Placid Foundation
Charitable organization · Ottawa, Ontario · BN 888409877RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($353,323) as filed with the CRA.
Placid Foundation is a charitable organization based in Ottawa, Ontario, classified by the CRA under organizations relieving poverty. In its fiscal year ending December 31, 2024, it reported $344K in revenue and $353K in expenditures.
Its funding that year was roughly 15% from other charities. In 2022, 1 other registered charity reported granting it a combined $9,000.
Compared with 2,470 poverty-relief charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 85% of peers.
Revenue has declined over its filings on record here, from $540K in 2020 to $344K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
To adopt a plan (and by amending said plan from time to time) to provide such health care and maintenance; to invest and administer the assets held by the charity; to provide such benefits and to distribute benefits to the needy aged and infirmed priests religious brothers and associates of the order oblates of mary immaculate pursuant to the provisions of such plan. To conduct any and all activities any and all such powers as are necessary to the achievement and furtherance of the purposes of the foundation.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $344K | $353K | $349K | — | — | $478K |
| 2023 | $319K | $328K | $324K | — | — | $491K |
| 2022 | $457K | $438K | $435K | — | — | $497K |
| 2021 | $505K | $620K | $615K | — | — | $478K |
| 2020 | $540K | $682K | — | — | — | $593K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2022
Received $9,000 from 1 charity:
- OMI Lacombe Canada Inc.$9,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Alfred Groleau (director); Edward Kosa (director); Richard Beaudette (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Placid Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 888409877RR0001), or read how we compute the receipt.