Milton District Hospital Foundation
Milton, ON L9T 9K1
Executive Director: Helen Vatistas
Board Chair: Brian Penman
Charitable Reg. #: 11924 5330 RR0001
Grade: B-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to the Cause
Full-time staff #4
Avg. Compensation $115,649
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||1|
|$80k - $120k||0|
|$40k - $80k||3|
About Milton District Hospital Foundation:
Founded in 1980, Milton District Hospital Foundation (MDHF) raises money to fund equipment, renovation, and construction at Milton District Hospital (MDH). MDHF reports that the hospital annually has 33,100 emergency visits and 1,000 childbirths and takes 40,000 diagnostic images.
In its F2017 impact report, Milton District Hospital Foundation states that Milton’s population grew from 54,000 in 2006 to over 130,000. Therefore, MDHF started a $30m campaign to triple the size of MDH, which was originally built to suit the needs of 32,000 people. The planned 330,000 square foot expansion of the hospital began in June 2015 and the renovated hospital was open for use on October 1, 2017. Renovations included an expanded maternal newborn unit, a new surgical service department, new medical and surgical inpatient units, a new emergency department, and a new diagnostic imaging department. In its March 2018 newsletter, MDHF reports that since the renovated hospital opened, 7,300 pieces of equipment were purchased, 26,478 imaging procedures were performed, 394 babies were born, 2,001 patients were admitted, the first MRI in Milton was purchased, four operating and four procedure rooms were built, and 51 beds and 23 emergency department stretchers were added to the hospital. MDHF reports that 80% of its inpatient beds within the expansion are in single-patient rooms.
Milton District Hospital Foundation is a medium-sized charity with donations of $4.8m in F2017. Its administrative and fundraising costs are 20% of revenues. For every dollar donated, 80 cents go to the cause, falling within Ci’s reasonable range for overhead spending.
The charity had funding reserves of $2.2m in F2017, which can cover just over 2 months of granting activities, indicating a need for funding. From F2015 to F2017, MDHF was working toward a $25m commitment to the hospital for equipment purchases in the expansion project. Program cost coverage fell significantly in F2017 as the foundation’s grants to the hospital were over four times higher than in F2016.
This report is Ci’s first charity report on Milton District Hospital Foundation and has been sent to the charity. Changes and edits may be forthcoming.
Updated August 17, 2018 by Joeyanne Cheung.
Financial RatiosFiscal year ending March
|Fundraising & admin costs as % of revenues||20.3%||9.1%||19.6%|
|Program cost coverage (%)||17.1%||378.0%||342.9%|
Summary Financial StatementsAll figures in $000s
|Business activities (net)||0||735||774|
|Fundraising & administrative costs||977||867||942|
|Cash flow from operations||(8,968)||5,664||2,383|