We are proud to report that in 2022-23 the Foundation’s cost per dollar raised was 19 cents (excluding lottery revenue and related expenses), which is lower than the industry average of 24 cents*.
Thanks to our donors, our 2022-23 consolidated revenue, including lotteries and investments, totalled $115.9 million. Together, with our donors and supporters, we have made a direct and significant impact on health care in our province.
The following financial highlights are based on VGH & UBC Hospital Foundation’s audited financial statements for our fiscal year ending March 31, 2023.
*2022 Report on Giving, Association for Healthcare Philanthropy
Canada Revenue Agency T3010