University Hospital Foundation
Edmonton, AB T6G 2B7
President: Joyce Mallman
Board Chair: Robert Bessette
Charitable Reg. #: 88900 3240 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 #33
Avg. Compensation $75,949
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||1|
|$200k - $250k||0|
|$160k - $200k||1|
|$120k - $160k||2|
|$80k - $120k||6|
|$40k - $80k||0|
About University Hospital Foundation:
Founded in 1962, University Hospital Foundation (UHF) raises funds to support the University of Alberta Hospital, the Mazankowski Alberta Heart Institute and the Kaye Edmonton Clinic. UHF aims to advance the health of Albertans by using generosity to save and change lives. The funds are used to enhance patient care, support research, and train and educate healthcare professionals. University Hospital Foundation reports that its fundraising priorities for the University of Alberta Hospital include funds for trauma care, cardiac care, brain care, and organ and tissue transplant.
In F2015, UHF reports that it funded the creation of the Gamma Knife and 3T MRI Centre at the University of Alberta Hospital to advance brain care. UHF also funded the first stroke ambulance in Canada, aiming to reduce the wait times for stroke patients, therefore decreasing their chance of suffering from permanent disability. The Foundation has also supported medical research, contributing $5 million in seed grants to 250 peer-reviewed research projects over the last 10 years. UHF also funded the purchase of a new Fibroscan for the Gastroenterology program at the University of Alberta Hospital. This allows up to 40 patients to be scanned a day, helping to diagnose liver disease before liver failure.
University Hospital Foundation is a large charity, with donations and special events revenues of $15.4m in F2015. Its administrative costs are 8% of revenues and its fundraising costs are 29% of donations. For every $1 donated to the charity, 63 cents is put towards its programs, falling within Ci’s reasonable range. The charity’s funding reserves of $129.8m include $12.4m in donor-endowed funds. This results in a high program cost coverage ratio, excluding donor-endowed funds, of 1,013%. This means that it can cover 10.1 years of its annual programs using its existing reserves.
This charity report is an update that is being reviewed by University Hospital Foundation. Changes and edits may be forthcoming.
Updated on August 12, 2016 by Lynn Tay.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||8.0%||8.0%||4.8%|
|Fundraising costs as % of donations||28.8%||32.4%||15.5%|
|Program cost coverage (%)||1,062.7%||932.3%||1,089.2%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||12,392||11,792||19,373|