Charity BreakdownCanadian charity filings, itemized

The Audette Foundation/la Fondation Audette

Private foundation · Ottawa, Ontario · BN 119214559RR0001 · Foundations

Every $100 spentThe Audette Foundation/la Fondation AudetteFiscal year ended September 30, 2020
Gifts to other charities$99
Management & admin$1
TOTAL$100
Registered

Source: T3010 return, FPE 2020-09-30. Split of total expenditures ($1,886,661) as filed with the CRA.

The Audette Foundation/la Fondation Audette is a private foundation based in Ottawa, Ontario, classified by the CRA under foundations. In its fiscal year ending September 30, 2020, it reported $61K in revenue and $1.9M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.

Compared with 3,759 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 72% of peers.

In its own words

Seeking funds to support other registered charities and making inquiries & investigating opportunities for funding for reseach into physical handicaps.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202020

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2020$61K$1.9M$1.9M$50K

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

Private foundation — endowment and payout, September 30, 2020

Held at year end$54K$54,278 in total assets
Given away$1.9Min gifts to qualified donees
That is3431.1%of what it holds
Where the money came from
  • Investment income$60,667

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.

Check the source

Every figure on this page is from The Audette Foundation/la Fondation Audette’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119214559RR0001), or read how we compute the receipt.