Founded in 1990, Bridgepoint Foundation raises and grants money to fund Bridgepoint Active Healthcare, a part of Sinai Health System. In 2015, Mount Sinai combined with Bridgepoint Active Healthcare hospital, and together with Circle of Care, and Lunefeld Tananbaum Research Institute formed the Sinai Health System. Sinai Health System combines acute, complex and rehabilitative, primary, and home care as well as other community-based services. Money granted by the foundation is used to fund Bridgepoint Active Healthcare’s patient programs, facilities, research, academic pursuits, and capital. In F2018, the foundation granted just over one million dollars.

Bridgepoint Active Healthcare is a 464-bed rehabilitation and complex care hospital affiliated with the University of Toronto. The hospital’s clinical areas of focus include inpatient and outpatient rehabilitation, palliative care, dialysis, and specialized complex care. In F2019, Bridgepoint Active Healthcare ran 375 rehab sessions in the pool and had 19,611 outpatient visits.

Bridgepoint Foundation is a medium-sized charity with donations and special events revenues of $2.6m in F2018. Administrative costs were 15% of revenues and fundraising costs were 20% of donations. For every dollar donated to the charity, 66 cents go to the cause. This is within Charity Intelligence’s reasonable range for overhead spending. Bridgepoint Foundation has funding reserves of $9.9m, of which $4.1m are donor-endowed. Excluding donor-endowed funds, reserves can cover granting at the F2018 level for over seven years. Bridgepoint Foundation reported having no paid staff in F2018. 

This charity report is an update that has been sent to Bridgepoint Foundation. Changes and edits may be forthcoming.

Updated August 1, 2019 by Stefan Tetzlaff.