YOU ARE THE GAME- CHANGERS A YEAR OF IMPACT AT ST. BONIFACE HOSPITAL 2019 ANNUAL REPORT stbhf.ca MISSION The mission of St. Boniface Hospital Foundation is to raise TABLE OF funds to support excellence in health care and research at St. Boniface Hospital in a manner that is guided by the legacy and values of the Grey Nuns. CONTENTS Message from the President and Chair ................................................... 2 VISION Foundation Governance and Staff ........................................................... 3 St. Boniface Hospital Foundation will be at the Game-changing Impact in 2019 ............................................................... 4 forefront of fundraising to promote excellence in health Statement of Financial Position ................................................................ 5 care and research to create a healthier society. Statement of Operations .......................................................................... 6 Racing Against Time .................................................................................. 7 PRIORITIES 2019 Donors ............................................................................................... 8 • Helping donors make thoughtful, A Legacy of Love ........................................................................................ 13 personally meaningful philanthropic choices with Legacy of Hope Society ............................................................................ 14 impact Hope for the Future Through Research Today ....................................... 15 • Engaging the corporate community to give A Life Renewed .......................................................................................... 17 philanthropically, sponsor, and volunteer Cumulative Giving ...................................................................................... 18 • Sharing the inspiring stories of Safeway Employees Give Babies a Healthier Start ................................. 23 research and patient care at St. Boniface Hospital Signature Events ........................................................................................ 24 • Earning trust through Funding the Future .................................................................................... 25 professional conduct and operational transparency Your Endowments ...................................................................................... 26 ST. BONIFACE HOSPITAL FOUNDATION C1026 – 409 Taché Avenue Winnipeg, MB R2H 2A6 Tel: 204-237-2067 Email: [email protected] On the cover stbhf.ca Dr. Jeffrey Klassen, FRCPC-EM, Emergency Room Physician, St. Boniface Hospital, is grateful to our donors for stepping forward to fund new equipment that will save lives. Story on page 7. @STBHF YOU ARE THE GAME-CHANGERS Life is full of uncertainty. You’ve made sure that St. Boniface Hospital continues to provide the best patient care possible, while Accidents, illnesses, or emergencies can send even the continuing to seek breakthroughs in medical research. strongest of us to seek help and support. Sometimes we, or the people we love, will face medical challenges that Our Annual Report is where we reflect on the seem insurmountable. achievements you have made over the past 12 months and identify the challenges that lie ahead. This Report Sometimes those challenges can leave us feeling is also an important opportunity to acknowledge powerless, but our St. Boniface Hospital Foundation the immense contribution made by our staff and donors have changed all that. You continue to give us volunteers. Their dedication to our vision and values is strength and hope. demonstrated on a daily basis, during what continues It’s only when we come together selflessly as a to be a period of significant change. community that we empower each other to feel better The Foundation and the Hospital are deeply and to heal. You’ve made it possible for St. Boniface appreciative to you, our donors and trusted supporters, to continue serving Manitobans who face critical for your partnership and your help last year. With your and complex conditions, with a renowned spirit of ongoing support, we can continue to meet the needs of compassionate care and courageous innovation. St. Boniface Hospital, our patients and our community. As we step back and review your activities in 2019, You are the game-changers. we at the Foundation are humbled by the thousands of people who participated in our special events, We thank you for your support in 2019. championed our causes and contributed financially. Vince Barletta Neil Duboff President & CEO Chair, Board of Directors “You’ve made sure that St. Boniface Hospital continues to provide the best patient care possible, while continuing to seek Vince Barletta