Children's Hospital of Eastern Ontario Foundation

415 Smyth Road
Ottawa, ON K1H 8M8
President & CEO: Kevin Keohane
Board Chair: Peter O'Leary

Charitable Reg. #:11885 2474 RR0001


Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 1/5]



Audited financial statements for current and previous years available on the charity’s website.



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



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 52 cents are available for programs.

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About Children's Hospital of Eastern Ontario Foundation:

Founded in Ottawa in 1974, Children’s Hospital of Eastern Ontario Foundation (CHEO Foundation) aims to improve the physical, mental, and social well-being of children in eastern Ontario and western Quebec. It raises funds for the Children’s Hospital of Eastern Ontario (CHEO), including its main hospital building, the CHEO Research Institute, and the Roger Neilson House palliative care unit. CHEO reports that it receives more than 6,900 admissions, 7,800 surgery patients, and 169,000 outpatient visits. It also has one of Canada's busiest pediatric emergency rooms, with more than 72,000 visits each year. 

In F2020, CHEO Foundation granted $19.1m for equipment and capital projects, research funding, and hospital programs and services.

Equipment and capital projects represented 47% of grants in F2020. CHEO Foundation raises funds for renovations and new equipment to improve patient care. In 2019, it helped to fundraise for two new X-ray machines, which were last replaced 15 years earlier. CHEO reports that it performs around 50,000 X-rays each year. The foundation also installed a new “silent saw” for CHEO’s Orthopedics Clinic in 2019. CHEO Foundation states that its new saw technology helps to reduce distress among newborn and adolescent patients having their casts removed.

Research represented 31% of grants. CHEO Foundation funds research into the 7,000 rare genetic diseases that affect around one million Canadian children and families. CHEO’s research programs support 200 physicians and 100 scientists from around the world. In 2019, a study found that CHEO’s Healthy Active Living and Obesity (HALO) Research Group was the world’s most active institution in physical activity and sleep research, having published 3% of papers in the field between 1979 and 2018.

Programs and services were the remaining 22% of grants. CHEO Foundation aims to improve mental health support for children and youth in eastern Ontario. It states that CHEO receives 3,100 visits each year from patients in need of mental health care. CHEO Foundation funds the hospital’s Head to Toe program, which trains physicians to speak to all young patients aged 12 or older about mental health, within four hours of admission for any reason.

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Results and Impact

CHEO Foundation has not yet posted its 2020 annual report at the time of this update. These results refer to 2019 and earlier.

In 2017, CHEO implemented a new mental health care delivery system called the Choice and Partnership Approach (CAPA). The CAPA model allows children and their families to personally select clinicians who can best serve their needs through a series of consultations. It aims to improve patient satisfaction and the overall efficacy of mental health care. CHEO Foundation reports that the new model resulted in a 73% drop in wait times for child and youth mental health services.

While Ci highlights these key results, they may not be a complete representation of CHEO Foundation’s results and impact. This charity is not yet rated on impact (n/r).

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Children’s Hospital of Eastern Ontario Foundation received cash donations of $22.6m in F2020. Administrative costs are 4% of revenues (less investment income) and fundraising costs are 44% of donations. This results in total overhead spending of 48%. For every dollar donated to the charity, 52 cents go to the cause. This is outside of Ci’s reasonable range for overhead spending, which has been the case for the past three years. CHEO Foundation reports lottery expenses within fundraising costs, unlike almost all other charities with major lotteries that report lottery costs separately. As such, Ci was unable to report fundraising ratios with lottery costs excluded. CHEO Foundation’s overhead costs are likely overstated.

CHEO Foundation has $106.2m in funding reserves, of which $22.4m is donor-endowed. Excluding donor-endowed funds, CHEO Foundation can cover 467% or around 4.7 years of annual grant costs.

CHEO Foundation's funding reserves contributed $6.7m in investment income in F2020, at an estimated rate of return of 8% ($10.3m at a rate of return of 15% in F2019). Over the last nine years, Ci estimates that CHEO Foundation's investment returns have averaged 8%. 

In F2020, CHEO Foundation provided grants to three related parties. It reported grants of $13.9m to CHEO (66% of grants), $6.1m to CHEO Research Institute (29%), and $986k to Roger Neilson House (5%). It had an unpaid grant balance of $3.1m at year end, which rose by $1.6m from the previous year. CHEO Foundation has committed $19.3m in future grants for F2021.

Charity Intelligence has sent this update to Children’s Hospital of Eastern Ontario Foundation for review. Changes and edits may be forthcoming.

Updated on July 20, 2021 by Eric Zhao.

Financial Review

Financial Ratios

Fiscal year ending December
Administrative costs as % of revenues 3.8%5.2%4.5%
Fundraising costs as % of donations 44.5%56.2%49.6%
Total overhead spending 48.3%61.4%54.1%
Program cost coverage (%) 466.6%463.3%465.5%

Summary Financial Statements

All figures in $000s
Donations 22,58118,93818,904
Goods in kind 277268389
Lotteries (net) 12,6109,3148,050
Business activities (net) 1,1542,9232,693
Investment income 6,69010,280408
Other income 0067
Total revenues 43,31241,72330,510
Grants 19,07916,79114,432
Donated goods exp 277268389
Administrative costs 1,3861,6291,348
Fundraising costs 10,04310,6519,383
Total spending 30,78529,33925,552
Cash flow from operations 12,52712,3844,958
Capital spending 000
Funding reserves 106,19493,81882,226

Note: Ci typically presents lottery revenues net of expenses, resulting in a lower fundraising ratio. Since CHEO Foundation does not distinguish lottery costs from fundraising costs in its audited financial statements, Ci reported lottery revenues as a gross figure. Ci reported contributed services as goods in kind and removed the amounts from donations. Ci reported parking revenues net of lease and operating expenses in business activities. This affected revenues and expenses by ($1.3m) in F2020, ($1.7m) in F2019, and ($1.8m) in F2018. In F2020, CHEO Foundation’s audited financials began reporting unpaid balances to grant recipients. To report on a cash basis, Ci adjusted grants by changes in amounts due to related parties in F2020, affecting expenses by ($1.6m). Ci removed amortization from administrative costs.

Salary Information

Full-time staff: 40

Avg. compensation: $91,388

Top 10 staff salary range:

$350k +
$300k - $350k
$250k - $300k
$200k - $250k
$160k - $200k
$120k - $160k
$80k - $120k
$40k - $80k
< $40k

Information from most recent CRA Charities Directorate filings for F2019

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Comments & Contact

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Charity Contact

This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 613-737-2780


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Charitable Registration Number: 80340 7956 RR0001