Saanich Peninsula Hospital Foundation
Saanichton, BC V8M 2B2
Executive Director: Karen Morgan
Board President: Paul Hames
Charitable Reg. #: 11913 0540 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
Full-time staff #3
Avg. Compensation $92,510
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||2|
About Saanich Peninsula Hospital Foundation:
The Saanich Peninsula Hospital Foundation was founded in 1985 to raise funds for the Saanich Peninsula Hospital, a community hospital serving approximately 30,000 households on the Saanich Peninsula area of Vancouver Island. The hospital was built in 1974 as an Extended Care facility and has grown to become a full-service hospital with 48 acute care beds and 144 extended care beds.
Funds raised by the foundation are used to purchase equipment, train staff and volunteers, and support programs to enhance end of life care at the Saanich Peninsula Hospital. Each year the Foundation directors choose a project (equipment or facility redevelopment) as the primary fundraising target. In 2016, 39% of funds to the hospital went to purchase a new CT scanner while 40% of funds went to the Acute Care Unit.
The goal for the 2017 campaign is to raise $2 million for the Residential Care Unit to help support new art, music and horticulture therapy programs, revitalize the library, and provide personalized equipment for each resident in the Care Unit.
The Saanich Peninsula Hospital Foundation received $3.6m in donations and special event revenue in F2016. Administrative costs in F2016 were 5% of total costs and fundraising costs were 11% of donations. For every dollar donated to the charity, 84 cents went to the cause; however, a surplus of $2.3m (48% of total revenues) was added to funding reserves. The charity has funding reserves of $14.8m (including $367k in donor-endowed funds). Excluding donor-endowed funds, funding reserves can cover 7.7 years of annual grants and program costs.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||4.9%||5.8%||3.9%|
|Fundraising costs as % of donations||11.2%||11.1%||9.9%|
|Program cost coverage (%)||785.2%||608.1%||660.2%|
Summary Financial StatementsAll figures in $s
|Goods in kind||927,152||204,506||356,979|
|Cash flow from operations||2,313,133||1,786,878||2,560,569|