BC Children's Hospital Foundation

938 West 28th Avenue
Vancouver, BC V5Z 4H4
President & CEO: Malcolm Berry
Board Chair: Julia Kim

Charitable Reg. #:11885 2433 RR0001

STAR RATING

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

[Charity Rating: 2/5]

✔+

FINANCIAL TRANSPARENCY

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

C

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.

66%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 66 cents are available for programs.



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OVERVIEW

About BC Children's Hospital Foundation:

BC Children’s Hospital Foundation is a 2-star, financially transparent charity. Its results reporting score is C, which is below average. Its overhead spending is within Ci’s reasonable range. Its reserve funds can cover eight years and four months of annual program costs.

Founded in 1982, BC Children’s Hospital Foundation (BCCHF) raises funds for BC Children's Hospital (the Hospital), BC Children’s Hospital Research Institute, and Sunny Hill Health Centre for Children. It aims to improve children’s health by funding new equipment purchases, research on pediatric diseases, and patient care programs. BC Children’s Hospital is the province’s only hospital that works exclusively with children. 

In F2025, BCCHF distributed $76.4m in grants. These went towards four main areas: Research, Programs, Equipment, and Care Enhancement & Education. The most recent annual report available at the time of this update was from F2024.

Research was 85% of grants in F2024. Of this, 33% ($21.1m) went towards appointing five new research chairs. BCCHF reports that as a result of the Hospital's research, it was the first Canadian hospital to implant a new pacemaker into a newborn, the first in Canada to model a child's cancer tumour using chicken eggs, and first in the world to create organoids with microglia-like cells.

Equipment was 5% of grants in F2024. BCCHF reports the Hospital performing nine orthopedic surgeries, three general surgeries, six cardiac surgeries, and five maxillofacial surgeries.

Care Enhancement & Education was 5% of grants in F2024. The Hospital’s outpatient therapy allowed caregivers to administer antibiotics to kids from their homes. In F2024, BCCHF reported benefitting 55 patients.   

Programs were 5% of grants in F2024. The charity did not provide any information about the results of these grants.  

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Results and Impact

The BC Children’s Hospital Research Institute reports a list of research publications each year. In F2024, it reported 17 publications in medical research.

While Ci highlights these key results, they may not completely represent BC Children's Hospital Foundation's results and impact.

Charity Intelligence has not yet rated BCCHF on impact (n/r). This does not affect the star rating.

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Finances

In F2025, BC Children’s Hospital Foundation received $80.6m in donations. Administrative costs are 15% of revenues (excluding investment income). Fundraising costs are 19% of donations. This results in total overhead spending of 34%. For every dollar donated, 66 cents are available to go to the cause. This falls within Ci’s reasonable range for overhead spending.

In F2025 BCCHF spent $76.4m on its grants, which is 53% of its revenue. In F2025 it had a surplus of $37.2m, which is 26% of its revenue.

BCCHF has $640.8m in reserve funds (cash and investments). The reserves can cover 839%, or eight years and four months of program costs. In F2025, the annual return on investment for BCCHF was 8%. Its five-year annual return on investment is 9%. The charity has accounts payable of $286.9m due to the BC Children's Hospital. This amount has been increasing since 2018.

The most recent T3010 filing available at the time of this update was from F2024. In F2024, BCCHF paid external fundraisers $1.4m who collected $4.3m in donations. This means it cost BCCHF 33 cents to raise $1 using external fundraisers. It is likely more cost efficient to directly donate to the charity.

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

Updated on August 13, 2025 by Grady Simpson.  

 

Financial Review


Financial Ratios

Fiscal year ending March
202520242023
Administrative costs as % of revenues 14.8%12.2%13.0%
Fundraising costs as % of donations 19.2%18.4%18.0%
Total overhead spending 34.0%30.6%30.9%
Program cost coverage (%) 839.3%940.0%1,163.1%

Summary Financial Statements

All figures in $000s
202520242023
Donations 80,61476,49966,452
Lotteries (net) 14,34913,79914,111
Investment income 48,44246,27520,705
Other income (477)10,4004,452
Total revenues 142,928146,973105,720
Grants 76,35663,92846,540
Administrative costs 13,94912,25311,030
Fundraising costs 15,46814,08011,930
Total spending 105,77390,26169,500
Cash flow from operations 37,15556,71236,220
Capital spending 228226171
Funding reserves 640,829600,937541,322

