Ralph & Marion Mersereau Family Foundation
Private foundation · Saint John, New Brunswick · BN 876362914RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($4,921) as filed with the CRA.
Ralph & Marion Mersereau Family Foundation is a private foundation based in Saint John, New Brunswick, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $12K in revenue and $4,921 in expenditures.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 96% 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 1 qualified donee totalling $5,000 in 2024, the largest being $5,000 to Calvary Pentecostal Lighthouse Incorporated. Revenue has grown substantially over its filings on record here, from $7,286 in 2020 to $12K in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
The charity provides funds to qualified donees.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $12K | $4,921 | — | — | $5,000 | $319K |
| 2023 | $66K | $6,200 | $5,000 | — | — | $311K |
| 2022 | $252K | $1,200 | — | — | — | $251K |
| 2021 | $7,286 | $7,286 | — | — | — | $1 |
| 2020 | $7,286 | $7,286 | — | — | — | $1 |
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$12,283
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 $5,000 to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Kathy Wright; Nathan Mersereau.
As listed on its 2024 return.
Check the source
Every figure on this page is from Ralph & Marion Mersereau Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 876362914RR0001), or read how we compute the receipt.