Canada Iceland Foundation Inc.
Charitable organization · Winnipeg, Manitoba · BN 892215369RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-04-30. Split of total expenditures ($30,815) as filed with the CRA.
Canada Iceland Foundation Inc. is a charitable organization based in Winnipeg, Manitoba, classified by the CRA under support of schools and education. In its fiscal year ending April 30, 2024, it reported $112K in revenue and $31K in expenditures.
Its funding that year was roughly 47% from donations, 6% from other charities. In 2024, 2 other registered charities reported granting it a combined $7,096.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 19% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
It reported gifts to 1 qualified donee totalling $300 in 2024, the largest being $300 to New Iceland Heritage Museum Inc. Revenue has grown substantially over its filings on record here, from $8,313 in 2020 to $112K in 2024. Its filed list of directors and trustees shows 16 names.
In its own words
The foundation awards scholarships and grants to associations and individuals to research and showcase icelandic and icelandic-canadian history arts and cultural programs and projects to which the foundation believes preserves and promotes icelandic heritage.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $112K | $31K | $18K | — | — | $649K |
| 2023 | $51K | $26K | $20K | — | $20K | $568K |
| 2022 | $31K | $17K | $11K | — | — | $543K |
| 2021 | $77K | $14K | $6,250 | — | — | $530K |
| 2020 | $8,313 | $11K | $6,000 | — | — | $467K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $300 to 1 qualified donee:
- New Iceland Heritage Museum Inc$300
Received $7,096 from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Elva Simundsson (president); Helga Van Iderstine (past vice president); Timothy Samson (director); Kristjan Sigurdson (treasurer); Avery Simundsson (secretary); William Perlmutter (director); Lorna Tergesen (director); Ruth Kristjanson (director); Laureen Brandson (director); Peter John Buchan (director); Katrin Nielsdottir (director); Serena Goebel (director); Angela Collins (director); Don Bjornson (vice president); Shawn Bjornsson (director); Salin Guttormsson (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Canada Iceland Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 892215369RR0001), or read how we compute the receipt.