FGM by the numbers
At December 31, 2023, the Foundation of Greater Montréal’s total assets under management stood at $414.5 million.
FGM remains the largest community foundation in Quebec. Since its inception, it has distributed close to $190 million to Greater Montréal community organizations.
Those assets are spread across 781 different funds
These funds support causes, community organizations and projects in all sectors of our collective life, from medical research to culture and the arts, as well as environmental protection, access to quality education, Reconciliation with First Peoples, food security, homelessness, mental health and more.
The year 2023 at a glance
$41.3M in new contributions
Thanks to its sound management, contributions exceeding $41 million and a 11.2% gross rate of return, FGM remains in solid financial health and maintains its capacity to intervene in the Greater Montreal community.
$33.1M in grants
The sum total of FGM’s grants in 2023 kept on with the record levels reached in the past few years.
624 supported organizations
In order to support the needs of the community in Greater Montréal, FGM supported the initiatives and services of more than 600 local organizations across its territory.