The Paterson Foundation
Private foundation · Thunder Bay, Ontario · BN 119145043RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($103,905) as filed with the CRA.
The Paterson Foundation is a private foundation based in Thunder Bay, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $2M in revenue and $104K in expenditures.
Its reserves, measured in years of spending on hand, sat in the top decile of the group.
As a grantmaker, it reported gifts to 21 qualified donees totalling $551K in 2024, the largest being $100K to Thunder Bay Regional Health Sciences Centre. Revenue has grown substantially over its filings on record here, from $869K in 2020 to $2M in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
Provide donations for charitable religious or educational purposes to organizations qualified as charitable organizations 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 | $2M | $104K | — | — | — | $13.2M |
| 2023 | $1.8M | $655K | — | — | $566K | $11.9M |
| 2022 | -$1.4M | $496K | — | — | $419K | $10.7M |
| 2021 | $1.7M | $480K | — | — | $388K | $12.6M |
| 2020 | $869K | $441K | — | — | $381K | $11.4M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $551K to 21 qualified donees:
- Thunder Bay Regional Health Sciences Centre$100K
- Thunder Bay Art Gallery$100K
- Regional Food Distribution Association$100K
- Palliative Care Society of Bow Vally$50K
- Cambrian Players$50K
- Northwind Family Ministries$25K
- Thunder Bay Symphony Orchestra Association Inc.$10K
- The Thunder Bay Historical Society$10K
- The Salvation Army$10K
- ST. Andrews Soup Kitchen$10K
- Sioux Lookout Min Ya Win Centre$10K
- Science North$10K
- North of Superior Health Care Group$10K
- Focus Forward for Indigenous Youth$10K
- Elizabeth Fry Society$10K
- Easter Seals$10K
- Camp Quality$10K
- Vibe Arts$7,500
- Thunder Bay Emergency Shelter Inc.$5,000
- Special Olympics Ontario$2,000
- Thunder Bay Community Auditorium Inc.$1,400
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Alexander Paterson (president); Robert Paterson (secretary/treasurer); Donald Paterson (vice president).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Paterson Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119145043RR0001), or read how we compute the receipt.