Neil Duboff breakthroughs in medical President & CEO Chair, Board of Directors research.” GOVERNANCE + STAFF Every day, our board of directors and staff carry out the mission of the Foundation, dedicating themselves to building a healthier future for all Manitobans. BOARD EXECUTIVE BOARD MEMBERS Neil Duboff John Graham Tanya Benoit Gisèle Barnabé Martine Tom De Nardi Jonathan Heather Walter Bouchard Chair Past Chair Vice-Chair St. Boniface Hospital Letkemann Reichert Saranchuk President & CEO Carmine Militano Dom Grestoni Caroline Kiva Dr. Pawan K. Doug Stephen Louis Trepel Larry Vickar Randy Viray Vice-Chair Chair, Finance Secretary-Treasurer Singal Committee EXECUTIVE STAFF Vince Barletta Don Barnabé, Karen Fowler, CFRE Todd MacNeil Jessica Miller, CPA, CMA BA COMM., DIPL. CRECOMM President & CEO Acting Director, Director, Technology Vice-President, Director, Development & Lottery Operations Communications Finance & Administration STAFF Lorissa Campbell Shona Ashley Amber Gibbons Garth Johnson Renée Koga IT Support & Connelly, MA Davidson, CFRE Accountant Donor Relations Receptionist Tech. Services Donor Relations Manager of Coordinator Annual Giving Randy Matthes Patti McNeill Nancy Nigel Moore Lisa Thomson Cheryl Tyslau Militano, BA, BRS Communications Executive Communications Stifora Gift Processing & Officer Administrator Donor Relations Officer Stewardship Specialist Data Administrator Natalie Wesa Jocelyne Kate Marim Daien Zipursky Lottery Customer Wladyka Yacula, BA COMM Service/Payroll Relief Receptionist Digital and Event Prospect Research Administrator Specialist Specialist 3 ST. BONIFACE HOSPITAL FOUNDATION GAME-CHANGING IMPACT IN 2019, THANKS TO YOU! 3,500 400 HUNDREDS OF HOSPITAL STAFF HOSPITAL VOLUNTEERS THOUSANDS OF PATIENTS AND VISITORS #1 IN CANADA 61,000 5,600 BYPASS AND VALVE CARDIAC PATIENTS BABIES BORN REPLACEMENT AND SURVIVAL RATES MORE THAN 600+ 1,100 NICU FAMILIES CARDIAC SURGERIES #1 300+ 450+ RESEARCH-INTENSIVE HOSPITAL CLINICAL STUDIES BSc, MSc, & PhD IN WESTERN CANADA STUDENTS TRAINING AT EIGHT YEARS RUNNING SBH RESEARCH CENTRE 2019 ANNUAL REPORT 4 STATEMENT SUMMARY STATEMENT OF FINANCIAL POSITION December 31, 2019, with comparative information for 2018 2019 2018 ASSETS Cash $ 8,797,662 $ 8,889,483 Accounts receivable 94,360 106,094 Prepaid expenses 82,401 123,807 Investments 67,902,049 59,910,180 Cash surrender value of life insurance 490,047 485,202 Capital assets 296,021 425,119 $ 77,662,540 $ 69,939,885 LIABILITIES AND FUND BALANCES Accounts payable and accrued liabilities $ 440,478 $ 480,285 Grants payable 6,008,155 6,747,095 6,448,633 7,227,380 Fund balances: Unrestricted 2,204,678 (86,320) Endowment 45,998,675 41,579,954 Operating reserve 5,460,008 5,000,000 Innovation 6,962,853 6,888,705 Restricted designated 10,587,693 9,330,166 71,213,907 62,712,505 $ 77,662,540 $ 69,939,885 These condensed financial statements do not contain all of the disclosures required by Canadian accounting standards for not-for-profit organizations. Readers are cautioned that these statements may not be appropriate for their purposes. The complete set of financial statements can be downloaded at www.stbhf.ca. Approved on behalf of the Board of Directors: Neil Duboff, Chair, St. Boniface Hospital Foundation Caroline Kiva, Secretary-Treasurer, St. Boniface Hospital Foundation 5 ST. BONIFACE HOSPITAL FOUNDATION STATEMENT OF OPERATIONS AND CHANGES IN FUND BALANCES December 31, 2019, with comparative information for 2018 Operating Restricted Unrestricted Endowment Reserve Innovation Designated 2019 2018 Fund Fund Fund Fund Fund Total Total REVENUE Contributions: Major gifts $ 20,121 $ 252,505 $ – $ – $ 2,511,443 $ 2,784,069 $ 3,493,070 Development 1,454,958 247,452 – – 680,461 2,382,871 2,236,044 Investments 498,935 10,507,201 1,270,780 2,168,470 1,864,136 16,309,522 2,481,622 Unrealized changes in fair value of investments 376,610 (6,639,070) (810,772) (1,032,214) – (8,105,446) (3,431,596) 2,350,624 4,368,088 460,008 1,136,256 5,056,040 13,371,016 4,779,140 LOTTERIES Lottery revenue 12,580,550 – – – – 12,580,550 12,410,750 Cost of lotteries 9,881,999 – – – – 9,881,999 9,711,380 2,698,551 – – – – 2,698,551 2,699,370 5,049,175 4,368,088 460,008 1,136,256 5,056,040 16,069,567 7,478,510 EXPENSES Administration 808,270 – – – – 808,270 855,192 Major Gifts 951,619 – – – – 951,619 952,197 Development 1,084,608 – – – – 1,084,608 1,060,422 2,844,497 – – – – 2,844,497 2,867,811 Excess of revenue over expenses before grants 2,204,678 4,368,088 460,008 1,136,256 5,056,040 13,225,070 4,610,699 Grants 926,450 – – – 3,797,218 4,723,668 4,598,415 Excess of revenue 1,278,228 4,368,088 460,008 1,136,256 1,258,822 8,501,402 12,284 over expenses Fund balances, (86,320) 41,579,954 5,000,000 6,888,705 9,330,166 62,712,505