The Richter Charitable Foundation/la Fondation Charitable Richter
Public foundation · Montréal, Quebec · BN 891396483RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($598,435) as filed with the CRA.
The Richter Charitable Foundation/la Fondation Charitable Richter is a public foundation based in Montréal, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $481K in revenue and $598K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 94% 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 98% of peers.
As a grantmaker, it reported gifts to 62 qualified donees totalling $650K in 2024, the largest being $180K to Federation Cja. Revenue has declined over its filings on record here, from $1.5M in 2020 to $481K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
The richter charitable foundation / la fondation charitable richter receives and maintains funds to make gifts contributions and donations to recognized canadian charitable organizations.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $481K | $598K | — | — | $650K | $72K |
| 2023 | $586K | $818K | — | — | $910K | $830K |
| 2022 | $291K | $678K | — | — | $501K | $1.1M |
| 2021 | $333K | $494K | -$200K | — | $677K | $1.4M |
| 2020 | $1.5M | $311K | $200K | — | $98K | $1.6M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, December 31, 2024
- Receipted donations$441,726
- Investment income$26,961
- Other gifts$12,204
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 $650K to 62 qualified donees — largest 25 shown:
- Federation Cja$180K
- Federation Cja$100K
- Segal Centre For Performing Arts$35K
- Centraide Du Grand Montréal$33K
- La Fondation Angus$25K
- Montréal Cancer Institute$25K
- Israel Cancer Research Fund Fondation d'Israël pour la Recherche sur le Cancer$22K
- Fondation du Centre Hospitalier de l'Universite de Montreal$20K
- Israel Cancer Research Fund Fondation d'Israël pour la Recherche sur le Cancer$20K
- Ruelle de l'avenir$15K
- Food Banks Canada/Banques Alimentaires Canada$14K
- Town of Montreal West$10K
- Foundation Neuro-Efficiency Québec$10K
- The Corporation of Spanish and Portugese Jews Shearith Isr ael of Montreal$9,000
- The Corporation of Spanish and Portugese Jews Shearith Isr ael of Montreal$9,000
- La Société pour la Prévention de la Cruauté Envers les Animaux (Canadienne)$7,985
- The Sir Mortimer B. Davis Jewish General Hospital Foundation$7,500
- Israel Cancer Research Fund Fondation d'Israël pour la Recherche sur le Cancer$6,000
- Food Banks Canada/Banques Alimentaires Canada$5,767
- Fondation 'pour enfants seulement'/'Just for kids'foundation$5,000
- Myra's Kids Foundation$5,000
- Fondation 'pour enfants seulement'/'Just for kids'foundation$5,000
- Leucan Inc.$5,000
- Le Bon Dieu dans la Rue Organisation pour Jeunes Adultes$4,879
- La fondation du cancer du sein du Québec/Québec Breast Cancer Foundation$4,436
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Tasso Lagios (president/treasurer); Marc Yedid (director); Danny Ritter (secretary/director); Mindy Mayman (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Richter Charitable Foundation/la Fondation Charitable Richter’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 891396483RR0001), or read how we compute the receipt.