Clear Water Academy Property Foundation
Charitable organization · Calgary, Alberta · BN 820920650RR0001 · Support of Religion
Source: T3010 return, FPE 2024-08-31. Split of total expenditures ($1,192,358) as filed with the CRA.
Clear Water Academy Property Foundation is a charitable organization based in Calgary, Alberta, classified by the CRA under support of religion. In its fiscal year ending August 31, 2024, it reported $1.4M in revenue and $1.2M in expenditures.
Its funding that year was roughly 8% from donations, 11% from other charities. In 2024, 8 other registered charities reported granting it a combined $250K.
Compared with 2,238 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 45% of peers.
Its filed list of directors and trustees shows 4 names.
In its own words
Clear Water Academy Property Foundation was formed to promote the efficiency of Clear Water Academy Foundation's charitable programs by providing and maintaining facilities for this purpose and to gift funds to qualified donees as defined in subsection 149.1(1) of the Income Tax Act (Canada).
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.4M | $1.2M | $1M | — | — | $8.8M |
| 2023 | $1.5M | $1.1M | $986K | — | — | $8.8M |
| 2022 | $3.7M | $1.2M | $1M | — | — | $8.9M |
| 2021 | $1.4M | $1.3M | $1.1M | — | — | $6.6M |
| 2020 | $1.9M | $871K | $727K | — | — | $6.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $250K from 8 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Andy Pernal (president & chairman of board); James Smeltzer (secretary); Doug Koop (chair of marketing); Kim Moody (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Clear Water Academy Property Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 820920650RR0001), or read how we compute the receipt.