Royal Victoria Hospital Foundation
Montreal, QC H3A 1A1
President & CEO: Paulannie Jushkevich
Board Chair: Richard C. Pattee
Charitable Reg. #: 11892 1659 RR0001
Grade: C+The 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 #22
Avg. Compensation $63,676
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||1|
|$120k - $160k||1|
|$80k - $120k||3|
|$40k - $80k||5|
About Royal Victoria Hospital Foundation:
Founded in 1973, the Royal Victoria Hospital Foundation (RVHF) raises, manages and stewards funds primarily in support of the McGill University Health Centre (MUHC)’s Royal Victoria Hospital in Montreal. The Foundation helps fund programs, projects, and healthcare professionals for the advancement of patient care, research, and medical education.
In April 2015, the McGill University Health Centre Foundation and the Royal Victoria Hospital Foundation formed a partnership where they will consolidate their resources, website, social reporting, share a common board of directors, and have a single president overseeing the activities of both Foundations. Because of the new consolidated reporting, Charity Intelligence did not update the Donor Accountability grade and will no longer be updating the profiles of either foundation. Charity Intelligence will report on the consolidated performance of both foundations in 2018.
Royal Victoria Hospital Foundation is a big-cap charity with donations and special events revenues of $7.4m in F2016. Its administrative and fundraising costs are 26% of revenues. For every dollar donated, 74 cents go towards RVHF’s programs, falling within Ci’s reasonable range. The foundation has net funding reserves of $54.2m, resulting in a program cost coverage ratio of 538%. This means that RVHF can cover 5.4 years of its annual program costs using its existing reserves.
This charity profile is an update currently under review by Royal Victoria Hospital Foundation. Changes and edits may be forthcoming.
Updated July 20, 2017 by Kevin Silberberg.
Financial RatiosFiscal year ending March
|Fundraising & admin costs as % of revenues||26.3%||19.9%||17.7%|
|Program cost coverage (%)||538.1%||591.4%||655.2%|
Summary Financial StatementsAll figures in $000s
|Fundraising & administrative costs||2,017||2,178||1,968|
|Cash flow from operations||(4,404)||7,763||10,451|