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Quebec · Registered charity

FONDATION DE L'INSTITUT DE CARDIOLOGIE DE MONTREAL/MONTREAL HEART INSTITUTE FOUNDATION

FONDATION DE L'INSTITUT DE CARDIOLOGIE DE MONTREAL/MONTREAL HEART INSTITUTE FOUNDATION (Quebec) receives grants from 178 organizations whose Canada Revenue Agency filings report C$46,342,365 to it, the largest being Fondation Mirella & Lino Saputo (C$4,602,000). 124 of them have funded it in more than one year.

C$37M
Revenue FY2024
178
Funders on record
C$46M
Grants received
C$136M
Net assets
124/178 repeat funderspeak grant-dependency 37%

Against its field

FONDATION DE L'INSTITUT DE CARDIOLOGIE DE MONTREAL/MONTREAL HEART INSTITUTE FOUNDATION runs a healthier operating margin than three-quarters of the 396 core health care nonprofits its size.

Operating margin18% · top quartile
Months of reserve1.2mo · below the median
Revenue growth (annualized)2% · bottom quartile

this organization peer median middle 50% of peers· 396 core health care nonprofits $10M–$100M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 (C$33M) Expenses 100 (C$33M) Net assets 100 (C$128M)2018 Revenue 75 (C$25M) Expenses 78 (C$25M) Net assets 100 (C$127M)2019 Revenue 68 (C$23M) Expenses 73 (C$24M) Net assets 99 (C$126M)2020 Revenue 42 (C$14M) Expenses 89 (C$29M) Net assets 87 (C$111M)2021 Revenue 144 (C$48M) Expenses 70 (C$23M) Net assets 106 (C$136M)2022 Revenue 69 (C$23M) Expenses 80 (C$26M) Net assets 104 (C$133M)2023 Revenue 67 (C$22M) Expenses 81 (C$27M) Net assets 101 (C$129M)2024 Revenue 111 (C$37M) Expenses 92 (C$30M) Net assets 106 (C$136M)
'17'18'19'20'21'22'23'24
Revenue (111)Expenses (92)Net assets (106)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

72% of FONDATION DE L'INSTITUT DE CARDIOLOGIE DE MONTREAL/MONTREAL HEART INSTITUTE FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (1% for the typical peer).

This organization
Typical peer · 338 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

C$643k
’17
−C$505k
’18
−C$1.4M
’19
−C$15M
’20
C$25M
’21
−C$3.1M
’22
−C$4.2M
’23
C$6.8M
’24
1.2
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 78 funders to 83 funders, grant income fell C$7.9M → C$6.6M.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
total
Conam Charitable Foundationunclassified
C$2.7M
Hewitt Foundationunclassified
C$2.0M
The Sixty Three Foundationunclassified
C$1.7M
Fondation Famille Légerunclassified
C$1.6M
Giftpact Foundation Inc.unclassified
C$1.0M
Fondation Guy Laliberteunclassified
C$800k
Fondation Groupe Monacounclassified
C$478k
Wcpd Foundationunclassified
C$433k
Fondation Michaudunclassified
C$357k
Fondation J.A. Deseveunclassified
C$310k
Fondation Norman Fortierunclassified
C$300k
Fondation Luc Mauriceunclassified
C$295k
funders
78
79
68
64
75
82
83
71

From the CRA filings of FONDATION DE L'INSTITUT DE CARDIOLOGIE DE MONTREAL/MONTREAL HEART INSTITUTE FOUNDATION’s funders (the co-funder graph). Top 30 of 178 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

How concentrated its funding is

FONDATION DE L'INSTITUT DE CARDIOLOGIE DE MONTREAL/MONTREAL HEART INSTITUTE FOUNDATION has a broad base — no single funder exceeds 10% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FONDATION DE L'INSTITUT DE CARDIOLOGIE DE MONTREAL/MONTREAL HEART INSTITUTE FOUNDATION.

