Cornerstone Formation Inc.
Charitable organization · Regina, Saskatchewan · BN 863626735RR0001 · Support of Religion
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($5,708) as filed with the CRA.
Cornerstone Formation Inc. is a charitable organization based in Regina, Saskatchewan, classified by the CRA under support of religion. In its fiscal year ending December 31, 2024, it reported $4,515 in revenue and $5,708 in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 99% from donations.
Compared with 13,471 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 58% of peers.
It reported gifts to 1 qualified donee totalling $400 in 2024, the largest being $400 to River City Formation Association Inc.. Revenue has declined over its filings on record here, from $12K in 2020 to $4,515 in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
Procure speakers to deliver lectures promoting the spiritual teachings of the Catholic Church to the general public. We provide education to members providing formation services by bringing in priests or lay people to deliver talks or spiritual formation and direction. We provide spiritual retreats for men and women on an annual basis. Provide education to members to enable them to become spiritual leaders by accessing formative retreats in other centers.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $4,515 | $5,708 | $5,170 | — | $400 | $3,144 |
| 2023 | $3,425 | $4,229 | $4,229 | — | $0 | $4,337 |
| 2022 | $14K | $11K | $11K | — | $0 | $5,101 |
| 2021 | — | $818 | $788 | — | — | $2,163 |
| 2020 | $12K | $14K | $14K | — | $0 | $6,185 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $400 to 1 qualified donee:
- River City Formation Association Inc.$400
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Catherine Patterson (director); James Gustafson (director); Diane Goski (director); Kirsten Joubert (director); Lauren Cayer (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Cornerstone Formation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 863626735RR0001), or read how we compute the receipt.