Nykolaishen Family Foundation Inc.
Private foundation · Kamsack, Saskatchewan · BN 765464490RR0001 · Foundations
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($53,120) as filed with the CRA.
Nykolaishen Family Foundation Inc. is a private foundation based in Kamsack, Saskatchewan, classified by the CRA under foundations. In its fiscal year ending June 30, 2024, it reported $30K in revenue and $53K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 100% from donations.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 52% of peers.
As a grantmaker, it reported gifts to 6 qualified donees totalling $62K in 2023, the largest being $24K to Assiniboine Valley Health and Wellness Foundation Inc.. Its filed list of directors and trustees shows 5 names.
In its own words
The foundation will not be engaging in any specific programming activities. Instead this foundation is a body that is meant to consolidate the philanthropic actions of the nykolaishen family. The purposes and activities of the foundation are restricted in the articles and the bylaws to receive and maintain a fund or funds and to apply all the principle and income therefrom from time to time to qualified donees as defined in the income tax act (canada)
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $30K | $53K | — | — | $50K | $266K |
| 2023 | $90K | $65K | — | — | $62K | $289K |
| 2022 | $103K | $58K | — | $13K | $42K | $264K |
| 2021 | $40K | $47K | — | — | $45K | $218K |
| 2020 | $25K | $12K | — | — | $10K | $226K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2023
Granted $62K to 6 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2023)
Chad Nykolaishen (secretary); Christopher Nykolaishen (chief operating officer); Nolan Nykolaishen (treasurer); Ronald Nykolaishen (vice-chair); Theresa Nykolaishen (chair).
As listed on its 2023 return.
Check the source
Every figure on this page is from Nykolaishen Family Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 765464490RR0001), or read how we compute the receipt.