Peace Arch Hospital Foundation

15521 Russell Avenue
White Rock, BC V4B 2R4
Executive Director: Stephanie Beck
Board Chair: Janice Stasiuk

Charitable Reg. #:12731 1348 RR0001

STAR RATING

Ci's Star Rating is calculated based on the following independent metrics:

[Charity Rating: 3/5]

✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

B-

RESULTS REPORTING

Grade based on the charity's public reporting of the work it does and the results it achieves.

n/r

DEMONSTRATED IMPACT

The demonstrated impact per dollar Ci calculates from available program information.

NEED FOR FUNDING

Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.

80%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 80 cents are available for programs.



My anchor

OVERVIEW

About Peace Arch Hospital Foundation:

Peace Arch Hospital Foundation is a 3-star charity that is financially transparent. It has a results reporting grade of B- which is below average. For every dollar, 80 cents are available to go towards the cause. Its reserve funds can cover program costs for four years and three months.

Founded in 1988, Peace Arch Hospital Foundation (PAHF) raises money to improve people’s health in the White Rock and South Surrey areas of British Columbia. In fiscal 2023 (year ended March), PAHF granted $7.4m. 94% of these grants ($6.9m) were given to Peace Arch Hospital (PAH). The other 6% ($444k) were community grants. 

In F2023, Peace Arch Hospital Foundation allocated 71% of grants to renovating PAH’s operating rooms to improve patient care. In F2023, PAHF treated 58,207 patients in the ER and delivered 744 babies. It reports performing 117,899 imaging exams and 10,983 surgeries.  PAHF hopes that by 2030, 362 beds will be available compared to the current 169 available beds. PAHF also identified the Emergency Department as a future priority, hoping to increase treatment spaces from the current 10 to 46.

In F2023, PAHF allocated 20% of grants to medical equipment. Each year the Foundation invests money to ensure that Peace Arch Hospital has the most up-to-date, modern, and vital pieces of equipment. In F2023, PAHF raised $2,663,001 for equipment. The charity has a wish list of equipment on its website. Some identified needs include ten glidescopes, six vital sign monitors, five endoscopic cameras, and one vein viewers.

In F2023, PAHF allocated 6% of grants for health community programs. According to PAHF, individuals who are inactive visit the doctor 5.5% more often and spend 38% more days in the hospital compared to those who are active. The health community grants go towards programs that promote physical, social, and mental wellbeing like the Generations Playground, Chronic Disease Management, and Move for Life program.

The other 3% of grants went towards other projects like the Youth in Action Program.

My anchor

Results and Impact

Peace Arch Hospital Foundation reports the benefits of increasing physical activity. It reports that physical activity leads to a 33-50% reduction in risk of heart disease, a 40% reduction in risk of Alzheimer’s, and a 25-58% reduction in the risk of diabetes. Physical activity adds 2-3 years to a senior person’s lifespan. Charity Intelligence is unclear if this data came from a study reflecting PAHF’s programs, or if it just represents general statistics on the benefits of physical activity.

While Ci highlights these results, they may not be a full representation of Peace Arch Hospital Foundation’s results and impact. This charity is not yet rated on impact (n/r).  

My anchor

Finances

In F2023, Peace Arch Hospital Foundation had total donations and special events revenue of $13.8m. This is a 60% increase from the $8.6m of donations and special events revenue received in F2022.

The charity does not separately disclose administrative and fundraising costs. The combined administrative and fundraising costs are 20% of revenues. For every dollar donated, 80 cents are available to go towards the cause. This is within Ci’s reasonable range for overhead spending. In F2023, 38% of donations went towards granting costs.  

PAHF has reserve funds of $31.9m. Excluding donor-endowed funds of $873k, the reserve funds can cover granting at the F2023 level for four years and three months.

Profile updated on June 11, 2024 by Abby Stout.

