The Bluewater Benevolence Foundation
Public foundation · Toronto, Ontario · BN 838042679RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($276,461) as filed with the CRA.
The Bluewater Benevolence Foundation is a public foundation based in Toronto, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $292K in revenue and $276K in expenditures.
Its funding that year was roughly 100% from donations.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 85% of peers.
As a grantmaker, it reported gifts to 6 qualified donees totalling $275K in 2024, the largest being $196K to The Nexgen Charitable Foundation. Revenue has grown substantially over its filings on record here, from $217 in 2020 to $292K in 2024. Its filed list of directors and trustees shows 1 name.
In its own words
To receive and maintain funds and to apply all or part of the principal and income thereof to registered charities. To relieve poverty by providing food and other basic supplies to persons in need. To supply occupancy to registerd canadian charities to further their activities
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $292K | $276K | — | — | $275K | $1.1M |
| 2023 | $266K | $1,081 | — | — | — | $1.1M |
| 2022 | — | $96K | — | — | $96K | — |
| 2021 | $94K | $1,363 | — | — | — | $747K |
| 2020 | $217 | $144 | — | — | — | $780K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $275K to 6 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Eric Grosz (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Bluewater Benevolence Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 838042679RR0001), or read how we compute the receipt.