Ripple Foundation
Charitable organization · Richmond Hill, Ontario · BN 805895760RR0001 · Support of Schools and Education · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($18,763) as filed with the CRA.
Ripple Foundation is a charitable organization based in Richmond Hill, Ontario, classified by the CRA under support of schools and education. In its fiscal year ending December 31, 2024, it reported $21K in revenue and $19K in expenditures.
Its funding that year was roughly 9% from donations, 80% from other charities. In 2024, 3 other registered charities reported granting it a combined $7,764.
Compared with 3,624 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 46% of peers.
It reported gifts to 1 qualified donee totalling $750 in 2024, the largest being $750 to Canadian Cancer Society. Revenue has grown substantially over its filings on record here, from $11K in 2020 to $21K in 2024. Its filed list of directors and trustees shows 6 names.
In its own words
Kids write 4 kids creative challenge – an annual nationwide creative writing contest for grades 4-8. The winning stories are published as books made available for sale online. The proceeds from these book sales are donated to the winner’s charity of choice to foster a sense of philanthropy the write it workshops – a creative writing workshop for grades 4-8 held every saturday afternoon. Each lesson plan focuses on children’s writing skills through fun interactive activities. Participants are encouraged to find their voice on various topics that matter to them. New blog posts are published …
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $21K | $19K | $16K | — | $751 | $39K |
| 2023 | $17K | $17K | $16K | — | $606 | $37K |
| 2022 | $21K | $24K | $23K | — | $640 | $37K |
| 2021 | $14K | $11K | $11K | — | — | $38K |
| 2020 | $11K | $12K | $11K | — | $589 | $37K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $750 to 1 qualified donee:
- Canadian Cancer Society$750
Received $7,764 from 3 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Lily Gutman (director of partnerships); Andy Lee (treasurer); Ivy Wong (president); Tamara Capar (chief editor); Tracey Lee (human resource director); Maddux Ma.
As listed on its 2024 return.
Check the source
Every figure on this page is from Ripple Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 805895760RR0001), or read how we compute the receipt.