.
Program Cost Coverage
Full-time staff #44
Avg. Compensation $78,564
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||1|
|$160k - $200k||0|
|$120k - $160k||3|
|$80k - $120k||6|
|$40k - $80k||0|
About Calgary Health Trust:
Established in 1996, the Calgary Health Trust (CHT) is the fundraising arm of Alberta Health Services in Calgary.
The Calgary Health Trust raises funds to enhance patient care, acquire new equipment, and improve programs and services at health care organizations in and around Calgary. These include the Foothills Medical Centre, the Peter Lougheed Centre, Rockyview General Hospital, South Health Campus, Women's Health, Carewest continuing care centres, and the University of Calgary's Faculty of Medicine.
In F2015, the Calgary Health Trust's grant costs were $23.7m: $9.5m to the Alberta Health Services, $15.1m to the University of Calgary, $726k to the Prostate Cancer Foundation, and $66k to other organizations. $1.7m was returned to the Calgary Health Trust from previously funded programs not completed or completed at less than quoted prices, or programs no longer exist but the recipient is holding residual dollars.
In F2015, the Calgary Health Trust administrative costs were 2% of revenues, down from 3% in F2014. Fundraising costs were 61% of donations in F2015, up significantly from 36% in F2014. The Calgary Health Trust changed the reporting of its lotteries in F2015, combining it with special events. As no breakdown was provided for F2015, Ci has included all costs and revenues associated with lotteries in the F2015 fundraising ratio.
The Calgary Health Trust has funding reserves of $102m, including donor-endowed funds of $26m. The funding reserve including donor-endowed funds can cover annual grants for 4.3 years or 3.4 years if excluding donor-endowed funds.
Updated by Ruoxi Gao in 2016, currently under review by the Calgary Health Trust.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||1.6%||2.5%||2.6%|
|Fundraising costs as % of donations||61.2%||35.5%||47.9%|
|Program cost coverage (%)||427.6%||903.9%||453.9%|
Summary Financial StatementsAll figures in $000s
|Fees for service||3,716||5,153||5,674|
|Cash flow from operations||(2,899)||11,889||(1,934)|