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Registered as FONDATION DE L'INSTITUT DE CARDIOLOGIE DE MONTREAL/MONTREAL HEART INSTITUTE FOUNDATION
$37,004,316
$30,186,456
It took in $6,817,860 more than it spent, and retained the difference. Neither is good or bad on its own — charities hold reserves, run capital campaigns, and spend down endowments, and the return does not say which.
| Year | Money in | Money out |
|---|---|---|
| 2017 | $33.3M | $32.7M |
| 2018 | $24.8M | $25.3M |
| 2019 | $22.5M | $23.9M |
| 2020 | $14.1M | $29.1M |
| 2021 | $48.0M | $22.8M |
| 2022 | $23.0M | $26.0M |
| 2023 | $22.4M | $26.6M |
| 2024 | $37.0M | $30.2M |
| What it went on | CRA line | Amount | Share |
|---|---|---|---|
| Charitable programs | 5000 | Not reported | — |
| Management and administration | 5010 | $1,297,577 | 23.0% |
| Fundraising | 5020 | $4,341,521 | 77.0% |
| Total expenditures excluding gifts | 4950 | $5,639,098 |
This charity did not report a charitable programs figure. That is not the same as zero. Only one charity in five reports a fundraising figure at all, and the return does not require it.
It reported giving $24,547,358 to other qualified donees — registered charities and similar organisations. This sits outside the breakdown above, which covers the charity’s own spending. Line 5050.
Canadian charities report how many of their ten highest-paid positions fall in each pay band. Not who they are, and not what any one person earns — the return does not collect that, and it cannot be worked out from what follows.
10 positions reported in total.
| Permanent full-time positions | 300 | 30 |
|---|---|---|
| Part-time or part-year employees | 370 | 3 |
| Total spent on all compensation | 390 | $3,224,883 |
Charities that hold significant property not used in their programs must spend a minimum amount each year — the disbursement quota. Fondation de L'institut de Cardiologie de Montreal/Montreal Heart Institute Foundation files this schedule; most charities do not.
| Required to spend | 840 | $6,625,809 |
|---|---|---|
| Counted toward the quota | 860 | $24,547,358 |
| Difference | 865 | $17,921,549 above the quota |
Charities may also carry a disbursement excess forward for five years, so a single year is a slice of a longer calculation rather than the whole of it.
The most recent return this charity has filed — not its position today. Charities have six months to file and the CRA publishes annually.
These are the charity’s own figures. A surprising figure is at least as likely to be a filing error as a finding.
This site cannot confirm whether 101837896 RR 0001 is registered today. Its filings are public open data; current registration status is not, and the CRA’s own listing is the only authoritative source. Check this charity on the CRA Charities Listing.
Source: Canada Revenue Agency — List of charities (T3010). Data current as of 2024 filing year. Filed by the charity and not audited by the CRA. Contains information licensed under the Open Government Licence – Canada.