CANADA ICELAND FOUNDATION INC.
Charitable organizationSupport of schools and education·272 HAZEL DELL AVE · WINNIPEG, MB · R2K 0P8·BN 892215369RR0001
Last reported: F2024 filing · period ending 2024-04-30
Cents to cause T1
59¢
of each dollar spent, to programs
Operating overhead T1
41%
typical range 5–35%
Reserves T1
36.2 yr
of program spending, in cash and investments
Revenue T1
$112K
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
Common questions
How do I donate to Canada Iceland Foundation Inc.?
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 Canada Iceland Foundation Inc. a registered charity?
Per CRA records, it filed a F2024 T3010 return under charity number 892215369RR0001. 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 Canada Iceland Foundation Inc. located?
Per its F2024 T3010, its address on file is 272 HAZEL DELL AVE, WINNIPEG, MB, R2K 0P8. Source.
What does Canada Iceland Foundation Inc. do?
In its own words, from its F2024 T3010 filing: "THE FOUNDATION AWARDS SCHOLARSHIPS AND GRANTS TO ASSOCIATIONS AND INDIVIDUALS TO RESEARCH AND SHOWCASE ICELANDIC AND ICELANDIC-CANADIAN HISTORY ARTS AND CULTURAL PROGRAMS AND PROJECTS TO WHICH THE FOUNDATION BELIEVES PRESERVES AND PROMOTES ICELANDIC HERITAGE." Full program description.
How much of Canada Iceland Foundation Inc.'s spending goes to programs?T1
Per its F2024 T3010, 59¢ of each dollar it spent went to programs (self-reported, not independently verified). Full figures.
How big is Canada Iceland Foundation Inc.?T1
Its last-reported revenue was $112K (F2024), which places it in Charity Compass's under $1M revenue band, alongside 27,629 other operating charities.
What it does — in its own words
Ongoing programs
THE FOUNDATION AWARDS SCHOLARSHIPS AND GRANTS TO ASSOCIATIONS AND INDIVIDUALS TO RESEARCH AND SHOWCASE ICELANDIC AND ICELANDIC-CANADIAN HISTORY ARTS AND CULTURAL PROGRAMS AND PROJECTS TO WHICH THE FOUNDATION BELIEVES PRESERVES AND PROMOTES ICELANDIC HERITAGE.
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.
59¢
Per its F2024 T3010, 59¢ of each dollar spent went to programs. The rest ran the organization and raised money; higher is not automatically better.
Sector median: 89¢ across 55,155 computed charities; 89¢ among those its size (under $1M).
this charity 59¢ · sector median 89¢ · all 55,155 computed charities
T3010 line 5000 ÷ 4950 · Self-reported on the T3010; not independently verified. source ↗ · what this means
41%
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
36.2 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)$112K
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)47%
Share of revenue from receipted donations.
T3010 line 4500 ÷ 4700 · Self-reported on the T3010; not independently verified. source ↗
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
47%
T3010 4500 ÷ 4700
GovernmentT1
0%
T3010 4570 (or 4540+4550+4560) ÷ 4700
Other revenueT1
53%
T3010 remainder ÷ 4700
Self-reported on the T3010; not independently verified. source ↗
Over the years
Every figure as filed at each fiscal period end, 2019–2024.
| Period end | Revenue | Cents to cause | Overhead | Reserves |
|---|---|---|---|---|
| 2019-04-30 | $23K | 70¢ | 30% | — |
| 2020-04-30 | $8K | 53¢ | 47% | — |
| 2021-04-30 | $77K | 44¢ | 56% | — |
| 2022-04-30 | $31K | 65¢ | 35% | — |
| 2023-04-30 | $51K | 289¢✱ | 100% | — |
| 2024-04-30 | $112K | 59¢ | 41% | 36.2 yr |
| trend |
Swipe sideways to see every column.
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 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.
- CANADIAN FOUNDATION FOR UKRAINIAN STUDIES
TORONTO, ON·revenue $788K
86¢to programs · T1
- AHEPA FAMILY CHARITABLE FOUNDATION OF CANADA
STRATFORD, ON·revenue $251K
83¢to programs · T1
- CANADIAN HERO FUND
TORONTO, ON·revenue $1.4M
64¢to programs · T1
- CANADIAN ASSOCIATES OF BERMUDA INSTITUTE OF OCEAN SCIENCES INC.
WOODBRIDGE, ON·revenue $123K
—to programs · T1
- CPAC FOUNDATION
SCARBOROUGH, ON·revenue $221K
96¢to programs · T1
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
18 directors reported · 9 of 18at arm's length
- SIMUNDSSON, ELVAPRESIDENTarm's length
- VAN IDERSTINE, HELGAPAST VICE PRESIDENTarm's length
- SAMSON, TIMOTHYDIRECTORarm's length
- SIGURDSON, KRISTJANTREASURERarm's length
- SIMUNDSSON, AVERYSECRETARYarm's length
- PERLMUTTER, WILLIAMDIRECTORarm's length
- TERGESEN, LORNADIRECTORarm's length
- KRISTJANSON, RUTHDIRECTORarm's length
- BRANDSON, LAUREENDIRECTOR
- BUCHAN, PETER JOHNDIRECTOR
Show all 18 directors
- DANIELS, GUNNVORDIRECTOR
- NIELSDOTTIR, KATRINDIRECTOR
- BOITING, KAREN BORGEJORDDIRECTOR
- GOEBEL, SERENADIRECTOR
- COLLINS, ANGELADIRECTOR
- BJORNSON, DON LVICE PRESIDENTarm's length
- BJORNSSON, SHAWNDIRECTOR
- GUTTORMSSON, SALINDIRECTOR
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 ↗