Queensway Carleton Hospital Foundation
Ottawa, ON K2H 8P4
President & CEO: Melanie Adams
Board Chair: Ron Prehogan
Website: www.qchfoundation.ca
Charitable Reg. #: 13725 3571 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 #12
Avg. Compensation $92,307
Top 10 Staff Salary Range
| $350k + | 0 |
| $300k - $350k | 0 |
| $250k - $300k | 0 |
| $200k - $250k | 1 |
| $160k - $200k | 0 |
| $120k - $160k | 2 |
| $80k - $120k | 3 |
| $40k - $80k | 4 |
| < $40k | 0 |
About Queensway Carleton Hospital Foundation:
The Queensway Carleton Hospital Foundation (QCHF) is the fundraising arm of the Queensway Carleton Hospital, which serves a community of over 400,000 people in the Ottawa Valley. Its mission is to “inspire action from our communities to invest in the Queensway Carleton Hospital.”
In F2014, QCHF launched a new and still ongoing campaign – Advancing Care for All Ages, which aims to raise $30 million. This campaign will help fund the Acute Care of the Elderly (ACE) Unit, a 34-bed geriatric care facility. The funds will also be used to purchase new diagnostic imaging equipment, including a new MRI machine, fluoroscopy unit, and a nuclear gamma camera. QCHF also aims to improve patient care through improvements to its mental health and childbirth programs. In F2015, Queensway Carleton Hospital Foundation purchased the new MRI, fluoroscopy machine, and a CT scanner.
The Foundation is currently looking to invest in new diagnostic imaging technologies to reduce wait times.
Financial Review:
Queensway Carleton Hospital Foundation is a medium-sized charity with $4.7m in donations in F2016. Its administrative costs are 12% of revenues, and its fundraising costs are 20% of donations. For every dollar donated, 68 cents go towards QCHF’s grants to the hospital, falling within Ci’s reasonable range. The foundation has $1m in total funding reserves, resulting in a program cost coverage ratio of 25%. This means that the foundation can cover 3 months of its annual program costs using its existing reserves, showing a need for funding.
This charity report is an update that is being reviewed by Queensway Carleton 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 | 12.0% | 14.3% | 13.6% |
| Fundraising costs as % of donations | 20.0% | 25.5% | 23.8% |
| Program cost coverage (%) | 24.5% | (22.4%) | (11.2%) |
Summary Financial StatementsAll figures in $000s |
2016 | 2015 | 2014 |
|---|---|---|---|
| Donations | 4,732 | 3,269 | 3,385 |
| Business activities (net) | 3,551 | 3,219 | 3,261 |
| Investment income | 90 | 345 | 360 |
| Total revenues | 8,373 | 6,833 | 7,005 |
| Grants | 4,177 | 3,658 | 6,518 |
| Administrative costs | 997 | 928 | 902 |
| Fundraising costs | 948 | 834 | 807 |
| Other costs | 322 | 342 | 357 |
| Cash flow from operations | 1,929 | 1,071 | (1,579) |
| Funding reserves | 1,023 | (820) | (732) |
For more information on Canadian charities, please visit www.charityintelligence.ca
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:
No comments have been added by charity