Fondation Navalis Foundation
Public foundation · Ottawa, Ontario · BN 107935181RR0001 · Organizations Relieving Poverty
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($531,744) as filed with the CRA.
Fondation Navalis Foundation is a public foundation based in Ottawa, Ontario, classified by the CRA under organizations relieving poverty. In its fiscal year ending March 31, 2024, it reported $580K in revenue and $532K in expenditures.
Its funding that year was roughly 7% from donations. In 2024, 7 other registered charities reported granting it a combined $9,728.
Compared with 2,470 poverty-relief charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 12% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group. Its highest-paid position fell in the $120,000–159,999 range. The charity reported 2 permanent full-time positions.
As a grantmaker, it reported gifts to 6 qualified donees totalling $137K in 2024, the largest being $50K to Homes For Heroes Foundation. Revenue has declined over its filings on record here, from $3M in 2020 to $580K in 2024. Its filed list of directors and trustees shows 11 names.
In its own words
To provide grants and interests free loans to former and serving members of the naval forces of canada. The merchant navy and their dependants to relieve distress and promote well being. Bursaries are provided to children and grandchildren to the above mention qualified persons.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $580K | $532K | $110K | — | $173K | $4.1M |
| 2023 | -$142K | $511K | $145K | — | $151K | $4.1M |
| 2022 | — | $563K | $334K | — | — | $4.7M |
| 2021 | $4M | $183K | $69K | — | — | $4.3M |
| 2020 | $3M | $312K | $187K | — | — | $3.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, March 31, 2024
- Other income$350,765
- Investment income$189,232
- Receipted donations$26,242
- Other gifts$13,580
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 $137K to 6 qualified donees:
Received $9,728 from 7 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $120,000–159,9991 position
- $40,000–79,9991 position
- Permanent full-time positions2
- Total compensation, all staff$205K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Randy Maze (director); David Hudock (director); Tom Riefesel (president); Linas Pilypaitis (treasurer); Michelaine Lahaie (secretary); Serge Bertrand (vice president); Tim O'Leary (director); Heung Chhay Chao (director); Marta Mulkins (director); Lauren Copeland (director); Cal Bricker (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Fondation Navalis Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 107935181RR0001), or read how we compute the receipt.