Hylife Foundation Inc.
Private foundation · Steinbach, Manitoba · BN 733206296RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,950,000) as filed with the CRA.
Hylife Foundation Inc. is a private foundation based in Steinbach, Manitoba, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $22K in revenue and $1.9M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 80% of peers.
As a grantmaker, it reported gifts to 9 qualified donees totalling $5M in 2023, the largest being $5M to Southeast Events Group Foundation Inc.. Revenue has declined over its filings on record here, from $2.4M in 2020 to $22K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
The charity raises receives maintains and manages funds and direct all or part of the income derived therefrom for charitable purposes through donations to qualified donees as defined in the income tax act (canada) as amended from time to time. The organization provides support for charitable causes by making donations to those qualified donees (as recognized by the canada revenue agency) who are engaged in charitable undertakings.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $22K | $1.9M | — | — | $1.9M | $50K |
| 2023 | $87K | $5M | — | — | $5M | $2M |
| 2022 | $217K | $88K | — | — | $88K | $6.9M |
| 2021 | $162K | $86K | — | — | $82K | $6.8M |
| 2020 | $2.4M | $855K | — | — | $817K | $6.7M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2023
Granted $5M to 9 qualified donees:
- Southeast Events Group Foundation Inc.$5M
- Steinbach Bible College Inc.$1,350
- The Steinbach Arts Council Incorporated$1,000
- Youth for Christ (steinbach) Inc$1,000
- The Bethesda Foundation Incorporated$1,000
- Kola Church of the Advent and Cemetery Corporation$800
- Seven Regions Health Foundation Inc.$393
- Recreation Opportunities for Children (ROC) Eastman Inc.$233
- The Turtle Mountain School Division$150
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Donald Janzen (director); Denis Vielfaure (president); Howard Siemens (secretary); Joseph Baudry (director); Raymond Tetrault (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Hylife Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 733206296RR0001), or read how we compute the receipt.