The Medavie Foundation Inc.
Public foundation · Moncton, New Brunswick · BN 853886687RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($7,005,196) as filed with the CRA.
The Medavie Foundation Inc. is a public foundation based in Moncton, New Brunswick, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $9.7M in revenue and $7M in expenditures.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 60% of peers.
As a grantmaker, it reported gifts to 91 qualified donees totalling $6.2M in 2024, the largest being $315K to Right To Food. Its filed list of directors and trustees shows 9 names.
In its own words
During 2024 the medavie foundation continued to provide grants to organizations who improved equitable access to care in the areas of adolescent mental health healthy living and post-traumatic stress
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $9.7M | $7M | $203K | — | $6.2M | $57.9M |
| 2023 | $6.8M | $6.7M | $110K | — | $5.9M | $55.2M |
| 2022 | -$7.2M | $5.5M | — | — | $4.8M | $55.1M |
| 2021 | $12.9M | $4.7M | — | — | $4M | $67.7M |
| 2020 | $9.2M | $4.5M | — | — | $4M | $56.7M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $6.2M to 91 qualified donees — largest 25 shown:
- Right To Food$315K
- The Discovery Centre$250K
- Kidsport Canada$250K
- I W K Health Centre Charitable Foundation$250K
- Canadian Mental Health Association of New Brunswick Inc. / Association canadienne pour la santé mentale du Nouveau-Brunswick Inc.$250K
- University of Regina$156K
- The YMCA of Greater Halifax/dartmouth$153K
- Queen's University at Kingston$150K
- Peter McKee Community Centre Inc.$150K
- Nourish Nova Scotia Society$140K
- Greater Moncton Y.m.c.a. Inc.$132K
- Jeunesse au Soleil / Sun Youth organization$125K
- The Governors of ST. Francis Xavier University$125K
- Fondation Chudumont Foundation Inc.$125K
- Elgin Residential Hospice$125K
- Canadian Institutes of Health Research$125K
- The Fredericton YMCA Inc.$120K
- YMCA of Southwestern New Brunswick Inc.$100K
- Phoenix Youth Programs$100K
- Linck Child Youth and Family Supports$100K
- Le Bon Dieu dans la Rue Organisation pour Jeunes Adultes$100K
- Kenora Chiefs Advisory Inc$100K
- Holland College Foundation Inc.$100K
- Fredericton Community Services Inc.$100K
- Municipalities Newfoundland & Labrador Inc.$100K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Robert Ghiz (board chair); Bernard Lord (director); Ed Barrett (director); Ed Martin (director); Jane Skoblo (director); Kim West (director); Nathalie Boudreau (treasurer); Donna Whiteway (corporate secretary); Patty Faith (chief brand & rep officer).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Medavie Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 853886687RR0001), or read how we compute the receipt.