Sunnybrook Foundation

H332-2075 Bayview Avenue
Toronto, ON M4N 3M5
President & CEO: Dr. Jon Dellandrea
Board Chair: Perry Dellelce

Website: www.sunnybrook.ca/foundation/
Charitable Reg. #: 89920 9118 RR0001
Sector: Health - Hospital Foundation
Public Foundation

Donor Accountability

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 ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #62

Avg. Compensation $113,724

Top 10 Staff Salary Range

$350k + 1
$300k - $350k 1
$250k - $300k 1
$200k - $250k 0
$160k - $200k 2
$120k - $160k 5
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About Sunnybrook Foundation:

Sunnybrook is an academic health sciences centre affiliated with the University of Toronto. Its vision is to invent the future of health care. Sunnybrook Health Sciences Centre Foundation (Sunnybrook Foundation) is the fundraising organization for Sunnybrook Health Sciences Centre and helps raise funds in support of research, education and equipment initiatives at Sunnybrook.  According to its Report to Donors, Sunnybrook is renowned "the world over for its clinical leadership in cancer, stroke and heart, trauma and high-risk babies and mothers." Sunnybrook invented digital mammography and "one-day" breast cancer radiation therapy, and performed Toronto's first minimally-invasive heart bypass. In 2013, Sunnybrook received a $10m investment from The Slaight Family Foundation to start The Slaight Centre for Image-Guided Brain Therapy and Repair.  

Sunnybrook Foundation’s current focus is on its primary areas of need, which are in the fields of: brain, cancer, women and babies, heart, research, trauma, and education. In F2016, it distributed $19.9 million to Sunnybrook to support these fields.

Financial Review:

Sunnybrook Foundation is a Major 100 charity with donations of $51.7m in F2016. Its administrative costs were 14% of revenues, and its fundraising costs were 11% of donations. For every dollar donated, 75 cents go towards Sunnybrook Foundation’s programs, falling within Ci’s reasonable range. Sunnybrook Foundation has funding reserves of $210.3m, resulting in a program cost coverage ratio of 734%. This means that Sunnybrook Foundation can finance 7.3 years of its annual program costs using its existing reserves.

Sunnybrook Foundation uses external fundraisers as part of its fundraising activities.  The charity reports $1.4m in fundraising costs for external fundraisers that raised $1.9m in F2016, producing an external fundraising cost ratio of 71%.

This charity report is an update that is being reviewed by Sunnybrook. Changes and edits may be forthcoming.

Updated on June 14, 2017 by Kevin Silberberg.

Financial Ratios

Fiscal year ending March
201620152014
Administrative costs as % of revenues 13.8%15.0%18.4%
Fundraising costs as % of donations 11.1%11.8%12.7%
Program cost coverage (%) 733.5%1,004.3%871.8%

Summary Financial Statements

All figures in $000s
201620152014
Donations 51,72647,43939,064
Business activities (net) 3,8132,8152,201
Investment income 24915,04916,964
Total revenues 55,78865,30358,229
Program costs 28,66619,91919,039
Administrative costs 7,6567,5317,582
Fundraising costs 5,7405,5924,946
Cash flow from operations 13,72732,26126,662
Funding reserves 210,262200,042165,975
Note: Ci has allocated the direct expenditures related to community events as fundraising costs, affecting both revenues and expenses by $71k in F2014.

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