Holland Bloorview Kids Rehabilitation Hospital Foundation
Toronto, ON M4G 1R8
President & CEO: Tracey Bailey
Board Chair: Jason Smith
Website: www.hollandbloorviewfoundation.ca
Charitable Reg. #: 88932 6278 RR0001
Charity Rating
Donor Accountability
Grade: B-
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
Full-time staff #20
Avg. Compensation $109,607
Top 10 Staff Salary Range
| $350k + | 0 |
| $300k - $350k | 1 |
| $250k - $300k | 0 |
| $200k - $250k | 1 |
| $160k - $200k | 0 |
| $120k - $160k | 3 |
| $80k - $120k | 5 |
| $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. 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 F2014 the Foundation made $6.1m in grants to the hospital. The latest breakdown available is from F2012, which went to the following areas: research (29% of grant funding), research institute core funding (25%), client and family centred care (20%), teaching and learning (12%), equipment (9%), and other (5%).
Financial Review:
In F2014 fundraising costs were 33% of donations and special event revenues, while administrative costs were 30% of revenues. The Foundation has funding reserves of $93.7m, which cover annual program costs 15.5 times.
Financial RatiosFiscal year ending March |
2014 | 2013 | 2012 |
|---|---|---|---|
| Administrative costs as % of revenues | 30.1% | 16.2% | 6.3% |
| Fundraising costs as % of donations | 32.9% | 15.0% | 12.2% |
| Program cost coverage (%) | 1,547.5% | 1,550.6% | 1,442.1% |
Summary Financial StatementsAll figures in $000s |
2014 | 2013 | 2012 |
|---|---|---|---|
| Donations | 3,652 | 9,693 | 12,496 |
| Special events | 1,682 | 1,500 | 1,679 |
| Investment income | 6,424 | 3,090 | 6,531 |
| Total revenues | 11,758 | 14,282 | 20,707 |
| Grants | 6,054 | 5,485 | 5,346 |
| Administrative costs | 1,606 | 1,811 | 897 |
| Fundraising costs | 1,753 | 1,681 | 1,728 |
| Cash flow from operations | 2,345 | 5,306 | 12,736 |
| Funding reserves | 93,691 | 85,047 | 77,097 |
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The information in this report was prepared by Charity Intelligence Canada and its independent analysts from publically-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. No attempt has been made to examine the effectiveness of the charities' programs.
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%).