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The Cole foundation/La Fondation Cole

Private foundationFoundations·404 - 310 AV VICTORIA · WESTMOUNT, QC · H3Z 2M9·BN 890929557RR0001·website ↗

Last reported: F2024 filing · period ending 2024-12-31

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.

What it does — in its own words

Ongoing programs

The Cole Foundation supports research and care in pediatric and young adult leukemia and lymphoma in the Montreal area through the funding of doctoral and post-doctoral Fellowships Transition grants for early-career researchers and also through the funding of social services support for patients and their families at Montreal area pediatric hospitals. Other leukemia or young adult lymphoma research projects are occasionally funded. The Foundation also runs a program called 'Intercultural Conversations - conversations interculturelles' which offers funding to Montreal-based theatre compan Show more

The Cole Foundation supports research and care in pediatric and young adult leukemia and lymphoma in the Montreal area through the funding of doctoral and post-doctoral Fellowships Transition grants for early-career researchers and also through the funding of social services support for patients and their families at Montreal area pediatric hospitals. Other leukemia or young adult lymphoma research projects are occasionally funded. The Foundation also runs a program called 'Intercultural Conversations - conversations interculturelles' which offers funding to Montreal-based theatre companies for the production commission or translation of plays which feature diverse cultures. In line with this theme the Foundation also contributes to programs supporting emerging or diverse playwrights actors translators and also literature festivals and awards.

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.

Disbursed to qualified donees

T1 · computed (open data)

73%

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 ↗

Operating overhead

T1 · computed (open data)

22%

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)

242 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)

$4.7M

Last-reported total revenue.

T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗

Donor-funded

T1 · computed (open data)

0%

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, 20192024.

Period endRevenueCents to causeOverheadReserves
2019-12-31$4.2M19¢44%373.6 yr
2020-12-31$69K48¢7%182.7 yr
2021-12-31$8.9M36¢9%270.9 yr
2022-12-31$-3633K31¢21%256 yr
2023-12-31$4.3M33¢20%246.5 yr
2024-12-31$4.7M33¢22%242 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

14 directors reported · 9 of 14at arm's length

  • Boyle, PierreDirectorarm's length
  • Chartrand, PierreDirectorarm's length
  • Cole, BarryPresident and Chairnot at arm's length
  • Cole, GabrielleDirectornot at arm's length
  • Cole, VivianeDirectornot at arm's length
  • Kaplan, Charles KDirectorarm's length
  • Laidley, DavidDirector - Treasurerarm's length
  • Lewis, AnneDirectornot at arm's length
  • Lewis, EvanDirectornot at arm's length
  • McNiven, BruceDirectorarm's length
Show all 14 directors
  • Tibaldo, EmmaDirectorarm's length
  • Rouleau, GuyDirectorarm's length
  • Wells, Nancy EPresidentarm's length
  • Perreault, ClaudeDirectorarm'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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Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗

The Cole foundation/La Fondation Cole: CRA filing and financial data · Charity Compass