Charity BreakdownCanadian charity filings, itemized

Abbott Foundation

Private foundation · Vancouver, British Columbia · BN 776882748RR0001 · Foundations

Every $100 spentAbbott FoundationFiscal year ended December 31, 2024
Gifts to other charities$95
Management & admin$5
TOTAL$100
Registered

Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($54,855) as filed with the CRA.

Abbott Foundation is a private foundation based in Vancouver, British Columbia, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $60K in revenue and $55K in expenditures.

Its funding that year was roughly 100% from donations.

Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 54% of peers.

As a grantmaker, it reported gifts to 2 qualified donees totalling $52K in 2024, the largest being $42K to The Writers' Exchange Society.

In its own words

To provide gifts to non profit organizations for charitable purposes.

Ongoing-program description from its T3010 filing, verbatim.

The ledger, 20212024

YearRevenueSpendingProgramsFundraisingGifts outNet assets
2024$60K$55K$52K$14K
2023$30K$30K
2022$88K$85K$1,271
2021$10K$10K

Revenue printed in red where the year ran a deficit. Fiscal years by period end.

Private foundation — endowment and payout, December 31, 2024

Held at year end$14K$13,630 in total assets
Given away$52Kto 2 charities
That is381.5%of what it holds
Where the money came from
  • Receipted donations$60,000

This ratio is gifts made divided by total assets at year end. It is not the CRA disbursement quota, which is calculated on the average value of property not used in charitable activities and cannot be derived from these filings.

Money between charities, 2024

As reported on the donors’ own T3010 qualified-donee schedules.

Check the source

Every figure on this page is from Abbott Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 776882748RR0001), or read how we compute the receipt.