Alberta Children's Hospital Foundation

28 Oki Drive NW
Calgary, AB T3B 6A8
President & CEO: Saifa Koonar
Board Chair: Dale Dusterhoft

Charitable Reg. #:13037 3244 RR0001


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

[Charity Rating: 3/5]



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



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



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


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



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 82 cents are available for programs.

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About Alberta Children's Hospital Foundation:

Founded in 1957, Alberta Children’s Hospital Foundation (ACHF) is the fundraising arm for Alberta Children’s Hospital. The hospital cares for more than 102,000 children and families each year. Through its Child Health Grant Program, ACHF funds projects in four main areas. These include Research, Clinical Care, Family Centred Care, and Education. It granted a total of $23.0m in F2021.

Research funding represented 51% of grants in F2021. Alberta Children’s Hospital Foundation funds more than 200 researchers to investigate pediatric disorders. ACHF’s current research projects include studies on genetic disorders and childhood epilepsy. The charity reports that its researchers can now screen children for 4,800 genetic disorders using new DNA sequencing equipment.

Clinical Care was 33% of grants. ACHF funds a variety of health services and life-saving care programs. Its Pediatric Critical Care Transport Program sends emergency respondents to smaller hospitals by ambulance, plane, or helicopter. ACHF’s mobile teams provide emergency services and transport severely ill children to Alberta Children’s Hospital for critical care. The program provides critical care to more than 300 children and babies each year.

Family Centred Care made up 11% of grants. Alberta Children’s Hospital Foundation aims to offer health services that accommodate new families and young children. It states that the Alberta Children’s Hospital is the first in Canada to offer at-home cancer care. ACHF reports that at-home chemotherapy and treatments can take between 5 and 45 minutes, compared to several hours for a hospital appointment. ACHF also funds the Rotary Flames House, Alberta’s only pediatric hospice.

Education funding was the remaining 5% of grants. ACHF focuses on training physicians to support children and youth undergoing mental health crises. Through its CanREACH program, the charity offers a three-day conference and six-month virtual fellowship on mental health care. In F2021, ACHF helped to train 82 physicians and frontline workers on mental health support.

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Results and Impact

To help children with treatment-resistant depression, Alberta Children’s Hospital researchers are currently investigating a non-invasive brain stimulation treatment called transcranial magnetic stimulation (TMS). ACHF reports that initial trials have shown a 50% reduction in symptoms for more than half of research participants.

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

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Alberta Children’s Hospital Foundation is a Major 100 charity, one of Canada’s largest charities, with donations of $37.5m in F2021. Administrative costs are 9% of revenues (less investment income) and fundraising costs are 9% of donations. This results in total overhead spending of 18%. For every dollar donated to the charity, 82 cents go to the cause. This is within Ci’s reasonable range for overhead spending.

ACHF has $289.2m in total funding reserves, of which $78.6m is donor-endowed. Excluding donor-endowed funds, the charity can cover around 11 years of annual grant costs with its existing reserves. The charity’s funding reserves contributed $45.5m in investment income in F2021, at an estimated rate of return of 22% ($918k at a rate of return of 0.4% in F2019). Over the last eight years, Ci estimates that ACHF's investment returns have averaged 8%.

In F2021, ACHF granted $12.4m to Alberta Health Services (Alberta Children’s Hospital) and $10.5m to the University of Calgary. It states that it has committed $33.9m for future hospital and research grants and $14.6m for capital projects over the next two to three years.

Alberta Children’s Hospital Foundation discloses related party transactions. In F2021, it received $208k in donations from members of its board of directors and paid $11k to legal and investment firms owned by board members.

Charity Intelligence has sent this update to Alberta Children’s Hospital Foundation for review. Changes and edits may be forthcoming.

Updated on July 20, 2021 by Eric Zhao.

Financial Review

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 8.9%9.3%10.0%
Fundraising costs as % of donations 9.3%12.6%14.1%
Total overhead spending 18.2%21.9%24.1%
Program cost coverage (%) 1,104.9%685.8%597.7%

Summary Financial Statements

All figures in $000s
Donations 37,47238,27832,229
Goods in kind 1,1731,2381,729
Investment income 45,47791814,809
Other income 208232575
Total revenues 84,33040,66649,342
Grants 22,99227,00329,825
Administrative costs 3,4723,6763,464
Fundraising costs 3,4784,8374,539
Total spending 29,94235,51637,828
Cash flow from operations 54,3885,15011,514
Capital spending 02328
Funding reserves 289,236235,390231,437

Note: Ci included unrealized gains (losses) in investment income, affecting revenues by $25.9m in F2021, ($10.9m) in F2020, and ($984k) in F2019. Ci included donated goods and services used in fundraising activities, affecting revenues by $1.2m in F2021, $1.1m in F2020, and $1.7m in F2019. Ci reported other donated goods included within donations as goods in kind. Ci reported donations from related parties as other income and removed the amounts from donations. To report on a cash basis, Ci adjusted grants by changes in amounts payable to Alberta Health Services and University of Calgary. This affected grants and expenses by $963k in F2021, ($392k) in F2020, and $1.2m in F2019. Ci removed amortization from administrative costs.

Salary Information

Full-time staff: 44

Avg. compensation: $95,692

Top 10 staff salary range:

$350k +
$300k - $350k
$250k - $300k
$200k - $250k
$160k - $200k
$120k - $160k
$80k - $120k
$40k - $80k
< $40k

Information from most recent CRA Charities Directorate filings for F2020

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Comments & Contact

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Charity Contact

This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 403-955-8818


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Charitable Registration Number: 80340 7956 RR0001