Waterloo Regional Cardiac Rehabilitation Foundation Inc
Private foundation · Kitchener, Ontario · BN 119289205RR0001 · Core Health Care · website
Source: T3010 return, FPE 2023-12-31. Split of total expenditures ($11,568) as filed with the CRA.
Waterloo Regional Cardiac Rehabilitation Foundation Inc is a private foundation based in Kitchener, Ontario, classified by the CRA under core health care. In its fiscal year ending December 31, 2023, it reported $7,159 in revenue and $12K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Its funding that year was roughly 100% from donations.
Compared with 1,671 health charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 12% of peers.
Its filed list of directors and trustees shows 8 names.
In its own words
Medically supervised cardiac rehabilitation exercise classes for people with various heart conditions since 1979.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2023
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2023 | $7,159 | $12K | — | — | $4,000 | $1,522 |
| 2022 | $2,436 | $43K | $3,023 | — | $500 | $5,930 |
| 2021 | $8,845 | $42K | — | — | $500 | $49K |
| 2020 | $11K | $48K | $4,508 | — | $700 | $81K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2023
- Receipted donations$5,548
- Other gifts$1,611
This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.
Money between charities, 2024
Received $0 from 1 charity:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2023)
Ronald Fowlis (president); Caryl Russel (secreatry); Stephen Matusiak (director); Leonard Damiano (director); Gerhard Kapeler (director); Gerry Lange (director); James Frank (director); Norm Demers (director).
As listed on its 2023 return.
Check the source
Every figure on this page is from Waterloo Regional Cardiac Rehabilitation Foundation Inc’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119289205RR0001), or read how we compute the receipt.