PRINCE COUNTY HOSPITAL FOUNDATION INC.
Raising funds to equip the Prince County Hospital. https://t.co/wkmRavzxrb The PCH Foundation exists for the betterment of Prince County Hospital.
Prince County Hospital Foundation Inc.
The Prince County Hospital Foundation Inc. (registration number 893526731RR0001) is a Canadian charitable organization established in 1993 to support healthcare services at Prince County Hospital (PCH) in Summerside, Prince Edward Island. As the second-largest hospital in PEI, PCH operates 110 beds and serves the healthcare needs of the region.
The foundation primarily raises funds to purchase medical equipment and finance facility renovations. In its 2022 fiscal year, it granted $2.2 million to the hospital, with 99% allocated to equipment acquisitions and the remainder funding nursing bursaries, including the Wilkinson Student Nurses Bursary and Continuing Education Bursary.
Financially, the organization reported $3.8 million in donations and $2.3 million in provincial government funding for F2022, representing 38% of its total revenue. Overhead costs were reported at 10%, with 90% of donations directed toward programs. The foundation holds $45.6 million in reserves, including $9.6 million in donor-endowed funds, enabling it to cover approximately 21 years of program costs. However, it has been critiqued for limited financial transparency, as audited financial statements are not publicly disclosed.
The foundation facilitates community-driven fundraising campaigns, such as the Vital Signs initiative, to address gaps in healthcare infrastructure and technology. While it holds a Charity Intelligence Canada rating of one star due to transparency concerns, its operations focus on sustaining and modernizing healthcare delivery in western PEI.
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893526731
5167
X (Twitter)
1742
Address
SUMMERSIDE
Prince County Hospital Foundation
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The PCH Foundation wants to extend a massive congratulations to the incredible Kit Loschiuk of Freeland, a dedicated member of the Prince County Hospital Auxiliary, for being named a Senior Islander of the Year. Kit is truly an inspiration, and we're so proud to have her as part of the PCH family. Her outgoing personality and willingness to help others shine through in everything she does.
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The Foundation is incredibly grateful to Red Sands Golf Course, our generous course sponsor for the Women’s Golf Classic this September. With help from their incredible staff, the event was a tremendous success, with 72 golfers joining us for a day of fun and fundraising. Together, we raised over $27,000 for medical equipment at PCH.
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