Alberta Children's Hospital Foundation

28 Oki Drive NW
Calgary, AB T3B 6A8
President & CEO: Saifa Koonar
Board Chair: Mike Begin

Charitable Reg. #:13037 3244 RR0001

STAR RATING

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

[Charity Rating: 3/5]

✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

A

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.

76%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 76 cents are available for programs.



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OVERVIEW

About Alberta Children's Hospital Foundation:

Alberta Children’s Hospital Foundation is a 3-star charity. It is financially transparent and has an A results reporting grade, which is above average. Its overhead spending is 24%, which is within Ci’s reasonable range. Its reserve funds can cover program costs for more than six years, which is above Ci’s reasonable range.

Founded in 1957, Alberta Children’s Hospital Foundation (ACHF) fundraises for child healthcare at the Alberta Children’s Hospital (and associated child health sites), the University of Calgary and in the local community. Alberta Children's Hospital (ACH) is operated and managed by Alberta Health Services, which is the province-wide health authority in Alberta. The money it raises pays for initiatives that advance child health, research, and family centred care. The charity aims to solve health challenges facing children and families, such as serious illness, mental health struggles and the need for more accessible care.

In the fiscal year ending March 2024 (F2024), ACHF granted $39.4m. Its grants mainly go towards the University of Calgary and Alberta Health Services, which support ACH's facilities and the hospital's research. The charity funds four areas: Research, Clinical Child Health, Patient and Family Centred Care, and Education and Training.

The following information is based on the charity’s 2025 Annual Report; however, the Annual Report's data is from F2024.

Research got 60% ($23.6m) of grants in F2024. These grants are for research at Alberta Children’s Hospital and the University of Calgary. The research aims to understand child health challenges and discover new treatments to improve the quality of life for kids. The charity is also the primary funder of the Alberta Children’s Hospital Research Institute. Through that support, the Institute launched 19 new clinical trials and managed 41 ongoing clinical trials in F2024. It also had 615 research trainees. 

Clinical Child Health got 31% ($12.1m) of grants in F2024. The charity aims to equip hospital staff with the skills, treatments, and tools needed to provide quality clinical care. These grants fund many services, such as the hospital’s Pediatric Critical Care Transport (PCCT) Team, the Rotary Flames House, The Summit: Marian & Jim Sinneave Centre for Youth Resilience, and the Hospital at Home program. The PCCT Team provides specialized care for patients that require urgent transportation to ACH. In F2024, the hospital completed 275 emergency transports. The Rotary Flames House is a pediatric hospice designed for medically complex children to receive support. In F2024, it had 2,296 nights of stay and volunteers worked 7,498 hours. The Summit is a youth mental health centre that provides a family walk-in service, intensive therapy, and a day hospital for young people transitioning from a hospital back to their home. The Summit had 3,576 walk-in sessions and helped a total of 2,596 youths. The Hospital at Home program sends specially trained nurses to administer medications and therapies to young patients in their own homes. In F2024, this program had 1,519 home visits and cared for 102 patients. 

Patient and Family Centred Care got 8% ($3.0m) of grants in F2024. ACHF funds programs and services that aim to provide well-rounded support for patients and families. It includes a Family and Community Resource Centre, which provides information and resources to help families understand their child’s condition. In F2024, it loaned 7,321 books and kindles. The programs also provide access to Child Life Therapists and therapeutic programs like art, music and plant-based therapy. In F2024, these therapeutic programs had 3,498 patient interactions.

Education and Training got 2% ($767k) of grants in F2024.  The charity funds programs to educate and train hospital staff, families, and other members in the community on child health topics and procedures. It funded the KidSIM program, which simulates emergency scenarios on mannequins for caregivers to practice for the real world. In F2024, it hosted 670 simulation training sessions. 

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Results and Impact

In F2024, Alberta Children’s Hospital Foundation’s support of child health research enabled 1,563 research peer-reviewed publications. It also funded research about severe E. coli infections in children conducted by Dr. Stephen Freedman. A conclusion from this research indicated that about 60% of Shiga toxin-producing E. coli infections are the type that can cause serious complications.

Ci has not calculated ACHF’s impact. This shows as n/r and does not affect the star rating.

While Ci highlights these key results, they may not completely represent ACHF’s results and impact.

 

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Finances

Alberta Children’s Hospital Foundation’s audited financial statements follow activity-based costing, a financial reporting best practice. This means the charity provides a breakdown between programming, administrative, and fundraising costs.

