The Nasanju Foundation
Private foundation · Waterloo, Ontario · BN 805959939RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($25,526) as filed with the CRA.
The Nasanju 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 $15K in revenue and $26K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 78% 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 $26K in 2024, the largest being $26K to MSC Canada. Revenue has declined over its filings on record here, from $156K in 2020 to $15K in 2024. Its filed list of directors and trustees shows 5 names.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $15K | $26K | — | — | $26K | $982K |
| 2023 | $1,298 | $2 | — | — | — | $992K |
| 2022 | $4,945 | $6,460 | — | — | $6,437 | $972K |
| 2021 | $153K | $27K | — | — | $27K | $973K |
| 2020 | $156K | $21K | — | — | $21K | $847K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $26K to 1 qualified donee:
- MSC Canada$26K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
David Clarke (trustee); Muriel Clarke (trustee); Kevin Shantz (trustee); Richard Clarke (trustee); Alicia Clarke (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Nasanju Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 805959939RR0001), or read how we compute the receipt.