Hospital For Sick Children Foundation
71% goes to programs $29 to raise $100 Strong reserves Growing revenue
Hospital For Sick Children Foundation is a 501(c)(3) organization, registered in 1998, with $405,635,408 in FY2024 revenue. CharityIndex grades it B+, and it directs about 71% of spending to programs.
Toronto Ontario M5g 2l3, Canada, 00000 EIN 98-0183325 Since 1998
Revenue (FY2024)
$405.6M
▲ 50.0% vs prior year
Human Services median: $293K
Expenses (FY2024)
$234.2M
Net assets
$1.6B
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
BProgram efficiency40% of the rating71% to programs · $29 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Hospital For Sick Children Foundation: 71% to programs · $29 to raise $100 earns a B on this criterion. See the exact thresholds →
B+Financial health25% of the rating83 mo reserves · +42% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hospital For Sick Children Foundation: 83 mo reserves · +42% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Hospital For Sick Children Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hospital For Sick Children Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
Our mission is to inspire our communities to invest in health and scientific advances to improve the lives of children and their families in canada and around the world. sickkids foundation provides a critical source of funding to the hospital for sick children.
What they do
Through our national initiatives, sickkids foundation provides funding for child health researchers across canada to strengthen canada's knowledge and capacity to respond to children's health challenges and needs.
Other grants in support of pediatric research and care.
Contact & location
- Address
- Toronto Ontario M5g 2l3, Canada, 00000
- City
- —
- State
- —
- Category
- Human Services
- Subcategory
- Children & Youth Services
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $255.5M (FY2020) to $405.6M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $49.0MNet assets $1.6B
Operating margin
42.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.7B
Total liabilities
$49.0M
Net assets
$1.6B
Salaries & benefits
$34.5M
15% of expenses
Board members
36
36 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $405,635,408▲50.0% | $234,183,442▼0.9% | $1,610,523,495▲7.6% | $1,659,486,206▲8.5% | 990 |
| 2023 | $270,353,945▲9.3% | $236,328,655▼4.6% | $1,497,299,147▲8.4% | $1,529,593,804▲8.7% | 990 |
| 2022 | $247,321,992▼8.9% | $247,618,780▲23.5% | $1,380,762,454▼0.7% | $1,407,607,862▼0.4% | 990 |
| 2021 | $271,360,006▲6.2% | $200,523,082▲47.3% | $1,390,369,556▲4.0% | $1,413,653,877▲4.4% | 990 |
| 2020 | $255,488,296 | $136,109,188 | $1,337,481,564 | $1,354,407,977 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Jennifer Bernard — $779,034 (0.33% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jennifer Bernard | President & Chief Executive Officer | 60 | $779,034 |
| Emily Pang | Chief Operating Officer, Secretary | 50 | $554,070 |
| Colin Hennigar | Chief Development Officer | 50 | $515,754 |
| Heather Clark | Chief Marketing Officer | 50 | $515,516 |
| Neeraj Mathur | Chief Information Officer | 50 | $468,245 |
| Katherine Torrance | Vice President | 50 | $397,104 |
| Mark Goldbloom | Vice President & Risk Officer | 50 | $324,080 |
| Julie Garcia Sjogrim | Vice President | 50 | $300,022 |
| Nora Paradis | Foundation Director | 40 | $287,989 |
| Rishie Singh | Foundation Director | 40 | $274,334 |
| Noelle De La Mothe | Foundation Director | 40 | $267,884 |
| Jennifer Duncan | Foundation Director | 40 | $262,530 |
| Alisa Mackay | Foundation Director | 40 | $260,633 |
| Kieran Shanahan | Vice President | 50 | $241,823 |
| Nancy Horvath | Vice President | 50 | $210,870 |
| Angela Murphy | Vice President | 50 | $177,143 |
| Edward Garrard | Chief Executive Officer | 0 | $158,903 |
| Albert Wang | Director | 0 | — |
| Barry Mclellan | Director | 0 | — |
| Christian Lassonde | Director, Vice Chair | 0 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Global Faces Direct | Door To Door Fundraising | $4,769,839 |
| Cairns Oneil Strategic Media Inc | Marketing, Seasonal, Lottery | $3,264,692 |
| Raffle Management Group | Marketing, Lottery | $3,005,492 |
| Omd Canada | Marketing | $2,964,675 |
| Public Outreach Consultancy Inc | Marketing | $2,341,696 |
Frequently asked questions
- Is Hospital For Sick Children Foundation a legitimate nonprofit?
- Yes. Hospital For Sick Children Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 98-0183325.
- What is Hospital For Sick Children Foundation's EIN?
- Hospital For Sick Children Foundation's Employer Identification Number (EIN) is 98-0183325.
- How much revenue does Hospital For Sick Children Foundation report?
- Hospital For Sick Children Foundation reported $405,635,408 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Hospital For Sick Children Foundation's spending goes to programs?
- Hospital For Sick Children Foundation spends about 71% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Hospital For Sick Children Foundation have?
- CharityIndex grades Hospital For Sick Children Foundation B+, based on program efficiency and fundraising cost.
- How much does Hospital For Sick Children Foundation's highest-paid employee make?
- The highest reported compensation on Hospital For Sick Children Foundation's latest Form 990 is $779,034, paid to Jennifer Bernard (President & Chief Executive Officer).
Explore more
Data for Hospital For Sick Children Foundation (EIN 98-0183325) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.