Fondation Famille Michel Fournelle
Private foundation · Montreal, Quebec · BN 763095726RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($2,181,989) as filed with the CRA.
Fondation Famille Michel Fournelle is a private foundation based in Montreal, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $2.5M in revenue and $2.2M in expenditures.
Its funding that year was roughly 97% from donations.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 88% of peers.
As a grantmaker, it reported gifts to 5 qualified donees totalling $2.2M in 2024, the largest being $1.1M to Fondation du Dr Julien. Revenue has grown substantially over its filings on record here, from $166K in 2020 to $2.5M in 2024.
In its own words
Venir en aide aux enfants défavorisés fragilisés ou en situation de précarité ( enfant de moins de 18 ands) se greffant à cela le décrochage scolaire la sous-stimulation et des difficultés langagières. La fondation viendra en aide via des organismes qui sont des donataires reconnus.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2.5M | $2.2M | — | — | $2.2M | -$713K |
| 2023 | $1.1M | $1.8M | — | — | $1.8M | -$1.1M |
| 2022 | $1.1M | $2.1M | — | — | $2.1M | -$323K |
| 2021 | $3M | $1.5M | — | — | $1.5M | $659K |
| 2020 | $166K | $1.5M | — | — | $1.5M | -$827K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Receipted donations$2,452,634
- Investment income$85,478
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, 2024
Granted $2.2M to 5 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from Fondation Famille Michel Fournelle’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 763095726RR0001), or read how we compute the receipt.