Charity BreakdownCanadian charity filings, itemized

The Buttercup Foundation/ La Fondation Buttercup

Private foundation · Mont-Royal, Quebec · BN 725115711RR0001 · Foundations

Every $100 spentThe Buttercup Foundation/ La Fondation ButtercupFiscal year ended December 31, 2024
Gifts to other charities$99
Management & admin$1
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($8,174,101) as filed with the CRA.

The Buttercup Foundation/ La Fondation Buttercup is a private foundation based in Mont-Royal, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $7.4M in revenue and $8.2M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.

Its funding that year was roughly 57% from donations.

Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 85% of peers.

As a grantmaker, it reported gifts to 32 qualified donees totalling $7.9M in 2024, the largest being $7.4M to Centre d'Art Battat. Revenue has grown substantially over its filings on record here, from $2M in 2020 to $7.4M in 2024. Its filed list of directors and trustees shows 4 names.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$7.4M$8.2M$8.1M$18.2M
2023$9.6M$385K$320K$18.9M
2022$2.6M$627K$599K$9.8M
2021$6.1M$411K$405K$7.8M
2020$2M$456K$458K$2.1M

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$18.2M$18,184,432 in total assets
Given away$8.1Mto 32 charities
That is44.4%of what it holds
Where the money came from
  • Receipted donations$4,260,433
  • Other income$1,216,856
  • Investment income$880,247

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

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

Directors & trustees (2023)

Joseph Battat (president); Frances Westley (adminstrateur); Nicola Tedeshi (adminstrateur); Salvatore Guerrera (adminstrateur).

As listed on its 2023 return.

Check the source

Every figure on this page is from The Buttercup Foundation/ La Fondation Buttercup’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 725115711RR0001), or read how we compute the receipt.