Charity BreakdownCanadian charity filings, itemized

Fondation MB Capital

Private foundation · Sherbrooke, Quebec · BN 787843010RR0001 · Foundations

Your $100, itemizedFondation MB CapitalFiscal year ended October 31, 2024
Fundraising$74
Gifts to other charities$25
Management & admin$1
TOTAL$100
Registered

Source: T3010 return, FPE 2024-10-31. Split of total expenditures ($246,729) as filed with the CRA.

Fondation MB Capital is a private foundation based in Sherbrooke, Quebec, classified by the CRA under foundations. In its fiscal year ending October 31, 2024, it reported $480K in revenue and $247K in expenditures.

Its funding that year was roughly 26% from donations. In 2024, 2 other registered charities reported granting it a combined $6,390.

Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 4% of peers. Its fundraising cost per donated dollar was higher than 85% of that peer group.

As a grantmaker, it reported gifts to 7 qualified donees totalling $47K in 2024, the largest being $30K to La Fondation du Centre Jeunesse de l'Estrie Inc.. Its filed list of directors and trustees shows 6 names.

In its own words

L’organisme philanthrope organise des activités de levés de fonds dans le but de soutenir d’autres organismes de bienfaisances de la région.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20232024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$480K$247K$183K$62K$285K
2023$331K$280K$71K$104K$101K$52K

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

Money between charities, 2024

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

Directors & trustees (2024)

Maxime Beaudoin (président); Mario Beaudoin (administrateur); Michael Beaudoin (secrétaire); Catherine Chabot (administratrice); Guylaine Boucher (administratrice); Lisa Daviau-Dubuc (administratrice).

As listed on its 2024 return.

Check the source

Every figure on this page is from Fondation MB Capital’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 787843010RR0001), or read how we compute the receipt.