Acadian Scholarships Trust Foundation
Publicly funded institution · Summerside, Prince Edward Island · BN 889172243RR0001 · Support of Schools and Education · website
Source: T3010 return, FPE 2023-03-31. Split of total expenditures ($50,423) as filed with the CRA.
Acadian Scholarships Trust Foundation is a charitable organization based in Summerside, Prince Edward Island, classified by the CRA under support of schools and education. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending March 31, 2023, it reported $66K in revenue and $50K in expenditures.
Its funding that year was roughly 14% from donations, 68% from government. Government funding is the majority of its budget.
Compared with 740 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 81% of peers.
Its filed list of directors and trustees shows 4 names.
In its own words
La fondation continue à offrir des bourses d'études aux étudiants et étudiantes de l'ipê qui etudie dans des programmes post secondaire francophone.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2023
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2023 | $66K | $50K | $50K | — | — | $211K |
| 2022 | $40K | $36K | $30K | — | — | $202K |
| 2021 | $13K | — | — | — | — | $187K |
| 2020 | — | $16K | — | — | $16K | $143K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Directors & trustees (2021)
Edgar Arsenault (président); Charles Duguay (vice président); Bill Wiltshire (autre responsable); Jaylynn Shields.
As listed on its 2021 return.
Check the source
Every figure on this page is from Acadian Scholarships Trust Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 889172243RR0001), or read how we compute the receipt.