Montreal Sacre-Coeur Hospital Foundation

5400 boul. Gouin Ouest
Montreal, QC H4J 1C5
CEO: Benoit Tremblay
Board President: Michel Bourgeois

Charitable Reg. #: 11892 1584 RR0001
Sector: Health - Hospital Foundation
Public Foundation

Donor Accountability

Grade: C+

The grade is based on the charity's public reporting of the work it does and the results it achieves.

Financial Transparency

Audited financial statements available only through official request for information from Canada Revenue Agency [ Audited financial statement for most recent year ]

Need for Funding

Funding Reserves Program Costs

Spending Breakdown

Full-time staff #8

Avg. Compensation $64,876

Top 10 Staff Salary Range

$350k + 0
$300k - $350k 0
$250k - $300k 0
$200k - $250k 0
$160k - $200k 0
$120k - $160k 1
$80k - $120k 0
$40k - $80k 4
< $40k 3
Information from most recent CRA Charities Directorate filings for F2011

About Montreal Sacre-Coeur Hospital Foundation:

Founded in 1976, the Sacré-Coeur Hospital Foundation of Montreal  raises funds in support of the Hôpital du Sacré-Coeur, one of the largest teaching hospitals in Canada.

Since its founding, the Foundation has granted more than $47m to the Hospital. In 2012, the Foundation supported the start of Advanced Sleep Medicine studies at the Hospital’s Research Centre, which has the largest multidisciplinary team on sleep medicine in Canada. The Foundation also supported the opening of a new family medicine clinic, which provides training on family medicine and care for future physicians and nurses.

Financial Review:

Fundraising costs are 14% of donations and administrative costs are 9% of revenue. The Foundation has funding reserves of $28m (including $8m of donor-endowed funds), which cover annual program costs 9.4 times. Other costs consist of investment management fees.

Financial Ratios

Fiscal year ending December
Administrative costs as % of revenues 9.2%9.0%7.4%
Fundraising costs as % of donations 14.0%10.8%9.3%
Program cost coverage (%) 944.7%667.4%1,088.1%

Summary Financial Statements

All figures in $000s
Donations 5,1285,8406,517
Business activities (net) 565327577
Special events 1,7381,4201,293
Investment income 639500468
Total revenues 8,0708,0878,855
Grants 3,0033,9732,075
Administrative costs 682682620
Fundraising costs 962785729
Other costs 646257
Cash flow from operations 3,3592,5855,374
Funding reserves 28,37026,51722,579
Note: Ci reported business activities net of related expenses, decreasing both revenue and expenses by ($3.5m) in F2012, ($3.1m) in F2011, and ($3.0m) in F2010. Ci removed unrealized loss/gain on investment, changing revenue by $819k in F2012, ($571k) in F2011, and ($1,256k) in F2010.

Comments added by the Charity:

No comments have been added by charity
Go to top