Sick Kids Foundation

International Aid

SickKids Foundation:!

Founded in 1972, SickKids Foundation raises money for SickKids Hospital in Toronto. Its formal name is The Hospital for Sick Kids Foundation. SickKids Hospital reports that it is Canada’s most research-intensive hospital and Canada’s largest center focused on children’s health.

In Feb 2020, the hospital received 315,546 ambulatory and 77,212 emergency visits, admitted 16,249 patients, and performed 11,871 surgeries.

SickKids Foundation reported grants of $144.9 million in F2020. $134.8 million (93%) went to SickKids Hospital. $1.1 million in grants to SickKids Hospital was added to defer grants to be paid in future years.  Of total grants, 64% was allocated to research, 24% to patient care, and 4% to education, and 8% to other programs across Canada and internationally.

SickKids Foundation is a Major 100 – one of Canada’s largest charities in terms of donations. It collected $190.9m in donations and special events fundraising in F2020. Total revenue of $35.6m is down 79% from $169.4m in F2019, largely due to net investment income of ($160.6m). Unrealized losses are not disclosed in the audited financial statements but the evolving economic impact of COVID-19 has been noted, particularly its effect on the fair value of the Foundation’s investments.

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