The N. & J. Richer Foundation
Private foundation · Montreal, Quebec · BN 898133491RR0001 · Foundations
Source: T3010 return, FPE 2024-10-31. Split of total expenditures ($102,442) as filed with the CRA.
The N. & J. Richer Foundation is a private foundation based in Montreal, Quebec, classified by the CRA under foundations. In its fiscal year ending October 31, 2024, it reported $15K in revenue and $102K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 63% of peers.
As a grantmaker, it reported gifts to 1 qualified donee totalling $100K in 2024, the largest being $100K to The Sir Mortimer B. Davis Jewish General Hospital Foundation. Revenue has declined over its filings on record here, from $29K in 2020 to $15K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The only programs that were carried out during the year were donations made to qualified doneees.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $15K | $102K | — | — | $100K | $529K |
| 2023 | $36K | $29K | — | — | $25K | $617K |
| 2022 | $28K | $24K | — | — | $22K | $610K |
| 2021 | $30K | $23K | — | — | $21K | $600K |
| 2020 | $29K | $27K | — | — | $25K | $598K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $100K to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Eric Richer; Rhonda Richer (vice president); Malerie Lipa.
As listed on its 2024 return.
Check the source
Every figure on this page is from The N. & J. Richer Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 898133491RR0001), or read how we compute the receipt.