At December 31, 2022, the Foundation of Greater Montréal’s total assets under management stood at $381.5 million.

FGM remains the largest community foundation in Quebec. Since its inception, it has distributed close to $155 million to Greater Montréal community organizations.

Those assets are spread across 761 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 2022 at a glance

$36.2M in new contributions

Thanks to contributions exceeding $36 million and sound management, and despite a -9,93% gross rate of return caused by a falling stock market, FGM remains in solid financial health.

$34.4M in grants

The sum total of FGM’s grants in 2022 are up 40% compared to the previous year. This means an extra $10 million for Greater Montreal’s community organizations and nonprofits and a new record for the Foundation.

458 supported organizations

In order to support the needs of the community in Greater Montréal, FGM supported the initiatives and services of more than 450 local organizations across its territory.

Breakdown of FGM grants by the Sustainable Development Goals (SDGs) – 2022

SDG 1 – No Poverty

$277,003

2.2%

SDG 2 – Zero Hunger

$765,965

6.1%

SDG 3 – Good Health and Well-Being

$1,848,036

14.8%

SDG 4 – Quality Education

$695,844

5.6%

SDG 5 – Gender Equality

$300,000

2.4%

SDG 8 – Decent Work and Economic Growth

$40,000

0.3%

SDG 10 – Reduced Inequalities

$1,082,125

8.7%

SDG 11 – Sustainable Cities and Communities

$187,480

1.5%

SDG 12 – Responsible Production and Consumption

$63,500

0.5%

SDG 13 – Climate Action

$55,000

0.4%

SDG 14 – Life Below Water

$500

less than 0.01 %

SDG 15 – Life on Land

$115,200

0.9%

SDG 16 – Peace, Justice and Strong Institutions

$183,280

1.5%

Arts and culture

$6,404,039

51.4%

Multi-SDG*

$449,453

3.6%

*In order to offer a more representative picture of our granting, we have chosen to exclude two grants from the graphic, totalling $21,945,548.97. Both of them were in the Multi-SDG category and their inclusion would have had the effect of completely overshadowing the other categories. If we include them, the Multi-SDG category represents 65.1% of funds distributed, that is, $22,395,002. If we exclude them, that category then constitutes 3.6% of funds distributed, or $449,453.

To learn more, read our annual reports.

Evolution of the Foundation over the past 5 years

2022

$381.5M
Assets
-9.93%
Performance
761
Funds
$34.4M
Grants
458
Supported organizations

2021

$422M
Assets
9.15%
Performance
752
Funds
$24.4M
Grants
538
Supported organizations

2020

$373M
Assets
11.3%
Performance
704
Funds
$33.4M
Grants
770
Supported organizations

2019

$345M
Assets
14.2%
Performance
645
Funds
$12.7M
Grants
491
Supported organizations

2018

$308M
Assets
-1%
Performance
650
Funds
$8.5M
Grants
467
Supported organizations