North York General Hospital Foundation
Toronto, ON M2K 1E1
President & CEO: Terry Pursell
Board Chair: Mitch Frazer
Charitable Reg. #: 88875 1245 RR0001
Grade: B-The 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 #18
Avg. Compensation $124,223
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||2|
|$160k - $200k||0|
|$120k - $160k||1|
|$80k - $120k||6|
|$40k - $80k||0|
About North York General Hospital Foundation:
Founded in 1968, 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 over 100,000 visits annually and is now ranked in the 90% percentile for patient satisfaction.
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 RatiosFiscal year ending March
|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 StatementsAll figures in $000s
|Cash flow from operations||8,994||9,303||(2,081)|