Canadian Children's Optimist Foundation
Charitable organization · Westmount, Quebec · BN 874718950RR0001 · Educational Organizations Not Elsewhere Categorized
Source: T3010 return, FPE 2024-09-30. Split of total expenditures ($263,800) as filed with the CRA.
Canadian Children's Optimist Foundation is a charitable organization based in Westmount, Quebec, classified by the CRA under educational organizations not elsewhere categorized. In its fiscal year ending September 30, 2024, it reported $508K in revenue and $264K in expenditures.
Its funding that year was roughly 61% from donations. In 2024, 11 other registered charities reported granting it a combined $143K.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 3% of peers. Its fundraising cost per donated dollar was lower than 76% of that peer group. Its highest-paid position fell in the $80,000–119,999 range. The charity reported 1 permanent full-time position.
Its filed list of directors and trustees shows 5 names.
In its own words
The foundation receives and maintains funds to operate programs and activities for youth in canada to seek and accept real personel property by gift bequest donation legacy purchase or otherwise and to hold and administer such property in trust or otherwise solely for the aforesaid objectives.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $508K | $264K | $34K | $12K | — | $1.8M |
| 2023 | $383K | $574K | $321K | $20K | — | $1.6M |
| 2022 | $315K | $502K | $322K | $31K | — | $2.3M |
| 2021 | $663K | $496K | $372K | $31K | — | $1.9M |
| 2020 | $415K | $480K | $396K | $28K | — | $1.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $143K from 11 charities:
- United Way Elgin Middlesex$95K
- Mowbray and Doris Sifton Family Foundation$25K
- Gerald C Baines Charitable Foundation$14K
- Canadian Online Giving Foundation$2,125
- London Community Foundation$2,000
- Until We Meet Again - A Caring Network$1,562
- Canadahelps Canadon$1,499
- United Way East Ontario / Centraide Est de l'Ontario$1,200
- Charitable Gift Funds Canada Foundation$925
- Optimist Club of Thorndale-Youth$150
- PayPal Giving Fund Canada$7
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $80,000–119,9991 position
- Permanent full-time positions1
- Total compensation, all staff$150K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Tim Bell (administrator); André Michelet (secretary treasurer); Sylvain Ménard (administrator); Card Brent (administrator); Denise Nacev (administrator).
As listed on its 2024 return.
Check the source
Every figure on this page is from Canadian Children's Optimist Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 874718950RR0001), or read how we compute the receipt.