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Community Foundationest. 1999 · Montreal, QC

Foundation of Greater Montreal

Open to any Canadian donor.

Bilingual place-based community foundation serving Greater Montreal (est. 1999). Donors choose between two distinct fund structures at creation: Endowment Fund (10-year to perpetuity horizon) or Philanthropic Fund (under one year to perpetuity, with up to 20% of capital distributable annually). Granting is framed around the UN Sustainable Development Goals.

Place-based public foundation serving a specific geographic region.

Cost calculator

Estimate fees for your scenario. Grants are never reduced by fees — fees apply after each year's granting.

Estimated range
~$17,054 – $26,511
1.25%–2.00% effective · low confidence
Why a range?
Generic peer estimate — FGM does not publish its fee schedule. Range reflects typical all-in cost across similar-sized Canadian community foundations.

Minimums

To open a DAF$10,000

Fund term begins once the balance reaches $10,000.

Granting rules

FrequencyAnnual minimum (donor advises; FGM executes)
Max grants/yearUnlimited
Capital encroachmentPermitted
Disbursement rule5% CRA minimum; Philanthropic Funds can grant up to 20% of capital annually
First-year restrictionsFund term begins only once balance reaches $10,000

Assets accepted

  • Cash
  • Public securities
  • Life insurance
  • Bequests

Scale & activity

From T3010 CRA filing · FYE 2024-12-31

Total DAF assets
$79.3M
Annual grants
$8.1M
Actual payout
10.2%
DAF accounts
150
Avg. account
$528,581

CRA registration 881979124RR0001. Payout rate is actual grants divided by total assets over the filing period — a real-world indicator that can differ from the provider's stated disbursement policy.

Fee structure

Admin fee tiers

Balance rangeRate
$0K+· Fee schedule not publicly disclosed—

FGM charges a percentage of market value monthly, varying by fund term and size. Specific rates not publicly disclosed.

Why this is an estimate

Generic peer estimate — FGM does not publish its fee schedule. Range reflects typical all-in cost across similar-sized Canadian community foundations.

Also consider

Community FoundationVancouver Foundation

One of Canada's earliest community foundations (est. 1943), serving donors across British Columbia. Community advisors with charity expertise review hundreds of grant applications annually to direct Focus Area donations. Permanent endowment model means one gift creates impact year after year.

Community FoundationCalgary Foundation

Calgary and area community foundation (est. 1955) with deep local granting relationships and the most transparent published fee schedule of any Canadian DAF provider, with four tiers across standard and flow-through fund types.

Community FoundationWinnipeg Foundation

Canada's first community foundation by charter (est. 1921), serving Winnipeg and Manitoba. Offers the lowest all-in cost among Canadian community foundations, with tiered investment and admin fees that decrease meaningfully above $10M.

Data sources

Confidence: Not publicly disclosed · Last verified 2026-04-21

Value proposition authored by WellFunded