The Fernandes Family Foundation
Private foundation · Hudson, Quebec · BN 788083905RR0002 · Foundations
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($2,140,312) as filed with the CRA.
The Fernandes Family Foundation is a private foundation based in Hudson, Quebec, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $13.5M in revenue and $2.1M in expenditures.
Its funding that year was roughly 30% from donations.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 66% of peers.
As a grantmaker, it reported gifts to 5 qualified donees totalling $2M in 2024, the largest being $1.9M to Royal Institution for the Advancement of Learning. Its filed list of directors and trustees shows 5 names.
In its own words
The purposes of the foundation is to provide charitable benefits to the community by receiving and maintaining a fund or funds and applying all or part of the principal and income therefrom from time to time to qualified donees.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2023–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $13.5M | $2.1M | — | — | $2M | $26.3M |
| 2023 | $17.1M | $252K | — | — | $148K | $14.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $2M to 5 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Lester Fernandes (director); Marc-Andre Fernandes (director); Marie-Helene Fernandes (director); Gilles Lemieux (director); Leanne Herbert (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Fernandes Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 788083905RR0002), or read how we compute the receipt.