How is Canuck Place funded?
We rely on the generosity of individuals, companies, community partners, and the provincial government.
For almost three decades, the Canucks for Kids Fund has brightened days with funding (annually about 4% of our overall operating), player and mascot visits (hi Fin!) and event tickets.
Simply put, your support ensures children receive the care they need, where and when they need it.
Where does the money go?
Funds go to medical care for children and families.
We work with families to navigate all stages of a child’s illness. But children aren’t just little adults—they’re kids. Recreation therapy creates moments to remember. Play, art, and music therapy help children and siblings express and process complicated feelings.
We also help children and families find the courage to face the unknown, with end-of-life care and grief and bereavement support.
Your impact in 2024/25
We continue to see an increasing demand in the need for our services, and we are grateful to the donors who make care for children and families possible.
Children and families on program
946 children, and families on program
Community-based care
4,266 community-based care consultations including 24-Hour Clinical Care Line, in-hospital, in-home, and virtual care
In-patient bed days
2,453 in-patient bed days in our hospices
Counselling services
3,755 counselling sessions provided for children and families to support mental health through incredibly challenging circumstances
Medical respite care
4,126 family members staying in our famiy suite accommodations for medical respite
Recreation therapy
927 recreation therapy sessions for 3,326 children and family attendees
Annual Reports
Caring for children and their families is, and always will be, at the heart of the mission of Canuck Place. See what we’ve been working on and the impact of your donations. Together, we can give short lives the gift of great days.
Audited Financial Statements
Report from the Finance & Audit Committee
It is my pleasure to present the 2024-25 report from the Finance & Audit Committee for Canuck Place Children’s Hospice (CPCH). We are grateful to our donors, government partners and our staff and volunteers for making safe, high-quality and sustainable care possible for children and families. Pediatric palliative care is provided by Canuck Place in BC and the Yukon in-hospices, in-hospitals, in-homes and through virtual care.
This fiscal year resulted in a deficiency of revenue over expenses of $(333)K for CPCH. With your help, we were able to maintain fundraising levels at $10M, spending $8.3M this year to provide care for all the children and families who need us most, and prudently carrying forward $1.7M for use next fiscal. With the continued support of the Province of BC and donors and with strong stewardship of our cash and investment balances, revenues remained strong, totaling $26M. Offsetting those revenues, expenses increased to over $26.3M. Economically and politically, this year has been a challenging one. CPCH is committed to strong management of operations, accountability and transparency with donors. Net assets allow CPCH to continue to provide these key services, and investments in the CPCH Foundation will be a bridge to any funding gaps and provide stability in the current climate of financial uncertainty.
As our planned implementation of the Electronic Medical Record (EMR) system continues and the clinical team adjusts to meet the growing need, there will be a reduction in our deferred revenue contributions being reported in our statement of financial position. We will continue the EMR project and capital improvements for our hospice in Vancouver over the next 6 – 24 months. Deferred revenues are protected and provide CPCH with investment income while being held.
In closing, please know we are committed to working closely with the Province of BC, our health system, community partners, and our generous donors, while welcoming new partners to build a sustainable future for CPCH ensuring we are here for our children and families for many years to come.
Treasurer and Finance & Audit Committee Chair, CPCH Board of Directors
2024/25 CPCH SOCIETY FINANCIAL STATEMENT
CPCH Foundation
In addition to the CPCH Society, the CPCH Foundation was established in 2000 to invest and safeguard funds for the purpose of investing in Canuck Place operations and to ensure future generations of children living with a huge variety of complex conditions receive the pediatric palliative care they need. Investments in the CPCH Foundation will provide a bridge to any funding gaps and provide stability in the current economic uncertainty. All donations that come through the CPCH Foundation are used exclusively to support CPCH care. Annually, the Foundation makes financial contributions to the Society for direct programs, emerging projects and supporting the financial sustainability from challenges caused by fluctuations in revenue and economic impacts. Additionally, The Foundation supports funding for necessary long-term maintenance and replacement of medical equipment and facilities. Within the Foundation, the Board of Directors and Management review the funding needs of CPCH and balances them with the investment imperatives of the Foundation annually
As a registered Canadian charity, the Canuck Place Hospice Society is required to file an annual charity information return with Canada Revenue Agency. The return presents information including charitable programs, care of children and families, fundraising, management and administration costs and compensation.
