CHU Dumont Foundation
Moncton, NB E1C 2Z3
Executive Director: Jacques B. LeBlanc
Board Chair: René Collette
Charitable Reg. #: 89127 5141 RR0001
Grade: CThe 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 #11
Avg. Compensation $60,700
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||0|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||3|
|$40k - $80k||6|
About CHU Dumont Foundation:
Founded in 1983, Dr. Georges-L.-Dumont Hospital Foundation (CHU Dumont Foundation) raises funds for the Dr. Georges-L.-Dumont University Hospital Centre in Moncton, New Brunswick. The money given to the hospital funds equipment, research, and lodging.
In F2018, CHU Dumont Foundation granted $1.5m, of which 63% went to the purchase of equipment, 30% went to research, and 7% went to the Mgr. Henri-Cormier Lodge. The grants allowed the hospital to purchase new equipment, including a Berchtold LED light which offers the highest quality lighting for surgical procedures, and an ultrasound system which allows doctors to capture 3D and 4D images of a fetus. CHU Dumont Foundation also actively funds cancer research in New Brunswick. In F2018, CHU Dumont Foundation’s grants allowed 1,800 people from the Oncology Centre to stay in the lodge, free of charge. The lodge holds up to 85 guests at a time and provides accommodations for patients receiving cancer treatments at the Oncology Centre who live over 100km away from Moncton.
Results and Impact:
In F2018, the foundation funded the purchase of a new blood testing machine. With this machine, the hospital can now confirm HIV tests at the hospital, reducing wait times for test results from 2-4 weeks to 1-2 days.
CHU Dumont Foundation is a medium-sized charity with $3.5m in donations and special events revenue in F2018. Administrative costs were 17% of revenues (excluding investment income) and fundraising costs were 17% of donations. For each $1 donated, 65 cents go to the cause. This is within Charity Intelligence's reasonable range for overhead spending. The foundation has funding reserves of $5.9m, which could cover granting at the F2018 level for almost four years.
The charity has committed $5.3m to Regional Health Authority, $160k to Services Palliatifs Communautaires Beausejour, and $35k to Fondation Stella Maris. The amounts are not required to be paid out in F2019, but instead as projects are finalized and money is required by the Hospital.
This report is an update that has been sent to CHU Dumont Foundation. Changes and edits may be forthcoming.
Updated on July 3, 2019 by Stefan Tetzlaff.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||17.3%||21.7%||14.3%|
|Fundraising costs as % of donations||17.3%||17.3%||15.3%|
|Program cost coverage (%)||389.8%||326.5%||201.6%|
Summary Financial StatementsAll figures in $s
|Cash flow from operations||803,840||358,150||482,984|