Lions Gate Hospital Foundation
North Vancouver, BC V7L 2L7
President: Judy Savage
Board Chair: Paul Hamilton
Charitable Reg. #: 11902 0907 RR0001
Grade: D+The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to the Cause
Full-time staff #12
Avg. Compensation $101,954
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||1|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||1|
|$80k - $120k||1|
|$40k - $80k||7|
About Lions Gate Hospital Foundation:
Founded in 1981, Lions Gate Hospital Foundation (LGHF) raises funds for health care centres in northern Vancouver. The main beneficiary is Lions Gate Hospital. LGHF also sponsors Cedarview Lodge, Evergreen House and seven other hospitals. LGHF focuses on enhancing patient care and purchasing new equipment to respond to advances in medical technology. Grants this year went to LGH NOW (an outpatient care centre), a medical and surgical care centre, surgical hospice expansion, fluoroscopy/x-ray machines, youth mental health unit and equipment, as well as other minor projects.
LGHF reported the purchase of a new CT scanner, which allowed the medical imaging department to perform over 20,000 CT scans each year. In addition, the palliative care team on the North Shore currently connects with about 800 patients yearly. Currently, the LGHF is raising funds for a 225,000 square foot medical and surgical centre, due to open by 2023.
Results and Impact: Lions Gate Hospital Foundation reports that with the installation of the fluoroscopy unit, Lions Gate Hospital’s X-ray capacity has increased by as much as 50%, meaning speedier access to imaging for patients, and less waiting time for diagnosis.
Lions Gate Hospital Foundation is a large charity with donations and special event revenues of $21.4m in F2018. Administrative costs are 7% (excluding investment income) of revenues and fundraising costs are 3% of donations and special events fundraising. For every dollar donated, 91 cents go to the cause. This is within Ci’s reasonable range for overhead spending.
LGHF has total funding reserves of $49.5m, which include $44.7m in donor-endowed funds. Excluding donor-endowed funds, the charity can cover annual program costs for approximately nine months.
This charity report is an update that has been sent to Lions Gate Hospital Foundation for review. Changes and edits may be forthcoming.
Updated on May 29th, 2018 by Parker Thomlinson.
Financial RatiosFiscal year ending June
|Administrative costs as % of revenues||6.5%||6.7%||5.4%|
|Fundraising costs as % of donations||2.7%||2.9%||2.3%|
|Program cost coverage (%)||575.1%||344.6%||600.7%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||14,421||9,863||10,401|