Margaret Penwarden Memorial Foundation
Private foundation · Winnipeg, Manitoba · BN 890601040RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,000) as filed with the CRA.
Margaret Penwarden Memorial Foundation is a private foundation based in Winnipeg, Manitoba, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $256 in revenue and $1,000 in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 81% of peers.
Its filed list of directors and trustees shows 2 names.
In its own words
To aid a woman in her pursuit of post-secondary education in memory of Margaret Penwarden
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $256 | $1,000 | $1,000 | — | — | $11K |
| 2023 | $563 | $500 | $500 | — | — | $12K |
| 2022 | $239 | $500 | $500 | — | — | $12K |
| 2021 | $281 | $500 | $500 | — | — | $12K |
| 2020 | $255 | $500 | $500 | — | — | $13K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Directors & trustees (2024)
Investors Group Trust Co. Ltd.; Kent Hallick (officer).
As listed on its 2024 return.
Check the source
Every figure on this page is from Margaret Penwarden Memorial Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 890601040RR0001), or read how we compute the receipt.