Shriners Hospitals for Children

1529 Cedar Avenue
Montreal, QC H3G 1A6
Board Chair: Gino Berratta
Administrator: Celine Doray

Charitable Reg. #: 14101 3680 RR0001
Sector: Health - Hospital Foundation
Public Foundation

Donor Accountability

Grade: C+

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

Financial Transparency

Audited financial statements available only upon request [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #0

Avg. Compensation $0

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 0
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2013

About Shriners Hospitals for Children:

Shriners Hospitals for Children Canada (SHCC) is one of 22 hospitals across North America owned and operated by Shriners International. SHCC is a 40-bed hospital focusing on comprehensive medical, surgical and rehabilitative care to children with orthopaedic conditions such as muscular dystrophy, brittle bones, osteroporosis, and spinal cord injuries. In addition to providing medical care, SHCC has earned international expertise in bone research through close working relations with McGill University. In 2014, SHCC Canadian researchers were the first to identify the painful bone defect causing osteroporosis and spine fractures in teenagers. SHCC also published discoveries on osteogenesis imperfects and its genetic cause that affects the collagen (the primary building block of bones.) The Shriners Hospitals have an international reputation for expertise in rare bone disorders. Past Shriners' research discoveries on clubfeet, dwarfism, and bone diseases have translated into treatment protocols and changed global practices.

SHC is in a $130m campaign to build a new children's hospital that will be part of McGill's "superhospital" opening in September 2015. Shriners International has pledged $97m. The new SHC hospital will maintain its focus on orthopaedic conditions. It is expected to have 25,000 clinical visits a year, a 56% increase from current facilities.

Financial Review:

SHC is outstanding for its cost efficiency in fundraising and operating costs; administrative costs are 1.4% of revenues and fundraising costs are 1.0% of donations and events. This is due to the strong fraternity of Shriners that contribute to SHC. Funding reserves of $6.9m cover annual grants 1.1 times. The T3010 regulatory filings do not show any paid staff; all staff costs are included with the hospital accounts.

Financial Ratios

Fiscal year ending December
Administrative costs as % of revenues 1.4%1.3%0.1%
Fundraising costs as % of donations 2.7%1.8%0.9%
Program cost coverage (%) 114.2%103.8%2,675.5%

Summary Financial Statements

All figures in $000s
Donations 5,9077,19415,139
Fees for service 596364
Special events 7084760
Investment income 5314(165)
Total revenues 17,8048,05716,502
Program costs 000
Grants 6,0009,425545
Administrative costs 24310522
Fundraising costs 175140130
Cash flow from operations 11,386(1,613)15,805
Funding reserves 6,8519,78614,577
Note:   In 2013, SHC received donations of $11.3m including $9.2m from Shriners International that are deferred for the MUHC construction project. This deferred adjustment accounts for the difference between the stated revenues in the audited financial statements and the Charity Intelligence Financial Review above. SHC's report is a fascinating read about latest events and well worth the read for donors looking for more information

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