Jewish General Hospital Foundation is a 3-star rated charity that is financially transparent. It has a B- results reporting grade, which is below average. For every dollar donated, 79 cents go to the cause. It has reserve funds to cover 8.5 years of annual program costs.

About Jewish General Hospital Foundation

Founded in 1969, Jewish General Hospital Foundation (JGHF) raises funds to support patient care and medical research at the Jewish General Hospital. Based in Montreal, the Hospital is a tertiary-care teaching hospital associated with McGill University. Charity Intelligence calculated that the Foundation granted the Hospital $35.1m in F2023.

The Foundation funds the Hospital for four main programs:

Digital Health Initiative was 46% of foundation grants in F2023. The Hospital reports that healthcare professionals waste time switching between different systems. The Hospital established the Command Centre, which digitizes healthcare information into one central operating system. It created the Connect Health Record, which centralized patient data onto one record. The Hospital reports that its Hospital@Home program enabled over 700 patients to receive virtual healthcare.

Patient Care was 33% of foundation grants in F2023. The Hospital reports that approximately 1 million Canadians will be living with dementia by 2030. It established 10 examination rooms for its Memory Centre.

Research and Innovation was 11% of foundation grants in F2023. The Hospital’s new Psychiatry Inpatient Unit included 2,600m² of space. The Hospital also supported 175 researchers, staff, students, and fellows.

Capital and Equipment was 7% of foundation grants in F2023. The Hospital acquired a new linear accelerator for cancer detection and a Rosa Robot to perform knee surgeries.

The remaining 3% of program spending was allocated to other establishments.

Jewish General Hospital Foundation is one of Canada’s largest charities by donations, receiving $25.2m in individual donations. It received $8.3m in corporate donations and $7.4m in donations from foundations and not for profit organizations in F2023. Administrative costs are 10% of total spending; fundraising costs are 11%. Total overhead spending is 21%. For every dollar donated, 79 cents go to the cause. This is within Ci’s reasonable range. In F2023, JGHF had had $298.1m in reserve funds, which can cover approximately 8.5 years of its annual program costs. In F2023, JGHF switched auditors, leading to a restatement of its F2022 finances.

The JGHF operates the Funding Enhancement Initiative, which charges a fee on donations to fund infrastructure costs. Donors are not informed of this fee as it is not disclosed on the charity’s website. The Foundation has also committed to provide the Hospital with funds, divided as follows: 42 closed-end investments ($224m), Digital Health Initiative ($94.0m), other activities ($17.9m), Phase 4 renovations ($15.7m), and Rossy Cancer Network ($3.2m). Of its investments, 95% are held in closed-end funds. Average investment return was 4.6% per year. The Foundation holds related party debts to the Hospital in a promissory note valued $553k (F2022, $553k) and amount due valued at $401k (F2022, $378k). These are not interest-bearing. The Foundation accepts multi-year payments for donations. In F2023, these were pledges receivable ($85.8m).

This update has been sent to Jewish General Hospital Foundation for review. Changes and edits may be forthcoming. Updated on May 23, 2024 by Stellar Zhang.