DRM Foundation
Private foundation · Kentville, Nova Scotia · BN 811579416RR0001 · Foundations
Source: T3010 return, FPE 2022-12-31. Split of total expenditures ($195,787) as filed with the CRA.
DRM Foundation is a private foundation based in Kentville, Nova Scotia, classified by the CRA under foundations. In its fiscal year ending December 31, 2022, it reported $748K in revenue and $196K in expenditures.
Its funding that year was roughly 80% from donations.
Compared with 2,460 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 35% of peers.
As a grantmaker, it reported gifts to 14 qualified donees totalling $150K in 2022, the largest being $34K to Evangeline Recreation Society. Revenue has grown substantially over its filings on record here, from $352K in 2020 to $748K in 2022. Its filed list of directors and trustees shows 3 names.
In its own words
To accept solocot and receive gifts donations and bequests of property of every description from the settlor or from any other persons and maintain the trust fund and apply the trust fund in cash or in kind including any income or capital gains realized from the trust fund to other charitable that are registered under the income tax act
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2022
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2022 | $748K | $196K | — | — | $150K | $4.8M |
| 2021 | $758K | $248K | — | — | $132K | $4.2M |
| 2020 | $352K | $217K | — | — | $135K | $3.7M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2022
Granted $150K to 14 qualified donees:
- Evangeline Recreation Society$34K
- Stephen Lewis Foundation$16K
- Canadian Unicef Committee$16K
- Oxfam Canada$13K
- Portal Youth Outreach Association$9,500
- The Apple Tree Foundation Society$8,000
- Alzheimer Society of Nova Scotia$8,000
- Open Arms Resource Centre Society$7,500
- Survivors of Abuse Recovering (s.o.a.r.) Society$7,500
- Hope for Mental Health Society$7,500
- Phoenix Youth Programs Charitable Foundation$7,000
- Adolescent Health & Support Centre$6,500
- Inter Pares$6,000
- Nova Scotia Community College Foundation$4,500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2021)
David Mulhall (trustee); Jennifer Dingle (trustee); Loretta Kalkman (trustee).
As listed on its 2021 return.
Check the source
Every figure on this page is from DRM Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 811579416RR0001), or read how we compute the receipt.