Fondation de l'Hopital Maisonneuve-Rosemont is a two-star charity with reserves that can cover over 27 years of its annual program costs. It has a B- results reporting grade, which is below average. For every dollar donated to the charity, 58 cents are available to go to the cause, which is outside Ci's reasonable range.

Founded in 1978, Fondation de l’Hopital Maisonneuve-Rosemont (FHMR) raises funds for research, patient care, and education at Hopital Maisonneuve-Rosemont, the largest hospital centre in Eastern Montreal. The hospital specializes in the fields of ophthalmology (study of eye diseases), immunology-oncology (cancer treatment), and nephrology (study of kidney diseases). Hopital Maisonneuve-Rosemont reports it serves 26% of Montreal’s population.

In F2022, FHMR allocated $3.9 million to the hospital.

Research received 63% of grants in F2022. FHMR’s research focuses on young adult leukemia, Stickler Syndrome (an optical disease), and immuno-oncology. The charity funds 112 clinical researchers and 42 regular researchers at the hospital.

Patient Care received 25% of grants in F2022. The hospital received 55,852 visits to the ER in F2022. It also performed 11,588 surgeries and 2,254 births. The Designated University Centre for Ophthalmology treated 23,759 patients in F2022. The hospital’s Immuno-Oncology Department treated 10,636 patients and its Nephrology department treated 4,816 patients in the year.

Teaching received 12% of grants in F2022. The program educates medical professionals on best practices and grants scholarships to students. The charity disclosed $100,000 went toward respiratory therapy scholarships, $100,000 went toward ophthalmology training, and $20,000 went toward research internships. It did not provide a breakdown of the remaining $250,000. 

Fondation de l’Hopital Maisonneuve-Rosemont received $10.2m in donations and special events revenue in F2022, of which $1.2m came from Polyservices Maisonneuve-Rosemont Inc, a facility within the hospital. Administrative costs are 17% of revenue (excluding investment income), and fundraising costs are 26% of donations and special events revenue (excluding related party donations). This results in total overhead spending of 42%. For every dollar donated to the charity, 58 cents are available to go to the cause, which is outside Ci’s reasonable range.

The charity has $109.2m in reserve funds, net of interest-bearing liabilities. Its reserves can cover 2,768%, or 27 years and eight months of its annual program costs.

FHMR's $115.8m in investments returned ($9.3m) in F2022 for a return of -8%. Its investments have returned an an average of 6% over the past five years. 

This charity report is an update that has been sent to Fondation de l’Hopital Maisonneuve-Rosemont for review. Changes and edits may be forthcoming.

Updated on August 22, 2023 by Liam Chapleau.