Scarborough Health Network Foundation

3050 Lawrence Avenue E, Suite 108
Scarborough, ON M1P 2V5
President & CEO: Alicia Vandermeer
Board Co-Chair: Paul Torrie

Charitable Reg. #:11914 2263 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) 60 cents are available for programs.

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About Scarborough Health Network Foundation:

Scarborough Health Network Foundation is a one-star charity with an average results reporting grade and overhead spending outside Ci's reasonable range. As with most hospital foundations, the charity is financially transparent and has high funding reserves.

Founded in 1977, Scarborough Health Network Foundation (SHNF) is a charity that raises money for Scarborough Health Network. Scarborough Health Network (SHN) includes three hospitals (Scarborough General, Birchmount, and Centenary) and eight satellite sites. SHN has the largest nephrology program in North America. The hospital partners with University of Toronto and other universities to train aspiring health care workers. The foundation wants to help SHN become the leading community teaching health network in Canada by funding the purchase of new medical technology and infrastructure. In F2022, SHNF granted $313k to the hospital and other organizations.

In F2021, the foundation bought a fluorescence imaging machine for treating patients with lymphedema. It also launched a joint research project with the University Health Network to improve care for nephrology patients. As part of its covid-19 relief program, SHNF donated over 401,000 pieces of personal protective equipment to medical workers during the year, including 27,541 N95 masks and 35,694 pairs of gloves.

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Results and Impact

Charity Intelligence did not find any quantified outcomes on Scarborough Health Network Foundation’s website. This may not be a complete representation of SHNF's results and impact.

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

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Scarborough Health Network Foundation received $14.7m in Canadian donations and fundraising revenue in F2022. This represents a 30% increase from F2021. It also earned $372k in investment income in F2022, representing a 4% annual return. Its average annual investment return since F2014 is 5%. The average annual investment return of the S&P 500 from 2014 to 2021 is around 13%. The foundation's funds are invested in a conservative fashion with the portfolio being 51% composed of fixed-income investments.

Combined administrative and fundraising costs are 40% of total revenue excluding investment income. For every dollar donated to the charity, 60 cents go to the cause. This is outside Ci's reasonable range for overhead spending.

SHNF has $25.1m in gross funding reserves, which includes $1.1m of donor-endowed funds. The foundation’s gross funding reserves, excluding donor-endowed funds, can cover average grant spending from F2018 to F2022 for around six years and one month.

This report is an update that has been sent to Scarborough Health Network Foundation for review. Comments and edits may be forthcoming.

Updated on August 25th, 2022 by Arjun Kapur.

Financial Review

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 0.0%7.0%10.8%
Fundraising costs as % of donations 0.0%24.1%33.7%
Fundraising & admin costs as % of revenues 40.5%0.0%0.0%
Total overhead spending 40.5%31.2%44.5%
Program cost coverage (%) 9,380.0%327.9%304.2%

Summary Financial Statements

All figures in $000s
Donations 14,67111,9119,184
Government funding 0250
Investment income 3721,476(536)
Total revenues 15,04313,4128,648
Grants 3134,5753,307
Administrative costs 0840989
Fundraising costs 02,8733,096
Fundraising & administrative costs 5,93600
Total spending 6,2488,2887,392
Cash flow from operations 8,7955,1241,255
Capital spending 03578
Funding reserves 25,15215,91910,993

Note: Ci used the charity’s T3010 filings to report administrative and fundraising costs in F2021 and F2020. The filing for F2022 was not available at the time of this report. Amortization of capital assets has been removed from combined administrative and fundraising costs in F2022. In F2021 and F2020 it was just removed from administrative costs. Grants have been adjusted to account for changes in amounts due to Scarborough Health Network, affecting expenses by ($5k) in F2022, ($7k) in F2021, and $660k in F2020.

Salary Information

Full-time staff: 19

Avg. compensation: $129,725

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

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Comments & Contact

Comments added by the Charity:

The comments below were provided by the charity with respect to a previous version of this profile. Updated comments may be forthcoming. 

Scarborough and Rouge Hospital (SRH) Foundation was formed through a merger of the legacy The Scarborough Hospital Foundation and Rouge Valley Health System Foundation in December 2016. We appreciate Charity Intelligence’s review and will consider the findings thoroughly. Our organization is currently undertaking a major community and stakeholder consultation to inform an organizational rebrand that will chart a course to transform health care in Scarborough. SRH Foundation is committed to operating with accountability and transparency. We look forward to sharing more with our donors following the launch of our new website and annual report in the latter half of 2018. 

Charity Contact

This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 416-431-8130


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Charitable Registration Number: 80340 7956 RR0001