Ardene Foundation
Private foundation · Laval, Quebec · BN 837911437RR0001 · Foundations
Source: T3010 return, FPE 2024-01-31. Split of total expenditures ($611,977) as filed with the CRA.
Ardene Foundation is a private foundation based in Laval, Quebec, classified by the CRA under foundations. In its fiscal year ending January 31, 2024, it reported $556K in revenue and $612K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 100% from donations.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 89% of peers.
As a grantmaker, it reported gifts to 21 qualified donees totalling $607K in 2024, the largest being $400K to Starlight Children's Foundation (Ontario). Revenue has declined over its filings on record here, from $877K in 2020 to $556K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
The foundation receives and and maintains funds to make gifts grants contributions and donations to recognized canadian charitable organizations.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $556K | $612K | $4,463 | — | $607K | $11K |
| 2023 | $609K | $615K | — | — | $615K | $67K |
| 2022 | $447K | $516K | — | — | $516K | $73K |
| 2021 | $592K | $705K | — | — | $705K | $143K |
| 2020 | $877K | $998K | — | — | $639K | $256K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $607K to 21 qualified donees:
- Starlight Children's Foundation (Ontario)$400K
- Jack.org$83K
- Onetree Foundation$24K
- The Canadian Red Cross Society$21K
- La fondation de l'hôpital de montréal pour enfants/The Montréal Children's Hospital Foundation$16K
- Indspire$10K
- Fondation du collège Beaubois$10K
- The Cedars Cancer Foundation at the McGill University Health Centre$6,000
- The Montreal General Hospital Foundation$5,000
- The Auxiliairy of the Sir Mortimer B. Davis - Jewish General Hospital$5,000
- The Cure Foundation$5,000
- Kids4kids$5,000
- Fondation 'pour enfants seulement'/'Just for kids'foundation$5,000
- Congrégation Minchas Soles/Minchas Soles Congregation$2,500
- Fondation Immobiliere de Montreal pour les Jeunes/the Montreal Real Estate Foundation for Kids$2,500
- Aida Ghshyan$2,500
- Nourishment for Hope$1,000
- La Fondation l'Ecole Armenienne Sourp Hagop$1,000
- Guepe Groupe Uni des Educateurs-Naturalistes et Professionnels en Environnement$844
- Dorval Old Timers Hockey League$800
- Israel Cancer Research Fund Fondation d'Israël pour la Recherche sur le Cancer$540
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Arden Dervishian (president); Mark Dervishian (secretary); Sheila Flood; Kelly Solti.
As listed on its 2024 return.
Check the source
Every figure on this page is from Ardene Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 837911437RR0001), or read how we compute the receipt.