Greenwoods Foundation
Public foundation · Salt Spring Island, British Columbia · BN 861287258RR0001 · Relief of the Aged · website
Source: T3010 return, FPE 2023-09-08. Split of total expenditures ($848,089) as filed with the CRA.
Greenwoods Foundation is a public foundation based in Salt Spring Island, British Columbia, classified by the CRA under relief of the aged. In its fiscal year ending September 8, 2023, it reported $46K in revenue and $848K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 100% from donations. In 2024, 1 other registered charity reported granting it a combined $96K.
Compared with 177 seniors' charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 81% of peers.
Revenue has declined over its filings on record here, from $69K in 2020 to $46K in 2023. Its filed list of directors and trustees shows 1 name.
In its own words
The foundation undertakes an annual appeal to raise money to support the needs and programs of greenwoods eldercare society. Greenwood eldercare society is a registered charity which operates licensed assisted living and intermediate care facilities on salt spring island british columbia.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2023
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2023 | $46K | $848K | — | — | $847K | — |
| 2022 | $56K | $193K | — | $2,200 | $112K | $156K |
| 2021 | $86K | $42K | — | $4,072 | $21K | $239K |
| 2020 | $69K | $29K | — | $3,946 | $20K | $249K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $96K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2023)
Mark Cleveland (treasurer).
As listed on its 2023 return.
Check the source
Every figure on this page is from Greenwoods Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 861287258RR0001), or read how we compute the receipt.