Charity BreakdownCanadian charity filings, itemized

The Adams Family Foundation/La Fondation de la famille Adams

Private foundation · Montreal, Quebec · BN 119211217RR0001 · Foundations

Every $100 spentThe Adams Family Foundation/La Fondation de la famille AdamsFiscal year ended February 28, 2024
Gifts to other charities$100
TOTAL$100
Registered

Source: T3010 return, FPE 2024-02-28. Split of total expenditures ($919,078) as filed with the CRA.

The Adams Family Foundation/La Fondation de la famille Adams is a private foundation based in Montreal, Quebec, classified by the CRA under foundations. In its fiscal year ending February 28, 2024, it reported $790K in revenue and $919K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.

Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 91% of peers.

As a grantmaker, it reported gifts to 1 qualified donee totalling $919K in 2024, the largest being $919K to Federation Cja. Its filed list of directors and trustees shows 4 names.

In its own words

Sole function to provide funds to qualified donnees

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$790K$919K$919K$21.9M
2023$1.1M$882K$882K$22M
2022$183K$1M$1M$21.8M
2021$352K$1.4M$1.4M$25.8M
2020$958K$1.3M$1.3M$23.8M

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

Private foundation — endowment and payout, February 28, 2024

Held at year end$21.9M$21,882,488 in total assets
Given away$919Kto 1 charity
That is4.2%of what it holds
Where the money came from
  • Investment income$764,010
  • Other income$1,855

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 $919K to 1 qualified donee:

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

Directors & trustees (2023)

Diane Pardillo (director); Daniel Proulx (accountant); Joshua Adams (director); Robert Patenaude (accountant).

As listed on its 2023 return.

Check the source

Every figure on this page is from The Adams Family Foundation/La Fondation de la famille Adams’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119211217RR0001), or read how we compute the receipt.