Charity BreakdownCanadian charity filings, itemized

Brain Canada Foundation

Publicly funded institution · Montreal, Quebec · BN 891052094RR0001 · Foundations

Your $100, itemizedBrain Canada FoundationFiscal year ended March 31, 2024
Gifts to other charities$86
Charitable programs$7
Fundraising$4
Management & admin$3
TOTAL$100
RegisteredPublicly funded

Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($33,253,022) as filed with the CRA.

Brain Canada Foundation is a public foundation based in Montreal, Quebec, classified by the CRA under foundations. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending March 31, 2024, it reported $32.8M in revenue and $33.3M in expenditures.

Its funding that year was roughly 7% from donations, 71% from government, 20% from other charities. Government funding is the majority of its budget. In 2024, 28 other registered charities reported granting it a combined $2.4M.

Compared with 23 grantmaking institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 70% of peers. Its highest-paid position fell in the $300,000–349,999 range. The charity reported 20 permanent full-time positions.

As a grantmaker, it reported gifts to 48 qualified donees totalling $28.5M in 2024, the largest being $3.6M to The Governors of The University of Calgary. Revenue has grown substantially over its filings on record here, from $14.5M in 2020 to $32.8M in 2024. Its filed list of directors and trustees shows 15 names.

In its own words

Brain canada is a national non-profit organization that enables and supports excellent innovative paradigm-changine brain research in canada. It plays a unique and invaluable role as the national convener of the brain research community. We join people labs and platforms across the country as well as institutions organizations and sectors - to drive innovation and foster and interconnected brain research system. Our work enables canada to excell and make even greater contributions to the global quest to understand the brain and identify solutions to brain disorders. By developing tr…

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$32.8M$33.3M$2.3M$1.3M$28.6M$1.7M
2023$12.4M$13.1M$598K$273K$12M$2.1M
2022$24.5M$24.1M$2.1M$1.2M$19.9M$2.8M
2021$24.1M$24.6M$1.7M$880K$21.2M$2.4M
2020$14.5M$14M$1.9M$770K$10.5M$2.9M

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Money between charities, 2024

Granted $28.5M to 48 qualified donees — largest 25 shown:

Full grant ledger — all 48 grants

Received $2.4M from 28 charities:

As reported on the donors’ own T3010 qualified-donee schedules.

What it pays

Its ten highest-paid positions, by band:

  • $300,000–349,9991 position
  • $200,000–249,9991 position
  • $160,000–199,9993 positions
  • $120,000–159,9992 positions
  • $80,000–119,9993 positions
  • Permanent full-time positions20
  • Total compensation, all staff$2.7M

Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.

Directors & trustees (2024)

Naomi Azrieli (chair); Shernaz Bamji (director); Wayne Bossert (chair audit finance inves); Anne-Marie Boucher (chair gnec); France Chrétien-Desmarais (chair sc); Graham Collingridge (director); Peter Dhillon (director); Jane Enright (director); Blair Levinsky (director); Ravi Menon (director); David Park (chair research committee); Joel Reitman (director); Larry Tanenbaum (vice chair); Valerie Taylor (director); Franco Vaccarino (director).

As listed on its 2024 return.

Check the source

Every figure on this page is from Brain Canada Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 891052094RR0001), or read how we compute the receipt.