Youville Provident Fund Inc
Public foundation · Pembroke, Ontario · BN 866270085RR0001 · Foundations Advancing Religion
Source: T3010 return, FPE 2024-03-31. Split of total expenditures ($3,386,761) as filed with the CRA.
Youville Provident Fund Inc is a public foundation based in Pembroke, Ontario, classified by the CRA under foundations advancing religion. In its fiscal year ending March 31, 2024, it reported $2.3M in revenue and $3.4M in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 2,238 religious 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 1 qualified donee totalling $3.2M in 2024, the largest being $3.2M to Grey Sisters of the Immaculate Conception. Revenue has grown substantially over its filings on record here, from $1.5M in 2020 to $2.3M in 2024. Its filed list of directors and trustees shows 5 names.
In its own words
The foundation applies all or part of the principal and income from investments for: 1) the maintenance of the members of the congregation of the grey sisters of the immaculate conception ( the 'congregation') a registered charity/qualified donee; 2) the support of the congregation and it's charitable works; and 3) assistance with education and maintenance of membership in the congregation.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $2.3M | $3.4M | $0 | — | $3.2M | $61.1M |
| 2023 | $3.6M | $3.4M | — | — | $3.2M | $59M |
| 2022 | $6.2M | $3.5M | — | — | $3.3M | $62.1M |
| 2021 | $4.2M | $3.7M | — | — | $3.6M | $59.9M |
| 2020 | $1.5M | $4.1M | — | — | $3.9M | $50.7M |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $3.2M to 1 qualified donee:
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Joan Cronin (president); Sheila Whelan (treasurer); Fay Edmonds (director); Bonnie Zentner (director); Mary Buckley (director).
As listed on its 2024 return.
Check the source
Every figure on this page is from Youville Provident Fund Inc’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 866270085RR0001), or read how we compute the receipt.