Factry Foundation
Charitable organization · Foster, Quebec · BN 760581322RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($489,767) as filed with the CRA.
Factry Foundation is a charitable organization based in Foster, Quebec, classified by the CRA under support of schools and education. In its fiscal year ending June 30, 2024, it reported $165K in revenue and $490K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 64% from donations, 30% from other charities. In 2024, 1 other registered charity reported granting it a combined $50K.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 89% of peers.
Revenue has declined over its filings on record here, from $354K in 2020 to $165K in 2024. Its filed list of directors and trustees shows 7 names.
In its own words
Promouvoir l'éducation dans le secteur de la créativité en finançant le développement de programmes de formations axés sur la créativité et qui seront enseignés à l'ecole de créativité la factry; -promouvoir l'éducation dans le secteur de la créativité en offrant des bourses d'études disponibles au public et d'autres formes d'aide financière aux étudiants du secteur de la créativité afin d'être utilisés pour participer aux divers programmes de formation offerts par l'école de créativité la factry; -promouvoir l'éducation dans le secteur de la créativité la factry au plus bas cout possible af…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $165K | $490K | $485K | — | — | $78K |
| 2023 | $338K | $197K | $94K | $99K | — | $403K |
| 2022 | $107K | $125K | $122K | — | — | $263K |
| 2021 | $163K | $114K | $110K | — | — | $281K |
| 2020 | $354K | $121K | $113K | — | — | $232K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $50K from 1 charity:
- RBC Foundation$50K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Philippe Meunier (président); Guillaume Lavoie (secrétaire); Helena DI Oliveira (administrateur); Isabelle Bettez (administrateur); Stephane Vidal (trésorier); Jeanne Labelle (administrateur); Marie Gallagher (administrateur).
As listed on its 2024 return.
Check the source
Every figure on this page is from Factry Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 760581322RR0001), or read how we compute the receipt.