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Prince Edward Island · Registered charity

QUEEN ELIZABETH HOSPITAL FOUNDATION INC.

QUEEN ELIZABETH HOSPITAL FOUNDATION INC. (Prince Edward Island) receives grants from 62 organizations whose Canada Revenue Agency filings report C$5,127,056 to it, the largest being QUEEN ELIZABETH HOSPITAL AUXILIARY INC. (C$1,963,068). 42 of them have funded it in more than one year.

C$11M
Revenue FY2024
62
Funders on record
C$5.1M
Grants received
C$49M
Net assets
42/62 repeat funderspeak grant-dependency 36%

Against its field

QUEEN ELIZABETH HOSPITAL FOUNDATION INC. runs a healthier operating margin than half of the 362 foundations nonprofits its size.

Operating margin67% · above the median
Months of reserve1.1mo · bottom quartile
Revenue growth (annualized)7% · below the median

this organization peer median middle 50% of peers· 362 foundations nonprofits $10M–$100M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 (C$7.1M) Expenses 100 (C$4.3M) Net assets 100 (C$28M)2018 Revenue 95 (C$6.7M) Expenses 71 (C$3.1M) Net assets 113 (C$32M)2019 Revenue 83 (C$5.9M) Expenses 109 (C$4.7M) Net assets 117 (C$33M)2020 Revenue 64 (C$4.5M) Expenses 117 (C$5.1M) Net assets 115 (C$32M)2021 Revenue 187 (C$13M) Expenses 93 (C$4.0M) Net assets 148 (C$42M)2022 Revenue 38 (C$2.7M) Expenses 174 (C$7.5M) Net assets 131 (C$37M)2023 Revenue 156 (C$11M) Expenses 154 (C$6.7M) Net assets 146 (C$41M)2024 Revenue 157 (C$11M) Expenses 84 (C$3.6M) Net assets 173 (C$49M)
'17'18'19'20'21'22'23'24
Revenue (157)Expenses (84)Net assets (173)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 1% · 2018 1% · 2019 0% · 2020 0% · 2021 12% · 2022 1% · 2023 18% · 2024 0%. Grants only. Government contracts and fees sit inside program revenue.

48% of QUEEN ELIZABETH HOSPITAL FOUNDATION INC.’s revenue is contributions — about as donation-reliant as the typical peer (56% for the typical peer).

This organization
Typical peer · 318 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.

C$2.8M
’17
C$3.6M
’18
C$1.1M
’19
−C$508k
’20
C$9.2M
’21
−C$4.8M
’22
C$4.4M
’23
C$7.5M
’24
1.1
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 24 funders to 30 funders, grant income fell C$993k → C$955k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
total
C$266k
C$230k
C$203k
Hewitt Foundationunclassified
C$200k
C$83k
Canada Givesunclassified
C$60k
C$57k
C$56k
C$51k
C$38k
C$26k
funders
24
22
24
32
22
35
30
29

From the CRA filings of QUEEN ELIZABETH HOSPITAL FOUNDATION INC.’s funders (the co-funder graph). Top 30 of 62 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

How concentrated its funding is

QUEEN ELIZABETH HOSPITAL FOUNDATION INC. has a broad base — no single funder exceeds 38% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund QUEEN ELIZABETH HOSPITAL FOUNDATION INC..

38%
largest funder
55%
top three
~6
effective funders

Largest funder’s share by year: 2017 59% · 2018 63% · 2019 73% · 2020 49% · 2021 50% · 2022 47% · 2023 21% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

How long its funders stay

53% of QUEEN ELIZABETH HOSPITAL FOUNDATION INC.'s funders are still giving 3 years after their first grant; 68% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

61% of QUEEN ELIZABETH HOSPITAL FOUNDATION INC.'s grant income comes from Prince Edward Island funders.

In-province vs out-of-province, by year

’17
’18
’19
’20
’21
’22
’23
Prince Edward Island out of province

Funder regions come from each funder’s own filing. C$484k arriving through sponsors registered in 2 regions is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 62 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Government revenue QUEEN ELIZABETH HOSPITAL FOUNDATION INC. reports

Federal, provincial and municipal funding on the organization’s own T3010 return.

FY2024C$37k
17
18
19
20
21
22
23
24
  • 0% of FY2024 revenue
  • As filed, not traced to an award

Organizations like QUEEN ELIZABETH HOSPITAL FOUNDATION INC.

Organizations whose mission and program text most resemble this one, by semantic similarity over every charity on the CRA register — the closest peers, and often the clearest route to shared or prospective funders.

In Prince Edward Island

Nationally

04Profile & governance

Read directly from this organization’s own T3010 return, as neutral context.

Where the money goes

70% of spending goes to programs.

Program 70%Management 14%Fundraising 16%

Governance

17
board members

Questions and answers

Who funds QUEEN ELIZABETH HOSPITAL FOUNDATION INC.?
QUEEN ELIZABETH HOSPITAL FOUNDATION INC. (Prince Edward Island) receives grants from 62 organizations whose Canada Revenue Agency filings report C$5,127,056 to it, the largest being QUEEN ELIZABETH HOSPITAL AUXILIARY INC. (C$1,963,068). 42 of them have funded it in more than one year.
How many funders does QUEEN ELIZABETH HOSPITAL FOUNDATION INC. have?
Canada Revenue Agency filings report 62 organizations giving C$5,127,056 in grants to QUEEN ELIZABETH HOSPITAL FOUNDATION INC., 42 of which have funded it in more than one year.
Who is the largest funder of QUEEN ELIZABETH HOSPITAL FOUNDATION INC.?
QUEEN ELIZABETH HOSPITAL AUXILIARY INC. is the largest funder on record, with C$1,963,068 in grants. The full list of funders is on this page.
How can an organization like QUEEN ELIZABETH HOSPITAL FOUNDATION INC. find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Prince Edward Island.

These figures are read directly from the CRA's published T3010 data: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 62 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported September 23, 2026. What this page cannot tell you · View the T3010 on the CRA register