Sherbrooke, QC J1G 2R9
President: Sophie Warren
Treasurer: Mario Iannuzzi
Charitable Reg. #: 89730 2964 RR0001
Grade: C+The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Full-time staff #12
Avg. Compensation $60,852
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||1|
|$80k - $120k||1|
|$40k - $80k||6|
About CHUS Foundation:
Founded in 1977, CHUS Foundation raises funds to support CHUS (centre hospitalier universitaire de Sherbrooke), the fourth largest hospital in Quebec. The CHUS Foundation serves about 1 million people each year and provides ultra-specialized care in cardiology, neurosurgery, medical and surgical oncology, and neonatology. Since its incorporation, the CHUS Foundation has given the hospital more than $55 million. In F2015, the foundation granted $7.0m to the hospital: 68% on equipment, 30% on research, and 2% other.
In F2015, the foundation spent $1.4m on a clinical simulation lab, $1.1m on a 3T MRI, $400k on percutaneous cardiac valve patients, $60k on an ultrasound ENT, $41k on ultrasound radiation oncology, and $40k on Pulmonary Fibrosis research.
In F2015, CHUS Foundation spent 5% of revenues on administrative costs and 24% of donations on fundraising costs. Total overhead costs of 29% fall within Ci's reasonable range. The charity has funding reserves of $41m, which can cover annual programs and grants for 5.4 years.
Analysis updated by Ruoxi Gao in 2016, currently under review by CHUS Foundation.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||5.2%||4.4%||3.6%|
|Fundraising costs as % of donations||24.0%||20.5%||26.1%|
|Program cost coverage (%)||541.7%||318.1%||474.7%|
Summary Financial StatementsAll figures in $000s
|Business activities (net)||3,482||3,715||3,156|
|Cash flow from operations||5,337||2,703||2,626|