IBWU Foundation
Charitable organization · North York, Ontario · BN 785354135RR0001 · Organizations Relieving Poverty · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,470) as filed with the CRA.
IBWU Foundation is a charitable organization based in North York, Ontario, classified by the CRA under organizations relieving poverty. In its fiscal year ending December 31, 2024, it reported $8,192 in revenue and $1,470 in expenditures.
Its funding that year was roughly 100% from donations. In 2023, 1 other registered charity reported granting it a combined $2,736.
Its reserves, measured in years of spending on hand, sat in the top decile of the group.
Revenue has declined over its filings on record here, from $30K in 2021 to $8,192 in 2024. Its filed list of directors and trustees shows 7 names.
In its own words
Dignity Community Project The Dignity Community Project organized annually by the IBWU Foundation is a flagship empowerment program designed to create opportunities for young people and families within local communities. This initiative aims to restore dignity by addressing two pressing needs: support for small businesses and access to education through tuition funding. Participants will not only have the opportunity to secure financial support for small business ventures or school fees but will also benefit from mentorship networking opportunities and capacity-building sessions designe…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2021–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $8,192 | $1,470 | — | — | — | $35K |
| 2023 | $7,986 | $11K | — | — | — | $28K |
| 2022 | $19K | $10K | $9,856 | — | — | $31K |
| 2021 | $30K | $22K | $22K | — | $0 | $22K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2023
Received $2,736 from 1 charity:
- Canadahelps Canadon$2,736
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Babs Atafo (director); Laura Awosanya (treasurer); Tom Brown (vice chair); Olanrewaju Duyile (secretary); Emeka Dibua (chair); Olumide Oyefeso (director); Kenneth Egede (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from IBWU Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 785354135RR0001), or read how we compute the receipt.