The sole purpose of the CHEO Foundation is to raise funds to help support the work of the Children's Hospital of Eastern Ontario. Donations help the hospital provide a wide variety of pediatric programs, research, state-of the art equipment, medical and nursing education, and assistance for families in crisis.
Each year, the Foundation holds the CHEO Telethon on CTV, which is part of the North-America wide Children's Miracle Network. All funds raised locally benefit CHEO. Other events and lotteries such as CN Cycle, the Dream of a Lifetime Lottery and the Ottawa Hospital and CHEO Lottery, bring important support to CHEO. Community organizers support CHEO through more than 200 events each year, ranging from corporate and private dances, barbecues, and sports tournaments. Significant funds are also raised through annual giving and bequests.