Joseph Brant Hospital Foundation

1230 North Shore Blvd.
Burlington, ON L7S 1W7
President: Anissa Hilborn
Board Chair: Susan Busby

Website: www.jbhfoundation.ca
Charitable Reg. #: 10271 4151 RR0001

Sector: Health - Hospital Foundation

Public Foundation

Charity Rating

Subscribe now for charity ratings

Results Reporting

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 for current and previous years available on the charity's website [Audited financial statement for most recent year]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Cents to the Cause

♦	♦	♦
			95¢



			75¢
			avg
			65¢


			50¢

2014	2015	2016

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

Full-time staff #11

Avg. Compensation $108,131

Top 10 Staff Salary Range

$350k +	0
$300k - $350k	0
$250k - $300k	1
$200k - $250k	0
$160k - $200k	0
$120k - $160k	2
$80k - $120k	3
$40k - $80k	4
< $40k	0

Information from most recent CRA Charities Directorate filings for F2015

About Joseph Brant Hospital Foundation:

Joseph Brant Hospital Foundation (JBHF) raises funds for critical needs equipment, renovations and the operations of Joseph Brant Hospital. Its mission is to engage the community, inspiring investment in the Joseph Brant Hospital to make a difference in the community’s healthcare. JBHF’s strategic plan for the next three years outlines its goal to complete its $60 million Our New Era Campaign to renovate and expand the Joseph Brant Hospital. As of 2016, JBHF has committed $22.2 million towards this campaign.

In F2016, Joseph Brant Hospital’s 1,581 employees, including 152 physicians, dentists and midwives, served 11,820 inpatients, 44,821 emergency clients and performed 10,952 inpatient and day surgeries.

Financial Review:

Joseph Brant Hospital Foundation is a large charity, with donations and special events revenues of $11.8m in F2015. Its administrative costs are 4% of revenues and its fundraising costs are 4% of donations. For every $1 donated to the charity, 92 cents is put towards its programs, falling within Ci’s reasonable range. The charity’s funding reserves of $14.8m include $460k in donor-endowed funds. This results in a program cost coverage ratio, excluding donor-endowed funds, of 248%. This means that the charity can cover 2.5 years of its annual programs using its existing reserves.

This charity report is an update that is being reviewed by Joseph Brant Hospital Foundation. Changes and edits may be forthcoming.

Updated on July 28, 2016 by Lynn Tay.

Financial Ratios Fiscal year ending March	2016	2015	2014
Administrative costs as % of revenues	3.5%	2.9%	0.0%
Fundraising costs as % of donations	4.0%	9.5%	14.1%
Program cost coverage (%)	255.0%	80.2%	115.7%

Summary Financial Statements All figures in $000s	2016	2015	2014
Donations	10,775	7,020	6,219
Lotteries (net)	142	127	0
Business activities (net)	699	570	334
Special events	1,069	1,489	0
Investment income	162	160	256
Total revenues	12,848	9,367	6,808
Program costs	1,553	1,353	1,383
Grants	4,262	11,385	10,532
Administrative costs	445	270	0
Fundraising costs	477	811	876
Cash flow from operations	6,111	(4,452)	(5,983)
Funding reserves	14,830	10,214	13,790

Note: The charity does not explicitly report its lottery expenses in its audited financial statements. The lottery figures presented above are not net of expenses. The charity did not explicitly report its administrative expenses in its F2014 audited financial statements. Ci has adjusted parking expenses affecting revenues by ($2.2m) in F2015, by ($2.3m) in F2014, and by ($2.2m) in F2013. Ci has adjusted depreciation and parking expenses affecting expenses by ($2.2m) in F2015, by ($2.3m) in F2014, and by ($2.2m) in F2013.

Comments added by the Charity:

No comments have been added by charity