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CMTN FOUNDATION

Public foundationFoundations advancing education·5331 MCCONNELL AVE · TERRACE, BC · V8G 4X2·BN 730995495RR0001

Last reported: F2024 filing · period ending 2024-03-31

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Disbursed to charities T1

83%

of spending, to other registered charities

Operating overhead T1

93%

typical range 5–35%

Reserves T1

1,947.4 yr

of program spending, in cash and investments

Revenue T1

$683K

not reviewed by an analyst (Charity Intelligence)

— means the filing doesn't include the lines needed; details and sources below.·How to read these figures

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.

Common questions

How do I donate to Cmtn Foundation?

You can search for it on CanadaHelps to donate. Charity Compass never handles your money — we only link out to where you can give.

Is Cmtn Foundation a registered charity?

Per CRA records, it filed a F2024 T3010 return under charity number 730995495RR0001. Registration status can change, so check the CRA charities listing for its current status. Only a currently registered charity can issue an official donation receipt.

Where is Cmtn Foundation located?

Per its F2024 T3010, its address on file is 5331 MCCONNELL AVE, TERRACE, BC, V8G 4X2. Source.

What does Cmtn Foundation do?

In its own words, from its F2024 T3010 filing: "CMTN Foundation's purpose is to fund promote and carry out activities which are consistent with the objectives of Coast Mountain College and to provide support for the educational facilities and programs by funding scholarships awards and bursaries granted to Coast Mountain College students. A large part of the…" Full program description.

How much does Cmtn Foundation disburse to other charities?T1

Per its F2024 T3010, 83% of its spending went to other registered charities (self-reported, not independently verified). Full figures.

How big is Cmtn Foundation?T1

Its last-reported revenue was $683K (F2024).

What it does — in its own words

Ongoing programs

CMTN Foundation's purpose is to fund promote and carry out activities which are consistent with the objectives of Coast Mountain College and to provide support for the educational facilities and programs by funding scholarships awards and bursaries granted to Coast Mountain College students. A large part of the Foundation's activities include community outreach through fundraising events. These events are supported by volunteers from Coast Mountain College staff alumni college students and regional dignitaries. Each of our five annual events require over 100 hours of volunteer time.

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. New to these terms? Read what cents to the cause, overhead and reserves mean.

Disbursed to qualified donees

T1 · computed (open data)

83%

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)

93%

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 ↗ · what this means

Reserves

T1 · computed (open data)

1,947.4 yr

Years that cash, bank balances and investments on hand could cover program spending; liabilities and restricted funds are not netted out.

Charities its size (under $1M, 27,629): median 1 yr; 14% hold under half a year. All operating charities: median 0.8 yr.

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

Total revenue

T1 · computed (open data)

$683K

Last-reported total revenue.

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

Donor-funded

T1 · computed (open data)

6%

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 ↗ · what this means

Where the money comes from

Shares of last-reported revenue, per its F2024 T3010. Self-reported; not independently verified.

  • Receipted donationsT1

    6%

    T3010 4500 ÷ 4700

  • GovernmentT1

    0%

    T3010 4570 (or 4540+4550+4560) ÷ 4700

  • Other revenueT1

    94%

    T3010 remainder ÷ 4700

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

★ Tier 2 — Charity Intelligence (analyst-reviewed)

Not rated by Charity Intelligence. Their analysts cover 819 of Canada's 83,761 charities; absence of a rating says nothing about this charity. Our computed figures above stand on their own.

Similar charities

Same CRA category, revenue within 20× of this one, and the closest program descriptions in their own filings. A shortlist to compare, not a ranking.

Figures per each charity's F2024 T3010 · self-reported, not audited by us · ✱= that filing's expense lines don't reconcile · open a profile for sources and caveats.

Board of directors

16 directors reported · 16 of 16at arm's length

  • Veldman, KennethDirectorarm's length
  • Pond, Herbert LChairarm's length
  • Appleton, GeoffDirectorarm's length
  • Badge, BrianCAO CMTN Foundation (Leave)arm's length
  • Genereaux, KhalieVice Chair/Director/Memberarm's length
  • Jones, SandraDirectorarm's length
  • Waye, LauriePresident & CEO Collegearm's length
  • Hidber, RuthDirector of Finance CMTNarm's length
  • Doyle, MichaelVP Corporate Services CMTNarm's length
  • Halbauer, NicoleDirector CMTN Board Chairarm's length
Show all 16 directors
  • Koerner, Yvonne KExecutive Directorarm's length
  • Martin, Clarence PDirectorarm's length
  • Verma, KapilDirectorarm's length
  • Whitehead, GeorgeDirectorarm's length
  • Cutler, TarynDirector CMTN Board Governorsarm's length
  • Bakker, SteveDirectorarm'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 ↗