Charity BreakdownCanadian charity filings, itemized

Pathy Family Foundation

Private foundation · Montreal, Quebec · BN 857688428RR0001 · Foundations

Every $100 spentPathy Family FoundationFiscal year ended December 31, 2024
Gifts to other charities$94
Other$6
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($22,406,536) as filed with the CRA.

Pathy Family Foundation is a private foundation based in Montreal, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $75.6M in revenue and $22.4M in expenditures.

Its funding that year was roughly 16% from donations. In 2024, 1 other registered charity reported granting it a combined $10K.

Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 67% of peers. Its highest-paid position fell in the $160,000–199,999 range. The charity reported 8 permanent full-time positions.

As a grantmaker, it reported gifts to 51 qualified donees totalling $21M in 2024, the largest being $4.5M to Seamont Foundation-Fondation Seamont. Revenue has grown substantially over its filings on record here, from $22.3M in 2020 to $75.6M in 2024. Its filed list of directors and trustees shows 6 names.

In its own words

The pathy family foundation supports organizations that provide critical aid to meet basic human needs and that empower individuals and communities to generate and sustain positive social change.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$75.6M$22.4M$21M$378.9M
2023$60.1M$17.2M$16.2M$325.7M
2022-$24.2M$17.3M$16.2M$282.8M
2021$45M$14.1M$13.2M$324.3M
2020$22.3M$13.7M$12.9M$293.4M

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

Private foundation — endowment and payout, December 31, 2024

Held at year end$379.5M$379,545,317 in total assets
Given away$21Mto 51 charities
That is5.5%of what it holds
Where the money came from
  • Receipted donations$11,970,330
  • Investment income$9,360,558
  • Other income$3,711,693

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

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

What it pays

Its ten highest-paid positions, by band:

  • $160,000–199,9991 position
  • $80,000–119,9993 positions
  • $40,000–79,9992 positions
  • $1–39,9992 positions
  • Permanent full-time positions8
  • Total compensation, all staff$661K

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

Directors & trustees (2024)

Constance Pathy (senior vice-president); Laurence Pathy (president); Mark Pathy (secretary); Paul Pathy (treasurer); Marie-Michelle Desjardins; Jessica Pathy.

As listed on its 2024 return.

Check the source

Every figure on this page is from Pathy Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 857688428RR0001), or read how we compute the receipt.