Fondation Nick Michel
Public foundation · Alma, Quebec · BN 827718438RR0001 · Foundations
Source: T3010 return, FPE 2024-04-30. Split of total expenditures ($95,729) as filed with the CRA.
Fondation Nick Michel is a public foundation based in Alma, Quebec, classified by the CRA under foundations. In its fiscal year ending April 30, 2024, it reported $86K in revenue and $96K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 100% from donations.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 42% 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 7 qualified donees totalling $82K in 2024, the largest being $23K to École Secondaire Camille-Lavoie. Revenue has grown substantially over its filings on record here, from $39K in 2020 to $86K in 2024. Its filed list of directors and trustees shows 7 names.
In its own words
Le soulagement de la pauvreté l'amélioration de la santé de la population et la promotion de l'éducation chez les jeunes défavorisés. La poursuite des fins énoncées ci-dessus sera toutefois restreinte ces restrictions étant les suivantes : - les biens de la fondation ne pourront être attribués ou distribués qu'à des organismes de bienfaisance poursuivant des objetifs correspondant aux fins pour lesquelles la findation est créée et dont la mission consiste à apporter de l'aide financière à la collectivité ou à des groupes de personnes ; - la fondation doit effectuer toutes ses contributio…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $86K | $96K | $1,864 | — | $82K | $5M |
| 2023 | $42K | $78K | $1,674 | — | $67K | $5M |
| 2022 | $139K | $151K | $1,540 | — | $138K | $5M |
| 2021 | $109K | $13K | $1,526 | — | — | $5M |
| 2020 | $39K | $4,317 | $3,800 | — | — | $4.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $82K to 7 qualified donees:
- École Secondaire Camille-Lavoie$23K
- Conseil Particulier de la Societe de ST-Vincent-De-Paul Secteur Alma$20K
- Parents-Branchés$13K
- Camp Musical du Saguenay-Lac-Saint-Jean$10K
- Fondation de l'Hotel-Dieu d'Alma Inc.$8,440
- En Forme-O-Lac$5,000
- École Jean-Gauthier$2,580
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Linda Beaulac (présidente); Pierre Cimon (secrétaire); Lydia Habib (administrateur); Guylaine Dubé (administrateur); Laurent Villeneuve (administrateur); Fabienne Dessureault (administrateur); Guylaine Verreault (administrateur).
As listed on its 2024 return.
Check the source
Every figure on this page is from Fondation Nick Michel’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 827718438RR0001), or read how we compute the receipt.