Fondation Nicole-Germain
Private foundation · Montreal, Quebec · BN 708589080RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($85,286) as filed with the CRA.
Fondation Nicole-Germain is a private foundation based in Montreal, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $241K in revenue and $85K in expenditures.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 24% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $60K in 2024, the largest being $40K to Fondation College-Andre-Grasset. Revenue has grown substantially over its filings on record here, from $76K in 2020 to $241K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
Consacrer des fonds à toute autre oeuvre d'éducation et d'enseignement en particulier les oeuvres mettant l'accent sur la communication orale et écrite et celles favorisant le rayonnement et la qualité de français ainsi que celles favorisant la compréhension interculturelle.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $241K | $85K | — | — | $60K | $1.5M |
| 2023 | $208K | $81K | — | — | $60K | $1.3M |
| 2022 | $68K | $298K | — | — | $45K | $1.2M |
| 2021 | $180K | $54K | — | — | $35K | $1.4M |
| 2020 | $76K | $55K | — | — | $35K | $1.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Other income$161,239
- Investment income$39,444
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 $60K to 3 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Danièle Bourassa (présidente); Caroline Bourassa-Fulop (administrateur); Miklos Fulop (trésorier); François Dagbert (administrateur); Caroline Dagbert (administrateur).
As listed on its 2024 return.
Check the source
Every figure on this page is from Fondation Nicole-Germain’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 708589080RR0001), or read how we compute the receipt.