Charity BreakdownCanadian charity filings, itemized

Seamont Foundation-Fondation Seamont

Private foundation · Montreal, Quebec · BN 891326084RR0001 · Foundations

Every $100 spentSeamont Foundation-Fondation SeamontFiscal year ended December 31, 2024
Gifts to other charities$97
Other$3
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($5,610,355) as filed with the CRA.

Seamont Foundation-Fondation Seamont is a private foundation based in Montreal, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $4.5M in revenue and $5.6M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.

Its funding that year was roughly 99% from other charities. In 2024, 1 other registered charity reported granting it a combined $4.5M.

Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 78% 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 14 qualified donees totalling $5.5M in 2024, the largest being $830K to Royal Institution for the Advancement of Learning. Revenue has grown substantially over its filings on record here, from $2.2M in 2020 to $4.5M in 2024. Its filed list of directors and trustees shows 6 names.

In its own words

The charity makes donations to the arts including the performing arts and to other charitable organizations.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$4.5M$5.6M$5.5M-$245K
2023$2.6M$3.8M$3.7M$842K
2022$4M$4.4M$4.2M$2.1M
2021$2.5M$413K$325K$2.5M
2020$2.2M$349K$250K$1.8M

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$48K$48,417 in total assets
Given away$5.5Mto 14 charities
That is11270.2%of what it holds
Where the money came from
  • From other charities$4,498,265
  • Investment income$19,462

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 $5.5M to 14 qualified donees:

Full grant ledger — every year

Received $4.5M from 1 charity:

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$149K

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

Directors & trustees (2024)

Constance Pathy (president); Laurence Pathy (vice-president); Mark Pathy; Paul Pathy; John Peacock; Paul Setlakwe.

As listed on its 2024 return.

Check the source

Every figure on this page is from Seamont Foundation-Fondation Seamont’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 891326084RR0001), or read how we compute the receipt.