Holland Bloorview Kids Rehabilitation Hospital Foundation

150 Kilgour Road
Toronto, ON M4G 1R8
President & CEO: Tracey Bailey
Board Chair: Jason Smith

Website: www.hollandbloorviewfoundation.ca
Charitable Reg. #: 88932 6278 RR0001
Sector: Health - Hospital Foundation
Public Foundation

Social Results Reporting

Grade: B-

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 ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #20

Avg. Compensation $109,607

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 1
$250k - $300k 0
$200k - $250k 1
$160k - $200k 0
$120k - $160k 3
$80k - $120k 5
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2014

About Holland Bloorview Kids Rehabilitation Hospital Foundation:

The Holland Bloorview Foundation was established in 1996 to encourage community interest and raise funds in support of Holland Bloorview Kids Rehabilitation Hospital. The Foundation is currently focused on raising $80m for the No Limits Campaign for Childhood Disability, which aims to recruit top talent, lead in collaborative research, support the family leadership program and invest in the education of future health professionals.

In F2014 the Foundation made $6.1m in grants to the hospital. The latest breakdown available is from F2012, which went to the following areas: research (29% of grant funding), research institute core funding (25%), client and family centred care (20%), teaching and learning (12%), equipment (9%), and other (5%).

Financial Review:

In F2014 fundraising costs were 33% of donations and special event revenues, while administrative costs were 30% of revenues. The Foundation has funding reserves of $93.7m, which cover annual program costs 15.5 times.

Financial Ratios

Fiscal year ending March
201420132012
Administrative costs as % of revenues 30.1%16.2%6.3%
Fundraising costs as % of donations 32.9%15.0%12.2%
Program cost coverage (%) 1,547.5%1,550.6%1,442.1%

Summary Financial Statements

All figures in $000s
201420132012
Donations 3,6529,69312,496
Special events 1,6821,5001,679
Investment income 6,4243,0906,531
Total revenues 11,75814,28220,707
Grants 6,0545,4855,346
Administrative costs 1,6061,811897
Fundraising costs 1,7531,6811,728
Cash flow from operations 2,3455,30612,736
Funding reserves 93,69185,04777,097
Note: Ci adjusted fundraising and administrative costs to reconcile with the charity’s CRA T3010 filing.

Comments added by the Charity:

The Holland Bloorview Kids Rehabilitation Hospital Foundation was established in 1996 to encourage community interest and raise funds in support of Holland Bloorview Kids Rehabilitation Hospital. The Foundation is currently focused on raising $80m for the No Limits Campaign for Childhood Disability, which aims to recruit top talent, lead in collaborative research, support the family leadership program and invest in the education of future health professionals.

In 2014 the Foundation made $6.1m in grants to the Hospital in the following areas: research (49% of grant funding), teaching and learning (19%), client and family centered care (15%), community resources (14%), and participation  & inclusion (3%).

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