Joseph Brant Hospital Foundation

1230 North Shore Blvd.
Burlington, ON L7S 1W7
President: Anissa Hilborn
Board Chair: Susan Busby

Website: www.jbhfoundation.ca
Charitable Reg. #: 10271 4151 RR0001
Sector: Health - Hospital Foundation
Public Foundation

Social Results Reporting

Grade: B-

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 #11

Avg. Compensation $108,131

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 1
$200k - $250k 0
$160k - $200k 0
$120k - $160k 2
$80k - $120k 3
$40k - $80k 4
< $40k 0
Information from most recent CRA Charities Directorate filings for F2015

About Joseph Brant Hospital Foundation:

Joseph Brant Hospital Foundation (JBHF) raises funds for critical needs equipment, renovations and the operations of Joseph Brant Hospital. Its mission is to engage the community, inspiring investment in the Joseph Brant Hospital to make a difference in the community's healthcare. JBHF's strategic plan for the next three years outlines its goal to complete its $60 million Our New Era Campaign to renovate and expand the Joseph Brant Hospital. As of 2016, JBHF has committed $22.2 million towards this campaign.

In F2016, Joseph Brant Hospital's 1,581 employees, including 152 physicians, dentists and midwives, served 11,820 inpatients, 44,821 emergency clients and performed 10,952 inpatient and day surgeries.

Financial Review:

Joseph Brant Hospital Foundation is a large charity, with donations and special events revenues of $11.8m in F2015. Its administrative costs are 4% of revenues and its fundraising costs are 4% of donations. For every $1 donated to the charity, 92 cents is put towards its programs, falling within Ci's reasonable range. The charity's funding reserves of $14.8m include $460k in donor-endowed funds. This results in a program cost coverage ratio, excluding donor-endowed funds, of 248%. This means that the charity can cover 2.5 years of its annual programs using its existing reserves.

This charity report is an update that is being reviewed by Joseph Brant Hospital Foundation. Changes and edits may be forthcoming.

Updated on July 28, 2016 by Lynn Tay.

Financial Ratios

Fiscal year ending March
201620152014
Administrative costs as % of revenues 3.5%2.9%0.0%
Fundraising costs as % of donations 4.0%9.5%14.1%
Program cost coverage (%) 255.0%80.2%115.7%

Summary Financial Statements

All figures in $000s
201620152014
Donations 10,7757,0206,219
Lotteries (net) 1421270
Business activities (net) 699570334
Special events 1,0691,4890
Investment income 162160256
Total revenues 12,8489,3676,808
Program costs 1,5531,3531,383
Grants 4,26211,38510,532
Administrative costs 4452700
Fundraising costs 477811876
Cash flow from operations 6,111(4,452)(5,983)
Funding reserves 14,83010,21413,790
Note: The charity does not explicitly report its lottery expenses in its audited financial statements. The lottery figures presented above are not net of expenses. The charity did not explicitly report its administrative expenses in its F2014 audited financial statements. Ci has adjusted parking expenses affecting revenues by ($2.2m) in F2015, by ($2.3m) in F2014, and by ($2.2m) in F2013. Ci has adjusted depreciation and parking expenses affecting expenses by ($2.2m) in F2015, by ($2.3m) in F2014, and by ($2.2m) in F2013.

Comments added by the Charity:

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