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North York General Hospital Foundation

4001 Leslie Street
Toronto, ON M2K 1E1
President & CEO: Terry Pursell
Board Chair: Mitch Frazer

Website: www.nyghfoundation.ca
Charitable Reg. #: 88875 1245 RR0001
Sector: Health - Hospital Foundation
Public Foundation

Donor Accountability

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 ]

Need for Funding

donor
endowed
Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2016 2017 2018
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #18

Avg. Compensation $124,223

Top 10 Staff Salary Range

$350k + 1
$300k - $350k 0
$250k - $300k 0
$200k - $250k 2
$160k - $200k 0
$120k - $160k 1
$80k - $120k 6
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2017

About North York General Hospital Foundation:

Founded in 1972, North York General Hospital Foundation (NYGH Foundation) raises money to buy equipment, upgrade facilities, and support research at North York General Hospital (NYGH). In F2017, NYGH Foundation granted $4.4 million to the hospital for use in cancer care, cardiac care, maternal and newborn treatment, medical imaging, paediatrics, surgery, and research.

The hospital sees over 420,000 patients every year. The number of patient visits to the cancer care clinic has increased by 60% over the past five years, with 22,500 visits in F2017. Since heart failure is the leading cause of hospital admission for seniors, NYGH Foundation hopes to purchase new equipment for the cardiac centre, including defibrillators and a heart stress test system. NYGH Foundation has worked with The Maddie Project to raise $1 million and create a 1.2-acre greenspace for use in mental health treatment.  

In F2017, NYGH Foundation hired external fundraisers to organize a walkathon. The fundraisers were paid $40k and collected $231k in revenue, for a cost of 17 cents per dollar raised.

Results and Impact: North York General Hospital Foundation contributed $5.3m to a renovation of the Charlotte and Lewis Steinberg Emergency centre which was completed in F2016. The emergency centre has 120,000 visits annually and is now ranked in the 90% percentile for patient satisfaction.

Financial Review:

North York General Hospital Foundation is a Large charity, with donations and special events revenue of $16.2m in F2018. Administrative costs are 9% of revenues and fundraising costs are 13% of donations. For every $1 raised, 78 cents go to the cause, falling well within Ci’s reasonable range. NYGH Foundation has $89.6m in funding reserves, of which $61.0m is donor-endowed. Excluding donor-endowed funds, reserves can cover program costs for just under 6 years. 

This charity report is an update that has been sent to North York General Hospital Foundation for review. Changes and edits may be forthcoming.

Updated on July 16, 2018 by Madison Kerr.

Financial Ratios

Fiscal year ending March
201820172016
Administrative costs as % of revenues 9.1%11.0%14.6%
Fundraising costs as % of donations 13.1%19.8%21.5%
Program cost coverage (%) 1,130.5%1,858.9%702.0%

Summary Financial Statements

All figures in $000s
201820172016
Donations 15,48311,1259,404
Special events 7111,805947
Investment income 4,3284,7411,517
Total revenues 20,52117,67111,867
Grants 7,9264,38310,212
Administrative costs 1,4731,4251,510
Fundraising costs 2,1282,5602,226
Cash flow from operations 8,9949,303(2,081)
Funding reserves 89,60281,47871,693
Note: Ci excluded gain on sale of revenue-producing properties, reducing revenues by ($1.2m) in F2016. Ci reports net revenues from parking operations. Ci reports investment income as reported investment income less investment management fees.

Comments added by the Charity:

North York General Hospital Foundation added in 2014:

The North York General Hospital Foundation (the Foundation) exists to raise and steward the philanthropic funds that support North York General’s mission to provide exceptional health care to its diverse communities. Donors are making a world of difference to patients and their families by supporting the renovation of leading-edge facilities and the purchase of state-of-the-art technology and equipment. Donors also fund clinical research and educational initiatives that will help North York General to enhance standards for quality, safe patient care.

During FY2013, the Foundation granted a record-setting $5.5 million to support the Hospital’s most pressing needs, including $3.7M for medical equipment, $700,000 for clinical research; $600,000 for scholarships and other educational initiatives that support exceptional patient care, and $539,000 for improvements to hospital facilities. Examples include funding for a CT scanner with 3-D imaging capability, training of 1,000 nurses on the use of Smart Intravenous Pumps, and the update of every patient room in palliative care.

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