Charity BreakdownCanadian charity filings, itemized

The Drummond foundation/ La fondation Drummond

Private foundation · Montreal, Quebec · BN 130872567RR0001 · Foundations

Every $100 spentThe Drummond foundation/ La fondation DrummondFiscal year ended December 31, 2024
Gifts to other charities$65
Management & admin$35
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($363,152) as filed with the CRA.

The Drummond foundation/ La fondation Drummond is a private foundation based in Montreal, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $791K in revenue and $363K in expenditures.

Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 20% of peers.

As a grantmaker, it reported gifts to 39 qualified donees totalling $241K in 2023, the largest being $25K to Heritage Montréal Foundation. Revenue has grown substantially over its filings on record here, from $183K in 2020 to $791K in 2024. Its filed list of directors and trustees shows 1 name.

In its own words

The foundation made 42 donations to different qualified donees (see list of donations attached)

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$791K$363K$235K$5.3M
2023$480K$371K$275$241K$4.8M
2022-$274K$300K$7,500$165K$4.7M
2021$911K$285K$7,500$162K$5.3M
2020$183K$270K$7,500$150K$4.7M

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$5.3M$5,296,697 in total assets
Given away$235Kto 39 charities
That is4.4%of what it holds
Where the money came from
  • Investment income$167,370
  • Other income$5,017

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, 2023

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

Directors & trustees (2024)

Timothy Price (treasurer).

As listed on its 2024 return.

Check the source

Every figure on this page is from The Drummond foundation/ La fondation Drummond’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 130872567RR0001), or read how we compute the receipt.