The Weld Foundation
Publicly funded institution · Cumberland, Ontario · BN 874173289RR0001 · Teaching Institutions
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($8,451) as filed with the CRA.
The Weld Foundation is a private foundation based in Cumberland, Ontario, classified by the CRA under teaching institutions. It appears on the charity register the way hospitals, universities, and other publicly funded bodies do — to issue tax receipts — rather than as a donation-driven charity in the usual sense. In its fiscal year ending December 31, 2024, it reported $5,728 in revenue and $8,451 in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 673 education institutions of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 14% of peers.
As a grantmaker, it reported gifts to 3 qualified donees totalling $4,349 in 2024, the largest being $2,175 to Myriad Canada Foundation. Its filed list of directors and trustees shows 2 names.
In its own words
During the year the foundation donated to cuso international myriad canada and care canada
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $5,728 | $8,451 | — | — | $4,349 | $112K |
| 2023 | $4,675 | $8,608 | — | — | $4,564 | $115K |
| 2022 | $18K | $8,554 | — | — | $4,684 | $119K |
| 2021 | $7,801 | $8,495 | — | — | $4,559 | $109K |
| 2020 | $4,606 | $8,158 | — | — | $4,417 | $110K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $4,349 to 3 qualified donees:
- Myriad Canada Foundation$2,175
- Cuso International$1,525
- CARE Canada$649
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
James Weld (treasurer); Madeline Weld (president).
As listed on its 2024 return.
Check the source
Every figure on this page is from The Weld Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 874173289RR0001), or read how we compute the receipt.