The GWD Foundation for Kids
Private foundation · Burlington, Ontario · BN 861840395RR0001 · Foundations
Source: T3010 return, FPE 2021-12-31. Split of total expenditures ($3,585,137) as filed with the CRA.
The GWD Foundation for Kids is a private foundation based in Burlington, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2021, it reported $813K in revenue and $3.6M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 2,544 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 83% of peers.
As a grantmaker, it reported gifts to 5 qualified donees totalling $3.6M in 2021, the largest being $3.4M to Burlington Community Foundation. Its filed list of directors and trustees shows 5 names.
In its own words
To provide gifts to charitable organizations that are also registerd charities that support the education health development and betterment of children youth and their families.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2021
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2021 | $813K | $3.6M | — | — | $3.6M | — |
| 2020 | $108K | $20K | — | — | — | $2.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2021
Granted $3.6M to 5 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2021)
Devin Degroote (trustee); Gary Degroote (trustee); Robert Macisaac (trustee); Joseph Monaco (trustee); Keith Strong (trustee).
As listed on its 2021 return.
Check the source
Every figure on this page is from The GWD Foundation for Kids’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 861840395RR0001), or read how we compute the receipt.