CHU Dumont Foundation
STAR RATINGCi's Star Rating is calculated based on the following independent metrics: |
✔+
FINANCIAL TRANSPARENCY
Audited financial statements for current and previous years available on the charity’s website.
D
RESULTS REPORTING
Grade based on the charity's public reporting of the work it does and the results it achieves.
n/r
DEMONSTRATED IMPACT
The demonstrated impact per dollar Ci calculates from available program information.
NEED FOR FUNDING
Charity's cash and investments (funding reserves) relative to how much it spends on programs in most recent year.
54%
CENTS TO THE CAUSE
For a dollar donated, after overhead costs of fundraising and admin/management (excluding surplus) 54 cents are available for programs.
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OVERVIEW
About CHU Dumont Foundation:
CHU Dumont Foundation is a 1-star charity. It has a D Results Reporting grade, which is below average. Its overhead costs are outside of Ci’s reasonable range. The charity’s reserves can cover program costs for just under twelve years and seven months, which is well outside of Ci’s reasonable range. Please read Ci’s report before you give.
Founded in 1983, CHU Dumont Foundation raises funds for Dr. Georges-L.-Dumont University Hospital Centre in Moncton, New Brunswick. The charity’s grants go to equipment, research, and patient experience. In the fiscal year ending in March (F2025), it granted $1.1m to the hospital.
CHU Dumont Foundation grants to the hospital to purchase equipment. It purchased a surgical robot in 2023. This is the most recent purchase that the charity reported. It reports other purchases on its website, which are not dated, such as a MADLI device that is used in the Microbiology Lab, a Breast tomosynthesis that allows for the early detection of cancer, and a Roche Lightcycler 480 PCR device for fast detection of viruses responsible for viral pneumonia.
CHU Dumont Foundation funds research at the Atlantic Cancer Research Institute. The charity does not report on specific research projects.
CHU Dumont Foundation grants money to the hospital to improve patient experience. The charity does not report what it did in F2025, but it lists past projects. These include the renovation of two palliative care rooms, construction of a patio for palliative care patients, and upgrades to improve patient comfort at the Dr. Léon-Richard Oncology Centre and the Mgr. Henri-Cormier Lodge.
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Results and Impact
Ci did not find any quantified outcomes of the charity’s work. This may not completely reflect its results and impact.
CHU Dumont Foundation is not yet rated on impact (n/r). This does not affect the star rating.
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Finances
CHU Dumont Foundation’s audited financial statements follow line-item costing, which is not a best practice. The charity received $625k in donations and $2.3m in special event revenue in F2025. The total of $3.0m is 81% of revenue. It received $692k in investment income.
The charity granted $1.1m to the hospital in F2025, which is 31% of revenue. It ran a surplus of $1.1m, which is 31% of revenue. The charity spent $270k on fundraising, which is 9% of donations, and $1.1m on administration, which is 37% of revenue, less investment income. For every dollar donated to the charity, 54 cents are available to go to the cause. This is outside of Ci’s reasonable range. From 2023 through 2025, the charity granted $2.6m to the hospital while it spent $3.6m on administrative and fundraising costs.
CHU Dumont Foundation has $14.1m in its reserves (cash and investments). These funds can cover program costs for just under twelve years and seven months, which is well outside of Ci’s reasonable range.
The charity has committed to grant $9.3m to the hospital. The amount is paid as projects arise or as the hospital requests.
Updated on August 8, 2025 by Joshua Leduc. This update has been sent to the charity and changes may be forthcoming.
Financial Review
Fiscal year ending March
|
2025 | 2024 | 2023 |
---|---|---|---|
Administrative costs as % of revenues | 37.2% | 16.5% | 41.4% |
Fundraising costs as % of donations | 9.1% | 3.4% | 4.0% |
Total overhead spending | 46.3% | 19.9% | 45.3% |
Program cost coverage (%) | 1,264.0% | 1,780.9% | 1,212.9% |
Summary Financial StatementsAll figures in $s |
2025 | 2024 | 2023 |
---|---|---|---|
Donations | 625,108 | 1,870,036 | 705,468 |
Government funding | 0 | 0 | 0 |
Lotteries (net) | 0 | 0 | 0 |
Special events | 2,334,724 | 3,086,669 | 2,133,564 |
Investment income | 691,630 | 577,377 | 204,285 |
Other income | 0 | 0 | 2,257 |
Total revenues | 3,651,462 | 5,534,082 | 3,045,574 |
Program costs | 0 | 0 | 0 |
Grants | 1,117,114 | 715,289 | 736,955 |
Administrative costs | 1,099,538 | 818,065 | 1,174,759 |
Fundraising costs | 270,102 | 167,014 | 112,901 |
Other costs | 38,185 | 33,736 | 56,540 |
Total spending | 2,524,939 | 1,734,104 | 2,081,155 |
Cash flow from operations | 1,126,523 | 3,799,978 | 964,419 |
Capital spending | 22,051 | 87,075 | 0 |
Funding reserves | 14,120,863 | 12,738,699 | 8,938,729 |
Note: 1. Ci did not include bad debt as an expense, which affected expenses by ($5k) in F2025.
Salary Information
$350k + |
0 |
$300k - $350k |
0 |
$250k - $300k |
0 |
$200k - $250k |
0 |
$160k - $200k |
0 |
$120k - $160k |
0 |
$80k - $120k |
4 |
$40k - $80k |
3 |
< $40k |
2 |
Information from most recent CRA Charities Directorate filings for F2024
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Comments & Contact
Comments added by the Charity:
Charity Contact
This email address is being protected from spambots. You need JavaScript enabled to view it. Tel: 506-862-4285