Hamilton Health Sciences Foundation

1 King St. W, Suite 702
Hamilton, ON L8P 1A4
President & CEO: Pearl Veenema
Board Chair: Jon Jurus

Charitable Reg. #:13115 9543 RR0001


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

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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) 66 cents are available for programs.

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About Hamilton Health Sciences Foundation:

Founded in 1976, Hamilton Health Sciences Foundation (HHSF) raises money to fund equipment purchases, redevelopment costs, research, and training at five hospitals, a cancer care centre, and an urgent care clinic in the Hamilton area. The healthcare centres serve the 2.3 million people living in Hamilton, Halton, Niagara, Brant, Norfolk, and Haldimand. HHSF operates under different names for marketing purposes: McMaster Children’s Hospital Foundation, Hamilton General Hospital Foundation, Juravinski Hospital and Cancer Centre Foundation, and St. Peter’s Hospital Foundation.

In F2018, Hamilton Health Sciences Foundation allocated $15.7m in grants to healthcare in Hamilton. Of the money granted, 41% was used to improve patient care including purchasing two microscopes for brain surgery, ultrasound machines, and five workstations on wheels for cancer care. HHSF also worked to improve patient care by purchasing entertainment and games for a Halloween party at McMaster Children’s Hospital.

HHSF allocated 38% of grants to redevelopment in F2018, funding building projects and the renovation of existing spaces. Hamilton Health Sciences opened a Child and Youth Mental Health Courtyard and the Joyce Centre for Healthcare innovation. Patient showers and a radiation bunker have been renovated.

In F2018, the remaining grant money funded research (19%) and training (2%). The foundation recognizes that the ongoing education of healthcare workers is crucial to maintaining Hamilton Health Sciences’ quality of care and research.

HHSF ended its Tomorrow Stems From You campaign to increase the number of cancer patients receiving stem-cell treatment by 50%. While the previous goal was to raise $3.5m, the campaign closed after raising $5m.  

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Results and Impact

A cardiology team at Hamilton General Hospital has conducted the world’s first clinical trial of a hybrid imaging catheter. This device allows doctors to take two types of images from the inside of a patient’s artery.

Using funding from HHSF, Dr. Richard Sztramko and his team have created “iGeriCare”. This platform educates patients and their families about dementia.  

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Hamilton Health Sciences Foundation received $18.7m in donations during F2018, making it a Major 100 charity and one of Canada’s largest. Administrative costs are 13% of revenues less investment income, and fundraising costs are 20% of donations. For every dollar donated, 66 cents go to the cause, which is within Ci’s reasonable range for overhead spending. HHSF has funding reserves of $134.7m of which $21.1m is donor-endowed. Excluding donor-endowed funds, the foundation could grant at the F2018 level for almost eight years using reserves.

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

Updated on June 20, 2019 by Madison Kerr.

Financial Review

Financial Ratios

Fiscal year ending December
Administrative costs as % of revenues 13.3%10.1%9.6%
Fundraising costs as % of donations 20.4%15.0%14.8%
Program cost coverage (%) 778.4%696.1%918.6%

Summary Financial Statements

All figures in $000s
Donations 18,65724,20324,408
Lotteries (net) 521485406
Investment income (2,409)8,2007,345
Total revenues 16,76932,88732,159
Grants 15,65218,40213,650
Administrative costs 2,5582,4842,378
Fundraising costs 3,8143,6243,602
Total spending 22,02424,51019,630
Cash flow from operations (5,255)8,37712,528
Capital spending 95885
Funding reserves 134,714140,703132,557

Note: Ci has presented lottery income as net of expenses, affecting revenue and expenses by ($509k) in F2018, ($511k) in F2017, and ($452k) in F2016. Gross funding reserves include cash and equivalents, investments, and mortgage receivable less funds held in trust – due to Hamilton Health Sciences.

Salary Information

Full-time staff: 33

Avg. Compensation: $107,684

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 F2017

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Comments & Contact

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Charity Contact

Website: www.hamiltonhealth.ca
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