Kings Way LifeCare Alliance Foundation Inc.
Private foundation · Quispamsis, New Brunswick · BN 860084227RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($10,928) as filed with the CRA.
Kings Way LifeCare Alliance Foundation Inc. is a private foundation based in Quispamsis, New Brunswick, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $22K in revenue and $11K in expenditures.
Its funding that year was roughly 56% from donations. In 2024, 2 other registered charities reported granting it a combined $2,088.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 19% of peers.
Revenue has declined over its filings on record here, from $39K in 2020 to $22K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
The kings way lifecare alliance foundation has been established to provide financial support to kings way care centre inc. (kwcc) and kennebec manor inc. (kmi) both of which are not-for-profit(nfp) charitable organizations providing nursing home services to the seniors in their communities. As nfp organizations kwcc and kmi receive most of their funding from the department of social development province of new brunswick. However there are many items that are needed but not funded. Financial support from kings way lifecare alliance foundation will help provide items for which the homes are no…
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $22K | $11K | $7,177 | — | — | $289K |
| 2023 | $25K | $8,367 | $6,939 | — | — | $288K |
| 2022 | $9,594 | $5,034 | $4,734 | — | $300 | $272K |
| 2021 | $50K | $25K | — | $165 | $21K | $267K |
| 2020 | $39K | $28K | — | $294 | $23K | $242K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Received $2,088 from 2 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Norman McFarlane (director); Peter Flemming (director); Daniel Corey (director); Ashley Dooks (chair (interim)); Jeff Jenkins (treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from Kings Way LifeCare Alliance Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 860084227RR0001), or read how we compute the receipt.