The Palyul Foundation of Canada
Charitable organization · Madoc, Ontario · BN 119040616RR0001 · Support of Religion · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($49,498) as filed with the CRA.
The Palyul Foundation of Canada is a charitable organization based in Madoc, Ontario, classified by the CRA under support of religion. In its fiscal year ending December 31, 2024, it reported $76K in revenue and $49K in expenditures.
Its funding that year was roughly 75% from donations, 7% from other charities.
Compared with 13,471 religious charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 33% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
Its filed list of directors and trustees shows 5 names.
In its own words
Maintained the Foundation’s principle retreat centre temple and extensive library with upgrades as required to the 60-year-old buildings. Organized retreats educational programs and events religious ceremonies and regular religious services throughout the calendar year. All services are provided free of charge with accommodation and meals provided at minimal cost.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $76K | $49K | $40K | — | $0 | $1.3M |
| 2023 | $65K | $43K | $39K | — | $0 | $1.3M |
| 2022 | $62K | $41K | $37K | — | $0 | $1.3M |
| 2021 | $60K | $42K | $38K | — | — | $1.3M |
| 2020 | $76K | $51K | $45K | — | — | $1.3M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Directors & trustees (2024)
John Bailie (director); Barbara Bailie (treasurer); Naomi Wall (secretary); Kunga Dechen (director); Tenzin Norgay.
As listed on its 2024 return.
Check the source
Every figure on this page is from The Palyul Foundation of Canada’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119040616RR0001), or read how we compute the receipt.