Fondation du CHUM (Centre Hospitalier de l'Universite de Montreal)
Montreal, QC H2Y 2W2
President & CEO: Luce Moreau
Board Chair: Marie-Berthe Des Groseillers
Charitable Reg. #: 88342 9961 RR0001
Grade: B-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 #32
Avg. Compensation $58,616
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||1|
|$160k - $200k||0|
|$120k - $160k||2|
|$80k - $120k||5|
|$40k - $80k||2|
About Fondation du CHUM (Centre Hospitalier de l'Universite de Montreal):
Founded in 1998, Fondation du CHUM (FC) raises funds for Centre Hospitalier de l’Universite de Montreal, the main teaching hospital of Universite de Montreal. The hospital started in 1996 after Montreal’s Hotel-Dieu, Notre-Dame and Saint-Luc hospitals merged. FC focuses on funding state-of-the-art equipment, health care, teaching and research at the hospital. The hospital specializes in treatment and research in areas of cancer, transplantation, neurosciences, cardio metabolic and musculoskeletal disorders.
In F2015, Fondation du CHUM allocated $15.9m to the hospital and gave $5.2m to local clinics. Of the $15.9m, $8.5m went to equipment and health care facilities, $6m to research and $1.4m to teaching. In recent years, FC bought a new MRI machine for $5m, the new Da Vinci Robot (robotic surgery assistance) machine for $3.5m, PET Camera (imaging system) for $2.4m and a C-Arm (imaging system) for $1.4m. The hospital caters to 12,000 patients and trains 5,800 students and interns every year. FC launched a 7-year $2.5 billion fundraising campaign in 2012 to move the hospital to a new building with 40 operating rooms and 772 patient rooms.
Researchers, funded by Fondation du CHUM, developed a new oral drug for cancer patients. The drug, to be tested in the next 3.5 years, will treat people with advanced cancer, including triple negative breast, colorectal and ovarian cancers.
Fondation du CHUM is a Big-Cap charity with donations and special events revenues of $16.3m in F2015. Administrative costs are 12% of total revenues and fundraising costs are 8% of total donations. Total overhead costs come to 20%, falling within Ci’s reasonable range. FC has funding reserves of $57.8m that can cover program costs for 2.7 years.
This charity report is an update that is being reviewed by the charity. Changes and edits may be forthcoming.
Updated on July 29th, 2016 by Mirza Ali Shakir.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||12.3%||10.4%||13.5%|
|Fundraising costs as % of donations||7.5%||6.2%||6.7%|
|Program cost coverage (%)||274.3%||216.8%||338.8%|
Summary Financial StatementsAll figures in $000s
|Fees for service||7,807||7,684||7,995|
|Cash flow from operations||1,550||3,460||8,538|