Fondation CERVO
Public foundation · Quebec, Quebec · BN 141761155RR0001 · Supportive Health Care · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($1,343,554) as filed with the CRA.
Fondation CERVO is a public foundation based in Quebec, Quebec, classified by the CRA under supportive health care. In its fiscal year ending March 31, 2024, it reported $2M in revenue and $1.3M in expenditures.
Its funding that year was roughly 87% from donations. In 2024, 15 other registered charities reported granting it a combined $99K.
Compared with 453 health charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 37% of peers. Its highest-paid position fell in the $120,000–159,999 range. The charity reported 8 permanent full-time positions.
As a grantmaker, it reported gifts to 1 qualified donee totalling $131K in 2024, the largest being $131K to Ciusss de la Capitale-Nationale. Revenue has declined over its filings on record here, from $9.1M in 2020 to $2M in 2024. Its filed list of directors and trustees shows 15 names.
In its own words
Soucieuse d'offrir un espoir de guérison aux personnes touchées et leurs proches par une maladie neurologique ou mentale ou une dépendance la fondation finance principalement la découverte et l'innovation visant à mieux comprendre le cerveau tout en contribuant à des initiatives porteuses en termes de soins et d'enseignement.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2M | $1.3M | $846K | $248K | $131K | $1.7M |
| 2023 | $1.1M | $2.2M | $693K | $260K | $1.1M | $981K |
| 2022 | $6M | $7.5M | $118K | $247K | $2.3M | $2.5M |
| 2021 | $7.2M | $6.8M | $65K | $146K | $1.3M | $3.9M |
| 2020 | $9.1M | $10.1M | $104K | $415K | $3M | $3.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $131K to 1 qualified donee:
- Ciusss de la Capitale-Nationale$131K
Received $99K from 15 charities:
- Shoppers Foundation for Women's Health$48K
- Fondation Philantra Philantra Foundation$20K
- Fondation Dupont$10K
- Fonds Distal Inc.$3,500
- PayPal Giving Fund Canada$3,123
- Fondation Québec Philanthrope$3,000
- Canadian Online Giving Foundation$2,598
- Fondation Québec Philanthrope$2,205
- Fondation Québec Philanthrope$2,000
- Fondation Desjardins$1,969
- United Way of Greater Toronto$813
- Fondation Québec Philanthrope$400
- Canadahelps Canadon$355
- Centraide Québec Chaudière-Appalaches et Bas-Saint laurent$126
- La Federation des Monasteres des Augustines de la Misericorde de Jesus—
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $120,000–159,9991 position
- $80,000–119,9994 positions
- $40,000–79,9993 positions
- Permanent full-time positions8
- Total compensation, all staff$560K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Annie Allen (administratrice); Amélie Asselin (administratrice); Jessie Boissoneault (administratrice); Émilie Bussière-Godbout (administratrice); Véronique Fugère (administrateur); Frédéric Lahoud (administrateur); Marie-Claude Lévesque (administratrice); Yves Moreau (administrateur); Daniel Perreault (vice-président); Karl Pichette (trésorier); Sylvain Rouleau (président); Pierre Rousseau (administrateur); Alain Vaillancourt (administrateur); Michel Verreault (administrateur); Ichrak Zahar (administrateur).
As listed on its 2024 return.
Check the source
Every figure on this page is from Fondation CERVO’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 141761155RR0001), or read how we compute the receipt.