Yukon Hospital Foundation
Whitehorse, YT Y1A 3H7
President: Karen Forward
Board Chair: Philip Fitzgerald
Charitable Reg. #: 85678 1372 RR0001
Grade: CThe 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 #2
Avg. Compensation $68,391
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||1|
About Yukon Hospital Foundation:
Established in 2005, the Yukon Hospital Foundation (YHF) works under the direction of its volunteer Board of Directors to raise funds through events and individual and corporate giving to help the Yukon Hospital Corporation enhance the quality of healthcare Yukoners receive at the Whitehorse, Watson Lake and Dawson City hospitals.
YHF launched a campaign in 2010 to purchase a Magnetic Resonance Imaging (MRI) machine for the Whitehorse General Hospital. In 2010, over 500 Yukon residents were sent outside the territory to southern urban centres for MRI scans, with an average wait time of 6 months for non-critical MRI scans. In F2013, the YHF reached its $2 million fundraising goal. In F2015, the hospital purchased the MRI machine and became the only hospital with an MRI machine in the Canadian territories, and expects to be able to do 1,800 MRI scans each year. In F2016, the Yukon Hospital Foundation begun its campaign for a new $1 million Fluoroscopy Machine.
Yukon Hospital Foundation is a small-cap charity with $922k in donations and special events revenues in F2015. Its administrative and fundraising costs are 45% of revenues. For every dollar donated, 55 cents go towards YHF’s programs, falling outside of Ci’s reasonable range. While donations have been relatively stable, YHF significantly reduced its funding reserves in F2015, going from $2.7m in F2014 to $0.7m in F2015, primarily by funding the new MRI machine. This results in a F2015 program cost coverage ratio of 33%, meaning that YHF can only cover 4 months of its annual program costs using its existing reserves, showing a need for funding.
This charity report is an update that is being reviewed by Yukon Hospital Foundation. Changes and edits may be forthcoming.
Updated on June 16, 2017 by Kevin Silberberg.
Financial RatiosFiscal year ending March
|Fundraising & admin costs as % of revenues||44.9%||42.4%||36.7%|
|Program cost coverage (%)||33.2%||414.3%||1,176.8%|
Summary Financial StatementsAll figures in $s
|Fundraising & administrative costs||486,688||487,342||452,904|
|Cash flow from operations||(1,444,912)||48,770||618,556|