Fondation Michaud
Private foundation · Montreal, Quebec · BN 868695024RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($89,000) as filed with the CRA.
Fondation Michaud is a private foundation based in Montreal, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $126K in revenue and $89K in expenditures.
Its funding that year was roughly 99% from donations.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 92% of peers.
As a grantmaker, it reported gifts to 6 qualified donees totalling $89K in 2024, the largest being $60K to Fondation de l'Institut de Cardiologie de Montreal/montreal Heart Institute Foundation. Its filed list of directors and trustees shows 3 names.
In its own words
La fondation a pour objectif de recueillir des fonds afin de les distribuer à des organismes de charité ou d'autres fondations reconnues.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $126K | $89K | — | — | $89K | $132K |
| 2023 | $117K | $92K | — | — | $90K | $95K |
| 2022 | -$16K | $100K | — | — | $99K | $70K |
| 2021 | $215K | $37K | — | — | $35K | $186K |
| 2020 | -$11K | $60K | — | — | $60K | $8,123 |
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$125,700
- Investment income$5,877
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 $89K to 6 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Pierre Michaud (president); Stephane Michaud (administrateur); Caroline Michaud (administrateur).
As listed on its 2024 return.
Check the source
Every figure on this page is from Fondation Michaud’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 868695024RR0001), or read how we compute the receipt.