Icelandic River Community Foundation Inc.
Public foundation · Arborg, Manitoba · BN 834178428RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($45,894) as filed with the CRA.
Icelandic River Community Foundation Inc. is a public foundation based in Arborg, Manitoba, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $133K in revenue and $46K in expenditures.
Its funding that year was roughly 7% from donations, 17% from other charities. In 2024, 2 other registered charities reported granting it a combined $6,269.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 19% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $14K in 2024, the largest being $8,672 to The Winnipeg Foundation. Revenue has grown substantially over its filings on record here, from $44K in 2020 to $133K in 2024. Its filed list of directors and trustees shows 9 names.
In its own words
Organization and planning to fulfill mandate of the icelandic river community foundation inc which is to improve the quality of life within the boundaries of the rural municipality of bifrost including the town of arborg and the village of riverton.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $133K | $46K | $1,000 | — | $28K | $757K |
| 2023 | $266K | $259K | $1,000 | — | $247K | $680K |
| 2022 | $74K | $38K | — | — | $28K | $569K |
| 2021 | $403K | $355K | — | — | $353K | $587K |
| 2020 | $44K | $26K | — | — | $26K | $221K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $14K to 3 qualified donees:
Received $6,269 from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Candy Cherepak (board member); Crystal Sigurdson (board member); Larry Speiss (president); John Sigurdson (treasurer); Tim Reimer (board member); Linda Oddleifson (secretary); Ryan Sigurdson (vice-president); Michael Maksymchuk (board member); James Semchyshyn (board member).
As listed on its 2024 return.
Check the source
Every figure on this page is from Icelandic River Community Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 834178428RR0001), or read how we compute the receipt.