CHU Sainte-Justine Foundation
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.
81%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 81 cents are available for programs.
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OVERVIEW
About CHU Sainte-Justine Foundation:
Founded in 1987 through the merger of Fondation Justine-Lacoste-Beaubien and Fondation Sainte-Justine, CHU Sainte-Justine Foundation raises funds to care for women and children at Sainte-Justine University Hospital Centre. The hospital is the largest mother and child care centre in Canada. CHU Sainte-Justine Foundation focuses on risky pregnancies, genetic disorders, cancer care, muscle disorders and heart care. The foundation also funds research and teaching at CHU Sainte-Justine University Hospital.
In F2020 CHU Sainte-Justine Foundation granted $28.7m to the CHU Sainte-Justine hospital. Four categories received funding: Research, Infrastructure, Health Care, and Teaching.
Research received 49% of funding, which focuses on researching personalized treatment methods termed “Precision medicine”.
Infrastructure received 36% of the funding. CHU Sainte-Justine Foundation did not report on the spending of this $10.2m in F2020.
Health Care received 10% of the funding, allowing for new technologies and specialized care in the hospital. In F2020, the foundation helped buy a new mass spectrometer. This technology identifies molecule pieces needed for cancer vaccine development.
Teaching received 6% of the funding, which has supported 500 fellowships since 1998. Sainte-Justine hosts around 3,500 students a year and trains more than 80% of Quebec pediatricians.
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Results and Impact
In F2020, research funded by CHU Sainte-Justine Foundation discovered two new neurodevelopmental diseases. In 2019, a new neurosurgery laser gifted to the hospital allowed for surgery-free tumour removal saving a teen's life.
While Ci highlights these key results, they may not be a complete representation of CHU Sainte-Justine Foundation’s results and impact.
This charity is not yet rated on impact (n/r).
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Finances
CHU Sainte-Justine Foundation is a Major 100 charity with $31.8m in donations in F2020. Administrative costs are 6% of revenues (less investment income) and fundraising costs are 13% of donations. This results in total overhead spending of 19%. For every dollar donated, 81 cents go to the cause. This falls within Ci’s reasonable range for overhead spending.
CHU Sainte-Justine Foundation has $70.4m in funding reserves, of which $18.8m is donor endowed. Excluding donor-endowed funds, the charity could cover 186% or almost 2 years of annual program costs.
This charity report is an update that has been sent to CHU Sainte-Justine Foundation for review. Changes and edits may be forthcoming.
Updated on May 28, 2021 by Brenleigh Jebb.
Financial Review
Fiscal year ending March
|
2020 | 2019 | 2018 |
---|---|---|---|
Administrative costs as % of revenues | 6.2% | 5.9% | 5.7% |
Fundraising costs as % of donations | 13.2% | 12.8% | 11.6% |
Total overhead spending | 19.4% | 18.7% | 17.3% |
Program cost coverage (%) | 185.9% | 169.9% | 172.7% |
Summary Financial StatementsAll figures in $000s |
2020 | 2019 | 2018 |
---|---|---|---|
Donations | 31,848 | 33,668 | 36,852 |
Business activities (net) | 5,443 | 5,363 | 5,033 |
Investment income | (2,114) | 3,353 | 2,056 |
Total revenues | 35,177 | 42,384 | 43,941 |
Grants | 28,716 | 32,680 | 31,036 |
Administrative costs | 2,319 | 2,317 | 2,395 |
Fundraising costs | 4,208 | 4,293 | 4,267 |
Total spending | 35,243 | 39,289 | 37,698 |
Cash flow from operations | (67) | 3,094 | 6,243 |
Capital spending | 904 | 98 | 54 |
Funding reserves | 70,427 | 74,953 | 70,661 |
Note: Ci reported business activities, which include the management of the hospital's parking lot, net of expense. This affected revenues and expenses by ($1.2m) in F2020, ($1.2m) in F2019, and ($1.2m) in F0218. Ci removed amortization from administrative and fundraising costs.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
1 |
$160k - $200k |
1 |
$120k - $160k |
5 |
$80k - $120k |
3 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2020
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Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 514-345-4710