Children's Hospital Foundation of Saskatchewan
Saskatoon, SK S7K 1M6
President & CEO: Brynn Boback-Lane
Board Chair: Greg Yuel
Charitable Reg. #: 13530 9342 RR0001
Grade: C-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Full-time staff #7
Avg. Compensation $79,038
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||1|
|$80k - $120k||0|
|$40k - $80k||6|
About Children's Hospital Foundation of Saskatchewan:
The Children's Hospital Foundation of Saskatchewan (CHFS) is dedicated to raising funds for the enhancement of children's healthcare and the Children's Hospital of Saskatchewan. In F2014, CHFS committed to raising $45 million to build a new children's hospital in Saskatoon. In F2015, CHFS has raised this fundraising commitment to $75 million (see CHFS's informative comments below). Construction began in September 2014, and it is expected to open in 2017. The new hospital will feature private rooms with sleep space for family members for all patients, dedicated family areas on each floor, and play areas for children and teenagers. In April 2014 the provincial government announced the expansion of the footprint to include 24 additional beds for the new hospital.
In addition, CHFS continues to support the existing enhancements of children's healthcare in the province. In F2014, CHFS granted $913k for existing pediatric needs, with 73% allocated to purchases of equipment & technology, 22% to research and education, and 5% to patient care.
In F2014 CHFS’s administrative costs were 6% of revenues, while fundraising costs were 11% of donations. Excluding $30.4m designated for the new hospital construction, funding reserves cover annual grants 1.8 times.
This charity report is an update that has been sent to the charity for review. Changes and edits may be forthcoming.
Updated August 6, 2015.
Financial RatiosFiscal year ending July
|Administrative costs as % of revenues||6.3%||7.6%||8.4%|
|Fundraising costs as % of donations||11.0%||11.2%||11.6%|
|Program cost coverage (%)||3,506.7%||3,969.2%||2,384.0%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||6,922||5,141||4,168|