Fondation CHU de Québec
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✖
FINANCIAL TRANSPARENCY
Audited financial statements available only through official request for information from Charities Directorate.
C
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
78%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 78 cents are available for programs.
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OVERVIEW
About Fondation CHU de Québec:
Fondation du CHU de Québec is a 1-star charity. The charity has a C Results Reporting grade. The charity is not financially transparent. Its overhead spending is 22%, within Ci’s reasonable range. Its reserve funds can cover 12 years of annual grant costs, outside Ci’s reasonable limit of three years.
Founded in 1984, Fondation du CHU de Québec (CHUQ) raises money for equipment, research, improvements in patient care, and professional training at the CHU de Québec healthcare network. CHU de Québec includes five hospitals which collectively serve a population of almost 2 million people: Centre Hospitalier de l’Université Laval, l’Hôpital de l’Enfant-Jesus, l’Hôpital du Saint-Sacrement, l’Hôpital Saint-Francois d’Assise, and l’Hôtel-Dieu de Québec. At the time of this update, the F2025 annual report is posted on the website; however, the most recent available audited financial statements are from F2023.
Based on the financial breakdown in the F2025 annual report, 55% of grant spending was allocated to Equipment, 31% to Research, 9% to Training, and 5% to Patient Care. As of F2024, the charity financed 263 projects, with 230 projects receiving approval during the year. Under its training program, CHUQ funded 56 grants and gave out nine clinical research grants in F2025. CHUQ converted two consultation rooms into minor surgery rooms at the Centre des Maladies du Sein (CMS) to minimize overcrowding and appointment rescheduling in F2025. The charity’s funding also led to the installation of a cyclotron, a 17-ton particle accelerator used for diagnosis and treatment, at Peirre-Péladeau Integrated Cancer Centre in F2025.
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Results and Impact
Charity Intelligence did not find any quantified outcomes on the Fondation du CHU de Québec’s website. This may not be a complete representation of Fondation du CHU de Québec’s results and impact.
The charity is not yet rated on impact (n/r), which does not affect its star rating.
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Finances
Fondation du CHU de Québec’s audited financial statements follow line-item costing, which is not a best practice.
In F2023, CHUQ received $18.1m in donations and special events revenue. Administrative costs are 17% of revenue (less investment income) and fundraising costs are 6% of donations. This results in overhead spending of 22%. For every dollar donated, 78 cents are available to go towards the cause, within Ci’s reasonable range.
CHUQ has $112m in funding reserves, which can cover 1,201% or twelve years of annual grant spending. This is outside Ci’s reasonable limit of three years.
Profile updated by Leah Holmes on August 18, 2025. This charity report is an update that has been sent to the charity for review. Comments and corrections may be forthcoming.
Financial Review
Fiscal year ending March
|
2023 | 2022 | 2021 |
---|---|---|---|
Administrative costs as % of revenues | 16.7% | 17.2% | 17.4% |
Fundraising costs as % of donations | 5.7% | 3.5% | 5.6% |
Total overhead spending | 22.4% | 20.7% | 23.0% |
Program cost coverage (%) | 1,201.0% | 1,540.3% | 1,600.7% |
Summary Financial StatementsAll figures in $000s |
2023 | 2022 | 2021 |
---|---|---|---|
Donations | 15,956 | 14,230 | 10,286 |
Government funding | 24 | 264 | 600 |
Lotteries (net) | 343 | 290 | 405 |
Business activities (net) | 390 | 284 | 329 |
Special events | 2,109 | 1,263 | 1,105 |
Investment income | 1,162 | 1,847 | 6,469 |
Other income | 24 | 264 | 600 |
Total revenues | 20,006 | 18,442 | 19,794 |
Grants | 9,322 | 6,776 | 5,957 |
Administrative costs | 3,153 | 2,853 | 2,321 |
Fundraising costs | 1,033 | 543 | 641 |
Total spending | 13,508 | 10,172 | 8,918 |
Cash flow from operations | 6,498 | 8,270 | 10,876 |
Capital spending | 7 | 11 | 8 |
Funding reserves | 111,955 | 104,370 | 95,356 |
Note: Ci presented business activities and special events net of related expenses. Amortization has been removed from administrative and fundraising costs on a pro-rata basis.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
1 |
$200k - $250k |
0 |
$160k - $200k |
1 |
$120k - $160k |
2 |
$80k - $120k |
6 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2023
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Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 418-525-4385