Holland Bloorview Kids Rehabilitation Hospital Foundation
Toronto, ON M4G 1R8
President & CEO: Sandra Hawken
Board Chair: Jason Smith
Website: www.foundation.hollandbloorview.ca
Charitable Reg. #: 88932 6278 RR0001
Charity Rating
Results Reporting
Grade: C-
The grade is based on the charity's public reporting of the work it does and the results it achieves.Financial Transparency
Need for Funding
Spending Breakdown
Cents to the Cause
| ♦ | ♦ | ♦ | |
| 95¢ | |||
| 75¢ | |||
| avg | |||
| 65¢ | |||
| 50¢ | |||
| 2014 | 2015 | 2016 |
Full-time staff #19
Avg. Compensation $101,432
Top 10 Staff Salary Range
| $350k + | 0 |
| $300k - $350k | 0 |
| $250k - $300k | 0 |
| $200k - $250k | 1 |
| $160k - $200k | 0 |
| $120k - $160k | 2 |
| $80k - $120k | 7 |
| $40k - $80k | 0 |
| < $40k | 0 |
About Holland Bloorview Kids Rehabilitation Hospital Foundation:
The Holland Bloorview Foundation was established in 1996 to encourage community interest and raise funds in support of Holland Bloorview Kids Rehabilitation Hospital. Holland Bloorview Kids Rehabilitation Hospital is Canada’s largest children’s rehabilitation hospital, and is focused on improving the lives of kids with disabilities. The foundation claims that their support has enabled the hospital researchers to develop new mobility and communication devices, investigate clinical therapies for children with autism, and continue research into pediatric concussions.
In F2016 the Foundation made $7.4m in grants to the hospital, which went to: research (25% of grant funding), client and family centered care (23%), research institute core funding (18%), teaching and learning (17%), community resources (9%), and participation & inclusion (8%).
Financial Review:
Holland Bloorview Kids Rehabilitation Hospital Foundation is a big-cap charity with $5m in donations and special events revenues in F2016. Its administrative costs are 5% of revenues, and its fundraising costs are 6% of donations. For every dollar donated, 89 cents go towards the foundations programs, within Ci’s reasonable range. The foundation has total funding reserves of $97m, resulting in a program cost coverage ratio of 1047%. This means that the foundation can cover 10 years of its annual program costs using its existing reserves.
This charity report is an update that is being reviewed by Holland Bloorview Kids Rehabilitation Hospital Foundation. Changes and edits may be forthcoming.
Updated June 30, 2017 by Kevin Silberberg.
Financial RatiosFiscal year ending March |
2016 | 2015 | 2014 |
|---|---|---|---|
| Administrative costs as % of revenues | 5.1% | 5.9% | 11.5% |
| Fundraising costs as % of donations | 5.5% | 3.4% | 10.1% |
| Program cost coverage (%) | 1,046.8% | 1,072.8% | 1,134.1% |
Summary Financial StatementsAll figures in $000s |
2016 | 2015 | 2014 |
|---|---|---|---|
| Donations | 3,441 | 7,575 | 3,652 |
| Special events | 1,519 | 1,570 | 1,682 |
| Investment income | 1,007 | 8,475 | 12,792 |
| Total revenues | 5,967 | 17,619 | 18,126 |
| Program costs | 1,918 | 2,129 | 2,207 |
| Grants | 7,351 | 7,293 | 6,054 |
| Administrative costs | 254 | 540 | 612 |
| Fundraising costs | 274 | 307 | 539 |
| Cash flow from operations | (3,830) | 7,349 | 8,713 |
| Funding reserves | 97,026 | 101,085 | 93,691 |
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The information in this report was prepared by Charity Intelligence Canada and its independent analysts from publicly-available information. Charity Intelligence Canada and its analysts have made endeavours to ensure that the data in this report is accurate and complete but accept no liability.
Comments added by the Charity:
The Holland Bloorview Kids Rehabilitation Hospital Foundation was established in 1996 to encourage community interest and raise funds in support of Holland Bloorview Kids Rehabilitation Hospital. The Foundation is currently focused on raising $80m for the No Limits Campaign for Childhood Disability, which aims to recruit top talent, lead in collaborative research, support the family leadership program and invest in the education of future health professionals.
In 2014 the Foundation made $6.1m in grants to the Hospital in the following areas: research (49% of grant funding), teaching and learning (19%), client and family centered care (15%), community resources (14%), and participation & inclusion (3%).