Dennis & Shell Balon Foundation Inc.
Private foundation · Saskatoon, Saskatchewan · BN 741591507RR0001 · Foundations
Source: T3010 return, FPE 2024-02-28. Split of total expenditures ($12,096) as filed with the CRA.
Dennis & Shell Balon Foundation Inc. is a private foundation based in Saskatoon, Saskatchewan, classified by the CRA under foundations. In its fiscal year ending February 28, 2024, it reported $9,082 in revenue and $12K 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 34% of peers.
As a grantmaker, it reported gifts to 11 qualified donees totalling $10K in 2024, the largest being $1,000 to Boreal Healthcare Foundation Inc.. Its filed list of directors and trustees shows 4 names.
In its own words
We continue to make financial donations to qualified donees.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2023–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $9,082 | $12K | — | — | $10K | $194K |
| 2023 | $213K | $16K | — | — | $3,500 | $197K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, February 28, 2024
- Investment income$9,082
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 $10K to 11 qualified donees:
- Boreal Healthcare Foundation Inc.$1,000
- Native Coordinating Council$1,000
- YWCA Saskatoon Inc.$1,000
- Saskatoon Food Bank Incorporated$1,000
- Jim Pattison Children's Hospital Foundation Inc.$1,000
- ST Paul's Hospital Foundation Inc$1,000
- Royal University Hospital Foundation Inc.$1,000
- Saskatoon City Hospital Foundation Inc.$1,000
- Haven Family Connections Incorporated$1,000
- Prince Albert Society for the Prevention of Cruelty to Animals Inc.$500
- Saskatoon Society for the Prevention of Cruelty to Animals Inc.$500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Baerg CoraLee (director treasurer secretary); Dennis Balon (chief executive officer); Peter Hardman (director); Jezowski Shelly (board member).
As listed on its 2024 return.
Check the source
Every figure on this page is from Dennis & Shell Balon Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 741591507RR0001), or read how we compute the receipt.