SickKids Annual Report 2018-2019


A Vision for the Future

Newly appointed SickKids President and Chief Executive Officer, Dr. Ronald Cohn, provides his vision for the future of children’s health care. This is not just a once-in-a-lifetime transformation of our campus, but a true paradigm shift in the way we deliver care at SickKids and in the broader health-care system.

Read our full leaders' letter from our CEOs and Board Chairs.

A Year of Progress

SickKids Foundation Chief Executive Officer, Ted Garrard, looks back at our most ambitious year to date. Reaching new fundraising milestones and seeing the first steps in the construction of the new hospital, Ted speaks to the vision, momentum and the rise of a new SickKids.

Read our full leaders' letter from our CEOs and Board Chairs.

We asked. You answered.

Our community rallied for a new SickKids. Learn how different crews united by shared interests came together through a bold, new campaign to make this past year of fundraising our most successful to date.

By The Numbers

Staff, Students, Trainees and Volunteers: 13,256

Clinical Care

The following is a series of graphs in image format, the data in table format is contained in the next section. Skip to Financial Data Tables


Hospital Financials

Hospital financial highlights for the year ended March 31, 2019

SickKids is committed to operational efficiency, transparency and accountability. We support evidence-based decisions to enhance our financial health, conduct business under the principle of fiscal prudence and act with integrity and good judgment when allocating resources.

The Hospital continues to maintain its financial health. In 2018/19, the Hospital had an operating surplus of $2.2 million. At March 31, 2019, the Hospital had total assets of $1.9 billion. Excess of revenues over expenses contribute positively to the Hospital’s net assets, which are then reserved for specific purposes or reinvested into operations and capital investments aligned with the Hospital’s strategic priorities.

revenue Investment Income
revenue Patient Care
expense Patient Care
research Institute Funding
Total Research Expenditure
Internal Research Expenditure
Hospital investments
Investment Income

Foundation Financials

Financial highlights for the year ended March 31, 2019

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.

Gross fundraising program, net lottery and net parking revenue $161.9 million
Total grants and charitable activity $123.4 million
Fundraising and administrative expenses $50.8 million
sources of revenue
investments in shild health
Total Assets
Fundraising Revenue
Investment Mix
endowment Outpaces Inflation

Investment Asset Growth Summary Since 1995 (IN MILLIONS)

Opening Market Value, March 31, 1995 148
Net Contribution (Withdrawal) (102)
Investment returns, Realized gains, and Unrealized appreciation 1,135
Ending Market Value, March 31, 2019 1,181

Our Donors

We would like to recognize the following individuals whose cumulative contributions have reached or exceeded $25,000, and those corporations, foundations, associations and community events that have generously contributed $50,000 or more, between April 1, 1993 and March 31, 2019. We are profoundly grateful for your support. We also wish to thank those donors who have chosen to remain anonymous.