Fondation du CHUM (Fondation du Centre Hospitalier de L'Université de Montréal)

465, McGill St, Suite 800
Montreal, QC H2Y 2H1
CEO: Pascale Bouchard
Board President: Marc M. Tremblay

Charitable Reg. #:88342 9961 RR0001


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

[Charity Rating: 1/5]


Audited financial statements available only through official request for information from Charities Directorate.



Grade based on the charity's public reporting of the work it does and the results it achieves.



The demonstrated impact per dollar Ci calculates from available program information.


Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.



For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 82 cents are available for programs.

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About Fondation du CHUM (Fondation du Centre Hospitalier de L'Université de Montréal):

Fondation du CHUM is a 1-star rated charity. It has a slightly below average results reporting grade and is not financially transparent. It has $59m in funding reserves that cover its annual program costs for 5.1 years.

Founded in 1998 through the merger of foundations of Montreal’s Hotel-Dieu, Notre-Dame and Saint-Luc hospitals, Fondation du CHUM raises funds for Centre Hospitalier de L’Université de Montréal (CHUM). The foundation reports that CHUM is an internationally recognized institution for research, teaching and medical treatment for the entire Quebec population. In F2021, the foundation granted $11.6m to the hospital which went to: the new CHUM facility (35%), CHUM’s research centre (40%), equipment, research and training (21%), and research chairs and scholarships (3%).  

In F2021, Fondation du CHUM’s grants allowed the hospital to purchase new pieces of cutting-edge equipment: 4th Generation da Vinci SI Robot, C-Arm, Laser GreenLight XPS 180W, PET Camera, MRI machine, Hemodynamics Device, Endoscopic Ultrasound device and Dual Energy CT Scanner. In the face of the covid-19 pandemic, the hospital was also able to purchase 14 UV-C light robots to disinfect patient rooms and 250 smart devices through the program CHUM connecté to allow patients to stay connected with loved ones during hospital stays. The charity's grants also facilitated six fellowship bursaries and six research projects.

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Results and Impact

Fondation du CHUM reports that the UV-C light robots reduce the time it takes to disinfect patient rooms by 30 minutes and reduce the possibility of exposure to covid-19 for thousands of patients and staff. The program CHUM connecté has expanded to provide each unit with one tablet and three cellphones for patients to maintain contact with their loved ones.

Research conducted by Andres Finzi and Renee Bazin demonstrating the key role of IgM in the neutralization of the COVID-19 virus was published. A second study conducted using 3D printing allowed for the creation of a sustainable COVID-19 testing swab.

While Ci highlights these key results, they may not be a complete representation of Fondation du CHUM’s results and impact.

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In F2021, Fondation du CHUM reported donations of $14.1m. Administrative costs are 5% of total revenues (excluding investment income) and fundraising costs are 13% of total donations. For every dollar donated to the charity, 82 cents go to the cause. This is within Ci’s reasonable range for overhead spending. The charity has net funding reserves of $59.3m. Reserves can cover granting at the F2021 level for 5.1 years.

Charity Intelligence has analyzed the charity’s French audited financial statements to the best of its abilities but recognizes that detailed financial information is beyond our linguistic expertise. Material omissions may be reflected in Charity Intelligence’s analysis.

This charity report is an update that has been sent to Fondation du CHUM. Changes and edits may be forthcoming.

Updated on June 14, 2022 by Angelina Curwin.

Financial Review

Financial Ratios

Fiscal year ending March
Administrative costs as % of revenues 5.2%5.5%6.2%
Fundraising costs as % of donations 12.6%23.6%16.5%
Total overhead spending 17.8%29.2%22.7%
Program cost coverage (%) 511.7%459.3%388.1%

Summary Financial Statements

All figures in $000s
Donations 14,07313,31213,498
Fees for service 2621,5371,529
Business activities (net) 1,1944,7291,822
Investment income 9,215(522)1,793
Total revenues 24,74319,05718,641
Grants 11,58511,18111,822
Administrative costs 8091,0821,043
Fundraising costs 1,7703,1452,223
Other costs 1,0522,6711,516
Total spending 15,21618,07916,604
Cash flow from operations 9,5269772,037
Capital spending 053302
Funding reserves 59,28051,35445,880

Note: Ci is presenting for-profit activities net of expenses under business activities. Ci reconciled the charity’s audited financial statements with its T3010 filing to allocate administrative, fundraising and other costs. Ci removed amortization pro-rata from administrative and fundraising costs. Ci removed “expenses of profit activities” from other costs.

Salary Information

Full-time staff: 19

Avg. compensation: $61,713

Top 10 staff salary range:

$350k +
$300k - $350k
$250k - $300k
$200k - $250k
$160k - $200k
$120k - $160k
$80k - $120k
$40k - $80k
< $40k

Information from most recent CRA Charities Directorate filings for F2021

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Comments & Contact

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Charitable Registration Number: 80340 7956 RR0001