Victoria Hospitals Foundation (VHF) raises money to fund equipment purchases, training, research, and other special projects at hospitals in Victoria, British Columbia. The foundation grants money to Royal Jubilee, Victoria General, and Gorge Road hospitals which collectively treat approximately 200,000 Vancouver Island residents each year. In F2018, VHF granted $5.3m to the hospitals. The largest grant amounts were allocated to cardiac care (45%), diagnostic services (15%), and maternity & pediatric care (9%).

VHF reports that it funds 40% of equipment purchases for the hospitals. In F2018, foundation grants purchased 114 new pieces of equipment. Of this equipment, 23 pieces will be used in diagnosing and treating stroke survivors and patients with neurological conditions. VHF raised $3.2m to purchase 34 pieces of equipment for cardiac care. At the time of this report, the foundation’s current campaign was to raise $1.8m to purchase 40 monitors for pediatric and neonatal care.

In F2018, Victoria Hospitals Foundation distributed $25,300 to fund continued training for 46 staff and $45,100 in nursing scholarships to 50 people. Donations were also used to construct a new intensive care patient room and renovate areas designated for mental health with a new nursing station, secure room, and exam room.

Victoria Hospitals Foundation is a large charity with donations of $10.9m in F2018, of which $396k was in-kind donations. Donations to the foundation increased by 107% from F2017 to F2018. Administrative and fundraising costs are 21% of revenues less investment income. For every dollar donated, 79 cents go to the cause, which is within Ci’s reasonable range for overhead spending. VHF has $14.6m in funding reserves which could cover 2.8 years of granting at the F2018 level.

This charity report is an update that has been sent to Victoria Hospitals Foundation for review. Changes and edits may be forthcoming.

Updated on July 30, 2019 by Madison Kerr.