The Manfred & Penny Conrad Family Foundation
Private foundation · Waterloo, Ontario · BN 832716898RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($387,887) as filed with the CRA.
The Manfred & Penny Conrad Family Foundation is a private foundation based in Waterloo, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $305K in revenue and $388K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 33% 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 68% of peers.
As a grantmaker, it reported gifts to 10 qualified donees totalling $371K in 2024, the largest being $240K to ST Mary's General Hospital Foundation Kitchener-Waterloo. Its filed list of directors and trustees shows 5 names.
In its own words
Receiving and managing funds for the exclusive purpose of making gifts to charitable organizations that are registered charities under the income tax act.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $305K | $388K | — | — | $371K | $1M |
| 2023 | $219K | $440K | $0 | $0 | $420K | $1.1M |
| 2022 | -$66K | $376K | — | — | $349K | $1.3M |
| 2021 | $365K | $1.4M | — | — | $1.3M | $1.8M |
| 2020 | $277K | $522K | — | — | $496K | $2.8M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$204,500
- Receipted donations$100,000
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 $371K to 10 qualified donees:
- ST Mary's General Hospital Foundation Kitchener-Waterloo$240K
- Renison University College$33K
- House of Friendship$25K
- The Food Bank of Waterloo Region$20K
- Food4Kids Waterloo Region$10K
- Waterloo Regional Health Network Foundation$10K
- Kerr Street Community Services$10K
- Canadian Breast Cancer Support Fund$10K
- Long-Run Thoroughbred Retirement Society$7,500
- ST. Andrew's Memorial Anglican Church$5,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Manfred K Conrad (president); Honor P Conrad (secretary); Sarah L Conrad (director); Fiorella A Conrad (director); Christine H Conrad (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Manfred & Penny Conrad Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 832716898RR0001), or read how we compute the receipt.