Fondation pour la Recherche en Chirurgie Thoracique de Montréal
Public foundation · Montreal, Quebec · BN 856972872RR0001 · Foundations
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($3,280,438) as filed with the CRA.
Fondation pour la Recherche en Chirurgie Thoracique de Montréal is a public foundation based in Montreal, Quebec, classified by the CRA under foundations. In its fiscal year ending June 30, 2024, it reported $3.1M in revenue and $3.3M in expenditures.
Its funding that year was roughly 18% from donations, 59% from other charities. In 2024, 14 other registered charities reported granting it a combined $1M.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 30% of peers. Its fundraising cost per donated dollar was higher than 85% of that peer group. Its highest-paid position fell in the $80,000–119,999 range. The charity reported 3 permanent full-time positions.
Revenue has grown substantially over its filings on record here, from $733K in 2020 to $3.1M in 2024. Its filed list of directors and trustees shows 11 names.
In its own words
Le but de la fondation thoracique est le développement d'un centre d'excellence en chirurgie thoracique dans les domaines de la transplantation pulmonaire des maladies osophagiennes et de l'oncologie thoracique en collaboration avec des chaires universitaires. Elle fournit également de l'aide financière nécessaire pour l'achat d'équipement qui permet de réaliser les projets de recherches du service de la chirurgie thoracique du centre hospitalier de l'université de montréal [«chum»].
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $3.1M | $3.3M | — | $440K | $2.5M | $3.7M |
| 2023 | $1.3M | $1M | — | $349K | $399K | $3.9M |
| 2022 | $1.3M | $973K | — | $216K | $495K | $3.7M |
| 2021 | $1M | $635K | — | $164K | $150K | $3.4M |
| 2020 | $733K | $700K | — | $99K | $380K | $3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $1M from 14 charities:
- Fondation Mirella & Lino Saputo$400K
- Monaco Group Foundation$200K
- Fondation K.M.P. Folla$200K
- Fondation Mirella & Lino Saputo$100K
- Fondation Mirella & Lino Saputo$76K
- Rayjo Charitable Trust$15K
- Fondation Marcel et Rolande Gosselin$15K
- Elina & Giuseppe Borsellino Family Foundation$10K
- Fondation Mirella & Lino Saputo$9,635
- The Foundation of Greater Montreal$5,000
- WCPD Foundation$1,300
- Canadian Online Giving Foundation$1,079
- Jewish Community Foundation of Montreal$1,000
- PayPal Giving Fund Canada$133
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $80,000–119,9991 position
- $40,000–79,9992 positions
- Permanent full-time positions3
- Total compensation, all staff$163K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
André Duranceau (administrateur); Jacques Ferraro (administrateur); Eduardo Minicozzi (administrateur); Pasquale Ferraro (president); Frank Trombino (tresorier); Salvatore Mariani (vice-president); Yves Bertiaume (administrateur); Joe Marsilii (administrateur); Monique Mercier (administrateur); Valerie Menard (administrateur); Alain Larochelle.
As listed on its 2024 return.
Check the source
Every figure on this page is from Fondation pour la Recherche en Chirurgie Thoracique de Montréal’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 856972872RR0001), or read how we compute the receipt.