RNS Foundation Inc.
Private foundation · Rothesay, New Brunswick · BN 119111714RR0001 · Foundations Advancing Education · website
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($328,287) as filed with the CRA.
RNS Foundation Inc. is a private foundation based in Rothesay, New Brunswick, classified by the CRA under foundations advancing education. In its fiscal year ending June 30, 2024, it reported $10.5M in revenue and $328K in expenditures.
Its funding that year was roughly 91% from other charities. In 2024, 4 other registered charities reported granting it a combined $9.9M.
Compared with 74 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 50% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 1 qualified donee totalling $289K in 2024, the largest being $289K to RNS Foundation Inc.. Revenue has grown substantially over its filings on record here, from $20K in 2020 to $10.5M in 2024. Its filed list of directors and trustees shows 10 names.
In its own words
The foundation receives accepts holds invests & distributes donations in respect of rothesay netherwood school.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $10.5M | $328K | — | — | $289K | $10.8M |
| 2023 | $180K | $34K | — | — | $27K | $660K |
| 2022 | $7,902 | $36K | — | — | $27K | $512K |
| 2021 | $86K | $28K | — | — | $22K | $540K |
| 2020 | $20K | $31K | — | — | $24K | $483K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $289K to 1 qualified donee:
- RNS Foundation Inc.$289K
Received $9.9M from 4 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Rick Buckingham (chair); Hilary Drain; Sylvia Macvey; Tyler Veriker; Peter Campion; Doug Turnbull; Drummond Macdougall; Lloyd Shears; Tanya Moran (treasurer); Sheena Young.
As listed on its 2024 return.
Check the source
Every figure on this page is from RNS Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119111714RR0001), or read how we compute the receipt.