EastCoast Lifestyle Foundation Inc.
Private foundation · Bedford, Nova Scotia · BN 703156505RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($132,708) as filed with the CRA.
EastCoast Lifestyle Foundation Inc. is a private foundation based in Bedford, Nova Scotia, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $70K in revenue and $133K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 27% of peers.
As a grantmaker, it reported gifts to 5 qualified donees totalling $18K in 2024, the largest being $5,000 to Mount Allison University. Its filed list of directors and trustees shows 1 name.
In its own words
At east coast lifestyle we believe in supporting the next generation of entrepreneurs and business leaders. That’s why we’re proud to announce the launch of our registered charity; east coast lifestyle foundation. Our foundation is dedicated to helping young people in atlantic canada turn their entrepreneurial dreams into reality. We believe that by providing resources education and mentorship we can empower young people to create successful businesses that not only benefit themselves but also their communities and the region as a whole. Through our foundation we will be providing studen…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2023–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $70K | $133K | $80K | — | $18K | -$21K |
| 2023 | $87K | $63K | $60K | — | — | $24K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $18K to 5 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Alexander Maclean (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from EastCoast Lifestyle Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 703156505RR0001), or read how we compute the receipt.