BC Children's Hospital Foundation

938 West 28th Avenue
Vancouver, BC V5Z 4H4
President & CEO: Malcolm Berry
Board Chair: Darrell Jones

Charitable Reg. #:11885 2433 RR0001


Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 3/5]



Audited financial statements for current and previous years available on the charity’s website.



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



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 69 cents are available for programs.

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About BC Children's Hospital Foundation:

British Columbia Children's Hospital Foundation is a three-star charity. It has a B- results reporting grade, which is below average. The charity has reserve funds that can cover its program costs for over nine years. For every dollar donated to the charity, 69 cents go to the cause, which is within Ci's reasonable range.

Founded in 1982, BC Children’s Hospital Foundation (BCCHF) raises funds for BC Children's Hospital (The Hospital), BC Children’s Hospital Research Institute, and Sunny Hill Health Centre for Children. It aims to improve children’s health by funding new equipment purchases, research on pediatric diseases, and patient care programs. BC Children’s Hospital is the province’s only hospital that works exclusively with children. BCCHF reports that The Hospital served 138,000 children in F2023. In June 2020, Sunny Hill Foundation for Children amalgamated with BCCHF.

BCCHF’s F2023 annual report was not available at the time of this report. The F2022 was used instead.

In F2023, BC Children’s Hospital Foundation reports that it provided $89.4 million to the hospital. There's a wrinkle in these numbers. According to the audited financial statements, BC Children's Hospital Foundation transferred $46.5m in grants to the Hospital. The other $43.1m is money it will give in the future to the hospital. Like an irrevocable IOU. At F2023 year end, the foundation holds $282.8m in these IOU's, to be paid to the hospital in the future. This IOU balance has increased each year since F2018 by $163.1. One benefit of this is the hospital's money is invested by the foundation.

BCCHF grants to four main program areas at BC Children's Hospital: Care, Research, Equipment, and Education.

Care represented 49% of grants in F2022. BCCHF raises funds to provide care for children with a variety of needs. 138,000 children received care from BC Children’s Hospital in F2022. The charity’s social work department provided financial support to 200 families that financially struggle. The Hospital opened a sibling centre in 2021, focused on caring for siblings ranging from 3-16 years old. The charity reports since its opening, it received over 200 visits. 

Research represented 38% of grants in F2022. The charity supports research into pediatric diseases, such as childhood cancer, diabetes, and cardiac diseases. The charity reports it funded more than 80 studies on covid-19 in F2022. The Hospital launched 16 early phase clinical trials for therapy options for children with leukemia. BCCHF reports it supports over 1,200 researchers at the BC Children’s Hospital.

Equipment: represented 7% of grants in F2022. BCCHF raises funds to buy new hospital equipment to provide care for its patients. The charity bought over 1,000 pieces of new equipment in F2022.

The remaining 6% of grants represented Education. Ci could not find any information on its Education program.

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Results and Impact

BCCHF states that the BC Children’s Hospital has the best survival rates in Canada for childhood cancer. 80% of children diagnosed with cancer treated at The Hospital survive to live long lives.

BCCHF funded research that became the global standard for covid-19 testing in children. The test is called “the gurgle test” and it dos not require the use of a nasal swab. The charity reports the gurgle test increased the progress of studies and results.

While Ci highlights these key results, they may not be a complete representation of BC Children’s Hospital Foundation’s results and impact.

This charity is not yet rated on impact (n/r).

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BC Children’s Hospital Foundation is a Major 100 charity, one of Canada’s largest charities in terms of donations. It received $66.5m in donations in F2023. Administrative costs are 13% of revenue (excluding investment income), and fundraising costs are 18% of donations. This results in total overhead spending of 31%. For every dollar donated to the charity, 69 cents are available to go to the cause, which is within Ci’s reasonable range.

BCCHF has $540.1m in reserve funds, of which $162.9m is donor-endowed and $282m is owed to the hospital. Excluding donor-endowed funds and the hospital's balance, the charity’s has reserve funds of $96.4 million. Its reserve funds cost 2.1 years of grants. BCCHF also has future funding commitments. These future funding commitments are not disclosed in its F2023 audited financials.

The charity’s reserve funds earned $20.7m in investment income in F2023, at an estimated rate of return of 4%. Over the past five years, Ci estimates the BCCHF’s investment returns have averaged 7%. At F2023 year end, alternative investments, that include private debt and infrastructure, account for 21% ($111.4 million) of BCCHF's investment portfolio ($102.1 million in F2022 - 21%).

The charity ran a lottery in F2023 that raised $14.1m net of expenses ($28.4m  in gross lottery ticket sales). For each dollar in lottery ticket sales, 50 cents goes to the foundation. BCCHF owns six residential houses, of which three are under construction, as prizes for its lotteries. The cost of these six houses is $6.6 million with a further $3.5 million in construction costs. 

According to its most recent CRA filing in F2022, BCCHF uses external fundraisers. It paid external fundraisers $1.4m to raise $7.7m in F2022, at a cost of $0.18 per dollar raised.

Charity Intelligence has sent this update to BC Children’s Hospital Foundation for review. Changes and edits may be forthcoming.

Updated on July 27, 2023 by Liam Chapleau. Updated December 20, 2023

Financial Review

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 13.0%8.8%10.9%
Fundraising costs as % of donations 18.0%14.8%17.1%
Total overhead spending 30.9%23.6%27.9%
Program cost coverage (%) 462.9%419.7%310.2%

Summary Financial Statements

All figures in $000s
Donations 66,45282,55361,312
Government funding 002,516
Lotteries (net) 14,11114,39112,112
Investment income 20,70537,13971,068
Other income 4,45210,058(11)
Total revenues 105,720144,141146,997
Grants 89,62991,068107,024
Administrative costs 11,0309,4498,238
Fundraising costs 11,93012,20910,461
Total spending 112,589112,726125,723
Cash flow from operations (6,869)31,41521,274
Capital spending 171244(1,085)
Funding reserves 540,110506,979444,697

Note: Ci included fundraising costs in expenses, increasing revenue and expenses by $12.0m in F2023, $12.3m in F2022, and $10.5m in F2021. Ci excluded cash surrender value adjustment on other assets, impacting revenue by ($44k) in F2023, ($53k) in F2022, and ($31k) in F2021. Ci included deferred revenue, impacting revenue by ($890k) in F2023, $46k in F2022, and ($23k) in F2021. Ci removed amortization on a pro-rata basis from administrative and fundraising costs.

Salary Information

Full-time staff: 117

Avg. compensation: $109,158

Top 10 staff salary range:

$350k +
$300k - $350k
$250k - $300k
$200k - $250k
$160k - $200k
$120k - $160k
$80k - $120k
$40k - $80k
< $40k

Information from most recent CRA Charities Directorate filings for F2023

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Comments & Contact

Comments added by the Charity:

The following comment was added in 2018. New comments may be forthcoming.

BC Children’s Hospital Foundation is currently developing a new website which is expected to go live by the end of the year.

The new site will provide clearer information which can be more easily accessed and understood.  This will include information about our specific fundraising objectives, activities and donor impact.

The Foundation is committed to ongoing open communications with all of our stakeholders.

Program Cost Coverage Ratio:

The foundation believes that program cost coverage should not include assets held in endowments since these funds are to be held in perpetuity for a specific purpose as designated by the original donor. The foundation also believes the amount included in program cost coverage should be further reduced by the amount of current liabilities. This would provide a more accurate reflection of funds available to cover program costs.


Charity Contact

Website: www.bcchf.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 778-655-9858


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Charitable Registration Number: 80340 7956 RR0001