Hospitals of Regina Foundation
Regina, SK S4P 4B3
President & CEO: Dino Sophocleous
Board Chair: Aaron Runge
Charitable Reg. #: 11911 4056 RR0001
Grade: CThe grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to the Cause
Full-time staff #13
Avg. Compensation $90,311
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||1|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||1|
|$80k - $120k||2|
|$40k - $80k||6|
About Hospitals of Regina Foundation:
Founded in 1987, Hospitals of Regina Foundation (HRF) works to improve healthcare in southern Saskatchewan. HRF provides funds to three hospitals: Pasqua Hospital, Regina General Hospital, and Wascana Rehabilitation Centre. In F2018, HRF received $8.0m in revenues and granted $2.6m to the hospitals it supports. HRF provides funding for patient care/medical equipment, training and research, and capital expenditures. HRF reports that in 2018, medical imaging was a priority, and it has committed $3.6m for medical imaging, including a new CT scanner, two ultrasound machines, a refurbished MRI and a new interventional radiology suite.
Hospitals of Regina Foundation primarily reports data regarding the patient care provided by its funded hospitals. HRF reports that in F2018, the IR suite at Regina General Hospital saw 4,000 patients and performed 5,446 procedures. In 2017, staff at the Prostate Assessment Centre saw more than 3,100 patients and performed 5,241 breast exams and 587 biopsies. Moreover, in 2018, the Centre performed 551 biopsies. In F2018, HRF reported 19,208 visits to the children's program at Wascana Rehab Centre, and 18,585 visits in 2017. Moreover, in 2018, Regina General performed 26,705 surgeries and provided NICU care for 475 babies.
Hospitals of Regina Foundation provides education and training opportunities for healthcare professionals. In 2012, the Dilawri Simulation Centre was opened to answer a need from an increasing number of health science students completing their training in Regina. Since the Centre opened, more than 16,000 people have trained on-site. In 2018 alone, the Centre hosted more than 3,200 learners and ran more than 600 simulation sessions.
Hospitals of Regina Foundation is a medium-sized charity with donations of $4.1m in F2018. In F2018, administrative costs are 20% of revenues (excluding investment income) and fundraising costs are 11% of donations. For every dollar donated, 69 cents go to the cause. This is within Charity Intelligence’s reasonable range for overhead spending.
HRF has total funding reserves of $33.8m, of which $7m is donor-endowed. Excluding donor-endowed funds, HRF can cover program costs for 14.5 years, excluding donor-endowed funds.
This charity report is an update that has been sent to Hospitals of Regina Foundation for review. Changes and edits may be forthcoming.
Updated on June 19th, 2019 by Parker Thomlinson.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||19.7%||18.9%||20.6%|
|Fundraising costs as % of donations||10.8%||10.3%||4.4%|
|Program cost coverage (%)||1,542.4%||1,980.0%||579.5%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||3,807||5,690||2,192|