Louis Garneau Foundation
Private foundation · Saint-Augustin-De-Desmaures, Quebec · BN 729427096RR0001 · Foundations
Source: T3010 return, FPE 2020-12-31. Split of total expenditures ($56,039) as filed with the CRA.
Louis Garneau Foundation is a private foundation based in Saint-Augustin-De-Desmaures, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2020, it reported $13K in revenue and $56K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 99% from donations.
Compared with 3,759 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 16% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $20K in 2020, the largest being $20K to Fondation des Petits Frères des Pauvres. Its filed list of directors and trustees shows 4 names.
In its own words
Amasser des fonds afin de faire des dons des donataires reconnus tels que définis au paragraphe 149.1 (1) de la loi de l'impôt sur le revenu (canada) qui oeuvrent notamment dans les domaines du soulagement de la pauvreté de l'avancement de l'éducation ou de toute autre fin qui profite la collectivité. À cette fin recevoir des dons legs et autres contributions de même nature en argent en valeurs mobilières; administrer de tels dons legs et contributions; organiser des campagnes de souscriptions dans le but de recueillir des fonds. De plus la fondation tient en événement annuel soit le…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2020
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2020 | $13K | $56K | $35K | — | — | $13K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2020
Granted $20K to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2020)
Louis Garneau (président); Monique Arsenault (administratrice); William Garneau (vice-président); Édouard Garneau (administrateur).
As listed on its 2020 return.
Check the source
Every figure on this page is from Louis Garneau Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 729427096RR0001), or read how we compute the receipt.