Note: Deferred adjustment: BCCHF uses deferred accounting. To show donors information on a consistent basis, Ci adjusted for these deferred revenues. This affected revenue by ($153k) in F2025, $94k in F2024, and ($890k) in F2023. Fundraising expenses: Ci reported fundraising expenses under fundraising cost. This affected revenues and expenses by $15.6m in F2025, $14.2m in F2024, and $12.0m in F2023. Cash surrender value adjustment: Ci did not include cash surrender value adjustment. This affected revenue by ($66k) in F2025, ($25k) in F2024, and ($44k) in F2023. Change in grants payable: Ci adjusted for change in grants payable. This affected expenses by ($1.9m) in F2025, ($2.2m) in F2024, and ($43.1m) in F2023. Amortization: Ci removed amortization on a pro rata basis from program, administrative, and fundraising costs in F2025, F2024, and F2023.

Salary Information

Full-time staff: 131

Avg. compensation: $117,524

Top 10 staff salary range:

$350k +
1
$300k - $350k
1
$250k - $300k
3
$200k - $250k
0
$160k - $200k
5
$120k - $160k
0
$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:

BCCHF Response – added August 28, 2025

To view the latest progress report for BC Children’s Hospital Foundation for FY24/25 that was not included in this year’s evaluation by Charity Intelligence (due to timing), please visit www.bcchf.ca/progressreport 

Financial Comments:

  • Total cash and investments were $640M at the end of FY24/25. Of this balance, approximately 34% or $219M is invested in restricted endowments which provide long-term, predictable funding for BC Children’s Hospital (BCCH) programs and initiatives.
  • Additionally, 45% or $287M is fully committed to BCCH and held in trust within the Foundation’s investment portfolio (where the investment returns help to maintain purchasing power). These funds can be pulled as required by BCCH.
  • The remaining $134M is held within cash and internally restricted funding used to support additional BCCH activities as they arise and internal operations.

Granting Impacts:

The Foundation provided $93.3M in granting (including new endowments) which helped 125,000+ kids and their families receive exceptional care. The following are some of the highlights BCCH achieved through annual funds granted by the Foundation:

Charity Intelligence adds that these grants total $30.0 million

  • $7.2M - Brought novel clinical trials to our campus through a first-of-its-kind initiative in Canada, the Clinical Trials Super Hub
  • $6M - Fuelled the Investigator Grant Award Program, giving more doctors protected time to pursue discoveries
  • $5M - Created an endowment supporting vulnerable kids and families beyond medical care— including transportation, meals, emergency accommodations and more
  • $2.6M - Acquired over 350 pieces of equipment designed specifically for children's bodies and needs
  • $1.5M - Funded fellowships that bring tomorrow's medical superstars to our hospital to deliver exceptional care while receiving highly specialized training
  • $1.4M - Powered innovative projects within the Digital Lab, where technology intersects with health care
  • $1.26M - Fuelled global health initiatives that share expertise, build capacity, and strengthen care worldwide
  • $1.1M - Advanced an ambitious precision immunology initiative that tailors treatments to each child's immune system
  • $1M - Helped kids cope with hospital experiences through Child and Youth Therapeutic Services
  • $993k - Supported a virtual food allergy immunotherapy pilot program that's helping hundreds of children overcome food allergies closer to home
  • $611k - Completed $5.25M in funding for the Centre for Mindfulness, which promotes self-care, resilience and kindness throughout the hospital and beyond
  • $500k - Enabled advanced genetic testing that prevents dangerous drug reactions
  • $350k - Supported future development of a bereavement program, in partnership with Canuck Place Children’s Hospice to integrate services for families after the unimaginable loss of a child
  • $300k - Enabled programming focused on improving kids’ mental health and well-being in schools across the province
  • $220k - Supported key Indigenous Health positions that are helping to improve culturally safe care and experiences for Indigenous patients and families

Charity Contact

Website: www.bcchf.ca
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 778-655-9858

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Charitable Registration Number: 80340 7956 RR0001