William Osler Health System Foundation
Brampton, ON L6R 3J7
President: Ken Mayhew
Board Chair: Bob Peacock
Charitable Reg. #: 12996 5133 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 #22
Avg. Compensation $112,183
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||1|
|$160k - $200k||0|
|$120k - $160k||4|
|$80k - $120k||4|
|$40k - $80k||0|
About William Osler Health System Foundation:
Founded in 2002, William Osler Health System Foundation (Osler Foundation) raises money for the William Osler Health System. The healthcare group includes Brampton Civic Hospital, Etobicoke General Hospital and Peel Memorial Centre for Integrated Health and Wellness, serving over 1.3 million people in one of the fastest-growing areas in Canada. In F2018, the foundation granted $4.9m to the hospitals, of which 63% was allocated to capital projects, 25% to equipment purchases, 2% to education and research, and 10% to other programs.
At Etobicoke General Hospital, a four-storey patient tower and seven-storey wellness centre are set to open in late 2018 and early 2019 respectively. The emergency department will double in size and the ICU will grow to four times its current size. A maternal newborn unit will include ten private birthing suites, two operating rooms, and a nursery with ten spaces for newborns who need extra care.
In November 2017, a planned expansion to Peel Memorial Centre was announced. The hospital will be adding 100 beds for rehab and continuing care.
Results and Impact: William Osler Health System Foundation provides equipment for the hospitals’ surgical departments. The American College of Surgeons’ National Surgical Quality Improvement Program ranks Osler’s surgical programs as being in the top 10% for safety and quality of 680 North American hospitals. The number of emergency visits by patients after surgery has been reduced by 50%.
William Osler Health System Foundation is a Large charity, with donations of $9.5m in F2018. Donations fell by 55% from F2017 to F2018. Administrative costs are 9% of revenues and fundraising costs are 33% of donations. For every $1 donated, 58 cents go to the cause, falling below Ci’s reasonable range. Osler Foundation has $35.7m in funding reserves which could cover program costs for more than seven years.
This charity report is an update that has been sent to William Osler Health System Foundation for review. Changes and edits may be forthcoming.
Update on July 13, 2018 by Madison Kerr.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||9.2%||3.6%||5.6%|
|Fundraising costs as % of donations||33.1%||16.6%||23.5%|
|Program cost coverage (%)||725.6%||495.0%||1,552.4%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||1,154||10,945||7,855|