330, avenue Université
Moncton, NB E1C 2Z3
Executive Director: Jacques B. LeBlanc
Board Chair: René Collette

Charitable Reg. #:89127 5141 RR0001

STAR RATING

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

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✔+

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.

65%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 65 cents are available for programs.



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Programs

About CHU Dumont Foundation:

Founded in 1983, Dr. Georges-L.-Dumont Hospital Foundation (CHU Dumont Foundation) raises funds for the Dr. Georges-L.-Dumont University Hospital Centre in Moncton, New Brunswick. The money given to the hospital funds equipment, research, and lodging.

In F2018, CHU Dumont Foundation granted $1.5m, of which 63% went to the purchase of equipment, 30% went to research, and 7% went to the Mgr. Henri-Cormier Lodge. The grants allowed the hospital to purchase new equipment, including a Berchtold LED light which offers the highest quality lighting for surgical procedures, and an ultrasound system which allows doctors to capture 3D and 4D images of a fetus. CHU Dumont Foundation also actively funds cancer research in New Brunswick. In F2018, CHU Dumont Foundation’s grants allowed 1,800 people from the Oncology Centre to stay in the lodge, free of charge. The lodge holds up to 85 guests at a time and provides accommodations for patients receiving cancer treatments at the Oncology Centre who live over 100km away from Moncton.

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Results and Impact

In F2018, the foundation funded the purchase of a new blood testing machine. With this machine, the hospital can now confirm HIV tests at the hospital, reducing wait times for test results from 2-4 weeks to 1-2 days. 

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Finances

CHU Dumont Foundation is a medium-sized charity with $3.5m in donations and special events revenue in F2018. Administrative costs were 17% of revenues (excluding investment income) and fundraising costs were 17% of donations. For each $1 donated, 65 cents go to the cause. This is within Charity Intelligence's reasonable range for overhead spending. The foundation has funding reserves of $5.9m, which could cover granting at the F2018 level for almost four years.

The charity has committed $5.3m to Regional Health Authority, $160k to Services Palliatifs Communautaires Beausejour, and $35k to Fondation Stella Maris. The amounts are not required to be paid out in F2019, but instead as projects are finalized and money is required by the Hospital. 

This report is an update that has been sent to CHU Dumont Foundation. Changes and edits may be forthcoming.

Updated on July 3, 2019 by Stefan Tetzlaff.

Financial Review


Financial Ratios

Fiscal year ending March
201820172016
Administrative costs as % of revenues 17.3%21.7%14.3%
Fundraising costs as % of donations 17.3%17.3%15.3%
Program cost coverage (%) 389.8%326.5%201.6%

Summary Financial Statements

All figures in $s
201820172016
Donations 1,101,8461,064,2731,298,343
Lotteries (net) 078,85883,153
Special events 2,371,2551,966,2332,312,716
Investment income 55,44067,44217,153
Total revenues 3,528,5413,176,8063,711,365
Grants 1,525,4871,619,6952,146,812
Administrative costs 599,454675,914528,460
Fundraising costs 599,760523,047553,109
Cash flow from operations 803,840358,150482,984
Funding reserves 5,946,7495,287,6434,326,920

Note: Ci reported lotteries net of direct expenses in F2016 and F2017 based on information provided in historical annual reports. This decreased total revenues and expenses by $34k in F2017 and $30k in F2016. Lottery information was not reported in the F2018 annual report.

Salary Information

Full-time staff: 11

Avg. Compensation $60,700

Top 10 staff salary range

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
0
$160k - $200k
0
$120k - $160k
0
$80k - $120k
3
$40k - $80k
6
< $40k
1

Information from most recent CRA Charities Directorate filings for F2018

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Comments & Contact

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Charity Contact

Website: www.chudumont.ca
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