University Hospitals Kingston Foundation

About University Hospitals Kingston Foundation:

Founded in 2005, University Hospitals Kingston Foundation (UHKF) raises funds for patient care, equipment, research and teaching at Kingston General Hospital, Providence Care Hospital and Hotel Dieu Hospital. In 2014, UHKF merged with the hospital foundations of the three hospitals to operate under the name of University Hospitals Kingston Foundation.

In F2015, University Hospitals Kingston Foundation allocated $5.5m to the hospitals. It gave $2.9m to Kingston General Hospital, $1.6m to Hotel Dieu Hospital and $1m to Providence Care Hospital. UHKF funded the new building of Providence Care Hospital, a mental health and rehabilitation facility which has 270 private patient rooms. Doctors at Hotel Dieu Hospital performed 185 hip or knee replacements in F2015. The hospital served 548,973 patients in F2015. University Hospitals Kingston Foundation reports that it saved $800,000 in energy thanks to facility upgrades. The foundation is in a $6m fundraising campaign to buy a second MRI machine for Kingston General Hospital.

Financial Review:

University Hospitals Kingston Foundation is a Big-Cap charity with donations of $10.2m in F2015. Administrative costs are 15% of total revenues and fundraising costs are 21% of total donations. Total overhead costs come to 36%, falling within Ci’s reasonable range. UHKF has funding reserves of $61.6m that can cover program costs for 11.1 years. The charity’s funding reserves increased from $1.2m in F2013 to $54.7m in F2014 as UHKF merged with the hospital foundations of Kingston General Hospital, Providence Care Hospital and Hotel Dieu Hospital.

This charity report is an update that is being reviewed by the charity. Changes and edits may be forthcoming.

Updated on August 15th, 2016 by Mirza Ali Shakir.