HEALTH SCIENCES CENTRE FOUNDATION INC.
Public foundationFoundations·PW112 - 700 WILLIAM AVENUE · WINNIPEG, MB · R3E 0Z3·BN 118955012RR0001·website ↗
Last reported: F2024 filing · period ending 2024-03-31
This is a foundation: it mostly grants money to other charities, so program-spending ratios are the wrong lens. We show the share of spending disbursed to qualified donees instead.
What it does — in its own words
Ongoing programs
THE HEALTH SCIENCES CENTRE FOUNDATION INC. RAISES FUNDS THROUGH A COMBINATION OF DONATIONS SPECIFIC FUNDRAISING EVENTS AND INVESTED FUNDS. THESE FUNDS ARE DISTRIBUTED TO GRANT RECIPIENTS AND TO SPECIFIC CAPITAL AND/OR ENDOWMENT PROJECTS
New programs
THERE ARE NO NEW PROGRAMS FOR THE CURRENT YEAR.
Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗
Tier 1 — what we computed (open data)
From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure.
Disbursed to qualified donees
T1 · computed (open data)4%
Per its F2024 T3010, this share of total spending went to other registered charities.
T3010 line 5050 ÷ 5100 · Self-reported on the T3010; not independently verified. source ↗
Operating overhead
T1 · computed (open data)40%
Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.
T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗
Reserves
T1 · computed (open data)15.9 yr
Years current reserves could cover program spending.
Sector quartiles: 0.4 yr / 0.8 yr / 7.5 yr (p25 / median / p90).
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗
Total revenue
T1 · computed (open data)$38.5M
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)20%
Share of revenue from receipted donations.
T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
Government-funded
T1 · computed (open data)0%
Share of revenue from federal, provincial, and municipal sources.
T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
Over the years
Every figure as filed at each fiscal period end, 2019–2024.
| Period end | Revenue | Cents to cause | Overhead | Reserves |
|---|---|---|---|---|
| 2019-03-31 | $21.9M | 38¢ | 58% | 14.2 yr |
| 2020-03-31 | $14.8M | 65¢ | 33% | 3.6 yr |
| 2021-03-31 | $23.9M | 50¢ | 45% | 8.2 yr |
| 2022-03-31 | $20.7M | 50¢ | 48% | 9.7 yr |
| 2023-03-31 | $30.9M | 55¢ | 43% | 7.5 yr |
| 2024-03-31 | $38.5M | 57¢ | 40% | 15.9 yr |
| trend |
From its T3010 filings (CRA annual releases) · self-reported, not audited by us · when a period is restated in a later release, the newest figures are shown · ✱ = cents-to-cause outside the valid 0–100% range (filing error; not used in rankings). source ↗
★ Tier 2 — Charity Intelligence (analyst-reviewed)
Published ratings by Charity Intelligence Canada's analysts — a separate, human review. Shown as published, never blended into our computed figures.
Overall rating
★ T2 · Charity Intelligence★★★
Charity Intelligence's 0–5 star overall rating.
Analyst-reviewed by Charity Intelligence; their methodology, shown as published. source ↗
Results reporting
★ T2 · Charity Intelligence—
How well the charity reports its own results (A+ to F).
Analyst-reviewed by Charity Intelligence; their methodology, shown as published. source ↗
Demonstrated impact
★ T2 · Charity Intelligence—
Charity Intelligence's assessment of impact per dollar.
Analyst-reviewed by Charity Intelligence; their methodology, shown as published. source ↗
Board of directors
19 directors reported
- LYON, JONATHANEX-OFFICIO
- BEAUDIN, PAULEX-OFFICIO
- BOUCHARD, RAYDIRECTOR
- BUCHWALD, RICHARD K.CDIRECTOR
- ENG, JIMDIRECTOR
- GARDNER, WILLIAM S KVICE CHAIR
- GEHLEN PRESTON, PATRICIA ANNDIRECTOR
- GRAY, PERRYDIRECTOR
- HALL HURSH, KATIEDIRECTOR
- JONES, TINA C.MCHAIR
Show all 19 directors
- LERNER, BRIANDIRECTOR
- LINTON, MIKEDIRECTOR
- MACAULAY, JOHN CHRISTOPHERDIRECTOR
- PROVEN, MARGARET RITADIRECTOR
- STIBBARD, ANDREWTREASURER
- THOMPSON, SUSAN ANN O.MDIRECTOR
- WATSON, CHRISTOPHERDIRECTOR
- WILD, JACKIEDIRECTOR
- YOUNG, SHAWNEX-OFFICIO
From its F2024T3010 filing (public CRA record), as filed. “Arm's length” means not related to other officials by family or business ties. source ↗
Right of reply
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