The Martlet Foundation
Public foundation · Montréal, Quebec · BN 119244333RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-04-30. Split of total expenditures ($399,083) as filed with the CRA.
The Martlet Foundation is a public foundation based in Montréal, Quebec, classified by the CRA under foundations advancing education. In its fiscal year ending April 30, 2024, it reported $665K in revenue and $399K in expenditures.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 42% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 1 qualified donee totalling $313K in 2024, the largest being $313K to Royal Institution for the Advancement of Learning. Its filed list of directors and trustees shows 10 names.
In its own words
To recruit select and promote students and to provide guidance in the distribution of mcgill athletic funds special projects. To award scholarships and fellowships. To promote excellence in athletics and academics for university students.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $665K | $399K | — | — | $313K | $6.7M |
| 2023 | -$15K | $326K | — | — | $246K | $6.4M |
| 2022 | $644K | $374K | — | — | $191K | $6.7M |
| 2021 | $1.4M | $256K | — | — | $192K | $6.5M |
| 2020 | -$79K | $266K | — | — | $197K | $5.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $313K to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Christine Florakas (graduates' trustee); Stephen Lloyd (members' trustee); Sally McDougall (governors' trustee); Michael Nelson (chair & govern trustee); Michael Richards (governors' trustee); Bruno Pietrobon (memb. trustee hon. secr.); Greg Weil (manager); Thomas Thompson (advisor); Robert Kerr (honorary treasurer); Jonathan Collin (graduates' trustee membe).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Martlet Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119244333RR0001), or read how we compute the receipt.