William Osler Health System Foundation

2100 Bovaird Drive East
Brampton, ON L6R 3J7
Board Chair: Kulvir Singh Gill
President: Ken Mayhew

Website: www.oslerfoundation.org
Charitable Reg. #: 12996 5133 RR0001
Sector: Health - Hospital Foundation
Public Foundation

Social Results Reporting

Grade: C+

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

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Program Cost Coverage

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #21

Avg. Compensation $103,637

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 1
$250k - $300k 0
$200k - $250k 1
$160k - $200k 0
$120k - $160k 4
$80k - $120k 4
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

About William Osler Health System Foundation:

Founded in 2002, the William Osler Health System Foundation is the fundraising arm of the William Osler Health System, a community health care centre consisting of Brampton Civic Hospital, Etobicoke General Hospital, and Peel Memorial Centre for Integrated Health & Wellness. Funds raised by the foundation support equipment, education, and research priorities at the William Osler Health System. 100% of new equipment and 10% of new space is funded by community donations. In F2015, the foundation granted $1.6m to the William Osler Health System, of which 69% was spent on equipment and capital projects, 23% on patient care, and 8% on education and research.

Financial Review:

In F2015, the William Osler Health System Foundation's administrative costs were 10% of revenues while fundraising costs were 35% of donations. Total overhead costs of 44% fall outside of Ci's reasonable range. The William Osler Health System Foundation has funding reserves of $15.6m, including donor-endowed funds of $52k. The total funding reserve can cover annual grants for 10 years. Program cost coverage went up dramatically, from 3.8 years in F2013 to 10 years in F2015, because grants to the William Osler Health System decreased from $2.5m in F2013 to $1.6m in F2015and funding reserves increased by $6.2m due to significant surpluses in F2014 and F2015.

Financial Ratios

Fiscal year ending June
Administrative costs as % of revenues 9.7%11.8%13.2%
Fundraising costs as % of donations 34.7%42.0%43.1%
Program cost coverage (%) 1,006.0%747.0%381.3%

Summary Financial Statements

All figures in $000s
Donations 8,0416,6555,442
Investment income 1,103553426
Total revenues 9,1447,2085,869
Grants 1,5511,5512,465
Administrative costs 782782720
Fundraising costs 2,7942,7942,348
Cash flow from operations 4,0182,082336
Funding reserves 15,60011,5849,399
Note: Ci used overhead allocations and grant spending from the charity's T3010 CRA filing as the charity did not report expenses separately on its audited financial statements.

Comments added by the Charity:

William Osler Health System Foundation (Osler Foundation) believes in being both efficient and effective in meeting its mission to build and foster relationships to raise funds to support William Osler Health System’s (Osler) capital, education and research priorities.

With the support of the community, Osler Foundation has helped fund the building and equipping of Brampton Civic Hospital, opened in 2007. The Foundation is now in the process of raising funds to build the new Peel Memorial Centre for Integrated Health & Wellness in Brampton, to fund a new four-storey, five-level wing at Etobicoke General Hospital, and to continue to equip Brampton Civic’s much needed programs and services.

Fundraising efforts respect the donor community’s preferred methods of engaging with Osler Foundation, which includes community events. With the funding opportunity that lies ahead, Osler Foundation and its Board of Directors is balancing revenues and expenses with a new focus on significantly building major gift fundraising capacity which will positively impact both efficiency and effectiveness.

Financial Reserves

Osler is in an unprecedented time of growth, requiring a large funding reserve to meet the increased funding requirements at major building milestones.


Osler Foundation believes in transparency and informed giving. We encourage the public to visit the “Accountability to our Donors” pages which include our financial statements on Osler Foundation’s website (www.oslerfoundation.org), as well as Osler’s website (www.williamoslerhc.on.ca) to see how donations are making a difference, every day, to patients. We welcome direct inquiries and thank all donors for their support as Osler strives to achieve its Vision of delivering ‘Patient-inspired health care without boundaries’.

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