Charity BreakdownCanadian charity filings, itemized

Fondation Memoire du Coeur

Private foundation · Saint-Charles-Borromee, Quebec · BN 884276718RR0001 · Foundations

Every $100 spentFondation Memoire du CoeurFiscal year ended March 31, 2024
Gifts to other charities$70
Management & admin$19
Fundraising$11
TOTAL$100
Registered

Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($14,339) as filed with the CRA.

Fondation Memoire du Coeur is a private foundation based in Saint-Charles-Borromee, Quebec, classified by the CRA under foundations. In its fiscal year ending March 31, 2024, it reported $60K in revenue and $14K in expenditures.

Its funding that year was roughly 97% from donations. In 2024, 1 other registered charity reported granting it a combined $288.

Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 22% 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 1 qualified donee totalling $10K in 2024, the largest being $10K to Maison mémoire du coeur. Revenue has grown substantially over its filings on record here, from $36K in 2020 to $60K in 2024. Its filed list of directors and trustees shows 2 names.

In its own words

Collecte de fonds pour distribuer à un organisme de bienfaisance maison mémoire du coeur.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$60K$14K$1,665$10K$586K
2023$196K$13K$1,251$10K$541K
2022$34K$2,962$1,328$358K
2021$94K$3,409$1,911$327K
2020$36K$8,933$1,568$5,877$237K

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

Private foundation — endowment and payout, March 31, 2024

Held at year end$586K$586,357 in total assets
Given away$10Kto 1 charity
That is1.7%of what it holds
Where the money came from
  • Receipted donations$58,436
  • Investment income$1,501

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 $10K to 1 qualified donee:

Received $288 from 1 charity:

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

Directors & trustees (2024)

Michel Raymond (secrétaire-trésorier); Marie Desroches (presidente).

As listed on its 2024 return.

Check the source

Every figure on this page is from Fondation Memoire du Coeur’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 884276718RR0001), or read how we compute the receipt.