Oak Lake & Area Foundation Inc.
Public foundation · Oak Lake, Manitoba · BN 891073124RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($36,477) as filed with the CRA.
Oak Lake & Area Foundation Inc. is a public foundation based in Oak Lake, Manitoba, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $90K in revenue and $36K in expenditures.
Its funding that year was roughly 9% from donations, 13% from other charities. In 2024, 4 other registered charities reported granting it a combined $7,686.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 61% of peers.
As a grantmaker, it reported gifts to 11 qualified donees totalling $33K in 2024, the largest being $10K to Oak Lake Care Centre Inc.. Revenue has declined over its filings on record here, from $146K in 2020 to $90K in 2024. Its filed list of directors and trustees shows 8 names.
In its own words
The foundation works for the betterment of the community. It acquires donations invests the funds and grants investment income to qualified donees in the oak lake and area community.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $90K | $36K | $2,415 | — | $33K | $706K |
| 2023 | $90K | $42K | $3,317 | — | $38K | $653K |
| 2022 | $39K | $103K | $3,934 | — | $31K | $605K |
| 2021 | $87K | $32K | $3,106 | — | $28K | $668K |
| 2020 | $146K | $62K | $1,994 | — | $59K | $613K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, December 31, 2024
- Other income$49,424
- Investment income$21,127
- From other charities$11,497
- Other gifts$6,603
- Receipted donations$1,025
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
Granted $33K to 11 qualified donees:
- Oak Lake Care Centre Inc.$10K
- Oak Lake Agricultural Society$6,500
- Oak Lake District Arena$5,000
- Oakview Seniors Club$3,000
- Border Regional Library Board$2,500
- Oak Lake History Book Committee$2,000
- The Johnston Cemetery Association$1,139
- Oak Lake & District Museum Inc.$1,109
- Oak Lake Cottage Owners Association$1,000
- The Fort la Bosse School Division Foundation Inc$500
- Oak Lake 4-H Club - S.P. Galawan Scholarships$250
Received $7,686 from 4 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Tanis Podobni (chairperson); Timothy Penner (director); Michael Taylor (treasurer); Ryan Smith (director); Carolyn Roulette (vice chairperson); Dennis White (director); Barry McNish (director); Natalie Bailey (secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from Oak Lake & Area Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 891073124RR0001), or read how we compute the receipt.