The Stairs Foundation/La fondation stairs
Private foundation · Hudson, Quebec · BN 898331178RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($143,521) as filed with the CRA.
The Stairs Foundation/La fondation stairs is a private foundation based in Hudson, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $309K in revenue and $144K in expenditures.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 18% of peers.
As a grantmaker, it reported gifts to 11 qualified donees totalling $90K in 2024, the largest being $23K to McGill University Health Centre. Revenue has grown substantially over its filings on record here, from $56K in 2020 to $309K in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
The foundation made gifts to qualified donees. The foundation mission is to provide relief from poverty and support other services beneficial to the community
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $309K | $144K | — | — | $90K | $2.8M |
| 2023 | $86K | $133K | — | — | $89K | $2.2M |
| 2022 | $84K | $132K | — | — | $77K | $2.1M |
| 2021 | $103K | $117K | — | — | $63K | $2.4M |
| 2020 | $56K | $94K | — | — | $58K | $2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$39,528
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 $90K to 11 qualified donees:
- McGill University Health Centre$23K
- The Montreal General Hospital Foundation$20K
- The Governing Council of the Salvation Army in Canada$12K
- Old Brewery Mission Foundation / Fondation Mission Old Brewery$7,500
- The Ottawa Hospital Foundation/la Fondation de l'Hopital d'Ottawa$6,000
- Batshaw Youth and Family Centres Foundation$6,000
- Homes For Heroes Foundation$5,000
- Camp Amy Molson Inc.$5,000
- Operation Eyesight Canada$2,500
- Orchestre Symphonique de Montreal/montreal Symphony Orchestra$2,000
- Montréal SPCA Foundation$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Richard Sutton (president); Rachel Sutton (vice-president).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Stairs Foundation/La fondation stairs’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 898331178RR0001), or read how we compute the receipt.