Bancroft Gem and Mineral Club
Charitable organization · Bancroft, Ontario · BN 118798768RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($12,226) as filed with the CRA.
Bancroft Gem and Mineral Club is a charitable organization based in Bancroft, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending December 31, 2024, it reported $11K in revenue and $12K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 35% 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 36% of peers.
Its filed list of directors and trustees shows 4 names.
In its own words
The organization operates and maintains the bancroft mineral museum currently having a display at the bancroft and district chamber of commerce. We hold monlthy meetings featuring professional programs on various aspects of earth science to keep current with theories and expend knowledge for the attendees. We hold an annual show to promote knowledge to the public in earth science and all it's aspects. We maintain a reference library of minerals and gems.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $11K | $12K | $10K | — | — | $130K |
| 2023 | $12K | $5,293 | $4,409 | — | — | $132K |
| 2022 | $7,853 | $2,579 | $1,903 | — | — | $125K |
| 2021 | $2,192 | $3,493 | $68 | — | — | $120K |
| 2020 | $7,461 | $2,657 | $394 | — | — | $121K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Directors & trustees (2024)
Arthur Buss (president); Christopher Fouts (vice president); Wendy Melanson (treasurer); Jacquie Buss (secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from Bancroft Gem and Mineral Club’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 118798768RR0001), or read how we compute the receipt.