Charity BreakdownCanadian charity filings, itemized

The Montreal General Hospital Foundation

Public foundation · Montreal, Quebec · BN 119000974RR0001 · Foundations · website

Your $100, itemizedThe Montreal General Hospital FoundationFiscal year ended March 31, 2024
Gifts to other charities$81
Fundraising$10
Management & admin$9
TOTAL$100
Registered

Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($24,914,284) as filed with the CRA.

The Montreal General Hospital Foundation is a public foundation based in Montreal, Quebec, classified by the CRA under foundations. In its fiscal year ending March 31, 2024, it reported $25.9M in revenue and $24.9M in expenditures.

Its funding that year was roughly 42% from donations, 40% from other charities. In 2024, 83 other registered charities reported granting it a combined $10.4M.

Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 37% of peers. Its highest-paid position fell in the $350,000 and over range. The charity reported 27 permanent full-time positions.

As a grantmaker, it reported gifts to 7 qualified donees totalling $20.1M in 2024, the largest being $12.1M to McGill University Health Centre. Its filed list of directors and trustees shows 19 names.

In its own words

Distribute funds to the benefit of the montreal general hospital mcgill university health centre and affiliated entities of mcgill university academic health centre and other organizations of the quebec health network for equipment research teaching renovations and program support.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$25.9M$24.9M$2.6M$20.1M$241.9M
2023$29.3M$16.7M$2.2M$12.7M$212.2M
2022$46.3M$18M$2M$14.3M$205.2M
2021$27.1M$17.2M$2M$13.7M$196.2M
2020$34.6M$19.1M$2M$15.6M$146M

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Public foundation — endowment and payout, March 31, 2024

Held at year end$248.2M$248,242,173 in total assets
Given away$20.1Mto 7 charities
That is8.1%of what it holds
Where the money came from
  • From other charities$10,224,372
  • Receipted donations$7,899,176
  • Investment income$7,186,047
  • Other gifts$2,983,928
  • Other income$317,294

This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.

Money between charities, 2024

Received $10.4M from 83 charities:

As reported on the donors’ own T3010 qualified-donee schedules.

What it pays

Its ten highest-paid positions, by band:

  • $350,000 and over1 position
  • $250,000–299,9991 position
  • $200,000–249,9991 position
  • $160,000–199,9992 positions
  • $120,000–159,9993 positions
  • $80,000–119,9992 positions
  • Permanent full-time positions27
  • Total compensation, all staff$3.3M

Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.

Directors & trustees (2024)

Jean-Christophe Bedos (chair); Elise Nesbitt (vice-chair); Jean-Guy Gourdeau (director); Adam Adamakakis (director); Gail Adelson-Marcovitz (director); Kim Anderson (director); Daniel Baer (director); Cristina Birks (director); Vincenzo Ciampi (director); Dominic Constantini (director); Sophie Cousineau (director); Liane Feldman (director); Jane Hope (director); Patrice Ouimet (director); Yvon Roy (director); Peter Trent (director); Ann Lynch (director); Judith Menard (director); Stephanie Riddell (president/ceo/director).

As listed on its 2024 return.

Check the source

Every figure on this page is from The Montreal General Hospital Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119000974RR0001), or read how we compute the receipt.