Charity BreakdownCanadian charity filings, itemized

The Holdsworth Foundation

Private foundation · Halifax, Nova Scotia · BN 791626716RR0001 · Foundations

Every $100 spentThe Holdsworth FoundationFiscal year ended December 31, 2024
Gifts to other charities$93
Other$7
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($133,813) as filed with the CRA.

The Holdsworth Foundation is a private foundation based in Halifax, Nova Scotia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $668K in revenue and $134K in expenditures.

Its funding that year was roughly 60% from donations.

Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 63% 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 2 qualified donees totalling $125K in 2024, the largest being $100K to Canadian Centre for Policy Alternatives / Centre Canadien de Politiques Alternatives. Revenue has grown substantially over its filings on record here, from $342K in 2020 to $668K in 2024. Its filed list of directors and trustees shows 3 names.

In its own words

Funding Qualified Donees; 'Other' category (I1)

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20202024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$668K$134K$125K$4.5M
2023$362K$5,168$4M
2022$309K$264K$264K$3.6M
2021$368K$283K$283K$3.6M
2020$342K$284K$284K$3.5M

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, December 31, 2024

Held at year end$4.5M$4,527,577 in total assets
Given away$125Kto 2 charities
That is2.8%of what it holds
Where the money came from
  • Receipted donations$399,664
  • Investment income$132,320

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

As reported on the donors’ own T3010 qualified-donee schedules.

Directors & trustees (2024)

Rose Comeau (trustee); Richard Niedermayer (trustee); Sherri Lecker (trustee).

As listed on its 2024 return.

Check the source

Every figure on this page is from The Holdsworth Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 791626716RR0001), or read how we compute the receipt.