Ignite the Spirit of Education Foundation inc.
Private foundation · Toronto, Ontario · BN 793968496RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2022-06-30. Split of total expenditures ($18,865) as filed with the CRA.
Ignite the Spirit of Education Foundation inc. is a private foundation based in Toronto, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending June 30, 2022, it reported $17K in revenue and $19K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 97% from donations. In 2021, 2 other registered charities reported granting it a combined $16K.
Compared with 4,037 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 45% of peers. Its highest-paid position fell in the $40,000–79,999 range. The charity reported 1 permanent full-time position.
Revenue has declined over its filings on record here, from $242K in 2020 to $17K in 2022. Its filed list of directors and trustees shows 3 names.
In its own words
Over 100 first nations/metis/inuit(fnmi) communities in ontario alone do not have libraries. Ignite the spirit of education foundation inc. (isef) will help to address this lack by fundraising efforts to improve the literacy levels of fnmi children throughout canada on over 600 reserves. Fundraising efforts will provide funds to improve existing fnmi library settings; increase the number of libraries on reserves and increase the content of books in these libraries. Isef will use its marketing and sales efforts to raise the profile of fnmi books by fnmi authors about fnmi people and about fn…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2022
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2022 | $17K | $19K | $16K | — | — | $0 |
| 2021 | $48K | $50K | $46K | — | — | $2,534 |
| 2020 | $242K | $240K | $235K | — | — | $3,889 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2021
Received $16K from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9991 position
- Permanent full-time positions1
- Total compensation, all staff$53K
Schedule 3 of its 2020 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2022)
Jay Richardson (director); Doug Phibbs (director); Donald McQuigge (director).
As listed on its 2022 return.
Check the source
Every figure on this page is from Ignite the Spirit of Education Foundation inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 793968496RR0001), or read how we compute the receipt.