Valero Energy Foundation of Canada
Public foundation · Montréal, Quebec · BN 841176472RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($631,432) as filed with the CRA.
Valero Energy Foundation of Canada is a public foundation based in Montréal, Quebec, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $781K in revenue and $631K in expenditures.
Its funding that year was roughly 52% 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 14% of peers.
As a grantmaker, it reported gifts to 19 qualified donees totalling $360K in 2024, the largest being $82K to Educaid Education Aid Fund. Revenue has grown substantially over its filings on record here, from $114K in 2020 to $781K in 2024.
In its own words
The foundation's main purpose is to raise funds to support other charitable organizations mostly for the benefit of children and less fortunate individuals.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $781K | $631K | — | — | $360K | $834K |
| 2023 | $686K | $530K | — | — | $293K | $684K |
| 2022 | $560K | $521K | — | — | $345K | $528K |
| 2021 | $778K | $489K | — | — | $340K | $489K |
| 2020 | $114K | $510K | — | — | $510K | $200K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $360K to 19 qualified donees:
- Educaid Education Aid Fund$82K
- Young Musicians of the World$50K
- Allo Prof!$50K
- Fondation Hotel-Dieu de Levis$35K
- La Maison Dalauze Centre D'Hébergement pour Femmes Violentéeavec ou sans enfants$25K
- Fondation Jonction pour Elle$25K
- The Portage Foundation$17K
- Perspectives Jeunesse$15K
- The Lighthouse Children andfamilies$10K
- L'Adoberge Chaudiere-Appalaches$10K
- Fondation du Musee d'Art Contemporain de Montreal$10K
- Service d'Entraide de ST-Jean-Chrysostome$5,000
- Ressources-Naissances$5,000
- Maison Lémerveil Suzanne Vachon$5,000
- La Société Grand Village Inc.$5,000
- Animations scientifiques Prof. Dino$5,000
- Alliance-Jeunesse Chutes-de-la-Chaudière$5,000
- Fondation Québec Philanthrope$1,000
- Fondation de la Maison de Quartier$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
Check the source
Every figure on this page is from Valero Energy Foundation of Canada’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 841176472RR0001), or read how we compute the receipt.