The Foundation ofthe 'Université de Sherbrooke'
Public foundation · Sherbrooke, Quebec · BN 888188661RR0001 · Support of Schools and Education · website
Source: T3010 return, FPE 2024-04-30. Split of total expenditures ($21,001,113) as filed with the CRA.
The Foundation ofthe 'Université de Sherbrooke' is a public foundation based in Sherbrooke, Quebec, classified by the CRA under support of schools and education. In its fiscal year ending April 30, 2024, it reported $41.2M in revenue and $21M in expenditures.
Its funding that year was roughly 57% from donations, 16% from other charities. In 2024, 49 other registered charities reported granting it a combined $4.9M.
Compared with 74 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 18% of peers. Its fundraising cost per donated dollar was lower than 87% of that peer group. Its highest-paid position fell in the $160,000–199,999 range. The charity reported 23 permanent full-time positions.
As a grantmaker, it reported gifts to 1 qualified donee totalling $13.1M in 2024, the largest being $13.1M to Universite de Sherbrooke. Revenue has grown substantially over its filings on record here, from $20.3M in 2020 to $41.2M in 2024. Its filed list of directors and trustees shows 15 names.
In its own words
Attribution via des dons pour : - facultés bureaux et services laboratoires équipements scientifiques informatiques et multimédia bourses d'excellence et de soutien financier aux étudiants développement des bibliothèques établissement de chercheurs soutien à l'enseignement et à la recherche projets spéciaux et amélioration du parc immobilier.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $41.2M | $21M | $2.3M | $585K | $13.1M | $141.2M |
| 2023 | $29.2M | $16.7M | $2.1M | $326K | $10M | $120.5M |
| 2022 | $30.9M | $15.5M | $1.6M | $493K | $10M | $112.5M |
| 2021 | $22.4M | $15.3M | $1.2M | $39K | $11.4M | $104.2M |
| 2020 | $20.3M | $12.5M | $1.2M | $195K | $7.1M | $81.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $13.1M to 1 qualified donee:
- Universite de Sherbrooke$13.1M
Received $4.9M from 49 charities:
- Centre de Recherche Medicale de l'Universite de Sherbrooke Medicale Research Centre of the University of Sherbrooke$1M
- The Montreal General Hospital Foundation$525K
- Fondation Jean-Luc Gravel et Brigitte Breton$410K
- Fondation J-Louis Lévesque$400K
- Fondation du Centre Hospitalier Universitaire de Sherbrooke Inc.$285K
- The Molson Foundation/fondation Molson$250K
- Hewitt Foundation$250K
- Sandra and Alain Bouchard Foundation$250K
- Fondation-Antoine-Turmel /antoine Turmel Foundation$200K
- Conam Charitable Foundation$150K
- J. Armand Bombardier Foundation$100K
- Fondation Huguette et Jean-Louis-Fontaine$100K
- Nexcap Fondation$100K
- Fondation de la Famille Lemaire$100K
- Fondation Famille Léger$100K
- La Fondation Rossy The Rossy Foundation$75K
- Strategic Charitable Giving Foundation$53K
- Fondation Lorraine et Jean Turmel$50K
- The Birks Family Foundation$50K
- Fondation Janine Bombardier$50K
- Universite de Sherbrooke$45K
- Institut de recherche en économie contemporaine$41K
- Godin Family Foundation$40K
- Canadian Online Giving Foundation$34K
- Fondation Claude et Marie Claude Ouimet Inc.$26K
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $160,000–199,9991 position
- $120,000–159,9997 positions
- $80,000–119,9992 positions
- Permanent full-time positions23
- Total compensation, all staff$2M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Vincent Aimez (administrateur); Sylvie Archambault (vice présidente); Lucie Bégin (administratrice); Geneviève Brouillard (administratrice); Pierre Cossette (administrateur); Josée Darche (administratrice); Dominique Dorion (administrateur); Alain Hade (administrateur); Vincent Joli-Coeur (président); Ève Langelier (administratrice); Marc Christopher Lavoie (administrateur); Sandra Martel (secrétaire trésorière); François Thibault (administrateur); David W. Tremblay (administrateur); Nicolas Dionne (administrateur).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Foundation ofthe 'Université de Sherbrooke'’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 888188661RR0001), or read how we compute the receipt.