Sydney Credit Union Charitable Foundation
Public foundation · Sydney, Nova Scotia · BN 811282557RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($109,114) as filed with the CRA.
Sydney Credit Union Charitable Foundation is a public foundation based in Sydney, Nova Scotia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $68K in revenue and $109K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 34% 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 $25K in 2024, the largest being $20K to Pathways To Employment Society. Revenue has grown substantially over its filings on record here, from $34K in 2020 to $68K in 2024. Its filed list of directors and trustees shows 10 names.
In its own words
The sydney credit union charitable foundation carried out its charitable purposes through donations to qualified donees and supported an organization that aligned with the health objectives of the foundation.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $68K | $109K | $71K | — | $39K | $50K |
| 2023 | $80K | $53K | $28K | — | $25K | $52K |
| 2022 | $47K | $59K | — | — | $44K | $25K |
| 2021 | $68K | $54K | — | — | $28K | $38K |
| 2020 | $34K | $24K | — | — | $19K | $23K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $25K to 2 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Sarah Maceachern (president); Holly Chisholm (vice president); Megan Capstick-Ringer (secretary); Michael Mombourquette (director); Joyce Lind (director); Moragh Macdonald (director); Max Sehl (director); Ronald Neville (director); John Hollohan (director); Mary Morrison (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Sydney Credit Union Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 811282557RR0001), or read how we compute the receipt.