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Royal Canadian Naval Benevolent Fund
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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.
A breakdown of financial data for Royal Canadian Naval Benevolent Fund by year.
(Financial Data is sourced from Canada Revenue Agency)Year | Revenue | Expenses | Total Assets | Liabilities | Total Compensation | Program Expenditures | Management Expenditures | Fundraising Expenditures |
---|---|---|---|---|---|---|---|---|
2022 | $1,052,214.00 | $563,351.00 | $4,753,330.00 | $21,068.00 | $0.00 | $333,864.00 | $119,778.00 | $0.00 |
2021 | $3,950,196.00 | $183,423.00 | $4,280,162.00 | $118,090.00 | $0.00 | $68,577.00 | $114,846.00 | $0.00 |
2020 | $3,043,260.00 | $312,077.00 | $3,176,066.00 | $39,714.00 | $70,370.00 | $187,472.00 | $124,605.00 | $0.00 |
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