Pasdermajian Foundation Inc.
Private foundation · Montreal, Quebec · BN 119086486RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($257,530) as filed with the CRA.
Pasdermajian Foundation Inc. is a private foundation based in Montreal, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $643K in revenue and $258K in expenditures.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 13% 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 4 qualified donees totalling $95K in 2024, the largest being $45K to La Fondation l'Ecole Armenienne Sourp Hagop. Revenue has grown substantially over its filings on record here, from $383K in 2020 to $643K in 2024. Its filed list of directors and trustees shows 7 names.
In its own words
Offer financial support by donations to charitable organizations
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $643K | $258K | $47K | — | $95K | $7.2M |
| 2023 | $321K | $150K | $25K | — | $70K | $6.8M |
| 2022 | $485K | $178K | $21K | — | $104K | $6.6M |
| 2021 | $344K | $283K | $21K | — | $210K | $6.3M |
| 2020 | $383K | $233K | $22K | — | $160K | $6.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$197,305
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 $95K to 4 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Kevork Abadjian (director); Raffi Adjemian (director); Noushig Eloyan (director); Diana Hadjetian (secretary); Hilda Kalaitzian (director); Nora Kaprielian (director); Nairie Papakhian (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Pasdermajian Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119086486RR0001), or read how we compute the receipt.