Institut de Recherches Cliniques de Montreal
Publicly funded institution · Montreal, Quebec · BN 107508194RR0001 · Support of Schools and Education · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($49,117,036) as filed with the CRA.
Institut de Recherches Cliniques de Montreal is a charitable organization based in Montreal, Quebec, classified by the CRA under support of schools and education. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending March 31, 2024, it reported $47.3M in revenue and $49.1M in expenditures.
Its funding that year was roughly 72% from government, 11% from other charities. Government funding is the majority of its budget. In 2024, 11 other registered charities reported granting it a combined $730K.
Compared with 733 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 19% of peers. Its highest-paid position fell in the $300,000–349,999 range. The charity reported 396 permanent full-time positions.
Its filed list of directors and trustees shows 15 names.
In its own words
L'institut de recherches cliniques de montréal est un organisme à but non lucratif voué à la recherche biomédicale. L'institut s'est donné pour mission l'amélioration de la santé des individus par la recherche de causes de maladies la découverte de nouvelles approches thérapeutiques et la formation de chercheurs et étudiants.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $47.3M | $49.1M | $37M | — | — | $45.8M |
| 2023 | $46.8M | $47.2M | $35.5M | — | — | $47.5M |
| 2022 | $43.1M | $46.1M | $33.4M | — | — | $47.8M |
| 2021 | $46.5M | $52.2M | $38.5M | — | — | $50.6M |
| 2020 | $57.8M | $48.1M | $34.1M | — | — | $56.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $730K from 11 charities:
- Cancer Research Society$209K
- Richard and Edith Strauss Foundation$200K
- Diabetes Canada Diabète Canada$174K
- Fondation J-Louis Lévesque$100K
- PKD Foundation of Canada$29K
- PayPal Giving Fund Canada$7,560
- Brain Canada Foundation$7,500
- Fondation Philantra Philantra Foundation$4,000
- United Way East Ontario / Centraide Est de l'Ontario$52
- Canadian Online Giving Foundation$25
- Canadahelps Canadon$19
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $300,000–349,9991 position
- $250,000–299,9992 positions
- $200,000–249,9997 positions
- Permanent full-time positions396
- Total compensation, all staff$30.9M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Véronique Boileau (administrateur); André J.P. Couillard (vice-président); Marinella Ermacora (présidente); Brian Gelfand (administrateur); Richard Mayrand (administrateur); Richard Payette (administrateur); Daniel Jutras (administrateur); Hélène Boisjoly (administrateur); Ghislain Parent (administrateur); Marie Giguère (administrateur); Annie Pullen Sansfaçon (administrateur); Nicole Beauchemin (administrateur); Michèle De Guise (administrateur); Didier Leconte (administrateur); Marie-Chantal Dréau (administrateur).
As listed on its 2024 return.
Check the source
Every figure on this page is from Institut de Recherches Cliniques de Montreal’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 107508194RR0001), or read how we compute the receipt.