Renascent Foundation Inc.

WellFunded is working with organizations like Renascent Foundation Inc. to eliminate redundancy, increase equity, and unlock more funding for charities like yours.

Tax ID 119115434RR0001 Canada 🇨🇦

Trusted by leading Canadian DAFs, foundations, and wealth advisors managing over $1.3B in charitable assets.

About Renascent Foundation Inc.

Overview

Renascent Foundation Inc. is a charity based in Toronto that promotes recovery from substance abuse and addiction through public awareness and providing homes for treatment programs. The Foundation raises funds to support substance addiction programs, helping individuals in need to overcome their struggles and start a new chapter in their lives.

Financial overview

Revenue (2025)
$6,921,067
Expenses (2025)
$6,716,413
Total assets
$6,684,258
Liabilities
$2,085,330
Year Revenue Expenses Program Admin Fundraising
2025 $6,921,067.00 $6,716,413.00 $4,681,801.00 $510,053.00 $378,404.00
2024 $6,461,829.00 $6,249,810.00 $4,555,349.00 $429,374.00 $392,799.00
2023 $5,835,802.00 $6,360,462.00 $4,262,762.00 $484,310.00 $372,845.00
2022 $5,085,349.00 $5,224,133.00 $3,095,341.00 $467,785.00 $477,478.00
2021 $4,353,541.00 $3,881,180.00 $2,162,788.00 $361,721.00 $245,365.00
2020 $4,974,675.00 $5,082,167.00 $2,555,406.00 $474,895.00 $528,281.00

Financial data sourced from the Canada Revenue Agency.

Revenue, expenses and assets

Revenue sources

Assets and liabilities

Spending mix by year

Board of directors

(2025 filing)
SJ

Suzanne Jaffe

Chair / Director

RB

Ronald Brooks

Treasurer

SW

Stephanie White

Director

SW

Stephen Waymire

Director

MM

Marilynne Madigan

Director

TH

Terry Hickey

Director

MK

Money Khoromi

Director

LD

Lara Daniels

Director

MO

Melanie Ormston

Director

MY

Michael Younder

Director

DS

David Struthers

Director

KM

Karen Martin

Chair/Director

LB

Leah Bryce

Director

MK

Margery Konan

Director

JS

John Skinner

Director

RE

Russell Evans

Director

Trusted by

NWM Acts of Grace Charis CNCF

Frequently asked questions

Everything you need to know about getting started.

How does the platform work?

WellFunded eliminates the inefficiencies, inequities and ineffectiveness of traditional fundraising by centralizing and standardizing the process. Instead of spending time on endless grant applications, you create a single, detailed profile that philanthropists and foundations can easily discover and fund.

Do I need to apply for funding through WellFunded?

Philanthropists can browse charity profiles, see your funding needs, and express interest directly—saving you countless hours. We are soon rolling out a "two click granting" tool where donors can set their granting preferences and matching charities are automatically surfaced.

What does it cost?

WellFunded charges philanthropists today. For charities, WellFunded offers a free tier, with plans for affordable paid options that provide enhanced visibility and engagement tools. There will always be a free tier.

How does WellFunded help my charity get discovered?

Instead of relying on cold proposals or personal networks, WellFunded helps you get in front of philanthropists actively looking to give in your area of impact.

How does WellFunded ensure trust and transparency?

Charity profiles include leadership information, financial data, and clear funding needs. Philanthropists can also see impact reports and follow giving activity of other donors.

Is my information secure?

Yes. WellFunded prioritizes data security and does not sell or share your private information outside the platform.