Lakefield College School Foundation
Public foundation · Lakefield, Ontario · BN 888787066RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($10,101,217) as filed with the CRA.
Lakefield College School Foundation is a public foundation based in Lakefield, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending June 30, 2024, it reported $19.2M in revenue and $10.1M in expenditures.
Its funding that year was roughly 20% from donations, 47% from other charities. In 2024, 14 other registered charities reported granting it a combined $4.1M.
Compared with 74 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 24% of peers. Its highest-paid position fell in the $250,000–299,999 range. The charity reported 8 permanent full-time positions.
As a grantmaker, it reported gifts to 1 qualified donee totalling $7.7M in 2024, the largest being $7.7M to Lakefield College School. Revenue has grown substantially over its filings on record here, from $3.7M in 2020 to $19.2M in 2024. Its filed list of directors and trustees shows 9 names.
In its own words
The primary purpose of the charity is to receive and maintain funds to apply from time to time any part thereof or the income therefrom for the purposes of lakefield college school.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $19.2M | $10.1M | — | $1.4M | $7.7M | $64.9M |
| 2023 | $10.9M | $5.2M | — | $1.4M | $3M | $55.8M |
| 2022 | $4.9M | $6.4M | — | $1.3M | $4.4M | $50.1M |
| 2021 | $11.7M | $5M | — | $949K | $3.4M | $51.6M |
| 2020 | $3.7M | $4.6M | — | $883K | $3.2M | $45M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $7.7M to 1 qualified donee:
Received $4.1M from 14 charities:
- Lakefield College School$1.9M
- The Foundation of Greater Montreal$1M
- Conam Charitable Foundation$514K
- Sandra and Alain Bouchard Foundation$357K
- Fondation Famille Jean-Guy Desjardins$200K
- Weston Family Foundation$50K
- Canada Gives$38K
- Canadahelps Canadon$11K
- Reise Family Foundation$7,500
- Armagh L. Sifton Charitable Foundation$7,000
- Burgundy Legacy Foundation$4,000
- Jewish Community Foundation of Montreal$3,600
- Canadian Online Giving Foundation$1,704
- Strategic Charitable Giving Foundation$590
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $250,000–299,9991 position
- $120,000–159,9991 position
- $80,000–119,9993 positions
- $40,000–79,9993 positions
- Permanent full-time positions8
- Total compensation, all staff$1.5M
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Sandra Delisle (director); Andrew Durnford (chair); Tim Heeney (director); Roy Hewson (director); Johanna Kruger (director); Sarah McCain Coulson (director); William Morris (director); John Ryder (director); Thomas Stevenson (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Lakefield College School Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 888787066RR0001), or read how we compute the receipt.