The Concordia Foundation Inc.
Public foundation · Winnipeg, Manitoba · BN 130363336RR0001 · Foundations · website
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($2,760,838) as filed with the CRA.
The Concordia Foundation Inc. is a public foundation based in Winnipeg, Manitoba, classified by the CRA under foundations. In its fiscal year ending March 31, 2024, it reported $4.7M in revenue and $2.8M in expenditures.
Its funding that year was roughly 63% from donations, 7% from government. In 2024, 8 other registered charities reported granting it a combined $138K.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 7% of peers. Its fundraising cost per donated dollar was lower than 82% of that peer group. Its highest-paid position fell in the $120,000–159,999 range. The charity reported 8 permanent full-time positions.
As a grantmaker, it reported gifts to 1 qualified donee totalling $108K in 2024, the largest being $108K to Operation Walk (Manitoba) Inc.. Revenue has grown substantially over its filings on record here, from $2.6M in 2020 to $4.7M in 2024.
In its own words
The concordia foundation inc. ('the foundation') serves as the philanthropic arm for the concordia campus family including concordia hospital concordia place concordia village and concordia hip and knee institute. The foundation operates parking cafeteria volunteer services and other ancillary services at concordia hospital as a means to raise funds and support hospital operations.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $4.7M | $2.8M | $1.2M | $119K | $108K | $5.6M |
| 2023 | $2.5M | $2.5M | $1.2M | $101K | — | $3.7M |
| 2022 | $2.6M | $2M | $751K | $112K | — | $3.8M |
| 2021 | $3.2M | $3.1M | $1.8M | $92K | — | $3.1M |
| 2020 | $2.6M | $2.4M | $1.9M | $142K | — | $3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Public foundation — endowment and payout, March 31, 2024
- Receipted donations$2,876,741
- Other income$1,248,211
- Investment income$141,105
- Other gifts$56,119
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2024
Granted $108K to 1 qualified donee:
Received $138K from 8 charities:
As reported on the donors’ own T3010 qualified-donee schedules.
What it pays
Its ten highest-paid positions, by band:
- $120,000–159,9991 position
- $40,000–79,9994 positions
- $1–39,9993 positions
- Permanent full-time positions8
- Total compensation, all staff$763K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Check the source
Every figure on this page is from The Concordia Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 130363336RR0001), or read how we compute the receipt.