JOHN T. MCMILLAN JR. MEMORIAL FOUNDATION INC.
Charitable organizationFoundations·P.O. BOX 635 · SAINT JOHN, NB · E2L 4A5·BN 851132761RR0001·website ↗
Last reported: F2024 filing · period ending 2024-04-01
What it does — in its own words
Ongoing programs
PROVIDE SCHOLARSHIPS TO STUDENTS FROM SIMONDS HIGH SCHOOL WHO ARE FURTHERING THIER EDUCATION PROVIDED MONETARY SUPPORT TO INDIVIDUALS AND FAMILIES DIAGNOSED WITH A LIFE THREATENING ILLNESS PROVIDE FUNDING TO LIKE MINDED ORGANIZATIONS TO SUPPORT CANCER RESEARCH AND IMPROVE TREATMENT TO CANCER PATIENTS.
Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗
Tier 1 — what we computed (open data)
From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure.
Cents to cause
T1 · computed (open data)20¢
Per its F2024 T3010, 20¢ of each dollar spent went to programs.
Sector median: 89¢ across 55,155 computed charities.
T3010 line 5000 ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗
Operating overhead
T1 · computed (open data)—
Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.
T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗
Reserves
T1 · computed (open data)81.3 yr
Years current reserves could cover program spending.
Sector quartiles: 0.4 yr / 0.8 yr / 7.5 yr (p25 / median / p90).
T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗
Total revenue
T1 · computed (open data)$44K
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)27%
Share of revenue from receipted donations.
T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
Government-funded
T1 · computed (open data)0%
Share of revenue from federal, provincial, and municipal sources.
T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
Over the years
Every figure as filed at each fiscal period end, 2019–2024.
| Period end | Revenue | Cents to cause | Overhead | Reserves |
|---|---|---|---|---|
| 2019-04-01 | $104K | — | — | — |
| 2020-04-01 | $128K | 179¢✱ | — | 3.7 yr |
| 2021-04-01 | $62K | 48¢ | 52% | 93.1 yr |
| 2022-04-01 | $77K | 34¢ | 66% | 123.2 yr |
| 2023-04-01 | $126K | 7¢ | 93% | 79 yr |
| 2024-04-01 | $44K | 20¢ | — | 81.3 yr |
| trend |
From its T3010 filings (CRA annual releases) · self-reported, not audited by us · when a period is restated in a later release, the newest figures are shown · ✱ = cents-to-cause outside the valid 0–100% range (filing error; not used in rankings). source ↗
★ Tier 2 — Charity Intelligence (analyst-reviewed)
Not rated by Charity Intelligence. Their analysts cover 618 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.
Board of directors
7 directors reported · 4 of 7at arm's length
- MACDONALD, JEFFCHAIRMANarm's length
- BINGHAM, CHRISTOPHERDIRECTORarm's length
- DOBSON, ROBERT DTREASURERnot at arm's length
- LUMSDEN, CHERIDIRECTORnot at arm's length
- WILLISTON, COLINDIRECTORarm's length
- SKERRY, JACKDIRECTORarm's length
- DOBSON, KENNETHDIRECTORnot at arm's length
From its F2024T3010 filing (public CRA record), as filed. “Arm's length” means not related to other officials by family or business ties. source ↗
Right of reply
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