ACHF received $41.8m in Canadian donations in F2024, which is 55% of total revenue. This is a 17% decrease from the $50.4m in F2023. In F2024, it earned $33.4m in investment income, which is 44% of revenue. The charity granted $39.4m in F2024. Its three largest grant recipients were the Governors of the University of Calgary ($20.8m), Alberta Health Services ($16.8m), and Alberta Cancer Foundation ($1.2m). ACHF recorded a surplus of $26.9m (35% of revenue) in F2024.

ACHF spent $6.3m on fundraising costs, which is 15% of donations. It spent $3.8m on administrative costs, which is 9% of revenue. ACHF has total overhead spending of 24%. For every dollar donated to ACHF, 76 cents are available to go to the cause. This is within Ci’s reasonable range.

ACHF has $322.5m in reserve funds (cash and investments). It has donor endowments of $79.9m. Excluding donor-endowed funds, ACHF’s reserve funds can cover 685% or six years and ten months of its annual grant costs. This is not within Ci’s reasonable range of three years or less.

In F2024, Alberta Children’s Hospital Foundation had investment returns of 11%. It is 58% invested in equities. Its investment returns have averaged 6% over the last five years.

For the next fiscal year (F2025), ACHF is committed to grant $41.4m; $21.3m for Research, $13.4m for Clinical Child Health, $4.5m for Patient and Family Centred Care, and $2.1m for Education and Training. It has also committed to grant $1.0m to fund capital projects over the next one to two years.

This report is an update that has been sent to Alberta Children's Hospital Foundation for review. Changes and edits may be forthcoming.

Updated on July 25, 2025, by Leah DeFrancesco.

Financial Review


Financial Ratios

Fiscal year ending March
202420232022
Administrative costs as % of revenues 8.8%7.0%7.5%
Fundraising costs as % of donations 15.0%11.8%9.9%
Total overhead spending 23.8%18.7%17.4%
Program cost coverage (%) 684.6%544.5%746.2%

Summary Financial Statements

All figures in $000s
202420232022
Donations 41,80250,43043,141
International donations 7611156
Goods in kind 1898823
Government funding 1700
Investment income 33,373(1,174)7,957
Other income 935(67)604
Total revenues 76,39249,38851,781
Grants 39,43843,75633,549
Administrative costs 3,8023,5133,274
Fundraising costs 6,2555,9424,277
Total spending 49,49553,21141,100
Cash flow from operations 26,897(3,823)10,681
Capital spending 2470
Funding reserves 322,544296,031299,919

Note: 1. Ci adjusted for deferred revenue, affecting total revenue by $426k in F2024, ($407k) in F2023, and $371k in F2022. 2. Ci included unrealized gain (loss) reported below the line, affecting revenue by $18.3m in F2024, ($12.8m) in F2023, and ($7.9m) in F2022. 3. Ci adjusted for grants payable to Alberta Health Services and the University of Calgary, affecting expenses by $351k in F2024, ($1.6m) in F2023, and $47k in F2022.

Salary Information

Full-time staff: 52

Avg. compensation: $111,746

Top 10 staff salary range:

$350k +
1
$300k - $350k
0
$250k - $300k
1
$200k - $250k
1
$160k - $200k
5
$120k - $160k
2
$80k - $120k
0
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2024

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Comments & Contact

Comments added by the Charity:

Although Charity Intelligence assigns higher ratings to organizations with lower reserve funds, the Alberta Children’s Hospital Foundation maintains a broader strategic perspective on the importance of reserves that has proven to be beneficial for our community’s children. Reserves are a crucial part of our ability to provide funding to our partners on an ongoing basis. For example, access to a larger reserve fund enables our Foundation to help leverage provincial and federal research grants, which are contingent on local matching funds. The funds also help to recruit and retain top scientists and clinical researchers in Calgary. And they help build and sustain large-scale entities and facilities, including the Alberta Children’s Hospital Research Institute, Rotary Flames House, and The Summit: Marian & Jim Sinneave Centre for Youth Resilience. We are currently working with Alberta Health Services and the University of Calgary on plans for another initiative to further transform care for children in our province and beyond: The Alberta Children’s Hospital Centre for Research and Innovative Care. Please visit www.childrenshospital.ab.ca to learn more about the impact of community generosity on children and families.

 

Charity Contact

Website: www.childrenshospital.ab.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 403-955-8818

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Charitable Registration Number: 80340 7956 RR0001