The Canadore College Foundation
Public foundation · North Bay, Ontario · BN 829084771RR0001 · Foundations
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($258,615) as filed with the CRA.
The Canadore College Foundation is a public foundation based in North Bay, Ontario, classified by the CRA under foundations. In its fiscal year ending March 31, 2024, it reported $1.9M in revenue and $259K in expenditures.
Its funding that year was roughly 97% from donations. In 2024, 7 other registered charities reported granting it a combined $1.1M.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 23% of peers. Its fundraising cost per donated dollar was lower than 94% of that peer group.
As a grantmaker, it reported gifts to 1 qualified donee totalling $134K in 2024, the largest being $134K to The Canadore College of Applied Arts and Technology. Revenue has grown substantially over its filings on record here, from $959K in 2020 to $1.9M in 2024. Its filed list of directors and trustees shows 8 names.
In its own words
Primary goal of the foundation is to maintain endowment funds and to receive donations to apply all or part of the income to canadore college of applied arts and technology for purposes such as scholarships.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.9M | $259K | $52K | $16K | $134K | $2.4M |
| 2023 | $172K | $223K | $11K | $13K | $117K | $819K |
| 2022 | $689K | $239K | $9,296 | $29K | $132K | $742K |
| 2021 | $782K | $478K | $5,529 | $35K | $381K | $293K |
| 2020 | $959K | $841K | $36K | $49K | $566K | -$10K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $134K to 1 qualified donee:
- The Canadore College of Applied Arts and Technology$134K
Received $1.1M from 7 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
George Burton (director); William Ferguson (director); Kirk Kelusky (chair); Dave Saad (member); Mathieu Shank (member); Jennifer Twigg (member); Michael Johnson (member); Thomas Chatfield (member).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Canadore College Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 829084771RR0001), or read how we compute the receipt.