Murchison Foundation Inc.
Public foundation · Charlottetown, Prince Edward Island · BN 119049294RR0001 · Foundations
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($3,049,506) as filed with the CRA.
Murchison Foundation Inc. is a public foundation based in Charlottetown, Prince Edward Island, classified by the CRA under foundations. In its fiscal year ending March 31, 2024, it reported $3.1M in revenue and $3M in expenditures.
In 2022, 1 other registered charity reported granting it a combined $14K.
Its fundraising cost per donated dollar was higher than 100% of that peer group. Its highest-paid position fell in the $40,000–79,999 range. The charity reported 1 permanent full-time position.
Revenue has declined over its filings on record here, from $4.7M in 2020 to $3.1M in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
Bingo operation and fundraising for mental health programs on prince edward island.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $3.1M | $3M | — | $3M | — | $876K |
| 2023 | $1.8M | $1.9M | $81K | — | — | $852K |
| 2022 | $1.3M | $1.5M | — | $1.4M | — | $918K |
| 2021 | $590K | $913K | — | $867K | — | $1.1M |
| 2020 | $4.7M | $4.8M | — | $4.2M | $430K | $1.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2022
Received $14K from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $40,000–79,9991 position
- Permanent full-time positions1
- Total compensation, all staff$297K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
John Horrett (president); Gordon Mathson (treasuer); Paul Kiley (vice-president); Matt Younker (director); Yolande Murphy (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Murchison Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119049294RR0001), or read how we compute the receipt.