Health Care Foundation of St. John’s is a 2-star charity with best practices in financial transparency. It has a C results reporting grade which is below average. For every dollar donated to the charity, 76 cents go to the cause. This is within Ci’s reasonable range for overhead spending.

Founded in 2002, Health Care Foundation of St. John’s (HCFSJ) raises funds to improve adult healthcare in Newfoundland and Labrador. It reports that one in three people in the province will be impacted by cardiac illness. The charity gives grants to nine hospitals and health centers within the Eastern Regional Health Authority. In F2023, the charity granted $3.5m to Eastern Health. HCFSJ invests in facility improvements, education and research grants, patient comfort initiatives, and advanced medical equipment. In F2023, Health Care Foundation of St. John’s celebrated its 20th anniversary.

Health Care Foundation of St. John’s spent $2.8m on funding for equipment and technology in F2023, which represents 83% of total grant spending. In F2023, the foundation funded the development of a fourth new catheterization lab, two cuddle beds for palliative care, one new EMG machine, and more. The Comfort in Care program grants Eastern Health staff funding to improve patients' hospital experience, with 82 grants totaling $100k awarded in F2023.

HCFSJ spent $400k funding for education and research in F2023, which represents 13% of total grant spending. The charity currently supports research related to thrombosis, medical technology innovation, and translational genomics. In Spring 2023, its Moving Lives Forward program gave $45k in scholarships to people in mental health and addiction programs to help further their educations. It also gave 25 grants totaling $15k to nurses for training and certification.

The foundation spent $100k on hospital renovations in F2023, which represents 4% of total grant spending. As of F2023, 12 of 17 Integrated Operating Suites have been renovated from traditional to state-of-the-art rooms.

Health Care Foundation of St. John’s received $5.0m in Canadian donations and special events revenue in F2023. HCFSJ also received $1.6m net lottery revenue in F2023. The charity earned a 52% margin on its lottery in F2023. For every dollar spent on lottery tickets, 52 cents go to the charity. In F2023, the foundation did not receive any government funding, compared to $22k in  both F2022 and F2021. Health Care Foundation of St. John’s spent $3.1m on grants in F2023, which is 44% of revenues.

Administrative costs are 17% of total revenue (excluding investment income) and fundraising costs are 7% of donations. This results in total overhead spending of 24%. For every dollar donated, 76 cents are available to go to the cause. This is within Ci’s reasonable range of 65 to 95 cents for overhead spending.

In F2023, Health Care Foundation of St. John’s had a surplus of $1.9m (27% of total revenue), compared to $69k in F2022 and ($694k) in F2021. HCFSJ has $16.3m in reserve funds, meaning the charity can cover around 4 years and 7 months of annual grants with its current reserves.

HCFSJ reports annual commitments for buying two building lots and making progress payments for the Hospital Home Lottery Show in the amounts of $850k in F2024, $450k in F2025, and $450k in F2026.

This charity report is an update that was sent for review to Health Care Foundation of St. John's. Changes and edits may be forthcoming.

Updated on June 21, 2024 by Alexia Tudose.