St. Joseph's Health Care Foundation of London

550 Wellington Road
London, ON N6C 0A7
President & CEO: Michelle M. Campbell
Board Chair: Keith Trussler

Charitable Reg. #:11918 3390 RR0001

STAR RATING

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

🔓
Unlock Charity Ratings

✔+

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.

68%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 68 cents are available for programs.



My anchor

Programs

About St. Joseph's Health Care Foundation of London:

Founded in 2004, St. Joseph’s Health Care Foundation of London (SJHCF) raises funds and invests in research, patient care, and education, that would not otherwise be possible, at St. Joseph’s Hospital. Its overarching goal is to improve the care people receive St. Joseph’s Hospital through funding teaching and research. SJHCF reports that more than 50% of Canadians live with a chronic disease and its catchment area, Southwestern Ontario, has some of the highest rates in the province. In F2018, SJHCF raised $14.0 million of which it granted $4.3m to St. Joseph’s Hospital, of which 70% went to research, 29% to patient care and 1% to education.  

St. Joseph’s Health Care Foundation of London provides funds to advance research in order to provide better care and treatments for hospital patients. In F2018, SJHCF granted $797,205 to the Clinical Research and Chronic Disease Centre. The Clinical Research and Chronic Disease Centre brings researchers across many disciplines together in new facility to focus on life-long diseases, improving the way clinicians help to prevent, diagnose, treat and help people to manage them. In addition, SJHCF granted $90,121 to the surgical Mechatronics Lab. The Surgical Mechatronics Laboratory develops minimally invasive upper arm surgical interventions that support surgical skill development, enhance patient recovery and seek to reduce further surgeries. 

SJHCF grants money to St. Joseph’s to provide quality patient care. In F2018, SJHCF granted $103,802 for a resident bus for Mount Hope Centre for Long Term Care. The accessible bus was purchased to provide transportation for residents of Mount Hope, promoting community integration and leisure outings. In addition, $12,000 was granted to Parkwood Institute Main Building for a bladder scanner for specialized geriatric services.  

In addition to its medical care, St. Joseph's Hospital in London, Ontario is renowned for being the birthplace of Justine Beiber.

My anchor

Finances

St. Joseph’s Health Care Foundation of London is a large charity with $10m in donations and special events fundraising in F2018. In F2015, SJHCF received a grant of $5m from the City of London to be held in a separate account which can only be accessed by SJHCF upon approval of expenditures from the city. In F2017, $4.0m ($1.0m in F2016) of the grant was recognized as revenue and then was transferred to the London Medical Commercialization and Innovation Network.  

In F2018, administrative costs were 13% of fundraising revenues and fundraising costs were 20% of donations. For every dollar donated, 68 cents go to the cause. This iwithin Charity Intelligence’s reasonable range of overhead spending.  

St. Joseph’s Health Care Foundation of London has $81.9m in funding reserves, including $58.8m of donor-endowed funds. As such, SJHCF can cover annual program costs for 16.8 years, excluding donor-endowed funds.   

The charity report is an update that has been sent to St. Joseph’s Health Care Foundation of London for review. Changes and edits may be forthcoming.

Updated June 28, 2019 by Parker Thomlinson.

Financial Review


Financial Ratios

Fiscal year ending March
201820172016
Administrative costs as % of revenues 12.5%11.2%12.2%
Fundraising costs as % of donations 19.7%30.7%37.2%
Program cost coverage (%) 1,898.9%927.1%1,746.5%

Summary Financial Statements

All figures in $000s
201820172016
Donations 8,9726,3315,895
Government funding 04,0131,000
Lotteries (net) 971544516
Special events 1,0751,011918
Investment income 2,9557,015(674)
Total revenues 13,97418,9147,656
Grants 4,3148,1934,163
Administrative costs 1,3731,3371,017
Fundraising costs 1,9812,2512,537
Cash flow from operations 6,3077,132(62)
Funding reserves 81,91175,95272,709

Note: Ci reports lotteries net of expenses. As such, lottery and raffle revenues and expenses were backed out of special events and are reported net, decreasing special events revenues by $971k in 2018, $544k, and $516k in F2016.

Salary Information

Full-time staff: 21

Avg. Compensation $98,900

Top 10 staff salary range

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
1
$160k - $200k
1
$120k - $160k
1
$80k - $120k
7
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2018

My anchor

Comments & Contact

Comments added by the Charity:

No comments have been added by charity

Charity Contact

Website: www.sjhcfoundation.org
This email address is being protected from spambots. You need JavaScript enabled to view it.

Print