Fondation De L'institut De Cardiologie De Montréal/Montréal Heart Institute Foundation

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About Fondation De L'institut De Cardiologie De Montréal/Montréal Heart Institute Foundation

Overview

Fondation de l'Institut de Cardiologie de Montreal/Montreal Heart Institute Foundation is dedicated to providing grants for research, medical equipment, and other associated costs at the Montreal Heart Institute. Their programs focus on supporting advancements in cardiovascular health and treatment, ultimately aiming to improve patient outcomes and quality of life. Through fundraising efforts and community engagement, the foundation plays a crucial role in driving innovation and progress in the field of cardiology. By collaborating with healthcare professionals and researchers, they strive to make a meaningful impact on heart health both locally and globally.

Mission

The Montreal Heart Institute Foundation exists to raise and administer funds in support of the innovative and priority projects of the Montreal Heart Institute, enabling the Institute to fulfill its four-part mission of care, research, teaching, and prevention. By mobilizing philanthropic resources — raising approximately $25 million annually and more than $450 million since its founding in 1977 — the Foundation acts as a decisive lever for one of the world's leading cardiology institutions in its fight against cardiovascular disease.

Vision

The Montreal Heart Institute Foundation works toward a future in which cardiovascular disease — the world's leading cause of mortality — is significantly reduced. It supports the Montreal Heart Institute's ambition of reducing incidents caused by cardiovascular diseases by 30% by 2030, guided by values of integrity, listening, respect, and a commitment to innovation and excellence in service of patients and communities locally, nationally, and globally.

Unique value proposition

The Montreal Heart Institute Foundation is uniquely positioned as the philanthropic engine behind one of the largest and most pioneering cardiology institutes in the world — an institution that performed Canada's first heart transplant in 1968, houses the country's largest cardiology research, cardiovascular prevention, and cardiovascular genetics centres, and was ranked the number one research hospital in Canada for researcher intensity. With more than $450 million raised since inception and a growing portfolio of targeted initiatives — including a $25 million Women's Cardiovascular Health Fund and landmark precision medicine investments — the Foundation channels donor generosity into measurable advances for the approximately 55,000 patients the ICM serves each year and for cardiovascular health broadly.

Financial overview

Revenue (2025)
$40,521,158
Expenses (2025)
$40,799,694
Total assets
$144,380,164
Liabilities
$8,825,006
Year Revenue Expenses Program Admin Fundraising
2025 $40,521,158.00 $40,799,694.00 $0.00 $1,995,592.00 $4,746,392.00
2024 $37,004,316.00 $30,186,456.00 $0.00 $1,297,577.00 $4,341,521.00
2023 $22,429,527.00 $26,595,472.00 $0.00 $3,048,821.00 $1,811,854.00
2022 $22,952,980.00 $26,022,138.00 $0.00 $2,821,061.00 $1,500,550.00
2021 $47,988,682.00 $22,787,129.00 $0.00 $2,955,491.00 $1,399,209.00
2020 $14,106,436.00 $29,130,372.00 $0.00 $2,394,227.00 $1,473,462.00

Financial data sourced from the Canada Revenue Agency.

Revenue, expenses and assets

Revenue sources

Assets and liabilities

Spending mix by year

Leadership team

KB

Karl Blackburn

President and Chief Executive Officer

JG

Jacques Goulet

Chair, Board of Directors

AG

Alain Gignac

Former President and Chief Executive Officer

DL

Daniel Lamarre

Former Chair, Board of Directors

NR

Nathalie Rochette

Vice-President

IR

Isabelle Rousseau

Director of Events and Partnerships

MC

Mélanie La Couture

President and CEO, Montreal Heart Institute

PA

Pierre Anctil

Chairman, Board of Directors, Montreal Heart Institute

Trusted by

NWM Acts of Grace Charis CNCF

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