Royal Columbian Hospital Foundation
New Westminster, BC V3L 3M2
President & CEO: Jeff Norris
Board Chair: Doug Eveneshen
Charitable Reg. #: 11912 8866 RR0001
Grade: C-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to the Cause
Full-time staff #10
Avg. Compensation $91,450
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||1|
|$160k - $200k||0|
|$120k - $160k||1|
|$80k - $120k||6|
|$40k - $80k||2|
About Royal Columbian Hospital Foundation:
Founded in 1978, Royal Columbian Hospital Foundation (RCHF) raises funds for patient care and equipment at Royal Columbian Hospital. Royal Columbian Hospital is one of twelve hospitals constituting the Fraser Health network. The hospital cares for people with cardiac, trauma and brain diseases, serving a population of 1.7 million from Burnaby to Boston Bar. It is also a teaching hospital and a UBC Clinical Academic campus.
In F2015, Royal Columbian Hospital Foundation allocated $1.6m to the hospital. Royal Columbian Hospital is the only hospital in British Columbia with cardiac, trauma, neuroscience, maternity and neonatal intensive care units all on one site. It has one of the busiest emergency rooms as well, serving 70,000 people every year. To date, RCHF has funded 950 open heart surgeries, 2,300 angioplasties and 1,150 cardiac surgeries.
Royal Columbian Hospital Foundation is in a $9.1m fundraising campaign to build the new Mental Health and Substance Use Wellness Centre. The centre will have 75 psychiatric beds and 12 outpatient clinics. Through previous fundraising campaigns, RCHF built a multipurpose intervention suite for $951,139 and bought new blood filtering equipment for $1.7m.
Royal Columbian Hospital Foundation is a Mid-Cap charity with donations of $3.3m in F2015. Administrative costs are 16% of total revenues and fundraising costs are 24% of total donations. Total overhead costs come to 40%, falling just within Ci’s reasonable range. RCHF has funding reserves of $12.6m that can cover program costs for 7.8 years. Excluding donor-endowed funds of $1.4m, funding reserves can cover program costs for 7.2 years.
This charity report is an update that is being reviewed by the charity. Changes and edits may be forthcoming.
Updated on July 28th, 2016 by Mirza Ali Shakir.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||15.5%||28.6%||22.2%|
|Fundraising costs as % of donations||24.2%||32.5%||26.8%|
|Program cost coverage (%)||779.2%||562.3%||808.1%|
Summary Financial StatementsAll figures in $s
|Business activities (net)||859,829||848,107||784,397|
|Cash flow from operations||941,652||455,773||1,998,324|