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Peace Arch Hospital Foundation

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

Website: www.pahfoundation.ca
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

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 $80,311

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 1
$120k - $160k 1
$80k - $120k 4
$40k - $80k 4
< $40k 0
Information from most recent CRA Charities Directorate filings for F2017

About Peace Arch Hospital Foundation:

Founded in 1988, Peace Arch Hospital Foundation (PAH Foundation) raises money to improve the health of people in the White Rock/South Surrey area of British Columbia. The majority of grants from the foundation are received by Peace Arch Hospital to fund building upgrades, purchase medical equipment, and improve patient comfort. Each year, the hospital treats more than 50,000 patients in the ER, delivers 1,000 babies, and performs 9,000 surgeries. Based on population growth projections, the hospital will need to increase its number of beds by up to 50% to accommodate demand in 2030.

In F2017, PAH Foundation distributed $1.3 million in grants to the hospital, reporting that approximately $1.0 million is spent on equipment each year. Recent medical equipment purchases include: two newborn incubators, a mobile infant warming unit, a ventilator, two defibrillators, a digital x-ray unit, and a specialized camera used in minimally-invasive surgeries. Money granted to the hospital is also used in building expansions such as the ER expansion which is set to open in 2020. The upgraded department will be three times the current size and have a private triage area, dedicated ambulance entrance, and more treatment areas.

PAH Foundation is in the process of constructing a $10 million hospice and long-term care facility adjacent to the hospital. The building will house 15 hospice beds, 112 beds for 24-hour long-term care, and 73 beds for elders with behavioral issues due to mental illness. Once complete, the building will be leased and operated by the Fraser Health Authority, a healthcare group which includes Peace Arch Hospital.

In F2017, PAH Foundation distributed $78,123 in grants to improve health outside of the hospital. The grants are used to educate people about healthy living and decrease inactivity by creating an accessible, all-ages playground. By providing community grants, PAH Foundation works to prevent hospital visits as an inactive person spends an average of 38% more days in hospital than an active person.

Results and Impact: In F2016, Peace Arch Hospital Foundation raised $800,000 to purchase a new digital x-ray unit. Compared to the old machine, the digital x-ray is faster and provides a better image quality while exposing a patient to less radiation. The new machine has been used to treat 100 additional patients per month.  

Financial Review:

Peace Arch Hospital Foundation is a Large charity, with donations and special events revenue of $8.2m in F2017. From F2013 through F2016, annual donations were relatively consistent and averaged $3.5m. From F2016 to F2017, donations increased by 200%.

Administrative costs are 11% of revenues and fundraising costs are 17% of donations. For every $1 donated, 72 cents go to the cause, falling within Ci’s reasonable range. The foundation has funding reserves of $45.3m, of which $1.1m is donor-endowed. Funding reserves could cover program costs for over 31 years. This does not indicate a need for funding. 

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

Updated on July 23, 2018 by Madison Kerr.

Financial Ratios

Fiscal year ending March
201720162015
Administrative costs as % of revenues 10.5%17.1%25.2%
Fundraising costs as % of donations 17.1%24.1%29.1%
Program cost coverage (%) 3,142.6%3,488.4%4,743.1%

Summary Financial Statements

All figures in $000s
201720162015
Donations 7,1593,6062,630
Business activities (net) 516545440
Special events 1,066926927
Investment income 4,184(604)2,576
Total revenues 12,9254,4746,573
Program costs 8011139
Grants 1,362936713
Administrative costs 9168681,009
Fundraising costs 1,4061,0941,036
Cash flow from operations 9,1601,4653,775
Funding reserves 45,31636,54135,682
Note: Ci included ancillary expense in net business activities, affecting both revenue by ($40k) in F2017, and ($6k) in F2016, and ($71k) in F2015. Program, grants, administrative, and fundraising expenses are as reported on the charity's T3010. Amortization has been removed from program, administrative, and fundraising costs pro-rata. 

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 www.pahfoundation.ca

 

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