Makeway Foundation (fka Tides Canada Foundation)

EIN 980404212 · Donor-advised fund program as reported on Form 990 Schedule D, fiscal year 2023.

← All sponsors
DAF assets
$32.84M
at fiscal year end
Grants out
−$8.66M
from DAF accounts
Contributions in
$11.74M
received into DAFs
Payout rate
median is 12.5%
Accounts
145
funds held at year end
Average account
$226K
assets per fund

This filing reports a negative figure where none is possible. The grants paid figure is shown below exactly as filed. Schedule D asks for totals, which cannot be less than zero, so this is near-certainly a sign-convention error in the return rather than a real value — the magnitude is probably right and the sign wrong. No payout rate is calculated, and this organization is excluded from the sector totals on the index.

This sponsor did not report DAF assets at year end, so a payout rate cannot be calculated.

DAF assets by year

$23.8M
FY2020
$29.8M
FY2021
$30.2M
FY2022
$32.8M
FY2023

Grants paid by year

−$3.4M
FY2020
−$4.1M
FY2021
−$3.2M
FY2022
−$8.7M
FY2023

A missing year means no return for that year has been released yet, not that the organization was inactive. Years marked fall in the 2020–21 pandemic giving surge, when contributions into donor-advised funds rose sharply across the sector; treat them as an unusual period rather than a baseline.

Grant disclosure

Itemized 1 grant lines totalling $7K across 2019–2024 — $7K per line.

Largest reported recipients

Organizations receiving the most from this sponsor across 2019–2024, as itemized on Schedule I. Only grants above $5,000 must be listed.

RecipientTotal 2019–2024
Washington University In St Louis runs a DAF programEIN 430653611 MO$7K

How these figures are calculated: methodology and disclosures. Source: IRS Form 990 e-file XML for fiscal year 2023, via the National Center for Charitable Statistics. Payout rate is DAF grants divided by DAF assets at year end. Recipient totals combine tax years 2019–2024 where filings are available. IRS release and parsing lag means recent years are incomplete for many organizations — NCCS advises treating the most recent year in the panel as partial.