St. Paul’s Foundation of Vancouver is a 2-star rated charity. It has below average disclosure with a D+ results reporting grade. It has reasonable overhead costs. Its funding reserves are outside Ci’s reasonable range.

Founded in 1981, St. Paul’s Foundation of Vancouver (St. Paul’s Foundation) raises money to improve patient care and fund innovation at St. Paul’s Hospital and other healthcare centers in British Columbia. In F2025, St. Paul’s Foundation granted $44.4m to healthcare centers in BC. Of this, $38.5m or 87% went to Providence Health Care Society. Providence Health Care Society is comprised of ten hospitals and residences, including St. Paul's Hospital.  

Education was the largest program in F2025. It accounted for $15.5m or 35% of program spending. Capital Projects accounted for $11.1m or 25%. Research accounted for $8.9m or 20%. In F2025, researchers at PHC discovered the cause of lung long COVID. Equipment accounted for $1.3m or 3%. Enhanced Patient Care accounted for $444k or 1%. The remaining $7.1m or 16% of grants were used for other purposes that the Foundation did not specify. 

Key funded initiatives include Foundry, a network of centers providing health and social services to youths aged 12 to 24. In F2025, Foundry had 18 centers across BC and received over 83,000 visits from over 17,000 youths. St. Paul's Foundation is also funding the new St. Paul's Hospital at the Jim Pattison Medical Centre, expected to open in 2026 with capacity for up to 548 beds.

St Paul’s Foundation of Vancouver had total revenues of $108.4m in F2025. Donations were $70.1m or 65% of revenues. Investment income was $26.6m or 25% of revenues. The Foundation also received government funding of $10.5m or 10% of revenues. In F2025, the Foundation granted $44.4m or 41% of revenues.

In F2025, administrative costs were $6.8m or 8% of revenues (less investment income). Fundraising costs were $6.4m or 9% of donations. For every dollar donated to the charity, 82 cents are available to go to the cause. This is within Ci's reasonable range.

The Foundation has $374.6m in cash and investments. This includes $38.1m of donor-endowed funds. The Foundation’s reserves can cover 7 years and 11 months of its annual grants. This is outside Ci’s reasonable range.

The Foundation holds $283.7m in investments. Of that, 36% is invested in GICs, 26% in equities, 20% in bonds, and 18% in alternatives. The Foundation earned a return of 8% on its investments in F2025.

St. Paul's Foundation has an endowment fund held permanently by the Vancouver Foundation. St Paul’s Foundation does not disclose the total amount held in this fund.

The Foundation paid $1.2m in professional and consulting fees in F2025. This was 13% of total compensation.

Updated on June 9, 2026 by Raihan Firosh. Comments and corrections may be forthcoming.