The Royal Canadian Naval Benevolent Fund

WellFunded is working with organizations like Royal Canadian Naval Benevolent Fund to eliminate redundancy, increase equity, and unlock more funding for charities like yours.

Tax ID 107935181RR0001 Canada 🇨🇦

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

About The Royal Canadian Naval Benevolent Fund

Overview

The Royal Canadian Naval Benevolent Fund provides grants and interest-free loans to former and serving members of the naval forces of Canada, the merchant navy, and their dependants to relieve distress and promote well-being. Additionally, the charity offers bursaries to children and grandchildren of qualified individuals within the mentioned groups.

Financial overview

Revenue (2025)
$546,160
Expenses (2025)
$493,873
Total assets
$4,307,028
Liabilities
$97,500
Year Revenue Expenses Program Admin Fundraising
2025 $546,160.00 $493,873.00 $119,354.00 $244,854.00 $0.00
2024 $579,819.00 $531,744.00 $109,863.00 $248,393.00 $0.00
2023 -$142,269.00 $511,197.00 $145,337.00 $214,858.00 $0.00
2022 $1,052,214.00 $563,351.00 $333,864.00 $119,778.00 $0.00
2021 $3,950,196.00 $183,423.00 $68,577.00 $114,846.00 $0.00
2020 $3,043,260.00 $312,077.00 $187,472.00 $124,605.00 $0.00

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)
RM

RANDY MAZE

Director

DH

DAVID C HUDOCK

Director

TR

TOM RIEFESEL

President

LP

LINAS A PILYPAITIS

Treasurer

ML

MICHELAINE LAHAIE

Secretary

SB

SERGE BERTRAND

Vice President

TO

TIM O'LEARY

Director

HC

HEUNG CHHAY CHAO

Vice Chair

MM

MARTA MULKINS

Director

LC

LAUREN COPELAND

Chair

CB

CAL BRICKER

Director

JC

JILL CARLETON

Director

NN

NIKITA JAMES NANOS

Director

LM

LOUISE MERCIER

Director

Trusted by

NWM Acts of Grace Charis CNCF

Frequently asked questions

Everything you need to know about getting started.

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