Red Deer Regional Health Foundation is a 1-star charity. It has a B Results Reporting grade, which is average. For every dollar donated to the charity 41 cents are available to go to the cause, which is outside Ci's reasonable range. The charity's reserves can fund its grants for over 5 years, which is outside Ci's reasonable range. 

Founded in 1994, Red Deer Regional Health Foundation (RDRHF) raises money to buy medical equipment and improve services at hospitals in the Red Deer region. Red Deer Regional Hospital is the only referral hospital within Alberta Health Services’ (AHS) central zone. It is also one of the busiest hospitals in Alberta. RDRHF distributes its grants into three program areas: Red Deer Regional Hospital, Rural Centres, and Community Programs. In F2024, RDRHF spent $3.7m on its grants.

Red Deer Regional Hospital received 86% ($3.2m) of grants in F2024. In the ER Department, RDRHF purchased two surgical tables, one urology camera, and one transcranial doppler. In the Bright Futures subprogram, RDRHF purchased one phototherapy system, one kids ultrasound, and one CPAP machine. In the Critical Care department, RDRHF purchased two ultrasounds and reported 49,030 emergency visits in F2024.

Rural Centres received 9% ($335k) of grants in F2024. Red Deer Regional Health Foundation grants to 29 rural hospitals across AHS’ Central Zone. In F2024, RDRHF purchased four tubs for continuing care in rural communities, one dental unit, one spacelabs monitor, and one glidescope.

Community Programs received 5% ($186k) of grants in F2024. Red Deer Regional Health Foundation grants to purchase equipment for other programs in the region. In F2024, RDRHF purchased five stress test case carts for the cardiology department and one Fibroscan to help people that suffer from chronic gastrointestinal disease.

Red Deer Regional Health Foundation received $4.1m in donations and special events revenue in F2024. RDRHF spent $3.7m on its grants, which is 49% of revenue. The charity recorded a surplus of $1.1m, which is 15% of revenue.

RDRHF spent $1.8m on fundraising, which is 44% of donations, and $881k on administration, which is 14% of revenue (excluding investment income). Total overhead spending is 59%. For every dollar donated to the charity, 41 cents are available to go to the cause. This is outside Ci’s reasonable range.

RDRHF has $20.9m in reserve funds (cash and investments). Of which, $2.7m is donor endowed. Excluding donor-endowed funds, the charity’s reserves can cover 507% (five years and one month) of its annual grants. This is outside of Ci’s reasonable range.

The charity’s $16.4m in investments earned $1.4m in F2024 at an estimated return of 9%. Over the past 10 years, the charity’s investments averaged a 6% return.

RDRHF ran a lottery in F2024. The lottery raised $3.6m and the charity disbursed $1.8m. Lottery costs are 49% of lottery revenue.

This charity report has been sent to Red Deer Regional Health Foundation for review.

Updated on April 14, 2025 by Liam Chapleau