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Hospital for Sick Children Foundation

Also known as SickKids Foundation

Canada, · EIN 98-0183325 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending March 31, 2025 (tax year 2024) · View the filing · Correct or respond

Hospital for Sick Children Foundation reported $405.6 million in revenue and $234.2 million in expenses for the fiscal year ending March 31, 2025. Of every $100 it spent, $70.76 went to program services, $5.32 to management and general costs and $23.92 to fundraising. Its largest source of revenue was investment income: 49.8% of the total. The highest compensation it reported for one person was $819,108 (President & Chief Executive Officer). 140 people received more than $100,000 in reportable compensation. Revenue rose 59% between FY2021 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending March 31, 2025 · Form 990, Part IX, line 25 · total expenses $234M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending March 31, 2025 · Form 990, Part VIII · total revenue $406M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 3,614 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
70.8%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
5.3%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
23.9%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.29$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
48.1%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%2.4%
Program service revenue share
Part VIII 2g ÷ 12
0.0%70.8%
Highest reported compensation
Part VII-A, columns D–F
$819,108$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.35%1.18%
People paid over $100,000
Part VII, line 2
1406
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
82.56.9
Independent voting board members
Part VI 1a–1b
36 of 36100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$161M expenses · 97.2% of program spending · grants $159M

SickKids Foundation provides a critical source of funding to The Hospital for Sick Children. Through our annual grant to the Hospital, we support: SickKids Research Institute, covering case funding and supporting physicians and researchers who compete for research grants. Priorities identified by the Hospital, including clinical projects as well as the purchase of medical equipment. International projects identified by the Hospital, including the funding of international fellows to train at The Hospital for Sick Children. Training and education for the Hospital fellows, professorships…

$1.9M expenses · 1.2% of program spending · grants $1.6M

Through our national initiatives, SickKids Foundation provides funding for child health researchers across Canada to strengthen Canada's knowledge and capacity to respond to children's health challenges and needs

$2.8M expenses · 1.7% of program spending · grants $2.8M

Other grants in support of pediatric research and care

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
President & Chief Executive Officer
Officer, 60 hrs/week
$779,034$0$40,074$819,108
Chief Operating Officer, Secretary
Officer, 50 hrs/week
$554,070$0$7,252$561,322
Chief Marketing Officer
Officer, 50 hrs/week
$515,516$0$3,441$518,957
Chief Development Officer
Officer, 50 hrs/week
$515,754$0$0$515,754
Chief Information Officer
Officer, 50 hrs/week
$468,245$0$0$468,245
Vice President
Officer, 50 hrs/week
$397,104$0$0$397,104
Vice President & Risk Officer
Officer, 50 hrs/week
$324,080$0$0$324,080
Vice President
Officer, 50 hrs/week
$300,022$0$0$300,022

140 people received more than $100,000 in reportable compensation from Hospital for Sick Children Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $4.5M (Part IX, line 5).

5 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$200M$400M$600M$800MFY2021FY2022FY2023FY2024FY2025$406M$234M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$406M$234M70.8%$1.61B$819,108
FY2024 ⓘ$270M$236M73.6%$1.50B$860,727
FY2023 ⓘ$247M$248M75.5%$1.38B$1,106,880
FY2022 ⓘ$271M$201M70.2%$1.39B$932,534
FY2021 ⓘ$255M$136M61.7%$1.34B$1,047,224

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b36 · 36 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 50
  • Volunteers Part I, line 6125

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
Global Faces Direct
Door to Door Fundraising
$4,769,839
Cairns Oneil Strategic Media Inc
Marketing, Seasonal, Lottery
$3,264,692
Raffle Management Group
Marketing, Lottery
$3,005,492
OMD Canada
Marketing
$2,964,675
Public Outreach Consultancy Inc
Marketing
$2,341,696

Individuals listed as contractors are left out. 45 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Hospital for Sick Children Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Hospital for Sick Children Foundation, you can publish a response that is linked from this page.

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Questions people ask

How much of Hospital for Sick Children Foundation's spending goes to programs?

In the fiscal year ending March 31, 2025, Hospital for Sick Children Foundation reported that 70.8% of its $234.2 million in expenses went to program services, 5.3% to management and general and 23.9% to fundraising (Form 990, Part IX).

How much does Hospital for Sick Children Foundation pay its top executive?

The largest total compensation Hospital for Sick Children Foundation reported for one person in the fiscal year ending March 31, 2025 was $819,108, for the role of President & Chief Executive Officer (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Hospital for Sick Children Foundation get its money?

Of $405.6 million in revenue in the fiscal year ending March 31, 2025, 48.1% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Hospital for Sick Children Foundation a registered charity?

The IRS lists EIN 98-0183325 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))). Form 990 filings on record here cover tax years 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending March 31, 2025, object 202640489349302204 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending March 31, 2024, object 202500989349300140 · read the filing
  • FY2023: Form 990 for the fiscal year ending March 31, 2023, object 202430469349303308 · read the filing
  • FY2022: Form 990 for the fiscal year ending March 31, 2022, object 202320469349301877 · read the filing
  • FY2021: Form 990 for the fiscal year ending March 31, 2021, object 202212909349302061 · read the filing

All filings for EIN 98-0183325: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.