Yukon Hospital Foundation

5 Hospital Road
Whitehorse, YT Y1A 3H7
President: Karen Forward
Board Chair: Philip Fitzgerald

Website: www.yhf.ca
Charitable Reg. #: 85678 1372 RR0001
Sector: Health - Hospital Foundation
Public Foundation

Results Reporting

Grade: D

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 through official request for information from Canada Revenue Agency [Audited financial statement for most recent year]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

2016 2017 2018
For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #1

Avg. Compensation $110,914

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 0
$80k - $120k 1
$40k - $80k 0
< $40k 0
Information from most recent CRA Charities Directorate filings for F2018

About Yukon Hospital Foundation:

Established in 2005, Yukon Hospital Foundation (YHF) works under the direction of its volunteer Board of Directors. YHF raises funds through events and individual and corporate giving to help the Yukon Hospital Corporation enhance the quality of healthcare Yukoners receive at the Whitehorse, Watson Lake and Dawson City hospitals.

Yukon Hospital Foundation granted $600k to Yukon Hospital Corporation and $39k to Yukon Cancer Care Fund in F2018. Since it started granting funds in 2014, Yukon Cancer Care Fund has assisted over 185 Yukoners by granting one-time donations of $1,000 per patient. Yukon Hospital Foundation launched its fundraising campaign for the Yukon Simulation Centre in the fall of 2017 to raise $1 million needed to purchase equipment and create a designated suite inside the hospital. The foundation has already raised more than $850,000 towards the campaign and hopes community donors will help them reach the campaign goal by the end of 2019.

Yukon Hospital Foundation website is currently being updated. Finalization is planned for early 2019.

Financial Review:

Yukon Hospital Foundation is a small-sized charity with $834k in donations and special events fundraising in F2018. Its administrative and fundraising costs are 52% of revenues. For every dollar donated, 48 cents go to the cause, which is not within Ci’s reasonable range for overhead spending.

In F2018, YHF had funding reserves of $854k, including $291k in donor-endowed funding reserves. This results in a program cost coverage ratio of 89% (excluding donor-endowed funds). This means that YHF can cover just under 11 months of its annual program spending using its existing reserves.

This charity report is an update that has been sent to Yukon Hospital Foundation for review. Changes and edits may be forthcoming.

Updated on July 5, 2019, by Parker Thomlinson.

Financial Ratios

Fiscal year ending March
Fundraising & admin costs as % of revenues 51.8%35.1%55.9%
Program cost coverage (%) 131.6%1,579.8%32.8%

Summary Financial Statements

All figures in $s
Donations 196,031563,740246,564
Government funding 93,00093,00093,000
Special events 637,950571,248493,562
Investment income 12,7384,1295,615
Other income 1,681482434
Total revenues 941,4001,232,599839,175
Grants 649,00065,202798,344
Fundraising & administrative costs 481,178431,627466,253
Cash flow from operations (188,778)735,770(425,422)
Funding reserves 854,1051,030,047262,016
Note: Ci has included special events gross of expenses in revenue and moved the special event expenses to expenses, affecting both revenues and expenses by $274k in F2018, $254k in F2017, and by $211k in F2016.

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