LMMC Endowment fund
Private foundation · Montreal, Quebec · BN 822781357RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($144,272) as filed with the CRA.
LMMC Endowment fund is a private foundation based in Montreal, Quebec, classified by the CRA under foundations advancing education. In its fiscal year ending March 31, 2024, it reported $284K in revenue and $144K in expenditures.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 62% 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 $128K in 2024, the largest being $128K to Ladies Morning Musical Club. Revenue has grown substantially over its filings on record here, from $81K in 2020 to $284K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The purpose of the corporation is to maintain an endowment fund for the advancement of musical culture and education and to make donations from time to time to the ladies' morning musical club and should take ladies' morning musical club be dissolved or wound up to make donations to any one or more registered charities under the income tax act dedicated to the promotion of musical culture and education.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $284K | $144K | — | — | $128K | $2.6M |
| 2023 | -$76K | $100K | — | — | $83K | $2.5M |
| 2022 | $424K | $92K | — | — | $75K | $2.7M |
| 2021 | $487K | $126K | — | — | $110K | $2.3M |
| 2020 | $81K | $41K | — | — | $25K | $2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $128K to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Constance Pathy (president); John Peacock (treasurer); Georges Robichon (secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from LMMC Endowment fund’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 822781357RR0001), or read how we compute the receipt.