Montreal Sacre-Coeur Hospital Foundation
Montreal, QC H4J 1C5
Board President: Michel Bourgeois
CEO: Benoit Tremblay
Charitable Reg. #: 11892 1584 RR0001
Grade: B-The grade is based on the charity's public reporting of the work it does and the results it achieves.
Need for Funding
Cents to The Cause
Full-time staff #8
Avg. Compensation $90,484
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||5|
About Montreal Sacre-Coeur Hospital Foundation:
Founded in 1976, Sacré-Coeur Hospital Foundation of Montreal raises funds in support of Hôpital du Sacré-Coeur Montréal (HSCM), one of the largest teaching hospitals in Canada. The hospital is part of the Centre for Integrated Health and Social Services on the North Island of Montreal. The hospital has the second largest catchment area in Montreal, serving 22% of the total Montreal population. Services at the hospital include: emergency and intensive care; cardiology and cardiac surgery; respiratory health; mental health; tertiary orthopedics; and minimally invasive gastric surgery.
Since its founding, the Foundation has granted more than $75m to the hospital. In F2016, $2.2m was granted to the hospital, of which 23% ($500k) was allocated to research, according the Foundation's annual report. The research centre has 60 researchers, 112 associate researchers and 176 students who cover 3 sectors of research: chronic illness, neurophysiology, and traumatology. Approximately 300 papers have been published by the HSCM research team.
In F2016, the Foundation announced that $12.4m would be granted to the hospital to build a new trauma centre, mother and child unit, and endoscopy unit. The new building will have 10 beds, 6 additional rooms, 2 intervention rooms, and 8 neonatal incubators. It is expected to be opened in 2019 and completed in 2020.
Sacré-Coeur Hospital Foundation of Montreal is a medium-sized charity with $4.1m in donations and special events fundraising in F2015. Administrative costs were 18% of revenues and fundraising costs were 26% of donations. As such, for every $1 donated, 56 cents went to grants to the hospital. This falls outside of Charity Intelligence’s reasonable range of overhead spending.
The Foundation has $41.5m in funding reserves, of which $50k are donor-endowed funds. Excluding donor-endowed funds, the Foundation’s funds can cover annual grants to the hospital 9.8 times.
This charity report is an update that is currently being reviewed by Sacré-Coeur Hospital Foundation of Montreal. Changes and edits may be forthcoming.
Updated on June 26, 2017 by Juliana Badovinac.
Financial RatiosFiscal year ending December
|Administrative costs as % of revenues||18.1%||13.0%||9.9%|
|Fundraising costs as % of donations||25.6%||17.7%||14.4%|
|Program cost coverage (%)||977.5%||846.6%||1,187.4%|
Summary Financial StatementsAll figures in $000s
|Business activities (net)||1,040||942||734|
|Cash flow from operations||(394)||2,553||8,737|