Audited Financials

We are proud to report that in 2022-23 the Foundation’s cost per dollar raised was 19 cents (excluding lottery and rental properties 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

 

 

sources of revenue chart 2023

distribution of funds chart 2023

 

 

 

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