Fondation du CHUM
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
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.
77%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 77 cents are available for programs.
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OVERVIEW
About Fondation du CHUM:
Fondation du CHUM is a 2-star charity with a below average results reporting grade. Its funding reserves are outside Ci’s reasonable range and can cover over 5 years of annual grants. For every dollar donated to the Fondation du CHUM, 77 cents are available to go to the cause, which is within Ci’s reasonable range.
Fondation du Centre Hospitalier de L'Université de Montréal (Fondation du CHUM) is a Canadian healthcare charity founded in 1998 that supports the Centre Hospitalier de l’Université de Montréal (CHUM). Over 500,000 visits are made to the CHUM each year. The foundation exists to support the hospital in responding to ongoing pressures on the healthcare system. These include higher patient volumes, increasing complexity of medical cases, and the cost of maintaining and updating medical technology.
The foundation funds projects that improve healthcare delivery and patient experiences through three main programs: Transforming Care, Transforming Research, and Transforming Education. The foundation provides financial support for initiatives that the hospital may not be able to fully fund through its regular budget. In F2025, the foundation granted $17.4m to the hospital but no program spending breakdown was provided.
Transforming Care focuses on improving patient care through new equipment and clinical spaces. In F2025, this included the purchase of 100 tablets for hospitalized patients to communicate with loved ones. Ultrasound guidance devices were added to improve vein visualization and catheter placement. The foundation also acquired Synapse 3D software that helps with liver surgery planning, and a TRIAD ergonomic chair to improve patient comfort. The program also funded the Coroventis CoroFlow system, a cardiovascular tool used for more precise diagnosis in women’s heart health, making the CHUM one of the few centers in Quebec with this technology.
Transforming Research funds scientific and clinical research conducted at the CHUM, including around 2,300 ongoing clinical trials. Funding in F2025 has provided an AI tool that helps specialists observe organ function in patients with type 2 diabetes. It has also supported four research teams working on precision oncology projects, as well as labs focusing on depression and multiple sclerosis.
Transforming Education supports training and recruitment of healthcare professionals. This included funding several new fellowship programs in F2025 in order to attract specialists in different medical fields to the CHUM.
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Results and Impact
In F2025, the foundation provided the hospital with support to improve patient care, treatment processes, and clinical tools.
Ultrasound guidance devices improved catheter insertions and helped reduce treatment times and lower complication risks. New imaging software supported more precise surgical planning, leading to safer surgeries. Pain management services, palliative care approaches and the new ergonomic treatment chair improved patient comfort.
Charity Intelligence has not yet rated the Fondation du CHUM on impact. While Ci highlights these key results, they may not completely represent the charity’s results and impact.
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Finances
Fondation du CHUM had total revenues of $40.3m in F2025. It received $30.1m in donations, equal to 75% of its revenue, as well as $1.4m in donated goods in kind. Investment income was $6.9m in F2025, or 17% of total revenue.
The foundation’s F2025 annual report references a $45 million estate gift from Paul Durocher; however, the full amount was not recognized in the F2025 audited financial statements, and it is unclear how much, if any, has been recorded to date or when the remaining amount will be recognized, as this donation is not apparent on the charity's financial statements.
The charity gave the hospital $16.0m in grants in F2025, which is 40% of its revenue. It also provided the hospital with $1.4m in goods in kind. Fondation du CHUM recorded a surplus of $15.5m.
Administrative costs were $1.9m, representing 6% of its revenue (excluding investment income), as reported on its T3010 filing with the CRA in F2025. Fondation du CHUM reported $5.2m in fundraising costs, representing 17% of donations. Total overhead spending was 23%. For every dollar donated to Fondation du CHUM, 77 cents are available to go to the cause. This is within Ci’s reasonable range.
Fondation du CHUM held $90.8m in reserve funds (cash and investments) in F2025. These reserves can cover 5.7 years of annual grants. This is outside Ci’s reasonable range.
This is a charity update that has been sent to the Fondation du CHUM by Neela Jalilian on May 26, 2026.
Financial Review
Fiscal year ending March
|
2025 | 2024 | 2023 |
|---|---|---|---|
| Administrative costs as % of revenues | 5.7% | 7.5% | 7.3% |
| Fundraising costs as % of donations | 17.2% | 26.8% | 29.2% |
| Total overhead spending | 22.9% | 34.3% | 36.4% |
| Program cost coverage (%) | 568.2% | 485.4% | 570.3% |
Summary Financial StatementsAll figures in $000s |
2025 | 2024 | 2023 |
|---|---|---|---|
| Donations | 30,082 | 19,184 | 16,120 |
| Goods in kind | 1,417 | 0 | 0 |
| Fees for service | 18 | 214 | 60 |
| Business activities (net) | 1,846 | 2,154 | 2,079 |
| Investment income | 6,949 | 6,952 | (592) |
| Total revenues | 40,313 | 28,503 | 17,667 |
| Grants | 15,978 | 15,194 | 11,648 |
| Donated goods exp | 1,417 | 0 | 0 |
| Administrative costs | 1,916 | 1,612 | 1,326 |
| Fundraising costs | 5,166 | 5,145 | 4,701 |
| Other costs | 382 | (123) | 666 |
| Total spending | 24,860 | 21,829 | 18,341 |
| Cash flow from operations | 15,453 | 6,675 | (674) |
| Capital spending | 180 | 54 | 46 |
| Funding reserves | 90,783 | 73,747 | 66,426 |
Note: 1. Ci is presenting for-profit activities net of expenses under business activities. 2. Ci reconciled the charity’s audited financial statements with its T3010 filing to allocate administrative, fundraising and other costs. 3. Amortization: Ci removed amortization from administrative and fundraising costs and allocated on a pro rata basis across these categories.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
1 |
$200k - $250k |
0 |
$160k - $200k |
2 |
$120k - $160k |
3 |
$80k - $120k |
4 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2025
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Comments & Contact
Comments added by the Charity:
Charity Contact
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Tel: 866-366-2486