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We are proud to report the impact of our donors’ dollars to BC’s respiratory frontline.

ANNUAL REPORT

Download Last Annual Report PDF Version

 

 

 

Peter Merola, Board Chair

Report from the Board Chair

Advancing Respiratory Innovation and Healthcare through Philanthropy

As we celebrate 80 years of service, we reflect with pride on the lasting relationships that have shaped TB Vets Foundation’s work across British Columbia. Our donors, partners, and community members remain the inspiration behind everything we do.

On behalf of the Board of Directors, thank you for your generosity and trust throughout 2024–2025. Your support has strengthened respiratory care, advanced research, and ensured critical equipment reached communities where it is needed most.

Strong governance and stewardship remain central to our responsibilities as a Board. We are committed to ensuring that every dollar entrusted to TB Vets Foundation is managed with care, transparency, and accountability, while staying responsive to the evolving respiratory health needs of British Columbians

Thank you for being part of our 80-year legacy.

With Sincere Gratitude

Peter Merola                                                           

Board Chair

Financial highlights - 2024 / 2025

In 2024-2025, TB Vets Charitable Foundation’s cost per dollar was 21 cents (excluding community awareness and public engagement), which is lower than the industry average of 26 cents.

Thanks to our donors, our 2024-25 consolidated revenue, including investments, totalled $2,357,925. Together with our donors and supporters, we have made a direct and significant impact on respiratory care in our province.

The following financial highlights are based on TB Vets’ audited financial statements for the fiscal year ending September 30, 2025. The Foundation’s statements are audited by Rolfe Benson LLP Chartered Professional Accounts and are available on our website at: tbvets.org/ audited-financials

View Financial Highlights
"I am pleased to donate in memory of my parents, both Veterans of WWII, and especially in memory of my mother, who was herself a TB Vet."
Michael CookTB Vets donor, 26 years
"I was a respiratory physician at St. Paul’s for thirty years so I know the problems your research seeks to solve."
Lindsay LawsonTB Vets donor, 24 years
"My mom always donated for years until she died, and I carried on her tradition when I became an adult. I work alongside respiratory therapists, and I know your organization is doing such important work!"
Alexandra MacLeanTB Vets donor, 25 years
"My father had TB when I was a small boy and was in Jericho Hospital in Vancouver. This is one of the reasons I support this charity."
Dale & Dorothy BriggsTB Vets donor, 19 years
"I am truly grateful for all the support and work you do for so many. I also love the TB Vets Key Tags! I feel secure that my belongings could make it back to me should they ever become lost– an added bonus to making any donation. Thanks for all you do!"
Sandra CurnowTB Vets donor, 16 years
"I was born in 1947 and my mother contacted TB sometime in my first year. She spent the next four years in hospital both in VGH and Tranquille Hospital in Kamloops. She lost some ribs and a lung in the road to recovery, and as I understand she was one of the lucky ones that benefited from a new drug that was discovered that time. My mother was just 24 when she got sick, but she lived till she was 78. TB Vets is very close to my heart."
Fran HoldenTB Vets donor, 16 years
"TB Vets Key Tags have certainly been a saving grace in the past. Had my keys not had the tags, I would have certainly lost them forever, and the replacement expense would have been significant!"
John ScottTB Vets donor, 14 years
Past Annual Reports
2024
2023
2022
2021
2020

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Registered Charity #87416 1482 RR0001