The Fairmount Foundation
Private foundation · Collingwood, Ontario · BN 809960644RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($3,011,494) as filed with the CRA.
The Fairmount Foundation is a private foundation based in Collingwood, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $6.1M in revenue and $3M in expenditures.
Its funding that year was roughly 16% 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 52% of peers.
As a grantmaker, it reported gifts to 9 qualified donees totalling $2M in 2024, the largest being $335K to Circle Home Charity Society. Revenue has grown substantially over its filings on record here, from $1.8M in 2020 to $6.1M in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
The charitable activity of the foundation is to make gifts to other registered charities under the income tax act (canada).
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $6.1M | $3M | — | — | $2.6M | $34.3M |
| 2023 | $971K | $2.3M | — | — | $2M | $31.2M |
| 2022 | -$866K | $1.9M | — | — | $1.6M | $29.3M |
| 2021 | $5.5M | $1.7M | — | — | $1.5M | $32M |
| 2020 | $1.8M | $1.1M | — | — | $846K | $28.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $2M to 9 qualified donees:
- Circle Home Charity Society$335K
- K-W Working Centre for the Unemployed$250K
- Equality Fund Fonds Égalité$250K
- Canadian Unicef Committee$250K
- Hamilton Community Foundation$250K
- Camino Wellbeing + Mental Health$200K
- House of Friendship$200K
- Reception House - Waterloo Region Inc.$150K
- Family & Children's Services of the Regional Municipality of Waterloo Foundation$100K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Heidemarie Henschel (trustee); Rachael Balsillie (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Fairmount Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 809960644RR0001), or read how we compute the receipt.