If-Adapt
Private foundation · Rothesay, New Brunswick · BN 748890944RR0001 · Foundations
Source: T3010 return, FPE 2024-11-30. Split of total expenditures ($101,427) as filed with the CRA.
If-Adapt is a private foundation based in Rothesay, New Brunswick, classified by the CRA under foundations. In its fiscal year ending November 30, 2024, it reported $4,132 in revenue and $101K 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 60% of peers.
As a grantmaker, it reported gifts to 4 qualified donees totalling $98K in 2024, the largest being $35K to TRC (The Resource Centre) for Youth in Greater Saint John Inc.. Its filed list of directors and trustees shows 2 names.
In its own words
This charity provided funding to various other charities during the year. This includes United Way regional hospitals and various sports ventures.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2023–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $4,132 | $101K | — | — | $98K | $93K |
| 2023 | $255K | $64K | — | — | $56K | $190K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, November 30, 2024
- Investment income$4,132
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2024
Granted $98K to 4 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
John Grebenc (director); Jane Bourque-Grebenc (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from If-Adapt’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 748890944RR0001), or read how we compute the receipt.