CHU Sainte-Justine Foundation
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
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.
82%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 82 cents are available for programs.
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OVERVIEW
About CHU Sainte-Justine Foundation:
CHU Sainte-Justine Foundation is a 3-star charity. It has a B- Results Reporting grade, which is below average. Its overhead spending is 18%, within Ci’s reasonable range. Its reserve funds can cover three years and three months of annual program costs, outside Ci’s reasonable limit.
Founded in 1987 with the merger of the Fondation Justine Lacoste-Beaubien and the Fondation Sainte-Justine, CHU Sainte-Justine Foundation raises funds to care for mothers-to-be, children, and their families. It focuses on risky pregnancies, cancer care, genetic disorders and heart care.
In F2024, CHU Sainte-Justine Foundation granted $40.7m to the CHU Sainte-Justine hospital, going towards Research, Infrastructure, Health Care, and Teaching.
Research, which is focused on innovative medical techniques, received 63% of funding. In F2024, three CHU Sainte-Justine researchers received grants of $100k over two years. The charity introduced Apprendre Ensemble, an initiative that combines research and intervention to prevent bullying in early childhood. In F2024, the charity partnered with SickKids in Toronto to advance Precision Child Health, which is a personalized, comprehensive approach to medicine that uses advanced tools to improve patient care and develop innovative treatments. The partnership’s Catalyst program, which provides financial support for collaborations between the two organizations to advance Precision Child Health, awarded $2.4m to eight innovative projects. These collaborative projects include a study on the effects of Sanflippo syndrome, a study on specialized treatment for congenital heart and vascular disease, and a project exploring how AI tools can support decision-making in pediatric intensive care.
Infrastructure received 26% of funding. The Centre d’Investigation Clinique, a pharmacy dedicated to research, is currently being built with funding from the foundation’s partner Opération Enfant Soleil. As of F2024, the ophthalmology clinic will be upgraded with two new examination rooms, with state-of-the-art equipment and portable instruments. The foundation stated that this change will allow the team of ten members to treat approximately 100 more patients a week, reducing wait list time.
Healthcare received 7% of funding, allowing for new technologies and specialized care in the hospital. In F2024, the foundation reported that the CHU Sainte-Justine blood test centre welcomed about 200 patients a day.
Teaching received 4% of funding, The charity reported that Sainte-Justine trains over 80% of Quebec’s pediatricians and welcomes over 3,500 students each year. In F2024, 34 nurses received funding scholarships to enhance their nursing skills. It reported that a record of 46 scholarships were given out in F2024 and that 28 departments benefited from academic funds.
The charity launched Grow Beyond in F2023, which aims to raise $500 million by 2028 to provide resources to seize opportunities in science and technology.
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Results and Impact
In F2024, research funded by CHU Sainte-Justine Foundation led to the 3D printing of a functional heart valve, combining innovative materials with the patient’s own living cells to reduce risk of rejection. Additionally, the funding led to the identification of a key mechanism behind muscle degeneration in myotonic dystrophy (DM1). This breakthrough was recognized by the Quebec Science magazine as one of the ten most important discoveries of 2023.
This may not be a complete representation of CHU Sainte-Justine Foundation’s results and impact.
This foundation is not yet rated on impact (n/r), which does not affect its star rating.
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Finances
CHU Sainte-Justine Foundation’s audited financial statements follow activity-based costing, which is a best practice.
The charity received $55.7m in donations in F2024. The foundation spent $4.1m on administration in F2024, which is 7% of revenues (less investment income). It spent $6.5m on fundraising, which is 12% of donations. For every dollar donated, 82 cents are available to go to the cause, within Ci’s reasonable range.
CHU Sainte-Justine Foundation has $152.6m in funding reserves, of which $21.7m is donor endowed. Excluding donor-endowed funds, the charity could cover 331%, or three years and three months of annual program costs.
In F2024, CHU Sainte-Justine Foundation had investment returns of 9%. Its investment returns have averaged 4% over the past five years.
Profile updated by Leah Holmes on August 1, 2025. Comments and corrections may be forthcoming.
Financial Review
Fiscal year ending March
|
2024 | 2023 | 2022 |
|---|---|---|---|
| Administrative costs as % of revenues | 6.8% | 6.4% | 5.8% |
| Fundraising costs as % of donations | 11.6% | 12.3% | 11.3% |
| Total overhead spending | 18.5% | 18.8% | 17.0% |
| Program cost coverage (%) | 330.7% | 481.4% | 769.6% |
Summary Financial StatementsAll figures in $000s |
2024 | 2023 | 2022 |
|---|---|---|---|
| Donations | 55,710 | 44,652 | 41,219 |
| Business activities (net) | 4,290 | 3,279 | 3,598 |
| Investment income | 12,645 | (1,936) | 1,195 |
| Total revenues | 72,645 | 45,995 | 46,012 |
| Grants | 40,665 | 24,232 | 13,484 |
| Administrative costs | 4,095 | 3,078 | 2,583 |
| Fundraising costs | 6,487 | 5,509 | 4,651 |
| Total spending | 51,247 | 32,819 | 20,718 |
| Cash flow from operations | 21,398 | 13,176 | 25,294 |
| Capital spending | 152 | 329 | 469 |
| Funding reserves | 152,600 | 132,104 | 118,443 |
Note: Ci reported business activities, which include the management of the hospital’s parking lot, net of expense. This affected revenues by ($1.5m) in F2024, ($1.8m) in F2023, and ($1.9m) in F2022. Ci adjusted for deferred revenues from activities, affecting revenues by $39k in F2024, ($200k) in F2023, and ($12k) in F2022. Ci removed amortization pro-rata from administrative and fundraising costs.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
1 |
$200k - $250k |
1 |
$160k - $200k |
2 |
$120k - $160k |
6 |
$80k - $120k |
0 |
$40k - $80k |
0 |
< $40k |
0 |
Information from most recent CRA Charities Directorate filings for F2024
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Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 514-345-4710