Queen Elizabeth Hospital Foundation

60 Riverside Drive
Charlottetown, PE C1A 8T5
CEO: Tracey Comeau
Board Chair: Patsy MacLean

Charitable Reg. #:89217 7965 RR0001


Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 3/5]



Audited financial statements for current and previous years available on the charity’s website.



Grade based on the charity's public reporting of the work it does and the results it achieves.



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 79 cents are available for programs.

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About Queen Elizabeth Hospital Foundation:

Queen Elizabeth Hospital Foundation (QEHF) raises funds for medical equipment at Queen Elizabeth Hospital (QEH). According to the Foundation, QEH is the largest healthcare provider in Prince Edward Island and provides 80% of all specialized healthcare services received by Islanders.

As of F2020, Queen Elizabeth Hospital Foundation operates an annual Friends for Life campaign, which raises funds to purchase priority medical equipment for the year. The Foundation reports that covid-19 is hindering the ability of elderly Islanders to receive vision-restoring surgeries. This is because QEH cannot perform surgeries for retinal diseases and detachment, which means patients must travel to Halifax and Quebec City for treatment. As such, QEHF is fundraising for three pieces of equipment to perform sight-saving surgeries in Prince Edward Island.  

In F2020, QEHF funded the purchase of a new video rhinolaryngoscope, which helps people with head and neck cancer. Additionally, the Foundation funded the purchase of an automated CPR device and the upgrade of ear, nose, and throat operating equipment.

Recent News: In F2020, QEH shifted its operations to prepare for covid-19. QEHF funded the purchase of nine pulse oximeters, two reverse osmosis machines, and two handheld portable ultrasound machines.

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Results and Impact

In F2020, Queen Elizabeth Hospital Foundation funded the purchase of a $1.5m CT Simulator for PEI Cancer Treatment Centre. The Foundation estimates that approximately 1,000 Prince Edward Island residents will be diagnosed with cancer in the upcoming year, and half will require radiation treatment. QEHF reports the new CT Simulator will provide high-quality images, allowing healthcare providers to clearly identify the exact location, shape, and size of the tumour to be treated.

While Charity Intelligence highlights these key results, they may not be a complete representation of Queen Elizabeth Hospital Foundation’s results and impact. This charity is not yet rated on impact (n/r).

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Queen Elizabeth Hospital Foundation had total donations and special events revenues of $4.2m in F2020. Combined fundraising and administrative costs are 21% of revenues (less investment income). For every dollar donated, 79 cents go to the cause, which is within Ci’s reasonable range for overhead spending.

QEHF has $32.6m in funding reserves, of which $9.6m is donor endowed. Excluding donor-endowed funds, Queen Elizabeth Hospital Foundation could grant at the same level for over 6 years with reserves.

Charity Intelligence sent an update of this report to Queen Elizabeth Hospital Foundation for review. Changes and edits may be forthcoming.

Updated on July 5, 2021 by Sydney Olexa.

Financial Review

Financial Ratios

Fiscal year ending June
Fundraising & admin costs as % of revenues 20.6%21.0%16.8%
Total overhead spending 20.6%21.0%16.8%
Program cost coverage (%) 623.4%700.1%1,264.7%

Summary Financial Statements

All figures in $000s
Donations 3,4632,9844,005
Government funding 151257
Special events 7761,241912
Investment income 2901,6181,723
Total revenues 4,5445,8556,697
Grants 4,1783,8162,234
Fundraising & administrative costs 874891834
Total spending 5,0524,7073,068
Cash flow from operations (508)1,1483,630
Funding reserves 32,63532,93431,776

Note: Ci reported government funding from the charity's T3010 filing with the CRA and backed it out of donations, decreasing total donations by $15k in F2020, $12k in F2019, and $57k in F2018. 

Salary Information

Full-time staff: 8

Avg. compensation: $56,091

Top 10 staff salary range:

$350k +
$300k - $350k
$250k - $300k
$200k - $250k
$160k - $200k
$120k - $160k
$80k - $120k
$40k - $80k
< $40k

Information from most recent CRA Charities Directorate filings for F2020

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.qehfoundation.pe.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 902-894-2425


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Charitable Registration Number: 80340 7956 RR0001