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VIDAR FOUNDATION

Public foundationFoundations·5 BALSAM ST · TINY, ON · L0L 1P1·BN 888038718RR0001

Last reported: F2024 filing · period ending 2024-08-31

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

SOCIAL FINANCING At the Vidar Foundation we believe low interest rate loans are important to the success of Anthroposophical Initiatives. Projects are carefully selected to assure our investment will thrive and are secure. To qualify an organization must be in business for at least 5 years be the registered owner of their property and must have a supporting community. By investing our money consciously we ensure it is working to help build the society urgently necessary for the future.

New programs

The Vidar Foundation provides low-interest loans to Anthroposophical initiatives across Canada to make them independent of banks. Vidar Foundation Investors are selected for their high moral and ethical standards. They participate by placing their savings in highly secured assets that will inaugurate future development. We have initiated a teacher training student loan and bursary program to strengthen Waldorf Schools. Workshops and articles in relevant publications educating and supporting potential clients who are interested in social responsible and future oriented initiatives. We are Show more

The Vidar Foundation provides low-interest loans to Anthroposophical initiatives across Canada to make them independent of banks. Vidar Foundation Investors are selected for their high moral and ethical standards. They participate by placing their savings in highly secured assets that will inaugurate future development. We have initiated a teacher training student loan and bursary program to strengthen Waldorf Schools. Workshops and articles in relevant publications educating and supporting potential clients who are interested in social responsible and future oriented initiatives. We are supporting four Waldorf Schools in Canada and are in negotiation new loans.

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)

98%

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)

1%

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)

$78K

Last-reported total revenue.

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

Donor-funded

T1 · computed (open data)

1%

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
2019-08-31$21K73230¢4695%
2020-08-31$238K
2021-08-31$53K
2022-08-31$112K
2023-08-31$119K100%
2024-08-31$78K30¢1%
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

3 directors reported · 3 of 3at arm's length

  • Belenson, Ingrid IBCo-Chairarm's length
  • Janz, Trevor JTCo-Chairarm's length
  • Heintz, Nicolas NHTreasurerarm'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

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