The Grace Foundation
Private foundation · North Bay, Ontario · BN 890914591RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($3,388) as filed with the CRA.
The Grace Foundation is a private foundation based in North Bay, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $10K in revenue and $3,388 in expenditures.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 6% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 1 qualified donee totalling $5,000 in 2020, the largest being $5,000 to ST. Brice's Church. Revenue has grown substantially over its filings on record here, from $3,933 in 2020 to $10K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
Provides funding to other religious charities for religious training and projects.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $10K | $3,388 | — | — | $994 | $143K |
| 2023 | $6,051 | $7,064 | — | — | $4,797 | $136K |
| 2022 | $1,443 | $8,217 | — | — | $6,017 | $137K |
| 2021 | $3,045 | $2,681 | — | — | — | $143K |
| 2020 | $3,933 | $6,613 | — | — | $5,000 | $143K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2020
Granted $5,000 to 1 qualified donee:
- ST. Brice's Church$5,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Donald Carney (trustee); Mary Ellen Page (trustee); Eva Black (trustee); Elizabeth Burke (trustee); William Burton (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Grace Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 890914591RR0001), or read how we compute the receipt.