Children's Hospital Foundation of Manitoba
Winnipeg, MB R3A 1S1
President & CEO: Lawrence Prout
Board Chair: Mark Evans
Charitable Reg. #: 11885 2490 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
Full-time staff #16
Avg. Compensation $53,490
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 Children's Hospital Foundation of Manitoba:
Founded in 1971, the Children’s Hospital Foundation of Manitoba works to support the special healthcare needs of children through funding of pediatric medical research at the Children's Hospital Research Institute of Manitoba (CHRIM), formerly the Manitoba Institute of Child Health, as well as equipment and programs at the Children’s Hospital—HSC Winnipeg. The Children’s Hospital is located on the campus of the Health Sciences Centre Winnipeg, the largest healthcare centre in Manitoba. The Children’s Hospital treats over 130,000 children annually.
At CHRIM over 270 world-class pediatric medical researchers, technical staff, students and support staff are involved in over $10 million of research and clinical trial activity each year. The leading research theme at the Institute is the biology of breathing, which focuses on pediatric respiratory challenges.
In F2014 the Foundation granted $4.1m in aid of research and $1.2m to the Children's Hospital.
In F2014 administrative costs were 12% of revenues, while fundraising costs were 37% of donations. The Foundation has funding reserves of $26.5m, which includes $2.6m in donor-endowed funds. Non-donor-endowed funding reserves cover annual grants 4.7 times.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||12.1%||10.9%||7.7%|
|Fundraising costs as % of donations||36.7%||30.7%||33.8%|
|Program cost coverage (%)||505.1%||550.8%||472.9%|
Summary Financial StatementsAll figures in $000s
|Business activities (net)||449||456||448|
|Cash flow from operations||1,138||2,285||860|