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: BThe 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 #7
Avg. Compensation $103,987
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||1|
|$120k - $160k||0|
|$80k - $120k||2|
|$40k - $80k||4|
About Jim Pattison Children's Hospital Foundation:
Children’s Hospital Foundation of Saskatchewan (CHFS) was founded in 1992, in Saskatoon, to raise funds for the enhancement of children’s healthcare and a new children’s hospital. On May 30, 2017, Jim Pattison donated $50m to CHFS. In honour of this donation, the foundation and new hospital were renamed after him as Jim Pattison Children’s Hospital Foundation (JPCHF) and Jim Pattison Children’s Hospital. In F2018, 80% of foundation grants went to the construction of Jim Pattison Children’s Hospital, 13% to equipment and technology, 5% to research and education, and 2% to patient care.
Jim Pattison Children’s Hospital Foundation’s primary campaign is to raise $75m to build a new children’s hospital. They have been raising funds since 2011 and began building the hospital on September 25, 2014. As of April 2018, construction was 83% complete and is set to open in the fall of 2019. JPCHF reports that, once completed, Jim Pattison Children’s Hospital will see more than 21,000 young patients a year in pediatric emergency alone. In addition, there will be space for over 6,000 pregnant women every year and 4,000 children each year who need overnight stays.
In F2018, Jim Pattison Children’s Hospital Foundation helped fund equipment, and research and education unrelated to the Jim Pattison Children’s Hospital. JPCHF purchased 16 maternal equipment pieces needed for other medical centres. Moreover, JPCHF provided funding for six research projects in Saskatchewan as well as the funding for three pediatric fellowships.
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 medium-sized charity with $9.5m in donations and special events revenue in F2018. Investment income contributed an additional $1.5m in revenues. Administrative costs were 8% of revenues (excluding investment income) and fundraising costs were 14% of donations and special events fundraising. As such, for every dollar donated, 78 cents go to the cause. This is within Charity Intelligence’s reasonable range for overhead spending.
Funding reserves were $80m in F2018. These funds can cover annual program costs for nine years. It should be noted that Jim Pattison Children’s Hospital Foundation is in an extraordinary capital campaign as it raises money for the new hospital.
This charity report is an update that has been sent to Jim Pattison’s Children Hospital Foundation for review. Changes and edits may be forthcoming.
Updated June 18, 2019 by Parker Thomlinson.
Financial RatiosFiscal year ending July
|Administrative costs as % of revenues||7.5%||2.9%||4.7%|
|Fundraising costs as % of donations||14.5%||5.8%||11.9%|
|Program cost coverage (%)||910.3%||4,772.9%||2,763.6%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||175||19,119||8,781|