Arctic Inspiration Prize Charitable Trust
Charitable organization · Ottawa, Ontario · BN 770661528RR0001 · Foundations · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($3,254,793) as filed with the CRA.
Arctic Inspiration Prize Charitable Trust is a charitable organization based in Ottawa, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $9.3M in revenue and $3.3M in expenditures.
Its funding that year was roughly 9% from donations, 5% from government, 8% from other charities. In 2024, 2 other registered charities reported granting it a combined $300K.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 66% of peers. Its highest-paid position fell in the $160,000–199,999 range. The charity reported 1 permanent full-time position.
Revenue has grown substantially over its filings on record here, from $4.8M in 2020 to $9.3M in 2024. Its filed list of directors and trustees shows 11 names.
In its own words
The artic inspiration prize encourages enables and celebrates the inspiring achievements of the people of the north. Teams are awarded prize funds in order to enable them to bring their innovations plans to action in their northern communities. Each year up to $3 million is awarded to up to 10 teams across three prize categories. Le prix inspiration arctique encourage soutient et reconnait les realisations des populations du grand nord. Les equipes laureates obtiennent des founds pour concretiser leurs projets novateurs dand des collectives nordiques. Tous les an jusq a dix equipes se pa…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $9.3M | $3.3M | $3M | — | — | $34.9M |
| 2023 | $5.6M | $3.2M | $2.8M | — | — | $28.9M |
| 2022 | -$1.5M | $3.5M | $3.2M | — | — | $26.4M |
| 2021 | $7.8M | $3.3M | $2M | — | $1.1M | $31.4M |
| 2020 | $4.8M | $2.7M | $1M | — | $1.6M | $26.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $300K from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $160,000–199,9991 position
- Permanent full-time positions1
- Total compensation, all staff$50K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Jacqueline Dawson (trustee); Jenna Gilbride (trustee); Blair Hogan (trustee); Reanna Johnston (trustee); Andrew Moorhouse (trustee); Wally Schumann (chair); Arnold Witzig (trustee); Bruce Lawson (trustee); Tiffany Eckert-Maret (trustee); Peggy Day (trustee); Alexander Buchan (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Arctic Inspiration Prize Charitable Trust’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 770661528RR0001), or read how we compute the receipt.