Queen Elizabeth Hospital Foundation
Charlottetown, PE C1A 8T5
CEO: Barbara Dunphy
Board Chair: Spencer Campbell
Charitable Reg. #: 89217 7965 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 #5
Avg. Compensation $27,229
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||1|
|$40k - $80k||3|
About Queen Elizabeth Hospital Foundation:
The Queen Elizabeth Hospital Foundation (QEHF) supports and raises funds for the Queen Elizabeth Hospital, the largest healthcare provider in Prince Edward Island. The hospital provides more than 80% of all specialized healthcare services received by Islanders.
Over the past three years, QEHF’s focus has been on the PEI cancer treatment centre, a new ambulatory care centre and a new emergency department. The new ambulatory care centre clusters many medical services delivered on an outpatient basis in one area, allowing for minimal disruption to patients’ lives, reduces the chance of infection and allows patients to recover in the comfort of their home. The new emergency department is three times the size of the previous emergency department, allowing for enhanced acute and emergency care in a comfortable setting. QEHF is currently raising funds for priority equipment purchases for the hospital, including ultrasound units, anesthesia gas machines, and laser equipment for laser eye treatment.
In F2012, QEHF’s fundraising and administrative costs were 15% of revenues less investment income. QEHF did not disclose a breakdown of salaries between fundraising and administrative costs. In F2012, QEHF had funding reserves of $18.3m, of which 21% are donor-endowed funds. This funding reserve covers annual grants to the hospital 6.3 times, or the 3-year average grant to the hospital 3 times. The average salary presented at the right appears incorrect as Ci cannot reconcile the salary information reported by QEHF to the CRA.
Financial RatiosFiscal year ending June
|Fundraising & admin costs as % of revenues||15.2%||10.0%||6.1%|
|Program cost coverage (%)||628.2%||294.2%||176.2%|
Summary Financial StatementsAll figures in $000s
|Fundraising & administrative costs||504||463||428|
|Cash flow from operations||488||(1,491)||(1,889)|