Charity BreakdownCanadian charity filings, itemized

Mayflower Sharps' of Sussex New Start Foundation Inc.

Private foundation · Fredericton, New Brunswick · BN 857654404RR0001 · Foundations

Every $100 spentMayflower Sharps' of Sussex New Start Foundation Inc.Fiscal year ended June 30, 2024
Gifts to other charities$99
Management & admin$1
TOTAL$100
Registered

Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($578,622) as filed with the CRA.

Mayflower Sharps' of Sussex New Start Foundation Inc. is a private foundation based in Fredericton, New Brunswick, classified by the CRA under foundations. In its fiscal year ending June 30, 2024, it reported $1.6M in revenue and $579K in expenditures.

Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 88% of peers.

As a grantmaker, it reported gifts to 15 qualified donees totalling $575K in 2024, the largest being $170K to 12Neighbours Community Inc.. Revenue has grown substantially over its filings on record here, from $338K in 2020 to $1.6M in 2024. Its filed list of directors and trustees shows 5 names.

In its own words

Assisting charities who assist individuals with difficult backgrounds to become productive citizens.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$1.6M$579K$575K$12.7M
2023$981K$483K$480K$11.7M
2022$450K$1.3M$447K$11.2M
2021$1.9M$379K$376K$12M
2020$338K$674K$427K$10.5M

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, June 30, 2024

Held at year end$12.7M$12,699,438 in total assets
Given away$575Kto 15 charities
That is4.5%of what it holds
Where the money came from
  • Other income$1,179,382
  • Investment income$421,223

This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.

Money between charities, 2024

As reported on the donors’ own T3010 qualified-donee schedules.

Directors & trustees (2024)

Corey Levine (president); Sarah Earl (vice-president); Elizabeth Sutherland (secretary treasurer); Peter Coates (director); Leonard Green (director).

As listed on its 2024 return.

Check the source

Every figure on this page is from Mayflower Sharps' of Sussex New Start Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 857654404RR0001), or read how we compute the receipt.