Trustees Estate of Owen Connolly
Charitable organization · Charlottetown, Prince Edward Island · BN 898990445RR0001 · Support of Schools and Education
Source: T3010 return, FPE 2024-06-30. Split of total expenditures ($131,382) as filed with the CRA.
Trustees Estate of Owen Connolly is a charitable organization based in Charlottetown, Prince Edward Island, classified by the CRA under support of schools and education. In its fiscal year ending June 30, 2024, it reported $217K in revenue and $131K in expenditures.
Compared with 1,764 education charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 40% of peers. Its reserves, measured in years of spending on hand, sat in the top decile of the group.
Revenue has grown substantially over its filings on record here, from $41K in 2020 to $217K in 2024. Its filed list of directors and trustees shows 4 names.
In its own words
Provides scholarships bursaries and awards to post secondaty students with a demonstrated financial need
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $217K | $131K | $102K | — | — | $2.2M |
| 2023 | $320K | $106K | $81K | — | — | $2.1M |
| 2022 | -$265K | $115K | $79K | — | — | $1.9M |
| 2021 | $357K | $103K | $76K | — | — | $2.3M |
| 2020 | $41K | $104K | $78K | — | — | $2M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Directors & trustees (2024)
Paul McKenna (committee member); Larry Phelan (secretary - treasurer); Terry Hogan (chairperson); Lauren Keefe (vice chair).
As listed on its 2024 return.
Check the source
Every figure on this page is from Trustees Estate of Owen Connolly’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 898990445RR0001), or read how we compute the receipt.