Performance Boat Club Charities
Public foundation · Penetanguishene, Ontario · BN 855756110RR0001 · Foundations
Source: T3010 return, FPE 2024-10-31. Split of total expenditures ($89,027) as filed with the CRA.
Performance Boat Club Charities is a public foundation based in Penetanguishene, Ontario, classified by the CRA under foundations. In its fiscal year ending October 31, 2024, it reported $72K in revenue and $89K 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 80% of peers.
As a grantmaker, it reported gifts to 2 qualified donees totalling $35K in 2024, the largest being $20K to Muskoka Steamship & Discovery Centre. Revenue has grown substantially over its filings on record here, from $45K in 2020 to $72K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
to receive and maintain a fund or funds and to apply all or part of the principal and income therefrom from time to time to charitable organizations that are also registered charities under 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 | $72K | $89K | — | — | $89K | -$9,473 |
| 2023 | $196K | $216K | — | — | $216K | $7,878 |
| 2022 | $129K | $104K | — | — | $104K | $28K |
| 2021 | $0 | $44 | — | — | — | $2,947 |
| 2020 | $45K | $49K | $1,743 | — | $45K | $2,992 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $35K to 2 qualified donees:
- Muskoka Steamship & Discovery Centre$20K
- Make-A-Wish Foundation of Canada$15K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Jeff Devolin (director); Carl McBride (president/treasurer/secretary); Raymond Roberts (director); Ken Jensen (director); David Hull (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Performance Boat Club Charities’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 855756110RR0001), or read how we compute the receipt.