M-E Squared Foundation
Private foundation · Calgary, Alberta · BN 815567789RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($16,237,176) as filed with the CRA.
M-E Squared Foundation is a private foundation based in Calgary, Alberta, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $2.9M in revenue and $16.2M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 84% of peers.
As a grantmaker, it reported gifts to 16 qualified donees totalling $16M in 2024, the largest being $12M to Loram Foundation. Revenue has grown substantially over its filings on record here, from $66K in 2020 to $2.9M in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
Mission Statement M-E Squared Foundation explores creates and provides opportunities to unleash the exponential energy of music and the environment. The Foundation makes donations to qualified donees with a focus on Music Energy and the Environment.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2.9M | $16.2M | $38K | — | $16M | $21.1M |
| 2023 | $2.7M | $6M | $72K | — | $5.7M | $34.4M |
| 2022 | -$2.5M | $5.1M | — | — | $4.8M | $37.7M |
| 2021 | $5.5M | $2.3M | — | — | $2M | $45.3M |
| 2020 | $66K | $2.8M | — | — | $2.5M | $42.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $16M to 16 qualified donees:
- Loram Foundation$12M
- National Music Centre$3.5M
- Carthy Foundation$131K
- Shock Trauma Air Rescue Service Foundation$125K
- Canadahelps Canadon$100K
- Calgary Young Men's Christian Association$50K
- Spruce Meadows Leg Up Foundation$40K
- Delta Waterfowl Foundation$10K
- Calgary Choral Society$5,000
- Grace Presbyterian Church of Calgary Alberta$5,000
- Ducks Unlimited Canada - Canards Illimites Canada$5,000
- Calgary Chapter Pheasants Forever Canada Society$2,500
- Canadians Sharing Locally and Globally$2,500
- Canadian International Organ Competition$2,000
- The Leighton Foundation$1,000
- Justice Centre for Constitutional Freedoms$500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Ronald Mannix (chair); Paul Wilson (director); Freida Butcher (director); Andrew Mosker (director); Garth Jacques (president).
As listed on its 2024 return.
Check the source
Every figure on this page is from M-E Squared Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 815567789RR0001), or read how we compute the receipt.