Financial Review


Financial Ratios

Fiscal year ending March
202320222021
Fundraising & admin costs as % of revenues 20.4%20.0%13.2%
Total overhead spending 20.4%20.0%13.2%
Program cost coverage (%) 421.8%308.3%198.6%

Summary Financial Statements

All figures in $000s
202320222021
Donations 12,2878,59314,693
Government funding 0144156
Business activities (net) 3,3803,5403,567
Special events 1,5413690
Investment income 2,4453,9367,044
Total revenues 19,65316,24825,549
Grants 7,3898,10510,435
Fundraising & administrative costs 3,5112,4602,435
Other costs 1,3051,3591,393
Total spending 12,20511,92414,262
Cash flow from operations 7,4484,32411,287
Capital spending 21831,931
Funding reserves 31,85025,72721,513

Note: ANCILLARY REVENUES: Ci reported ancillary parking revenues net of expenses. This affected total revenue and expenses by ($106k) in F2023, ($103k) in F2022, and ($91k) in F2021. DEFERRED DONATIONS: To report on a cash-basis, Ci adjusted for deferred donations. This affected revenue by $513k in F2023, $679k in F2022, and $217k in F2021.

Salary Information

Full-time staff: 15

Avg. compensation: $102,767

Top 10 staff salary range:

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
1
$160k - $200k
0
$120k - $160k
3
$80k - $120k
6
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2023

My anchor

Comments & Contact

Comments added by the Charity:

Peace Arch Hospital Foundation left this comment on a previous profile:

The mission of Peace Arch Hospital Foundation is to raise funds and awareness to enhance health and wellness in the White Rock/South Surrey community.

Incorporated in 1988, we have raised more than $140 million to fund vital health care services and medical equipment at Peace Arch Hospital and to support community health care initiatives.

In 2012, the Foundation's Board of Directors made a commitment to equally support projects and programs designed to make White Rock and South Surrey the healthiest community possible, with the goal to effect change upstream and keep people OUT of the hospital. With the two pillars of funding in place, both capital projects and equipment purchases that improve health care services at Peace Arch Hospital and the healthy community innovations like the all-abilities Generations Playground and Move For Life initiative that teaches and promotes physical literacy for people of all ages, the Foundation has become a trailblazer in supporting health care and wellness in all its forms. Peace Arch Hospital will always be available and well-equipped to treat patients right in their community, but hopefully with a healthy lifestyle, our families, friends and neighbours won't need it.

In 2014, the Foundation was accredited under Imagine Canada's stringent national Standards Program becoming one of the first hospital foundations in Canada to earn this credential of excellence and leadership in the charitable sector, an accreditation we hold to this day. Accreditation is given to charities and non-profits that have taken action through the Standards Program to bolster trust with the public by identifying and reducing organizational risk, improving board governance practices, being transparent and accountable with finances and fundraising, and fostering a strong workforce.

Because of our generous community of donors, we are able to make a powerful impact on health care in our community and have committed $37 million in funding towards a brand new and expanded emergency department and five state-of-the-art operating suites that are currently under construction at Peace Arch Hospital. These two critically-needed upgrades will be completed in 2021 and $37 million will be disbursed over the next seven years to help fund the project. 

In addition to the ER and OR, a new 200-bed residential care facility featuring a hospice and mental health unit will open in 2019 directly across from Peace Arch Hospital. This building is being financed by the Foundation in its entirety and will be operated by Fraser Health. 

Learn more about Peace Arch Hospital Foundation and how we’re making an impact or to contact us directly, please go to www.pahfoundation.ca

 

Comments for the 2024 profile update may be forthcoming.

Charity Contact

Website: www.pahfoundation.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 604.535.4520

Print  
Image

Charity Intelligence researches Canadian charities for donors to be informed and give intelligently. Our website posts free reports on more than 800 Canadian charities, as well as in-depth primers on philanthropic sectors like Canada’s environment, cancer, and homelessness. Today over 500,000 Canadians use our website as a go-to source for information on Canadian charities reading over 1.6 million charity reports. Through rigorous and independent research, Charity Intelligence aims to assist Canada’s dynamic charitable sector in being more transparent, accountable and focused on results.

 

Be Informed. Give Intelligently. Have Impact

 

Charitable Registration Number: 80340 7956 RR0001