The Foundation’s mission is to raise funds in support of the Collingwood G&M Hospital for equipment, furnishings, facilities and programs / services that are not funded by the Ministry of Health & Long Term Care.
We fund capital equipment (over $1,000) and facility renovations at the G&M. We also fund some specialty programs and services not covered by the government. The Foundation cannot (according to its by-laws) fund operational costs for the Hospital. The Foundation is the only dependable source of capital funding for the CGMHF.
Yes, donors can designate their donation to a certain department or piece of equipment. The Foundation, however, will not accept donations that are designated to items outside of the Hospital’s current area of needs. For example, if a donor wished to make a donation to purchase an M.R.I., the Foundation could not accept the donation until such time as the Hospital had approved the operational funding and purchase of an M.R.I. In such a case, we would work with the donor to choose a different area of need. The Foundation or Hospital cannot reallocate designated funds without the prior consent of the donor.
The Foundation operates under regulations established by the Canada Revenue Agency (CRA) – and is required to report annually to CRA on dollars raised, expenses and funds provided to the Hospital. Investment policies are regulated by the Public Trustees Act. The Foundation is audited annually and our audited financial statements are made available to the public. The Foundation belongs to the Canadian Association for Healthcare Philanthropy and the Canadian Centre for Philanthropy and has adopted these associations’ Donor Bill of Rights as our code of conduct.
The Foundation relies upon the Hospital’s management, staff and physicians to determine exactly what the Hospital needs. Each year the Hospital undertakes a capital budgeting process, which identifies its equipment and facility needs. Each identified need is then ranked in order of priority. This list is provided to the Foundation and together, we negotiate how many of the priority items can be funded annually. The Foundation’s primary role in this process is to operate fundraising programs that will meet the funding targets in any given year and to work with the Hospital to ensure our donor’s money is spent on its intended use.
The Foundation is a separately incorporated charitable organization that operates independently of the Hospital. Although the Foundation employs 5 full time and 1 part time staff, most of our programs are volunteer driven. The ultimate responsibility for the Foundation lies with its volunteer Board Members. The staff of the Foundation is responsible to the Foundation Board of Directors. All costs for staff, fundraising programs and public relations come from the Foundation’s budget, not from the Hospital.