Jim Pattison Children's Hospital Foundation
Saskatoon, SK S7K 1M6
President & CEO: Brynn Boback-Lane
Board Chair: Shelley Brown
Charitable Reg. #: 13530 9342 RR0001
Grade: B-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Full-time staff #11
Avg. Compensation $74,762
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||1|
|$80k - $120k||2|
|$40k - $80k||7|
About Jim Pattison Children's Hospital Foundation:
Founded in 1992, Children’s Hospital Foundation of Saskatchewan is dedicated to raising funds for the enhancement of children’s healthcare and the Children’s Hospital of Saskatchewan. On May 30, 2017, the foundation announced a donation of $50m by Jim Pattison to the Children’s Hospital Foundation of Saskatchewan. In honour of the gift, the new children’s hospital will be renamed Jim Pattison Children’s Hospital. Accordingly, the foundation has also changed its name, becoming Jim Pattison Children’s Hospital Foundation.
Jim Pattison Children’s Hospital Foundation is currently constructing a new children’s hospital in Saskatoon. As of May 2017, the hospital is 50% complete and is expected to open in 2019. The new hospital will have features like all private patient rooms with sleep space for family members, dedicated family areas on each floor, neonatal intensive care units for twins and play areas for children. It will be the dedicated provincial children’s hospital and a provincial referral centre for moms-to-be.
Children's Hospital Foundation of Saskatchewan continued to support the existing operations of the hospital. In F2016, the foundation granted $2.2m to the hospital, with 60% allocated to patient care, 21% to purchases of equipment and technology, and 19% to research and education.
The foundation has been granted permission from Canada Revenue Agency to accumulate funds of up to $70m from August 1, 2004 to July 31, 2019 for the purpose of constructing the Children's Hospital of Saskatchewan.
Jim Pattison Children’s Hospital Foundation is a big-cap charity with $11.5m in donations and special events revenue in F2016. Investment income contributed an additional $1.4m in revenues. Administrative costs were 5% of revenues and fundraising costs were 12% of donations. As such, for every $1 donated, 83 cents went to the cause. This falls within Charity Intelligence’s reasonable range of overhead spending.
Funding reserves were $60.2m in F2016. These funds can cover annual program costs 27.6 times. It should be noted that Jim Pattison Children’s Hospital Foundation is in an extraordinary capital campaign as it raises money for equipment, research and technology for the new hospital.
This charity report is an update that is currently being reviewed by Jim Pattison’s Children Hospital Foundation. Changes and edits may be forthcoming.
Updated June 8, 2017 by Juliana Badovinac.
Financial RatiosFiscal year ending July
|Administrative costs as % of revenues||4.7%||2.7%||6.3%|
|Fundraising costs as % of donations||11.9%||4.7%||11.0%|
|Program cost coverage (%)||2,763.6%||4,853.7%||3,504.7%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||8,781||19,143||6,922|