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Peace Arch Hospital Foundation

15521 Russell Avenue
White Rock, BC V4B 2R4
Executive Director: Stephanie Beck
Board Chair: Art Reitmayer

Charitable Reg. #: 12731 1348 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

Funding Reserves Program Costs

Spending Breakdown

Cents to The Cause

2013 2014 2015
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #11

Avg. Compensation $86,681

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 1
$80k - $120k 3
$40k - $80k 6
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

About Peace Arch Hospital Foundation:

Established in 1988, the Peace Arch Hospital Foundation is the fundraising arm of the Peace Arch Hospital, a community hospital located in White Rock, British Columbia.   In F2015, the foundation granted $70k to communities in White Rock/South Surrey and $643k to Peace Arch Hospital.  The grants to Peace Arch Hospital were used to support  priorities including expansion of the emergency department and residential care capacity, and redevelopment of its surgical inpatient program. 

On May 1, 2015, the Ministry of Health, Fraser Health and the Peace Arch Hospital Foundation  announced a comprehensive $65 million site redevelopment and expansion plan for Peace Arch Hospital.   Of the $65m,  $20m will be used to expand the emergency department, and $45m will be  used towards a residential care and hospice facility.  The $20 million expansion of the emergency department is funded through the Peace Arch Hospital Foundation’s contribution of $15 million, with an additional $5 million from the Province through Fraser Health.  Of the $15m that the foundation has committed to fund the emergency department, more than $9 million is being held for disbursement when construction gets under way in 2016.  The  Peace Arch Hospital Foundation will fund the  $45m investment in the  residential care and hospice facility, which includes  a 200-bed complex care facility featuring 112 residential care beds, 73 mental health beds, and a 15-bed hospice residence.  The foundation has currently raised $4m for the residential care  project.  The  $65 million site redevelopment and expansion plan is the current fundraising priority and funds will be disbursed as construction progresses.



Financial Review:

In F2015, the Peace Arch Hospital Foundation  spent 9% of revenues on administrative costs, up from 3% in F2013.  20% of donations were spent on fundraising costs in F2015, up from 13% in F2014 and F2013.

In F2015, the charity has $35.7m in funding reserves, including $13.3m in externally-restricted funds for the capital expansion.   Total funding reserves can cover annual grants and programs for 21 years or 22 years excluding externally-restricted funds.

Analysis updated by Ruoxi Gao in 2016, currently under review by  the Peace Arch Hospital Foundation.  Changes and updates may be forthcoming.



Financial Ratios

Fiscal year ending June
Administrative costs as % of revenues 8.8%5.2%3.1%
Fundraising costs as % of donations 19.9%12.8%13.2%
Program cost coverage (%) 2,141.2%1,491.8%1,277.1%

Summary Financial Statements

All figures in $000s
Donations 2,6303,9313,653
Business activities (net) 440453455
Special events 927775704
Investment income 2,5763,6241,756
Total revenues 6,5738,7846,568
Program costs 9531,0541,086
Grants 7131,098725
Administrative costs 351270245
Fundraising costs 709601574
Cash flow from operations 3,8465,7603,938
Funding reserves 35,68232,10923,128
Note: Ci included ancillary expense in net ancillary revenue, lowering both total revenue and total expense by $70k in F2015, $63k in F2014, and $11k in F2013.

Comments added by the Charity:

The mission of Peace Arch Hospital and Community Health Foundation is to raise funds and awareness to enhance health and wellness in the White Rock/South Surrey community.

Incorporated in 1988, we have raised more than $100 million to fund vital health care services and medical equipment at Peace Arch Hospital and to support community health care initiatives. Recently completed projects include a new MRI, redevelopment of the maternity ward, and the Centre for Active Living.

With a community that is growing exponentially, our immediate priority is to raise funds for the redevelopment and expansion of the emergency department, as well as a new residential care complex and hospice residence.

Funding reserves shown include endowment funds and dollars raised for the above  and other projects not yet built. In fiscal 2012, our administrative costs were higher than anticipated due to the lottery loss and organizational restructure in preparation and planning of our next campaign.

Supporting community health care initiatives is our second focus and each year we grant more than $150,000 to organizations and societies in the community who offer innovative health and wellness programs and research projects.

Learn more about Peace Arch Hospital and Community Health Foundation and how we’re making an impact or to contact us directly, please go to


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