Fondation James Allain Foundation Inc.
Private foundation · Cocagne, New Brunswick · BN 784157000RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($14,629) as filed with the CRA.
Fondation James Allain Foundation Inc. is a private foundation based in Cocagne, New Brunswick, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $58K in revenue and $15K in expenditures.
Its funding that year was roughly 6% from donations.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 10% of peers. Its fundraising cost per donated dollar was higher than 76% of that peer group.
As a grantmaker, it reported gifts to 1 qualified donee totalling $2,000 in 2024, the largest being $2,000 to Fondation Chudumont Foundation Inc.. Its filed list of directors and trustees shows 6 names.
In its own words
The purpose fo the fondation james allain foundation is to provide scholarships to nb students who will undertake or continue post-secondary studies in personal health care fields. In addition the foundation will contribute financially to recognized charitable organizations that provide services to people with cancer. Here are the activities that will contribute financially to the fondation james allain foundation: -accept donations from organizations or businesses to achieve the goals of the foundation -annual james allain golf tournament -annual lottery for the chance to win a prize …
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2021–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $58K | $15K | $3,022 | $8,541 | $2,000 | $163K |
| 2023 | $50K | $8,241 | — | $4,091 | $3,000 | $124K |
| 2022 | $50K | $13K | — | $7,445 | $4,400 | $82K |
| 2021 | $52K | $6,742 | — | $2,700 | $3,750 | $45K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$4,565
- Receipted donations$3,680
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 $2,000 to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Todd Allain (president); Danik Gallant (executive director); Marc Goguen (treasurer); Daniel Gallant (vice-president); Danika McGrath (executive director); Jacques Belliveau (secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from Fondation James Allain Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 784157000RR0001), or read how we compute the receipt.