Three Seas Foundation Inc.
Private foundation · Winnipeg, Manitoba · BN 715179719RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($88,396) as filed with the CRA.
Three Seas Foundation Inc. is a private foundation based in Winnipeg, Manitoba, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $26K in revenue and $88K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 75% of peers.
As a grantmaker, it reported gifts to 7 qualified donees totalling $88K in 2024, the largest being $40K to Teen Challenge of Central Canada Inc.. Revenue has declined over its filings on record here, from $108K in 2020 to $26K in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
To receive donations grants and bequests of monies and property to invest those monies and property and to use its property and funds for purposes that are by law exclusively charitable and to disburse funds to 'qualified donees' as that term is from time to time defined under the provisions of the income tax (canada)
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $26K | $88K | — | — | $88K | $572K |
| 2023 | $664K | $75K | — | — | $72K | $628K |
| 2022 | $100K | $95K | — | — | $93K | $39K |
| 2021 | $100K | $67K | — | — | $67K | $34K |
| 2020 | $108K | $107K | — | — | $99K | $928 |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $88K to 7 qualified donees:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Gerry Bettig (president); K. Lori Bettig (secretary- treasurer); Calahan Bettig; P. Capri Bettig; Cayman Bettig.
As listed on its 2024 return.
Check the source
Every figure on this page is from Three Seas Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 715179719RR0001), or read how we compute the receipt.