Janeway Children's Hospital Foundation

300 Prince Philip Drive, Suite 2J140
St. John's, NL A1B 3V6
Executive Director: Lynn Sparkes
Board Chair: Lloyd Powell

Website: www.janewayfoundation.nf.ca
Charitable Reg. #: 11923 9127 RR0001
Sector: Health - Hospital Foundation
Public Foundation

Donor Accountability

Grade: C+

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

Financial Transparency

Audited financial statements for current and previous years available on the charity's website [ Audited financial statement for most recent year ]

Need for Funding

donor
endowed
Funding Reserves Program Costs

Spending Breakdown

Full-time staff #8

Avg. Compensation $84,352

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 1
$80k - $120k 1
$40k - $80k 6
< $40k 0
Information from most recent CRA Charities Directorate filings for F2016

About Janeway Children's Hospital Foundation:

Established in 1985, Janeway Children’s Hospital Foundation raises funds to benefit Janeway Children’s Health & Rehabilitation Centre, Newfoundland and Labrador’s only pediatric hospital. Each year, the hospital has approximately 123,000 patient visits and admissions. Donations to the foundation contribute to the purchase of medical equipment, education of staff, research, and programs related to children’s health and welfare.

Each year, Janeway Foundation funds $150k towards pediatric medical research. In F2016, funds were allocated to research in high-risk births, childhood obesity, genetics, infant feeding, and mental health. The foundation reports that approximately 1,000 people in Newfoundland and Labrador have type 1 diabetes, half of which are under the age of 18. Janeway Children’s Hospital’s research will aim to improve the well-being of those living with this illness.

Telemental Health program is a telemedicine service used across Canada and other countries to connect children with mental health concerns to health care professionals that can address their needs remotely. Janeway Foundation provided technological equipment required for videoconferencing between patients and doctors. The foundation reports that program usage has increased by 50% between F2015 and F2016, saving patients and families time and transportation costs.

In F2016, the foundation helped raise funds for a new fluoroscopy suite for the hospital. Fluoroscopy uses x-rays to capture moving images of organs. Fluoroscopy procedures reduce the radiation dose to the child by 50% and is a less invasive and alternative method for evaluation for patients that are not MRI compatible.

Financial Review:

Janeway Children’s Hospital Foundation is a medium-sized charity with $4.5m in donations and special events revenues in F2016. Administrative costs were 4% of revenues and fundraising costs were 30% of fundraising. As such, for every $1 donated, 66 cents go to the cause. This falls within Charity Intelligence’s reasonable range for overhead spending. Funding reserves of $8.2m (including $2.2m in donor-endowed funds) can cover annual program costs 2.3 times excluding donor-endowed funds.

The charity report is an update that is currently being reviewed by Janeway Children’s Hospital Foundation. Changes and edits may be forthcoming.

Updated June 14, 2017 by Juliana Badovinac.

Financial Ratios

Fiscal year ending March
201620152014
Administrative costs as % of revenues 4.1%5.4%4.2%
Fundraising costs as % of donations 29.9%37.9%39.7%
Program cost coverage (%) 302.0%562.9%197.3%

Summary Financial Statements

All figures in $s
201620152014
Donations 4,383,8024,001,6074,029,636
Special events 161,112147,048151,971
Investment income 69,789451,969480,705
Total revenues 4,614,7034,600,6244,662,312
Grants 2,710,1381,490,9663,533,995
Administrative costs 184,807225,507174,782
Fundraising costs 1,358,5451,570,7471,660,581
Cash flow from operations 361,2131,313,404(707,046)
Funding reserves 8,185,6118,392,7156,971,716

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