Good Foundation Inc.
Private foundation · London, Ontario · BN 102145224RR0001 · Foundations · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($1,015,900) as filed with the CRA.
Good Foundation Inc. is a private foundation based in London, Ontario, classified by the CRA under foundations. In its fiscal year ending March 31, 2024, it reported $2.3M in revenue and $1M in expenditures.
Its funding that year was roughly 22% from donations.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 57% of peers.
As a grantmaker, it reported gifts to 27 qualified donees totalling $894K in 2024, the largest being $500K to The University of Western Ontario. Revenue has grown substantially over its filings on record here, from $176K in 2020 to $2.3M in 2024. Its filed list of directors and trustees shows 6 names.
In its own words
The foundation recieved donated funds from current investments (and family donations) andd provides gifts/grants to qualified donees.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2.3M | $1M | — | — | $914K | $14.1M |
| 2023 | -$206K | $555K | — | — | $470K | $12.8M |
| 2022 | $2.3M | $599K | — | — | $512K | $13.7M |
| 2021 | $3.4M | $638K | — | — | $570K | $12M |
| 2020 | $176K | $551K | — | — | $486K | $9.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $894K to 27 qualified donees — largest 25 shown:
- The University of Western Ontario$500K
- London Regional Children's Museum$50K
- London Symphonia$50K
- Museum London$50K
- The Grand Theatre Foundaton$50K
- Brassroots$20K
- Ottawa School of Art Ecole d'Art d'Ottawa$18K
- The University of Western Ontario$16K
- London and Middlesex Heritage Museum$15K
- Highlands Opera Theatre$15K
- Blyth Centre for the Arts$12K
- Aeolian Hall Musical Arts Association$10K
- The Canadian Arabic Orchestra$10K
- The University of Western Ontario$10K
- The Royal Canadian College of Organists/le College Royal Canadien des Organistes$10K
- Homer Watson House Foundation$8,650
- Crouch Neighbourhood Resource Centre$7,500
- Investing in Children Inc.$6,000
- Elora Centre for the Arts$6,000
- London Youth Symphony$5,000
- Cambridge Symphony Orchestra$5,000
- Forest City School for Strings$5,000
- Brassroots$4,350
- Achill Choral Society Corporation$3,000
- Paisley Blues Festival$3,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
James Good (president); John Good (vice-president); Eva Good (secretary/treasurer); Thomas Good (director); James Good (director); Anita Lahey (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Good Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 102145224RR0001), or read how we compute the receipt.