Waterfront Foundation Inc.
Private foundation · Winnipeg, Manitoba · BN 832827364RR0001 · Foundations · website
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($18,464) as filed with the CRA.
Waterfront 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 $180K in revenue and $18K in expenditures.
Its funding that year was roughly 90% from donations.
Compared with 2,689 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 75% 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 9 qualified donees totalling $18K in 2024, the largest being $2,000 to Ma Mawi-Wi-Chi-Itata Centre Inc.. Revenue has grown substantially over its filings on record here, from $62K in 2020 to $180K in 2024. Its filed list of directors and trustees shows 3 names.
In its own words
The organization intends to provide support for charitable causes by making donations to those qualified donees(as recognized by the cra) who are engaged in charitable undertakings. The organization will have a resource allocation committee consisting of the then members of the board of directors and such additional members as the directors may deem advisable. As funds are received the committee will decide on the gifts to be made.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $180K | $18K | — | — | $18K | $861K |
| 2023 | $242K | $17K | — | — | $17K | $699K |
| 2022 | $42K | $15K | — | — | $14K | $474K |
| 2021 | $47K | $15K | — | — | $14K | $447K |
| 2020 | $62K | $13K | — | — | $12K | $415K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $18K to 9 qualified donees:
- Ma Mawi-Wi-Chi-Itata Centre Inc.$2,000
- North End Women's Centre Inc.$2,000
- Main Street Project Inc.$2,000
- Children's Heritage Education Endowment Fund$2,000
- Sunshine House Inc.$2,000
- The Christmas Cheer Board of Greater Winnipeg Inc.$2,000
- Candace House Inc.$2,000
- Resource Assistance for Youth Inc.$2,000
- 1JustCity Inc.$2,000
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Gary Edwards (director and president); Judy Edwards (director and secretary); Patrick Edwards (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Waterfront Foundation Inc.’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 832827364RR0001), or read how we compute the receipt.