1 Bridgepoint Drive
Toronto, ON M4M 2B5
Board Chair: Paul Gallagher
Secretary: Graham Gow

Charitable Reg. #:88923 4399 RR0001

STAR RATING

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

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✔+

FINANCIAL TRANSPARENCY

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

D

RESULTS REPORTING

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

n/r

DEMONSTRATED IMPACT

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

NEED FOR FUNDING

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

66%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 66 cents are available for programs.



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Programs

About Bridgepoint Foundation:

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.

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Finances

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.

Financial Review


Financial Ratios

Fiscal year ending March
201820172016
Administrative costs as % of revenues 14.5%15.7%9.8%
Fundraising costs as % of donations 19.8%24.1%4.7%
Total overhead spending 34.3%39.7%14.5%
Program cost coverage (%) 968.7%436.6%600.8%

Summary Financial Statements

All figures in $s
201820172016
Donations 1,635,024927,1261,971,606
Special events 1,004,486575,762706,452
Investment income 162,411473,26613,408
Total revenues 2,801,9211,976,1542,691,466
Grants 1,018,1982,068,0441,758,423
Administrative costs 383,699235,181262,822
Fundraising costs 521,684361,839125,386
Total spending 1,923,5802,665,0602,146,630
Cash flow from operations 878,340(688,910)544,835
Funding reserves 9,863,1529,028,57710,564,140

Salary Information

Full-time staff: 0

Avg. Compensation $0

Top 10 staff salary range

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
0
$80k - $120k
0
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2018

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Comments & Contact

Comments added by the Charity:

No comments have been added by charity

Charity Contact

Website: www.bridgepointhealth.ca
This email address is being protected from spambots. You need JavaScript enabled to view it.

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