Charity BreakdownCanadian charity filings, itemized

The Pierre L.Morrissette Family Foundation

Private foundation · Oakville, Ontario · BN 838120459RR0001 · Foundations

Every $100 spentThe Pierre L.Morrissette Family FoundationFiscal year ended December 31, 2024
Gifts to other charities$99
Other$1
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($517,591) as filed with the CRA.

The Pierre L.Morrissette Family Foundation is a private foundation based in Oakville, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $688K in revenue and $518K in expenditures.

Its funding that year was roughly 73% from donations.

Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 79% of peers.

As a grantmaker, it reported gifts to 3 qualified donees totalling $510K in 2024, the largest being $400K to The University of Western Ontario. Revenue has grown substantially over its filings on record here, from $99K in 2020 to $688K in 2024. Its filed list of directors and trustees shows 3 names.

In its own words

The foundation supports through donations organizations that promote health education and the arts in the community.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$688K$518K$510K$783K
2023$745K$850K$850K$613K
2022$502K$467K$460K$726K
2021$704K$456K$450K$691K
2020$99K$358K$350K$443K

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, December 31, 2024

Held at year end$783K$783,070 in total assets
Given away$510Kto 3 charities
That is65.1%of what it holds
Where the money came from
  • Receipted donations$500,000
  • Other income$142,640
  • Investment income$10,158

This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.

Money between charities, 2024

Granted $510K to 3 qualified donees:

Full grant ledger — every year

As reported on the donors’ own T3010 qualified-donee schedules.

Directors & trustees (2024)

Pierre Morrissette (trustee); Alysia Charlton (trustee); Marc Morrissette (trustee).

As listed on its 2024 return.

Check the source

Every figure on this page is from The Pierre L.Morrissette Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 838120459RR0001), or read how we compute the receipt.