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THE ALBRIGHT FOUNDATION

Public foundationFoundations·5050 HILLSIDE DRIVE RR2 · BEAMSVILLE, ON · L3J 2A7·BN 119211803RR0001

Last reported: F2024 filing · period ending 2024-12-31

This is a foundation: it mostly grants money to other charities, so program-spending ratios are the wrong lens. We show the share of spending disbursed to qualified donees instead.

What it does — in its own words

Ongoing programs

TO PURCHASE ASSETS FOR THE USE OF RESIDENTS AND ASSIST WITH THE WELFARE OF RESIDENTS OF ALBRIGHT GARDENS HOMES INCORPORATED A HOME FOR THE AGED; EDELHEIM APARTMENTS A SENIORS APARTMENT BUILDING; AND ALBRIGHT GARDENS A UNITED CHURCH RETIREMENT COMMUNITY. THE ORGANIZATION ALSO ASSISTS IN THE FUTURE DEVELOPMENT OF THE ALBRIGHT CENTRE DEVELOPMENT.

Program descriptions from its F2024 T3010 filing, verbatim · self-reported · this is also the text our semantic search matches against. source ↗

Tier 1 — what we computed (open data)

From the charity's own F2024 T3010 filing. Self-reported; not independently verified. You can recompute every figure.

Disbursed to qualified donees

T1 · computed (open data)

Per its F2024 T3010, this share of total spending went to other registered charities.

T3010 line 5050 ÷ 5100 · Self-reported on the T3010; not independently verified. source ↗

Operating overhead

T1 · computed (open data)

12%

Management, administration, and fundraising as a share of total spending. We treat 5–35% as the typical range; we state the figure, you judge.

T3010 line (5010 + 5020) ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗

Reserves

T1 · computed (open data)

Years current reserves could cover program spending.

Sector quartiles: 0.4 yr / 0.8 yr / 7.5 yr (p25 / median / p90).

T3010 line (4100 + 4140) ÷ 5000 · Self-reported on the T3010; not independently verified. source ↗

Total revenue

T1 · computed (open data)

$259K

Last-reported total revenue.

T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗

Donor-funded

T1 · computed (open data)

31%

Share of revenue from receipted donations.

T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗

Government-funded

T1 · computed (open data)

0%

Share of revenue from federal, provincial, and municipal sources.

T3010 line 4570 (or 4540+4550+4560) ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗

Over the years

Every figure as filed at each fiscal period end, 20192024.

Period endRevenueCents to causeOverheadReserves
2019-12-31$80K28¢72%461.9 yr
2020-12-31$63K87¢13%18.1 yr
2021-12-31$322K79¢21%33.8 yr
2022-12-31$108K89¢11%14.5 yr
2023-12-31$-17K100%
2024-12-31$259K88¢12%
trend

From its T3010 filings (CRA annual releases) · self-reported, not audited by us · when a period is restated in a later release, the newest figures are shown · = cents-to-cause outside the valid 0–100% range (filing error; not used in rankings). source ↗

★ Tier 2 — Charity Intelligence (analyst-reviewed)

Not rated by Charity Intelligence. Their analysts cover 618 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.

Board of directors

8 directors reported · 8 of 8at arm's length

  • VARSALONA, TONYDIRECTORarm's length
  • DUECK, CAROLPRESIDENTarm's length
  • MILNE, MATTHEWDIRECTORarm's length
  • MONTGOMERY, ROBERTDIRECTORarm's length
  • CARTMER, JOANNEDIRECTORarm's length
  • ANGELICCHIO, DOMENICDIRECTORarm's length
  • VAJDA, JOHNDIRECTORarm's length
  • AKHTER, SAADDIRECTORarm's length

From its F2024T3010 filing (public CRA record), as filed. “Arm's length” means not related to other officials by family or business ties. source ↗

Right of reply

This charity hasn't added a response yet. When it does, it appears here, beside the numbers, and is never removed. Represent this charity? Submit a response.

Verify everything: full public record on CharityData.ca ↗ · CRA charities listing ↗

THE ALBRIGHT FOUNDATION: CRA filing and financial data · Charity Compass