Charity BreakdownCanadian charity filings, itemized

Fondation Bourgie-Bovet

Private foundation · Montreal, Quebec · BN 889905196RR0001 · Foundations Advancing Education

Every $100 spentFondation Bourgie-BovetFiscal year ended December 31, 2024
Gifts to other charities$81
Other$18
Charitable programs$1
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($259,321) as filed with the CRA.

Fondation Bourgie-Bovet is a private foundation based in Montreal, Quebec, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $2.3M in revenue and $259K in expenditures.

Its funding that year was roughly 59% from donations.

Compared with 632 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 43% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.

As a grantmaker, it reported gifts to 8 qualified donees totalling $144K in 2021, the largest being $35K to Réseau intercollégial des activités socioculturelles du Québec. Revenue has grown substantially over its filings on record here, from $267K in 2020 to $2.3M in 2024. Its filed list of directors and trustees shows 4 names.

In its own words

La fondation a pour objextif s'accorder des bourses d'études d'encourager et de financer des project éducatifs ayant trait à l'éducation ou à la recherche auprés d'autres organismes sans but lucratif

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$2.3M$259K$2,500$211K$7M
2023$948K$286K$2,500$200K$5.1M
2022$164K$184K$2,500$152K$4.1M
2021$574K$326K$147K$144K$4.7M
2020$267K$152K$124K$4.3M

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

Private foundation — endowment and payout, December 31, 2024

Held at year end$7M$7,018,417 in total assets
Given away$211Kto 8 charities
That is3.0%of what it holds
Where the money came from
  • Receipted donations$1,319,169
  • Investment income$623,905

This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.

Money between charities, 2021

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

Directors & trustees (2024)

Claude Bourgie Bovet (président); Syvlie Bovet (secrétaire); François Bovet (administrateur); Alain Bovet (administrateur).

As listed on its 2024 return.

Check the source

Every figure on this page is from Fondation Bourgie-Bovet’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 889905196RR0001), or read how we compute the receipt.