Lloydminster Regional Health Foundation is a 1-star charity. While it is financially transparent and has reasonable overhead costs, it has a very low results reporting grade meaning that it reports very little of what it does for donors. Before you give, read Charity Intelligence’s report. 

Founded in 1983, Lloydminster Regional Health Foundation (LRHF) raises money to improve the quality of healthcare in Lloydminster, Saskatchewan. Lloydminster Hospital operates 66 beds and serves a population of approximately 72,000 people. The hospital is part of the Prairie North Regional Health Authority system that also includes Lloydminster Mental Health and Addictions Services, Lloydminster Area Home Care Services, and Pioneer Lodge Seniors Home.

In F2021, LRHF granted $1.3m to the health system to fund the hospital’s greatest needs, community care, continuing care, and acute care. Through the granting areas, the foundation supports equipment purchases and building projects to improve care for a range of patients, from those requiring only short-term treatment to the elderly who are no longer able to live independently.

Lloydminster Regional Health Foundation received donations and special events revenue of $1.9m in F2021. Administrative costs are 20% of total revenues and fundraising costs are 8% of total revenues. This results in an overhead cost of 28%. For every dollar donated, 72 cents go to the cause, which is within Ci’s reasonable range for overhead spending.

LRHF has $3.6m in funding reserves, of which $109k is donor-endowed. Excluding donor-endowed funds, the foundation could grant at the F2021 level for 2.8 years using reserves.

This charity report is an update that has been sent to Lloydminster Regional Health Foundation for review. Changes and edits may be forthcoming.

Updated on August 23, 2022 by Lin Zhu.