Saint John Regional Hospital Foundation

PO Box 2100, 400 University Avenue
Saint John, NB E2L 4L2
President & CEO: James Gallagher
Board Chair: Derek Dobson

Charitable Reg. #:11913 2363 RR0001


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

[Charity Rating: 1/5]



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) 68 cents are available for programs.

My anchor


About Saint John Regional Hospital Foundation:

Saint John Regional Hospital Foundation is a one-star charity with a below-average results reporting grade and overhead spending in Ci's reasonable range. The charity is financially transparent and has high funding reserves. 

Founded in 1980, Saint John Regional Hospital Foundation (SJRHF) is a charity that raises money for Saint John Regional Hospital and the wider Horizon Health Network. Horizon Health Network is the largest regional health authority in New Brunswick and the second largest health authority in Atlantic Canada. It operates 12 hospitals and over 100 medical facilities. The foundation’s main granting areas are Innovation, Patient Support, and Education and Training. It does not provide a spending breakdown of its programs on its website. In F2022, the charity granted $3.0m to Horizon Health Network.

The Innovation program involves the purchase of new equipment and technology to improve the quality of medical care at the foundation’s affiliated hospitals and health centres. In F2022, it purchased a 3d bronchoscopic navigation system to find tumors and a DNA-RNA extractor to aid in cancer treatment. The foundation also purchased an epic ultrasound system and four new myocardial protection pumps for New Brunswick Heart Centre.

The Patient Support program mainly funds items that improve the comfort of patients. In F2021, the charity purchased seven T688 patient treatment chairs with tray arms. It also purchased six 28-inch hospital grade televisions for patient rooms. 

The Education and Training program provides training equipment for students and healthcare professionals. In F2022, it gave six point-of-care ultrasound units to Dalhousie Medicine New Brunswick so that students could practice scanning. It also purchased a childbirth simulator to help medical teams become efficient in responding to childbirth emergencies.

My anchor

Results and Impact

Ci did not find quantified outcomes on Saint John Regional Hospital Foundation’s website. This may not be a complete representation of its results and impact.

This charity is not yet rated on impact (n/r).

My anchor


In F2022, Saint John Regional Hospital Foundation received $5.0m in donations. It earned $2.4m in net lottery revenue (24% of total revenue) during the year. The charity received $6.5m in gross lottery revenue. For every dollar spent on lottery tickets, 37 cents go to the charity. SJRHF earned $2.3m in investment income in F2022 (24% of total revenue), representing a 9% annual return. Its average annual investment return since F2014 is around 6%. The average annual investment return of the S&P 500 from 2014 to 2021 is around 13%.

Administrative costs are 9% of total revenue excluding investment income. Fundraising costs are 23% of donations. This results in total overhead spending of 32%. For every dollar donated to the charity 68 cents go to the cause. This is within Ci’s reasonable range for overhead spending. 

SJRHF has $35.7m in net funding reserves, including $13.2m in donor-endowed funds. Its net funding reserves, excluding donor-endowed funds, can cover F2022 grant spending for around nine years and eight months. Using average grant spending from the last five years, it can cover costs for around six years and five months.

This charity profile is an update that has been sent to Saint John Regional Hospital Foundation for review. Changes and edits may be forthcoming.

Updated on August 24th, 2022 by Arjun Kapur.

Financial Review

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 8.7%8.8%10.1%
Fundraising costs as % of donations 23.0%28.1%18.7%
Total overhead spending 31.6%36.9%28.7%
Program cost coverage (%) 966.0%490.9%457.1%

Summary Financial Statements

All figures in $000s
Donations 5,0324,5556,175
Government funding 732220
Lotteries (net) 2,4101,6201,349
Investment income 2,3384,108(843)
Total revenues 9,85210,5056,681
Grants 2,9894,3613,687
Administrative costs 651560758
Fundraising costs 1,1561,2811,153
Total spending 4,7956,2025,598
Cash flow from operations 5,0574,3031,084
Capital spending 26041
Funding reserves 35,69030,32725,091

Note: Ci adjusts donations by changes in pledges receivable to report on a cash basis. This affects revenues by ($199k) in F2022, ($925k) in F2021, and ($438k) in F2020. Ci includes unrealized investment gain (loss) in investment income, affecting revenues by $1.3m in F2022, $3.4m in F2021, and ($1.7m) in F2020. Grant spending is adjusted by changes in amounts due to Horizon Health Network. This affects total expenses by $490k in F2021 and ($259k) in F2020.

Salary Information

Full-time staff: 15

Avg. compensation: $77,800

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 F2021

My anchor

Comments & Contact

Comments added by the Charity:

This comment was added to a previous version of the profile and is not current.

At the end of March 31, 2019, the Foundation had $4,926,829 in outstanding commitments included in our funding reserves that we expect to be disbursed within the next 12 months. When projects are granted the funds are committed/reserved until the purchase/implementation are complete and then the funds are released to the appropriate vendor. The commitments include the following initiatives; Clinic 1 Expansion $3,855,399, Research Projects $796,355, Pediatric Equipment $210,217, Mental Health Programs $31,529 and two oncology room enhancements $31,529.

Included in the Foundation’s funding reserves is $2,303,681 of unrealized gains from our investments that is not available to us for disbursement as well as a $700,000 operating reserve retained to ensure positive cash flow for our organization.  

Most of the $4.9M of designated funds in our funding reserves has been received from various donors for the purpose of supporting the Professional Development of our healthcare professionals from scientific exchange. While medical progress and the advancement of science depend on a number of factors, conferences organized by medical societies and related organizations are particularly crucial for encouraging scientific exchange. To contribute to the professional development of the healthcare professionals at the Saint John Regional Hospital, we create the opportunity for scientific exchange with this surplus by providing funding for conferences such as the annual symposium on current perspectives in Cardiovascular Disease , NB Hematology Day, NB Professional Diabetes Educators Conference and many more.  These surplus funds are designated for scientific exchange and approximately $2M a year is disbursed for the educational needs of our clinicians.

Charity Contact

This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 506-648-6400


Charity Intelligence researches Canadian charities for donors to be informed and give intelligently. Our website posts free reports on more than 800 Canadian charities, as well as in-depth primers on philanthropic sectors like Canada’s environment, cancer, and homelessness. Today over 500,000 Canadians use our website as a go-to source for information on Canadian charities reading over 1.6 million charity reports. Through rigorous and independent research, Charity Intelligence aims to assist Canada’s dynamic charitable sector in being more transparent, accountable and focused on results.


Be Informed. Give Intelligently. Have Impact


Charitable Registration Number: 80340 7956 RR0001