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CWB WELDING FOUNDATION

Public foundationFoundations advancing education·8260 PARKHILL DRIVE · MILTON, ON · L9T 5V7·BN 836340539RR0001

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

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Disbursed to charities T1

43%

of spending, to other registered charities

Operating overhead T1

—

not in this filing

Reserves T1

1.5 yr

of program spending, in cash and investments

Revenue T1

$9.7M

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 Cwb Welding 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 Cwb Welding Foundation a registered charity?

Per CRA records, it filed a F2024 T3010 return under charity number 836340539RR0001. 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 Cwb Welding Foundation located?

Per its F2024 T3010, its address on file is 8260 PARKHILL DRIVE, MILTON, ON, L9T 5V7. Source.

What does Cwb Welding Foundation do?

In its own words, from its F2024 T3010 filing: "1. TO ADVANCE EDUCATION BY PROVIDING SCHOLARSHIPS BURSARIES AWARDS AND OTHER FORMS OF FINANCIAL ASSISTANCE TO INDIVIDUALS PURSUING EDUCATION IN THE FIELD OF WELDING AND ALLIED PROCESSES. 2. TO ADVANCE EDUCATION BY PROVIDING PROGRAMS WORKSHOPS EDUCATIONAL MATERIALS AND EQUIPMENT RELATED TO THE FIELD WELDING…" Full program description.

How much does Cwb Welding Foundation disburse to other charities?T1

Per its F2024 T3010, 43% of its spending went to other registered charities (self-reported, not independently verified). Full figures.

How big is Cwb Welding Foundation?T1

Its last-reported revenue was $9.7M (F2024).

What it does — in its own words

Ongoing programs

1. TO ADVANCE EDUCATION BY PROVIDING SCHOLARSHIPS BURSARIES AWARDS AND OTHER FORMS OF FINANCIAL ASSISTANCE TO INDIVIDUALS PURSUING EDUCATION IN THE FIELD OF WELDING AND ALLIED PROCESSES. 2. TO ADVANCE EDUCATION BY PROVIDING PROGRAMS WORKSHOPS EDUCATIONAL MATERIALS AND EQUIPMENT RELATED TO THE FIELD WELDING JOINING AND ALLIED PROCESSES TO INDIVIDUALS PURSUING EDUCATION IN THE FIELD OF WELDING JOINING AND ALLIED PROCESSES. 3. TO CONDUCT RESEARCH WITH RESPECT TO WELDING AND ALLIED PROCESSES AND TO DISSEMINATE THE RESULTS OF SUCH RESEARCH. 4. TO RECEIVE AND MAINTAIN A FUND OR FUN… Show more

1. TO ADVANCE EDUCATION BY PROVIDING SCHOLARSHIPS BURSARIES AWARDS AND OTHER FORMS OF FINANCIAL ASSISTANCE TO INDIVIDUALS PURSUING EDUCATION IN THE FIELD OF WELDING AND ALLIED PROCESSES. 2. TO ADVANCE EDUCATION BY PROVIDING PROGRAMS WORKSHOPS EDUCATIONAL MATERIALS AND EQUIPMENT RELATED TO THE FIELD WELDING JOINING AND ALLIED PROCESSES TO INDIVIDUALS PURSUING EDUCATION IN THE FIELD OF WELDING JOINING AND ALLIED PROCESSES. 3. TO CONDUCT RESEARCH WITH RESPECT TO WELDING AND ALLIED PROCESSES AND TO DISSEMINATE THE RESULTS OF SUCH RESEARCH. 4. TO RECEIVE AND MAINTAIN A FUND OR FUNDS AND TO APPLY ALL OR PART OF THE PRINCIPAL AND INCOME THEREFROM FROM TIME TO TIME TO QUALIFIED DONEES AS DEFINED UNDER THE PROVISIONS OF THE INCOME TAX ACT (CANADA) THAT ADVANCE EDUCATION AND RESEARCH IN THE FIELD OF WELDING AND ALLIED PROCESSES.

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)

43%

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)

—

Not reported in this filing: the return leaves out the lines this figure needs, so we show nothing rather than an estimate.

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

Reserves

T1 · computed (open data)

1.5 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 ($1M–$10M, 9,072): median 0.5 yr; 43% 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)

$9.7M

Last-reported total revenue.

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

Donor-funded

T1 · computed (open data)

43%

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)

50%

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

    43%

    T3010 4500 ÷ 4700

  • GovernmentT1

    50%

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

  • Other revenueT1

    6%

    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

12 directors reported · 11 of 12at arm's length

  • CARTER, PAULDIRECTORarm's length
  • COLLIE, DAVIDDIRECTORarm's length
  • CONNELL, JACKIEDIRECTORarm's length
  • DAVIES, NICOLEDIRECTORarm's length
  • LUCIANI, DOUGVICE CHAIRarm's length
  • MARINUCCI, GIOVANNICHAIRarm's length
  • MARION, ROBDIRECTORarm's length
  • OSTERMAIER, WAYNEDIRECTORarm's length
  • ROSE, BONNIEDIRECTORarm's length
  • SANTI, DAVIDDIRECTOR
  • THORSON, SHAUN ADIRECTORarm's length
  • WATTS-RYNARD, SARAHVICE CHAIRarm'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 ↗