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
Disbursed to charities T1
4%
of spending, to other registered charities
Operating overhead T1
40%
typical range 5–35%
Reserves T1
15.9 yr
of program spending, in cash and investments
Revenue T1
$38.5M
Charity Intelligence ★★★ · T2
— means the filing doesn't include the lines needed; details and sources below.·How to read these figures
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.
Common questions
How do I donate to Health Sciences Centre Foundation Inc.?
You can search for it on CanadaHelps or give directly through its own website. Charity Compass never handles your money — we only link out to where you can give.
Is Health Sciences Centre Foundation Inc. a registered charity?
Per CRA records, it filed a F2024 T3010 return under charity number 118955012RR0001. Registration status can change, so check the CRA charities listing for its current status. Only a currently registered charity can issue an official donation receipt.
Where is Health Sciences Centre Foundation Inc. located?
Per its F2024 T3010, its address on file is PW112 - 700 WILLIAM AVENUE, WINNIPEG, MB, R3E 0Z3. Source.
What does Health Sciences Centre Foundation Inc. do?
In its own words, from its F2024 T3010 filing: "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" Full program description.
How much does Health Sciences Centre Foundation Inc. disburse to other charities?T1
Per its F2024 T3010, 4% of its spending went to other registered charities (self-reported, not independently verified). Full figures.
How big is Health Sciences Centre Foundation Inc.?T1
Its last-reported revenue was $38.5M (F2024).
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. New to these terms? Read what cents to the cause, overhead and reserves mean.
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 ↗
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 ↗ · what this means
15.9 yr
Years that cash, bank balances and investments on hand could cover program spending; liabilities and restricted funds are not netted out.
Charities its size ($10M–$100M, 1,776): median 0.4 yr; 53% hold under half a year. All operating charities: median 0.8 yr.
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗ · what this means
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 ↗
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 ↗ · what this means
Where the money comes from
Shares of last-reported revenue, per its F2024 T3010. Self-reported; not independently verified.
Receipted donationsT1
20%
T3010 4500 ÷ 4700
GovernmentT1
0%
T3010 4570 (or 4540+4550+4560) ÷ 4700
Other revenueT1
80%
T3010 remainder ÷ 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 | Overhead | Reserves |
|---|---|---|---|
| 2019-03-31 | $21.9M | 58% | 14.2 yr |
| 2020-03-31 | $14.8M | 33% | 3.6 yr |
| 2021-03-31 | $23.9M | 45% | 8.2 yr |
| 2022-03-31 | $20.7M | 48% | 9.7 yr |
| 2023-03-31 | $30.9M | 43% | 7.5 yr |
| 2024-03-31 | $38.5M | 40% | 15.9 yr |
| trend |
Swipe sideways to see every column.
Program-spending share is left out: a foundation's lens is what it disburses, which the annual releases don't break out by year. 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—
Not reported in this filing: the return leaves out the lines this figure needs, so we show nothing rather than an estimate.
Analyst-reviewed by Charity Intelligence; their methodology, shown as published. source ↗
Demonstrated impact
★ T2 · Charity Intelligence—
Not reported in this filing: the return leaves out the lines this figure needs, so we show nothing rather than an estimate.
Analyst-reviewed by Charity Intelligence; their methodology, shown as published. source ↗
Similar charities
Same CRA category, revenue within 20× of this one, and the closest program descriptions in their own filings. A shortlist to compare, not a ranking.
- LONDON HEALTH SCIENCES FOUNDATION
LONDON, ON·revenue $64.1M3 of 5 stars, Charity Intelligence T2
69%disbursed · T1
- HAMILTON HEALTH SCIENCES FOUNDATION
HAMILTON, ON·revenue $56.4M3 of 5 stars, Charity Intelligence T2
56%disbursed · T1
- THUNDER BAY REGIONAL HEALTH SCIENCES FOUNDATION
THUNDER BAY, ON·revenue $19.0M1 of 5 stars, Charity Intelligence T2
76%disbursed · T1
- SUNNYBROOK HEALTH SCIENCES CENTRE FOUNDATION
TORONTO, ON·revenue $126.1M3 of 5 stars, Charity Intelligence T2
78%disbursed · T1
- FDC FOUNDATION
MISSISSAUGA, ON·revenue $216.3M
91%disbursed · T1
Figures per each charity's F2024 T3010 · self-reported, not audited by us · ✱= that filing's expense lines don't reconcile · open a profile for sources and caveats.
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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