10%
largest funder
28%
top three
~18
effective funders

Largest funder’s share by year: 2017 19% · 2018 19% · 2019 36% · 2020 19% · 2021 18% · 2022 22% · 2023 25% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

How long its funders stay

44% of FONDATION DE L'INSTITUT DE CARDIOLOGIE DE MONTREAL/MONTREAL HEART INSTITUTE FOUNDATION's funders are still giving 3 years after their first grant; 70% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

71% of FONDATION DE L'INSTITUT DE CARDIOLOGIE DE MONTREAL/MONTREAL HEART INSTITUTE FOUNDATION's grant income comes from Quebec funders.

In-province vs out-of-province, by year

’17
’18
’19
’20
’21
’22
’23
Quebec out of province

Funder regions come from each funder’s own filing. C$5.3M arriving through sponsors registered in 2 regions is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 178 funders put you well-backed among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like FONDATION DE L'INSTITUT DE CARDIOLOGIE DE MONTREAL/MONTREAL HEART INSTITUTE FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every charity on the CRA register — the closest peers, and often the clearest route to shared or prospective funders.

In Quebec

Fondation de L'Institut Universitaire de Cardiologie Et de Pneumologie de Québec84%Fondation de l'Institut de Recherches Cliniques de Montréal83%La Fondation de L'Hôpital Général de Montréal the Montréal General Hospital Foundation82%Fondation Epic82%Fondation du Centre universitaire de santé McGill McGill University Health Centre Foundation82%Fondation Institut de Geriatrie de Montreal81%Fondation de L'Hopital Royal Victoria/Royal Victoria Hospital Foundation81%Fondation pour la Recherche en Chirurgie Thoracique de Montréal80%

Nationally

Fondation de L'Institut Universitaire de Cardiologie Et de Pneumologie de Québec84%Fondation de l'Institut de Recherches Cliniques de Montréal83%University of Ottawa Heart Institute Foundation Fondation de L'Institut de Cardiologie de L'Universite D'Ottawa82%La Fondation de L'Hôpital Général de Montréal the Montréal General Hospital Foundation82%Fondation Epic82%Fondation du Centre universitaire de santé McGill McGill University Health Centre Foundation82%Fondation Institut de Geriatrie de Montreal81%Fondation de L'Hopital Royal Victoria/Royal Victoria Hospital Foundation81%
04Profile & governance

Read directly from this organization’s own T3010 return, as neutral context.

Where the money goes

81% of spending goes to programs.

Program 81%Management 4%Fundraising 14%

Governance

50
board members

Questions and answers

Who funds FONDATION DE L'INSTITUT DE CARDIOLOGIE DE MONTREAL/MONTREAL HEART INSTITUTE FOUNDATION?
FONDATION DE L'INSTITUT DE CARDIOLOGIE DE MONTREAL/MONTREAL HEART INSTITUTE FOUNDATION (Quebec) receives grants from 178 organizations whose Canada Revenue Agency filings report C$46,342,365 to it, the largest being Fondation Mirella & Lino Saputo (C$4,602,000). 124 of them have funded it in more than one year.
How many funders does FONDATION DE L'INSTITUT DE CARDIOLOGIE DE MONTREAL/MONTREAL HEART INSTITUTE FOUNDATION have?
Canada Revenue Agency filings report 178 organizations giving C$46,342,365 in grants to FONDATION DE L'INSTITUT DE CARDIOLOGIE DE MONTREAL/MONTREAL HEART INSTITUTE FOUNDATION, 124 of which have funded it in more than one year.
Who is the largest funder of FONDATION DE L'INSTITUT DE CARDIOLOGIE DE MONTREAL/MONTREAL HEART INSTITUTE FOUNDATION?
Fondation Mirella & Lino Saputo is the largest funder on record, with C$4,602,000 in grants. The full list of funders is on this page.
How can an organization like FONDATION DE L'INSTITUT DE CARDIOLOGIE DE MONTREAL/MONTREAL HEART INSTITUTE FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Quebec.

These figures are read directly from the CRA's published T3010 data: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 178 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported September 23, 2026. What this page cannot tell you · View the T3010 on the CRA register