Stollery Children's Hospital Foundation

800 College Plaza, 8215 - 112 Street
Edmonton, AB T6G 2C8
President & CEO: Karen Faulkner
Board Chair: Kevin McKee

Charitable Reg. #:12207 3158 RR0001

STAR RATING

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

[Charity Rating: 1/5]

✔+

FINANCIAL TRANSPARENCY

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

B-

RESULTS REPORTING

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

n/r

DEMONSTRATED IMPACT

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

NEED FOR FUNDING

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

61%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 61 cents are available for programs.



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OVERVIEW

About Stollery Children's Hospital Foundation:

Stollery Children’s Hospital Foundation is a 1-star charity. It has below average disclosure with a B- results reporting grade. Its overhead spending and need for funding are both outside Ci’s reasonable range. Read Ci’s report before donating.

Founded in 2001, Stollery Children’s Hospital Foundation (SCHF) strives to improve healthcare for children across Alberta. It traces its history back to 1978 when the Northern Alberta Children’s Hospital Foundation began to advocate for a new children’s hospital in Edmonton. The new Stollery Children’s Hospital opened in October 2001, funded largely by a donation from Bob and Shirley Stollery. In honor of their donation, the charity changed its name to Stollery Children’s Hospital Foundation. SCHF raises funds to support the hospital. It also raises funds for child health programs and research at other hospitals and institutions such as the University of Alberta. The charity states the Stollery Children’s Hospital is the most specialized children’s hospital in Western Canada and it serves the largest geographic area of any children’s hospital in North America.

Stollery runs five programs: Research, Equipment and Infrastructure, Patient Care, Training, and Advocacy. SCHF reports $16.8m in program spending on its AFS. Ci has adjusted this to $17.1m to account for changes grants payable. In F2025, SCHF spent $17.1m on its programs. This included $16.3m in grants to Alberta Health.

Research was the largest program in F2025. It accounted for $6.4m or 38% of program spending. This includes funding for the Women and Children's Health Research Institute (WCHRI) and pediatric fellowships at the University of Alberta. In F2025, WCHRI had 211 active research projects and upwards of 200 clinical trials.

Patient Care accounted for $5.0m or 29% of program spending in F2025. This includes patient and family-centered care at Stollery and funding for Recovery Alberta and other mental health services. In F2025, Stollery recorded 316,688 patient visits and 11,961 surgeries. In F2025, 3,300 children came to Stollery for a mental health emergency.

Equipment and Infrastructure accounted for $4.6m or 27% of program spending in F2025. The foundation funds medical equipment and facility upgrades, including virtual health technology, at Stollery. In F2025, the hospital recorded 153,461 virtual health visits.

Training and Advocacy account for the remaining $1.2m or 7% of program spending.

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Results and Impact

A Stollery-funded research team identified a new genetic variant linked to Alazami Syndrome. The discovery gave two siblings, aged 9 and 17, a confirmed diagnosis after standard genetic tests failed to identify the cause of their condition. The findings were published in June 2025.

While Ci highlights these key results, they may not completely represent Stollery Children’s Hospital Foundation’s full results and impact.

This charity is not yet rated on impact. This shows as n/r and does not affect its star rating.

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Finances

Stollery Children’s Hospital Foundation had total revenues of $44.7m in F2025. Donations accounted for $28.6m or 64% of revenues. It made $11.6m or 26% of revenues in investment income. Lotteries (net of expenses) accounted for $4.6m or 10% of revenues. In F2025, the charity spent $17.1m on its programs. This was 38% of revenues.

Administrative costs were $2.5m or 8% of revenues. Fundraising costs were $9.1m or 32% of revenues. For every dollar donated to the charity, 61 cents are available to go to the cause. This is outside Ci’s reasonable range, which has been the case for the last three years.

The Foundation has $108.7m in cash and investments. Its funding reserves can cover 6 years and 4 months of its annual program costs. This is outside Ci’s reasonable range.

The charity had investments of $83.9m and investment income of $11.6m. In F2025, investments had a return of 11%. The average return over the last five years was 8%.

SCHF paid external fundraisers $883k to raise $18.7m in F2025. It cost the charity 5 cents to raise a dollar using external fundraisers.

The foundation is in an extraordinary capital campaign. It is raising $1 billion to build a new standalone Stollery Children's Hospital.

In F2025, SCHF paid professional fees of $3.6 million. This was equivalent to 53% of the charity's $6.8 million in total compensation costs.

Updated on June 18, 2026 by Raihan Firosh. Changes and edits may be forthcoming. 

Financial Review


Financial Ratios

Fiscal year ending March
202520242023
Administrative costs as % of revenues 7.5%8.5%7.1%
Fundraising costs as % of donations 31.9%29.7%32.6%
Total overhead spending 39.4%38.1%39.7%
Program cost coverage (%) 636.3%439.0%436.1%

Summary Financial Statements

All figures in $000s
202520242023
Donations 28,63927,98625,294
Goods in kind 000
Government funding 00100
Lotteries (net) 4,6144,3643,435
Business activities (net) (140)147(58)
Investment income 11,5746,313817
Total revenues 44,68838,80929,588
Program costs 8328191,266
Grants 16,25620,42018,363
Administrative costs 2,4982,7462,053
Fundraising costs 9,1338,3028,246
Total spending 28,71932,28729,927
Cash flow from operations 15,9696,523(339)
Capital spending 254180201
Funding reserves 108,73993,23285,610

Note: 1. DEFERRED REVENUE: Ci adjusted for deferred revenue within donated goods in kind, government funding, lottery revenue, and business activities according to the charity’s audited financial statements. This affected revenue by ($44k) in F2025, $273k in F2024, and ($415k) in F2023.2. LOTTERY, NET EXPENSES: Ci records lotteries on a revenue net of expenses basis. This affected revenue and expenses by ($14.2m) in F2025, ($13.8m) in F2024, ($14.0m) in F2023.3. BUSINESS ACTIVITIES, NET EXPENSES: Ci accounts for business activities on a revenue-less-expenses basis. This affected revenue and expenses by ($572k) in F2025, ($553k) in F2024, ($499k) in F2023.4. CHANGES IN GRANTS AND PAYABLES TO RELATED PARTIES: Ci adjusted for change in grants and amounts due to related parties, which affected grants by 250k in F2025, $594k in F2024, $481k in F2023.

Salary Information

Full-time staff: 54

Avg. compensation: $124,289

Top 10 staff salary range:

$350k +
0
$300k - $350k
1
$250k - $300k
1
$200k - $250k
3
$160k - $200k
4
$120k - $160k
1
$80k - $120k
0
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2025

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Comments & Contact

Comments added by the Charity:

No comments have been added by the charity.

Charity Contact

Website: www.stollerykids.com
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 780-433-5437

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Charitable Registration Number: 80340 7956 RR0001