The Makbraneth Foundation
Private foundation · Milton, Ontario · BN 891235749RR0001 · Community Resource Organizations
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($767,243) as filed with the CRA.
The Makbraneth Foundation is a private foundation based in Milton, Ontario, classified by the CRA under community resource organizations. In its fiscal year ending March 31, 2024, it reported $2.4M in revenue and $767K in expenditures.
Its funding that year was roughly 55% from donations.
Compared with 299 community-service charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 19% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group. Its highest-paid position fell in the $120,000–159,999 range. The charity reported 3 permanent full-time positions.
As a grantmaker, it reported gifts to 5 qualified donees totalling $450K in 2024, the largest being $350K to Ghana Rural Integrated Development (grid). Revenue has grown substantially over its filings on record here, from $1.4M in 2020 to $2.4M in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
Funds used to provide access for low income individuals to help them advance their education participate in programs that contribute to relief of poverty and are beneficial for the community as a whole. Funds are currently used to finance constriction of christian churches and other poverty relief objectives in ghana africa (and various other countries to a lesser extent). Funds are also being used to finance trips for a reverend to travel to various developing countries to provide teaching and training for christian ministry leaders in those countries.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2.4M | $767K | $101K | — | $450K | $14.8M |
| 2023 | $1.2M | $2.5M | $109K | — | $1.4M | $13.2M |
| 2022 | $2.8M | $2.2M | $303K | — | $1.6M | $14.5M |
| 2021 | $3.2M | $511K | $147K | — | $75K | $13.8M |
| 2020 | $1.4M | $2M | $451K | — | $172K | $11.1M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $450K to 5 qualified donees:
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
- $1–39,9992 positions
- Permanent full-time positions3
- Total compensation, all staff$146K
Schedule 3 of its 2024 return. The CRA discloses bands, not names or exact salaries.
Directors & trustees (2024)
Jacques Lapointe (president); Marc Lapointe (vice-president); Bridgitte Lapointe (secretary/treasurer).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Makbraneth Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 891235749RR0001), or read how we compute the receipt.