The Pannell Family Foundation
Private foundation · Saint John, New Brunswick · BN 827243072RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($378,290) as filed with the CRA.
The Pannell Family Foundation is a private foundation based in Saint John, New Brunswick, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $406K in revenue and $378K in expenditures.
Its funding that year was roughly 49% 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 82% of peers.
As a grantmaker, it reported gifts to 10 qualified donees totalling $374K in 2024, the largest being $200K to The University of New Brunswick. Revenue has declined over its filings on record here, from $841K in 2020 to $406K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
The foundation grants funds for charitable or educational purposes or the relief of poverty
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $406K | $378K | — | — | $374K | $3M |
| 2023 | $420K | $378K | — | — | $375K | $3M |
| 2022 | $400K | $129K | — | — | $122K | $3M |
| 2021 | $470K | $245K | — | — | $238K | $2.7M |
| 2020 | $841K | $215K | — | — | $203K | $2.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $374K to 10 qualified donees:
- The University of New Brunswick$200K
- Bee Me Kidz Inc.$60K
- United Way Serving Saint John Kings and Charlotte Inc.$46K
- The Saint John Theatre Company Inc$25K
- The Unity Values Foundation$16K
- Imperial Theatre Foundation Inc.$11K
- Symphony New Brunswick Foundation Inc./la Fondation Symphonie Nouveau-Brunswick Inc.$10K
- First Steps Health Society$5,500
- Amyotrophic Lateral Sclerosis Society of Canada Société Canadienne de la Sclérose Latérale Amyotrophique$500
- Gatineau Health Foundation$500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Derek Pannell (trustee); Judith Pannell (trustee); Sarah Pannell (trustee); Sophie McAloon (trustee).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Pannell Family Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 827243072RR0001), or read how we compute the receipt.