Montreal Children's Hospital Foundation

1420-3400, de Maisonneuve Blvd. West
Montreal, QC H3Z 3B8
President: Renée Vézina
Board Chair: Jonathan Amiel

Charitable Reg. #:11892 1543 RR0001

STAR RATING

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

🔓
Unlock Charity Ratings

✔+

FINANCIAL TRANSPARENCY

Audited financial statements for current and previous years available on the charity’s website.

B-

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.

75%

CENTS TO THE CAUSE

For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 75 cents are available for programs.



My anchor

Programs

About Montreal Children's Hospital Foundation:

Established in 1973, Montreal Children’s Hospital Foundation (MCHF) fundraises to support Montreal Children's Hospital and McGill University Health Centre. According to MCHF, families with a sick child will lose 40% of their income, and kids receive only 10% of research funding despite representing 25% of the population. In F2018, MCHF had 177,136 patient visits, of which 80,909 were emergency room visits and 96,227 were hospital visits. 

It reported granting $18.1 million (The F2019 annual report was not available at the time of this report), of which $1.3 million was deferred. Actual cash grants were $16.7 million. MCHF contributed 71% to the Montreal Children’s Hospital, 20% to the Research Institute of the McGill University Health Centre, and 9% to McGill University.

MCHF also reports its grants by sector. It allocated 39% of grants to research equipment and services, 20% to special projects, and 17% to equipment and patient care. MCHF reports that the remaining 23% went toward 'installment of new hospital commitment,' with no detail provided. 

Montreal Children's Hospital has 154 single-patient rooms, 6 operating rooms and 6 intervention rooms. Staff include 349 physicians and surgeons, 694 nurses, and 275 medical students, residents and fellows. In F2018, MCHF reports that the hospital performed 7,646 surgeries, admitted 5,879 patients, conducted 200 craniofacial reconstructive procedures, and treated 1,000 sick babies. 

Funds granted to research equipment aided research in neonatal care, trauma and brain injury, postoperative pain in children, kidney disease and global health. These funds also went to scholarships and fellowships to develop the next generation of pediatric specialists and physicians.

Special projects funding went toward hearing aid implants, pet therapy, music therapy, parental presence in labour induction, and a summer program in Child Life to provide engaging activities for hospitalized patients. In F2018, MCHF reports that 22 children received hearing implants, 1,800 children participated in music therapy, and 736 children had parental presence in labour induction. 

My anchor

Finances

Montreal Children’s Hospital Foundation is a Major 100 charity with $24.5m in donations in F2019. Administrative costs were 19% of revenues (excluding investment income) and fundraising costs were 6% of donations. For every dollar donated, 75 cents go to the cause, which is within Charity Intelligence’s reasonable range for overhead spending.

Montreal Children’s Hospital Foundation has funding reserves of $129.4m, of which $107.9m are donor-endowed. This means that Montreal Children’s Hospital Foundation can cover annual program costs for 1.6 years excluding donor-endowed funds.

This charity report is an update that has been sent to Montreal Children’s Hospital Foundation for review. Changes and edits may be forthcoming.

Updated on July 19, 2019 by Parker Thomlinson.

Financial Review


Financial Ratios

Fiscal year ending March
201920182017
Administrative costs as % of revenues 18.7%17.8%19.4%
Fundraising costs as % of donations 6.0%5.0%7.1%
Total overhead spending 24.7%22.8%26.5%
Program cost coverage (%) 681.3%766.6%724.1%

Summary Financial Statements

All figures in $000s
201920182017
Donations 24,48425,68222,055
Investment income 2,8935,09611,207
Total revenues 27,37730,77933,261
Grants 18,99016,71516,471
Administrative costs 4,5704,5664,280
Fundraising costs 1,4641,2751,563
Total spending 25,02422,55622,313
Cash flow from operations 2,3538,22210,948
Funding reserves 129,369128,140119,259

Note: An adjustment was made to grants reflecting the change in Contributions Payable to Montreal Children’s Hospital year over year, affecting spending by $921k in F2019, ($1.4m) in F2018, and ($352k) in F2017. 

Salary Information

Full-time staff: 34

Avg. Compensation $87,733

Top 10 staff salary range

$350k +
0
$300k - $350k
0
$250k - $300k
0
$200k - $250k
1
$160k - $200k
0
$120k - $160k
5
$80k - $120k
4
$40k - $80k
0
< $40k
0

Information from most recent CRA Charities Directorate filings for F2018

My anchor

Comments & Contact

Comments added by the Charity:

No comments have been added by charity

Charity Contact

Website: www.fondationduchildren.com
This email address is being protected from spambots. You need JavaScript enabled to view it.

Print