Nipissing University Scholarship Fund
Private foundation · North Bay, Ontario · BN 890341845RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-04-30. Split of total expenditures ($9,872) as filed with the CRA.
Nipissing University Scholarship Fund is a private foundation based in North Bay, Ontario, classified by the CRA under foundations advancing education. In its fiscal year ending April 30, 2024, it reported $113K in revenue and $9,872 in expenditures.
In 2023, 1 other registered charity reported granting it a combined $1,065.
Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 1 qualified donee totalling $30K in 2023, the largest being $30K to Nipissing University. Revenue has grown substantially over its filings on record here, from $9,464 in 2020 to $113K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The nipissing university scholarship fund uses income earned on investments to support scholarships for students attending nipissing university.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $113K | $9,872 | — | — | — | $1.6M |
| 2023 | $61K | $39K | — | — | $30K | $1.5M |
| 2022 | -$7,604 | $49K | — | — | $40K | $1.4M |
| 2021 | $159K | $8,967 | — | — | — | $1.5M |
| 2020 | $9,464 | $52K | — | — | $43K | $1.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2023
Granted $30K to 1 qualified donee:
Received $1,065 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
John Follis (chair); Trevor Bachelder (director); Tom Palangio (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Nipissing University Scholarship Fund’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 890341845RR0001), or read how we compute the receipt.