Montreal General Hospital Foundation
Montreal, QC H3G 1A4
President & CEO: Jean-Guy Gourdeau
Board Chair: Andrew T. Molson
Charitable Reg. #: 11900 0974 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 #14
Avg. Compensation $91,414
Top 10 Staff Salary Range
|$300k - $350k||0|
|$250k - $300k||0|
|$200k - $250k||1|
|$160k - $200k||0|
|$120k - $160k||0|
|$80k - $120k||0|
|$40k - $80k||7|
About Montreal General Hospital Foundation:
Founded in 1973, Montreal General Hospital Foundation (MGHF) raises funds to support research, equipment, and training at Montreal General Hospital, McGill University Health Centre (MUHC), and the McGill academic health network. Montreal General Hospital Foundation granted $12.9m in F2017 of which $11.1m went to research and hospital services and $1.8m went to awards and scholarships.
The grant breakdown among research, equipment, and training is not provided. Each year, Montreal General Hospital Foundation provides research awards to 80 medical and nursing clinical researchers. In F2017, Montreal General Hospital (MGH) had 150,000 day visits, 36,500 emergency patient visits, 10,000 surgeries, 9,500 admissions, and 1,500 admitted trauma patients. As part of its training program, MGH had 675 residents and 580 nursing students in F2017. Through its injury prevention program, MGHF invited ten high schools to MGH’s trauma centre to educate youth and change their attitude toward risky behaviour.
Results and Impact: MGH’s surgery department established a bariatric (weight-loss) surgery treatment that is the first to reverse diabetes and prevent the consequences of diabetes. A study at McGill University Health Centre showed that exercise before surgery improves recovery — 50% for patients that exercise prior to surgery will return to their baseline health compared to 35% of patients that do not exercise before surgery. MUHC’s Peri Operative Program implements exercise, healthy eating, and physiological counselling, and over 80% of its patients return to their baseline health post-surgery.
Montreal General Hospital Foundation is a Large-sized charity with $12.0m in donations in F2017. Administrative and fundraising costs are 19% of revenues. For every dollar donated, 81 cents go to the cause, falling within Ci’s reasonable range for overhead spending. The charity has funding reserves of $150m, which cover 11.6 years of annual program costs. This coverage shows that MGHF lacks a need for funding. Total funding reserves include $47.6m in endowed funds but the charity does not break out funds endowed externally by donors.
This charity report is an update that has been sent to Montreal General Hospital Foundation. Changes and edits may be forthcoming.
Updated on July 6, 2018 by Joeyanne Cheung.
Financial RatiosFiscal year ending March
|Fundraising & admin costs as % of revenues||19.0%||16.0%||13.0%|
|Program cost coverage (%)||1,161.9%||953.7%||1,060.4%|
Summary Financial StatementsAll figures in $000s
|Fundraising & administrative costs||2,372||2,306||2,025|
|Cash flow from operations||3,978||1,925||13,227|