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

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

Founded in 1998, Fondation du CHUM (FC) raises funds for Centre Hospitalier de L’Universite de Montreal (CHUM), a university hospital affiliated with the Université de Montréal. The hospital, CHUM, started in 1996 after Montreal’s Hotel-Dieu, Notre-Dame, and Saint-Luc hospitals merged. FC focuses on funding equipment, health care, teaching, and research at the hospital.

In F2015, Fondation du CHUM granted $15.9m to the hospital.  Of the $15.9m, $8.5m went to equipment and health care facilities, $6.0m to research and $1.4m to teaching. In recent years, FC bought a new MRI machine for $5m, a 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. As of March 31, 2017, the hospital had 12,428 staff and volunteers, including 721 volunteers, 987 doctors, 1,793 researchers, and 4,036 nurses. There were an additional 5,223 residents and students at the hospital. The new CHUM hospital opened in September 2017 – a $2.5b project with 39 operating rooms, 35 medical specialties, and 5 clinical areas of focus: cancer, neuroscience, cardiovascular and metabolic disease, transplant, and musculoskeletal disorders.

Financial Review:

The financial analysis completed by Charity Intelligence uses the most recent, full financial statements available to Ci at the time this report was written.

Fondation du CHUM is a Large 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. For every dollar donated, 80 cents go to the cause, falling within Ci’s reasonable range for overhead spending. FC has funding reserves of $57.8m that can cover grants for 2.7 years. The foundation operates a vaccination clinic and states that it is one of the largest health-travel clinics in Quebec. In F2015, the revenues from the clinic were $7.8m and expenses were $5.2m. 

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

Updated on August 24, 2018 by Joeyanne Cheung.