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

ANNUAL REPORT

Peter Merola, Board Chair

Report from the Board Chair

Advancing Respiratory Innovation and Healthcare through Philanthropy

We’re all in this together when it comes to improving respiratory healthcare. Your generous donations have made a big impact in British Columbia by providing hospitals with essential respiratory equipment.

At Royal Columbian Hospital, Liz Rohrs PhD. and her team are studying how long-term ventilation affects patients. This research is vital for understanding how to better care for people with respiratory issues.

Jossef Av-Gay PhD and his team at UBC are undertaking incredible research on Tuberculosis. They’ve found a faster and less expensive way to develop drugs to fight this deadly disease.

We’re also investing in the education of Respiratory Therapy students at Thompson Rivers University. By doing this, we’re helping to train a skilled workforce ready to tackle the complex respiratory challenges of the future.

A big thank you goes out to our Board of Directors for their dedication. Their hard work and commitment ensures we continue to provide lifesaving respiratory equipment to those who need it most. We remain dedicated to making a meaningful impact on the community while paying homage to our deep-rooted Veteran history.

We extend our heartfelt thanks to each and every one of you for your unwavering support.

With Sincere Gratitude

Peter Merola

Board Chair

Financial highlights - 2023 / 2024

In 2023-24, TB Vets Charitable Foundation’s cost per dollar was 19 cents (excluding community awareness and public engagement), which is lower than the industry average of 26 cents.

Thanks to our donors, our 2022-2023 consolidated revenue, including investments, totaled $2,478,977. 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 our fiscal year ending September 30th, 2024. The Foundation’s statements are audited by Rolfe Benson LLP Chartered Professional Accounts and are available on our website.

"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."

"I was a respiratory physician at St. Paul’s for thirty years so I know the problems your research seeks to solve."

"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!"

"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."

"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!"

"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."

"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!"

Past Annual Reports

2020 • 2019 • 2018

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ANNUAL REPORT

Report from the Board Chair

Financial highlights - 2023 / 2024

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