The Borealis Foundation
Private foundation · Stittsville, Ontario · BN 863053195RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($17,811,704) as filed with the CRA.
The Borealis Foundation is a private foundation based in Stittsville, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $879K in revenue and $17.8M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 92% of peers.
As a grantmaker, it reported gifts to 7 qualified donees totalling $17.8M in 2024, the largest being $17.4M to Charitable Gift Funds Canada Foundation. Revenue has declined over its filings on record here, from $1.7M in 2020 to $879K in 2024. Its filed list of directors and trustees shows 2 names.
In its own words
Environmental / Global Warming Medical Research
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $879K | $17.8M | — | — | $17.8M | — |
| 2023 | $850K | $639K | — | — | $639K | $16.9M |
| 2022 | $741K | $614K | — | — | $614K | $16.7M |
| 2021 | $728K | $580K | — | — | $580K | $16M |
| 2020 | $1.7M | $537K | — | — | $537K | $15.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $17.8M to 7 qualified donees:
- Charitable Gift Funds Canada Foundation$17.4M
- The Ottawa Hospital Foundation/la Fondation de l'Hopital d'Ottawa$200K
- Carleton University$150K
- Environment Funders Canada$5,000
- The Nature Conservancy of Canada$5,000
- Stittsville Food Bank$2,000
- The Ottawa Food Bank/la Banque d'Alimentation d'Ottawa$2,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Leo Lefebvre (vp treasurer); Janet Lefebvre (president).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Borealis Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 863053195RR0001), or read how we compute the receipt.