Wesley M Nicol Foundation
Private foundation · Ottawa, Ontario · BN 119262228RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($998,060) as filed with the CRA.
Wesley M Nicol Foundation is a private foundation based in Ottawa, Ontario, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $1.7M in revenue and $998K in expenditures.
Compared with 1,554 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 45% 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 36 qualified donees totalling $848K in 2024, the largest being $199K to Ottawa Community Foundation. Its filed list of directors and trustees shows 4 names.
In its own words
The wesley m nicol foundation donates to other canadian charities. Donations are typically distributed to charities in health care educaion and the arts with a focus on charities in the ottawa area.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $1.7M | $998K | — | — | $848K | $29M |
| 2023 | $1.3M | $715K | — | — | $561K | $26.3M |
| 2022 | -$2.8M | $9.3M | — | — | $9.2M | $24.4M |
| 2021 | $4M | $1.4M | — | — | $1.2M | $36.5M |
| 2020 | $2.6M | $1.2M | — | — | $993K | $33.9M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Private foundation — endowment and payout, December 31, 2024
- Investment income$831,653
- From other charities$47,507
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
Granted $848K to 36 qualified donees — largest 25 shown:
- Ottawa Community Foundation$199K
- Right To Food$100K
- Carleton University$48K
- Youturn - Youth Support Services$40K
- Parkdale Food Centre$40K
- Operation Come Home$35K
- Ottawa Riverkeeper Inc.$30K
- Parkinson Canada Inc.$25K
- The Incorporated Synod Of The Diocese Of Ottawa$25K
- Municipality of the Township of Low$22K
- PAL Ottawa$20K
- OrKidstra - Sistema Ottawa$20K
- Music and Beyond Performing Arts$20K
- National Arts Centre Foundation/fondation Centre National des Arts$16K
- Indigenous Women's Support Centre$16K
- Osu Children's Library Fund$15K
- Multifaith Housing Initiative$15K
- Shepherds of Good Hope$15K
- Ecojustice Canada Society$15K
- Great Canadian Theatre Corporation$10K
- Doctors Without Borders Canada / Medecins Sans Frontieresca Nada$10K
- Amnesty International Canadian Section (english Speaking)$10K
- CANADIAN PARKS AND WILDERNESS SOCIETY/La Société pour la nature et les parcs du Canada$10K
- Canadian Centre for Child Protection Inc.$10K
- Acadia University$10K
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Cary McWhinnie (director treasurer); Bruce Nicol (director chairman president); Heather Nicol (director); Henry Schultz (director secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from Wesley M Nicol Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 119262228RR0001), or read how we compute the receipt.