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.

Breakdown of FGM grants by the Sustainable Development Goals (SDGs) – 2023

SDG 1 – No Poverty

$1,256,256

7.39%

SDG 2 – Zero Hunger

$372,176

2.17%

SDG 3 – Good Health and Well-Being

$3,974,754

23.22%

SDG 4 – Quality Education

$1,120,958.27

6.55%

SDG 5 – Gender Equality

$846,453

4.94%

SDG 8 – Decent Work and Economic Growth

$135,864

0.79%

SDG 10 – Reduced Inequalities

$3,197,989.13

18.68%

SDG 11 – Sustainable Cities and Communities

$414,522

2.42%

SDG 13 – Climate Action

$177,500

1.04%

SDG 15 – Life on Land

$125,580

0.73%

SDG 16 – Peace, Justice and Strong Institutions

$303,132

1.77%

SDG 17 – Partnerships for the Goals

$31,405

0.18%

Arts and culture

$4,704,901.08

27.48%

Multi-SDG*

$449 132

2.62%

*In order to offer a more representative picture of our distributions, we have chosen to exclude one grant from the classification above, totalling $16 million. It was in the Multi-SDG category and its inclusion would have had the effect of completely overshadowing the other categories. If we include it, the Multi-SDG category represents 49.67% of funds distributed, that is, $16,449,132. If we exclude it, that category then constitutes 2.62% of the funds distributed, or $449,132.

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