Nso Foundation Inc.
Public foundation · ST. John's, Newfoundland and Labrador · BN 855599684RR0001 · Foundations Advancing Education
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($71,414) as filed with the CRA.
Nso Foundation Inc. is a public foundation based in ST. John's, Newfoundland and Labrador, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $151K in revenue and $71K in expenditures.
In 2024, 1 other registered charity reported granting it a combined $76.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 92% of peers. Its fundraising cost per donated dollar was higher than 80% of that peer group. 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 $45K in 2024, the largest being $45K to Newfoundland Symphony Orchestra. Revenue has grown substantially over its filings on record here, from $59K in 2020 to $151K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The nso foundation inc. Was incorporated in 2002 to direct and oversee the planned giving arrangements and periodic major fundraising drives to assist the newfoundland symphony orchestra's efforts to develop a stable and self-sustaining funding base. Key activities are as follows: to serve as the permanent custodian of endowment funds directed to the nso; to solicit receive and invest gifts; to accumulate apply and distribute principal and interest from invested funds for the benefit of the nso and authorized nso special projects.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $151K | $71K | $26K | $181 | $45K | $1.6M |
| 2023 | $138K | $64K | — | $920 | $39K | $1.5M |
| 2022 | $62K | $176K | — | $920 | $33K | $1.5M |
| 2021 | $142K | $57K | — | $920 | $36K | $1.6M |
| 2020 | $59K | $52K | — | $920 | $33K | $1.5M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $45K to 1 qualified donee:
- Newfoundland Symphony Orchestra$45K
Received $76 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Jeffrey Benson (chairperson); Keith Wellon (trustee); Douglas Wright (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from Nso Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 855599684RR0001), or read how we compute the receipt.