The Bannerman Family Foundation
Private foundation · Montreal, Quebec · BN 888055647RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($357,590) as filed with the CRA.
The Bannerman Family Foundation is a private foundation based in Montreal, Quebec, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $714K in revenue and $358K in expenditures.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 44% 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 19 qualified donees totalling $283K in 2024, the largest being $77K to L'Association du Marais de la Rivière aux Cerises (LAMRAC). Revenue has declined over its filings on record here, from $1.3M in 2020 to $714K in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
The foundation has concentrated on the contributions to ongoing research programs.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $714K | $358K | $1,676 | — | $283K | $8.7M |
| 2023 | -$452K | $452K | $3,821 | — | $394K | $8.4M |
| 2022 | $150K | $436K | $37K | — | $364K | $9.3M |
| 2021 | $2.2M | $398K | $28K | — | $328K | $9.6M |
| 2020 | $1.3M | $340K | $26K | — | $249K | $7.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $283K to 19 qualified donees:
- L'Association du Marais de la Rivière aux Cerises (LAMRAC)$77K
- L'Abbaye de Saint-Benoit-Du-Lac$63K
- Orford Musique / Orford Music$25K
- Fondation du Centre Hospitalier Universitaire de Sherbrooke Inc.$25K
- Massawippi Valley Health Foundation$22K
- Maison du parc inc.$12K
- Centre de pédiatrie sociale en communauté Le Tandem$11K
- Fondation des Gens des Cantons de l'Est pour la Recherche et la Culture/townshippers Research and Cultural Foundation$10K
- Espace M$10K
- Community Association of Georgeville Association Communautaire de Georgeville$7,000
- La maison Aube-Lumière$5,000
- Memphremagog Conservation Inc.$5,000
- Alzheimer Groupe (a.g.i.) Inc.$5,000
- Stanstead Historical Society$2,000
- Souper du partage Jean Pelchat$1,500
- Fondation Christian Vachon$1,000
- Fondation des Gens des Cantons de l'Est pour la Recherche et la Culture/townshippers Research and Cultural Foundation$500
- The MacPherson Cemetery Association$500
- Canada's National History Society/societe d'Histoire Nationale du Canada$500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Paul Bannerman (president); Alan Bourgeois (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Bannerman Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 888055647RR0001), or read how we compute the receipt.