Ad Ventures Alberta Charitable Foundation
Private foundation · Bragg Creek, Alberta · BN 860577188RR0001 · Foundations
Source: T3010 return, FPE 2024-12-31. Split of total expenditures ($37,840) as filed with the CRA.
Ad Ventures Alberta Charitable Foundation is a private foundation based in Bragg Creek, Alberta, classified by the CRA under foundations. In its fiscal year ending December 31, 2024, it reported $32K in revenue and $38K in expenditures. Spending exceeded revenue that year — the gap came out of reserves.
Compared with 3,025 grantmaking charities of similar size, its share of spending on mission — charitable programs plus grants to other charities — ranked above 20% of peers.
As a grantmaker, it reported gifts to 4 qualified donees totalling $26K in 2024, the largest being $10K to Wildhorse Cycling Club. Its filed list of directors and trustees shows 3 names.
In its own words
The foundation was established to gift funds to qualified donees per ita 149.1(1). Donations were made in the total of $25 500 in 2024.
Ongoing-program description from its T3010 filing, verbatim.
The ledger, 2020–2024
| Year | Revenue | Spending | Programs | Fundraising | Gifts out | Net assets |
|---|---|---|---|---|---|---|
| 2024 | $32K | $38K | — | — | $26K | $389K |
| 2023 | $33K | $31K | — | — | $19K | $395K |
| 2022 | $31K | $19K | — | — | $7,500 | $393K |
| 2021 | $37K | $15K | — | — | $8,500 | $380K |
| 2020 | -$24K | $23K | — | — | $18K | $359K |
Revenue printed in red where the year ran a deficit. Fiscal years by period end.
Money between charities, 2024
Granted $26K to 4 qualified donees:
- Wildhorse Cycling Club$10K
- The Governors of the University of Alberta$8,000
- Alberta Cancer Foundation$5,000
- Hospice Calgary Society$2,500
As reported on the donors’ own T3010 qualified-donee schedules.
Directors & trustees (2024)
Darrell Jones (president and chairman); Alison Jones (vice president); Faralee Chanin (secretary).
As listed on its 2024 return.
Check the source
Every figure on this page is from Ad Ventures Alberta Charitable Foundation’s own T3010 filings, published by the Canada Revenue Agency. Verify against the CRA’s charities listing (search BN 860577188RR0001), or read how we compute the receipt.