SickKids Foundation is committed to the highest standards of accountability and transparency. We were among the first nationally accredited charities under Imagine Canada’s Standards Program. Click below to download SickKids Foundation’s audited financials.
Source of Revenue
Gross fundraising program, net lottery and net parking revenue
Total grants and charitable activity (see below)
Fundraising and administrative expenses
Investments in Child Health
Grants and charitable activity (in millions)
Investment Management and Philosophy
Endowment funds at SickKids Foundation provide an important base of funding for child health initiatives. These funds largely consist of externally restricted contributions and internal resources, transferred by the Board of Directors, where the capital is required to be maintained intact over the long term. Each year, the Board approves the rate of payout, or distribution from the funds. The SickKids Foundation Board of Directors, through its Investment Committee, manages the Foundation’s endowed funds using a long-term, value-oriented investment philosophy.
The Committee believes that this philosophy best enables its objectives of preserving capital, enabling approved distribution (or payout), and realizing an average annual real total return after inflation of at least five per cent over a 10-year period. The Investment Committee regularly monitors the performance of the investment managers, selecting, appointing and releasing managers as required. The endowment fund continues to be among the top one per cent of performers when assessing returns since inception.
ENDOWMENT OUTPACES INFLATION