Covell and Edwina Foundation
Private foundation · Collingwood, Ontario · BN 767958721RR0001 · Foundations
Source: T3010 return, FPE 2024-08-31. Split of total expenditures ($66,848) as filed with the CRA.
Covell and Edwina Foundation is a private foundation based in Collingwood, Ontario, classified by the CRA under foundations. In its fiscal year ending August 31, 2024, it reported $40K in revenue and $67K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 52% of peers.
As a grantmaker, it reported gifts to 9 qualified donees totalling $63K in 2024, the largest being $24K to 13th Round Fight for Life. Revenue has declined over its filings on record here, from $141K in 2020 to $40K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The charity is a private foundation that provides financial support to other charitable organizations.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $40K | $67K | — | — | $63K | $737K |
| 2023 | $52K | $25K | — | — | $22K | $764K |
| 2022 | $40K | $22K | — | — | $21K | $738K |
| 2021 | $256K | $29K | — | — | $28K | $720K |
| 2020 | $141K | $21K | — | — | $19K | $494K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, August 31, 2024
- Investment income$29,367
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2024
Granted $63K to 9 qualified donees:
- 13th Round Fight for Life$24K
- The Mackenzie Institute for the Study of Terrorism Revolution and Propaganda$15K
- Kayla's Children Centre$10K
- Canadian Stage$4,500
- Canadian Foundation for AIDS Research/fondation Canadienne de Recherche sur le Sida$2,900
- Women's College Hospital Foundation$2,500
- Toronto Summer Music Foundation$2,000
- NATO Association of Canada/Association Canadienne Pour L'OTAN$1,000
- Holiday Helpers Canada$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Winsome Brown (director); Nicholas Brown (director); Edwina Melville-Gray (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Covell and Edwina Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 767958721RR0001), or read how we compute the receipt.