Fondation du CHUM (Fondation du Centre Hospitalier de L'Université de Montréal)

465, McGill St, Suite 800
Montreal, QC H2Y 2H1
CEO: Julie Chaurette
Board President: Marc M. Tremblay

Charitable Reg. #:88342 9961 RR0001


Ci's Star Rating is calculated based on the following independent metrics:

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Audited financial statements available only through official request for information from Charities Directorate.



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



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 69 cents are available for programs.

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About Fondation du CHUM (Fondation du Centre Hospitalier de L'Université de Montréal):

Founded in 1998, through the merger of foundations of Montreal’s Hotel-Dieu, Notre-Dame and Saint-Luc hospitals, Fondation du CHUM raises funds for Centre Hospitalier de L’Universite de Montreal (CHUM). The foundation reports that CHUM is a state-of-the-art hospital that provides the best specialized and ultraspecialized care to patients and to the entire Quebec population. In F2019, the foundation granted $11.8m to the hospital which went to: the new CHUM facility (60%), CHUM’s research centre (22%), equipment, research and training (15%), and research chairs and scholarships (3%).  

In F2019, Fondation du CHUM’s grants allowed the hospital to buy two 3D printers for the hospital’s radio-oncology department. The foundation also helped CHUM become the first hospital in Canada to acquire the NGENUITY eye surgery technology which equips surgical teams with 3D glasses. It is estimated that approximately 1,000 surgeries can be carried out annually at CHUM with this new technology. Lastly, the foundation equipped the hospital and its research center with CITADEL, a center integration and analysis software that brings together medical data of the nearly four million patients treated at the hospital since 1998. In September 2017, the new CHUM hospital opened – a $2.5b project with 39 operating rooms, 415 exam rooms, 25 floors (including 5 basements), and 772 rooms.

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Results and Impact

Ci chose to highlight the following results: 

One of the hospital's neuroscience researchers made headlines in F2019 by finding that insulin could be used to treat glaucoma by stimulating regeneration of dendrites (a component of the neurons of the optical nerve).

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Ci is reporting the most recent statements available to them, F2019 was not yet available. 

Fondation du CHUM is a large charity with donations of $11.9m in F2018. Administrative costs are 23% of total revenues (excluding investment income) and fundraising costs are 8% of total donations. For every dollar donated to the charity, 69 cents go to the cause. This is within Ci’s reasonable range for overhead spending. The charity has net funding reserves of $47.1m. Reserves can cover granting at the F2018 level for almost four and a half years.

Charity Intelligence has analyzed the charity’s French audited financial statements to the best of its abilities but recognizes that detailed financial information is beyond our linguistic expertise. Material omissions may be reflected in Charity Intelligence’s analysis.

This charity report is an update that has been sent to Fondation du CHUM. Changes and edits may be forthcoming.

Updated on August 26, 2019 by Stefan Tetzlaff.

Financial Review

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 22.8%15.6%16.3%
Fundraising costs as % of donations 8.1%6.1%6.2%
Total overhead spending 30.9%21.8%22.5%
Program cost coverage (%) 449.2%290.0%216.8%

Summary Financial Statements

All figures in $000s
Donations 11,90115,90613,201
Fees for service 1,6592,4942,697
Business activities (net) 1,1461,3712,601
Investment income 1,0723,666(219)
Total revenues 15,77823,43718,280
Grants 10,47617,34425,747
Administrative costs 3,3573,0883,010
Fundraising costs 965975822
Other costs 9441,9061,753
Total spending 15,74223,31431,332
Cash flow from operations 36123(13,052)
Capital spending 5324955
Funding reserves 47,05650,29855,830

Note: Ci reconciled the charity’s audited financial statements with its T3010 filing to allocate administration, other and fundraising costs. Ci removed amortization pro-rata from admin and fundraising costs. Ci removed “expenses of profit activities” from other costs and is presenting for-profit activities net of expenses under business activities. The charity's T3010 filing only provides information for the top 4 highest paid staff.

Salary Information

Full-time staff: 32

Avg. Compensation: $78,901

Top 10 staff salary range:

$350k +
$300k - $350k
$250k - $300k
$200k - $250k
$160k - $200k
$120k - $160k
$80k - $120k
$40k - $80k
< $40k

Information from most recent CRA Charities Directorate filings for F2018

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