Kegs Foundation
Charitable organization · Toronto, Ontario · BN 870164340RR0001 · Support of Schools and Education · website
Source: T3010 return, FPE 2024-07-14. Split of total expenditures ($63,520) as filed with the CRA.
Kegs Foundation is a charitable organization based in Toronto, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending July 14, 2024, it reported $82K in revenue and $64K in expenditures.
Its funding that year was roughly 27% from donations. In 2023, 1 other registered charity reported granting it a combined $1,000.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 39% of peers. Its fundraising cost per donated dollar was lower than 83% of that peer group. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
It reported gifts to 1 qualified donee totalling $1,000 in 2023, the largest being $1,000 to Canadian Mineral Industry Education Foundation/fondation de l'Industrie Miniere Canadienne pour l'Education. Its filed list of directors and trustees shows 7 names.
In its own words
Awarding scholarships to students studying geophysics at Canadian universities and Canadian students studying geophysics at foreign universities. - Providing financial assistance to students to attend geophysics seminars and related educational events. - Organizing geophysical symposia and invited lectures at Canadian university geophysical departments. - Fund-raising efforts related to the preceding activities. - Managing endowment funds.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $82K | $64K | $54K | $946 | $0 | $1.5M |
| 2023 | $173K | $59K | $44K | $4,127 | $1,000 | $1.4M |
| 2022 | $107K | $51K | $40K | — | $1,000 | $1.3M |
| 2021 | $112K | $37K | $26K | $0 | $1,000 | $1.3M |
| 2020 | $83K | $45K | $34K | $0 | $1,000 | $1.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2023
Granted $1,000 to 1 qualified donee:
Received $1,000 from 1 charity:
- The Winnipeg Foundation$1,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Stephen Reford (chair); Peter Kowalczyk (director); Jean Legault (director); Chris Nind (director); Jenna McKenzie (director); Jones Francis (director); Richard Smith (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Kegs Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 870164340RR0001), or read how we compute the receipt.