The River Realty Foundation
Private foundation · Niagara Falls, Ontario · BN 837002195RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($1,287,635) as filed with the CRA.
The River Realty Foundation is a private foundation based in Niagara Falls, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $13.7M in revenue and $1.3M in expenditures.
Its funding that year was roughly 11% from donations.
Compared with 380 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 58% 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 7 qualified donees totalling $1.2M in 2024, the largest being $508K to Niagara Health Foundation. Revenue has grown substantially over its filings on record here, from $2.2M in 2020 to $13.7M in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
Charity is being funded with donations to be invested. The income earned on these investments is then being used to fund various benevolent activities to help assure the health educatiion and social well-being of people in the niagara region. This is done through donations to other charities and scholarships to students.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $13.7M | $1.3M | — | — | $1.2M | $43.4M |
| 2023 | $7.8M | $683K | — | — | $540K | $31M |
| 2022 | -$550K | $1.1M | — | — | $1M | $23.9M |
| 2021 | $8.9M | $1.3M | — | — | $1.2M | $25.5M |
| 2020 | $2.2M | $620K | — | — | $530K | $17.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $1.2M to 7 qualified donees:
- Niagara Health Foundation$508K
- Women's Place of South Niagara Inc.$400K
- The Kristen French Child Advocacy Centre Niagara$100K
- Project S.h.a.r.e. of Niagara Falls Inc.$100K
- Port Colborne Community Association for Resource Extension$20K
- The Hope Centre: Community Resources in Advocacy$20K
- Pathstone Foundation$20K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Sherri Branscombe (president); Stewart Branscombe (chairman); Kelly Graybiel (treasurer); John Mestek (secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from The River Realty Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 837002195RR0001), or read how we compute the receipt.