Madonna Foundation
Private foundation · Regina, Saskatchewan · BN 123642670RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($4,245,703) as filed with the CRA.
Madonna Foundation is a private foundation based in Regina, Saskatchewan, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $40.6M in revenue and $4.2M in expenditures.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 19% of peers.
As a grantmaker, it reported gifts to 18 qualified donees totalling $2.9M in 2024, the largest being $1.2M to Mother Teresa Middle School Inc.. Revenue has grown substantially over its filings on record here, from $4.7M in 2020 to $40.6M in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
1. Independent schools and boards - 61.40% 2. Places of worship congregations etc - 15.05% 3. Religious activity - 8.38% 4. Other purposes beneficial to the community - 15.17%
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $40.6M | $4.2M | $15K | — | $2.9M | $79.5M |
| 2023 | $6.8M | $3.7M | — | — | $2.8M | $43.1M |
| 2022 | $2.8M | $7.2M | — | — | $2.5M | $40M |
| 2021 | $8.5M | $2.2M | — | — | $1.6M | $44.4M |
| 2020 | $4.7M | $7.3M | $5,000 | — | $6.6M | $38.2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $2.9M to 18 qualified donees:
- Mother Teresa Middle School Inc.$1.2M
- Athol Murray College of Notre Dame$580K
- Archdiocese of Regina Foundation Inc.$440K
- YWCA Regina Inc.$165K
- Regina & District Food Bank Inc.$100K
- Saskatchewan Community Foundation Corp.$80K
- Catholic Christian Outreach of Canada Inc$75K
- Street Culture Kidz Project Inc.$50K
- Palliative Care Society of the Bow Valley$50K
- University of Regina$40K
- Georgetown University$28K
- The Fraser Institute$28K
- The Catholic College of Regina Campion College$25K
- Saskatchewan Roughrider Foundation Inc.$20K
- Regina Early Learning Centre Inc.$10K
- Big Brothers Big Sisters of Regina and area Inc.$10K
- Christ the King Church$5,000
- Marian Centre Inc$2,400
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Paul Hill (president); Maurice Bundon (vice-president); Terry Downie (treasurer); Lynn Waddell Florence (controller).
As listed on its 2024 return.
Check the source
Every figure on this page is from Madonna Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 123642670RR0001), or read how we compute the receipt.