Charity BreakdownCanadian charity filings, itemized

Lower Canada College

Publicly funded institution · Montreal, Quebec · BN 107646358RR0001 · Teaching Institutions · website

Your $100, itemizedLower Canada CollegeFiscal year ended June 30, 2024
Charitable programs$97
Fundraising$2
Management & admin$1
TOTAL$100
RegisteredPublicly funded

Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($30,523,208) as filed with the CRA.

Lower Canada College is a charitable organization based in Montreal, Quebec, classified by the CRA under teaching institutions. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending June 30, 2024, it reported $31.6M in revenue and $30.5M in expenditures.

Its funding that year was roughly 9% from government. In 2024, 16 other registered charities reported granting it a combined $1.3M.

Compared with 733 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 92% of peers. Its fundraising cost per donated dollar was higher than 77% of that peer group. Its highest-paid position fell in the $350,000 and over range. The charity reported 176 permanent full-time positions.

Its filed list of directors and trustees shows 14 names.

In its own words

Operate a private co-educational school at the junior senior and pre-university level in the montreal region.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$31.6M$30.5M$29.7M$613K$23.1M
2023$28.2M$28.3M$27.4M$654K$21.6M
2022$25M$25M$24.2M$541K$100K$21.2M
2021$22.8M$22.7M$22.1M$453K$21M
2020$22.9M$22.8M$22.1M$548K$20.8M

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Money between charities, 2024

As reported on the donors’ own T3010 qualified-donee schedules.

What it pays

Its ten highest-paid positions, by band:

  • $350,000 and over1 position
  • $250,000–299,9991 position
  • $200,000–249,9991 position
  • $160,000–199,9993 positions
  • $120,000–159,9994 positions
  • Permanent full-time positions176
  • Total compensation, all staff$18.7M

Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.

Directors & trustees (2024)

Jason Ades (director); David Amiel (director); Andrea Arthurs (director); Kristina Ashqar (vice-chair treasurer); Ryan Blatt (director); Pascale Boyer (director); David Bensadoun (chairman); Keren Dolan (director); Laurence Duguay (director); Sheri Elefant (director); Karyn Lassner (director); Harley Greenspoon (director); Mark Pascal (director); Constantinos Ragas (director).

As listed on its 2024 return.

Check the source

Every figure on this page is from Lower Canada College’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 107646358RR0001), or read how we compute the receipt.