Cseg Foundation
Charitable organization · Calgary, Alberta · BN 826094740RR0001 · Foundations Advancing Education · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($218,949) as filed with the CRA.
Cseg Foundation is a charitable organization based in Calgary, Alberta, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $197K in revenue and $219K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 46% from government. In 2024, 4 other registered charities reported granting it a combined $87K.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 3% of peers.
It reported gifts to 11 qualified donees totalling $30K in 2024, the largest being $9,000 to The Governors of The University of Calgary. Its filed list of directors and trustees shows 8 names.
In its own words
The cseg foundation's primary activities for 2024 were the sponsorships of student scholarships. Support student outreach programs - gift mentorship conferences distinguished lecturer.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $197K | $219K | — | — | $30K | $2.5M |
| 2023 | $293K | $155K | — | — | $31K | $2.3M |
| 2022 | $118K | $221K | — | — | $26K | $2.2M |
| 2021 | $299K | $224K | — | — | $17K | $2.3M |
| 2020 | $198K | $233K | — | — | $20K | $2.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $30K to 11 qualified donees:
- The Governors of The University of Calgary$9,000
- Memorial University of Newfoundland$4,000
- Université Laval$4,000
- The University of New Brunswick$2,000
- Simon Fraser University$2,000
- University of Toronto Schools$2,000
- Queen's University at Kingston$2,000
- Dalhousie University$2,000
- The University of Manitoba$2,000
- Mount Royal University$500
- University of King's College$500
Received $87K from 4 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Laurie Weston (director); Mauricio Sacchi (chair); Pavlo Cholach (director); Darren Kondrat (director); Felix Oghenekohwo (director); Brian Ingenthron (director); John Duhault (director); Nakamoto Rick (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Cseg Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 826094740RR0001), or read how we compute the receipt.