READER'S DIGEST FOUNDATION OF CANADA
Private foundationFoundations advancing education·300 - 5101 RUE BUCHAN · MONTREAL, QC · H4P 1S4·BN 887281392RR0001
Last reported: F2024 filing · period ending 2024-06-30
Disbursed to charities T1
92%
of spending, to other registered charities
Operating overhead T1
51%
typical range 5–35%
Reserves T1
6.4 yr
of program spending, in cash and investments
Revenue T1
—
not in this filing
— means the filing doesn't include the lines needed; details and sources below.·How to read these figures
This is a foundation: it mostly grants money to other charities, so program-spending ratios are the wrong lens. We show the share of spending disbursed to qualified donees instead.
Common questions
How do I donate to Reader's Digest Foundation of Canada?
You can search for it on CanadaHelps to donate. Charity Compass never handles your money — we only link out to where you can give.
Is Reader's Digest Foundation of Canada a registered charity?
Per CRA records, it filed a F2024 T3010 return under charity number 887281392RR0001. Registration status can change, so check the CRA charities listing for its current status. Only a currently registered charity can issue an official donation receipt.
Where is Reader's Digest Foundation of Canada located?
Per its F2024 T3010, its address on file is 300 - 5101 RUE BUCHAN, MONTREAL, QC, H4P 1S4. Source.
How much does Reader's Digest Foundation of Canada disburse to other charities?T1
Per its F2024 T3010, 92% of its spending went to other registered charities (self-reported, not independently verified). Full figures.
What it does — in its own words
No program descriptions in this filing.
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. New to these terms? Read what cents to the cause, overhead and reserves mean.
Disbursed to qualified donees
T1 · computed (open data)92%
Per its F2024 T3010, this share of total spending went to other registered charities.
T3010 line 5050 ÷ 5100 · Self-reported on the T3010; not independently verified. source ↗
51%
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 ↗ · what this means
6.4 yr
Years that cash, bank balances and investments on hand could cover program spending; liabilities and restricted funds are not netted out.
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 ↗ · what this means
Total revenue
T1 · computed (open data)—
Not reported in this filing: the return leaves out the lines this figure needs, so we show nothing rather than an estimate.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)—
Not reported in this filing: the return leaves out the lines this figure needs, so we show nothing rather than an estimate.
T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
—
Not reported in this filing: the return leaves out the lines this figure needs, so we show nothing rather than an estimate.
T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗ · what this means
Over the years
Every figure as filed at each fiscal period end, 2019–2024.
| Period end | Revenue | Overhead | Reserves |
|---|---|---|---|
| 2019-06-30 | $110K | 16% | 4.7 yr |
| 2020-06-30 | $110K | 10% | 3.4 yr |
| 2021-06-30 | $110K | 15% | 4.1 yr |
| 2022-06-30 | $110K | 10% | 3.1 yr |
| 2023-06-30 | $110K | 13% | 4 yr |
| 2024-06-30 | — | 51% | 6.4 yr |
| trend |
Swipe sideways to see every column.
Program-spending share is left out: a foundation's lens is what it disburses, which the annual releases don't break out by year. 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 819 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
5 directors reported · 5 of 5at arm's length
- HAZAN, CORINNEDIRECTORarm's length
- VISSER, MARCELLUSDIRECTORarm's length
- HEBERT, MARKDIRECTORarm's length
- PIGEON, LISADIRECTOR & SECRETARYarm's length
- MONTGOMERY, JOHNDIRECTORarm'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
This charity hasn't added a response yet. When it does, it appears here, beside the numbers, and is never removed. Represent this charity? Submit a response.
Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