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British Columbia · Registered charity

THE WELLSPRING FOUNDATION FOR EDUCATION

THE WELLSPRING FOUNDATION FOR EDUCATION (British Columbia) receives grants from 64 organizations whose Canada Revenue Agency filings report C$6,222,843 to it, the largest being Charitable Gift Funds Canada Foundation / Fonds de Bienfaisance Canada (C$880,000). 45 of them have funded it in more than one year.

Revenue FY2024
C$2.1M
Funders on record
64
Grants received
C$6.2M
Net assets
C$1.0M
45/64 repeat funderspeak grant-dependency 43%
01What it does

What The Wellspring Foundation for Education does

Ongoing programs

The Wellspring Foundation for Education’s programs have equipped 256 school leaders to build safe and welcoming schools where children thrive; empowered 3 710 teachers to bring engaging lessons to life for students every day; supported 11 252 parents and caregivers to encourage learning at home; so that 169 300 children and youth are benefiting from education that enables them to grow into their potential. Out hallmark approach – the school development program – continued to serve students teachers school leaders parents and community representatives in 3 sectors of rubavu district in rwanda. An impact evaluation on the rubavu school development program conducted in 2024 demonstrated wide-ranging impact and positive change in the school communities. Now in a new phase of our school development program the 'turer abana program' is aiming to keep rubavu’s most vulnerable children in school and to support their learning by strengthening families and home environments through training 234 village-level family coaches while training and coaching school leaders at 23 schools to lead and create a nurturing healthy and protective school environment and to coordinate and…

As stated on its FY2024 T3010.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 (C$3.0M) Expenses 100 (C$2.4M) Net assets 100 (C$2.0M)2018 Revenue 86 (C$2.6M) Expenses 103 (C$2.5M) Net assets 103 (C$2.1M)2019 Revenue 81 (C$2.4M) Expenses 112 (C$2.7M) Net assets 87 (C$1.8M)2020 Revenue 82 (C$2.4M) Expenses 105 (C$2.6M) Net assets 82 (C$1.7M)2021 Revenue 73 (C$2.2M) Expenses 106 (C$2.6M) Net assets 63 (C$1.3M)2022 Revenue 87 (C$2.6M) Expenses 117 (C$2.8M) Net assets 51 (C$1.0M)2023 Revenue 84 (C$2.5M) Expenses 103 (C$2.5M) Net assets 51 (C$1.0M)2024 Revenue 70 (C$2.1M) Expenses 87 (C$2.1M) Net assets 49 (C$1.0M)
'17'18'19'20'21'22'23'24
Revenue (70)Expenses (87)Net assets (49)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from C$1.7M to C$1.3M (−23%).

C$2.1M
C$2.1M
C$1.8M
C$1.7M
C$1.3M
C$1.1M
C$1.1M
C$1.0M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 0% · 2020 10% · 2021 9% · 2022 7% · 2023 3%. Grants only. Government contracts and fees sit inside program revenue.

73% of THE WELLSPRING FOUNDATION FOR EDUCATION’s revenue is contributions — more donation-reliant than the typical peer (34% for the typical peer).

This organization
Typical peer · 355 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 8 reported years ran a deficit.

C$567k
’17
C$62k
’18
−C$300k
’19
−C$101k
’20
−C$389k
’21
−C$234k
’22
−C$4k
’23
−C$29k
’24
2.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

'17'18'19'20'21'22'23'24
Listed10981010997
Joined·+2+0+2+1+2+0+1
No longer listed·3101303
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 29 funders, grant income rose C$438k → C$953k.

From the CRA filings of THE WELLSPRING FOUNDATION FOR EDUCATION’s funders (the co-funder graph). Top 30 of 64 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

How concentrated its funding is

THE WELLSPRING FOUNDATION FOR EDUCATION has a broad base — no single funder exceeds 14% of grant income, and it takes 5 funders to reach half.

the vertical line marks half of all grant income — 5 funders to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE WELLSPRING FOUNDATION FOR EDUCATION.

14%
largest funder
34%
top three
~15
effective funders

Largest funder’s share by year: 2017 11% · 2018 16% · 2019 34% · 2020 28% · 2021 17% · 2022 47% · 2023 21% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

How long its funders stay

54% of THE WELLSPRING FOUNDATION FOR EDUCATION's funders are still giving 3 years after their first grant; 70% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

THE WELLSPRING FOUNDATION FOR EDUCATION draws 69% of its grant income from funders outside British Columbia, across 4 regions in all.

In-province vs out-of-province, by year

’17
’18
’19
’20
’21
’22
’23
British Columbia out of province

Funder regions come from each funder’s own filing. C$910k arriving through sponsors registered in 1 region is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024 is still being filed and is shown unshaded; it does not move any figure on this page.

04Its place in the field

Against its field

THE WELLSPRING FOUNDATION FOR EDUCATION's funding has concentrated — grant income rose while the number of funders held roughly flat.

Operating margin−1% · bottom quartile
Months of reserve2.6mo · below the median
Revenue growth (annualized)−5% · bottom quartile

this organization peer median middle 50% of peers· 388 support of schools and education nonprofits $1M–$10M, FY2024

Government revenue THE WELLSPRING FOUNDATION FOR EDUCATION reports

Federal, provincial and municipal funding on the organization’s own T3010 return.

FY2023C$69k
17
20
21
22
23
  • 3% of FY2023 revenue
  • As filed, not traced to an award

Organizations like THE WELLSPRING FOUNDATION FOR EDUCATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every charity on the CRA register — the closest peers, and often the clearest route to shared or prospective funders.

In British Columbia

Nationally

05Profile & governance

Read directly from this organization’s own T3010 return, as neutral context.

Where the money goes

67% of spending goes to programs.

Program 67%Management 14%Fundraising 18%

Governance

7
board members

Questions and answers

Who funds THE WELLSPRING FOUNDATION FOR EDUCATION?
THE WELLSPRING FOUNDATION FOR EDUCATION (British Columbia) receives grants from 64 organizations whose Canada Revenue Agency filings report C$6,222,843 to it, the largest being Charitable Gift Funds Canada Foundation / Fonds de Bienfaisance Canada (C$880,000). 45 of them have funded it in more than one year.
How many funders does THE WELLSPRING FOUNDATION FOR EDUCATION have?
Canada Revenue Agency filings report 64 organizations giving C$6,222,843 in grants to THE WELLSPRING FOUNDATION FOR EDUCATION, 45 of which have funded it in more than one year.
Who is the largest funder of THE WELLSPRING FOUNDATION FOR EDUCATION?
Charitable Gift Funds Canada Foundation / Fonds de Bienfaisance Canada is the largest funder on record, with C$880,000 in grants. The full list of funders is on this page.
How can an organization like THE WELLSPRING FOUNDATION FOR EDUCATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in British Columbia.

These figures are read directly from the CRA's published T3010 data: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 64 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · View the T3010 on the CRA register