Gelmont Foundation/Fondation Gelmont
Private foundation · Montreal, Quebec · BN 897767240RR0001 · Foundations
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($1,801,645) as filed with the CRA.
Gelmont Foundation/Fondation Gelmont is a private foundation based in Montreal, Quebec, classified by the CRA under foundations. In its fiscal year ending June 30, 2024, it reported $3.9M in revenue and $1.8M in expenditures.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 11% of peers.
As a grantmaker, it reported gifts to 8 qualified donees totalling $973K in 2024, the largest being $556K to Federation Cja. Revenue has grown substantially over its filings on record here, from $1.2M in 2020 to $3.9M in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
Make financial contributions to various charitable organizations
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $3.9M | $1.8M | — | — | $973K | $23.9M |
| 2023 | $791K | $563K | — | — | $575K | $21.7M |
| 2022 | $2.9M | $582K | — | — | $336K | $21.5M |
| 2021 | $1.9M | $1.1M | — | — | $1M | $19.2M |
| 2020 | $1.2M | $342K | — | — | $112K | $18.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, June 30, 2024
- Investment income$1,282,860
- Other income$834,394
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 $973K to 8 qualified donees:
- Federation Cja$556K
- Congregation Shaar Hashomayim$292K
- The Sir Mortimer B. Davis Jewish General Hospital Foundation$50K
- Orchestre Symphonique de Montreal/montreal Symphony Orchestra$40K
- The Solomon Schechter Academy Children's Foundation la Fondation pour Enfants de L'Académie Solomon Schechter$25K
- Jewish Federation of Ottawa$5,000
- Beit Hazikaron$5,000
- Benjamin and Vanda Treiser Maison Shalom Inc./Benjamin and Vanda Treiser Shalom House Inc.$250
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Allan Gelber (director); Geoffrey Gelber (president); Wendy Gelber (director); Sheldon Merling (secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from Gelmont Foundation/Fondation Gelmont’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 897767240RR0001), or read how we compute the receipt.