Alex and Peggy Colonello Foundation Inc.
Private foundation · Winnipeg, Manitoba · BN 779856517RR0001 · Foundations
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($209,741) as filed with the CRA.
Alex and Peggy Colonello Foundation Inc. is a private foundation based in Winnipeg, Manitoba, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $212K in revenue and $210K in expenditures.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 38% of peers.
As a grantmaker, it reported gifts to 2 qualified donees totalling $168K in 2024, the largest being $161K to Golf Canada Foundation. Revenue has declined over its filings on record here, from $2.9M in 2020 to $212K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
The purpose of the foundation is to receive and maintain a fund or funds and to apply all or part of the principal and income therefrom from time to time to qualified donees as defined in subsection 149.1(1) of the income tax act (canada).
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $212K | $210K | — | — | $168K | $3.6M |
| 2023 | $230K | $172K | — | — | $126K | $3.6M |
| 2022 | $266K | $166K | — | — | $120K | $3.5M |
| 2021 | $473K | $135K | — | — | $89K | $3.4M |
| 2020 | $2.9M | $7,398 | — | — | — | $3.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, November 30, 2024
- Investment income$168,441
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2024
Granted $168K to 2 qualified donees:
- Golf Canada Foundation$161K
- Manitoba Sports Hall of Fame and Museum Incorporated$7,500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Robert Macdonald (director); Margaret Homeniuk (director); Walter Silicz (director); Stephen Bannatyne (director); Dillon Acheson (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Alex and Peggy Colonello Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 779856517RR0001), or read how we compute the receipt.