Ottawa Hospital Foundation

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

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

Charity Rating

[Charity Rating: 4/4]

Social Results Reporting

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 ]

Program Cost Coverage

donor
endowed
Funding Reserves Program Costs

Spending Breakdown

Full-time staff #37

Avg. Compensation $76,500

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 1
$160k - $200k 0
$120k - $160k 1
$80k - $120k 4
$40k - $80k 4
< $40k 0
Information from most recent CRA Charities Directorate filings for F2014

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 more than 113 scientists working on 624 clinical trials. OHF raises funds for Ottawa's General, Civic, and Riverside hospitals. In October 2014 OHF embarked on a $50 million research campaign – Tender Loving Research.

The Ottawa Hospital Cancer Centre is the second largest outpatient cancer centre in Ontario, providing care for more than 24,000 patients. Donations to OHF helped to fund the purchase of the da Vinci Surgical System in 2011, which has been used for over 700 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.

Financial Review:

In F2015 OHF's administrative costs were 5% of revenues and fundraising costs were 20% of donations. OHF granted $12.6m to the Research Institute, $7.9m to the Ottawa Hospital, $118k to The University of Ottawa Faculty of Medicine, $10k to the University of Ottawa Heart Institute and $5k to the Dalhousie University Medical Research Foundation. OHF has funding reserves of $84.4m, 80% of which are donor-endowed. OHF's non-donor-endowed funding reserves cover 100% of annual program costs.

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

Updated July 7, 2015 by Zoe Best.

Financial Ratios

Fiscal year ending March
201520142013
Administrative costs as % of revenues 4.9%4.2%4.7%
Fundraising costs as % of donations 20.3%17.1%19.9%
Program cost coverage (%) 408.8%430.4%442.6%

Summary Financial Statements

All figures in $000s
201520142013
Donations 22,63523,91420,051
Lotteries (net) 330212393
Investment income 4,0865,4202,601
Total revenues 27,05129,54623,046
Grants 20,63419,35417,479
Administrative costs 1,1241,007958
Fundraising costs 4,5904,0923,989
Cash flow from operations 7035,092619
Funding reserves 84,35283,28977,366
Note: Ci does not include unrealized gains(losses) in revenues, reducing revenues by $2.4m in F2015, and increasing revenues by $25k in F2014 and $1.8m in F2013. Ci reported lotteries net of expenses, reducing revenues and expenses by $380k in F2015, $106k in F2014, and $112k in F2013. Ci adjusted for amortization, reducing administrative costs by $71k in F2015, $67k in F2014, and $70k in F2013.

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