P-J Demerchant Family Foundation Inc.
Private foundation · Fredericton, New Brunswick · BN 775141203RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($136,668) as filed with the CRA.
P-J Demerchant Family Foundation Inc. is a private foundation based in Fredericton, New Brunswick, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $857K in revenue and $137K in expenditures.
Its funding that year was roughly 82% from donations.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 99% of peers.
As a grantmaker, it reported gifts to 9 qualified donees totalling $126K in 2024, the largest being $30K to Fredericton Community Services Inc.. Its filed list of directors and trustees shows 3 names.
In its own words
Charitable activities began 2023. The charity donates to various other local charities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2021–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $857K | $137K | $126K | — | $126K | $1.4M |
| 2023 | $433K | $96K | $90K | — | $90K | $629K |
| 2022 | $294K | $780 | — | — | — | $293K |
| 2021 | — | — | — | — | — | — |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Receipted donations$700,000
- Investment income$157,239
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 $126K to 9 qualified donees:
- Fredericton Community Services Inc.$30K
- Fredericton Homeless Shelters Inc.$25K
- Palliative CARE Resource Network Inc.$20K
- The University of New Brunswick$15K
- 12Neighbours Community Inc.$10K
- Women in Transition House Inc$10K
- Fredericton Community Kitchens Inc.$10K
- Fredericton Boys' and Girls' Club Inc.$5,000
- Fredericton Playhouse Incorporated$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
June Demerchant (director); Paul Demerchant (director); Robert Demerchant (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from P-J Demerchant Family Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 775141203RR0001), or read how we compute the receipt.