Caned Foundation
Public foundation · Stonewall, Manitoba · BN 888581246RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($11,856,630) as filed with the CRA.
Caned Foundation is a public foundation based in Stonewall, Manitoba, classified by the CRA under foundations advancing education. In its fiscal year ending June 30, 2024, it reported $18.9M in revenue and $11.9M in expenditures.
Its funding that year was roughly 53% from donations. In 2024, 1 other registered charity reported granting it a combined $101K.
Compared with 74 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 99% of peers.
As a grantmaker, it reported gifts to 8 qualified donees totalling $10.6M in 2024, the largest being $3.4M to Claireville Christian Education Trust. Revenue has grown substantially over its filings on record here, from $7.2M in 2020 to $18.9M in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
Provides funding to support educational institutions which are operating charities.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $18.9M | $11.9M | $11.8M | — | $10.6M | $18.2M |
| 2023 | $15.4M | $13M | $4.2M | — | $8.7M | $11.2M |
| 2022 | $10M | $8.6M | $2.8M | — | $5.7M | $8.7M |
| 2021 | $8.8M | $6.9M | $1.8M | — | $5.1M | $7.1M |
| 2020 | $7.2M | $6.7M | $479K | — | $6M | $5.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $10.6M to 8 qualified donees:
- Claireville Christian Education Trust$3.4M
- Horizon Relief Fund$3.3M
- Discovery Learning Foundation Inc.$1.3M
- Northern Shield Academy Inc.$788K
- Dogwood Independent School Society$487K
- Aurora Learning Foundation$466K
- Fonds de Bienveillance et Secours de Montreal/montreal Benevolent and Relief Fund$462K
- Aurora Learning Foundation (calgary)$448K
Received $101K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Derek Cowie (trustee); David Henry (trustee); Brent Scott (trustee); Randal Cowie (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Caned Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 888581246RR0001), or read how we compute the receipt.