Efficiency and Effectiveness are our Watchwords
Our small staff works hard to make the best use of your contributions, because they are gifts (in the truest sense of the word) in support of better community healthcare.
To the right are highlights from our most recent financial statements, which we invite you to compare with other charities. You can do this by going to the Canada Revenue Agency’s charities listings.
Highlights from the
2020-21 financial statements:
REVENUE
Donations – $4,336,966
Events – $89,488
Investment, rental income and other – $1,914,842
Total Revenue – $6,341,296
EXPENSES
Total Grants to SPH – $3,029,259
Total Grants to community healthcare – $320,553
Total Overhead Expenses – $730,570
Expenses as a % of revenue – 11.5%
Total Funds invested at year-end – $17,796,237
Donor Support made all the difference this year
Following on from our Emergency Response Fund and appeal, we launched our ‘Get Ready’ campaign. We needed to raise funds to complete important renovations at SPH, as well as equipment upgrades, to allow for catch up in the surgical backlog. We wanted to ensure our third OR was open and ready for use at the same time as making changes to the space to allow for safe patient flow.
ACHIEVEMENTS
- New equipment to support the three Operating Rooms;
- Additional sterilizing equipment to support the increase in instrument cleaning;
- Renovations to create overflow space for admitted patients to ensure social distancing and safety during flu season and potential second wave of pandemic;
- Replacement of key Operating Room equipment to support catch-up of orthopaedic, gynaecological, and dental surgeries;
- New equipment to support surgeries new to SPH, such as medically necessary plastic surgeries;
- Fund the construction of a temporary outdoor visiting space in Palliative Care; one that supports family conferences, large family visiting and First Nations ceremony at the end of life;
- Sending our hospital staff back to school: The Foundation provided over $58,000 in bursaries for hospital staff to attend vitally important professional conferences, take university courses and train with experts in emerging areas of the healthcare professions. In addition, thanks to an endowment fund contributed to honour the memory of Florence Yong, we were able to provide another $40,000 to staff members who want to upgrade to a new healthcare profession and change their lives. These people are not just pursuing their dreams, but, because of their commitment to SPH, will also help fill staffing gaps at our hospital.
This summary is not meant to replace our audited financial statements, which are available by download below or by calling 250-652-7531.
