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Michael Garron Hospital/Toronto East General Hospital Foundation

825 Coxwell Avenue, Office A128
Toronto, ON M4C 3E7
President: Mitze Mourinho
Board Chair: Eric Tripp

Website: foundation.tegh.on.ca
Charitable Reg. #: 11925 9448 RR0001
Sector: Health - Hospital Foundation
Public Foundation

Donor Accountability

Grade: C-

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

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

95¢
75¢
avg
65¢
50¢
2015 2016 2017
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #14

Avg. Compensation $88,785

Top 10 Staff Salary Range

$350k + 1
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 1
$120k - $160k 0
$80k - $120k 0
$40k - $80k 5
< $40k 0
Information from most recent CRA Charities Directorate filings for F2017

About Michael Garron Hospital/Toronto East General Hospital Foundation:

Michael Garron Hospital Foundation (formerly Toronto East General Hospital Foundation) is the fundraising arm of Toronto East Health Network. Toronto East Health Network consists of main campus Michael Garron Hospital (formerly Toronto East General Hospital) and teaching site facilities, including Flemingdon Community Health Centre, South East Toronto Family Health Team, and South East Toronto Family Health Team. Donations to the foundation are used to invest in technology, equipment, patient care amenities, and training at Toronto East Health Network.

Michael Garron Hospital Foundation granted $1.5m to the hospital in F2017, down from $5.1m in F2016.  In F2017, the hospital had 220,000 outpatient visits, 76,542 emergency visits, 2,882 births, and 431 physicians and midwives. The same year, the foundation spent donations toward refurbishing a spinal table and purchasing a new holmium laser for urology patients, 11 intensive care unit ventilators, 3 3D Echo machines, 2 treadmills for the hospital’s Wellness Centre, and a paediatric Glidescope for the hospital’s emergency department.

On December 2, 2015, the Toronto East General Hospital received the biggest donation in Canadian community hospital history from Myron and Berna Garron who gave $50 million to the hospital.  The donation led to Toronto East General Hospital changing its name to Toronto East Health Network and the name of its main campus to Michael Garron Hospital.  There has been some opposition against name changing a public hospital due to donations.

Financial Review:

Michael Garron Hospital Foundation is a Large charity with donations of $6.8m in F2017. Its administrative costs were 15% of revenues, up from 8.4% in F2016. Fundraising costs were 30% of donations, down from 31% in F2016 and 37% in F2015. For every dollar donated, 56 cents go to the cause, falling outside of Ci’s reasonable range for overhead spending. The foundation has funding reserves of $15.1m, including donor-endowed funds of $477k. Excluding donor-endowed funds, the funding reserve can cover annual grants for almost 10 years. Program cost coverage in F2017 was abnormally high as the foundation granted $1.5m in F2017 compared to $5.1m in F2016 and $5.5m in F2015.

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

Updated on July 12, 2018 by Joeyanne Cheung.

Financial Ratios

Fiscal year ending March
201720162015
Administrative costs as % of revenues 14.7%8.4%11.1%
Fundraising costs as % of donations 29.6%31.2%36.9%
Program cost coverage (%) 1,009.5%246.6%237.1%

Summary Financial Statements

All figures in $000s
201720162015
Donations 6,8157,6268,184
Investment income 127123190
Total revenues 6,9427,7498,373
Grants 1,4995,1445,506
Administrative costs 1,002638911
Fundraising costs 2,0182,3793,017
Cash flow from operations 2,423(412)(1,060)
Funding reserves 15,13212,68413,056
Note: Ci used administrative and fundraising allocations from the charity's T3010 CRA filing as the charity did not report fundraising costs separately from administration costs on its audited financial statements. Ci reported expenses $300 higher than the foundation stated on its financial statements because of differences between the foundation's CRA filings and its audited financial statements.

Comments added by the Charity:

Thank you for considering a donation or getting involved with Toronto East General Hospital Foundation. If you have any questions or would like further information, please call us at 416-469-6003.

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