Children's Hospital of Eastern Ontario Foundation

415 Smyth Road
Ottawa, ON K1H 8M8
President & CEO: Kevin Keohane
Board Chair: Peter O'Leary

Charitable Reg. #:11885 2474 RR0001


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

[Charity Rating: 1/5]



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



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



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


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



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 48 cents are available for programs.

My anchor


About Children's Hospital of Eastern Ontario Foundation:

Children's Hospital of Eastern Ontario Foundation is a one-star charity. It has a low results reporting grade with funding reserves that can cover over six years of its program costs. For every dollar donated to the charity, 48 cents are available to go to the cause, which is outside Ci's reasonable range. Before you give, read Charity Intelligence's report.

Founded in Ottawa in 1974, Children’s Hospital of Eastern Ontario Foundation (CHEO Foundation) aims to improve the physical, mental, and social well-being of children in eastern Ontario and western Quebec. It raises funds for the Children’s Hospital of Eastern Ontario (CHEO), including its main hospital building, the CHEO Research Institute, and the Roger Neilson House palliative care unit.

In F2022, CHEO Foundation granted $18.2m for equipment and capital projects, research funding, and hospital programs and services.

Research Grants represented 49% of grants in F2022. CHEO Foundation funds research into the 7,000 rare genetic diseases that affect around one million Canadian children and families. CHEO reports 40,000 patients are involved in its research.

Equipment and Capital Projects represented 27% of grants in F2022. CHEO Foundation raises funds for renovations and new equipment to improve patient care. In 2021, it helped purchase five pieces of equipment for CHEO. CHEO received a fibroscan, a piece of equipment that detects liver disease; an ECMO, a machine that removes carbon dioxide from a patient’s blood; a spinetable, which makes spine surgeries easier; an endoscopic ultrasound, equipment that helps examine Crohn’s disease; and a scale for infants. The charity reports the fibroscan will help a doctor perform over 150 liver tests each year.

Programs and Services represented 25% of grants in F2022. CHEO Foundation aims to improve mental health support for children and youth in eastern Ontario. It states that CHEO receives 3,100 visits each year from patients in need of mental health care. CHEO Foundation funds the hospital’s Head to Toe program, which trains physicians to speak to all young patients aged 12 or older about mental health, within four hours of admission for any reason. The charity reports it performs 7,100 surgical procedures and receives 70,000 patient visits to CHEO’s emergency department each year.

My anchor

Results and Impact

CHEO Foundation has not yet posted its 2022 annual report at the time of this update. These results refer to 2021 and earlier.

CHEO Foundation funded research that measures the level of covid-19 in a city’s wastewater system. The research team found that the level of covid-19 in the wastewater system is proportional to the level of covid-19 in that area. In 2021, all 34 public health units in Ontario used this research. There are over 160 sampling locations that cover more than 80 percent of Ontario’s population in 2021. The research team is looking at how to apply this research to other viruses in the future. The research has its own website and can be found here.

While Ci highlights these key results, they may not be a complete representation of CHEO Foundation’s results and impact. This charity is not yet rated on impact (n/r).

My anchor


CHEO Foundation received $30.3m in donations in F2022. Administrative costs are 4% of revenue (excluding investment income), and fundraising costs are 48% of donations. This results in overhead spending of 52%. For every dollar donated to the charity, 48 cents are available to go to the cause, which is outside Ci’s reasonable range. CHEO Foundation includes lottery expenses within fundraising costs, unlike almost all other charities with major lotteries that report lottery costs separately. As such, Ci was unable to report fundraising ratios with lottery costs excluded. CHEO Foundation’s overhead costs are likely overstated.

CHEO Foundation has $142.5m in reserve funds, of which $26.6m is donor endowed. Excluding donor-endowed funds, the charity can cover 688%, or six years and 11 months of its annual program costs with current reserves.

CHEO Foundation’s funding reserves incurred a loss of ($8.7m) or -7% in F2022. The average portfolio in Canada returned a loss of 16% in 2022, according to Bloomberg. Over the last 12 years, Ci estimates that CHEO Foundation's investment returns have averaged 7%.

In F2022, CHEO Foundation provided grants to three related parties. It reported grants of $8.3m to CHEO, $7.5m to CHEO Research Institute, and $1.5m to Roger Neilson House. It has an unpaid grants balance of $5.3m at year end, which decreased by 0.9m from the previous year.

Charity Intelligence has sent this update to Children’s Hospital of Eastern Ontario Foundation for review. Changes and edits may be forthcoming.

Updated on July 13, 2023 by Liam Chapleau.

Financial Review

Financial Ratios

Fiscal year ending December
Administrative costs as % of revenues 4.2%3.4%3.8%
Fundraising costs as % of donations 47.7%57.2%44.5%
Total overhead spending 51.9%60.5%48.3%
Program cost coverage (%) 688.3%1,096.8%466.6%

Summary Financial Statements

All figures in $000s
Donations 30,32325,07422,581
Goods in kind 58132277
Lotteries (net) 15,90317,38812,610
Business activities (net) 2,6211,9051,154
Investment income (8,680)13,5036,690
Total revenues 40,22458,00343,312
Grants 18,16911,55719,079
Donated goods exp 58132277
Administrative costs 2,0761,4921,386
Fundraising costs 14,45414,33910,043
Total spending 34,75727,52130,785
Cash flow from operations 5,46730,48212,527
Capital spending 10600
Funding reserves 142,484137,729106,194

Note: Ci typically presents lottery revenues net of expenses, resulting in a lower fundraising ratio. Since CHEO Foundation does not distinguish lottery costs from fundraising costs in its audited financial statements, Ci reported lottery revenues as a gross figure. Ci reported contributed services as goods in kind and removed the amounts from donations. Ci reported parking revenues net of lease and operating expenses in business activities. This affected revenues and expenses by ($1.0m) in F2022, ($1.5m) in F2021, and ($1.3m) in F2020. To report on a cash basis, Ci adjusted grants by changes in amounts due to related parties affecting expenses by $945k in F2022, ($2.2m) in F2021, and ($1.6m) in F2020. Ci removed amortization from administrative costs.

Salary Information

Full-time staff: 42

Avg. compensation: $104,711

Top 10 staff salary range:

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

Information from most recent CRA Charities Directorate filings for F2021

My anchor

Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 613-737-2780


Charity Intelligence researches Canadian charities for donors to be informed and give intelligently. Our website posts free reports on more than 800 Canadian charities, as well as in-depth primers on philanthropic sectors like Canada’s environment, cancer, and homelessness. Today over 500,000 Canadians use our website as a go-to source for information on Canadian charities reading over 1.6 million charity reports. Through rigorous and independent research, Charity Intelligence aims to assist Canada’s dynamic charitable sector in being more transparent, accountable and focused on results.


Be Informed. Give Intelligently. Have Impact


Charitable Registration Number: 80340 7956 RR0001