Ottawa Hospital Foundation

737 Parkdale Avenue, 1st Floor, Box 610
Ottawa, ON K1Y 1J8
President & CEO: Tim Kluke
Board Chair: James Harmon

Website: www.ohfoundation.ca
Charitable Reg. #: 86904 2747 RR0001
Sector: Health - Hospital Foundation
Public Foundation

Charity Rating

[Charity Rating: 4/4]

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

donor
endowed
Funding Reserves Program Costs

Spending Breakdown

Full-time staff #37

Avg. Compensation $80,480

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 1
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 2
$80k - $120k 4
$40k - $80k 3
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About Ottawa Hospital Foundation:

Founded in 1999, Ottawa Hospital Foundation (OHF) works to inspire, enable, and recognize community support for patient care and enable research at The Ottawa Hospital and the Ottawa Hospital Research Institute. The Ottawa Hospital is one of Canada's largest acute care hospitals, serving 1.3m residents in Eastern Ontario. The Hospital has 1800 scientists, clinical investigators, trainees and staff working on 1663 active research projects and clinical trials. OHF raises funds for Ottawa's General, Civic, and Riverside hospitals.

The Ottawa Hospital Cancer Centre is the second largest outpatient cancer centre in Ontario, providing care for 24,000 patients annually. Donations to OHF helped fund the purchase of the da Vinci Surgical System in 2010, resulting in 1,189 successful surgeries.  Funding also goes towards innovation in medical technology and procedures, such as the SIM Centre, which provides hands-on training and practice to doctors on human simulators.

In January 2017, construction began on the new Breast Health Centre, with the official opening anticipated for early 2018. This new centre will have state-of-the-art equipment, including a 3 Tesla MRI: the first in Canada to be dedicated to breast imaging. With the new building, exam room numbers will triple and more space will be dedicated to research and clinical trials.

Financial Review:

Ottawa Hospital Foundation is a Major 100 charity, with donations of $24.4m in F2016. An additional $3.7m and $305k were raised in investments and lotteries, respectively. Of total grants given from Ottawa Hospital Foundation, 63% were allocated to Ottawa Hospital Research Institute ($11.3m) and 36% to Ottawa Hospital ($6.5m). Less than 1% of grants went to the University of Ottawa Heart Institute, University of Ottawa Faculty of Medicine, and Dalhousie University Medical Research Foundation combined.

In F2016, administrative costs were 4% of revenues and fundraising costs were 18% of donations. As such, for every $1 donated, 78 cents went to the cause. This falls within Charity Intelligence’s range of reasonable overhead spending. OHF has funding reserves of $86.1m, including donor-endowed funds of $65.5m (76% of total funding reserves). OHF’s non-donor-endowed funding reserves cover 1.4 years of program costs.

This charity report is an update that is being reviewed by The Ottawa Hospital Foundation. Changes and edits may be forthcoming.

Updated May 31, 2017 by Juliana Badovinac

Financial Ratios

Fiscal year ending March
201620152014
Administrative costs as % of revenues 4.2%4.9%4.2%
Fundraising costs as % of donations 18.2%20.3%17.1%
Program cost coverage (%) 480.8%408.8%430.4%

Summary Financial Statements

All figures in $000s
201620152014
Donations 24,40822,63523,914
Lotteries (net) 305330212
Investment income (558)6,4735,395
Total revenues 24,15529,43729,521
Grants 17,91220,63419,354
Administrative costs 1,0331,1241,007
Fundraising costs 4,4304,5904,092
Cash flow from operations 7813,0895,067
Funding reserves 86,11484,35283,289
Note: Ci reported lotteries net of expenses, reducing revenues and expenses by $362k inF2016, $380k in F2015, and $106k in F2014. Ci adjusted for amortization, reducing administrative costs by $69k in F2016, $71k in F2015, and $67k in F2014.

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