Montreal Sacre-Coeur Hospital Foundation
Montreal, QC H4J 1C5
CEO: Benoit Tremblay
Board President: Michel Bourgeois
Charitable Reg. #: 11892 1584 RR0001
Grade: C+The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Full-time staff #8
Avg. Compensation $64,876
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||1|
|$80k - $120k||0|
|$40k - $80k||4|
About Montreal Sacre-Coeur Hospital Foundation:
Founded in 1976, the Sacré-Coeur Hospital Foundation of Montreal raises funds in support of the Hôpital du Sacré-Coeur, one of the largest teaching hospitals in Canada.
Since its founding, the Foundation has granted more than $47m to the Hospital. In 2012, the Foundation supported the start of Advanced Sleep Medicine studies at the Hospital’s Research Centre, which has the largest multidisciplinary team on sleep medicine in Canada. The Foundation also supported the opening of a new family medicine clinic, which provides training on family medicine and care for future physicians and nurses.
Fundraising costs are 14% of donations and administrative costs are 9% of revenue. The Foundation has funding reserves of $28m (including $8m of donor-endowed funds), which cover annual program costs 9.4 times. Other costs consist of investment management fees.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||9.2%||9.0%||7.4%|
|Fundraising costs as % of donations||14.0%||10.8%||9.3%|
|Program cost coverage (%)||944.7%||667.4%||1,088.1%|
Summary Financial StatementsAll figures in $000s
|Business activities (net)||565||327||577|
|Cash flow from operations||3,359||2,585||5,374|