The Foundation of St. Joseph Seminary and Newman Theological College
Public foundationFoundations advancing education·9828 84 ST NW · EDMONTON, AB · T6A 0B2·BN 893481465RR0001
Last reported: F2024 filing · period ending 2024-07-31
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
The activities of The Foundation of St. Joseph Seminary and Newman Theological College are dedicated to the advancement of theological education the priestly formation of seminarians and other purposes of a charitable nature beneficial to St. Joseph Seminary and Newman Theological College and the community as a whole. Its activities for the year were to solicit raise receive record and disburse funds to the above organization to support the formation of seminarians at St. Joseph Seminary and the theological education of students at Newman Theological College. As part of its efforts to rais… Show more
The activities of The Foundation of St. Joseph Seminary and Newman Theological College are dedicated to the advancement of theological education the priestly formation of seminarians and other purposes of a charitable nature beneficial to St. Joseph Seminary and Newman Theological College and the community as a whole. Its activities for the year were to solicit raise receive record and disburse funds to the above organization to support the formation of seminarians at St. Joseph Seminary and the theological education of students at Newman Theological College. As part of its efforts to raise funds to support St. Joseph Seminary and Newman Theological College the Foundation is to increase the profile of these organizations in the community.
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)82%
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)80%
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)328 yr
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)$8.1M
Last-reported total revenue.
T3010 line 4700 · Self-reported on the T3010; not independently verified. source ↗
Donor-funded
T1 · computed (open data)27%
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, 2019–2024.
| Period end | Revenue | Cents to cause | Overhead | Reserves |
|---|---|---|---|---|
| 2019-07-31 | $3.0M | 15¢ | 87% | 301.6 yr |
| 2020-07-31 | $2.8M | 24¢ | 76% | 289.7 yr |
| 2021-07-31 | $2.8M | 31¢ | 69% | 227.2 yr |
| 2022-07-31 | $4.3M | 28¢ | 72% | 222.2 yr |
| 2023-07-31 | $4.8M | 35¢ | 65% | 155.5 yr |
| 2024-07-31 | $8.1M | 20¢ | 80% | 328 yr |
| 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
- West, JasonNTC Presidentarm's length
- Casavant, SylvainSJS Rectorarm's length
- Caputo, JohnMember at largearm's length
- Ladouceur, JoeMember at largearm's length
- Venne, ScottMember at Largearm's length
- Johns, KeithMember at Largearm's length
- Iwuc, RichardMember at Largearm's length
- Badley, KarenNTC Interim Presidentarm'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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