Cape Breton Regional Hospital Foundation is a 3-star charity. It has a B- Results Reporting grade, which is below average. Its overhead spending is 28%, within Ci’s reasonable range, and its reserve funds can cover 9 years and three months of annual program costs. This is within Ci’s reasonable limit.  

Founded in 1995, Cape Breton Regional Hospital Foundation (CBRHF) is the fundraising organization for Cape Breton Regional Hospital. CBRHF reported three main programs in its audited financial statements: Patient Care and Support, Equipment, and Grants to Other Organizations.  

CBRHF spent $1.3m on its Equipment program, representing 66% of program spending in 2024. The charity purchased Cape Breton’s first PET-CT scanner. It purchased four ultrasound machines, one BrainZ monitor to track seizure activities in infants, one mobile endoscopic video unit, and one mobile gynecological assessment cart.  

CBRHF spent $673k on its Patient Care and Support program, representing 34% of program spending in 2024. Cape Breton Regional Hospital reports that approximately 600,000 patients visit each year. It reports that Cape Breton Cancer Centre sees more than 45,000 patients per year.  

CBRHF spent less than 1% of its program costs on its Grants to Other Organizations. The charity did not report on this program in 2024.  

Cape Breton Regional Hospital Foundation is in the process of building a new cancer centre, the Kyle Anne MacDonald Cancer Centre. The charity expects that the centre will have seven new clinical exam rooms, five new counselling and supporting care spaces, four new medical day units, eleven new chemotherapy seats, and a dedicated research and clinical trial space. CBRHF expects it to open in 2026.  The charity is planning the Sutherland Neonatal Intensive Care Unit, which will have state-of-the-art equipment, updated incubators, advanced diagnostic tools, and renovations to family rooms.  

CBRHF’s audited financial statements follow activity-based costing, a best practice.   

CBRHF received $4.5m in donations and special events revenue in 2024. The charity spent $2.0m in grants in 2024. The charity spent $529k on administration in 2024, which was 12% of revenue (less investment income). It spent $717k on fundraising, which is 16% of donations. For every dollar donated, 72 cents are available to go to the cause. This is within Ci’s reasonable range of overhead spending.  

In 2024, the charity recorded a surplus of $3.0m and had net funding reserves of $22.4m, of which $7.0m is donor endowed. Excluding donor-endowed funds, CBRHF’s reserve funds can cover 929%, or 9 years and 3 months of annual grant costs.  

Profile updated by Leah Holmes on July 14, 2025. This charity report is an update that has been sent to the charity for review. Comments and corrections may be forthcoming.