North York General Hospital Foundation

4001 Leslie Street
Toronto, ON M2K 1E1
President & CEO: Terry Pursell
Board Member: Murray Perelman

Charitable Reg. #: 88875 1245 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 #23

Avg. Compensation $112,048

Top 10 Staff Salary Range

$350k + 1
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 1
$120k - $160k 0
$80k - $120k 6
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

About North York General Hospital Foundation:

Since 1972, North York General Hospital Foundation (NYGHF) has raisedfunds to purchase equipment, upgrade facilities and support research at North York General Hospital. The charity reports that community hospitals provide 80% of patient care in Ontario. North York General Hospital serves 400,000 patients every year.

In F2015, North York General Hospital Foundation allocated $6.1m to North York General Hospital. NYGHF gave $5.3m to upgrade the Charlotte and Lewis Steinberg Emergency centre and invested $771k in cancer research and care. The hospital trained 11 oncology nurses and 6 chemotherapy nurses. It supports 2,100 cancer patients each year. North York General Hospital performs 40,000 surgeries annually and is looking to improve its minimally invasive surgery practices. North York General Hospital Foundation plans to make North York General Hospital Canada's first hospital that specializes in practice-based research.

Financial Review:

North York General Hospital Foundation is a Big-Cap charity with donations and special event revenue of $10.2m in F2015. Administrative costs are 16% of total revenues and fundraising costs are 25% of total donations. Total overhead costs come to 40%, falling outside of Ci's reasonable range. NYGHF has funding reserves of $72.2m that can cover program costs for 11.9 years. Excluding donor-endowed funds of $48.5m, funding reserves can cover program costs for 6.5 years.

This charity report is an update that is being reviewed by the charity. Changes and edits may be forthcoming.

Updated on June 30th, 2016 by Mirza Ali Shakir.

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 15.6%16.7%14.7%
Fundraising costs as % of donations 24.8%26.0%19.3%
Program cost coverage (%) 1,193.3%1,101.7%993.9%

Summary Financial Statements

All figures in $000s
Donations 9,0438,3229,980
Business activities (net) 6471,076658
Special events 1,1581,161932
Investment income 7,7347,7154,415
Total revenues 18,58218,27415,986
Grants 6,0535,8835,515
Administrative costs 1,6901,7661,702
Fundraising costs 2,5332,4642,104
Cash flow from operations 8,3068,1606,665
Funding reserves 72,22764,82054,811
Note: Ci excluded gain on sale of revenue-producing properties from the income statement. Ci reports net revenues from parking operations, decreasing both revenues and expenses by $3m in F2015, $6m in F2014 and $5.9m in F2013. Ci removed investment management fees from revenues and includes them in its expenses calculation.

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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