Heather Ryan & L. David Dube Foundation Inc.
Private foundation · Saskatoon, Saskatchewan · BN 815762471RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($3,633,042) as filed with the CRA.
Heather Ryan & L. David Dube Foundation Inc. is a private foundation based in Saskatoon, Saskatchewan, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $2.7M in revenue and $3.6M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 91% 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 93% of peers.
As a grantmaker, it reported gifts to 9 qualified donees totalling $3.6M in 2024, the largest being $1.8M to Saskatchewan Polytechnic. Revenue has grown substantially over its filings on record here, from $300K in 2020 to $2.7M in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The foundation raises funds generates income from investments and makes donations 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 | $2.7M | $3.6M | — | — | $3.6M | $4.1M |
| 2023 | $4.5M | $564K | — | — | $558K | $5M |
| 2022 | $44K | $529K | — | — | $525K | $1.1M |
| 2021 | $2M | $471K | — | — | $467K | $1.6M |
| 2020 | $300K | $283K | — | — | $280K | $12K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $3.6M to 9 qualified donees:
- Saskatchewan Polytechnic$1.8M
- Royal University Hospital Foundation Inc.$1M
- Golf Canada Foundation$360K
- The Nature Conservancy of Canada$250K
- North Saskatchewan Regiment Fund Inc.$84K
- The Governing Council of the Salvation Army in Canada/conseil de Direction de l'Armée du Salut du Canada$75K
- Sanctum Care Group Inc.$50K
- Saskatoon Friendship Inn$30K
- Shakespeare on the Saskatchewan Festival Inc.$25K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
David Dube (president); Heather Ryan (director); Harriet Inglesby (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Heather Ryan & L. David Dube Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 815762471RR0001), or read how we compute the receipt.