The Molson Foundation/fondation Molson
Private foundation · Saint-Hubert, Quebec · BN 119245751RR0001 · Foundations
Source: T3010 return, FPE 2024-09-30. Split of total expenditures ($11,849,093) as filed with the CRA.
The Molson Foundation/fondation Molson is a private foundation based in Saint-Hubert, Quebec, classified by the CRA under foundations. In its fiscal year ending September 30, 2024, it reported $10.3M in revenue and $11.8M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
In 2024, 1 other registered charity reported granting it a combined $2.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 79% of peers. Its highest-paid position fell in the $80,000–119,999 range. The charity reported 1 permanent full-time position.
As a grantmaker, it reported gifts to 82 qualified donees totalling $11.6M in 2024, the largest being $1M to The Sir Mortimer B. Davis Jewish General Hospital Foundation. Its filed list of directors and trustees shows 11 names.
In its own words
The molson foundation was created to make gifts grants contributions and donations to hospitals educational institutions or institutes for advancement of education and charitable intitutions or organizations within canada.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $10.3M | $11.8M | — | — | $11.6M | $252.5M |
| 2023 | $45.2M | $7.5M | $287K | — | $7.2M | $254M |
| 2022 | $16.9M | $6.9M | $272K | — | $6.6M | $216.3M |
| 2021 | $56.1M | $7.6M | $255K | — | $7.4M | $206.3M |
| 2020 | -$83.4M | $9.4M | $233K | — | $9.2M | $157.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $11.6M to 82 qualified donees — largest 25 shown:
- The Sir Mortimer B. Davis Jewish General Hospital Foundation$1M
- The Montreal General Hospital Foundation$1M
- Sainte-Justine UHC Foundation$1M
- Douglas mental health university institute foundation$600K
- The Study School Foundation$500K
- Santropol roulant inc./ Santropol On Wheels Inc.$250K
- Royal Institution for the Advancement of Learning$250K
- The Foundation ofthe 'Université de Sherbrooke'$250K
- La fondation de l'hôpital de montréal pour enfants/The Montréal Children's Hospital Foundation$250K
- Fondation Réa/ Rea Foundation$250K
- Fondation Laurent Duvernay-Tardif$250K
- Fondation du CHU de Québec$250K
- Fondation de l'Universite du Quebec en Abitibi-Temiscamingue Inc.$250K
- Fondation de l'Institut de Recherches Cliniques de Montréal$250K
- Centraide Du Grand Montréal$225K
- Université de l'Ontario français$200K
- Montréal Sacré-Coeur Hospital Foundation$200K
- Centre for Addiction and Mental Health Foundation$200K
- Teresa Dellar Palliative Care Residence Foundation Inc.$150K
- Intégration TSA$150K
- University of Ottawa$125K
- Cancer Research Society$125K
- Glenbow - Alberta Institute$125K
- Fondation Hôpital Charles Lemoyne$125K
- Fondation de l'Hopital Notre-Dame Hospital Hearst Ontario$125K
Received $2 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $80,000–119,9991 position
- Permanent full-time positions1
- Total compensation, all staff$199K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Cheryl Kim Anderson (director); Maximilian Hardinge (director); Kevin Leonard (director); Michael McMaster (member); Andrew Molson (president/director); Eric Molson (director); Geoffrey Molson (vice-president/director); M. Justin Molson (member); Stephen Molson (member); Dominique Paliotti (exec dir/ treas./ass.sec.); Tim Anderson (director and secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Molson Foundation/fondation Molson’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119245751RR0001), or read how we compute the receipt.