BC Children's Hospital Foundation
Vancouver, BC V5Z 4H4
President & CEO: Teri Nicholas
Board Chair: Lisa Hudson
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
Cents to the Cause
Full-time staff #99
Avg. Compensation $108,977
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||4|
|$160k - $200k||2|
|$120k - $160k||3|
|$80k - $120k||0|
|$40k - $80k||0|
About BC Children's Hospital Foundation:
Founded in 1982, BC Children’s Hospital Foundation (BCCHF) works to improve the quality of healthcare being provided to children by raising money for BC Children's Hospital, BC Children’s Hospital Research Institute, and Sunny Hill Health Centre for Children. BC Children’s Hospital is the province’s only hospital working exclusively with children and provides specialized care to 93,000 children every year. In F2018, BCCHF granted $77.6 million which was used to finance building projects, purchase updated equipment, and fund research.
Opened in October 2017, Teck Acute Care Centre is a 640,000 square foot addition to BC Children’s Hospital. The centre includes an expanded emergency department, eight operating rooms, a pediatric intensive care unit, a cancer floor, and 231 private patient rooms. As of F2018, the centre has seen more than 4,500 surgeries and 22,700 emergency department visits as of 2018.
BC Children’s Hospital Foundation works to conquer childhood diseases by funding research into prevention and improved treatment. More than 1,000 researchers work at BC Children’s Hospital Research Institute, 70% of whom also work to provide direct healthcare at the hospital itself. In F2018, BCCHF awarded 33 research grants. The funding is used to collect initial data, which makes it easier for researchers to receive further funding from external sources.
Results and Impact:
Children who are hospitalized for infection in Uganda are at risk for a complication called sepsis. Developed by researchers at BC Children’s Hospital, Smart Discharges includes an app and a kit of resources which assesses risk and educates families about caring for their recovering children. Since implementing the program in four hospitals, the rate of children dying from sepsis has fallen by 30%.
Recognizing that there are differences between treating children and adults, BC Children’s Hospital formed the first specialized Pediatric Spinal Surgical Team (PSST) in North America. Since its inception in 2010, the team has seen a 94% decrease in surgical site infections and a six-day reduction in the average hospital stay for a spinal surgery patient.
BC Children’s Hospital Foundation received $62.4m in donations during F2018 making it one of Canada’s largest charities, a Major 100. Administrative costs are 8% of revenues less investment income, and fundraising costs are 25% of donations. For every $1 donated, 67 cents go to the cause which is within Ci’s reasonable range for overhead spending.
BCCHF has $335.0m in funding reserves, of which $102.2m is donor-endowed. Excluding donor-endowed funds, the foundation could grant at the F2018 level for 3.2 years using reserves.
The charity profile is an update that has been sent to BC Children’s Hospital Foundation for review. Changes and edits may be forthcoming.
Updated on May 28, 2019 by Madison Kerr.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||7.7%||7.0%||8.5%|
|Fundraising costs as % of donations||24.9%||22.5%||23.0%|
|Program cost coverage (%)||431.6%||326.2%||829.6%|
Summary Financial StatementsAll figures in $000s
|Goods in kind||778||847||371|
|Cash flow from operations||(8,311)||(18,046)||4,180|