BC Children's Hospital Foundation
Vancouver, BC V5Z 4H4
President & CEO: Teri Nicholas
Board Chair: David Podmore
Charitable Reg. #: 11885 2433 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 #92
Avg. Compensation $110,930
Top 10 Staff Salary Range
|$300k - $350k||1|
|$250k - $300k||0|
|$200k - $250k||3|
|$160k - $200k||5|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||0|
About BC Children's Hospital Foundation:
Founded in 1982, BC Children's Hospital Foundation (BCCHF) raises funds to support and enhance the delivery of paediatric care in British Columbia. The Foundation provides funding to BC Children's Hospital, Sunny Hill Health Centre for Children, and the Child & Family Research Institute. BC Children's Hospital Foundation supports these 3 facilities on childhood disease research, medical equipment purchases, and a range of children's health education and training programs.
In F2016, BC Children's Hospital Foundation gave 38% of grants to the Campaign for BC Children, which includes the construction of its new Teck Acute Care Centre. BCCHF estimates completion for this project in 2017. Specific endowments designations made up 32% of total grants and included endowments in genetic research, pediatric oncology endowments, diabetes research at the hospital and research institute, among other areas of donor interest. BCCHF allocated the remaining 30% to research into childhood diseases (19%), health promotion and education (4%), specialized equipment (4%), and Sunny Hill Health Centre for Children (3%).
BC Children’s Hospital Foundation is one of Canada’s 100 largest charities by donations. In F2016, BCCHF received $58.7m in donations. BC Children's Hospital Foundation's administrative costs were 9% of revenues, which have recently been in an upward trend from 7% in F2014 and 8% in F2015. Fundraising costs were 23% of donations in F2016. As such, for every $1 donated, 68 cents go to the cause. This falls within Charity Intelligence’s reasonable range of overhead spending.
BC Children's Hospital Foundation has funding reserves of $360m, including donor-endowed funds of $85m. This funding reserve can cover annual grants and programs for 7.3 years or 6.1 years if excluding donor-endowed funds.
This charity report is an update that is currently being reviewed by BC Children's Hospital Foundation. Changes and edits may be forthcoming.
Updated on May 25, 2017 by Juliana Badovinac.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||8.6%||8.3%||7.4%|
|Fundraising costs as % of donations||23.2%||24.4%||21.8%|
|Program cost coverage (%)||732.6%||635.4%||504.9%|
Summary Financial StatementsAll figures in $000s
|Goods in kind||371||646||466|
|Cash flow from operations||11,875||4,422||(4,669)|