Algoma Steel Inc. Employees' Charity Trust
Private foundation · Sault Ste. Marie, Ontario · BN 813602018RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($172,537) as filed with the CRA.
Algoma Steel Inc. Employees' Charity Trust is a private foundation based in Sault Ste. Marie, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $173K in revenue and $173K in expenditures.
Its funding that year was roughly 100% from donations.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 92% of peers.
As a grantmaker, it reported gifts to 2 qualified donees totalling $173K in 2024, the largest being $123K to United Way Sault Ste. Marie & Algoma District. Its filed list of directors and trustees shows 1 name.
In its own words
Prpogram includes payroll deductions for pledges from employees of algoma steel inc. And remitting to designated charities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $173K | $173K | — | — | $173K | — |
| 2023 | $170K | $170K | — | — | $170K | — |
| 2022 | $158K | $158K | — | — | $158K | — |
| 2021 | $155K | $155K | — | — | $155K | — |
| 2020 | $205K | $205K | — | — | $205K | — |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $173K to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Rajat Marwah (director/trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Algoma Steel Inc. Employees' Charity Trust’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 813602018RR0001), or read how we compute the receipt.