Charity BreakdownCanadian charity filings, itemized

Richardson Foundation Inc. /fondation Richardson Inc.

Private foundation · Winnipeg, Manitoba · BN 119118610RR0001 · Foundations Advancing Education · website

Every $100 spentRichardson Foundation Inc. /fondation Richardson Inc.Fiscal year ended December 31, 2024
Gifts to other charities$100
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($6,732,042) as filed with the CRA.

Richardson Foundation Inc. /fondation Richardson Inc. is a private foundation based in Winnipeg, Manitoba, classified by the CRA under foundations advancing education. In its fiscal year ending December 31, 2024, it reported $15.3M in revenue and $6.7M in expenditures.

Its funding that year was roughly 91% from donations.

Compared with 74 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 96% of peers.

As a grantmaker, it reported gifts to 141 qualified donees totalling $7.1M in 2023, the largest being $1.4M to Royal Aviation Museum of Western Canada Inc.. Revenue has grown substantially over its filings on record here, from $8.2M in 2020 to $15.3M in 2024. Its filed list of directors and trustees shows 10 names.

In its own words

During fiscal 2024 richardson foundation inc. Provided donations to charitable organizations in canada focusing on: visual and performing arts education youth initiatives and environmental issues. Richardson foundation inc. Also provided speical support to united way.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$15.3M$6.7M$6.7M$38.9M
2023$13.4M$7.1M$7.1M$30.3M
2022$18.2M$9.6M$9.6M$23.9M
2021$15.2M$8.9M$8.9M$15.4M
2020$8.2M$7.3M$7.3M$9.1M

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, December 31, 2024

Held at year end$38.9M$38,883,146 in total assets
Given away$6.7Mto 141 charities
That is17.3%of what it holds
Where the money came from
  • Receipted donations$13,944,828
  • Investment income$1,396,130

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, 2023

As reported on the donors’ own T3010 qualified-donee schedules.

Directors & trustees (2024)

Hartley Richardson (president & director/trustee); Curtis Vossen (director/trustee); Ken Bolt (director/trustee); Laurel Thomson (director/trustee); Kathleen Ramsay (director/trustee); Hilary Partner (director/trustee); Raif Richardson (director/trustee); Jane Mactaggart (director/trustee); Brent Dreger (treasurer); Shannon Fijal (exec. director & secretary).

As listed on its 2024 return.

Check the source

Every figure on this page is from Richardson Foundation Inc. /fondation Richardson Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119118610RR0001), or read how we compute the receipt.