Montreal Children's Hospital Foundation
Montreal, QC H3Z 3B8
President: Marie-Josée Gariépy
Board Chair: Greg Rokos
Charitable Reg. #: 11892 1543 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
Full-time staff #34
Avg. Compensation $77,120
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||1|
|$160k - $200k||0|
|$120k - $160k||4|
|$80k - $120k||4|
|$40k - $80k||1|
About Montreal Children's Hospital Foundation:
Established in 1973, the Foundation works to support excellence in care at the Montreal Children's Hospital (MCH) of the McGill University Health Centre. The MCH Foundation raises funds to support research, the acquisition of cutting-edge equipment, the development of innovative clinical programs, and the advancement of teaching. MCH had 205,000 patient visits in 2014, with 5,648 of these patients admitted to the hospital.
In F2014, the Foundation granted $7.1m (59% of total program spending) to MCH for research equipment and services, $1.8m (15%) for hospital equipment and services, $1.5m (13%) for renovations, rent and other priorities, and $1.6m (13%) for other restricted contributions.
In F2014 MCH Foundation’s administrative costs were 18% of revenues, while fundraising costs were 7% of donations. The Foundation has funding reserves of $103m, of which $34m are donor-endowed. Excluding these endowed funds, reserves cover annual grants 6.6 times.
This charity report is an update that has been sent to the charity for review. Changes and edits may be forthcoming.
Updated August 12, 2015 by Zoe Best.
Financial RatiosFiscal year ending March
|Administrative costs as % of revenues||18.3%||15.5%||16.5%|
|Fundraising costs as % of donations||6.5%||5.5%||5.4%|
|Program cost coverage (%)||852.0%||646.1%||644.3%|
Summary Financial StatementsAll figures in $000s
|Cash flow from operations||6,853||5,506||5,959|