Queensway Carleton Hospital Foundation
Ottawa, ON K2H 8P4
President & CEO: Melanie Adams
Board Chair: Ron Prehogan
Charitable Reg. #: 13725 3571 RR0001
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.
Program Cost Coverage
Full-time staff #12
Avg. Compensation $84,652
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||5|
|$40k - $80k||4|
About Queensway Carleton Hospital Foundation:
The Queensway Carleton Hospital Foundation (QCHF) is the fundraising arm of the Queensway Carleton Hospital, which serves a community of over 400,000 people in the Ottawa Valley. Its mission is to improve and save lives by working with donors, the hospital and the community to encourage philanthropic gifts in support of patient care.
QCHF has launched a new campaign – Advancing Care for All Ages, which aims to raise $30 million. This campaign will help fund the Acute Care of the Elderly (ACE) Unit, a 34-bed geriatric care facility. The funds will also be used to purchase new diagnostic imaging equipment, including a new MRI machine, Fluoroscopy Unit, and Nuclear Gamma Camera. QCHF also aims to improve patient care through improvements to its mental health and childbirth programs.
In F2014, administrative costs were 14% of total revenues, up from 10% in F2013 and 4% in F2012. Fundraising costs were 24% of donations, which totalled $3.4m in F2014. Revenues generated from the parking facility and gift shop are listed under business activities. A decline in investments from $6.1m in F2013 to $2.2m in F2014 dropped net funding reserves below zero due to a $9.4m loan. Excluding the loan, funding reserves of $8.7m would cover annual grants 1.3 times.
This charity report is an update that is being reviewed by Queensway Carleton Hospital Foundation. Changes and edits may be forthcoming.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||13.6%||9.8%||4.2%|
|Fundraising costs as % of donations||23.8%||22.1%||8.3%|
|Program cost coverage (%)||(10.1%)||44.4%||52.1%|
Summary Financial StatementsAll figures in $000s
|Goods in kind||0||1||4|
|Business activities (net)||3,261||3,226||3,133|
|Cash flow from operations||(1,579)||(2,054)||2,600|