CIM Foundation
Public foundation · Westmount, Quebec · BN 118834480RR0001 · Foundations Advancing Education · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($391,094) as filed with the CRA.
CIM Foundation is a public foundation based in Westmount, Quebec, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $1.1M in revenue and $391K in expenditures.
Its funding that year was roughly 48% from donations. In 2024, 5 other registered charities reported granting it a combined $253K.
Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 61% of peers. Its highest-paid position fell in the $80,000–119,999 range. The charity reported 1 permanent full-time position.
Revenue has grown substantially over its filings on record here, from $255K in 2020 to $1.1M in 2024. Its filed list of directors and trustees shows 9 names.
In its own words
Supporting distinguished lecturer programs scholarships and educational
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.1M | $391K | $347K | $44K | — | $4M |
| 2023 | $498K | $338K | $301K | $37K | — | $3.3M |
| 2022 | $896K | $271K | — | — | — | $3.1M |
| 2021 | $563K | $235K | $52K | $21K | — | $2.5M |
| 2020 | $255K | $380K | $189K | $8,623 | — | $2.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $253K from 5 charities:
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$105K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Tom Broddy (president); Joel Kapusta (trustee); John Hoffert (trustee); Tracy Holmes (trustee); Zoltan Lukacs (trustee); Nathan Stubina (trustee); Terence Bowles (trustee); Megan Gent (trustee); Cole McIvor (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from CIM Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 118834480RR0001), or read how we compute the receipt.