Humber River Hospital Foundation
Toronto, ON M3M 0B2
President & CEO: Colleen Albiston
Board Chair: Roy Scaini
Charitable Reg. #: 11930 6306 RR0001
Grade: CThe 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 #24
Avg. Compensation $90,011
Top 10 Staff Salary Range
|$300k - $350k||1|
|$250k - $300k||0|
|$200k - $250k||1|
|$160k - $200k||1|
|$120k - $160k||1|
|$80k - $120k||6|
|$40k - $80k||0|
About Humber River Hospital Foundation:
Founded in 1982, the Humber River Hospital Foundation (HRHF) supports patient care at the Humber River Regional Hospital, one of the largest hospitals in the Greater Toronto Area. HRHF raises funds to invest in the hospital’s programs, research and facilities. HRHF aims to provide the best treatments to patients, and invests in research to keep up with the increasingly complex health care sector.
For the past few years, HRHF has been in a fundraising campaign to establish a new hospital centre for the Humber River Regional Hospital. In October 2015, it finally launched the new centre, which HRHF claims is the first digital hospital in Ontario. HRHF funds many programs at the hospital, including emergency care, maternal programs and mental health services. The hospital also offers many surgical programs. The newly established Murphy and Helen Hull Robotics Centre has introduced the use of robotics in surgery. Surgeons have performed over a 100 life saving operations at this centre.
The Humber River Hospital Foundation continues its fundraising campaign to buy equipment for the recently opened hospital centre.
Humber River Hospital Foundation is a Big-Cap charity with donations and special event revenues of $9.6m in F2015. Administrative costs are 16% of revenues and fundraising costs are 26% of donations. Total overhead costs come to 42% and fall above Ci’s reasonable range. HRHF has total funding reserves of $12.8m that can cover its F2015 program costs for 8 months. In F2014, HRHF had funding reserves of $24.5m that could cover its program costs for 5.1 years. The charity spent down its funding reserves on grants for the new hospital centre in F2015.
This charity report is an update that is being reviewed by Humber River Foundation. Changes and edits may be forthcoming.
Updated on May 31st , 2016 by Mirza Ali Shakir.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||16.0%||13.5%||11.9%|
|Fundraising costs as % of donations||26.1%||47.2%||49.3%|
|Program cost coverage (%)||66.2%||514.1%||259.9%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||(11,873)||1||(4,390)|