Anderson Family Memorial; Scholarship Fund
Private foundation · Powassan, Ontario · BN 891808883RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,030) as filed with the CRA.
Anderson Family Memorial; Scholarship Fund is a private foundation based in Powassan, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $360 in revenue and $1,030 in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 100% from donations.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 65% of peers.
Revenue has grown substantially over its filings on record here, from $80 in 2020 to $360 in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
Awarding a $500.00 scholarship to a m deserving student in our home area chisholm township; who is continuing on to post secondary education
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $360 | $1,030 | $1,000 | — | — | $2,461 |
| 2023 | $752 | $513 | $500 | — | — | $2,893 |
| 2022 | $20 | — | — | — | — | $2,893 |
| 2021 | $250 | — | — | — | — | $3,386 |
| 2020 | $80 | — | — | — | — | $4,156 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Directors & trustees (2024)
Steve Bunn (trsutee); Gloria Anderson (trustee); Jane Mortson (trustee); Douglas Arnold (trustee); Henry Anderson (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Anderson Family Memorial; Scholarship Fund’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 891808883RR0001), or read how we compute the receipt.